NOT LISTED FOR SALE
14 Beds
14 Baths
7,074 Sq Ft
6,333 Sq Ft Lot

Sale Details

Date Sold: March 29, 2018

Last sale price $2,060,000 $291 Per Sq Ft

94 Days on Market

About This Home

As of March 2018

Welcome to your new home at 2166 Chestnut Ave, nestled in the charming Wrigley neighborhood of Long Beach! This modern, gated complex boasts beautiful tree-lined streets, creating a serene atmosphere for you to call home. With convenient access to the 405 and 710 freeways, shopping adventures and daily commutes are a breeze. Our community is located moments away from the Long Beach Memorial Hospital, ensuring peace of mind for your healthcare needs. The building, hosting a total of 8 units, ensures a quiet and intimate living experience. Enjoy the luxury of tuck-under-covered parking, a private covered balcony for each unit, and the convenience of on-site laundry facilities. Live minutes away from the vibrant Belmont Shore, with the beach, The Pike, Retro Row, and Downtown Long Beach (DTLB) just a short journey away. Embrace the heart of Long Beach and all its beauty, right at your doorstep.

Last Agent to Sell the Property

Johnnie Stiegler

Lyon Stahl Investment Real Estate, Inc. License #01981597 Listed on: 10/30/2017

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Kevin Kretzmer

TurboHome Brokerage Inc. License #01997822

TurboHome Brokerage Inc.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 6,333 Sq Ft Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Parking

  • 12 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 7,074 Sq Ft Home
  • 2-Story Property
  • Laundry in Carport

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5161
  • Assessor Parcel Number 7205027004

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,476
  • Maintenance Expense $4,467
  • Trash Expense $2,400
  • Water Sewer Expense $2,400
  • New Taxes Expense $26,250
  • Operating Expense $38,593
  • Gross Income $148,896
  • Net Operating Income $105,836

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

6,333 Sq Ft Lot

Parking

12

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7205027004
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 291.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 12.00
  • Total Parking Spaces: 12.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Carport
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 6333.00

Multi Family

  • Gross Income: 148896.00
  • Gross Scheduled Income: 148896.00
  • Insurance Expense: 2476.00
  • Laundry Income: 4800.00
  • Maintenance Expense: 4467.00
  • Net Operating Income: 105836.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Operating Expense: 38593.00
  • Rent Control: No
  • Total Actual Rent: 12008.00
  • Total Expenses: 38593.00

Tax Info

  • New Taxes Expense: 26250.00
  • Tax Census Tract: 5730.04
  • Tax Lot: 4
  • Tax Tract Number: 5161

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2019
Sold by
Paul David First Revocable Trust
Bought by

Purchase Details

Listed on
Oct 30, 2017
Closed on
Feb 6, 2018
Sold by
Rusyniak Kathryn P
Bought by
First Paul D and The Paul David First Revocable Trust
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Kevin Kretzmer
TurboHome Brokerage Inc.
List Price
$2,100,000
Sold Price
$2,060,000
Premium/Discount to List
-$40,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 5, 2016
Closed on
Oct 17, 2016
Sold by
Day Jeffrey R
Bought by
Rusyniak Kathryn P and Kidd Zachary Anthony
Seller's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Johnnie Stiegler
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.28%
Original Mortgage
$1,200,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 28, 2014
Sold by
Jensen Henrik T
Bought by
Day Mckay Family Trust
Seller's Agent
William Van Tassel
Power Brokers Realty
Buyer's Agent
Jeff Day
Jeff Day-Broker
List Price
$1,350,000
Sold Price
$1,325,000
Premium/Discount to List
-$25,000
-1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Jun 15, 2012
Sold by
Yang Chun Esther
Bought by
Jensen Henrik T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,250
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 2012
Sold by
Ziccardi Ray J
Bought by
Jensen Henrik T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,250
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2006
Sold by
Ziccardi Ray J
Bought by
Ziccardi Ray J and Ziccardi Virginia L

Purchase Details

Closed on
Jan 7, 2004
Sold by
Basinet Michael J
Bought by
Ziccardi Raymond J and Ziccardi Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,250
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2003
Sold by
Hamilton Montgomery & Scott Llc
Bought by
Basinet Michael J and Basinet Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2002
Sold by
Mills Robert
Bought by
Hamilton Montgomery & Scott Llc

Purchase Details

Closed on
Sep 25, 1997
Sold by
Fidelity Fsla
Bought by
Mills Robert and Mills Debra

Purchase Details

Closed on
Aug 28, 1997
Sold by
Irving Brian
Bought by
Fidelity Fsla
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Wrigley, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
First Paul D $2,060,000 Fidelity National Title Comp
Rusyniak Kathryn P $1,600,000 Progressive Title
Day Mckay Family Trust $462,000 Title365 Company
Jensen Henrik T -- Fidelity National Title Co
Jensen Henrik T $1,151,000 Fidelity National Title Co
Ziccardi Ray J -- None Available
Ziccardi Raymond J $979,000 Fidelity National Title
Basinet Michael J -- United Title Company
Hamilton Montgomery & Scott Llc $546,500 American Title Co
Mills Robert $270,000 North American Title Co
Fidelity Fsla $189,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,775,000
Closed 2166 Chestnut Avenue Llc $1,680,000
Previous Owner First Paul D $600,000
Previous Owner Rusyniak Kathryn P $1,200,000
Previous Owner Jensen Henrik T $863,250
Previous Owner Ziccardi Raymond J $734,250
Previous Owner Basinet Michael J $543,750
Previous Owner Kashani Morad Faraji $200,000
Previous Owner Mills Robert $337,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2024 03/19/24 For Rent $2,010 0.0% --
10/26/2023 10/26/23 Price Changed $2,010 -13.4% $3 / Sq Ft
08/07/2023 08/07/23 For Rent $2,320 0.0% --
07/05/2023 07/05/23 For Rent $2,320 0.0% --
05/05/2023 05/05/23 For Rent $2,320 0.0% --
03/23/2023 03/23/23 Price Changed $2,320 +7.9% $3 / Sq Ft
03/15/2023 03/15/23 For Rent $2,150 0.0% --
01/31/2023 01/31/23 Price Changed $2,150 -10.2% $3 / Sq Ft
01/05/2023 01/05/23 For Rent $2,395 0.0% --
03/29/2018 03/29/18 Sold $2,060,000 -1.9% $291 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $2,100,000 0.0% $297 / Sq Ft
11/09/2017 11/09/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $2,100,000 +31.3% $297 / Sq Ft
12/05/2016 12/05/16 Sold $1,600,000 0.0% $226 / Sq Ft View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $1,600,000 +20.8% $226 / Sq Ft
04/22/2014 04/22/14 Sold $1,325,000 -1.9% $187 / Sq Ft View Prior Sale
02/17/2014 02/17/14 Pending -- -- --
02/03/2014 02/03/14 For Sale $1,350,000 +17.3% $191 / Sq Ft
08/22/2012 08/22/12 Sold $1,151,000 -4.1% $163 / Sq Ft View Prior Sale
07/11/2012 07/11/12 Pending -- -- --
09/29/2011 09/29/11 For Sale $1,200,000 -- $170 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $31,535 $2,389,437 $625,803 $1,763,634
2025 $31,535 $2,342,586 $613,533 $1,729,053
2024 $30,157 $2,296,653 $601,503 $1,695,150
2023 $29,647 $2,251,621 $589,709 $1,661,912
2022 $27,829 $2,207,473 $578,147 $1,629,326
2021 $27,260 $2,164,190 $566,811 $1,597,379
2020 $27,188 $2,143,924 $520,200 $1,623,724
2019 $26,884 $2,101,900 $510,000 $1,591,900
2018 $21,029 $1,632,700 $510,000 $1,122,700
2016 $17,056 $1,372,082 $414,213 $957,869
2015 $16,381 $1,351,473 $407,992 $943,481
2014 $14,369 $1,156,225 $301,362 $854,863
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17246716

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.