NOT LISTED FOR SALE

204 Corona Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,290,777 - $1,642,000

4 Beds
4 Baths
1,533 Sq Ft
$959/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $695,000 $453 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $8,600/month

18 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Laundry Room
  • Lowell Elementary School Rated A-
  • No HOA
  • Wall Furnace

About This Home

As of October 2014

Four great studio apartments smack in the middle of Belmont Shore. Close to everything...beaches, Alamitos Bay,
shops, stores, restauants. Three units have hardwood floors, the fourth has hardwood under carpet. Each unit has decent-sized separate kitchens, bathrooms with tub/showers, and all have Murphy beds. On-site laundry with coin-operated washer and dryer, new master water heater. Separate gas and electric meters. Roof believed to be less than 10 years old.

Last Agent to Sell the Property

Earl Mehl

Belmont Shore Land Co. License #00613956 Listed on: 07/16/2014

Co-Listed By

Tyler Mehl

Belmont Shore Land Co. License #01870741

Last Buyer's Agent

Danny Sanchez

Grason Homes License #01323813

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,837

Year Built

  • Built in 1949

Lot Details

  • 2,405 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,533 Sq Ft Home
  • Wood Flooring
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • All Bedrooms Down
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 7231
  • Assessor Parcel Number 7249026011

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,145
  • Net Operating Income $24,531

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,837

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Shore (BSD)
  • Property Type: Residential Income
  • Parcel Number: 7249026011
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 453.36
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2405.00
  • Lot Size Acres: 0.0550

Multi Family

  • Average Studio Area: 400
  • Gross Income: 3145.00
  • Gross Scheduled Income: 37740.00
  • Lot Size Area: 2405.0000 Square Feet
  • Net Operating Income: 24531.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 1
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 13209.00
  • Operating Expense Percent: 35.00
  • Rent Control: No

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 7231
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Hyun John
Bought by
Hyun Family Trust and Hyun
Current Estimated Value
$1,470,444

Purchase Details

Closed on
Jan 24, 2020
Sold by
Hyun John and Hyun Hymee
Bought by
Hyun John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2014
Closed on
Aug 6, 2014
Sold by
Hernandez Cherie Edwards
Bought by
Hyun John
Seller's Agent
Earl Mehl
Belmont Shore Land Co.
Buyer's Agent
Danny Sanchez
Grason Homes
List Price
$700,000
Sold Price
$695,000
Premium/Discount to List
-$5,000
-0.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$687,000
Interest Rate
4.07%
Mortgage Type
VA

Purchase Details

Closed on
Feb 10, 2006
Sold by
Hernandez Cherie Edwards
Bought by
Hernandez Cherie Edwards and Cherie Edwards Hernandez Separate Proper

Purchase Details

Closed on
Jun 17, 1999
Sold by
Hernandez Gilbert D
Bought by
Hernandez Gilbert D and Hernandez Cherie Edwards

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
7.05%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 21, 1999
Sold by
Edwards John A
Bought by
Hernandez Gilbert D and Hernandez Cherie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.87%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Edwards Kenneth A
Bought by
Hernandez Gilbert D and Hernandez Cherie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.87%
Source: Public Records

Range of Values:

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Average Value
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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
Hyun Family Trust -- None Listed On Document
Hyun John -- Landwood Title Company
Hyun John $695,000 North American Title Company
Hernandez Cherie Edwards -- None Available
Hernandez Cherie Edwards -- None Available
Hernandez Gilbert D -- First American Title Co
Hernandez Gilbert D -- First American
Hernandez Gilbert D $105,000 First American Title Co
Edwards Kenneth A -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyun John $645,000
Previous Owner Hyun John $687,000
Previous Owner Hernandez Gilbert D $30,000
Previous Owner Hernandez Gilbert D $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2014 10/01/14 Sold $695,000 -0.7% $453 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $700,000 -- $457 / 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 $10,837 $835,276 $600,920 $234,356
2024 $10,837 $818,899 $589,138 $229,761
2023 $10,649 $802,843 $577,587 $225,256
2022 $9,995 $787,102 $566,262 $220,840
2021 $9,794 $771,669 $555,159 $216,510
2020 $9,769 $764,237 $549,467 $214,770
2019 $9,654 $749,263 $538,694 $210,569
2018 $9,410 $734,582 $528,132 $206,450
2016 $8,669 $705,598 $507,625 $197,973
2015 $8,372 $695,000 $500,000 $195,000
2014 $4,538 $352,958 $263,442 $89,516
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Earl Mehl

    Belmont Shore Land Co.

    (562) 438-6532

    Earl Mehl
    Section Image

  • T

    Seller Co-Listing Agent in 2014

    Tyler Mehl

    Belmont Shore Land Co.

  • D

    Buyer's Agent in 2014

    Danny Sanchez

    Grason Homes

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14150488

California Regional Multiple Listing Service (CRMLS)

APN: 7249-026-011

California Los Angeles County Long Beach 90803 Belmont Shore

204 Corona Ave, Long Beach, CA

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