Seller's Agent in 2019
Denise Reesha
Keller Williams Pacific Estate
(562) 301-9538
59 Total Sales
2508 Elm Ave Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,262,000 - $1,496,380
8
Beds
5
Baths
3,570
Sq Ft
$395/Sq Ft
Est. Value
About This Home
As of October 2019Price reduced! This is an opportunity in the desirable Wrigley area of Long Beach 90806. Upgraded 4 unit property with 3 units in the front building and 1 unit in the newer back building built in 2012. The newer building features energy efficient dual pane windows, new roof, and two large decks. The other three units have some upgrades including granite countertops in kitchens. This pride of ownership property has partially upgraded electrical and copper plumbing, rebuilt front porch and earthquake retrofitting all done with permits. Both buildings have beautifully upgraded exteriors and landscaping. Front and back gate keyless entries, exterior cameras, sprinkler system in front yard, on site laundry room, and gated parking with remote entry. There's an upside in rents and this spacious property is in an up-and-coming neighborhood, close to Memorial Hospital and many new medical buildings/facilities. Ideal for an investor or for an owner who wants to live in one unit. Very good location in 90806, just south of Willow, minutes to shopping center with Albertsons and Starbucks, Bixby Knolls, freeways, and more.
Last Agent to Sell the Property
Keller Williams Pacific Estate License #01411207 Listed on: 02/01/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 5,979 Sq Ft Lot
- 1 Common Wall
- Front Yard Sprinklers
Parking
- 4 Car Garage
Home Design
- 3,570 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 5732
- Assessor Parcel Number 7208004012
Community Details
Overview
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $679
- Insurance Expense $1,404
- Pest Control $816
- Trash Expense $1,200
- Water Sewer Expense $2,899
- New Taxes Expense $14,062
- Operating Expense $21,304
- Gross Income $66,540
- Net Operating Income $45,236
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2019
Closed on
Oct 4, 2019
Sold by
Loo Patrick and Lee Delphine
Bought by
Loo Patrick and Lee Delphine
Seller's Agent
Denise Reesha
Keller Williams Pacific Estate
Buyer's Agent
Marty Stone
Buckingham Investments
List Price
$1,075,000
Sold Price
$1,075,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,095
Avg. Annual Appreciation
4.37%
Original Mortgage
$806,250
Outstanding Balance
$704,755
Interest Rate
3.5%
Estimated Equity
$706,340
Purchase Details
Listed on
Feb 1, 2019
Closed on
Sep 13, 2019
Sold by
Meyer James and Mekis Meyer Jayme
Bought by
Loo Patrick and Lee Delphine
Seller's Agent
Denise Reesha
Keller Williams Pacific Estate
Buyer's Agent
Marty Stone
Buckingham Investments
List Price
$1,075,000
Sold Price
$1,075,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Outstanding Balance
$704,755
Interest Rate
3.5%
Estimated Equity
$706,340
Purchase Details
Closed on
Aug 25, 2017
Sold by
Meyer James A and Mekis Meyer Jayme Lynn
Bought by
Meyer James A and Mekis Meyer Jayme Lynn
Purchase Details
Closed on
Sep 20, 2010
Sold by
Hooper Kymberlyn and Hooper Andre
Bought by
Meyer James and Mekis Jayme L
Purchase Details
Closed on
Nov 11, 2003
Sold by
Gambol Alladin and Gambol Mercy
Bought by
Hooper Andre and Hooper Kymberlyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 5, 2002
Sold by
Khan Azam and Youssefzadeh Atabak
Bought by
Gambol Alladin and Gambol Mercy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
6.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 2000
Sold by
Danesh Natalie
Bought by
Youssefzadeh Atabak
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,990
Interest Rate
8.53%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 8, 2000
Sold by
World Svgs Bank Fsb
Bought by
Khan Azam and Youssefzadeh Atabak
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,990
Interest Rate
8.53%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 10, 2000
Sold by
Marks Carl and Cuellar Marks Fannie
Bought by
World S & L Assn
Purchase Details
Closed on
Feb 29, 1996
Sold by
Rikelman Herbert
Bought by
Tarver Elmer R and Tarver Valerie L
Purchase Details
Closed on
Dec 9, 1995
Sold by
Ibarra Bernabe V
Bought by
Rikelman Herbert and Rikelman Sharon
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loo Patrick | -- | Accommodation | |
| Loo Patrick | $1,075,000 | Lawyers Title Company | |
| Meyer James A | -- | None Available | |
| Meyer James | $270,000 | Ticor Title Tustin Orange Co | |
| Hooper Andre | $455,000 | Chicago Title Co | |
| Gambol Alladin | $214,000 | Southland Title | |
| Youssefzadeh Atabak | -- | Southland Title Of San Diego | |
| Khan Azam | $201,000 | Southland Title | |
| Khan Azam | -- | -- | |
| World S & L Assn | $195,357 | -- | |
| Tarver Elmer R | -- | -- | |
| Rikelman Herbert | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loo Patrick | $806,250 | |
| Previous Owner | Hooper Andre | $364,000 | |
| Previous Owner | Gambol Alladin | $171,200 | |
| Previous Owner | Khan Azam | $198,990 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2019 10/10/19 | Sold | $1,075,000 | 0.0% | $301 / Sq Ft |
| 08/02/2019 08/02/19 | Pending | -- | -- | -- |
| 07/19/2019 07/19/19 | For Sale | $1,075,000 | 0.0% | $301 / Sq Ft |
| 07/15/2019 07/15/19 | Off Market | $1,075,000 | -- | -- |
| 06/18/2019 06/18/19 | For Sale | $1,075,000 | 0.0% | $301 / Sq Ft |
| 06/17/2019 06/17/19 | Off Market | $1,075,000 | -- | -- |
| 06/04/2019 06/04/19 | Price Changed | $1,075,000 | -1.3% | $301 / Sq Ft |
| 04/08/2019 04/08/19 | Price Changed | $1,089,000 | -0.9% | $305 / Sq Ft |
| 03/11/2019 03/11/19 | Price Changed | $1,099,000 | -1.4% | $308 / Sq Ft |
| 02/01/2019 02/01/19 | For Sale | $1,115,000 | -- | $312 / 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 | $15,316 | $1,175,665 | $546,820 | $628,845 |
| 2024 | $15,316 | $1,152,614 | $536,099 | $616,515 |
| 2023 | $15,054 | $1,130,015 | $525,588 | $604,427 |
| 2022 | $14,136 | $1,107,859 | $515,283 | $592,576 |
| 2021 | $13,845 | $1,086,137 | $505,180 | $580,957 |
| 2020 | $13,809 | $1,075,320 | $500,000 | $575,320 |
| 2019 | $6,411 | $456,126 | $229,698 | $226,428 |
| 2018 | $6,198 | $447,190 | $225,195 | $221,995 |
| 2016 | $5,695 | $429,519 | $216,451 | $213,068 |
| 2015 | $5,479 | $423,068 | $213,200 | $209,868 |
| 2014 | $5,465 | $414,781 | $209,024 | $205,757 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Reesha
-
Marty Stone
Buyer's Agent in 2019
Marty Stone
Buckingham Investments
(310) 322-9763
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19024075
APN: 7208-004-012
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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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