NOT LISTED FOR SALE

2410 E 19th St Signal Hill, CA 90755

Estimated Value: $1,220,000 - $1,469,000

1 Bed
1 Bath
4 Sq Ft
$336,663/Sq Ft Est. Value

Last Sold March 18, 2020

Last sale price $959,000 $239,750 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $8,695/month

18 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Ceiling Fan
  • Alvarado Elementary Rated 9+
  • Laundry Room
  • 2-minute walk to Raymond Arbor Park

About This Home

As of March 2020

Situated on a prime corner lot in the heart of Signal Hill, this is an excellent investment opportunity consisting of four separate single level 1 bedroom, 1 bathroom units and two single car garages. Each unit has its own private laundry and gated outdoor living space. All units are currently occupied with long term tenants on month to month agreements.

Last Agent to Sell the Property

Jarrod Frey

Compass License #01236927 Listed on: 01/29/2020

Compass

Co-Listed By

Rob Montgomery

Arbor Real Estate License #01110479

Last Buyer's Agent

Susan Howlett

Pacific Coast Investment License #00688489

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,059

Year Built

  • Built in 1952

Lot Details

  • 6,501 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4 Sq Ft Home
  • Ceiling Fan
  • Gas Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 1 / A
  • Tax Tract Number 573402
  • Assessor Parcel Number 7216025001

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $3,085
  • Insurance Expense $1,106
  • Maintenance Expense $7,124
  • Other Expense $195
  • Pest Control $420
  • Professional Management Expense $3,841
  • Trash Expense $792
  • Water Sewer Expense $2,052
  • Operating Expense $18,615
  • Gross Income $67,064
  • Net Operating Income $48,449

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,059

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 3841.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2052.00
  • Zoning: SHR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 3085.00
  • Parcel Number: 7216025001
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Room Type: Kitchen, Laundry

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Water Heater
  • Heating Type: Wall Furnace
  • Pest Control Expense: 420.00
  • Sewer: Public Sewer
  • Trash Expense: 792.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Rectangular Lot
  • Lot Size Sq Ft: 6501.00
  • Lot Size Acres: 0.1492

Multi Family

  • Average1 Bed Area: 525 Square Feet
  • Gross Income: 67064.00
  • Gross Scheduled Income: 67064.00
  • Insurance Expense: 1106.00
  • Lot Size Area: 6501.0000 Square Feet
  • Maintenance Expense: 7124.00
  • Net Operating Income: 48449.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 18615.00
  • Other Expense: 195.00
  • Rent Control: No
  • Total Expenses: 18615.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5734.02
  • Tax Lot: 1
  • Tax Tract Number: 573402

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 10, 2020
Sold by
Anast William and Beers Katrina
Bought by
Klein Joseph F and Klein Carolyn W
Seller's Agent
Jarrod Frey
Compass
Buyer's Agent
Susan Howlett
Pacific Coast Investment
List Price
$959,000
Sold Price
$959,000
Total Days on Market
18
Current Estimated Value
$1,346,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,651
Avg. Annual Appreciation
5.89%
Original Mortgage
$765,000
Outstanding Balance
$683,546
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$610,741

Purchase Details

Closed on
Dec 3, 1996
Sold by
Vayumhasuvan Sukanya and Stephanou Stephen E
Bought by
Stephanou Stephen E and The Stephen E & Margarita T St
Source: Public Records

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Range of Values:

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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
Klein Joseph F $957,000 Chicago Title Company
Stephanou Stephen E -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klein Joseph F $765,000
Previous Owner Stephanou Margarita T $2,000
Previous Owner Stephanou Stephen E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2020 03/18/20 Sold $959,000 0.0% $239,750 / Sq Ft
02/16/2020 02/16/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $959,000 -- $239,750 / 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
2024 $14,059 $1,026,095 $750,540 $275,555
2023 $13,827 $1,005,976 $735,824 $270,152
2022 $13,007 $986,252 $721,397 $264,855
2021 $12,756 $966,914 $707,252 $259,662
2020 $3,200 $163,792 $74,450 $89,342
2019 $3,175 $160,582 $72,991 $87,591
2018 $3,034 $157,434 $71,560 $85,874
2016 $2,843 $151,323 $68,782 $82,541
2015 $2,769 $149,051 $67,749 $81,302
2014 $2,784 $146,132 $66,422 $79,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP20021058

California Regional Multiple Listing Service (CRMLS)

APN: 7216-025-001