NOT LISTED FOR SALE

232 Termino Ave Long Beach, CA 90803

Belmont Heights Neighborhood
14 Beds
11 Baths
7,463 Sq Ft
6,561 Sq Ft Lot

Last Sold May 07, 2015

Last sale price $2,300,000 $308 Per Sq Ft

3 Days on Market

About This Home

As of May 2015

Unique Owner/User/Investor oportunity in Prime Belmont Heights. Just blocks from the beach, and located on a fantastic tree lined residential street. This attractive mid century building is not subject to rent control and includes a three bedroom owners unit. Individually metered for gas and electricity. Low maintenance(no pool or elevator). Below market rents, with excellent upside. Same owner for over 25 years. Drive by only. Interior inspection with accepted offer.

Last Agent to Sell the Property

Joseph Schiro

Plush Home Int'l Realty License #01162621 Listed on: 04/12/2015

Last Buyer's Agent

Greg Davtyan

Greg Davtyan License #00960338

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,561

Parking

  • 4 Car Garage
  • 1 Carport Space

Interior Spaces

  • 7,463 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 11 Bathrooms

Additional Features

  • 6,561 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 7255-027-009

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 7463
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 11.00
  • Price Per S Q F T: 294.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Carport, Garage - 4+ Car
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Expense: 4277.00

Fee Information

  • Insurance Expense: 2700.00
  • Maintenance Expense: 6000.00

Lot Info

  • Assessed Improvement Value: 193988
  • Assessed Land Value: 128261
  • Assessor Parcel Number: 7255-027-009
  • Geocode Override: No
  • Lot Size Area: 6561

Rental Info

  • Total Actual Rent: 157560.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 13.95
  • Number Of Units: 10
  • Rent Control: 0
  • Type Of Units: apartment
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 28367.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2015 05/07/15 Sold $2,300,000 +4.6% $308 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/12/2015 04/12/15 For Sale $2,199,000 -- $295 / Sq Ft
Source: The MLS

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 $35,568 $2,764,246 $1,922,956 $841,290
2024 $35,568 $2,710,046 $1,885,251 $824,795
2023 $34,963 $2,656,909 $1,848,286 $808,623
2022 $32,815 $2,604,814 $1,812,046 $792,768
2021 $32,148 $2,553,740 $1,776,516 $777,224
2019 $31,687 $2,478,477 $1,723,825 $754,652
2018 $30,886 $2,429,890 $1,690,025 $739,865
2016 $28,409 $2,335,075 $1,624,400 $710,675
2015 $5,089 $328,686 $130,823 $197,863
2014 $5,111 $322,249 $128,261 $193,988
Source: Public Records

Agents Affiliated with this Home

  • Joseph Schiro

    Seller's Agent in 2015

    Joseph Schiro

    Plush Home Int'l Realty

    (310) 474-5808

    15 Total Sales

    Joseph Schiro
    Section Image

  • G

    Buyer's Agent in 2015

    Greg Davtyan

    Greg Davtyan

    (818) 434-7779

    5 Total Sales

    Greg Davtyan
    Section Image
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Map

Source: The MLS

MLS Number: 15-895677

The MLS
California Los Angeles County Long Beach 90803 Belmont Heights

232 Termino Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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