D
Seller's Agent in 2022
David Harrington
Matthews Real Estate Investment Services
2024 Lemon Avenue presents an opportunity for a purchaser to follow the lead of the long-term ownership in a value-add apartment complex located in the "Poly High" neighborhood of Long Beach. As consistent management, renovations, and turnover has provided a steady increase in income - and the property currently features a rent-ready vacancy - a new investor can follow this strategy to continue adding value, raise revenue and improve operating efficiency.|6 Units Across 2 Structures - Built In 1922 - All 1 Bedroom + 1 Bathroom Units - 2,016 Gross Square Feet - Individually Metered for Electricity & Gas - Parking Lot In Rear - 5 Parking Spaces - Gated Access To Property - Corner Units (A, C, D, F) Remodeled in 2018-19 - 6,514 Square Foot Lot - LBR1N Zoning - One Vacancy As of 8/1/22.
Last Agent to Sell the Property
David Harrington
Matthews Real Estate Investment Services License #01320460 Listed on: 06/06/2022
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/21/2022 09/21/22 | Sold | $1,275,000 | 0.0% | $632 / Sq Ft | |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- | |
| 06/06/2022 06/06/22 | For Sale | $1,275,000 | +218.8% | $632 / Sq Ft | |
| 12/14/2012 12/14/12 | Sold | $400,000 | -2.2% | $198 / Sq Ft | View Prior Sale |
| 09/24/2012 09/24/12 | Pending | -- | -- | -- | |
| 07/10/2012 07/10/12 | For Sale | $409,000 | -- | $203 / Sq Ft |
| 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 | $16,956 | $1,326,510 | $832,320 | $494,190 |
| 2024 | $16,956 | $1,300,500 | $816,000 | $484,500 |
| 2023 | $16,670 | $1,275,000 | $800,000 | $475,000 |
| 2022 | $6,276 | $462,054 | $231,027 | $231,027 |
| 2021 | $6,140 | $452,996 | $226,498 | $226,498 |
| 2019 | $6,054 | $439,842 | $219,781 | $220,061 |
| 2018 | $5,822 | $431,224 | $215,472 | $215,752 |
| 2017 | $5,760 | $422,496 | $211,248 | $211,248 |
| 2016 | $5,364 | $414,212 | $207,106 | $207,106 |
| 2015 | $5,157 | $407,992 | $203,996 | $203,996 |
| 2014 | $5,154 | $400,000 | $200,000 | $200,000 |
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Seller's Agent in 2022
David Harrington
Matthews Real Estate Investment Services
M
Buyer's Agent in 2022
Marissa Mashburn
Marissa G. Mashburn, Broker
(562) 397-3192
1 in this area
3 Total Sales
V
Seller's Agent in 2012
Vincent Cervantes
Freedom Homes
(562) 732-4640
2 in this area
11 Total Sales
Buyer's Agent in 2012
Karen Anderson
Keller Williams Luxury
(310) 251-2883
197 Total Sales
Source: The MLS
MLS Number: 22-164893
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