NOT LISTED FOR SALE

2051 Olive Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $529,000 - $675,331

2 Beds
1 Bath
969 Sq Ft
$606/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $525,000 $542 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,710/month

31 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Cooling Available
  • Level Lot

About This Home

As of July 2024

FAMILY TRUST AUCTION!!! RARE OPPORTUNITY TO BUY A 2 BEDROOM, 1 BATH FIXER HOME ON A GENEROUSLY SIZED LOT, WITH A DETACHED GUEST UNIT IN LONG BEACH. THE FRONT HOME FEATURES A LIVING ROOM, DINING AREA AND KITCHEN. EXTERIOR WASHER HOOKUP. DETACHED 1 CAR GARAGE AND BONUS UNIT. BUYER TO VERIFY ALL PERMITS.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. Brokerage Email: l.weiner@flansweiner.com License #00945753 Listed on: 05/03/2024

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,101

Year Built

  • Built in 1922

Lot Details

  • 6,506 Sq Ft Lot
  • Level Lot
  • Property is zoned LBR1N

Parking

  • 1 Car Garage

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Poly High Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 7210007014

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,101

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Zoning: LBR1N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7210007014
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 969.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 541.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6506.00
  • Lot Size Acres: 0.1494
  • Latitude Manual: 33.79446200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6506.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jul 16, 2024
Sold by
Dave Family Trust and Jones Vanita
Bought by
Nguyen Dominic and Nguyen Jessica
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$395,000
Sold Price
$525,000
Premium/Discount to List
$130,000
32.91%
Views
560
Current Estimated Value
$587,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,583
Avg. Annual Appreciation
10.99%
Original Mortgage
$393,750
Outstanding Balance
$389,743
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$197,840

Purchase Details

Closed on
May 2, 2006
Sold by
Dave Saundra L
Bought by
Dave Saundra L and The Dave Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nguyen Dominic $525,000 Lawyers Title
Dave Saundra L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Dominic $393,750
Previous Owner Dave Raymond $126,000
Previous Owner Dave Raymond $110,000
Previous Owner Dave Raymond $24,341
Previous Owner Dave Raymond $23,653
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $525,000 +32.9% $542 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $395,000 -- $408 / 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 $6,101 $525,000 $446,700 $78,300
2024 $6,101 $457,358 $323,498 $133,860
2023 $5,999 $448,391 $317,155 $131,236
2022 $5,637 $439,600 $310,937 $128,663
2021 $5,527 $430,982 $304,841 $126,141
2020 $2,021 $135,613 $79,983 $55,630
2019 $2,249 $132,955 $78,415 $54,540
2018 $2,096 $130,349 $76,878 $53,471
2016 $1,955 $125,290 $73,894 $51,396
2015 $1,875 $123,409 $72,785 $50,624
2014 $1,868 $120,993 $71,360 $49,633
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Larry Weiner

    Flans & Weiner, Inc.

    (818) 501-4888

    1 in this area

    281 Total Sales

    Larry Weiner
    Section Image

  • N

    Buyer's Agent in 2024

    NoEmail NoEmail

    None MRML

    (646) 541-2551

    4 in this area

    5,819 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24089007

California Regional Multiple Listing Service (CRMLS)

APN: 7210-007-014

California Los Angeles County Long Beach 90806 Sunrise

2051 Olive Ave, Long Beach, CA

This home is located at 2051 Olive Ave, Long Beach, CA 90806 since 03 May 2024 and is currently estimated at $587,583, approximately $606 per square foot. This property was built in 1922. 2051 Olive Ave is a home located in Los Angeles County with nearby schools including Bobbie Smith Elementary, Nelson Academy, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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