NOT LISTED FOR SALE

1983 Lime Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $724,611 - $1,147,000

6 Beds
4 Baths
2,356 Sq Ft
$406/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $600,000 $255 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,982/month

6 Days on Market

About This Home

As of May 2021

Four units ready to collect rent, Good neighborhood, Live in one rent the others, owner occupied or investor.

Last Agent to Sell the Property

CARMEN SMILEY

HOMES & LAND OF CALIFORNIA License #00939472 Listed on: 01/19/2021

Last Buyer's Agent

CARMEN SMILEY

HOMES & LAND OF CALIFORNIA License #00939472 Listed on: 01/19/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 6,600 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,356 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Listing and Financial Details

  • Legal Lot and Block 4 / E
  • Tax Tract Number 5500
  • Assessor Parcel Number 7210009004

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • North Long Beach Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $250
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,500
  • Operating Expense $11,050
  • Gross Income $89,000
  • Net Operating Income $75,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7210009004
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 254.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6600.00
  • Lot Size Acres: 0.1515

Multi Family

  • Electric Expense: 250.00
  • Gross Income: 89000.00
  • Gross Scheduled Income: 87000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6600.0000 Square Feet
  • Net Operating Income: 75950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 11050.00
  • Rent Control: No
  • Total Expenses: 11050.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Block: E
  • Tax Census Tract: 5732.02
  • Tax Lot: 4
  • Tax Tract Number: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2007
Sold by
Rojas Bacilio
Bought by
Rojas Bacilio and Camacho Juan
Current Estimated Value
$955,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$341,325
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$614,578

Purchase Details

Closed on
Jul 30, 2007
Sold by
Camacho Juan and Ramos Lucila
Bought by
Rojas Bacilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$341,325
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$614,578

Purchase Details

Closed on
Jul 25, 2003
Sold by
Camacho Juan and Rojas Bacilio
Bought by
Camacho Juan and Ramos Lucila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,945
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2001
Sold by
Molina Beatriz
Bought by
Camacho Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2001
Sold by
West Angeles Community Development Corp
Bought by
Camacho Juan and Rojas Bacilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,983
Interest Rate
6.9%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2000
Sold by
Hud
Bought by
West Angeles Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,700
Interest Rate
7.86%

Purchase Details

Closed on
Aug 23, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Mar 21, 2000
Sold by
Bravo Juan A
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Dec 15, 1997
Sold by
Saldana Rebecca
Bought by
Bravo Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,972
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Saldana Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.58%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Spellens Philip C and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb

Purchase Details

Closed on
Apr 26, 1996
Sold by
Mataele Joe S
Bought by
Abram Remedios and Mataele Joe S

Purchase Details

Closed on
Mar 22, 1996
Sold by
Mataele Joe S
Bought by
Jc Kings & Associate

Purchase Details

Closed on
Sep 11, 1995
Sold by
Mataele Joe S
Bought by
Sekona Feteleni K and Mataele Joe S

Purchase Details

Closed on
Apr 17, 1995
Sold by
Spellens Philip C
Bought by
Fifita Oloka and Mataele Joe S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rojas Bacilio -- Old Republic Title
Rojas Bacilio -- Old Republic Title
Camacho Juan -- Ticor Title Company
Camacho Juan -- Ticor Title Company
Camacho Juan -- Investors Title Company
Camacho Juan $260,000 Investors Title Company
West Angeles Community Development Corp $144,000 Benefit Land Title Company
Hud $222,003 --
Homeside Lending Inc $222,003 Fidelity National Title
Bravo Juan A $215,000 Fidelity National Title Ins
Saldana Rebecca $96,000 Investors Title Company
Home Svgs Of America Fsb $108,000 Investors Title
Abram Remedios -- --
Jc Kings & Associate -- --
Sekona Feteleni K -- --
Fifita Oloka $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rojas Bacilio $415,000
Closed Camacho Juan $266,945
Closed Camacho Juan $255,983
Previous Owner West Angeles Community Development Corp $112,700
Previous Owner Bravo Juan A $207,972
Previous Owner Saldana Rebecca $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2021 05/06/21 Sold $600,000 0.0% $255 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $600,000 0.0% $255 / Sq Ft
01/20/2021 01/20/21 Off Market $600,000 -- --
01/19/2021 01/19/21 For Sale $600,000 -- $255 / 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 $11,861 $865,945 $541,216 $324,729
2024 $11,357 $848,966 $530,604 $318,362
2023 $11,163 $832,320 $520,200 $312,120
2022 $10,486 $816,000 $510,000 $306,000
2021 $9,171 $707,571 $307,145 $400,426
2020 $9,147 $700,317 $303,996 $396,321
2019 $9,041 $686,586 $298,036 $388,550
2018 $8,751 $673,125 $292,193 $380,932
2016 $8,056 $646,989 $280,848 $366,141
2015 $7,738 $637,272 $276,630 $360,642
2014 $7,697 $624,790 $271,212 $353,578
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CARMEN SMILEY

    HOMES & LAND OF CALIFORNIA

    (714) 404-4044

    1 in this area

    14 Total Sales

    CARMEN SMILEY
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21012365

California Regional Multiple Listing Service (CRMLS)

APN: 7210-009-004

California Los Angeles County Long Beach 90806 Sunrise

1983 Lime Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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