Seller's Agent in 2020
Jim Webb
Skyline Properties
(562) 618-9909
17 Total Sales
2400 E 5th St Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated Value: $1,424,000 - $1,748,000
5
Beds
4
Baths
3,112
Sq Ft
$501/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Property is near public transit
- No HOA
- Woodrow Wilson High School Rated A
- Wood Flooring
- Neighborhood Views
About This Home
As of March 2020FIRST TIME ON MARKET SINCE 1984!! PERFECT PROPERTY FOR INVESTOR TO LIVE IN FRONT HOUSE AND HAVE INCOME FROM THE THREE UNITS IN REAR. FRONT HOUSE IS A CRAFTSMAN STYLE 2BR HOME WITH LARGE LIVING AND FORMAL DINING ROOM AREA, HARDWOOD FLOORS, AND FIREPLACE. SEPARATE BREAKFAST ROOM OR OFFICE. PRIVATE LAUNDRY ROOM. SMALL DECK AND YARD OFF BACK OF HOUSE. OFF STREET PARKING WILL ACCOMMODATE AT LEAST THREE CARS. REAR TRIPLEX CONSISTS OF THREE-1BR UNITS, COMMUNITY LAUNDRY ROOM AND STORAGE AREA. THREE SINGLE CAR GARAGES ON THE ALLEY AND ONE PARKING SPACE. UPSIDE POTENTIAL ON THE RENTS. THIS PROPERTY IS LOCATED IN THE RETRO FOURTH STREET CORRIDOR AREA WITH LOTS OF RESTAURANTS, SHOPS, AND COFFEE HOUSES. CLOSE TO BUS LINES, ELEMENTARY SCHOOL, AND DOWNTOWN AREA. ONLY FIVE BLOCKS TO THE BEACH.
Co-Listed By
Ann Michalowicz
Skyline Properties License #01116362
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,520 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Back and Front Yard
Parking
- 3 Open Parking Spaces
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Craftsman Architecture
- Bungalow
- Property Attached
- Flat Roof Shape
- Composition Roof
- Wood Siding
Interior Spaces
- 3,112 Sq Ft Home
- 2-Story Property
- Neighborhood Views
- Gas Range
- Laundry Room
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 7263020018
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $963
- Gardener Expense $960
- Insurance Expense $2,307
- Maintenance Expense $2,000
- Pest Control $1,020
- Water Sewer Expense $2,820
- New Taxes Expense $15,600
- Operating Expense $26,150
- Gross Income $60,000
- Net Operating Income $33,844
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2019
Closed on
Feb 3, 2020
Sold by
Ichikawa Colin and Maharu M Ichikawa Revocable Li
Bought by
Squier David D and Squier Lauren E
Seller's Agent
Jim Webb
Skyline Properties
Buyer's Agent
Charles Chang
CMC Realty & Lending
List Price
$1,300,000
Sold Price
$1,124,023
Premium/Discount to List
-$175,977
-13.54%
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
$433,885
Avg. Annual Appreciation
5.79%
Original Mortgage
$843,000
Outstanding Balance
$743,376
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$814,532
Purchase Details
Closed on
Sep 19, 2018
Sold by
Ichikawa Colin M
Bought by
Ichikawa Colin and The Maharu M Ichikawa Revocable Living T
Purchase Details
Closed on
Apr 24, 2018
Sold by
Ichikawa Colin
Bought by
Ichikawa Colin and Colin M Ichikawa Trust
Purchase Details
Closed on
Jan 13, 1994
Sold by
Ichikawa Maharu M
Bought by
Ichikawa Maharu M
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 |
|---|---|---|---|
| Squier David D | $1,124,500 | Old Republic Title Company | |
| Ichikawa Colin | -- | None Available | |
| Ichikawa Colin | -- | None Available | |
| Ichikawa Colin | -- | None Available | |
| Ichikawa Colin | -- | None Available | |
| Ichikawa Maharu M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Squier David D | $843,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/11/2020 03/11/20 | Sold | $1,124,023 | -13.5% | $361 / Sq Ft |
| 01/13/2020 01/13/20 | Pending | -- | -- | -- |
| 11/27/2019 11/27/19 | For Sale | $1,300,000 | -- | $418 / 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 | $15,858 | $1,229,253 | $546,820 | $682,433 |
| 2024 | $15,858 | $1,205,151 | $536,099 | $669,052 |
| 2023 | $15,591 | $1,181,522 | $525,588 | $655,934 |
| 2022 | $14,639 | $1,158,356 | $515,283 | $643,073 |
| 2021 | $14,346 | $1,135,644 | $505,180 | $630,464 |
| 2020 | $4,354 | $312,791 | $120,849 | $191,942 |
| 2019 | $4,432 | $306,664 | $118,480 | $188,184 |
| 2018 | $4,214 | $300,656 | $116,157 | $184,499 |
| 2016 | $3,868 | $288,753 | $111,648 | $177,105 |
| 2015 | $3,724 | $284,416 | $109,971 | $174,445 |
| 2014 | $3,718 | $278,845 | $107,817 | $171,028 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Webb
-
A
Seller Co-Listing Agent in 2020
Ann Michalowicz
Skyline Properties
-
Charles Chang
Buyer's Agent in 2020
Charles Chang
CMC Realty & Lending
(562) 843-8284
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19273432
APN: 7263-020-018
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
Nearby Homes
- 2500 E 4th St Unit 203
- 2135 E Florida St Unit 7
- 2135 E Florida St Unit 2
- 2415 E 7th St
- 645 Temple Ave Unit 5
- 456 Cherry Ave
- 480 Cherry Ave
- 737 Molino Ave
- 2703 E 7th St
- 732 Molino Ave
- 776 Stanley Ave
- 334 Gladys Ave Unit 305
- 2805 E 3rd St Unit 21
- 732 Saint Louis Ave
- 307 Cherry Ave Unit 6
- 2009 E 7th St
- 2027 E Appleton St Unit 1
- 1919 E Beverly Way
- 326 Hermosa Ave Unit 7
- 2844 E 3rd St Unit 210
- 2332 E 5th St
- 2410 E 5th St
- 2324 E 5th St
- 2420-2444 E 5th St 01-12 14-15
- 2405 E 4th St
- 2411 E 4th St Unit 1
- 2343 E 4th St
- 2320 E 5th St
- 2425 E 4th St
- 2333 E 4th St
- 2411 E 5th St Unit 3
- 2321 E 5th St
- 2409 E 5th St
- 2333 E 5th St
- 2310 E 5th St
- 2329 E 4th St
- 2429 E 4th St
- 2325 E 4th St
- 2425 E 5th St
- 2425 E 5th St Unit 14