G
Seller's Agent in 2020
Greg Ernst
GML Homes, Inc.
(562) 253-4860
35 Total Sales
265 Newport Ave Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,819,000 - $2,230,000
8
Beds
8
Baths
4,000
Sq Ft
$501/Sq Ft
Est. Value
Highlights
- City Lights View
- Traditional Architecture
- Laundry Room
- Woodrow Wilson High School Rated A
- No HOA
- Level Lot
About This Home
As of December 2020COMPLETELY REMODELED TOWNHOME STYLE APARTMENT (2 STORY)! This 4-unit building is located on a quiet, beautiful, residential street near the beach on the border of Belmont Heights and Belmont Shore in coastal Long Beach.
New hardwood flooring including new kitchen with custom cabinets, granite countertops and stainless steel appliances. Fully remodeled upstairs bathroom and remodeled downstairs half bath. Canned ceiling lights were installed as well as new ceiling fans that can be controlled wirelessly. New windows and window coverings throughout. The two spacious bedrooms located upstairs each have walk-in closets plus plenty of common storage space throughout the unit. This unit has an exclusive 1 car garage plus an exclusive parking spot in front of the garage. This unit also has a private patio off of the kitchen.
The exterior of the property was recently painted with new, modern landscaping.
There is on-site laundry featuring a brand new washer/dryer system that can be paid for via a phone app so there is no need for coins. There is ample street parking.
Owner pays for water. Renter pays for electricity. No smoking or pets allowed (cat or very small dog may be considered on a case by case basis).
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 6,500 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 6 Open Parking Spaces
- 3 Car Garage
Home Design
- Traditional Architecture
- Property Attached
- Composition Roof
- Stucco
Interior Spaces
- 4,000 Sq Ft Home
- City Lights Views
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 8 Bedrooms
- All Upper Level Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 17
- Tax Tract Number 5771
- Assessor Parcel Number 7257030017
Community Details
Overview
- No Home Owners Association
- 4 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 4 Separate Electric Meters
- Electric Expense $600
- Insurance Expense $1,765
- Trash Expense $1,200
- Water Sewer Expense $3,064
- Operating Expense $6,629
- Net Operating Income $74,195
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2007
Sold by
Freedom Real Estate Inc
Bought by
Rivero Stephen and Cervantes Esther
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 30, 2006
Sold by
Meraz Richard D
Bought by
Meraz Krista
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 7, 2006
Sold by
Haky Smith Jill W
Bought by
Meraz Krista
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2003
Sold by
Haky Ronald J
Bought by
Haky Ronald J and Haky Brenda B
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 |
|---|---|---|---|
| Rivero Stephen | $1,180,000 | Multiple | |
| Freedom Real Estate Inc | -- | Multiple | |
| Meraz Krista | -- | Orange Coast Title | |
| Meraz Krista | -- | Orange Coast Title | |
| Haky Smith Jill W | -- | Accommodation | |
| Haky Ronald J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rivero Stephen | $869,500 | |
| Previous Owner | Meraz Krista | $770,000 | |
| Previous Owner | Meraz Krista | $770,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/08/2024 10/08/24 | Off Market | $3,250 | -- | -- |
| 10/03/2024 10/03/24 | Price Changed | $3,250 | -1.5% | $3 / Sq Ft |
| 09/29/2024 09/29/24 | Price Changed | $3,300 | +1.5% | $3 / Sq Ft |
| 05/01/2024 05/01/24 | For Rent | $3,250 | 0.0% | -- |
| 12/22/2020 12/22/20 | Sold | $1,535,000 | -3.5% | $384 / Sq Ft |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
| 10/17/2020 10/17/20 | For Sale | $1,590,000 | -- | $398 / 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 | $22,125 | $1,661,532 | $1,082,432 | $579,100 |
| 2024 | $21,170 | $1,628,954 | $1,061,208 | $567,746 |
| 2023 | $20,817 | $1,597,014 | $1,040,400 | $556,614 |
| 2022 | $19,538 | $1,565,700 | $1,020,000 | $545,700 |
| 2021 | $19,151 | $1,535,000 | $1,000,000 | $535,000 |
| 2020 | $18,217 | $1,445,569 | $918,796 | $526,773 |
| 2019 | $18,004 | $1,417,226 | $900,781 | $516,445 |
| 2018 | $17,493 | $1,389,438 | $883,119 | $506,319 |
| 2017 | $55 | $1,200,000 | $762,800 | $437,200 |
| 2016 | $13,364 | $1,100,000 | $699,200 | $400,800 |
| 2015 | $11,888 | $1,315,426 | $836,077 | $479,349 |
| 2014 | $15,327 | $1,289,660 | $819,700 | $469,960 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Ernst
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20218458
APN: 7257-030-017
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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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