NOT LISTED FOR SALE

Estimated Value: $1,545,000 - $1,870,059

4 Beds
4 Baths
2,650 Sq Ft
$662/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $1,495,000 $564 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $10,965/month

105 Days on Market

Highlights

  • Laundry Room
  • Landscaped
  • Front Yard
  • Lowell Elementary School Rated A-
  • Wall Furnace
  • 2-minute walk to Livingston Drive Park

About This Home

As of August 2023

Elegance radiates from within this enthralling Spanish Mediterranean duplex that is located in the most prestigious area of Belmont Heights adjacent to the highly desirable Estates Section. The upstairs unit at 250 Park presents 2 beds and 1.5 baths with approximately 1,300 Sqft of living space, high barrel-vaulted ceilings, formal family room with a large picture window, formal dining room with French doors to the cozy balcony, original art deco kitchen and bathrooms, a light and bright breakfast room/office, laundry room with stackable laundry and a private outdoor space. The downstairs unit at 4801 E. Broadway features 2 beds and 1.5 bath with approximately 1,300 SqFt of living space, hardwood floors throughout, formal sunken living room with faux fireplace, formal dining room with French doors, original art deco kitchen and bathrooms, light and bright breakfast room/office and laundry room with stackable laundry. The whole property bestows a masterwork of graceful design, appointed with the proper elements of style and powerful imagery – one look within and you will be spellbound. Rich, intrinsic ornamentation ensues: original wall sconces, stained woodwork, glass and metal knobs, ornate fleur-de-lis entry door, coved ceilings, and several art deco constructed passageways throughout. Additionally, there are 2 single garages with 2 additional parking spaces directly behind them and is situated just a short distance to award winning schools, and a few short blocks to the unique shopping & dining in Belmont Shore, Alamitos Bay & the Beach.

Last Agent to Sell the Property

Kym Elder

Coldwell Banker Realty License #01320231 Listed on: 04/07/2023

Coldwell Banker Realty

Last Buyer's Agent

John Gazdik

Real Estate West, Inc. License #00551752

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 3,696 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,650 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 12 / 10
  • Assessor Parcel Number 7250031013
  • $483 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,800
  • Water Sewer Expense $1,800
  • New Taxes Expense $19,500
  • Operating Expense $25,100
  • Gross Income $64,200
  • Net Operating Income $39,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

3,696 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7250031013
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 564.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped
  • Lot Size Sq Ft: 3696.00
  • Lot Size Acres: 0.0848
  • Latitude Manual: 33.76461900

Multi Family

  • Gross Income: 64200.00
  • Gross Scheduled Income: 64200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 3696.0000 Square Feet
  • Net Operating Income: 39100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 25100.00
  • Rent Control: No
  • Total Expenses: 25100.00

Tax Info

  • New Taxes Expense: 19500.00
  • Tax Block: 10
  • Tax Census Tract: 5774.00
  • Tax Lot: 12
  • TaxOtherAnnualAssessmentAmount: 483.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Jul 27, 2023
Sold by
Erik Bueno Revocable Trust
Bought by
Ran Joseph V and Ran Yen-Linh
Seller's Agent
Kym Elder
Coldwell Banker Realty
Buyer's Agent
John Gazdik
Real Estate West, Inc.
List Price
$1,595,000
Sold Price
$1,495,000
Premium/Discount to List
-$100,000
-6.27%
Views
305
Current Estimated Value
$1,755,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,015
Avg. Annual Appreciation
6.29%

Purchase Details

Closed on
Feb 21, 2005
Sold by
Bueno Erik
Bought by
Bueno Erik and The Erik Bueno Revocable Trust

Purchase Details

Closed on
Dec 17, 2003
Sold by
Stclair Robin K
Bought by
Bueno Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2002
Sold by
Stclair Robin
Bought by
Stclair Robin

Purchase Details

Closed on
May 26, 1994
Sold by
Stclair Robin K
Bought by
Bueno Erik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
4.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ran Joseph V $1,495,000 Ticor Title Company
Bueno Erik -- --
Bueno Erik $64,500 Stewart Title
Stclair Robin -- --
Bueno Erik -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bueno Erik $413,000
Previous Owner Bueno Erik $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2023 08/10/23 Sold $1,495,000 -2.6% $564 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $1,535,000 -3.8% $579 / Sq Ft
04/07/2023 04/07/23 For Sale $1,595,000 -- $602 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,048 $1,524,900 $989,400 $535,500
2024 $19,048 $1,495,000 $970,000 $525,000
2023 $11,469 $881,819 $565,162 $316,657
2022 $10,763 $864,530 $554,081 $310,449
2021 $10,547 $847,579 $543,217 $304,362
2019 $10,397 $822,441 $527,105 $295,336
2018 $10,126 $806,316 $516,770 $289,546
2016 $9,306 $775,007 $496,704 $278,303
2015 $8,929 $763,367 $489,244 $274,123
2014 $8,864 $748,415 $479,661 $268,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23054576

California Regional Multiple Listing Service (CRMLS)

APN: 7250-031-013

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