NOT LISTED FOR SALE

2269 Euclid Ave Long Beach, CA 90815

Artcraft Manor Neighborhood

Estimated Value: $1,046,560 - $1,692,000

4 Beds
2 Baths
1,536 Sq Ft
$809/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2019

Last sale price $775,000 $505 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $7,684 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Stanford Middle School Rated A-
  • 2 Car Garage
  • Front Yard

About This Home

As of June 2019

Amazing Duplex Income Property in an ideal rental location of Long Beach. NO RENT CONTROL!! These units are close to Long Beach State State, the Long Beach Airport, and within a mile of the 405 freeway which is perfect for commuters to either OC or LA. These units are already tenant occupied with amazing tenants on a Month to Month lease. These units have split meters for gas, and electric. Both units are 2 bedroom 1 bath (same size) and are in amazing condition throughout. The back unit just had the bathroom renovated. There is a big yard area for both units in the front and the back (split yards for each unit). They share a garage with 1 parking spot designated for each spot. Both units have separate laundry hookups. If you are looking for a well maintained, income producing property in an evolving area look no further. This duplex WILL NOT LAST LONG!!

Last Agent to Sell the Property

Cameron Meredith

Endeavor Realty, Inc License #02007760 Listed on: 04/25/2019

Last Buyer's Agent

Emily Knell

Proper Real Estate License #01211967

Proper Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 6,112 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

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

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 13163
  • Assessor Parcel Number 7218027008

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $634
  • Trash Expense $480
  • Water Sewer Expense $600
  • New Taxes Expense $200
  • Operating Expense $1,914
  • Gross Income $38,400
  • Net Operating Income $36,486

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

6,112 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 3.64
  • Property Attached: Yes
  • Subdivision Name Other: Artcraft Manor (AM)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7218027008
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 504.56
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Water Heater
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6112.00
  • Lot Size Acres: 0.1403

Multi Family

  • Gross Income: 38400.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 634.00
  • Lot Size Area: 6112.0000 Square Feet
  • Net Operating Income: 36486.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1914.00
  • Rent Control: No
  • Total Expenses: 1914.00

Tax Info

  • New Taxes Expense: 200.00
  • Tax Census Tract: 5742.02
  • Tax Lot: 83
  • 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
Apr 25, 2019
Closed on
May 29, 2019
Sold by
Bought by
Seller's Agent
Cameron Meredith
Endeavor Realty, Inc
Buyer's Agent
Emily Knell
Proper Real Estate
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Current Estimated Value
$1,242,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,890
Avg. Annual Appreciation
6.95%
Original Mortgage
$585,000
Outstanding Balance
$507,914
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$734,976

Purchase Details

Closed on
Feb 14, 2019
Sold by
Bought by

Purchase Details

Closed on
May 2, 2010
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
$333,750
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2006
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
$335,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 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
$200,000
Interest Rate
5.78%

Purchase Details

Closed on
Aug 5, 1999
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
$174,250
Interest Rate
7.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
$775,000 Fidelity National Title
-- None Available
$445,000 Orange Coast Title Company O
-- Fidelity National Title Co
-- Commonwealth Land Title
$205,000 First American Title Co
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 $585,000
Previous Owner $333,750
Previous Owner $335,000
Previous Owner $200,000
Previous Owner $174,250
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
06/11/2019 06/11/19 Sold $775,000 +3.3% $505 / Sq Ft
04/29/2019 04/29/19 For Sale $750,000 -3.2% $488 / Sq Ft
04/28/2019 04/28/19 Off Market $775,000 -- --
04/26/2019 04/26/19 Pending -- -- --
04/25/2019 04/25/19 For Sale $750,000 -- $488 / 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 $11,653 $864,523 $602,378 $262,145
2024 $10,908 $847,572 $590,567 $257,005
2023 $10,725 $830,954 $578,988 $251,966
2022 $10,064 $814,662 $567,636 $247,026
2021 $9,868 $798,689 $556,506 $242,183
2019 $6,663 $514,923 $358,712 $156,211
2018 $6,433 $504,828 $351,679 $153,149
2016 $5,919 $485,227 $338,024 $147,203
2015 $5,682 $477,939 $332,947 $144,992
2014 $5,647 $468,578 $326,426 $142,152
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Cameron Meredith

    Endeavor Realty, Inc

    Section Image

  • E

    Buyer's Agent in 2019

    Emily Knell

    RE/MAX

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19093945

California Regional Multiple Listing Service (CRMLS)

APN: 7218-027-008

California Los Angeles County Long Beach Artcraft Manor

2269 Euclid 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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