NOT LISTED FOR SALE

2260 Rose Ave Signal Hill, CA 90755

Estimated Value: $895,000 - $1,137,988

2 Beds
3 Baths
1,520 Sq Ft
$643/Sq Ft Est. Value

Last Sold October 22, 2019

Last sale price $777,000 $511 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,036/month

17 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Lawn
  • Long Beach Polytechnic High School Rated A
  • Living Room with Attached Deck
  • 2-minute walk to Signal Hill Park

About This Home

As of October 2019

RARE opportunity to own a beautiful turn-key Duplex in one of Signal Hill's transforming areas! The first building consists of an upstairs 1bed + 1.5bath + Den/Office with an abundance of natural light, a custom built Spanish style fireplace, a large private balcony, and a large living area. Enjoy direct access from the den into your very own large and welcoming backyard that includes: Pool, Hot-Tub, Two Gazibo's, Custom built Tool-Shed structure, fruit trees and vegetation, perfect for entertaining family, friends, guests, or for your tenant's enjoyment. Downstairs is a large, turn-key studio with an upgraded Kitchen and appliances, including private access to a separate patio area. The second building is currently being used as an office, it has it's very own private backyard area, and it has potential to become a 3rd income producing unit (studio #2). The final building is a large 2 car garage with an attached covered shed, perfect for bikes, bicycles, or small vehicles. Large driveway allows for parking of multiple vehicles. Minutes away from the Beach, Mother's Market, Famous Dining & Entertainment, and much more. WILL BE GONE FAST!

Last Agent to Sell the Property

Alex Kolominsky

Balboa Real Estate, Inc License #01997275 Listed on: 08/15/2019

Balboa Real Estate, Inc

Co-Listed By

Tessa Jacobs

Pacific Rim Property Management License #01948560

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,074

Year Built

  • Built in 1958

Lot Details

  • 9,615 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Brick Fence
  • Landscaped
  • Sprinklers Throughout Yard
  • Lawn
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Window Screens
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Living Room Balcony
  • Home Office
  • Storage
  • Laundry Room
  • Tile Flooring
  • Neighborhood Views

Kitchen

  • Indoor Grill
  • Gas Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Pool

  • In Ground Pool
  • Above Ground Spa

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Detached Guest House

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 8
  • Tax Tract Number 3593
  • Assessor Parcel Number 7215004032

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Fuel Expense $144
  • Gardener Expense $1,200
  • Insurance Expense $792
  • Trash Expense $196
  • Water Sewer Expense $720
  • Operating Expense $4,252
  • Gross Income $40,800
  • Net Operating Income $36,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,074

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Signal Hill (SH)
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: SHR3*
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7215004032
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony, Living Room Deck Attached, Storage, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 511.18
  • Room Type: Kitchen, Laundry, Living Room, Office, Walk-In Closet
  • Spa Features: Private, Above Ground
  • Window Features: Blinds, Screens

Exterior Features

  • Other Structures: Guest House Detached
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Indoor Grill, Microwave, Refrigerator, Trash Compactor, Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 196.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear, Sprinklers Manual, Sprinklers On Side
  • Lot Size Sq Ft: 9615.00
  • Lot Size Acres: 0.2207

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 144.00
  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 792.00
  • Lot Size Area: 9615.0000 Square Feet
  • Net Operating Income: 36548.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 4252.00
  • Rent Control: No
  • Total Expenses: 4252.00

Tax Info

  • Tax Census Tract: 5734.02
  • Tax Lot: 8
  • Tax Tract Number: 3593

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Sep 6, 2019
Sold by
Cates Patricia A
Bought by
Long William and Kim Molyka
Seller's Agent
Alex Kolominsky
Balboa Real Estate, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$749,900
Sold Price
$777,000
Premium/Discount to List
$27,100
3.61%
Current Estimated Value
$976,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,747
Avg. Annual Appreciation
3.86%
Original Mortgage
$621,600
Interest Rate
3.4%

Purchase Details

Closed on
Jun 17, 2002
Sold by
Cates Patricia A and Morales Patricia A
Bought by
Cates Donald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2001
Sold by
Morales Patricia A and Cates Donald E
Bought by
Morales Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Morales Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
7.68%

Purchase Details

Closed on
Dec 22, 1995
Sold by
Woodward Adrian T and Woodward Rita
Bought by
Federal Home Loan Mortgage Corporation
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
Long William $777,000 Netco Title Company
Cates Donald E -- American Title
Morales Patricia A -- American Title Co
Morales Patricia A $123,000 First American Title Co
Federal Home Loan Mortgage Corporation $135,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long William $621,600
Previous Owner Cates Donald E $37,000
Previous Owner Morales Patricia A $185,000
Previous Owner Morales Patricia A $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2019 10/22/19 Sold $777,000 +3.6% $511 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $749,900 -- $493 / 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 $11,074 $849,759 $656,186 $193,573
2024 $11,074 $833,098 $643,320 $189,778
2023 $10,892 $816,763 $630,706 $186,057
2022 $10,236 $800,749 $618,340 $182,409
2021 $10,040 $785,049 $606,216 $178,833
2019 $2,928 $185,605 $108,703 $76,902
2018 $2,778 $181,967 $106,572 $75,395
2016 $2,576 $174,903 $102,435 $72,468
2015 $2,494 $172,277 $100,897 $71,380
2014 $2,493 $168,903 $98,921 $69,982
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19194681

California Regional Multiple Listing Service (CRMLS)

APN: 7215-004-032