C
Seller's Agent in 2021
Christa Vessell
Coldwell Banker Commercial
2670 E Wall St Signal Hill, CA 90755
Estimated Value: $1,344,000 - $1,678,000
5
Beds
3
Baths
4,282
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Mountain View
- Laundry Room
- Alvarado Elementary Rated 9+
- Property is near park
- 4-minute walk to Hillbrook Park
About This Home
As of March 2021Excellent opportunity to own a 4-plex apartment building in the heart of Signal Hill, CA. 15 minutes to the beach, downtown Long Beach, Long Beach State University, the Veteran's Hospital, Memorial Hospital, Long Beach Airport and close to the freeways. A great value complex. Built in 1968; the property offers an excellent unit mix of three 2-bedroom one bath units, and one large 3 bedroom 3 bathroom unit with a fireplace. The property is well maintained and has six garages. The building is separately metered for electric and gas. Partial rehabbed units and new upgraded electrical panel installed. Tremendous upside potential.
Last Agent to Sell the Property
Christa Vessell
Coldwell Banker Commercial License #02058824 Listed on: 01/12/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 6,500 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Front Yard
Parking
- 6 Car Garage
Property Views
- Mountain
- Neighborhood
Home Design
- Property Attached
- Shingle Roof
Interior Spaces
- 4,282 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Property is near park
- Radiant Heating System
Listing and Financial Details
- Tax Lot 8
- Tax Tract Number 5734
- Assessor Parcel Number 7216023008
Community Details
Overview
- 4 Units
- Signal Hill Subdivision
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $76,830
- Net Operating Income $51,189
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2012
Closed on
Apr 26, 2012
Sold by
Gazerro Peter N
Bought by
Moore Bryan and Moore Stephanie Loren
Seller's Agent
Cass Bastain
Cass Bastain, Broker
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
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
$888,035
Avg. Annual Appreciation
6.48%
Purchase Details
Closed on
Nov 6, 2001
Sold by
Roberts Stanely E and Roberts Jane
Bought by
Gazerro Peter N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.8%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 16, 1994
Sold by
Beauchamp Dorothy C
Bought by
Beauchamp Dorothy C and Beauchamp Leslie E
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Moore Bryan | $155,000 | Old Republic Title Company | |
| Gazerro Peter N | $415,000 | Equity Title | |
| Beauchamp Dorothy C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gazerro Peter N | $332,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/01/2021 03/01/21 | Sold | $1,285,000 | -6.5% | $300 / Sq Ft | |
| 01/12/2021 01/12/21 | For Sale | $1,374,000 | +114.7% | $321 / Sq Ft | |
| 05/12/2012 05/12/12 | Sold | $640,000 | -1.4% | $149 / Sq Ft | View Prior Sale |
| 04/22/2012 04/22/12 | Pending | -- | -- | -- | |
| 04/13/2012 04/13/12 | For Sale | $649,000 | -- | $152 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $19,521 | $1,390,923 | $865,945 | $524,978 |
| 2024 | $18,436 | $1,363,651 | $848,966 | $514,685 |
| 2023 | $18,135 | $1,336,914 | $832,320 | $504,594 |
| 2022 | $17,053 | $1,310,700 | $816,000 | $494,700 |
| 2021 | $10,256 | $742,651 | $269,906 | $472,745 |
| 2020 | $10,226 | $735,037 | $267,139 | $467,898 |
| 2019 | $10,119 | $720,625 | $261,901 | $458,724 |
| 2018 | $9,807 | $706,496 | $256,766 | $449,730 |
| 2016 | $9,055 | $679,064 | $246,797 | $432,267 |
| 2015 | $8,728 | $668,864 | $243,090 | $425,774 |
| 2014 | $8,690 | $655,763 | $238,329 | $417,434 |
Source: Public Records
Agents Affiliated with this Home
-
-
George Bustamante
Seller Co-Listing Agent in 2021
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
2 in this area
38 Total Sales
-
Olga Wright
Buyer's Agent in 2021
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
101 Total Sales
-
C
Seller's Agent in 2012
Cass Bastain
Cass Bastain, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21007366
APN: 7216-023-008
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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