NOT LISTED FOR SALE

2510 E Harrison St Long Beach, CA 90810

Estimated Value: $419,000 - $716,596

2 Beds
2 Baths
960 Sq Ft
$603/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $470,000 $490 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,565/month

9 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 1-Story Property
  • Laundry Room

About This Home

As of July 2023

This amazing property is located in the highly sought-after South Bay area on E Harrison St., just east of Alameda St. in Carson, CA. Situated in a garden street neighborhood, the property offers easy access to Long Beach, Downtown Los Angeles, LAX, and SoFi Stadium. The property consists of two detached cottages, each approximately 480 SF in size. Each unit features one bedroom, one bathroom, and a convenient washer/dryer setup. Currently, both units are occupied by Section-8 tenants, ensuring a reliable and steady income stream. The lot spans approximately 6,041 SF and occupies a corner location with alleyway access. A preliminary zoning analysis suggests: that the current zoning and lot size allows for a new triplex development. With a floor area ratio (FAR) of 0.55, each unit could be significantly expanded to approximately 1,100 SF. This presents an incredible opportunity to cash-flow the property while you conduct research and obtain the necessary permits. To ensure accuracy and compliance, it is advised that the buyer conducts their own investigation. The property is being sold in “As-Is” condition. Don’t miss out on this chance to invest in a potential triplex development in a great location. Act fast before it’s too late!

Last Agent to Sell the Property

Matthew Sillaman

LB Property Management Inc License #01925847 Listed on: 06/12/2023

Last Buyer's Agent

Matthew Sillaman

LB Property Management Inc License #01925847 Listed on: 06/12/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,041 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1467
  • Tax Tract Number 7644
  • Assessor Parcel Number 7308007010
  • $1,251 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $875
  • Maintenance Expense $1,000
  • Pest Control $300
  • Water Sewer Expense $1,000
  • New Taxes Expense $5,959
  • Operating Expense $10,334
  • Gross Income $39,768
  • Net Operating Income $29,435

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Zoning: CARM25U*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7308007010
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 489.58

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6041.00
  • Lot Size Acres: 0.1387

Multi Family

  • Average1 Bed Area: 480 Square Feet
  • Gross Income: 39768.00
  • Gross Scheduled Income: 39768.00
  • Insurance Expense: 875.00
  • Lot Size Area: 6041.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 29435.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10334.00
  • Rent Control: Yes
  • Total Expenses: 10334.00

Tax Info

  • New Taxes Expense: 5959.00
  • Tax Census Tract: 5440.01
  • Tax Lot: 1467
  • Tax Tract Number: 7644
  • TaxOtherAnnualAssessmentAmount: 1251.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jun 30, 2023
Sold by
Yourist 2019 Family Trust
Bought by
Mfb Rentals Llc
Seller's Agent
Matthew Sillaman
LB Property Management Inc
Buyer's Agent
Matthew Sillaman
LB Property Management Inc
List Price
$425,000
Sold Price
$470,000
Premium/Discount to List
$45,000
10.59%
Views
183
Current Estimated Value
$568,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,535
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Jun 17, 2019
Sold by
Youri
Bought by
Youri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Closed on
Sep 20, 2010
Sold by
Maverick Properties Llc
Bought by
Yourist David N and Yourist Luise G

Purchase Details

Closed on
May 20, 2010
Sold by
East Harrison Street Inc
Bought by
Yourist David N and Yourist Luise G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,678
Interest Rate
5.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 19, 2010
Sold by
Yourist David N and Yourist Luise G
Bought by
Maverick Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,678
Interest Rate
5.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 27, 2008
Sold by
Yourist David N and Yourist Luise G
Bought by
East Harrison Street Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2008
Sold by
Us Bank Na
Bought by
Yourist David N and Yourist Luise G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2007
Sold by
Savini Togiva and Savini Faafiu
Bought by
Us Bank Na and Structured Asset Securities Corp 2006-Bc

Purchase Details

Closed on
May 1, 2006
Sold by
Savini Togiva and Savini Faafiu
Bought by
Savini Togiva and Savini Faafiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
9.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Savini Joyce R
Bought by
Savini Togiva and Savini Faafiu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,900
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 18, 2004
Sold by
Savini Joyce and Laulusa Joyce R
Bought by
Savini Joyce R and Savini Togiva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2002
Sold by
Shahco Inc
Bought by
Laulusa Joyce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9.25%

Purchase Details

Closed on
Sep 19, 2000
Sold by
Chase Manhattan Bank
Bought by
Shahco Inc

Purchase Details

Closed on
Jul 19, 2000
Sold by
Mason Virginia A
Bought by
First Alliance Mtg Loan Trust 1994-2

Purchase Details

Closed on
Apr 1, 1998
Sold by
Mason Virginia A
Bought by
Montiel Tulia

Purchase Details

Closed on
Feb 8, 1994
Sold by
Mason Virginia A
Bought by
Mason Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mfb Rentals Llc $470,000 Fidelity National Title
Youri -- --
Yourist David N -- None Available
Yourist David N -- Lawyers Title
Maverick Properties Llc $39,500 Lawyers Title
East Harrison Street Inc -- None Available
Yourist David N $275,000 First American Title Ins Co
Us Bank Na $316,200 Alliance Title Company
Savini Togiva -- Fidelity National Title
Savini Togiva -- Financial Title Company La
Savini Joyce R -- First American Title Company
Laulusa Joyce R $144,000 Fidelity National Title Ins
Shahco Inc $92,000 Fidelity National Title
First Alliance Mtg Loan Trust 1994-2 $80,928 American Title Co
Montiel Tulia -- --
Mason Virginia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youri --
Previous Owner Maverick Properties Llc $214,678
Previous Owner Yourist David N $220,000
Previous Owner Savini Togiva $436,500
Previous Owner Savini Togiva $315,900
Previous Owner Savini Joyce R $222,000
Previous Owner Laulusa Joyce R $104,000
Previous Owner Mason Virginia A $76,500
Closed Laulusa Joyce R $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $470,000 +10.6% $490 / Sq Ft
06/12/2023 06/12/23 For Sale $425,000 -- $443 / 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 $6,926 $479,400 $373,320 $106,080
2024 $6,926 $470,000 $366,000 $104,000
2023 $4,694 $285,347 $173,692 $111,655
2022 $4,466 $279,753 $170,287 $109,466
2021 $4,403 $274,269 $166,949 $107,320
2020 $4,364 $271,458 $165,238 $106,220
2019 $4,220 $266,137 $161,999 $104,138
2018 $4,168 $260,920 $158,823 $102,097
2016 $4,015 $250,790 $152,656 $98,134
2015 $3,921 $247,023 $150,363 $96,660
2014 $3,912 $242,185 $147,418 $94,767
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Matthew Sillaman

    LB Property Management Inc

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23104152

California Regional Multiple Listing Service (CRMLS)

APN: 7308-007-010

California Los Angeles County Long Beach 90810

2510 E Harrison St, Long Beach, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes