NOT LISTED FOR SALE

2233 Rose Ave Signal Hill, CA 90755

Estimated Value: $1,252,000 - $1,890,000

6 Beds
5 Baths
3,498 Sq Ft
$428/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $1,125,000 $322 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,204/month

5 Days on Market

Highlights

  • View of Trees or Woods
  • Fireplace in Primary Bedroom
  • Living Room Balcony
  • Long Beach Polytechnic High School Rated A
  • Tile Countertops
  • 2-minute walk to Signal Hill Park

About This Home

As of September 2019

Rare Signal Hill 4-Plex located on quiet one-way street now available!! Unit mix consists of: 1- 2 bed/1.5 bath, 1-2 bed/1 bath, 2- 1 bed/1 bath. 3 single car garages and 1 double car garage. All 4 units feature large open floor plans that each come with private garages and parking. Second story units have skyline views. Onsite laundry room includes two leased coin-op machines. Currently under management, well maintained, and fully occupied. Separately metered for electricity. Owner pays common area electric utility, water, and trash. Tenants pay their own electricity. Proforma rental rates can be achieved with minor improvements to already easily rentable modern-looking units. Walking distance to Costco, local park, close to freeways, Downtown Long Beach, Belmont Shore shopping, dining and entertainment.

Last Agent to Sell the Property

Michael Belisle

LB Brokerage, Inc License #00772872 Listed on: 07/11/2019

Last Buyer's Agent

Daniel Caldera

The Ave License #01914969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,428

Year Built

  • Built in 1972

Lot Details

  • 5,997 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Property Views

  • Woods
  • Hills

Home Design

  • Fire Rated Drywall
  • Shake Roof
  • Composition Roof

Interior Spaces

  • 3,498 Sq Ft Home
  • Electric Fireplace
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Living Room Balcony

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Tile Countertops
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 5 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Utilities

  • Radiant Heating System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Fireplace in Patio

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7215005023

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Electric Expense $900
  • Gardener Expense $900
  • Insurance Expense $1,141
  • Trash Expense $956
  • Water Sewer Expense $969
  • Operating Expense $4,866
  • Gross Income $76,740
  • Net Operating Income $71,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,428

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: Signal Hill (SH)
  • View: Yes
  • Water Sewer Expenses: 969.00
  • Zoning: SHR3*
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7215005023
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Living Room Balcony, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Bath, Kitchen, Living Room, Master Bedroom, Patio, Electric
  • Price Per Square Foot: 321.61
  • Room Type: Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Screens

Exterior Features

  • View: Hills, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shake
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Range Hood, Refrigerator, Water Heater
  • Heating Type: Radiant
  • Laundry Features: Common Area, Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 956.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Landscaped, Paved, Sprinkler System
  • Lot Size Sq Ft: 5997.00
  • Lot Size Acres: 0.1377
  • Latitude Manual: 33.79787200

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 76740.00
  • Gross Scheduled Income: 76740.00
  • Insurance Expense: 1141.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 480.00
  • Lot Size Area: 5997.0000 Square Feet
  • Net Operating Income: 71874.00
  • Number Of Rented Garages: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Refrigerator: 2
  • Operating Expense: 4866.00
  • Rent Control: No
  • Total Actual Rent: 6355.00
  • Total Expenses: 4866.00

Tax Info

  • Tax Census Tract: 5734.02
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2024
Sold by
Torres Barbara Emma
Bought by
Barbara Emma Torres Living Trust and Torres
Current Estimated Value
$1,496,800

Purchase Details

Listed on
Jul 11, 2019
Closed on
Aug 29, 2019
Sold by
Torres Robert
Bought by
Torres Barbara E
Seller's Agent
Michael Belisle
LB Brokerage, Inc
Buyer's Agent
Daniel Caldera
The Ave
List Price
$1,125,000
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$712,300
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2019
Closed on
Jul 25, 2019
Sold by
Wright Frank D
Bought by
Guerrero Emma Y and Torres Barbara E
Seller's Agent
Michael Belisle
LB Brokerage, Inc
Buyer's Agent
Daniel Caldera
The Ave
List Price
$1,125,000
Sold Price
$1,125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,300
Interest Rate
3.7%
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
Barbara Emma Torres Living Trust -- --
Torres Barbara Emma -- --
Torres Barbara E -- Ticor Title Company Of Ca
Guerrero Emma Y $1,125,000 Ticor Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerrero Emma Y $712,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $1,125,000 0.0% $322 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $1,125,000 -- $322 / 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 $16,428 $1,404,400 $726,572 $677,828
2024 $16,428 $1,206,224 $857,760 $348,464
2023 $16,159 $1,182,574 $840,942 $341,632
2022 $15,199 $1,159,387 $824,453 $334,934
2021 $14,900 $1,136,655 $808,288 $328,367
2019 $3,205 $153,101 $20,250 $132,851
2018 $3,033 $150,100 $19,853 $130,247
2016 $2,828 $144,274 $19,083 $125,191
2015 $2,758 $142,108 $18,797 $123,311
2014 $2,773 $139,325 $18,429 $120,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19164513

California Regional Multiple Listing Service (CRMLS)

APN: 7215-005-023