NOT LISTED FOR SALE

1875 Lemon Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $867,000 - $981,000

4 Beds
2 Baths
2,030 Sq Ft
$452/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2018

Last sale price $765,000 $377 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,903 / mo

83 Days on Market

Highlights

  • Property is near park
  • Corner Lot
  • Landscaped
  • Long Beach Polytechnic High School Rated A
  • Private Yard
  • 1-minute walk to Martin Luther King Jr Park

About This Home

As of October 2018

Spanish Mediterranean Living in Long Beach! Completely Remodeled! Features brand new custom rod iron fencing with an electric gate for your security and convenience. Parking up to eight cars in the driveway which includes two single car garages with new doors. Censored security lights throughout the building new landscaping new sprinkler system with timer. New stucco, duel pane windows new wood fencing. Completely rebuilt rustic decks with custom rod iron railing. Entry stairway features two beautiful skylights. New stylish hard floors throughout all living area and New natural wood style tile in all three bathrooms. Ceramic designer tile in all three showers. Bathrooms have new designer vanities. New kitchens feature modern European style cabinets and new stainless steel appliances. High efficiency tank less water heater. Stylish iron light fixtures throughout with recces lighting. The property has been completely rewired including new electrical panel. New copper plumbing throughout. New gas lines. New mini split air conditioning unit downstairs. New furnace with new ducting in each unit upstairs. This property is centrally located under 10 minutes from CSULB. 1.75 Miles away from the Marina, Catalina Express, The Queen Mary, The Aquarium of the Pacific, restaurants & shopping. Only Minutes away from Pine St. Promenade! High rental demands low vacancy increasing rates Great ROI. Come home to your own Private Paradise Oasis! HUG PRICE REDUCTION...SELLER IS MOTIVATED!!

Last Agent to Sell the Property

Manuel Magana

No Firm Affiliation License #01205499 Listed on: 05/10/2018

Last Buyer's Agent

Jade Chu

VIRCHU FINANCIAL & INV. License #01993504

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 3,556 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Corner Lot
  • Level Lot
  • Backyard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Auto Driveway Gate

Home Design

  • 2,030 Sq Ft Home
  • Patio Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Property is near park

Listing and Financial Details

  • Tax Lot A
  • Tax Tract Number 57
  • Assessor Parcel Number 7210018023

Community Details

Building Details

  • Electric Expense $110
  • Insurance Expense $75
  • Trash Expense $80
  • Water Sewer Expense $135
  • Operating Expense $400
  • Gross Income $51,900
  • Net Operating Income $51,900

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

3,556 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 135.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7210018023
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 376.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Concrete, Garage Faces Side, Garage - Single Door
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 80.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Garden, Landscaped, Lawn, Level with Street, Park Nearby, Patio Home, Sprinkler System, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 3556.00

Multi Family

  • Electric Expense: 110.00
  • Gross Income: 51900.00
  • Gross Multiplier: 16.50
  • Gross Scheduled Income: 56700.00
  • Insurance Expense: 75.00
  • Net Operating Income: 51900.00
  • Number Of Units Total: 2
  • Operating Expense: 4800.00
  • Rent Control: No
  • Total Expenses: 400.00

Tax Info

  • Tax Census Tract: 5733.00
  • Tax Lot: A
  • Tax Tract Number: 57

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Bought by
Current Estimated Value
$917,793

Purchase Details

Listed on
May 10, 2018
Closed on
Oct 2, 2018
Sold by
Bought by
Seller's Agent
Manuel Magana
No Firm Affiliation
Buyer's Agent
Jade Chu
VIRCHU FINANCIAL & INV.
List Price
$798,000
Sold Price
$765,000
Premium/Discount to List
-$33,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$573,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 13, 2018
Sold by
Bought by
Seller's Agent
Manuel Magana
No Firm Affiliation
Buyer's Agent
Jade Chu
VIRCHU FINANCIAL & INV.
List Price
$798,000
Sold Price
$765,000
Premium/Discount to List
-$33,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
-- First American Title Company
$765,000 First American Title Company
-- None Available
-- None Available
-- Accommodation
$375,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $566,000
Closed $573,750
Closed $50,000
Closed $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/09/2018 10/09/18 Sold $765,000 -4.1% $377 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $798,000 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,347 $853,366 $278,876 $574,490
2024 $10,864 $836,634 $273,408 $563,226
2023 $10,683 $820,231 $268,048 $552,183
2022 $10,026 $804,149 $262,793 $541,356
2021 $9,828 $788,383 $257,641 $530,742
2020 $9,803 $780,300 $255,000 $525,300
2019 $9,688 $765,000 $250,000 $515,000
2018 $7,251 $571,200 $204,000 $367,200
2016 $2,425 $182,228 $25,184 $157,044
2015 $2,334 $179,492 $24,806 $154,686
2014 $2,328 $175,977 $24,321 $151,656
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Manuel Magana

    No Firm Affiliation

  • Jade Chu

    Buyer's Agent in 2018

    Jade Chu

    VIRCHU FINANCIAL & INV.

    (213) 458-9035

    36 Total Sales

    Jade Chu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18109498

California Regional Multiple Listing Service (CRMLS)

APN: 7210-018-023

California Los Angeles County Long Beach 90806 Sunrise

1875 Lemon Ave, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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