Seller's Agent in 2018
Gary Tolfa
Triqor Group
(949) 756-3232
14 Total Sales
2292 Long Beach Blvd Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,837,872
3
Beds
3
Baths
7,434
Sq Ft
$247/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Wood Flooring
- Wood Siding
- Long Beach Polytechnic High School Rated A
- No HOA
- Wall Furnace
About This Home
As of June 2018Built in 1947, this 6-unit wood & stucco construction mixed-use building is located in West Long Beach, south of Bixby Knolls, and is located steps away from the Metro Blue Line. Fully refurbished, this Long Beach property consists of two 2-bedroom, 1-bathroom units, two 1-bedroom, 1-bathroom units, and two large ground floor retail units. In addition, this property consists of 10 open parking spaces and is individually metered for gas and electric utilities. This Long Beach property is a perfect opportunity for an investor looking to acquire real estate in an increasingly desirable area.
*Studio Unit is Office/Retail
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 6,211 Sq Ft Lot
- Two or More Common Walls
Home Design
- Property Attached
- Flat Roof Shape
- Wood Siding
- Stucco
Interior Spaces
- 7,434 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Gas Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Parking
- Parking Available
- Unassigned Parking
Location
- Property is near public transit
- Urban Location
Additional Features
- Exterior Lighting
- Wall Furnace
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 57320
- Assessor Parcel Number 7208022001
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Electric Expense $3,000
- Insurance Expense $2,602
- Maintenance Expense $5,336
- New Taxes Expense $15,961
- Operating Expense $30,329
- Gross Income $95,280
- Net Operating Income $62,093
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2018
Closed on
May 18, 2018
Sold by
2296 Nsk Llc
Bought by
Sukh Maya Properties Llc
Seller's Agent
Gary Tolfa
Triqor Group
Buyer's Agent
Greg Foster
Skymark Real Estate Group
List Price
$1,310,000
Sold Price
$1,260,000
Premium/Discount to List
-$50,000
-3.82%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,872
Avg. Annual Appreciation
5.11%
Original Mortgage
$811,000
Outstanding Balance
$699,900
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$1,137,972
Purchase Details
Closed on
Nov 14, 2017
Sold by
2020 Foothill Llc
Bought by
2296 Nsk Llc
Purchase Details
Closed on
Oct 19, 2016
Sold by
Barone Michael A
Bought by
2020 Foothill Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.48%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sukh Maya Properties Llc | $1,260,000 | First American Title Company | |
| 2296 Nsk Llc | -- | Ticor Title San Diego | |
| 2020 Foothill Llc | $895,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sukh Maya Properties Llc | $811,000 | |
| Previous Owner | 2020 Foothill Llc | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/07/2018 06/07/18 | Sold | $1,260,000 | -3.8% | $169 / Sq Ft |
| 03/06/2018 03/06/18 | For Sale | $1,310,000 | -- | $176 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,897 | $1,433,660 | $489,264 | $944,396 |
| 2024 | $18,897 | $1,405,550 | $479,671 | $925,879 |
| 2023 | $18,579 | $1,377,991 | $470,266 | $907,725 |
| 2022 | $17,456 | $1,350,973 | $461,046 | $889,927 |
| 2021 | $17,078 | $1,324,484 | $452,006 | $872,478 |
| 2019 | $17,313 | $1,285,200 | $438,600 | $846,600 |
| 2018 | $12,617 | $912,900 | $295,800 | $617,100 |
| 2017 | $12,482 | $895,000 | $290,000 | $605,000 |
| 2016 | $4,482 | $262,499 | $122,499 | $140,000 |
| 2015 | $4,336 | $258,557 | $120,659 | $137,898 |
| 2014 | $4,319 | $253,493 | $118,296 | $135,197 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Tolfa
-
Greg Foster
Buyer's Agent in 2018
Greg Foster
Skymark Real Estate Group
(949) 438-1258
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18052240
APN: 7208-022-001
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.
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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