1880 Termino Ave Long Beach, CA 90815
Traffic Circle NeighborhoodEstimated Value: $1,659,000 - $2,477,000
9
Beds
5
Baths
4,389
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- Filtered Pool
- Updated Kitchen
- Property is near public transit
- Stanford Middle School Rated A-
- Contemporary Architecture
- Granite Countertops
About This Home
As of February 2020In the last 9 months this 4 unit property has been completely refurbished. It has a new roof, new plumbing and electrical, new flooring throughout the complex. Each unit has it's own garage and brand new electric garage door openers have been installed. The main sewer line has even been replaced and of course the place has been painted inside and out, top to bottom. ALL the kitchens and bathrooms have been redone with ALL new appliances and quartz counter tops. This gem of a property is well located close to the beach but with easy access to local freeways . . . but the best part is that it's now generating $10,000 each month. Please reach out to discuss this fine investment opportunity . . . this one is truly a one of a kind.
Last Agent to Sell the Property
Queen City Realty License #01334860 Listed on: 10/28/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,966
Year Built
- Built in 1963 | Remodeled
Lot Details
- 7,186 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Landscaped
- Private Yard
- Front Yard
Parking
- 4 Car Direct Access Garage
- Attached Carport
- Parking Available
Home Design
- Contemporary Architecture
- Quadruplex
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 4,389 Sq Ft Home
- Wood Burning Fireplace
- Living Room with Fireplace
- Dining Room
- Neighborhood Views
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Microwave
- Water Line To Refrigerator
- Dishwasher
- Granite Countertops
- Quartz Countertops
- Self-Closing Drawers
Bedrooms and Bathrooms
- 9 Bedrooms | 7 Main Level Bedrooms
- Remodeled Bathroom
- 5 Full Bathrooms
- Granite Bathroom Countertops
- Quartz Bathroom Countertops
- Low Flow Toliet
- Bathtub with Shower
- Walk-in Shower
Pool
- Filtered Pool
- In Ground Pool
- Gunite Pool
- Fence Around Pool
Location
- Property is near public transit
- Suburban Location
Schools
- Woodrow Wilson High School
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 20
- Tax Tract Number 26476
- Assessor Parcel Number 7219008036
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Recreation
- Park
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 28, 2022
Sold by
Wang and Debbie
Bought by
George And Debbie Wang 2022 Trust
Total Days on Market
24
Current Estimated Value
Purchase Details
Listed on
Oct 28, 2019
Closed on
Jan 13, 2020
Sold by
Wang Debbie
Bought by
Wang George
Seller's Agent
Robin Reed
Queen City Realty
Buyer's Agent
George Wang
Harvest Realtors, Inc.
List Price
$1,725,000
Sold Price
$1,650,000
Premium/Discount to List
-$75,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$990,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2019
Sold by
Mclaughlan Darryn
Bought by
Wang George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 24, 2018
Closed on
Feb 12, 2019
Sold by
Greer Paula and Greer Daniel
Bought by
Mclaughlan Darryn
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
Original Mortgage
$735,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 10, 2002
Sold by
Greer Thomas K
Bought by
Greer Thomas K and The Thomas K Greer Living Trust
Purchase Details
Closed on
Apr 2, 1997
Sold by
Haskill Dorothy and Greer Thomas K
Bought by
Greer Thomas K
Purchase Details
Closed on
Jul 1, 1996
Sold by
Ashley Larry
Bought by
Haskill Dorothy and Greer Thomas K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
3.57%
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| George And Debbie Wang 2022 Trust | -- | Law Office Of Bradley L Taylor | |
| Wang George | -- | Law Office Of Bradley L Taylor | |
| George And Debbie Wang 2022 Tr | -- | Law Office Of Bradley L Taylor | |
| Wang George | -- | Law Office Of Bradley L Taylor | |
| Wang George | -- | Old Republic Title Company | |
| Wang George | $1,650,000 | Old Republic Title Company | |
| Mclaughlan Darryn | $1,050,000 | Fidelity National Title Co | |
| Greer Thomas K | -- | -- | |
| Greer Dorothy E | -- | -- | |
| Greer Thomas K | -- | -- | |
| Haskill Dorothy | $357,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wang George | $973,500 | |
| Previous Owner | Wang George | $990,000 | |
| Previous Owner | Mclaughlan Darryn | $735,000 | |
| Previous Owner | Haskill Dorothy | $285,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2020 02/04/20 | Sold | $1,650,000 | -4.3% | $376 / Sq Ft |
| 11/21/2019 11/21/19 | Pending | -- | -- | -- |
| 10/28/2019 10/28/19 | For Sale | $1,725,000 | +64.3% | $393 / Sq Ft |
| 04/05/2019 04/05/19 | Sold | $1,050,000 | -10.6% | $239 / Sq Ft |
| 03/07/2019 03/07/19 | Pending | -- | -- | -- |
| 02/05/2019 02/05/19 | Price Changed | $1,175,000 | -6.0% | $268 / Sq Ft |
| 10/24/2018 10/24/18 | For Sale | $1,250,000 | -- | $285 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $22,966 | $1,769,131 | $857,760 | $911,371 |
| 2023 | $22,585 | $1,734,443 | $840,942 | $893,501 |
| 2022 | $21,197 | $1,700,435 | $824,453 | $875,982 |
| 2021 | $20,779 | $1,667,094 | $808,288 | $858,806 |
| 2020 | $13,774 | $1,071,000 | $749,700 | $321,300 |
| 2019 | $7,217 | $521,213 | $106,571 | $414,642 |
| 2018 | $6,917 | $510,994 | $104,482 | $406,512 |
| 2016 | $6,347 | $491,154 | $100,426 | $390,728 |
| 2015 | $6,103 | $483,777 | $98,918 | $384,859 |
| 2014 | $6,078 | $474,302 | $96,981 | $377,321 |
Source: Public Records
Agents Affiliated with this Home
-
Robin Reed
Seller's Agent in 2020
Robin Reed
Queen City Realty
(562) 881-2771
1 in this area
16 Total Sales
-
George Wang
Buyer's Agent in 2020
George Wang
Harvest Realtors, Inc.
(310) 347-1300
62 Total Sales
-
Kevin King
Seller's Agent in 2019
Kevin King
Marcus & Millichap
(562) 257-1245
45 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,588 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19252983
APN: 7219-008-036
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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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