Seller's Agent in 2023
Hugh Siu
Swabb, Inc.
(949) 346-1808
1 in this area
7 Total Sales
2627 E Broadway Long Beach, CA 90803
Bluff Heights NeighborhoodEstimated Value: $2,112,000 - $2,568,000
8
Beds
9
Baths
4,500
Sq Ft
$508/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling Available
- Back Yard
- Woodrow Wilson High School Rated A
- Laundry Room
About This Home
As of May 20232627 E Broadway is a spectacular 4plex consisting of four separate 2 bdrm 2.5 ba units each of them adjacent to one another. The property is just a short walk to the beach. There are two end units that share only one common wall. Three units are approximately 1,000 sq ft with one larger end unit approximately 1,403 sq ft. Perfect for an owner user to live in and rent the other 3 units to generate additional income. The building has approximately 8 bedrooms and 9 bathrooms. There are 4 separate garages that can be assigned to the unit in any configuration (they are detached from the units). One of the garages is a 2 car garage and the other three garages are 1 car garages. There is a separate laundry room for the building which currently generates cash revenues. There is land space in the back of the property with opportunity improve upon.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 7,180 Sq Ft Lot
- Two or More Common Walls
- Back Yard
Parking
- 5 Car Garage
Home Design
- 4,500 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- All Upper Level Bedrooms
- 9 Bathrooms
Additional Features
- Laundry Room
- Cooling Available
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Tax Lot 24
- Tax Tract Number 1
- Assessor Parcel Number 7263017012
Community Details
Overview
- No Home Owners Association
- 4 Units
- Alamitos Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,406
- Water Sewer Expense $2,202
- New Taxes Expense $9,164
- Operating Expense $14,772
- Gross Income $103,900
- Net Operating Income $89,128
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Apr 28, 2023
Sold by
Jue Jeffrey
Bought by
Steven V Schenker Living Trust
Seller's Agent
Hugh Siu
Swabb, Inc.
Buyer's Agent
Joshua Barut
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,950,000
Sold Price
$1,970,000
Premium/Discount to List
$20,000
1.03%
Views
61
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
$317,532
Avg. Annual Appreciation
5.82%
Original Mortgage
$230,000
Outstanding Balance
$205,659
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$2,081,873
Purchase Details
Closed on
Feb 25, 2022
Sold by
Hwa Li Wen
Bought by
Li Family Credit Shelter B Trust
Purchase Details
Closed on
Jan 28, 2022
Sold by
Li Family Credit Shelter B Trust
Bought by
Jue Jeffrey
Purchase Details
Closed on
Jan 4, 2016
Sold by
Jue Jenny L
Bought by
Jue Jeffrey L
Purchase Details
Closed on
Dec 21, 2012
Sold by
Jue Vincent and Jue Jeffrey L
Bought by
Jue Jeffrey L and Jue Jenny L
Purchase Details
Closed on
Nov 8, 2007
Sold by
Li Linda Wen Hwa and Li Family Trust
Bought by
Li Linda Wen Hwa
Purchase Details
Closed on
Dec 28, 1993
Sold by
Jue Vincent and Jue Diana
Bought by
Jue Vincent
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.09%
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 |
|---|---|---|---|
| Steven V Schenker Living Trust | $1,970,000 | Pacific Coast Title Company | |
| Jue Jeffrey Li | -- | Pacific Coast Title Company | |
| Li Family Credit Shelter B Trust | -- | -- | |
| Jue Jeffrey | -- | Schroff Rebecca L T | |
| Li Family Credit Shelter B Trust | -- | -- | |
| Jue Jeffrey | -- | Schroff Rebecca L T | |
| Jue Jeffrey L | $180,000 | None Available | |
| Jue Jeffrey L | -- | None Available | |
| Jue Vincent | -- | None Available | |
| Li Linda Wen Hwa | -- | None Available | |
| Jue Vincent | -- | First American Title Company | |
| Jue Vincent | -- | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Steven V Schenker Living Trust | $230,000 | |
| Previous Owner | Jue Vincent | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/17/2023 05/17/23 | Sold | $1,970,000 | +1.0% | $438 / Sq Ft |
| 03/17/2023 03/17/23 | Pending | -- | -- | -- |
| 03/08/2023 03/08/23 | For Sale | $1,950,000 | -- | $433 / 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 | $25,952 | $2,049,588 | $1,352,520 | $697,068 |
| 2024 | $25,952 | $2,009,400 | $1,326,000 | $683,400 |
| 2023 | $16,252 | $1,225,001 | $784,434 | $440,567 |
| 2022 | $9,370 | $705,299 | $361,012 | $344,287 |
| 2021 | $9,164 | $691,471 | $353,934 | $337,537 |
| 2019 | $9,035 | $671,563 | $343,437 | $328,126 |
| 2018 | $8,697 | $658,407 | $336,703 | $321,704 |
| 2016 | $6,569 | $509,700 | $164,849 | $344,851 |
| 2015 | $6,316 | $502,045 | $162,373 | $339,672 |
| 2014 | $6,290 | $492,212 | $159,193 | $333,019 |
Source: Public Records
Agents Affiliated with this Home
-
Hugh Siu
-
Joshua Barut
Buyer's Agent in 2023
Joshua Barut
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
1 in this area
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23038605
APN: 7263-017-012
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
Nearby Homes
- 2730 E Mariquita St
- 2601 E Ocean Blvd Unit 205
- 2601 E Ocean Blvd Unit 208
- 222 Kennebec Ave
- 2767 E Ocean Blvd
- 191 Kennebec Ave Unit 301
- 2844 E 3rd St Unit 210
- 2805 E 3rd St Unit 21
- 2999 E Ocean Blvd Unit 1730
- 334 Gladys Ave Unit 305
- 3042 E 3rd St Unit 5
- 2027 E Appleton St Unit 1
- 2500 E 4th St Unit 203
- 2135 E Florida St Unit 7
- 2135 E Florida St Unit 2
- 307 Cherry Ave Unit 6
- 308 Coronado Ave
- 36 Hermosa Ave
- 28 Hermosa Ave
- 360 Obispo Ave Unit 15
- 2627 E Broadway Unit 4
- 2627 E Broadway Unit 2
- 2627 E Broadway Unit 3
- 227 Molino Ave
- 249 Molino Ave
- 2611 E Broadway
- 2612 E Broadway
- 2606 E Broadway
- 257 Molino Ave
- 2640 E Broadway
- 2533 E 2nd St
- 238 Molino Ave
- 246 Molino Ave
- 2613 E 2nd St
- 244 Wisconsin Ave
- 2609 E 2nd St
- 242 Wisconsin Ave
- 2545 E Broadway
- 2525 E 2nd St
- 265 Molino Ave