NOT LISTED FOR SALE

2486 Pasadena Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $832,000 - $965,000

2 Beds
4 Baths
1,960 Sq Ft
$454/Sq Ft Est. Value

Last Sold December 26, 2019

Last sale price $689,000 $352 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,404/month

368 Days on Market

About This Home

As of December 2019

Great investment opportunity! Investors take a look at this 4 unit property! Front Duplex has 2 1 bedroom and 1 bathroom units. Back building has 4 garages on the first floor and 2 1 bedroom units on the second floor. There is plenty of yard space between both buildings. Close to Memorial Hospital and many new medical buildings/facilities. Ideal fixer upper. Very good location in 90806, just south of Willow, minutes to shopping center with Albertsons and Starbucks, Bixby Knolls, freeways, and more. This is a MUST see property!

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Pacific Estates Cerritos License #01801444 Listed on: 10/22/2019

Last Buyer's Agent

KIM HO

Ashby & Graff License #02054393

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,928 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 1,960 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7208-008-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1960
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 351.53

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 66181
  • Assessed Land Value: 131020
  • Assessor Parcel Number: 7208-008-002
  • Geocode Override: No
  • Lot Size Area: 5928

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: 4 units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Nov 13, 2019
Sold by
Young Angela M and Angela M Young Family Trust
Bought by
Kim Stephanie and Ho Kim
Seller's Agent
Adrian Cafuentes
Keller Williams Pacific Estates Cerritos
Buyer's Agent
KIM HO
Ashby & Graff
List Price
$689,000
Sold Price
$689,000
Current Estimated Value
$888,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,920
Avg. Annual Appreciation
4.28%
Original Mortgage
$494,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2005
Sold by
Young Angela M
Bought by
Young Angela M and Angela M Young Family Trust

Purchase Details

Closed on
Mar 9, 1999
Sold by
Titanium Investment
Bought by
Young Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,310
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1999
Sold by
Federal Housing Relief
Bought by
Titanian Investments

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,310
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 1999
Sold by
Gorden H J
Bought by
Federal Housing Relief

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,310
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 8, 1997
Sold by
Homecomings Financial Network Inc
Bought by
Gorden H J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,115
Interest Rate
7.3%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1997
Sold by
Great Western Bank Fsb
Bought by
Homecomings Financial Network Inc

Purchase Details

Closed on
Feb 21, 1997
Sold by
Martins Venancio J and Great Western Bank Fsb
Bought by
Great Western Bank Fsb
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
Kim Stephanie $659,000 Fidelity National Title Co
Young Angela M -- --
Young Angela M $250,000 United Title Company
Titanian Investments -- --
Federal Housing Relief -- --
Gorden H J $149,000 Fidelity National Title Co
Homecomings Financial Network Inc -- Fidelity Title
Great Western Bank Fsb $130,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Stephanie $494,250
Previous Owner Young Angela M $241,310
Previous Owner Gorden H J $146,115
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2019 12/26/19 Sold $689,000 0.0% $352 / Sq Ft
10/25/2019 10/25/19 Pending -- -- --
10/22/2018 10/22/18 For Sale $689,000 -- $352 / Sq Ft
Source: The MLS

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 $9,454 $720,708 $492,139 $228,569
2024 $9,454 $706,578 $482,490 $224,088
2023 $9,288 $692,725 $473,030 $219,695
2022 $8,725 $679,143 $463,755 $215,388
2021 $8,543 $665,827 $454,662 $211,165
2019 $3,169 $205,446 $136,312 $69,134
2018 $3,024 $201,424 $133,640 $67,784
2016 $2,788 $193,335 $128,451 $64,884
2015 $2,688 $190,432 $126,522 $63,910
2014 $2,692 $186,703 $124,044 $62,659
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Adrian Cafuentes

    Keller Williams Pacific Estates Cerritos

  • K

    Buyer's Agent in 2019

    KIM HO

    Ashby & Graff

    (310) 980-9063

    2 Total Sales

    KIM HO
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Map

Source: The MLS

MLS Number: 19-523108

The MLS

APN: 7208-008-002

California Los Angeles County Long Beach 90806 Sunrise

2486 Pasadena Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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