NOT LISTED FOR SALE

2142 Elm Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $1,166,000 - $1,592,031

11 Beds
7 Baths
3,776 Sq Ft
$378/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $1,085,000 $287 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,854/month

126 Days on Market

About This Home

As of August 2018

EXCELLENT 4 UNIT MIX, ONE (2BR, 1BA + BONUS ROOM), ONE (3BR, 2BA Townhouse Style), TWO (3BR, 1.25 BA). CLEAN PROPERTY, WELL PRICED, AND WONT LAST LONG.

Last Agent to Sell the Property

Okechukwu Chinke

Citywide Mortgage & Realty License #00897567 Listed on: 01/16/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,483

Year Built

  • Built in 1986

Lot Details

  • 7,316 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,776 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 2
  • Assessor Parcel Number 7208028025

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $288
  • Water Sewer Expense $1,404
  • New Taxes Expense $6,925
  • Operating Expense $10,117
  • Gross Income $75,120
  • Net Operating Income $65,003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,483

Year Built

Built in 1986

Lot Details

0

Parking

6

Listing Details

  • Other Phone Number: 2135955959
  • Price Per Unit: 280
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 1404.00
  • Property Type: Residential Income
  • Parcel Number: 7208028025
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 287.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 288.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7316.00

Multi Family

  • Gross Income: 75120.00
  • Gross Scheduled Income: 75120.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 65003.00
  • 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: 10117.00
  • Rent Control: No
  • Total Expenses: 10117.00

Tax Info

  • New Taxes Expense: 6925.00
  • Tax Lot: 22
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Davila Juan
Bought by
Davila Juan De Dios
Current Estimated Value
$1,426,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Outstanding Balance
$1,142,129
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$284,629

Purchase Details

Listed on
Jan 16, 2018
Closed on
Sep 4, 2018
Sold by
Enewally Uzoamaka B and Enewally Ikechukwu
Bought by
Davila Juan
Seller's Agent
Okechukwu Chinke
Citywide Mortgage & Realty
List Price
$1,120,000
Sold Price
$1,085,000
Premium/Discount to List
-$35,000
-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
3.90%
Original Mortgage
$892,600
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 16, 2018
Closed on
Jul 2, 2018
Sold by
Munoz Erika
Bought by
Davila Juan De Dios
Seller's Agent
Okechukwu Chinke
Citywide Mortgage & Realty
List Price
$1,120,000
Sold Price
$1,085,000
Premium/Discount to List
-$35,000
-3.12%

Purchase Details

Closed on
Apr 14, 2005
Sold by
Enewally Ikechukwu and Enewally Uzoamaka B
Bought by
Enewally Ikechukwu and Enewally Uzoamaka B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Davila Juan De Dios -- Stewart Title Of California In
Davila Juan $1,070,000 Fidelity National Title Comp
Davila Juan De Dios -- Fidelity National Title Comp
Enewally Ikechukwu -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davila Juan De Dios $1,155,000
Previous Owner Davila Juan $892,600
Previous Owner Enewally Ikechukwu $192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2018 08/16/18 Sold $1,085,000 -0.9% $287 / Sq Ft
07/30/2018 07/30/18 Price Changed $1,095,000 0.0% $290 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $1,095,000 -2.2% $290 / Sq Ft
01/16/2018 01/16/18 For Sale $1,120,000 -- $297 / 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 $15,483 $1,193,600 $446,205 $747,395
2024 $15,483 $1,170,197 $437,456 $732,741
2023 $15,224 $1,147,253 $428,879 $718,374
2022 $14,298 $1,124,759 $420,470 $704,289
2021 $14,007 $1,102,706 $412,226 $690,480
2020 $13,970 $1,091,400 $408,000 $683,400
2019 $13,808 $1,070,000 $400,000 $670,000
2018 $6,999 $520,629 $274,870 $245,759
2016 $6,429 $500,415 $264,198 $236,217
2015 $6,181 $492,899 $260,230 $232,669
2014 $6,155 $483,245 $255,133 $228,112
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2018

    Okechukwu Chinke

    Citywide Mortgage & Realty

    (213) 595-5959

    2 Total Sales

    Okechukwu Chinke
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18012154

California Regional Multiple Listing Service (CRMLS)

APN: 7208-028-025

California Los Angeles County Long Beach 90806 Sunrise

2142 Elm Ave, Long Beach, CA

This home is located at 2142 Elm Ave, Long Beach, CA 90806 since 16 January 2018 and is currently estimated at $1,426,758, approximately $377 per square foot. This property was built in 1986. 2142 Elm 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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