NOT LISTED FOR SALE

2532 E Adams St Long Beach, CA 90810

Estimated Value: $796,000 - $924,000

5 Beds
3 Baths
1,875 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $469,000 $250 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,199/month

8 Days on Market

Highlights

  • 5,405 Acre Lot
  • Main Floor Primary Bedroom
  • Private Yard
  • Contemporary Architecture
  • Granite Countertops
  • 2 Car Direct Access Garage

About This Home

As of August 2014

READY TO MOVE-IN CLEAN AND SPACIOUS 2 UNITS. FRONT UNIT 3 BEDROOM 2BATH, BACK UNIT 2 BEDROOM 1 BATH. PROPERTY IS REMODELED. GREAT INVESTMENT! OFFERS SEPARATE METERS, 2 CAR GARAGE.

Last Agent to Sell the Property

JULIAN AGUILERA

ALLIED, REALTORS License #01101569 Listed on: 06/25/2014

Last Buyer's Agent

Todd Kobayashi

Realty Moves License #01917992

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,026

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 5,405 Acre Lot
  • No Common Walls
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Turnkey
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,875 Sq Ft Home
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Fire and Smoke Detector
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 682
  • Tax Tract Number 6720
  • Assessor Parcel Number 7316001003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $200
  • New Taxes Expense $3,527
  • Gross Income $3,400
  • Net Operating Income $3,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,026

Year Built

Built in 1957 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Improvements Amount: 123980
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7316001003
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 250.13
  • Room Type: Master Bedroom, Main Floor Bedroom, Main Floor Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access, Garage - Single Door, Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Level with Street, Sprinkler System, Yard
  • Lot Size Sq Ft: 235441800.00
  • Lot Size Acres: 5405.0000

Multi Family

  • Gross Income: 3400.00
  • Gross Scheduled Income: 3400.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5405.0000 Acres
  • Net Operating Income: 3400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Drapes: 2
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3527.00
  • Tax Lot: 682
  • Tax Tract Number: 6720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2014
Closed on
Aug 19, 2014
Sold by
Holguin Annette M
Bought by
Avila Fredy Ramos and Ramos Lucia
Seller's Agent
JULIAN AGUILERA
ALLIED, REALTORS
Buyer's Agent
Todd Kobayashi
Realty Moves
List Price
$475,000
Sold Price
$469,000
Premium/Discount to List
-$6,000
-1.26%
Current Estimated Value
$862,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,041
Avg. Annual Appreciation
5.69%
Original Mortgage
$469,000
Interest Rate
4.11%
Mortgage Type
VA

Purchase Details

Closed on
Jan 26, 2011
Sold by
Delcastillo Elias M and Delcastillo Del Castillo
Bought by
Holguin Annette M

Purchase Details

Closed on
Mar 10, 2002
Sold by
Delcastillo Elias M and Delcastillo Maricela
Bought by
Delcastillo Elias M and Delcastillo Maricela

Purchase Details

Closed on
Aug 31, 1993
Sold by
Kulin William J and Kulin Lilia B
Bought by
Delcastillo Elias M and Delcastillo Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,160
Interest Rate
7.28%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Avila Fredy Ramos $469,000 Chicago Title
Holguin Annette M $247,000 Lawyers Title
Delcastillo Elias M -- --
Delcastillo Elias M $168,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avila Fredy Ramos $410,100
Closed Avila Fredy Ramos $466,675
Closed Avila Fredy Ramos $461,637
Closed Avila Fredy Ramos $469,000
Previous Owner Holguin Annette M $148,200
Previous Owner Delcastillo Elias M $442,500
Previous Owner Delcastillo Elias M $350,000
Previous Owner Delcastillo Elias $60,000
Previous Owner Delcastillo Elias M $188,000
Previous Owner Delcastillo Elias M $165,160
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $469,000 -1.3% $250 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $475,000 -- $253 / 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 $6,026 $563,660 $240,367 $323,293
2024 $6,026 $552,608 $235,654 $316,954
2023 $5,961 $541,774 $231,034 $310,740
2022 $5,765 $531,152 $226,504 $304,648
2021 $5,678 $520,738 $222,063 $298,675
2020 $5,681 $515,400 $219,787 $295,613
2019 $5,498 $505,295 $215,478 $289,817
2018 $6,973 $495,388 $211,253 $284,135
2016 $6,693 $476,152 $203,050 $273,102
2015 $7,025 $469,000 $200,000 $269,000
2014 $4,142 $258,144 $154,678 $103,466
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14133783

California Regional Multiple Listing Service (CRMLS)

APN: 7316-001-003