NOT LISTED FOR SALE

2466 Elm Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $695,000 - $1,026,000

4 Beds
2 Baths
1,899 Sq Ft
$483/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $900,000 $474 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,764/month

4 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A
  • 2 Car Garage
  • 1-Story Property

About This Home

As of August 2023

Two houses on one Lot. BOTH DELIVERED VACANT!!! All structures EXTENSIVELY remodeled inside and out. NEW COPPER PLUMBING on both units. Both houses are COMPLETELY REWIRED. UPGRADED ELECTRICAL PANEL on both units. New VINYL WINDOWS, NEW ROOF on all structures, New LIGHTING THROUGHOUT with extensive recessed lighting. All new VINYL PLANK FLOORING, Modern kitchens with new cabinetry and countertops. REMODELED BATHROOMS. New interior/exterior paint. Extra deep garage is drywalled with epoxy flooring--seems perfect for ADU.

Last Agent to Sell the Property

Robert Compean

Urban Street Ventures, Inc License #01001161 Listed on: 07/28/2023

Last Buyer's Agent

Joshua Siber

Real Broker License #02025961

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 6,085 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,899 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 2268
  • Assessor Parcel Number 7208009005
  • $526 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7208009005
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Price Per Square Foot: 473.93

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Other

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6085.00
  • Lot Size Acres: 0.1397

Multi Family

  • Lot Size Area: 6085.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5732.01
  • Tax Lot: 16
  • Tax Tract Number: 2268
  • TaxOtherAnnualAssessmentAmount: 526.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Aug 8, 2023
Sold by
Urban Street Ventures Inc
Bought by
Mcguinness Maura
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Joshua Siber
Real Broker
List Price
$845,000
Sold Price
$900,000
Premium/Discount to List
$55,000
6.51%
Views
69
Current Estimated Value
$916,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,556
Avg. Annual Appreciation
0.78%
Original Mortgage
$600,000
Outstanding Balance
$584,468
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$332,088

Purchase Details

Listed on
Feb 2, 2023
Closed on
Feb 23, 2023
Sold by
Smith Jerline and Smith Danianke T
Bought by
Urban Street Ventures Inc
Seller's Agent
Lovell Bowen
eXp Realty of Greater L.A
Buyer's Agent
Lovell Bowen
eXp Realty of Greater L.A
List Price
$649,995
Sold Price
$540,000
Premium/Discount to List
-$109,995
-16.92%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
196.50%
Original Mortgage
$604,100
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2003
Sold by
Smith Robert E
Bought by
Smith Jerline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
11.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Mcguinness Maura $900,000 Orange Coast Title
Urban Street Ventures Inc $540,000 Orange Coast Title Company
Smith Jerline -- Security Union Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguinness Maura $600,000
Previous Owner Urban Street Ventures Inc $604,100
Previous Owner Smith Jerline $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $900,000 0.0% $474 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
08/01/2023 08/01/23 Price Changed $900,000 +2.3% $474 / Sq Ft
07/31/2023 07/31/23 Price Changed $880,000 +4.1% $463 / Sq Ft
07/28/2023 07/28/23 For Sale $845,000 +56.5% $445 / Sq Ft
03/13/2023 03/13/23 Sold $540,000 -16.9% $284 / Sq Ft View Prior Sale
02/02/2023 02/02/23 For Sale $649,995 -- $342 / 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
2025 $11,711 $918,000 $642,600 $275,400
2024 $11,711 $900,000 $630,000 $270,000
2023 $8,824 $665,856 $353,736 $312,120
2022 $1,690 $97,902 $40,460 $57,442
2021 $1,644 $95,983 $39,667 $56,316
2020 $1,639 $95,000 $39,261 $55,739
2019 $1,622 $93,139 $38,492 $54,647
2018 $1,462 $91,314 $37,738 $53,576
2016 $1,339 $87,771 $36,274 $51,497
2015 $1,293 $86,454 $35,730 $50,724
2014 $1,298 $84,762 $35,031 $49,731
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Compean

    Urban Street Ventures, Inc

    (949) 241-9644

    2 in this area

    51 Total Sales

    Robert Compean
    Section Image
  • Lovell Bowen

    Seller's Agent in 2023

    Lovell Bowen

    eXp Realty of Greater L.A

    (562) 544-6446

    1 in this area

    8 Total Sales

    Lovell Bowen
    Section Image

  • J

    Buyer's Agent in 2023

    Joshua Siber

    Real Broker

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23139709

California Regional Multiple Listing Service (CRMLS)

APN: 7208-009-005

California Los Angeles County Long Beach 90806 Sunrise

2466 Elm Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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