NOT LISTED FOR SALE

2651 E Wall St Signal Hill, CA 90755

Signal Hill Area

Estimated Value: $1,689,000 - $2,022,000

10 Beds
7 Baths
5,060 Sq Ft
$359/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2016

Last sale price $1,137,000 $225 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $11,441 / mo

148 Days on Market

Highlights

  • City Lights View
  • Cathedral Ceiling
  • No HOA
  • Alvarado Elementary Rated 9+
  • Granite Countertops
  • 2-minute walk to Hillbrook Park

About This Home

As of November 2016

FANTASTIC INVESTMENT OPPORTUNITY!! WONDERFUL FOURPLEX ON QUIET STREET WITH GREAT CITY VIEWS. THE BUILDING CONSISTS OF 2-THREE BEDROOM UNITS AND 2-TWO BEDROOM UNITS. THE EXTRA SPACIOUS FRONT UNIT IS PERFECT FOR AN OWNER OCCUPANT. IT HAS ONE BEDROOM AND BATH ON THE LOWER LEVEL AND TWO LARGE BEDROOMS AND TWO BATHS UPSTAIRS. ALSO HAS A LARGE BALCONY WITH WONDERFUL CITY AND OCEAN VIEWS. ALL OF THE KITCHENS HAVE BEEN UPGRADED, THREE OF THEM HAVE GRANITE COUNTER TOPS. MOST OF THE BATHROOMS HAVE BEEN UPGRADED, AS WELL. THERE ARE SIX GARAGES AND A COMMUNITY LAUNDRY ROOM. THESE "ALL ELECTRIC" UNITS ARE SEPARATELY METERED, EXCEPT WATER, AND HAVE INDIVIDUAL HOT WATER HEATERS. SUBMIT TODAY!!

Last Agent to Sell the Property

Jim Webb

Skyline Properties License #00680534 Listed on: 03/10/2016

Last Buyer's Agent

Abel Bratton

Onyx Realty & Finc. Serv., Inc License #01991349

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 7,951 Sq Ft Lot
  • Lot Dimensions are 60 x 133
  • Two or More Common Walls
  • Block Wall Fence
  • Rectangular Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Up Slope from Street
  • Shared Driveway
  • Assigned Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Interior Block Wall
  • Composition Roof

Interior Spaces

  • 5,060 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • City Lights Views

Kitchen

  • Galley Kitchen
  • Electric Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Leased Washer and Dryer

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Radiant Heating System
  • 220 Volts in Kitchen
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 5
  • Assessor Parcel Number 7216022029

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Electric Expense $1,136
  • Gardener Expense $480
  • Insurance Expense $3,632
  • Maintenance Expense $4,000
  • Professional Management Expense $3,435
  • Trash Expense $675
  • Water Sewer Expense $1,372
  • New Taxes Expense $15,000
  • Gross Income $6,725
  • Net Operating Income $50,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

7,951 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 3435.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1372.00
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7216022029
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Balcony, Block Walls, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 224.70
  • Room Type: Galley Kitchen

Exterior Features

  • Foundation: Slab
  • View: City Lights
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Shared Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Range Hood
  • Electric: 220 Volts in Kitchen
  • Heating Type: Electric, Radiant
  • Laundry Features: Community
  • Trash Expense: 675.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Up Slope from Street
  • Lot Size: 60 X 133
  • Lot Size Sq Ft: 7951.00
  • Price Per Lot Square Foot: 157.21
  • Lot Size Acres: 0.1830

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 1136.00
  • Gross Income: 6725.00
  • Gross Scheduled Income: 80700.00
  • Insurance Expense: 3632.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 7951.0000 Square Feet
  • Maintenance Expense: 4000.00
  • Net Operating Income: 50970.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Number With Carpet: 4
  • Number With Dishwasher: 3
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 29730.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Lot: 5
  • Tax Tract Number: PARC

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 10, 2016
Closed on
Dec 29, 2016
Sold by
Bought by
Seller's Agent
Jim Webb
Skyline Properties
Buyer's Agent
Abel Bratton
Onyx Realty & Finc. Serv., Inc
List Price
$1,250,000
Sold Price
$1,137,000
Premium/Discount to List
-$113,000
-9.04%
Current Estimated Value
$1,817,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$680,615
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Aug 9, 2016
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
$790,300
Interest Rate
0.0342%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2008
Sold by
Bought by

Purchase Details

Closed on
May 3, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Available
$1,137,000 Fatcola
-- None Available
-- Provident Title
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
Previous Owner $790,300
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
11/15/2016 11/15/16 Sold $1,137,000 -9.0% $225 / Sq Ft
03/10/2016 03/10/16 For Sale $1,250,000 -- $247 / 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 $18,791 $1,319,580 $812,407 $507,173
2024 $17,684 $1,293,707 $796,478 $497,229
2023 $17,396 $1,268,341 $780,861 $487,480
2022 $16,367 $1,243,472 $765,550 $477,922
2021 $16,038 $1,219,091 $750,540 $468,551
2019 $15,819 $1,182,934 $728,280 $454,654
2018 $15,343 $1,159,740 $714,000 $445,740
2016 $3,245 $172,068 $28,767 $143,301
2015 $3,162 $169,484 $28,335 $141,149
2014 $3,176 $166,165 $27,780 $138,385
Source: Public Records

Agents Affiliated with this Home

  • Jim Webb

    Seller's Agent in 2016

    Jim Webb

    Skyline Properties

    (562) 618-9909

    19 Total Sales

    Jim Webb
    Section Image

  • A

    Buyer's Agent in 2016

    Abel Bratton

    Onyx Realty & Finc. Serv., Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16052232

California Regional Multiple Listing Service (CRMLS)

APN: 7216-022-029

California Los Angeles County Signal Hill 90755

2651 E Wall St, Signal Hill, CA

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California Regional Multiple Listing Service (CRMLS) 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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