NOT LISTED FOR SALE

2261 Euclid Ave Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $1,028,000 - $1,177,000

4 Beds
2 Baths
1,536 Sq Ft
$714/Sq Ft Est. Value

Last Sold April 15, 2020

Last sale price $805,000 $524 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,732/month

125 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard
  • Bixby Elementary School Rated 9+
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

As of April 2020

DON'T MISS THIS OPPORTUNITY !!!! to buy a Duplex In ARTCRAFT MANOR...2 Units..Both Units are 2 Bedrooms, 1 Bath..Fabulous Rental Units, or Live in One and Enjoy Rental Income...Bike to the Beach, Belmont Short, Shopping, Freeways, Schools, Long Beach Airport, Parks, Golf Courses, Long Beach City College and CSULB....Great Curb Appeal..Front Tenant to enjoy a Front Yard and Back Tenant to Enjoy a Private Back Yard.. Units are currently rented. Both units have their own GAS and ELECTRIC METERS and Washer and Dryer Hook ups ..Very Nice Tree Lined Street..One of Long Beach's most Popular Areas....Don't Miss it !!!!!

Last Agent to Sell the Property

Karen Enterline

RE/MAX College Park Realty License #00573646 Listed on: 10/21/2019

RE/MAX College Park Realty

Last Buyer's Agent

Eleanor Gillamac

American Financial Group License #01183752

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,230

Year Built

  • Built in 1945

Lot Details

  • 6,111 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 13163
  • Assessor Parcel Number 7218027010

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 $1,200
  • Insurance Expense $672
  • Trash Expense $420
  • Water Sewer Expense $660
  • New Taxes Expense $9,907
  • Operating Expense $12,859
  • Gross Income $40,500
  • Net Operating Income $38,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,230

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Artcraft Manor (AM)
  • Water Sewer Expenses: 660.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7218027010
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 524.09
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 420.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6111.00
  • Lot Size Acres: 0.1403

Multi Family

  • Gross Income: 40500.00
  • Gross Scheduled Income: 40500.00
  • Insurance Expense: 672.00
  • Lot Size Area: 6111.0000 Square Feet
  • Net Operating Income: 38100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 12859.00

Tax Info

  • New Taxes Expense: 9907.00
  • Tax Census Tract: 5742.02
  • Tax Lot: 85
  • Tax Tract Number: 13163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Mar 12, 2020
Sold by
Ramirez Frankie and Ramirez Jeannette
Bought by
Vega Isela
Seller's Agent
Karen Enterline
RE/MAX College Park Realty
Buyer's Agent
Eleanor Gillamac
American Financial Group
List Price
$799,900
Sold Price
$805,000
Premium/Discount to List
$5,100
0.64%
Current Estimated Value
$1,096,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,439
Avg. Annual Appreciation
5.77%
Original Mortgage
$644,000
Outstanding Balance
$567,058
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$529,381

Purchase Details

Closed on
Oct 22, 2004
Sold by
Snow Dorothy L and The Snow Family Living Trust
Bought by
Ramirez Frankie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Snow Dorothy L and The Snow Family Living Trust
Bought by
Snow Dorothy L and The Snow Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Vega Isela $805,000 First American Title Company
Ramirez Frankie $499,000 Lawyers Title Company
Snow Dorothy L -- Lawyers Title Co
Snow Dorothy L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Isela $644,000
Previous Owner Ramirez Frankie $399,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2020 04/15/20 Sold $805,000 +0.6% $524 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/16/2020 02/16/20 For Sale $799,900 -0.6% $521 / Sq Ft
02/03/2020 02/03/20 Off Market $805,000 -- --
10/21/2019 10/21/19 For Sale $799,900 0.0% $521 / Sq Ft
02/25/2016 02/25/16 Rented $1,495 0.0% --
02/13/2016 02/13/16 For Rent $1,495 -- --
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 $11,230 $880,380 $546,820 $333,560
2024 $11,230 $863,119 $536,099 $327,020
2023 $11,038 $846,196 $525,588 $320,608
2022 $10,360 $829,605 $515,283 $314,322
2021 $10,050 $813,339 $505,180 $308,159
2020 $8,078 $635,989 $508,543 $127,446
2019 $7,985 $623,520 $498,572 $124,948
2018 $7,719 $611,296 $488,797 $122,499
2016 $7,102 $587,561 $469,817 $117,744
2015 $6,099 $515,000 $407,200 $107,800
2014 $5,833 $485,000 $383,500 $101,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karen Enterline

    RE/MAX

    Section Image

  • E

    Buyer's Agent in 2020

    Eleanor Gillamac

    American Financial Group

    (562) 216-1000

    17 Total Sales

    Eleanor Gillamac
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19247481

California Regional Multiple Listing Service (CRMLS)

APN: 7218-027-010

California Los Angeles County Long Beach Artcraft Manor

2261 Euclid Ave, Long Beach, CA

This home is located at 2261 Euclid Ave, Long Beach, CA 90815 since 21 October 2019 and is currently estimated at $1,096,439, approximately $713 per square foot. This property was built in 1945. 2261 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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