NOT LISTED FOR SALE

Estimated Value: $665,000 - $723,000

2 Beds
1 Bath
700 Sq Ft
$972/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $550,000 $786 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,328/month

7 Days on Market

Highlights

  • Property is near public transit
  • Main Floor Bedroom
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Attic
  • 4-minute walk to Miracle On Fourth Street Park

About This Home

As of May 2021

Charming 1919 California Bungalow just 4 blocks to the ocean! Located in the Alamitos Beach community of Long Beach, this quaint home offers ample living space and a one-car garage.  With a little TLC, this home has endless possibilities. Property features include an abundant amount of natural light, spacious bedroom with closet built-ins, den/office with closet (can easily convert to a 2nd bedroom), a private back patio, and an unpermitted, finished attic not included in the square footage.  Conveniently located near the center of downtown Long Beach where everything is within walking distance including local restaurants, shops, parks, the Pike Outlets, marina/beach, public transportation, and the 710/405 freeways. Property being sold in as-is condition, the seller will not make or pay for any repairs.

Last Agent to Sell the Property

Amy Hlad

Engel & Völkers Newport Beach License #01967236 Listed on: 04/12/2021

Engel & Völkers Newport Beach

Last Buyer's Agent

Harold Betts

The RECollective License #01834267

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,540

Year Built

  • Built in 1919

Lot Details

  • 1,467 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR2N

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Home Office
  • Neighborhood Views
  • Pull Down Stairs to Attic
  • Tile Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 18 / 129
  • Assessor Parcel Number 7275013031

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,540

Year Built

Built in 1919

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7275013031
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Interior Amenities: Built-in Features, Pull Down Stairs to Attic, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 785.71
  • Room Type: Attic, Den, Kitchen, Laundry, Living Room, Main Floor Bedroom, Office, Walk-In Closet
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 1467.00
  • Lot Size Acres: 0.0337

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1467.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 129
  • Tax Census Tract: 5765.03
  • Tax Lot: 18
  • Tax Tract: Alamitos Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 27, 2021
Sold by
Posson Derek J
Bought by
Whaley Matthew Cleveland
Seller's Agent
Amy Hlad
Engel & Völkers Newport Beach
Buyer's Agent
Harold Betts
The RECollective
List Price
$460,000
Sold Price
$550,000
Premium/Discount to List
$90,000
19.57%
Current Estimated Value
$680,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,443
Avg. Annual Appreciation
4.37%
Original Mortgage
$495,000
Outstanding Balance
$448,857
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$210,981

Purchase Details

Closed on
Oct 2, 2001
Sold by
Ghiozzi John L
Bought by
Tinberg Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
6.57%

Purchase Details

Closed on
Apr 5, 1994
Sold by
Resolution Trust Corp
Bought by
Ghiozzi John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
8.1%

Purchase Details

Closed on
Nov 3, 1993
Sold by
G S L Financial Corp
Bought by
Guardian Fed Svgs Assn and Guardian S&L Assn
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
Whaley Matthew Cleveland $550,000 Orange Coast Ttl Co Of Socal
Tinberg Michael $140,000 Lawyers Title Company
Ghiozzi John L $84,000 South Coast Title
Guardian Fed Svgs Assn $92,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whaley Matthew Cleveland $495,000
Previous Owner Posson Derek J $206,500
Previous Owner Posson Derek J $205,000
Previous Owner Tinberg Michael $136,500
Previous Owner Ghiozzi John L $79,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $550,000 +19.6% $786 / Sq Ft
04/22/2021 04/22/21 For Sale $460,000 -16.4% $657 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/17/2021 04/17/21 Off Market $550,000 -- --
04/12/2021 04/12/21 For Sale $460,000 -- $657 / 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 $7,540 $595,335 $476,269 $119,066
2024 $7,540 $583,663 $466,931 $116,732
2023 $7,412 $572,220 $457,776 $114,444
2022 $6,953 $561,000 $448,800 $112,200
2021 $3,486 $270,212 $179,462 $90,750
2020 $3,478 $267,442 $177,622 $89,820
2019 $3,437 $262,199 $174,140 $88,059
2018 $3,337 $257,059 $170,726 $86,333
2016 $3,074 $247,080 $164,098 $82,982
2015 $2,952 $243,370 $161,634 $81,736
2014 $2,934 $238,603 $158,468 $80,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21071683

California Regional Multiple Listing Service (CRMLS)

APN: 7275-013-031