A
Seller's Agent in 2018
Andrew McAllister
eXp Realty of Greater L.A
(562) 423-8134
17 Total Sales
2207 E 2nd St Long Beach, CA 90803
Bluff Park NeighborhoodEstimated Value: $1,807,252 - $2,161,000
6
Beds
6
Baths
3,991
Sq Ft
$482/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Private Yard
- 2 Car Garage
- Woodrow Wilson High School Rated A
- Laundry Room
- 2-minute walk to Bixby Park
About This Home
As of November 2018Rare opportunity to purchase a massive Triplex in the prestigious Bluff Park neighborhood in Long Beach, CA. Incredible opportunity for both investors or someone looking to live in the massive 3 Bed / 3 Bath Owner's unit and rent the other two. The 3 Bed / 3 Bath sits below a large 3 Bed / 2 Bath with an enclosed patio and there is a separate spacious studio over a two car garage. Premier Bluff Park location next to multi-million dollar homes and within walking distance to local amenities (Walk Score of 89 & Bike Score of 91). The property is located in a historical district, but does NOT hold a historical designation, allowing for a much smoother renovation process. Units feature charming early 1900's original hardwood floors and built-ins, allowing an owner to restore the original charm, modernize the interiors and raise rents significantly.
Last Agent to Sell the Property
eXp Realty of Greater L.A License #01946829 Listed on: 07/11/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 5,734 Sq Ft Lot
- No Common Walls
- Level Lot
- Private Yard
- Back and Front Yard
- Density is 21-25 Units/Acre
Parking
- 2 Car Garage
- Parking Available
- Tandem Uncovered Parking
Interior Spaces
- 3,991 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 2
- Tax Tract Number 5500
- Assessor Parcel Number 7264029070
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,596
- Maintenance Expense $3,000
- Other Expense $1,200
- New Taxes Expense $17,043
- Operating Expense $24,689
- Gross Income $71,700
- Net Operating Income $44,860
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2018
Closed on
Oct 29, 2018
Sold by
Nielsen Keith and Keith Nielsen Revocable Trust
Bought by
Gupta Puneet
Seller's Agent
Andrew McAllister
eXp Realty of Greater L.A
Buyer's Agent
Amir Sarkeshik
Optimum First, Inc.
List Price
$1,350,000
Sold Price
$1,320,000
Premium/Discount to List
-$30,000
-2.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,813
Avg. Annual Appreciation
5.45%
Original Mortgage
$925,000
Outstanding Balance
$811,689
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,111,124
Purchase Details
Closed on
Sep 13, 2013
Sold by
Nielsen Keith E
Bought by
Nielsen Keith and Keith Nielsen Revocable Trust
Purchase Details
Listed on
Nov 24, 2010
Closed on
Mar 22, 2012
Sold by
Nielsen Garnet F
Bought by
Nielsen Keith E
Seller's Agent
Marilyn Delao
Allison James Estates & Homes
Buyer's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$860,000
Sold Price
$699,000
Premium/Discount to List
-$161,000
-18.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$454,350
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 24, 2010
Closed on
Mar 1, 2012
Sold by
Montoya Jan
Bought by
Nielsen Keith E
Seller's Agent
Marilyn Delao
Allison James Estates & Homes
Buyer's Agent
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
List Price
$860,000
Sold Price
$699,000
Premium/Discount to List
-$161,000
-18.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$454,350
Interest Rate
3.91%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 10, 2004
Sold by
Windle Frederick Jack
Bought by
Montoya Jan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,600
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Windle Frederick Jack
Purchase Details
Closed on
Jul 13, 1994
Sold by
Cal Western Reconveyance Corp
Bought by
Federal Home Loan Mortgage Corporation
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gupta Puneet | $1,320,000 | Chicago Title Company | |
| Nielsen Keith | -- | None Available | |
| Nielsen Keith E | -- | Chicago Title Company | |
| Nielsen Keith E | $699,000 | Chicago Title Company | |
| Montoya Jan | $927,000 | North American Title Co | |
| Windle Frederick Jack | $220,000 | First American Title Company | |
| Federal Home Loan Mortgage Corporation | $290,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gupta Puneet | $925,000 | |
| Previous Owner | Nielsen Keith E | $454,350 | |
| Previous Owner | Montoya Jan | $741,600 | |
| Closed | Montoya Jan | $139,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/20/2018 11/20/18 | Sold | $1,320,000 | -2.2% | $331 / Sq Ft | |
| 09/27/2018 09/27/18 | Pending | -- | -- | -- | |
| 07/11/2018 07/11/18 | For Sale | $1,350,000 | +93.1% | $338 / Sq Ft | |
| 04/09/2012 04/09/12 | Sold | $699,000 | -18.7% | $175 / Sq Ft | View Prior Sale |
| 03/01/2012 03/01/12 | Pending | -- | -- | -- | |
| 11/24/2010 11/24/10 | For Sale | $860,000 | -- | $215 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,821 | $1,472,480 | $1,003,965 | $468,515 |
| 2024 | $18,821 | $1,443,609 | $984,280 | $459,329 |
| 2023 | $18,390 | $1,415,304 | $964,981 | $450,323 |
| 2022 | $17,259 | $1,387,554 | $946,060 | $441,494 |
| 2021 | $16,916 | $1,360,348 | $927,510 | $432,838 |
| 2020 | $16,871 | $1,346,400 | $918,000 | $428,400 |
| 2019 | $16,674 | $1,320,000 | $900,000 | $420,000 |
| 2018 | $9,914 | $771,627 | $495,652 | $275,975 |
| 2016 | $9,104 | $741,665 | $476,406 | $265,259 |
| 2015 | $8,741 | $730,525 | $469,250 | $261,275 |
| 2014 | $8,686 | $716,216 | $460,059 | $256,157 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew McAllister
-
Amir Sarkeshik
A
Buyer's Agent in 2018
Amir Sarkeshik
Optimum First, Inc.
(714) 415-3203
26 Total Sales
-
M
Seller's Agent in 2012
Marilyn Delao
Allison James Estates & Homes
-
John Stanaland
Buyer's Agent in 2012
John Stanaland
DOUGLAS ELLIMAN OF CALIFORNIA, INC.
(949) 689-9047
186 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS18166480
APN: 7264-029-070
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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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