NOT LISTED FOR SALE

2053 Chestnut Ave Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $633,246 - $1,036,000

4 Beds
3 Baths
2,054 Sq Ft
$394/Sq Ft Est. Value

Last Sold June 12, 2014

Last sale price $334,000 $163 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,702/month

164 Days on Market

About This Home

As of June 2014

This is a nice Triplex Property in a great location.

Last Agent to Sell the Property

Bernard Villapudua

Villa Properties Realty License #01302832 Listed on: 01/09/2014

Last Buyer's Agent

Hernan Orozco Yances

Realty One Group West License #01923365

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,885 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • 2,054 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 6
  • Tax Tract Number 10267
  • Assessor Parcel Number 7209030019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $2,997
  • Gross Income $3,000
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 7209030019
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 162.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 5885.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5885.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2997.00
  • Taxes Percent: 1.12
  • Tax Lot: 6
  • Tax Tract Number: 10267
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2025
Sold by
Stearns Garrett Palmer
Bought by
Garrett P Stearns Family Trust and Stearns
Current Estimated Value
$810,062

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 14, 2014
Sold by
Uribe Bernabe G
Bought by
Orellana Francisco A and Orellana Blanca Olinda
Seller's Agent
Bernard Villapudua
Villa Properties Realty
Buyer's Agent
Hernan Orozco Yances
Realty One Group West
List Price
$320,000
Sold Price
$334,000
Premium/Discount to List
$14,000
4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$250,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2014
Closed on
May 12, 2014
Sold by
Arellana Francisco A and Orellana Blanca Olinda
Bought by
Stearns Garrett Palmer
Seller's Agent
Bernard Villapudua
Villa Properties Realty
Buyer's Agent
Hernan Orozco Yances
Realty One Group West
List Price
$320,000
Sold Price
$334,000
Premium/Discount to List
$14,000
4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,500
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2013
Sold by
Uribe Bernabe G and Bian Yong
Bought by
Orellana Francisco A and Orellana Blanca Olinda

Purchase Details

Closed on
May 15, 2011
Sold by
Orellana Francisco A and Orellana Blanca Olinda
Bought by
Uribe Bernabe G and Bian Yong

Purchase Details

Closed on
Nov 25, 1996
Sold by
Avila Orlando and Avila Armiriam
Bought by
Orellana Francisco A and Orellana Blanca Olinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,580
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 7, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Avila Orlando and Avila Armiriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,580
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1996
Sold by
Levy Michael R and Israel Albert S
Bought by
Home Svgs Of America Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garrett P Stearns Family Trust -- None Listed On Document
Orellana Francisco A -- Chicago Title Company
Stearns Garrett Palmer $334,000 Chicago Title Company
Orellana Francisco A -- None Available
Uribe Bernabe G -- None Available
Orellana Francisco A $160,000 Old Republic Title Company
Avila Orlando $107,000 Investors Title Company
Home Svgs Of America Fsb $135,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stearns Garrett Palmer $250,500
Previous Owner Orellana Francisco A $156,580
Previous Owner Avila Orlando $85,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2014 06/12/14 Sold $334,000 +4.4% $163 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
09/02/2013 09/02/13 For Sale $320,000 -- $156 / 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 $5,640 $409,427 $245,166 $164,261
2024 $5,640 $401,400 $240,359 $161,041
2023 $5,542 $393,531 $235,647 $157,884
2022 $5,215 $385,816 $231,027 $154,789
2021 $5,101 $378,252 $226,498 $151,754
2020 $5,087 $374,694 $224,176 $150,518
2019 $5,029 $367,354 $219,781 $147,573
2018 $4,837 $360,158 $215,472 $144,686
2016 $4,450 $345,867 $207,106 $138,761
2015 $4,278 $340,673 $203,996 $136,677
2014 $3,093 $231,205 $143,264 $87,941
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bernard Villapudua

    Villa Properties Realty

    Section Image

  • H

    Buyer's Agent in 2014

    Hernan Orozco Yances

    Realty One Group West

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13178143

California Regional Multiple Listing Service (CRMLS)

APN: 7209-030-019

California Los Angeles County Long Beach 90806 South Wrigley

2053 Chestnut Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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