NOT LISTED FOR SALE

2142 Earl Ave Long Beach, CA 90806

Southeast Wrigley Neighborhood

Estimated Value: $859,000 - $990,757

4 Beds
2 Baths
2,144 Sq Ft
$422/Sq Ft Est. Value

Last Sold August 09, 2023

Last sale price $790,000 $368 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,775/month

28 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • Back Yard
  • Long Beach Polytechnic High School Rated A

About This Home

As of August 2023

Price Reduced $52,000!Charming Spanish Style Duplex in Wrigley Neighborhood. The property features two identical spacious 2bd/1bth units, over 1,000 SF each, on a large 6,260 SF lot with large shared backyard, and double car garage divided into 2 single cars with storage. The units feature beautiful hardwood floors, large living room, formal dining room, spacious bathroom and large bedrooms. Tenants pay most of their own utilities - electricity, gas and trash, Owner pays for the water. Lots of upside potential as rents are below market, and there is the opportunity to convert the garages to an ADU unit, potentially further increasing the rental income and property value. Both tenants eligible for max rent increase allowable under AB1482 9/1/2023. This is an amazing investment opportunity for any investor or owner occupant buyer.

Last Agent to Sell the Property

Spencer Pabst

Pabst, Kinney & Associates License #01849377 Listed on: 05/31/2023

Last Buyer's Agent

Leslie Teater

Keller Williams Coastal Prop. License #02165896

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,310

Year Built

  • Built in 1937

Lot Details

  • 6,260 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 1 / C
  • Tax Tract Number 1
  • Assessor Parcel Number 7208025013

Community Details

Overview

  • 2 Units
  • Wrigley Area Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,180
  • Net Operating Income $38,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,310

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 399000
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7208025013
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 368.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Rectangular Lot
  • Lot Size Sq Ft: 6260.00
  • Lot Size Acres: 0.1437

Multi Family

  • Average2 Bed Area: 1072 Square Feet
  • Gross Income: 3180.00
  • Gross Scheduled Income: 38160.00
  • Lot Size Area: 6260.0000 Square Feet
  • Net Operating Income: 38160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5730.02
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2012
Closed on
Aug 27, 2012
Sold by
Mongelluzzo William W and Mongelluzzo Rosemary O
Bought by
Follett Lauren N
Seller's Agent
Kathleen Spurlock
Coldwell Banker Realty
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$369,000
Sold Price
$355,000
Premium/Discount to List
-$14,000
-3.79%
Current Estimated Value
$902,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,121
Avg. Annual Appreciation
7.55%
Original Mortgage
$266,250
Outstanding Balance
$184,976
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$719,713

Purchase Details

Closed on
Jul 15, 2009
Sold by
Mongelluzzo William W and Mongelluzzo Rosemary O
Bought by
Mongelluzzo William W
Source: Public Records

Range of Values:

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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
Follett Lauren N $355,000 North American Title
Mongelluzzo William W -- None Available
Mongelluzzo William W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Follett Lauren N $266,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2023 08/09/23 Sold $790,000 -1.0% $368 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $798,000 -6.1% $372 / Sq Ft
05/31/2023 05/31/23 For Sale $850,000 +139.4% $396 / Sq Ft
10/10/2012 10/10/12 Sold $355,000 -3.8% $166 / Sq Ft
08/24/2012 08/24/12 Pending -- -- --
08/10/2012 08/10/12 For Sale $369,000 -- $172 / 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 $10,310 $805,800 $564,060 $241,740
2024 $10,310 $790,000 $553,000 $237,000
2023 $5,729 $420,171 $177,536 $242,635
2022 $5,387 $411,933 $174,055 $237,878
2021 $5,271 $403,857 $170,643 $233,214
2019 $5,197 $391,881 $165,583 $226,298
2018 $5,013 $384,198 $162,337 $221,861
2016 $4,605 $369,281 $156,034 $213,247
2015 $4,423 $363,735 $153,691 $210,044
2014 $4,400 $356,611 $150,681 $205,930
Source: Public Records

Agents Affiliated with this Home

  • Spencer Pabst

    Seller's Agent in 2023

    Spencer Pabst

    Pabst, Kinney & Associates

    (562) 884-6875

    1 in this area

    56 Total Sales

    Section Image

  • L

    Buyer's Agent in 2023

    Leslie Teater

    Keller Williams Coastal Prop.

    (949) 681-8300

    1 in this area

    28 Total Sales

    Section Image

  • K

    Seller's Agent in 2012

    Kathleen Spurlock

    Coldwell Banker Realty

    (562) 810-7037

    29 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23093924

California Regional Multiple Listing Service (CRMLS)

APN: 7208-025-013

California Los Angeles County Long Beach 90806 Southeast Wrigley

2142 Earl Ave, Long Beach, CA

This home is located at 2142 Earl Ave, Long Beach, CA 90806 since 31 May 2023 and is currently estimated at $904,689, approximately $421 per square foot. This property was built in 1937. 2142 Earl Ave is a home located in Los Angeles County with nearby schools including Jackie Robinson Academy, Long Beach Polytechnic High School, and We the People 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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