NOT LISTED FOR SALE

2501 E Ocean Blvd Long Beach, CA 90803

Bluff Park Neighborhood

Estimated Value: $3,297,000 - $5,762,000

4 Beds
2.5 Baths
3,759 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $3,100,000 $825 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $25,398/month

14 Days on Market

Highlights

  • Ocean Front
  • Guest House
  • Primary Bedroom Suite
  • Woodrow Wilson High School Rated A
  • Black Bottom Pool
  • Ocean Side of Highway 1

About This Home

As of September 2016

This is a "One of a Kind" Long Beach Landmark Home.This Classic 3759 Sq. Ft. Spanish Masterpiece was built in 1928 with an Incredible Attention to Detail, using only the Finest of Materials, Quality and Craftsmanship.This Rare Jewel has so many Custom features that you must see it and appreciate all the Character and Charm.Located on the Bluff, near the L. B. Museum of Art,w/ Panoramic Ocean Views of Catalina Island,The Queen Mary,The Ocean,Alamitos Beach.Special Features include:Formal Entry, Formal Living Room w/ Nautical Peg & Grooved Wood Plank Flooring,Two Story Cathedral Ceilings with Carved Wood Beams,Stunning Baccarat Crystal Chandelier, Arched Picture Window Overlooking The Ocean and The Bluff, Beautiful Wood Burning Fireplace,Wrought Iron Railings & Sconces, as well as, other Details, Stained Glass, Hand Painted Stenciled Ceilings in the Formal Entry and Formal Dining Room, upgraded Kitchen with Stainless Appliances and Imported Tiles.There is a Custom Built In-Ground,Black Bottom Swimming Pool and Spa,as well as, a Bonus 1000 Sq. Ft. Guest House with One Bedroom and Living Room and Custom Kitchen.Below the Guest House has a Spacious Three Car Garage,Office and Bath. Guest House is not included in the $876.56 per Sq. Ft. Main House calculation.

Last Agent to Sell the Property

Keith Muirhead

Vista Sotheby's Int'l Realty License #01228376 Listed on: 07/20/2016

Vista Sotheby's Int'l Realty

Last Buyer's Agent

john tang

Itoren Corporation License #01396961

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 9,960 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Ocean Front
  • Home fronts navigable water
  • Property fronts an alley
  • Fenced
  • Fence is in excellent condition
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Side Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Front Yard

Parking

  • 5 Car Direct Access Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage
  • Side Facing Garage
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • White Water Ocean
  • Coastline
  • Bay
  • Harbor
  • Views of a pier
  • Catalina
  • Panoramic
  • Woods
  • Bluff
  • Pool

Home Design

  • Spanish Architecture
  • Turnkey
  • Barrel Roof Shape
  • Raised Foundation
  • Tile Roof
  • Clay Roof
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 3,759 Sq Ft Home
  • Wet Bar
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Awning
  • Custom Window Coverings
  • French Mullion Window
  • Stained Glass
  • Wood Frame Window
  • Casement Windows
  • French Doors
  • Formal Entry
  • Great Room
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Workshop
  • Storage
  • Laundry Room
  • Basement

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Range Hood
  • Ceramic Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Black Bottom Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Spa
  • Waterfall Pool Feature

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Highway 1
  • Balcony
  • Tile Patio or Porch
  • Terrace
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Guest House

Location

  • Property is near park and public transit

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • 220 Volts For Spa
  • Sewer on Bond

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7264
  • Assessor Parcel Number 7264023021

Home Details

Home Type

Single Family

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7264023021
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3759.00
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Built-in Features, Balcony, Cathedral Ceiling(s), Ceramic Counters, Crown Molding, Copper Plumbing Full, High Ceilings, Storage, Tile Counters, Two Story Ceilings, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 824.69
  • Room Type: Basement, Den, Entry, Family Room, Formal Entry, Foyer, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Office, Two Masters, Workshop
  • Spa Features: Gunite, In Ground
  • Window Features: Casement Windows, Custom Covering, Drapes, French/Mullioned, Stained Glass, Wood Frames

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House, Two On A Lot
  • Exterior Features: Awning(s), Barbecue Private, Lighting, Rain Gutters
  • View: Bay, Bluff, Catalina, Coastline, Harbor, Ocean, Panoramic, Pool, Pier, Trees/Woods, Water, White Water
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Patio, Terrace, Tile
  • Pool Features: Black Bottom, Heated, In Ground, Lap, Waterfall
  • Pool Private: Yes
  • Roof: Barrel, Clay, Tile
  • Spa: Yes
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Covered, Concrete, Driveway, Direct Garage Access, Garage, Garage Door Opener, Off Street, On Site, Oversized, Private, Garage Faces Rear, Side by Side, Garage - Single Door, Garage Faces Side, Built-In Storage, Garage - Two Door
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Range Hood, Refrigerator
  • Electric: 220 Volts For Spa, Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Sewer On Bond
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Bluff, Front Yard, Garden, Level, Lawn, Landscaped, Rectangular Lot, Level with Street, Lot 10000-19999 Sqft, Paved, Park Nearby, Corner Lot, Sprinklers On Side, Sprinkler System, Near Public Transit, Utilities - Overhead, Yard
  • Lot Size: 50x200
  • Lot Size Sq Ft: 9960.00
  • Price Per Lot Square Foot: 311.24

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Waterfront Features: Beach Access, Navigable Water, Ocean Access, Ocean Front, Ocean Side Of Highway 1, Ocean Side of Freeway

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 7264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 5, 2016
Sold by
Cavanna Peter J
Bought by
Lim Alexander H and Chor Muy
Seller's Agent
Keith Muirhead
Vista Sotheby's Int'l Realty
Buyer's Agent
john tang
Itoren Corporation
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%
Current Estimated Value
$4,202,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,102,087
Avg. Annual Appreciation
3.30%

Purchase Details

Closed on
May 5, 2003
Sold by
Cavanna Peter J
Bought by
Cavanna Peter J and Cavanna Eva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,350
Interest Rate
5.77%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Hess Alton C
Bought by
Cavanna Peter J and Bair Eva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
8.14%
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
Lim Alexander H $3,055,000 Ortc
Cavanna Peter J -- Landsafe Title
Cavanna Peter J $875,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cavanna Peter J $441,350
Previous Owner Cavanna Peter J $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2016 09/08/16 Sold $3,100,000 -5.9% $825 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $3,295,000 -- $877 / 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 $43,698 $3,545,584 $2,836,469 $709,115
2024 $43,698 $3,476,063 $2,780,852 $695,211
2023 $42,982 $3,407,906 $2,726,326 $681,580
2022 $40,298 $3,341,085 $2,672,869 $668,216
2021 $39,546 $3,275,574 $2,620,460 $655,114
2019 $38,980 $3,178,421 $2,542,737 $635,684
2018 $37,982 $3,116,100 $2,492,880 $623,220
2016 $14,224 $1,203,839 $645,259 $558,580
2015 $13,644 $1,185,757 $635,567 $550,190
2014 $13,533 $1,162,531 $623,118 $539,413
Source: Public Records

Agents Affiliated with this Home

  • Keith Muirhead

    Seller's Agent in 2016

    Keith Muirhead

    Vista Sotheby's Int'l Realty

    (562) 682-1558

    50 Total Sales

    Keith Muirhead
    Section Image

  • j

    Buyer's Agent in 2016

    john tang

    Itoren Corporation

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16159397

California Regional Multiple Listing Service (CRMLS)

APN: 7264-023-021

California Los Angeles County Long Beach 90803 Bluff Park

2501 E Ocean Blvd, Long Beach, CA

Not Listed for Sale

Detached

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