Erin Barry
Seven Gables Real Estate
(424) 688-7302
27 Total Sales
2 in Bluff Heights
$431K - $1.5M Price Range
2702 E 4th St Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated Value: $2,640,482
6
Beds
6
Baths
3,931
Sq Ft
$672/Sq Ft
Est. Value
Highlights
- Bike Trail
- Woodrow Wilson High School Rated A
- Laundry Facilities
About This Home
As of September 2021Retro-Row restaurant plus Spanish-style 4-plex. This mixed-used property is located in the historic district of Bluff Heights in a popular part of E. 4th St. In its former life, this deco-style restaurant was popular as a farm-to-table dining experience. The interior is freshly painted and the cement finished floors have been polished. A rear door opens to an over-sized, covered, fresh-air patio. Built-in, bench-style, seating surrounds an open space with plenty of room for tables. Rustic planter professionally potted by "Pippi and Lola", a new store just steps away, add to the porch atmosphere. Other surrounding businesses include "Coffee Drunk" and "Gusto Bread," where customers enjoy the street-side parkette. 4-storage units directly behind provide a buffer zone between the restaurant and the residential tenants. A side driveway is convenient for trash bins and supply deliveries. The Spanish 4-plex behind the restaurant has a smooth stucco exterior, individual private courtyards, plus each has a parking spot. The units have been well-cared for with long-term tenants who appreciate the location close to shopping, dining and the beach. On-site laundry room with new coin-operated washer and dryer. All leases are month-to-month, with one unit kept vacant for showing, as an option for extra restaurant's office space or easily rented to residential tenant.
Last Agent to Sell the Property
Seven Gables Real Estate License #01274567 Listed on: 08/17/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 6,987 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Interior Spaces
- 3,931 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Parking
- Carport
- Parking Available
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 7263024001
- $702 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
- Bluff Park Subdivision
Amenities
- Laundry Facilities
Recreation
- Bike Trail
Building Details
- Rent Control
- 1 Separate Electric Meter
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $4,848
- Maintenance Expense $2,623
- Other Expense $683
- Trash Expense $2,820
- Water Sewer Expense $3,909
- Operating Expense $13,983
- Gross Income $1,200
- Net Operating Income $114,726
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
Aug 17, 2021
Closed on
Sep 28, 2021
Sold by
Bought by
Seller's Agent
Jules Ayora
Seven Gables Real Estate
Buyer's Agent
Lauren J. Coombs, CCIM
Keller Williams Pacific Estate
List Price
$2,300,000
Sold Price
$2,300,000
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
$340,482
Avg. Annual Appreciation
2.87%
Original Mortgage
$1,610,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Listed on
Aug 17, 2021
Closed on
Sep 7, 2021
Sold by
Bought by
Seller's Agent
Jules Ayora
Seven Gables Real Estate
Buyer's Agent
Lauren J. Coombs, CCIM
Keller Williams Pacific Estate
List Price
$2,300,000
Sold Price
$2,300,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
2.8%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 11, 2012
Sold by
Bought by
Purchase Details
Closed on
Aug 3, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 25, 2004
Sold by
Bought by
Purchase Details
Closed on
Jun 23, 2004
Sold by
Bought by
Purchase Details
Closed on
Oct 2, 2001
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
$135,000
Interest Rate
6.91%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bluff Heights, CA
-
Erin Barry
-
Teresa Gorman
Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
74 Total Sales
1 in Bluff Heights
$1,450,000 Price
-
Michael Mackenbach
Michael Mackenbach
Estate Properties
(424) 373-6410
53 Total Sales
1 in Bluff Heights
$1,045,600 Price
-
Kimiah Wyer
Kimiah Wyer
Keller Williams Realty
(562) 247-4034
48 Total Sales
2 in Bluff Heights
$434,000 Price Range
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
44 Total Sales
1 in Bluff Heights
$460,000 Price
-
Minerva Corral
Minerva Corral
CORRAL INVESTMENTS & REALTY
(626) 247-3609
28 Total Sales
3 in Bluff Heights
$530K - $575K Price Range
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 |
|---|---|---|---|
| -- | Old Republic Title | ||
| $2,300,000 | Old Republic Title | ||
| -- | None Available | ||
| -- | Fidelity National Title Co | ||
| $850,000 | Fidelity National Title Co | ||
| -- | -- | ||
| $675,000 | Fidelity National Title | ||
| -- | First American Title Co |
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 |
|---|---|---|---|
| Open | $1,610,000 | ||
| Closed | $1,610,000 | ||
| Previous Owner | $135,000 |
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 |
|---|---|---|---|---|
| 09/13/2021 09/13/21 | Sold | $2,300,000 | 0.0% | $585 / Sq Ft |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- |
| 08/17/2021 08/17/21 | For Sale | $2,300,000 | -- | $585 / 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 | $31,801 | $2,440,777 | $1,167,328 | $1,273,449 |
| 2024 | $30,454 | $2,392,920 | $1,144,440 | $1,248,480 |
| 2023 | $29,953 | $2,346,000 | $1,122,000 | $1,224,000 |
| 2022 | $28,094 | $2,300,000 | $1,100,000 | $1,200,000 |
| 2021 | $13,487 | $1,073,125 | $492,375 | $580,750 |
| 2020 | $13,452 | $1,062,123 | $487,327 | $574,796 |
| 2019 | $13,296 | $1,041,298 | $477,772 | $563,526 |
| 2018 | $12,866 | $1,020,881 | $468,404 | $552,477 |
| 2016 | $11,829 | $981,241 | $450,216 | $531,025 |
| 2015 | $11,352 | $966,503 | $443,454 | $523,049 |
| 2014 | $11,263 | $947,572 | $434,768 | $512,804 |
Source: Public Records
Agents Affiliated with this Home
-
Jules Ayora
Seller's Agent in 2021
Jules Ayora
Seven Gables Real Estate
(714) 840-1031
2 in this area
29 Total Sales
-
Lauren J. Coombs, CCIM
Buyer's Agent in 2021
Lauren J. Coombs, CCIM
Keller Williams Pacific Estate
(562) 212-2879
1 in this area
16 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21180978
APN: 7263-024-001
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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