Seller's Agent in 2023
Hugh Siu
Swabb, Inc.
(949) 346-1808
1 in this area
4 Total Sales
2627 E Broadway Long Beach, CA 90803
Bluff Heights NeighborhoodEstimated Value: $1,809,000 - $2,185,589
8
Beds
9
Baths
4,500
Sq Ft
$456/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling Available
- Back Yard
- Woodrow Wilson High School Rated A
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 in unit
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2023
Closed on
Apr 28, 2023
Sold by
Bought by
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
$83,397
Avg. Annual Appreciation
1.35%
Original Mortgage
$230,000
Outstanding Balance
$205,659
Interest Rate
5.64%
Mortgage Type
New Conventional
Estimated Equity
$1,847,738
Purchase Details
Closed on
Feb 25, 2022
Sold by
Bought by
Purchase Details
Closed on
Jan 28, 2022
Sold by
Bought by
Purchase Details
Closed on
Jan 4, 2016
Sold by
Bought by
Purchase Details
Closed on
Dec 21, 2012
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 28, 1993
Sold by
Bought by
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%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,970,000 | Pacific Coast Title Company | ||
| -- | Pacific Coast Title Company | ||
| -- | -- | ||
| -- | Schroff Rebecca L T | ||
| -- | -- | ||
| -- | Schroff Rebecca L T | ||
| $180,000 | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | First American Title Company | ||
| -- | First American Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $230,000 | ||
| Previous Owner | $135,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,117 | $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
25 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
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