NOT LISTED FOR SALE

2305 Olive Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $674,000 - $887,000

4 Beds
4 Baths
1,552 Sq Ft
$520/Sq Ft Est. Value

Last Sold September 08, 2014

Last sale price $399,000 $257 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,746/month

19 Days on Market

Highlights

  • 2 Car Garage
  • Fence is in good condition
  • 3-minute walk to NAACP Freedom Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of September 2014

*** GREAT INVESTMENT OPPORTUNITY *** Perfect for a first time home buyer. Live in one and rent the other!! Come check out this duplex. Features newer roof, updated windows, nicely painted. Property features 2bed 2 bath each both feature their own 2 car garage and small private front and back yard to hangout. Perfect rental property.

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 05/02/2014

Keller Williams Beverly Hills

Last Buyer's Agent

Ken Olson

Nationwide Real Estate Execs License #01895627

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,391 Sq Ft Lot
  • 1 Common Wall
  • Fence is in good condition
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,552 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 5732
  • Assessor Parcel Number 7211009024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,400
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Property Type: Residential Income
  • Parcel Number: 7211009024
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 257.09

Exterior Features

  • Fencing: Good Condition
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6391.00
  • Lot Size Acres: 0.1470

Multi Family

  • Gross Income: 2400.00
  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 6391.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 5732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2024
Sold by
Garcia Solis Jose A and Garcia Solis Luis
Bought by
Solis Jose A Garcia and Garcia Will R
Current Estimated Value
$806,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$691,900
Outstanding Balance
$684,585
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$122,340

Purchase Details

Closed on
Sep 25, 2017
Sold by
Solis Jose A Garcia
Bought by
Solis Jose A Garcia and Solis Luis J Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,139
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2014
Sold by
Nolsaco Jeanette Garrido
Bought by
Solis Jose A Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,035
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2014
Sold by
Nguyendo Larry T
Bought by
Solis Jose A Garcia and Solis Luis J Garcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,035
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2006
Sold by
Nguyendo Larry T
Bought by
Nguyendo Larry T and Larry T Nguyendo Trust

Purchase Details

Closed on
May 10, 2000
Sold by
Nguyen Vanessa Myvan
Bought by
Nguyendo Larry Tien

Purchase Details

Closed on
Dec 5, 1999
Sold by
Nguyendo Larry T
Bought by
Nguyen Vanessa Myvan

Purchase Details

Closed on
Sep 28, 1996
Sold by
Nguyendo Mai Thanh
Bought by
Nguyendo Larry Tien
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

Date Buyer Sale Price Title Company
Solis Jose A Garcia -- Lawyers Title
Solis Jose A Garcia -- Netco Title Company
Solis Jose A Garcia -- Fidelity National Title Co
Solis Jose A Garcia $399,000 Fidelity National Title Co
Nguyendo Larry T -- None Available
Nguyendo Larry Tien -- --
Nguyen Vanessa Myvan $145,000 --
Nguyendo Larry Tien -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Jose A Garcia $691,900
Previous Owner Solis Jose A Garcia $376,139
Previous Owner Solis Jose A Garcia $385,035
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2014 09/08/14 Sold $399,000 +2.6% $257 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/02/2014 05/02/14 For Sale $389,000 -- $251 / 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 $6,369 $624,758 $385,181 $239,577
2024 $6,369 $470,127 $235,654 $234,473
2023 $6,263 $460,910 $231,034 $229,876
2022 $5,888 $451,873 $226,504 $225,369
2021 $5,769 $443,013 $222,063 $220,950
2019 $5,688 $430,256 $215,478 $214,778
2018 $5,434 $421,828 $211,253 $210,575
2016 $5,000 $405,084 $203,050 $202,034
2015 $4,801 $399,000 $200,000 $199,000
2014 $2,393 $181,791 $81,492 $100,299
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Adrian Cafuentes

    Keller Williams Beverly Hills

    Section Image

  • K

    Buyer's Agent in 2014

    Ken Olson

    Nationwide Real Estate Execs

    (562) 216-1000

    1 Total Sale

    Ken Olson
    Section Image

  • K

    Buyer's Agent in 2014

    Kenneth Olson

    Vivaldi Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14090630

California Regional Multiple Listing Service (CRMLS)

APN: 7211-009-024

California Los Angeles County Long Beach 90806 Sunrise

2305 Olive Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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