Seller's Agent in 2017
Chayan Alavi
Tourvia
(310) 400-0577
4 in this area
79 Total Sales
2609 E Wall St Signal Hill, CA 90755
Estimated Value: $1,319,000 - $1,913,000
7
Beds
4
Baths
3,696
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Lawn
- No HOA
- Landscaped
- Alvarado Elementary Rated 9+
- Laundry Room
- 2-minute walk to Hillbrook Park
About This Home
As of September 2017One of a kind Signal Hill multi-family investment property located at 2609 Wall Street. Built in 1941 and boasting living space over 3,600 square feet, the rental mix is a highly desirable 4 bedroom 2 bath main home, upper 2 bedroom 1.5 bath, 1 bedroom 1 bath, and separate studio. Three out of four units offer Downtown sunset views and many of the bathrooms have been updated. Each of the units offers a private outdoor space and there are mature plumeria, avocado, and citrus trees. Additionally, there are three separate garage spaces with plentiful off street guest parking. The property is separately metered for electric keeping expenses to a minimum. Dramatic views from downtown Long Beach to downtown Los Angeles. Signal Hill is known for its extensive parks, public improvements, and average household income over $97,000. Economists are predicting increased economic stability with burgeoning private sector growth. With a positive economic outlook and a dense infill location of over 665,000 people in five mile radius, minimize your risk by diversifying into a tangible wealth building asset.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 9,380 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Gentle Sloping Lot
- Lawn
- Front Yard
Parking
- 6 Open Parking Spaces
- 3 Car Garage
Home Design
- 3,696 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Additional Features
- Suburban Location
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 7216022023
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,440
- Trash Expense $100
- Water Sewer Expense $125
- New Taxes Expense $10,000
- Operating Expense $21,840
- Gross Income $6,610
- Net Operating Income $57,480
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 21, 2024
Sold by
Perry Edward and Perry Karn Perry
Bought by
2609 Wall St Llc
Current Estimated Value
Purchase Details
Closed on
May 15, 2023
Sold by
Lovrich Revocable Living Trust and Lovrich Candace Mada
Bought by
Kam Perry and Karn Robert M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$908,000
Interest Rate
6.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2018
Sold by
Lovrich Ladislav Mike and Lovrich Ladislav Miky
Bought by
Lovrich Ladislav Mike and Lovrich Candace Maria
Purchase Details
Listed on
Jun 8, 2017
Closed on
Sep 7, 2017
Sold by
Oliveira Luis Miguel and Franke Taina
Bought by
Lovrich Ladislav M and The J & M Iwanow Revocable Liv
Seller's Agent
Chayan Alavi
Tourvia
Buyer's Agent
Chris Scornaienchi
Aspire Los Angeles
List Price
$1,175,000
Sold Price
$1,135,000
Premium/Discount to List
-$40,000
-3.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Purchase Details
Closed on
Nov 13, 2015
Sold by
Matlock Geneva
Bought by
Oliveira Luis Miguel and Franke Taina
Purchase Details
Listed on
May 23, 2014
Closed on
Jun 9, 2014
Sold by
Walton Thomas Fox
Bought by
Oliveira Luis Miguel and Franke Taina
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Cheryl Landholm
Robert Pitts Estates
List Price
$949,900
Sold Price
$960,000
Premium/Discount to List
$10,100
1.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$720,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 19, 1993
Sold by
Grecny Marta B and Goodman Ellen
Bought by
Walton Thomas Fox
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.2%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2609 Wall St Llc | -- | -- | |
| Kam Perry | $1,135,000 | Chicago Title | |
| Lovrich Ladislav Mike | -- | Ticor Title Company Of Calif | |
| Lovrich Ladislav Mike | -- | None Available | |
| Lovrich Ladislav M | $1,135,000 | None Available | |
| Oliveira Luis Miguel | -- | None Available | |
| Oliveira Luis Miguel | $960,000 | Fidelity National Title Co | |
| Walton Thomas Fox | $280,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kam Perry | $908,000 | |
| Previous Owner | Oliveira Luis Miguel | $720,000 | |
| Previous Owner | Walton Thomas Fox | $224,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/20/2017 09/20/17 | Sold | $1,135,000 | -1.3% | $307 / Sq Ft | |
| 08/21/2017 08/21/17 | Pending | -- | -- | -- | |
| 07/28/2017 07/28/17 | Price Changed | $1,149,900 | -2.1% | $311 / Sq Ft | |
| 06/23/2017 06/23/17 | For Sale | $1,175,000 | 0.0% | $318 / Sq Ft | |
| 06/15/2017 06/15/17 | Pending | -- | -- | -- | |
| 06/08/2017 06/08/17 | For Sale | $1,175,000 | +22.4% | $318 / Sq Ft | |
| 07/17/2014 07/17/14 | Sold | $960,000 | +1.1% | $260 / Sq Ft | View Prior Sale |
| 06/04/2014 06/04/14 | Pending | -- | -- | -- | |
| 05/23/2014 05/23/14 | For Sale | $949,900 | -- | $257 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $18,104 | $1,296,000 | $846,000 | $450,000 |
| 2024 | $18,104 | $1,375,000 | $900,000 | $475,000 |
| 2023 | $16,483 | $1,241,284 | $874,915 | $366,369 |
| 2022 | $15,487 | $1,216,946 | $857,760 | $359,186 |
| 2021 | $15,186 | $1,193,086 | $840,942 | $352,144 |
| 2020 | $15,143 | $1,180,854 | $832,320 | $348,534 |
| 2019 | $14,973 | $1,157,700 | $816,000 | $341,700 |
| 2018 | $14,512 | $1,135,000 | $800,000 | $335,000 |
| 2016 | $12,014 | $974,639 | $583,768 | $390,871 |
| 2015 | $11,544 | $960,000 | $575,000 | $385,000 |
| 2014 | $5,176 | $388,208 | $110,911 | $277,297 |
Source: Public Records
Agents Affiliated with this Home
-
Chayan Alavi
-
Chris Scornaienchi
Buyer's Agent in 2017
Chris Scornaienchi
Aspire Los Angeles
(310) 922-2189
19 Total Sales
-
Jeff Anderson
Seller's Agent in 2014
Jeff Anderson
eXp Realty of California Inc
(562) 784-5241
5 in this area
298 Total Sales
-
Torey Carrick
Seller Co-Listing Agent in 2014
Torey Carrick
eXp Realty of California Inc
(562) 608-3690
2 in this area
80 Total Sales
-
C
Buyer's Agent in 2014
Cheryl Landholm
Robert Pitts Estates
-
P
Buyer Co-Listing Agent in 2014
Pete Tryce
Keller Williams South Bay
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17129484
APN: 7216-022-023
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.
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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