K
Seller's Agent in 2016
Kenneth Davis
Coldwell Banker Realty
2295 Baltic Ave Long Beach, CA 90810
Westside Neighborhood
3
Beds
3
Baths
2,330
Sq Ft
3,676
Sq Ft Lot
About This Home
As of February 2016Very Clean & Maintained, 5–1br/1ba units in Long Beach’s Westside, 1 building with 4 units and a separate house making 5 units total with a gated courtyard. Recently Renovated with new electrical meter, wires, plumbing, stucco, all but water is separate metered, very low maintenance. Rents increased Jan1st to 3@$870+$850+$830=$4,290/month which provides a 6.8% Cap Rate. Fully rented with long term tenants. The building is across the street from Garfield Elementary School in a nice residential neighborhood. Easy income property with the possibility to assume a private note with 25% down. DRIVE BY Only, Offer subject to Inspection, DO NOT Disturb Tenants!
Last Agent to Sell the Property
Kenneth Davis
Coldwell Banker Realty License #01380998 Listed on: 07/02/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1937
Lot Details
- 3,676 Sq Ft Lot
- Two or More Common Walls
- No Landscaping
Home Design
- Property Attached
Interior Spaces
- 2,330 Sq Ft Home
- Tile Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 6-7
- Tax Tract Number 2300
- Assessor Parcel Number 7401029003
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,700
- Maintenance Expense $350
- Pest Control $540
- Professional Management Expense $236
- Water Sewer Expense $1,200
- New Taxes Expense $8,125
- Net Operating Income $39,329
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
Closed on
Sep 19, 2019
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
$365,000
Interest Rate
0.035%
Purchase Details
Listed on
Jul 2, 2015
Closed on
Feb 1, 2016
Sold by
Bought by
Seller's Agent
Kenneth Davis
Coldwell Banker Realty
Buyer's Agent
Larry Sangiorgio
First Team Real Estate
List Price
$650,000
Sold Price
$596,500
Premium/Discount to List
-$53,500
-8.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
0.0393%
Mortgage Type
Commercial
Purchase Details
Listed on
Jul 15, 2013
Closed on
Aug 9, 2013
Sold by
Bought by
Seller's Agent
Kenneth Davis
Coldwell Banker Realty
Buyer's Agent
Rick Borrelli
First Team Real Estate
List Price
$510,000
Sold Price
$495,000
Premium/Discount to List
-$15,000
-2.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%
Original Mortgage
$396,000
Interest Rate
0.0433%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 13, 2012
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2004
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
$444,000
Interest Rate
0.057%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 15, 1997
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | Old Republic Title Company | ||
| $596,500 | First American Title Company | ||
| $495,000 | North American Title Company | ||
| $100,000 | Accommodation | ||
| -- | Investors Title Company | ||
| $499,000 | Investors Title Company | ||
| -- | -- |
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 | $365,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $396,000 | ||
| Previous Owner | $444,000 | ||
| Previous Owner | $149,800 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 02/08/2016 02/08/16 | Sold | $596,500 | -8.2% | $256 / Sq Ft | |
| 01/03/2016 01/03/16 | Pending | -- | -- | -- | |
| 07/02/2015 07/02/15 | For Sale | $650,000 | +31.3% | $279 / Sq Ft | |
| 08/30/2013 08/30/13 | Sold | $495,000 | -2.9% | $212 / Sq Ft | View Prior Sale |
| 08/08/2013 08/08/13 | Pending | -- | -- | -- | |
| 07/15/2013 07/15/13 | For Sale | $510,000 | -- | $219 / 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 | $9,909 | $706,127 | $438,000 | $268,127 |
| 2024 | $9,475 | $692,282 | $429,412 | $262,870 |
| 2023 | $9,307 | $678,709 | $420,993 | $257,716 |
| 2022 | $8,745 | $665,402 | $412,739 | $252,663 |
| 2021 | $8,558 | $652,356 | $404,647 | $247,709 |
| 2020 | $8,536 | $645,668 | $400,498 | $245,170 |
| 2019 | $8,435 | $633,009 | $392,646 | $240,363 |
| 2018 | $8,197 | $620,598 | $384,948 | $235,650 |
| 2016 | $6,578 | $512,589 | $310,660 | $201,929 |
| 2015 | $6,323 | $504,890 | $305,994 | $198,896 |
| 2014 | $6,299 | $495,000 | $300,000 | $195,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Larry Sangiorgio
Buyer's Agent in 2016
Larry Sangiorgio
First Team Real Estate
(714) 595-9200
44 Total Sales
-
Luis Morente
L
Seller Co-Listing Agent in 2013
Luis Morente
Coldwell Banker Realty
(562) 397-5261
9 Total Sales
-
R
Buyer's Agent in 2013
Rick Borrelli
First Team Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15145528
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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