M
Seller's Agent in 2023
Mariko Meek
Vista Pacific Realty
(310) 305-8333
1 in this area
16 Total Sales
2030 Lemon Ave Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,142,000 - $1,321,000
7
Beds
5
Baths
3,458
Sq Ft
$363/Sq Ft
Est. Value
Highlights
- Paved or Partially Paved Lot
- Long Beach Polytechnic High School Rated A
- 3-minute walk to Martin Luther King Jr Park
About This Home
As of March 2023Fully leased 4 unit multi-family property located in a residential neighborhood in Long Beach.
Easy access to major streets and Freeway, conveniently located for employment center, shopping centers, restaurants, schools, college and most amenities. The property consists of 2 buildings. 1 building for 3-bedroom 2 bathroom unit has been newly remodeled with laminate wood floors. Another building for 3 units for 2 bedroom 1 bathroom unit, 1 bedroom 1 bath units x 2.
Perfect unit mix for all types of tenants. 4 car parking spaces between the 2 buildings. 1 parking space for each unit. Lots of room to increase the rents for potential cashflow growth. Close to LB city college and CSLBU. Subject to cancellation of current escrow.
Last Agent to Sell the Property
Vista Pacific Realty License #01778756 Listed on: 08/19/2022
Last Buyer's Agent
Huok Lo
Lifetime Realty Inc License #01368263
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 6,513 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
Home Design
- 3,458 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Carport
- Parking Available
- Paved Parking
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 7 / C
- Tax Tract Number 573
- Assessor Parcel Number 7210027009
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- Fuel Expense $1,000
- Insurance Expense $1,500
- Pest Control $1,521
- Trash Expense $1,000
- Water Sewer Expense $3,720
- Operating Expense $22,524
- Gross Income $81,420
- Net Operating Income $58,896
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2022
Closed on
Mar 17, 2023
Sold by
Kitano Kotona and Kitano Toru
Bought by
Bean Rasmey and Uch Sokint
Seller's Agent
Mariko Meek
Vista Pacific Realty
Buyer's Agent
Huok Lo
Lifetime Realty Inc
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Views
56
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
$154,718
Avg. Annual Appreciation
4.83%
Original Mortgage
$825,000
Outstanding Balance
$800,776
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$453,942
Purchase Details
Closed on
Oct 26, 2016
Sold by
Mcclary David H and Mcclary Sutasinee
Bought by
Kitano Kotona and Kitano Toru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
4.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 24, 2005
Sold by
Prebe Mark
Bought by
Mcclary David H and Mcclary Sutasinee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.69%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 4, 2005
Sold by
Prebe Mary Christan
Bought by
Prebe Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 6, 2005
Sold by
Estate Of Regina Flores
Bought by
Prebe Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.81%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 17, 1999
Sold by
Villalvazo Jose Maria
Bought by
Flores Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 16, 1999
Sold by
Mkt Community Development Corp
Bought by
Flores Regina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4.45%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 28, 1999
Sold by
Mosher Lillian Esther
Bought by
Mosher Bret P
Purchase Details
Closed on
Jul 22, 1999
Sold by
Weaver Mary
Bought by
Mosher Bret P
Purchase Details
Closed on
Dec 5, 1998
Sold by
Weaver Mary
Bought by
Fortson John C and Diggs Audie R
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 |
|---|---|---|---|
| Bean Rasmey | $1,100,000 | -- | |
| Kitano Kotona | $830,000 | Chicago Title Company | |
| Mcclary David H | $875,000 | First American Title Co | |
| Prebe Mark | -- | Southland Title | |
| Prebe Mark | $560,000 | Southland Title Company | |
| Flores Regina | -- | United Title Company | |
| Flores Regina | $310,000 | -- | |
| Mkt Community Development Corp | -- | United Title Company | |
| Mosher Bret P | -- | United Title Company | |
| Mosher Bret P | $155,019 | United Title Company | |
| Fortson John C | $2,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bean Rasmey | $825,000 | |
| Previous Owner | Kitano Kotona | $498,000 | |
| Previous Owner | Mcclary David H | $640,000 | |
| Previous Owner | Prebe Mark | $600,000 | |
| Previous Owner | Flores Regina | $279,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2023 03/23/23 | Sold | $1,100,000 | -7.9% | $318 / Sq Ft |
| 03/22/2023 03/22/23 | For Sale | $1,195,000 | 0.0% | $346 / Sq Ft |
| 01/20/2023 01/20/23 | Pending | -- | -- | -- |
| 12/06/2022 12/06/22 | Price Changed | $1,195,000 | -4.4% | $346 / Sq Ft |
| 08/31/2022 08/31/22 | Price Changed | $1,250,000 | -2.0% | $361 / Sq Ft |
| 08/29/2022 08/29/22 | Price Changed | $1,275,000 | -0.8% | $369 / Sq Ft |
| 08/19/2022 08/19/22 | For Sale | $1,285,000 | -- | $372 / 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 | $14,983 | $1,144,440 | $686,664 | $457,776 |
| 2024 | $14,983 | $1,122,000 | $673,200 | $448,800 |
| 2023 | $12,564 | $925,877 | $334,654 | $591,223 |
| 2022 | $11,806 | $907,724 | $328,093 | $579,631 |
| 2021 | $11,559 | $889,926 | $321,660 | $568,266 |
| 2020 | $11,529 | $880,802 | $318,362 | $562,440 |
| 2019 | $11,395 | $863,532 | $312,120 | $551,412 |
| 2018 | $11,017 | $846,600 | $306,000 | $540,600 |
| 2016 | $12,406 | $1,010,100 | $461,760 | $548,340 |
| 2015 | $11,910 | $994,928 | $454,824 | $540,104 |
| 2014 | $11,838 | $975,440 | $445,915 | $529,525 |
Source: Public Records
Agents Affiliated with this Home
-
Mariko Meek
-
H
Buyer's Agent in 2023
Huok Lo
Lifetime Realty Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22170923
APN: 7210-027-009
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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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