NOT LISTED FOR SALE

2670 E 19th St Signal Hill, CA 90755

Estimated Value: $1,510,000 - $2,130,000

10 Beds
8 Baths
5,060 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $1,050,000 $208 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,398/month

289 Days on Market

About This Home

As of July 2015

The subject property is located at 2670 East 19th Street in Signal Hill, California. The property is located between Molino Avenue and Temple Avenue, and it is conveniently located near the Pacific Coast Highway.

The property consists of one building. The building is two stories tall and is constructed on a raised foundation with both wood and stucco paneling. The roof is in good condition, and there is copper plumbing throughout. Unit #1 has gone through a major rehab which includes: cherry wood cabinets, granite countertops, hardwood floors, and stainless steel appliances. Current rent for this two bedroom/one bath is $1,550. Also, the building exterior has recently been painted. 2670 East 19th Street has a total of four units that consists of one three-bedroom/three-bath townhouse, one three-bedroom/two-bath unit, one two-bedroom/two-bath and one two-bedroom/one-bath unit.

This property has a great unit mix, and the opportunity to add value to the property. The building is separately metered for gas and electric. 2670 East 19th Street is in an excellent location that is highly sought after for any investor.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 07/15/2015

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 07/15/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,714

Year Built

  • Built in 1968

Lot Details

  • 7,238 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 5 Car Garage

Home Design

  • 5,060 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 7216022027

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,771
  • Maintenance Expense $3,630
  • Other Expense $800
  • Professional Management Expense $3,521
  • Water Sewer Expense $2,600
  • New Taxes Expense $15,096
  • Gross Income $6,050
  • Net Operating Income $43,004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,714

Year Built

Built in 1968

Lot Details

0

Parking

5

Listing Details

  • CapRate: 3.44
  • Other Phone Description: 562-257-1200
  • Other Phone Number: trans. cor
  • Professional Management Expense: 3521.00
  • Property Attached: Yes
  • Subdivision Name Other: Signal Hill (SH)
  • Water Sewer Expenses: 2600.00
  • Property Type: Residential Income
  • Parcel Number: 7216022027
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 207.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7238.00
  • Price Per Lot Square Foot: 145.07
  • Lot Size Acres: 0.1660

Multi Family

  • Gross Income: 6050.00
  • Gross Multiplier: 17.22
  • Gross Scheduled Income: 72600.00
  • Insurance Expense: 1771.00
  • Lot Size Area: 7238.0000 Square Feet
  • Maintenance Expense: 3630.00
  • Net Operating Income: 43004.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 70422.00
  • Other Expense: 800.00
  • Other Expense Description: Reserves
  • Rent Control: No

Tax Info

  • New Taxes Expense: 15096.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2022
Sold by
Pokal Mayur
Bought by
Ngmgdp Investments Llc
Total Days on Market
289
Current Estimated Value
$1,836,188

Purchase Details

Closed on
Apr 28, 2020
Sold by
Ngmgdp Investments Llc
Bought by
Pokal Mayur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 15, 2015
Closed on
Jul 8, 2015
Sold by
Pokal Mayur
Bought by
Ngmgdp Investments Llc
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$1,250,000
Sold Price
$1,050,000
Premium/Discount to List
-$200,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Tichauer Larry M and The Tichauer Family Trust
Bought by
Pokal Mayur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2013
Sold by
Tichauer Larry M and Tichauer Randolph B
Bought by
Tichauer Randolph B and Tichauer Family Trust

Purchase Details

Closed on
Dec 20, 1993
Sold by
Coast Federal Bank Fsb
Bought by
Tichauer Hanni J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 1993
Sold by
Coast Fed Services
Bought by
Coast Federal Bank
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Ngmgdp Investments Llc -- --
Pokal Mayur -- Lawyers Title Company
Ngmgdp Investments Llc -- None Available
Pokal Mayur $1,050,000 Ticor Title Tustin Orange Co
Tichauer Randolph B -- None Available
Tichauer Hanni J $270,000 Chicago Title Company
Coast Federal Bank $351,905 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pokal Mayur $740,000
Previous Owner Pokal Mayur $787,500
Previous Owner Tichauer Hanni J $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $1,050,000 -16.0% $208 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
08/11/2014 08/11/14 For Sale $1,250,000 -- $247 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $16,714 $1,242,980 $828,655 $414,325
2024 $16,714 $1,218,608 $812,407 $406,201
2023 $16,442 $1,194,715 $796,478 $398,237
2022 $20,537 $1,597,378 $1,030,567 $566,811
2021 $20,132 $1,566,058 $1,010,360 $555,698
2020 $15,114 $1,136,551 $757,701 $378,850
2019 $14,950 $1,114,267 $742,845 $371,422
2018 $14,523 $1,092,420 $728,280 $364,140
2016 $13,390 $1,050,000 $700,000 $350,000
2015 $5,545 $381,827 $141,415 $240,412
2014 -- $374,348 $138,645 $235,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14171547

California Regional Multiple Listing Service (CRMLS)

APN: 7216-022-027