J
Seller's Agent in 2018
John Alden
Alden Pacific Investments, Inc.
1882 Lime Ave Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,170,000 - $1,653,000
11
Beds
6
Baths
4,012
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- Laundry Room
- Long Beach Polytechnic High School Rated A
- Rectangular Lot
About This Home
As of July 2018We are pleased to present 1882 Lime, a large 4 Unit Income Producing Property with additional non-permitted 5th unit for additional cash flow. Located in the Poly Neighborhood of Long Beach, this property is comprised of 4 2 bed/1bath units and 1 3bed/2bath unit spread across 2 buildings. 4 garages and laundry room for additional cash flow. Owner's have invested to upgrade roof, exterior, 3 of 5 units have been redone within the last year. Priced at 12.23 GRM and a 5.1% Cap Rate on current rents with 11% upside for new owner.
Last Agent to Sell the Property
John Alden
Alden Pacific Investments, Inc. License #02114291 Listed on: 06/22/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 5,536 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 4 Car Garage
Home Design
- 4,012 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 11 Bedrooms
- 6 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 1
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,704
- Fuel Expense $717
- Insurance Expense $2,000
- Trash Expense $717
- Water Sewer Expense $1,568
- New Taxes Expense $14,450
- Operating Expense $21,156
- Gross Income $95,280
- Net Operating Income $58,957
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 22, 2025
Sold by
Adams Amin Family Trust and Adams Joerg Michael
Bought by
Grape Reed 1882 Llc
Current Estimated Value
Purchase Details
Listed on
Jun 22, 2018
Closed on
Jul 6, 2018
Sold by
Rebus Horizons Llc
Bought by
Adams Joerg
Seller's Agent
John Alden
Alden Pacific Investments, Inc.
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$11,650,000
Sold Price
$1,110,000
Premium/Discount to List
-$10,540,000
-90.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$705,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jun 22, 2018
Closed on
Jul 5, 2018
Sold by
Amin Puja Bhasker
Bought by
Adams Joerg
Seller's Agent
John Alden
Alden Pacific Investments, Inc.
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$11,650,000
Sold Price
$1,110,000
Premium/Discount to List
-$10,540,000
-90.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$705,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jun 10, 2016
Closed on
May 4, 2017
Sold by
Allana Ebrahim and Ramjan Anisa
Bought by
Rebus Horizons Llc
Seller's Agent
Jesse Elsanhuty
Jesse Elsanhuty, Broker
Buyer's Agent
John Alden
Alden Pacific Investments, Inc.
List Price
$925,000
Sold Price
$890,000
Premium/Discount to List
-$35,000
-3.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.85%
Original Mortgage
$578,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
May 10, 2013
Closed on
May 30, 2013
Sold by
Trinh Thomas and Lam Thao
Bought by
Allana Ebrahim and Ramjan Anisa
Seller's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
Buyer's Agent
Carol Rayburn
C-21 Astro
List Price
$589,000
Sold Price
$615,000
Premium/Discount to List
$26,000
4.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$461,250
Interest Rate
3.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 2011
Sold by
Tran Kevin Khuong
Bought by
Trinh Thomas and Lam Thao
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 26, 2010
Sold by
Nguyen Thanh Thuy
Bought by
Tran Kevin Khuong
Purchase Details
Closed on
Jul 16, 2010
Sold by
Nguyen Anthony
Bought by
Tran Kevin Khuong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.33%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2005
Sold by
Vo Cathy Chin
Bought by
Nguyen Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 21, 2005
Sold by
Dao Henry
Bought by
Nguyen Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 13, 2005
Sold by
Le Anh Lan
Bought by
Dao Henry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 5, 2005
Sold by
Bach Le Huong Thi and Bach Vu Qui
Bought by
Dao Henry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 22, 2003
Sold by
Le Huong Thi
Bought by
Bach Le Huong Thi and Bach Vu Qui
Purchase Details
Closed on
Sep 12, 2003
Sold by
Hud
Bought by
Le Huong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,244
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 21, 2003
Sold by
Homeside Lending Inc
Bought by
Hud
Purchase Details
Closed on
Oct 17, 2002
Sold by
Stratford Maria Olivia and Delacruz Alex
Bought by
Homeside Lending Inc
Purchase Details
Closed on
Aug 9, 2002
Sold by
Stratford Maria Olivia
Bought by
Naulls Clarnce
Purchase Details
Closed on
Aug 14, 2001
Sold by
Hernandez Maria
Bought by
Stratford Maria Olivia
Purchase Details
Closed on
Sep 14, 2000
Sold by
Stoval James R
Bought by
Stratford Maria Olivia and Delacruz Alex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,302
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 28, 2000
Sold by
Stratford Maria Olivia and Delacruz Alex
Bought by
Hernandez Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,302
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 18, 1997
Sold by
Stovall Cynthia
Bought by
Stovall James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.23%
Purchase Details
Closed on
Nov 17, 1997
Sold by
Small Commercial Properties Corp I
Bought by
Stoval James R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.23%
Purchase Details
Closed on
Sep 18, 1997
Sold by
Wilmington Trust Company
Bought by
Small Commercial Properties Corp I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.23%
Purchase Details
Closed on
Jan 9, 1997
Sold by
Katherin Bun Heang Ny and Katherin Phirum
Bought by
Wilmington Trust Company and Rtc Mtg Trust 1995-S/N4
Purchase Details
Closed on
Jan 12, 1994
Sold by
Ny Phirum Katherine
Bought by
Ny Bun Heang
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 |
|---|---|---|---|
| Grape Reed 1882 Llc | -- | None Listed On Document | |
| Adams Joerg | $1,110,000 | Ticor Title Company | |
| Adams Joerg | -- | Ticor Title Company | |
| Rebus Horizons Llc | $890,000 | Chicago Title Company | |
| Allana Ebrahim | $615,000 | Fidelity National Title Oran | |
| Trinh Thomas | $420,000 | Equity Title Company | |
| Tran Kevin Khuong | -- | Investors Title Company | |
| Tran Kevin Khuong | $350,000 | Investors Title Company | |
| Nguyen Anthony | -- | Diversified Title & Escrow S | |
| Nguyen Anthony | $760,000 | Diversified Title & Escrow S | |
| Dao Henry | -- | Landwood Title Company | |
| Dao Henry | $730,000 | Landwood Title Company | |
| Bach Le Huong Thi | -- | -- | |
| Le Huong | $504,500 | Fatcola | |
| Hud | $387,534 | First American Title Co | |
| Homeside Lending Inc | $387,534 | First American Title Ins Co | |
| Naulls Clarnce | -- | -- | |
| Stratford Maria Olivia | -- | -- | |
| Stratford Maria Olivia | $330,000 | United Title Company | |
| Hernandez Maria | $10,000 | -- | |
| Stovall James R | -- | Chicago Title Co | |
| Stoval James R | $162,500 | Chicago Title Co | |
| Small Commercial Properties Corp I | $139,000 | Chicago Title Co | |
| Wilmington Trust Company | $175,000 | Stewart Title | |
| Ny Bun Heang | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Adams Joerg | $705,250 | |
| Previous Owner | Rebus Horizons Llc | $578,500 | |
| Previous Owner | Allana Ebrahim | $461,250 | |
| Previous Owner | Trinh Thomas | $315,000 | |
| Previous Owner | Tran Kevin Khuong | $262,500 | |
| Previous Owner | Nguyen Anthony | $570,000 | |
| Previous Owner | Dao Henry | $359,650 | |
| Previous Owner | Le Huong | $403,244 | |
| Previous Owner | Stratford Maria Olivia | $327,302 | |
| Previous Owner | Stoval James R | $172,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2018 07/29/18 | Sold | $1,110,000 | -90.5% | $277 / Sq Ft | |
| 06/28/2018 06/28/18 | Pending | -- | -- | -- | |
| 06/22/2018 06/22/18 | For Sale | $11,650,000 | +1209.0% | $2,904 / Sq Ft | |
| 05/10/2017 05/10/17 | Sold | $890,000 | 0.0% | $222 / Sq Ft | View Prior Sale |
| 04/24/2017 04/24/17 | Off Market | $890,000 | -- | -- | |
| 02/23/2017 02/23/17 | Pending | -- | -- | -- | |
| 02/17/2017 02/17/17 | Price Changed | $890,000 | -3.8% | $222 / Sq Ft | |
| 06/10/2016 06/10/16 | For Sale | $925,000 | +50.4% | $231 / Sq Ft | |
| 07/15/2013 07/15/13 | Sold | $615,000 | +4.4% | $153 / Sq Ft | View Prior Sale |
| 05/28/2013 05/28/13 | Pending | -- | -- | -- | |
| 05/10/2013 05/10/13 | For Sale | $589,000 | +40.2% | $147 / Sq Ft | |
| 03/09/2012 03/09/12 | Sold | $420,000 | -9.7% | $105 / Sq Ft | View Prior Sale |
| 01/25/2012 01/25/12 | Pending | -- | -- | -- | |
| 12/07/2011 12/07/11 | For Sale | $465,000 | -- | $116 / 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 |
|---|---|---|---|---|
| 2025 | $16,131 | $1,238,221 | $446,205 | $792,016 |
| 2024 | $16,131 | $1,213,943 | $437,456 | $776,487 |
| 2023 | $15,857 | $1,190,141 | $428,879 | $761,262 |
| 2022 | $14,781 | $1,166,806 | $420,470 | $746,336 |
| 2021 | $14,479 | $1,143,928 | $412,226 | $731,702 |
| 2020 | $14,441 | $1,133,060 | $408,000 | $725,060 |
| 2019 | $14,273 | $1,110,860 | $400,000 | $710,860 |
| 2018 | $11,681 | $908,660 | $306,000 | $602,660 |
| 2016 | $8,011 | $636,852 | $207,106 | $429,746 |
| 2015 | $7,697 | $627,287 | $203,996 | $423,291 |
| 2014 | $7,657 | $615,000 | $200,000 | $415,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Anthony Walker
Buyer's Agent in 2018
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
92 Total Sales
-
J
Seller's Agent in 2017
Jesse Elsanhuty
Jesse Elsanhuty, Broker
-
Mark Bridge
Seller Co-Listing Agent in 2017
Mark Bridge
Mark Bridge, Broker
(949) 419-3200
52 Total Sales
-
Sean Stanfield
Seller's Agent in 2013
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
563 Total Sales
-
Carol Rayburn
Buyer's Agent in 2013
Carol Rayburn
C-21 Astro
(562) 577-7788
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18150381
APN: 7210-015-014
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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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