NOT LISTED FOR SALE

2256 Euclid Ave Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $1,021,000 - $1,122,000

4 Beds
2 Baths
1,536 Sq Ft
$696/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $772,000 $503 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,540/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Lawn
  • Landscaped
  • Bixby Elementary School Rated 9+
  • No HOA
  • Floor Furnace

About This Home

As of August 2020

Duplex is located in Artcraft Manor. Both units are 2 bedrooms and 1 bathroom. The property features a front yard, back unit has a backyard, 2-car garage and one uncovered parking space. Long term tenants. Close to freeways, schools and restaurants. Don't miss this wonderful opportunity!

Last Agent to Sell the Property

Jennifer Hirsh

Coldwell Banker Realty License #01486115 Listed on: 07/15/2020

Coldwell Banker Realty

Last Buyer's Agent

Rob Demate

TLC Real Estate Services Inc License #01245045

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,661

Year Built

  • Built in 1945

Lot Details

  • 6,176 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Fence is in average condition
  • Landscaped
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 65
  • Tax Tract Number 13163
  • Assessor Parcel Number 7218025017

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Artcraft Manor Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,080
  • Insurance Expense $567
  • Other Expense $3,100
  • Professional Management Expense $2,400
  • Supplies Expense $1,000
  • Water Sewer Expense $866
  • Operating Expense $9,013
  • Gross Income $37,800
  • Net Operating Income $8,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,661

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: Artcraft Manor (AM)
  • Supplies Expense: 1000.00
  • View: No
  • Water Sewer Expenses: 866.00
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 7218025017
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 502.60
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Uncovered
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: 220 Volts
  • Heating Type: Floor Furnace
  • 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, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 6176.00
  • Lot Size Acres: 0.1418

Multi Family

  • Average2 Bed Area: 768 Square Feet
  • Gross Income: 37800.00
  • Gross Scheduled Income: 37800.00
  • Insurance Expense: 567.00
  • Lot Size Area: 6176.0000 Square Feet
  • Net Operating Income: 8800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 17000.00
  • Other Expense: 3100.00
  • Other Expense Description: Misc
  • Rent Control: No
  • Total Actual Rent: 37800.00
  • Total Expenses: 9013.00

Tax Info

  • Tax Census Tract: 5750.01
  • Tax Lot: 65
  • Tax Tract Number: 13163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 30, 2020
Sold by
Mccarthy Kevin F and Mccarthy Debra J
Bought by
Mccarthy Trust and Mccarthy
Seller's Agent
Jennifer Hirsh
Coldwell Banker Realty
Buyer's Agent
Rob Demate
TLC Real Estate Services Inc
List Price
$759,900
Sold Price
$772,000
Premium/Discount to List
$12,100
1.59%
Current Estimated Value
$1,069,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,272
Avg. Annual Appreciation
6.53%

Purchase Details

Listed on
Jul 15, 2020
Closed on
Jul 22, 2020
Sold by
Borges Larry C and Borges Juvie J
Bought by
Mccarthy Kevin F and Mccarthy Debra J
Seller's Agent
Jennifer Hirsh
Coldwell Banker Realty
Buyer's Agent
Rob Demate
TLC Real Estate Services Inc
List Price
$759,900
Sold Price
$772,000
Premium/Discount to List
$12,100
1.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2003
Sold by
Borges Larry C and Borges Juvie
Bought by
Borges Larry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.82%

Purchase Details

Closed on
Feb 25, 2003
Sold by
Borges Larry C and Borges Juvie J
Bought by
Borges Larry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.82%
Source: Public Records

Range of Values:

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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
Mccarthy Trust -- None Listed On Document
Mccarthy Kevin F $772,000 Ticor Title Company
Borges Larry C -- Natc
Borges Larry C -- North American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccarthy Kevin F $577,500
Previous Owner Borges Larry C $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $772,000 +1.6% $503 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $759,900 -- $495 / 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 $10,661 $835,634 $649,458 $186,176
2024 $10,661 $819,250 $636,724 $182,526
2023 $10,484 $803,188 $624,240 $178,948
2022 $9,841 $787,440 $612,000 $175,440
2021 $9,650 $772,000 $600,000 $172,000
2020 $2,723 $189,075 $89,558 $99,517
2019 $2,693 $185,368 $87,802 $97,566
2018 $2,533 $181,734 $86,081 $95,653
2016 $2,329 $174,680 $82,740 $91,940
2015 $2,241 $172,057 $81,498 $90,559
2014 $2,237 $168,688 $79,902 $88,786
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hirsh

    Seller's Agent in 2020

    Jennifer Hirsh

    Coldwell Banker Realty

    (562) 506-5405

    18 Total Sales

    Jennifer Hirsh
    Section Image

  • R

    Buyer's Agent in 2020

    Rob Demate

    TLC Real Estate Services Inc

    (714) 809-6076

    8 Total Sales

    Rob Demate
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20139601

California Regional Multiple Listing Service (CRMLS)

APN: 7218-025-017

California Los Angeles County Long Beach Artcraft Manor

2256 Euclid Ave, Long Beach, CA

This home is located at 2256 Euclid Ave, Long Beach, CA 90815 since 15 July 2020 and is currently estimated at $1,069,272, approximately $696 per square foot. This property was built in 1945. 2256 Euclid Ave is a home located in Los Angeles County with nearby schools including Bixby Elementary School, Stanford Middle School, and Woodrow Wilson 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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