NOT LISTED FOR SALE

2557 Eucalyptus Ave Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $1,090,000 - $1,248,000

5 Beds
4 Baths
3,040 Sq Ft
$391/Sq Ft Est. Value

Last Sold January 09, 2013

Last sale price $485,000 $160 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $6,898/month

9 Days on Market

Highlights

  • Parking available for a boat
  • Wood Flooring
  • No Heating
  • Boat Slip

About This Home

As of January 2013

QUADRUPLEX (4 UNITS) 1 BEDROOM 1BATH SOME OF THE UNITS HAVE BEEN UPGRADED.ONE UNIT HAS BEEN CONVERTED TO 2 BEDROOMS NONE PERMITED. GREAT AREA,GREAT CURB APPEAL,GREAT INCOME.SO BRING YOUR FULL PRICE OFFER QUICK! LONG TERM TENANTS NEEDS A LITTLE TLC.

Last Agent to Sell the Property

Elias Corral

Dream Home Realty.com License #01760055 Listed on: 12/03/2012

Last Buyer's Agent

Tony Picciolo

Coldwell Banker Realty License #01788377

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,534

Parking

  • 4 Car Garage
  • Carport
  • Shared Driveway
  • On-Street Parking
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Stucco

Interior Spaces

  • 3,040 Sq Ft Home
  • Wood Flooring
  • Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Microwave

Additional Features

  • Boat Slip
  • No Heating

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 9
  • Tax Tract Number 5731
  • Assessor Parcel Number 7205001010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $2,500
  • Trash Expense $780
  • Water Sewer Expense $1,560
  • New Taxes Expense $6,062
  • Gross Income $39,000
  • Net Operating Income $33,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 6.88
  • View: No
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7205001010
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 159.54

Exterior Features

  • Exterior Features: Boat Slip
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Boat, Carport, Driveway, RV Access/Parking, Shared Driveway, Street
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Gas Cooking, Microwave, Range, Refrigerator, Cooktop
  • Laundry Features: Gas Dryer Hookup
  • Trash Expense: 780.00

Condo/Co-op/Association

  • Senior Community: No

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 39000.00
  • Gross Multiplier: 12.44
  • Gross Scheduled Income: 39000.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 33360.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Operating Expense: 5640.00

Tax Info

  • New Taxes Expense: 6062.00
  • Tax Lot: 9
  • Tax Tract Number: 5731

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2016
Sold by
Coon Michael
Bought by
Cavanaugh Theresa
Current Estimated Value
$1,190,026

Purchase Details

Closed on
Jun 28, 2013
Sold by
Coon Michael
Bought by
Theresa Cavanaugh and Theresa Michael Coon

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 21, 2012
Sold by
Cavanaugh Theresa E
Bought by
Coon Michael
Seller's Agent
Elias Corral
Dream Home Realty.com
Buyer's Agent
Tony Picciolo
Coldwell Banker Realty
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$363,750
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 13, 2012
Sold by
Posca Alejandro L
Bought by
Coon Michael
Seller's Agent
Elias Corral
Dream Home Realty.com
Buyer's Agent
Tony Picciolo
Coldwell Banker Realty
List Price
$485,000
Sold Price
$485,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1998
Sold by
Bauer Robert H Tr
Bought by
Posca Alejandro L and Posca Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 5, 1994
Sold by
Vongrote Roger
Bought by
Vongrote Roger and Vongrote Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cavanaugh Theresa -- Fidelity National Title
Theresa Cavanaugh -- None Available
Coon Michael -- Title 365
Coon Michael $485,000 Title 365
Posca Alejandro L $185,000 Gateway Title
Vongrote Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coon Michael $363,750
Previous Owner Posca Alejandro L $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2013 01/09/13 Sold $485,000 0.0% $160 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
12/03/2012 12/03/12 For Sale $485,000 -- $160 / 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 $8,168 $597,233 $246,282 $350,951
2024 $8,168 $585,523 $241,453 $344,070
2023 $8,027 $574,043 $236,719 $337,324
2022 $7,602 $562,788 $232,078 $330,710
2021 $7,387 $551,754 $227,528 $324,226
2019 $7,282 $535,770 $220,780 $314,990
2018 $7,008 $525,273 $216,451 $308,822
2016 $6,445 $504,513 $208,047 $296,466
2015 $6,194 $496,935 $204,922 $292,013
2014 $6,168 $487,201 $200,908 $286,293
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Elias Corral

    Dream Home Realty.com

    Section Image
  • Tony Picciolo

    Buyer's Agent in 2013

    Tony Picciolo

    Coldwell Banker Realty

    (310) 254-4780

    11 Total Sales

    Tony Picciolo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1205989

California Regional Multiple Listing Service (CRMLS)

APN: 7205-001-010

California Los Angeles County Long Beach 90806 South Wrigley

2557 Eucalyptus Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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