NOT LISTED FOR SALE

2701 E Ocean Blvd Long Beach, CA 90803

Bluff Park Neighborhood

Estimated Value: $1,748,915 - $2,234,000

3 Beds
2 Baths
1,931 Sq Ft
$1,018/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $1,250,000 $647 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,869/month

21 Days on Market

Highlights

  • Ocean View
  • Bonus Room
  • Den
  • Woodrow Wilson High School Rated A
  • No HOA
  • 2-minute walk to Bluff Park

About This Home

As of November 2014

THERE ARE AMAZING DEVELOPMENT POSSIBILITES FOR THE SIZE AND LOCATION OF THIS PROPERTY. Rarely available. Ocean Blvd single family residence on a nearly 9000 square foot CORNER lot at Molino Ave. with ocean, oil island & Catalina views from Palos Verdes to Huntington Beach and beyond from the impressive picture windows. Originally built in 1954, with over 1900 square feet, this is truly a mid century charmer complete with flagstone siding, period paneling, 50's styled kitchen, two indoor fireplaces, original tiled bathrooms and much more. There is a comforting covered patio area, a two car detached garage, a gardeners workshop or extra storage and a very generous (and buildable) backyard area. This home could be enjoyed in its present state, in turn- key condition.. Opportunity is knocking. Location, Location, Location.

Last Agent to Sell the Property

Pierre Billard

Re/Max R. E. Specialists License #00983985 Listed on: 09/16/2014

Re/Max R. E. Specialists

Last Buyer's Agent

Pierre Billard

Re/Max R. E. Specialists License #00983985 Listed on: 09/16/2014

Re/Max R. E. Specialists

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 8,973

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Coastline
  • Panoramic

Interior Spaces

  • 1,931 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Den
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 8,973 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 7264024019

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Bluff Park (BLF)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7264024019
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1931.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 647.33
  • Room Type: Bonus Room, Den, Family Room, Living Room

Exterior Features

  • View: Coastline, Ocean, Panoramic
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Lot Size Sq Ft: 8973.00
  • Lot Size Acres: 0.2060

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8973.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2014
Closed on
Oct 9, 2014
Sold by
Schulzman Kurt A
Bought by
Majidi Shawn
Seller's Agent
Pierre Billard
Re/Max R. E. Specialists
Buyer's Agent
Pierre Billard
Re/Max R. E. Specialists
List Price
$1,395,000
Sold Price
$1,250,000
Premium/Discount to List
-$145,000
-10.39%
Current Estimated Value
$1,966,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,229
Avg. Annual Appreciation
4.19%
Original Mortgage
$1,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2002
Sold by
Schulzman Kurt A and Neri Richard A
Bought by
Schulzman Kurt A

Purchase Details

Closed on
Dec 3, 2001
Sold by
Farmers & Merchants Trust Company
Bought by
Schulzman Kurt A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$572,000
Interest Rate
5.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Majidi Shawn $1,250,000 None Available
Schulzman Kurt A -- --
Schulzman Kurt A $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Majidi Shawn $1,000,000
Previous Owner Schulzman Kurt A $572,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $1,250,000 -10.4% $647 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $1,395,000 -- $722 / 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 $18,804 $1,502,303 $1,201,846 $300,457
2024 $18,804 $1,472,847 $1,178,281 $294,566
2023 $18,494 $1,443,969 $1,155,178 $288,791
2022 $17,311 $1,415,657 $1,132,528 $283,129
2021 $16,984 $1,387,900 $1,110,322 $277,578
2019 $16,743 $1,346,737 $1,077,391 $269,346
2018 $16,278 $1,320,331 $1,056,266 $264,065
2016 $14,977 $1,269,062 $1,015,250 $253,812
2015 $14,363 $1,250,000 $1,000,000 $250,000
2014 $10,109 $861,648 $741,140 $120,508
Source: Public Records

Agents Affiliated with this Home

  • Pierre Billard

    Seller's Agent in 2014

    Pierre Billard

    RE/MAX

    (562) 987-3701

    10 Total Sales

    Pierre Billard
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14200749

California Regional Multiple Listing Service (CRMLS)

APN: 7264-024-019

California Los Angeles County Long Beach 90803 Bluff Park

2701 E Ocean Blvd, Long Beach, CA

Not Listed for Sale

Detached

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