NOT LISTED FOR SALE

2254 Grand Ave Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $1,005,000 - $1,177,000

4 Beds
2 Baths
1,536 Sq Ft
$699/Sq Ft Est. Value

Sale Details

Date Sold: February 8, 2019

Last sale price $736,000 $479 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,761 / mo

23 Days on Market

Highlights

  • Fireplace in Bathroom
  • Property is near park and public transit
  • No HOA
  • Stanford Middle School Rated A-
  • Wood Flooring
  • Tile Countertops

About This Home

As of February 2019

Great Income Property in a Great Area! This beautiful duplex has dual pane windows, new roof, new wood flooring, washer dryer hook ups in each unit, newer fixtures, spacious 2 car garage, private back yard. Back unit is on a month to month and front unit has lease through Dec 1 2019.

Last Agent to Sell the Property

Sheilah Faust

HomeSmart Realty Group License #01428449 Listed on: 12/10/2018

HomeSmart Realty Group

Last Buyer's Agent

Eileen Rivera

GE Dean and Associates License #01208517

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945 | Remodeled

Lot Details

  • 6,165 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring
  • Laundry in Kitchen

Kitchen

  • Gas Cooktop
  • Tile Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Outdoor Fireplace
  • Exterior Lighting

Location

  • Property is near park and public transit

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 14
  • Tax Tract Number 13163
  • Assessor Parcel Number 7218024002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,080
  • Insurance Expense $1,100
  • New Taxes Expense $9,025
  • Operating Expense $9,025
  • Gross Income $39,000
  • Net Operating Income $36,820

Property Details

Home Type

Multi-Family

Year Built

Built in 1945 | Remodeled

Lot Details

6,165 Sq Ft Lot

Parking

2

Listing Details

  • Inclusions: stoves and a/c window units
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Artcraft Manor (AM)
  • View: No
  • Zoning: LBR2N
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7218024002
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room, Outside, Electric, Gas
  • Levels: One
  • Price Per Square Foot: 479.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Natural Gas
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 6165.00
  • Lot Size Acres: 0.1415

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Operating Income: 39000.00
  • Gross Scheduled Income: 36820.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6165.0000 Square Feet
  • Net Operating Income: 36820.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 2180.00
  • Rent Control: No
  • Total Expenses: 9025.00

Tax Info

  • New Taxes Expense: 9025.00
  • Tax Area: 5500
  • Tax Census Tract: 5750.01
  • Tax Lot: 14
  • Tax Tract Number: 13163

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

Listed on
Dec 10, 2018
Closed on
Feb 26, 2019
Sold by
Bought by
Seller's Agent
Sheilah Faust
HomeSmart Realty Group
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$845,000
Sold Price
$736,000
Premium/Discount to List
-$109,000
-12.9%
Current Estimated Value
$1,073,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,355
Avg. Annual Appreciation
5.19%
Original Mortgage
$588,800
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2018
Closed on
Jan 7, 2019
Sold by
Bought by
Seller's Agent
Sheilah Faust
HomeSmart Realty Group
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$845,000
Sold Price
$736,000
Premium/Discount to List
-$109,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,800
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
0.0137%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
0.0137%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
0.0579%

Purchase Details

Closed on
May 27, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Chicago Title
$736,000 Old Republic Title Company
$417,000 Ticor Title Tustin Orange Co
$324,000 None Available
-- First American Title Company
$555,000 Fatcola
$375,000 Natc
$199,000 Investors Title Company
-- --
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 $576,000
Closed $588,800
Previous Owner $514,900
Previous Owner $444,000
Previous Owner $300,000
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
02/08/2019 02/08/19 Sold $736,000 -0.5% $479 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
12/30/2018 12/30/18 Price Changed $740,000 -12.4% $482 / Sq Ft
12/10/2018 12/10/18 For Sale $845,000 -- $550 / 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
2025 $10,939 $821,018 $574,490 $246,528
2024 $10,463 $804,921 $563,226 $241,695
2023 $10,288 $789,139 $552,183 $236,956
2022 $9,656 $773,666 $541,356 $232,310
2021 $9,468 $758,497 $530,742 $227,755
2019 $6,110 $469,528 $326,531 $142,997
2018 $5,896 $460,323 $320,129 $140,194
2016 $5,425 $442,450 $307,699 $134,751
2015 $5,208 $435,805 $303,078 $132,727
2014 $5,177 $427,270 $297,142 $130,128
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sheilah Faust

    HomeSmart Realty Group

    Section Image

  • E

    Buyer's Agent in 2019

    Eileen Rivera

    GE Dean and Associates

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18289142

California Regional Multiple Listing Service (CRMLS)

APN: 7218-024-002

California Los Angeles County Long Beach 90815 Artcraft Manor

2254 Grand Ave, Long Beach, CA

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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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