Seller's Agent in 2016
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
1 in this area
89 Total Sales
236 Redondo Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,796,579
3
Beds
3
Baths
2,170
Sq Ft
$828/Sq Ft
Est. Value
About This Home
As of January 2016Own a 4 unit 3 blocks to the beach for less than $1M!
Clean, professionally managed building with no deferred maintenance.
Three separate structures: One 2 bedroom, 1 bathroom house, One 1 bedroom, 1 bathroom house, and 2 studios. Approximately 2170 total sq. ft.
Roof replaced recently on front and rear house, new plumbing in middle structure.
Interiors completely remodeled in 2006.
3 off street parking spaces, rare for the neighborhood.
Separately metered for gas and electricity.
Zoned CNR, Neighborhood Commercial and Residential for future creativity.
17% Upside in rents. Cap rate is based on market rents.
Incredible location: only a few blocks from the beach and 2nd Street, Belmont Shore.
Dense rental market with low vacancy rate and strong income.
Last Agent to Sell the Property
Buckingham Investments, Inc License #01908153 Listed on: 11/03/2015
Last Buyer's Agent
Flori Parham
Berkshire Hathaway HomeServices California Properties License #01977106
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 5,001 Sq Ft Lot
- 1 Common Wall
Home Design
- 2,170 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 5772
- Assessor Parcel Number 7264001015
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 4 Units
- Belmont Heights Subdivision
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,245
- Trash Expense $500
- Water Sewer Expense $587
- New Taxes Expense $11,875
- Operating Expense $22,711
- Gross Income $4,582
- Net Operating Income $29,523
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
Feb 9, 2017
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Nov 3, 2015
Closed on
Dec 1, 2015
Sold by
Bought by
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Flori Parham
Berkshire Hathaway HomeServices California Properties
List Price
$950,000
Sold Price
$945,000
Premium/Discount to List
-$5,000
-0.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.29%
Original Mortgage
$756,000
Outstanding Balance
$582,017
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$1,214,562
Purchase Details
Closed on
Feb 20, 2014
Sold by
Bought by
Purchase Details
Closed on
Nov 25, 2009
Sold by
Bought by
Purchase Details
Closed on
Jul 13, 2008
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
$616,000
Interest Rate
5.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 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
$616,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 4, 1993
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 |
|---|---|---|---|
| -- | None Available | ||
| $945,000 | Pacific Coast Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | United Title Company | ||
| $770,000 | Chicago Title | ||
| -- | California Counties 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 | $756,000 | ||
| Previous Owner | $616,000 | ||
| Previous Owner | $616,000 | ||
| Previous Owner | $77,000 | ||
| Previous Owner | $616,000 |
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 |
|---|---|---|---|---|
| 01/15/2016 01/15/16 | Sold | $945,000 | -0.5% | $435 / Sq Ft |
| 11/17/2015 11/17/15 | Pending | -- | -- | -- |
| 11/03/2015 11/03/15 | For Sale | $950,000 | -- | $438 / 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 | $15,046 | $1,118,680 | $828,655 | $290,025 |
| 2024 | $14,407 | $1,096,746 | $812,407 | $284,339 |
| 2023 | $14,162 | $1,075,242 | $796,478 | $278,764 |
| 2022 | $13,294 | $1,054,160 | $780,861 | $273,299 |
| 2021 | $13,031 | $1,033,491 | $765,550 | $267,941 |
| 2019 | $12,845 | $1,003,180 | $742,845 | $260,335 |
| 2018 | $12,475 | $983,518 | $728,280 | $255,238 |
| 2016 | $7,304 | $583,365 | $436,162 | $147,203 |
| 2015 | $7,015 | $574,603 | $429,611 | $144,992 |
| 2014 | $6,980 | $563,348 | $421,196 | $142,152 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Walker
-
Cody Charnell
Seller Co-Listing Agent in 2016
Cody Charnell
Sage Real Estate Group, Inc.
(562) 896-3851
1 in this area
53 Total Sales
-
F
Buyer's Agent in 2016
Flori Parham
Berkshire Hathaway HomeServices California Properties
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15238892
APN: 7264-001-015
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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