NOT LISTED FOR SALE

Estimated Value: $406,000 - $844,000

5 Beds
5 Baths
7,984 Sq Ft
$78/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $1,550,000 $194 Per Sq Ft

Current estimated payment $3,613/month

58 Days on Market

Highlights

  • Fishing
  • 0.11 Acre Lot
  • Bike Trail
  • Long Beach Polytechnic High School Rated A
  • Floor Furnace

About This Home

As of November 2023

This two story building has pride of ownership written allover it with a total of 7,984 sq ft. features an award winning Honduras Restaurant and 5 residential units on the second floor in the beautiful and thriving downtown area of Long Beach. Walking distance to bike trails and the gorgeous beach this mixed use building is centrally located three Blocks from the ocean and has convenient FWY accessibility and bike trails which allows you to have nature at your finger tips.

Last Agent to Sell the Property

Susana Guevara

Ambiance Realty License #01814430 Listed on: 04/08/2023

Last Buyer's Agent

Nadean Carlstrom

Coldwell Banker Envision License #01049079

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,707 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 7,984 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Floor Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / E
  • Assessor Parcel Number 7266026007
  • $1,531 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 6 Units
  • Alamitos Beach Subdivision

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $600
  • Fuel Expense $50
  • Insurance Expense $1,000
  • Professional Management Expense $1,000
  • Trash Expense $100
  • Water Sewer Expense $680
  • Operating Expense $2,640
  • Gross Income $105,600
  • Net Operating Income $6,160

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Professional Management Expense: 1000.00
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 680.00
  • Zoning: LBCNR
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7266026007
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 194.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Dog Park, Fishing, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 4707.00
  • Lot Size Acres: 0.1081

Multi Family

  • Electric Expense: 600.00
  • Fuel Expense: 50.00
  • Gross Income: 105600.00
  • Gross Scheduled Income: 8800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4707.0000 Square Feet
  • Net Operating Income: 6160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 6
  • Operating Expense: 2640.00
  • Rent Control: Yes
  • Total Expenses: 2640.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 5765.03
  • Tax Lot: 8
  • Tax Tract Number: 000
  • TaxOtherAnnualAssessmentAmount: 1531.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2025
Sold by
Suzanne Marie Manhart Trust and Manhart Suzanne Marie
Bought by
Boyce Jeffrey and Oday Jennifer
Current Estimated Value
$625,000

Purchase Details

Closed on
Aug 8, 2019
Sold by
Ellis Harold T and Ellis Harold
Bought by
Ellis Pamela R

Purchase Details

Closed on
May 14, 2012
Sold by
Manhart Suzanne Marie
Bought by
Manhart Suzanne Marie and The Suzanne Marie Manhart Trust

Purchase Details

Closed on
Feb 15, 2005
Sold by
Stefani Nancy J
Bought by
Manhart Suzanne Marie

Purchase Details

Closed on
Aug 27, 2002
Sold by
Gomez Fanny D
Bought by
Stefani Nancy J and Stefani Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
6.24%

Purchase Details

Closed on
Apr 2, 2001
Sold by
Bank Of New York
Bought by
Gomez Fanny D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.98%

Purchase Details

Closed on
Jan 28, 2001
Sold by
Owens Gregory A
Bought by
Metropolitan Asset Funding Inc Ii Mtg Pa

Purchase Details

Closed on
Dec 16, 1997
Sold by
Olson Julia M Cronhite
Bought by
Olson Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 23, 1997
Sold by
Olsxon Paul R
Bought by
Owens Gregory A and Owens Stacy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.23%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 30, 1997
Sold by
Marcus Lyn M
Bought by
Olson Paul
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

Date Buyer Sale Price Title Company
Boyce Jeffrey $375,000 Old Republic Title
Ellis Pamela R -- None Available
Manhart Suzanne Marie -- None Available
Manhart Suzanne Marie $210,000 Old Republic Title
Stefani Nancy J $168,500 North American Title Co
Gomez Fanny D $45,000 Fidelity Title
Metropolitan Asset Funding Inc Ii Mtg Pa $37,929 Fidelity National Title
Olson Paul R -- --
Owens Gregory A $60,000 --
Olson Paul $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stefani Nancy J $134,800
Previous Owner Gomez Fanny D $45,000
Previous Owner Owens Gregory A $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $1,550,000 -17.6% $194 / Sq Ft
10/19/2023 10/19/23 Price Changed $1,880,000 0.0% $235 / Sq Ft
10/19/2023 10/19/23 For Sale $1,880,000 -90.0% $235 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $18,880,000 -- $2,365 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,137 $305,000 $254,100 $50,900
2024 $4,137 $305,000 $254,100 $50,900
2023 $4,140 $305,000 $254,100 $50,900
2022 $3,844 $295,000 $245,800 $49,200
2021 $3,483 $265,000 $220,800 $44,200
2019 $3,288 $245,000 $204,100 $40,900
2018 $2,799 $215,000 $179,100 $35,900
2016 $2,394 $190,000 $158,300 $31,700
2015 $2,132 $172,270 $143,500 $28,770
2014 $1,718 $134,050 $111,700 $22,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23058424

California Regional Multiple Listing Service (CRMLS)

APN: 7266-026-014