NOT LISTED FOR SALE

2100 Pine Ave Long Beach, CA 90806

Southeast Wrigley Neighborhood

Estimated Value: $853,133 - $941,000

4 Beds
4 Baths
2,028 Sq Ft
$450/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $870,000 $429 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,344/month

83 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • Long Beach Polytechnic High School Rated A

About This Home

As of August 2024

Introducing a prime investment opportunity in Long Beach. This fourplex boasts four well-maintained 1-bed, 1-bath units, complemented by only 2 one car garage for 2 of the units. These two units also have a 1 car designated parking space and a convenient operated laundry facility. Currently housing long-term tenants, this is an ideal prospect for both new and seasoned investors. The seller has diligently maintained the property. Don’t miss out on this investment with a solid rental history!

Last Agent to Sell the Property

Jose Sanchez Rosales

Downtown, REALTORS Brokerage Phone: 562-552-6329 License #01930267 Listed on: 03/12/2024

Last Buyer's Agent

Alberto Aguilera

Downtown, REALTORS License #02157056

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,134 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Quadruplex
  • Entry on the 4th floor

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 6 / B
  • Assessor Parcel Number 7205030018
  • $728 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Signal Hill Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,300
  • Operating Expense $3,700
  • Gross Income $3,893
  • Net Operating Income $42,616

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Signal Hill (SH)
  • Water Sewer Expenses: 1300.00
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7205030018
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 4
  • Levels: One
  • Price Per Square Foot: 428.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4134.00
  • Lot Size Acres: 0.0949

Multi Family

  • Gross Income: 3893.00
  • Gross Scheduled Income: 46716.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4134.0000 Square Feet
  • Net Operating Income: 42616.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 420.00
  • Rent Control: Yes
  • Total Expenses: 3700.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5730.02
  • Tax Lot: 6
  • TaxOtherAnnualAssessmentAmount: 728.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Aug 12, 2024
Sold by
Lepez Family Living Trust and Lepez Omar
Bought by
Aguilera Alberto
Seller's Agent
Jose Sanchez Rosales
Downtown, REALTORS
Buyer's Agent
Alberto Aguilera
Downtown, REALTORS
List Price
$889,000
Sold Price
$870,000
Premium/Discount to List
-$19,000
-2.14%
Views
73
Current Estimated Value
$911,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,783
Avg. Annual Appreciation
3.51%
Original Mortgage
$826,500
Outstanding Balance
$817,290
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$94,493

Purchase Details

Closed on
Jan 28, 2015
Sold by
Lepez Omar
Bought by
Lepez Family Living Trust

Purchase Details

Closed on
Mar 10, 2011
Sold by
Lepez Omar and Smith Carmen
Bought by
Lepez Omar and Lepez Carmen Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Smith Carmen and Harvey Elisa S
Bought by
Lepez Omar

Purchase Details

Closed on
Feb 6, 2007
Sold by
Smith Carmen and Harvey Elisa S
Bought by
Lepez Omar

Purchase Details

Closed on
May 7, 2004
Sold by
Delgado Victor G and Gonsales Ana L
Bought by
Smith Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.98%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 2001
Sold by
Lepez Omar
Bought by
Delgado Victor G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,751
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2000
Sold by
Hud
Bought by
Lepez Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,650
Interest Rate
8.12%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,650
Interest Rate
8.12%

Purchase Details

Closed on
Jun 24, 1999
Sold by
Atlas Aaron and Atlas William L
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Sep 2, 1997
Sold by
Jones Shaun
Bought by
Atlas Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,207
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1997
Sold by
Family Trust Storrs Wayne R And Nancy C Trs S
Bought by
Jones Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,244
Interest Rate
7.58%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aguilera Alberto $870,000 Pacific Coast Title
Lepez Family Living Trust -- None Available
Lepez Omar -- Stewart Title Of California
Lepez Omar -- None Available
Lepez Omar -- None Available
Smith Carmen $350,000 Stewart Title
Delgado Victor G $275,000 Stewart Title
Lepez Omar $162,500 Stewart Title
Hud -- Fidelity National Title Ins
Chase Manhattan Mtg Corp $182,759 --
Atlas Aaron $170,000 --
Jones Shaun $139,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aguilera Alberto $826,500
Previous Owner Lepez Omar $217,000
Previous Owner Smith Carmen $280,000
Previous Owner Delgado Victor G $270,751
Previous Owner Lepez Omar $129,650
Previous Owner Atlas Aaron $166,207
Previous Owner Jones Shaun $137,244
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $870,000 -2.1% $429 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
03/12/2024 03/12/24 For Sale $889,000 -- $438 / 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 $6,807 $870,000 $400,000 $470,000
2024 $6,807 $487,853 $278,773 $209,080
2023 $6,686 $478,288 $273,307 $204,981
2022 $6,287 $468,911 $267,949 $200,962
2021 $6,150 $459,718 $262,696 $197,022
2019 $6,062 $446,664 $254,905 $191,759
2018 $5,872 $437,918 $249,907 $188,011
2016 $5,408 $420,356 $240,203 $180,153
2015 $5,198 $414,042 $236,595 $177,447
2014 -- $350,000 $210,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jose Sanchez Rosales

    Downtown, REALTORS

    (562) 552-6329

    1 in this area

    26 Total Sales

    Jose Sanchez Rosales
    Section Image

  • A

    Buyer's Agent in 2024

    Alberto Aguilera

    Downtown, REALTORS

    (818) 276-7034

    1 in this area

    4 Total Sales

    Alberto Aguilera
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24050201

California Regional Multiple Listing Service (CRMLS)

APN: 7205-030-018

California Los Angeles County Long Beach 90806 Southeast Wrigley

2100 Pine Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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