NOT LISTED FOR SALE

Estimated Value: $1,500,000 - $1,754,000

4 Beds
3 Baths
2,116 Sq Ft
$756/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,531,540 $724 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,654/month

41 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Neighborhood Views
  • Fremont Elementary School Rated A
  • Stone Countertops
  • Laundry Room

About This Home

As of July 2024

Set in the heart of the coveted Belmont Heights neighborhood in Long Beach, steps from the ocean and Bluff Park & mere minutes walking distance to trendy 4th street and 2nd street as well as sandy beaches, opportunity awaits. This is a rarely available Duplex situated on an oversized 6,501 square foot lot, considered an extra lot for the area; the front "Owners" Unit is a 1923 Spanish Bungalow that has been upgraded and well maintained. Stepping in from the drought-tolerant landscaped front yard and, past the mature strawberry tree & up to the covered porch, the interior is ready to greet you with original hardwood floors in the spacious open concept living/dining room with the decorative fireplace and large picture windows. At the back of the front bungalow is an oversized kitchen remodeled with quality custom cabinetry, solid stone countertops, and stainless steel appliances. The front unit has two oversized bedrooms and two full bathrooms; the bathroom in the center of the unit is full of the 1923 charm you'd expect from the original tile and built-ins. there is a long driveway accessible from Mira Mar and an alley behind where the garages sit. The front unit is approximately 1,384 square feet. The second unit was built above the garages, is approximately 732 square feet, and is filled with natural light, showing off its original hardwood floors and offering 2 bedrooms and 1 full bathroom. While the front unit is currently tenant-occupied (on a month-to-month agreement), the rear unit has recently been vacated and is freshly painted, ready to be re-rented by the new owner. There is a spacious landscaped yard in between both units. This property comes complete with five garage spaces. Each unit has included its own two-car garage with private laundry inside. The current owner has used a 5th single-car garage space for on-site storage. This amount of garages is a rare feature for duplex properties in the area.

This rare opportunity to purchase a "two on a lot" duplex in the heart of Belmont Heights doesn't come around often; consider owner occupying the front unit and renting out the back for supplemental income. Don't miss this opportunity to make this your own private home or add this to your real estate portfolio; the possibilities with a rare gem like this are endless.

Last Agent to Sell the Property

Laura Rose

eXp Realty of California Inc Brokerage Phone: 714-248-5216 License #01912781 Listed on: 04/04/2024

eXp Realty of California Inc

Last Buyer's Agent

David Goodwin

Fiv Realty Co License #01940769

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,581

Year Built

  • Built in 1923

Lot Details

  • 6,501 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Garden
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Bungalow

Interior Spaces

  • 2,116 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Neighborhood Views
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 12 / L
  • Assessor Parcel Number 7256008080
  • $528 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Belmont Heights Subdivision

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • Fuel Expense $767
  • Insurance Expense $1,246
  • Trash Expense $432
  • Water Sewer Expense $600
  • Operating Expense $3,046
  • Gross Income $34,800
  • Net Operating Income $31,754

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,581

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Inclusions: washers, dryers, kitchen appliances owned by owner
  • Price Per Unit: 775000
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LBR1N
  • Architectural Style: Bungalow, Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7256008080
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Stone Counters
  • Stories: 2
  • Entry Location: street
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Decorative
  • Price Per Square Foot: 723.79

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property, Standard
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 432.36
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1492
  • Latitude Manual: 33.76278200

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 1058 Square Feet
  • Fuel Expense: 767.00
  • Gross Income: 34800.00
  • Gross Scheduled Income: 34800.00
  • Gross Spendable Income: 34800.00
  • Insurance Expense: 1246.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6501.0000 Square Feet
  • Net Operating Income: 31754.00
  • Number Of Separate Electric Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 3046.00
  • Rent Control: Yes
  • Total Actual Rent: 2900.00
  • Total Expenses: 3046.00

Tax Info

  • Tax Block: L
  • Tax Census Tract: 5772.00
  • Tax Lot: 12
  • TaxOtherAnnualAssessmentAmount: 528.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Lintvedt Jon and Lintvedt Sherry
Bought by
Lintvedt Family Trust and Lintvedt
Current Estimated Value
$1,599,503

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jul 10, 2024
Sold by
2014 Belk Family Trust and Belk Iva A
Bought by
Lintvedt Jon and Lintvedt Sherry
Seller's Agent
Laura Rose
eXp Realty of California Inc
Buyer's Agent
David Goodwin
Fiv Realty Co
List Price
$1,600,000
Sold Price
$1,531,540
Premium/Discount to List
-$68,460
-4.28%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%
Original Mortgage
$450,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2014
Closed on
Apr 21, 2014
Sold by
Gregorian Fred O and Gregorian Myra Jeanette Aldana
Bought by
Belk Donald R and Belk Iva A
Seller's Agent
Joseph Baleto
Baleto Real Estate
Buyer's Agent
Jeff Anderson
eXp Realty of California Inc
List Price
$848,500
Sold Price
$875,000
Premium/Discount to List
$26,500
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Jan 18, 2011
Sold by
Gregorian Myra
Bought by
Gregorian Fred O and Gregorian Myra Jeanette Aldana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2010
Sold by
Boozier Susan L and The Clapp Family Trust
Bought by
Gregorian Myra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1997
Sold by
Clapp George E and Clapp Lora Jane
Bought by
Clapp George E and Clapp Lor Jane

Purchase Details

Closed on
Nov 9, 1997
Sold by
Clapp Lora J Tr Roy L Crotinger Trust
Bought by
Clapp Lora Jane
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lintvedt Family Trust -- None Listed On Document
Lintvedt Jon $1,532,000 First American Title Company
Belk Donald R $875,000 Fatcola Resale
Gregorian Fred O -- Accommodation
Gregorian Myra -- Orange Coast Title Company O
Gregorian Myra $675,000 Orange Coast Title Company
Clapp George E -- --
Clapp George E -- --
Clapp Lora Jane -- --
Clapp Lora Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lintvedt Jon $450,000
Previous Owner Gregorian Fred O $529,000
Previous Owner Gregorian Myra $533,850
Previous Owner Clapp George E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $1,531,540 -1.2% $724 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $1,550,000 -3.1% $733 / Sq Ft
04/04/2024 04/04/24 For Sale $1,600,000 +82.9% $756 / Sq Ft
04/30/2014 04/30/14 Sold $875,000 +3.1% $414 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $848,500 -- $401 / 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 $13,581 $1,531,000 $1,000,000 $531,000
2024 $13,581 $1,051,589 $721,091 $330,498
2023 $13,356 $1,030,970 $706,952 $324,018
2022 $12,534 $1,010,756 $693,091 $317,665
2021 $12,291 $990,938 $679,501 $311,437
2020 $12,260 $980,778 $672,534 $308,244
2019 $12,117 $961,548 $659,348 $302,200
2018 $11,754 $942,695 $646,420 $296,275
2016 $10,812 $906,091 $621,320 $284,771
2015 $10,372 $892,482 $611,988 $280,494
2014 $8,287 $705,457 $522,561 $182,896
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24067179

California Regional Multiple Listing Service (CRMLS)

APN: 7256-008-080