Seller's Agent in 2024
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
4 in this area
52 Total Sales
2024 E Florida St Long Beach, CA 90814
North Alamitos Beach NeighborhoodEstimated Value: $1,530,000 - $1,610,000
9
Beds
5
Baths
4,317
Sq Ft
$360/Sq Ft
Est. Value
Highlights
- 0.15 Acre Lot
- Woodrow Wilson High School Rated A
- Rectangular Lot
About This Home
As of December 2024Great Investment Opportunity! Statewide Fourplex in great Alamitos Beach Neighborhood, just a block from 4th Street Retro Row, and walking distance to the Beach. The subject property consists of a 4 unit apartment building, approx. 4,317 square feet, comprised of (1) 3bd/2bth unit, and (3) 2bd/1bth units, and 4 single car garages. Built in 1968, this all electric building is separately metered, and offers investors substantial upside in the rental income, and opportunity to convert the garages to an ADU. Don't miss this great investment property!
Last Agent to Sell the Property
Pabst, Kinney & Associates Brokerage Phone: 562-884-6875 License #01849377 Listed on: 10/25/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 6,502 Sq Ft Lot
- Two or More Common Walls
- Rectangular Lot
Parking
- 2 Open Parking Spaces
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,317 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Legal Lot and Block 4 / 2
- Tax Tract Number 5768
- Assessor Parcel Number 7263005006
- Seller Considering Concessions
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Gross Income $8,005
- Net Operating Income $96,060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Nov 19, 2024
Sold by
Pabst Family 2023 Llc
Bought by
Bunnett Trust and Bunnett
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
John Bunnett
John Bunnett, Broker
List Price
$1,549,000
Sold Price
$1,490,000
Premium/Discount to List
-$59,000
-3.81%
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,547
Avg. Annual Appreciation
4.16%
Purchase Details
Closed on
Dec 19, 2023
Sold by
Pabst Family Trust
Bought by
Pabst Family 2023 Llc
Purchase Details
Closed on
Nov 18, 2016
Sold by
Pabst Kristie M
Bought by
Pabst Kristie M and Survivors Trust Created Under The Pabst
Purchase Details
Closed on
May 6, 2011
Sold by
Pabst George H and Pabst Kristie M Kinney
Bought by
Pabst George H and Pabst Kristie Kinney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
4.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2001
Sold by
Pabst George H and Pabst Kristie Kinney
Bought by
Pabst George H
Purchase Details
Closed on
Mar 29, 2001
Sold by
Caldeira Tracy and Estate Of Alice M Chambers
Bought by
Pabst George H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,600
Interest Rate
7.19%
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 |
|---|---|---|---|
| Bunnett Trust | $1,490,000 | Fidelity National Title | |
| Bunnett Trust | $1,490,000 | Fidelity National Title | |
| Pabst Family 2023 Llc | -- | None Listed On Document | |
| Pabst Kristie M | -- | Accommodation | |
| Pabst George H | -- | Fidelity National Title Co | |
| Pabst George H | -- | Fidelity National Title Co | |
| Pabst George H | -- | -- | |
| Pabst George H | $387,500 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Pabst George H | $262,000 | |
| Previous Owner | Pabst George H | $290,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2024 12/13/24 | Sold | $1,490,000 | -3.8% | $345 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $1,549,000 | -- | $359 / 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 | $8,100 | $1,490,000 | $900,000 | $590,000 |
| 2024 | $8,100 | $572,435 | $276,984 | $295,451 |
| 2023 | $7,962 | $561,211 | $271,553 | $289,658 |
| 2022 | $7,495 | $550,208 | $266,229 | $283,979 |
| 2021 | $7,323 | $539,420 | $261,009 | $278,411 |
| 2019 | $7,219 | $523,422 | $253,268 | $270,154 |
| 2018 | $6,933 | $513,159 | $248,302 | $264,857 |
| 2016 | $6,362 | $493,234 | $238,661 | $254,573 |
| 2015 | $6,117 | $485,827 | $235,077 | $250,750 |
| 2014 | $6,092 | $476,312 | $230,473 | $245,839 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Pabst
-
John Bunnett
J
Buyer's Agent in 2024
John Bunnett
John Bunnett, Broker
(714) 580-5625
1 in this area
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24221221
APN: 7263-005-006
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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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