Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
1 in Zaferia
$415,555 Price
2425 E 15th St Long Beach, CA 90804
Zaferia Neighborhood
14
Beds
7
Baths
4,754
Sq Ft
5,855
Sq Ft Lot
Highlights
- Tile Flooring
- Rectangular Lot
- Wall Furnace
- Woodrow Wilson High School Rated A
About This Home
As of July 2022Rare opportunity to pick up a 7 unit-- 2 bedroom 1 bathroom income rental property with excellent history, low maintenance and monthly expenses. Owner has remodeled 5 units, 4 recently in the past 1-2 years. New roof recently installed. Fumigation recently done. New water heater recently installed. Exterior paint recently done. Newer stair railings. Extensive remodeling on the structure of the carport in 2007. 6 units of granite kitchen countertop.
Excellent location! Short drive to Long Beach Waterfront, Queen Mary, Cal State Long Beach, Leisure World, Seal Beach, Long Beach Museum of Art, shops, restaurants, public transportation. Lots of upside rent potential. Property is sold in "as is" condition. First time on the market in 20 years. Well cared for and looked after by owner.
Last Agent to Sell the Property
Jennifer Mei Lee License #01297473 Listed on: 06/09/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 5,855 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Home Design
- Partial Copper Plumbing
Interior Spaces
- 4,754 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Gas Oven
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Bathrooms
Parking
- 4 Open Parking Spaces
- 8 Parking Spaces
- 4 Carport Spaces
Utilities
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 97
- Tax Tract Number 1577
- Assessor Parcel Number 7260012015
Community Details
Overview
- 7 Units
- Eastside Subdivision
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $427
- Insurance Expense $2,209
- Other Expense $1,258
- Professional Management Expense $3,600
- Trash Expense $2,322
- Water Sewer Expense $2,448
- New Taxes Expense $29,000
- Operating Expense $42,055
- Gross Income $144,600
- Net Operating Income $102,545
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
Listed on
Jun 9, 2022
Closed on
Jun 20, 2022
Sold by
Bought by
Seller's Agent
Jennifer Lee Chang
Jennifer Mei Lee
Buyer's Agent
Nina Le
Buckingham Investments, Inc
List Price
$1,998,000
Sold Price
$2,102,000
Premium/Discount to List
$104,000
5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2004
Sold by
Bought by
Purchase Details
Closed on
Oct 17, 2002
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
$230,000
Interest Rate
6.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 4, 2002
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
$230,000
Interest Rate
6.05%
Mortgage Type
Commercial
Purchase Details
Closed on
May 8, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Zaferia, CA
-
Dave Shorter
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
185 Total Sales
1 in Zaferia
$625,000 Price
-
David Feldberg
David Feldberg
Coastal Real Estate Group
(949) 989-5690
57 Total Sales
2 in Zaferia
$660,000 Price Range
-
Rainer Pedraz
Rainer Pedraz
Responds QuicklyKELLER WILLIAMS REALTY COLLEGE PARK
(424) 371-7853
42 Total Sales
2 in Zaferia
$825,000 Price Range
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
25 Total Sales
1 in Zaferia
$1,050,000 Price
-
Vanessa Velardez
Vanessa Velardez
Coldwell Banker Residential Br
(424) 242-1252
24 Total Sales
2 in Zaferia
$465,000 Price Range
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 |
|---|---|---|---|
| $2,102,000 | Ticor Title | ||
| -- | -- | ||
| -- | Commonwealth Land Title Co | ||
| $355,000 | Commonwealth Land Title Co | ||
| -- | Commonwealth Land Title |
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 | $1,235,000 | ||
| Closed | $1,250,000 | ||
| Previous Owner | $725,000 | ||
| Previous Owner | $525,000 | ||
| Previous Owner | $607,000 | ||
| Previous Owner | $350,000 | ||
| Previous Owner | $230,000 |
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 |
|---|---|---|---|---|
| 07/07/2022 07/07/22 | Sold | $2,102,000 | +5.2% | $442 / Sq Ft |
| 06/09/2022 06/09/22 | For Sale | $1,998,000 | -- | $420 / 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 | $29,224 | $2,186,920 | $1,352,520 | $834,400 |
| 2024 | $27,953 | $2,144,040 | $1,326,000 | $818,040 |
| 2023 | $27,480 | $2,102,000 | $1,300,000 | $802,000 |
| 2022 | $7,043 | $484,483 | $272,950 | $211,533 |
| 2021 | $6,865 | $474,985 | $267,599 | $207,386 |
| 2020 | $6,846 | $470,256 | $264,856 | $205,400 |
| 2019 | $6,767 | $461,039 | $259,663 | $201,376 |
| 2018 | $6,532 | $452,003 | $254,572 | $197,431 |
| 2016 | $6,002 | $434,319 | $244,688 | $189,631 |
| 2015 | $5,780 | $427,796 | $241,013 | $186,783 |
| 2014 | $5,776 | $419,417 | $236,292 | $183,125 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Lee Chang
J
Seller's Agent in 2022
Jennifer Lee Chang
Jennifer Mei Lee
(626) 626-8909
1 in this area
11 Total Sales
-
Nina Le
Buyer's Agent in 2022
Nina Le
Buckingham Investments, Inc
(818) 415-9362
2 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22121606
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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