Lynn Lord
Estate Properties
(562) 582-8571
51 Total Sales
2 in Bluff Park
$825K - $961K Price Range
2717 E 1st St Long Beach, CA 90803
Bluff Park NeighborhoodEstimated Value: $2,634,527
8
Beds
4
Baths
5,658
Sq Ft
$466/Sq Ft
Est. Value
Highlights
- No HOA
- Bike Trail
- 5-minute walk to Bluff Park
- Wilson High School Rated A
- Back and Front Yard
About This Home
As of August 2024Attention investors! Here's a prime opportunity with significant upside profit potential. Presenting four spacious (1,400 sq feet each), renovated 2-bedroom/1-bathroom units, complete private laundry facilities. Situated in the prime Bluff Park historic district, this property boasts five garages and offers the possibility to construct additional 2 units. Each unit showcases upgraded kitchens with granite countertops, hardwood flooring, and custom-built cabinetry, lost of storage and the perfect spot for a home office. A beautifully landscaped courtyard serves as a delightful common garden space, separating the units from the garages. Just one block from the beach, close to restaurants, downtown Long Beach with multiple options for work, leisure and entertainment. All units are currently rented. Showings only after an accepted offer.
Last Agent to Sell the Property
eXp Realty of Greater Los Angeles Brokerage Phone: 562-221-4527 License #01941438 Listed on: 06/06/2024
Last Buyer's Agent
eXp Realty of Greater Los Angeles Brokerage Phone: 562-221-4527 License #01941438 Listed on: 06/06/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 8,263 Sq Ft Lot
- Two or More Common Walls
- Back and Front Yard
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 5,658 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 16 / 72
- Tax Tract Number 5500
- Assessor Parcel Number 7264025017
- $1,059 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 5 Units
- Bluff Park Subdivision
Amenities
- Laundry Facilities
Recreation
- Water Sports
- Bike Trail
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,903
- Other Expense $531
- Water Sewer Expense $1,500
- Operating Expense $6,193
- Gross Income $147,420
- Net Operating Income $147,420
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
Jun 6, 2024
Closed on
Jul 25, 2024
Sold by
Huang Yunchi C
Bought by
Seller's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
Buyer's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
List Price
$2,550,000
Sold Price
$2,290,000
Premium/Discount to List
-$260,000
-10.2%
Views
11
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
$344,527
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,300,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 7, 2023
Sold by
Whitnah Joseph R
Bought by
Huang Yunchi C
Purchase Details
Listed on
Dec 7, 2011
Closed on
Mar 23, 2012
Sold by
Nilsen David Christian
Bought by
Whitnah Joseph R and Huang Yunchi C
Seller's Agent
Richard Gaylord
Re/Max R. E. Specialists
Buyer's Agent
Richard Gaylord
Re/Max R. E. Specialists
List Price
$1,350,000
Sold Price
$1,270,000
Premium/Discount to List
-$80,000
-5.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$801,950
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2006
Sold by
Nilsen David
Bought by
Nilsen David Christian and Nilsen Kristen Nicole
Purchase Details
Closed on
Sep 25, 1996
Sold by
Parkin Robert W
Bought by
Nilsen David and Nilsen Kristen Nicole
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bluff Park, CA
-
Lynn Lord
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
119 Total Sales
1 in Bluff Park
$820,000 Price
-
Kathleen Spurlock
Kathleen Spurlock
Coldwell Banker Realty
(562) 269-1596
24 Total Sales
6 in Bluff Park
$600K - $995K Price Range
-
Marjorie Tyson
Marjorie Tyson
Coldwell Banker Envision
(424) 378-4827
18 Total Sales
2 in Bluff Park
$610K - $620K Price Range
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
259 Total Sales
1 in Bluff Park
$2,125,000 Price
-
Jane Yim
Jane Yim
Real Broker
(562) 379-6695
36 Total Sales
1 in Bluff Park
$635,000 Price
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 |
|---|---|---|---|
| $2,290,000 | Fidelity National Title | ||
| Huang Yunchi C | -- | None Listed On Document | |
| Whitnah Joseph R | $1,270,000 | North American Title Company | |
| Nilsen David Christian | -- | None Available | |
| Nilsen David | $475,000 | North 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 | $1,281,163 | ||
| Closed | Haghnazari Gorenberg Trust | $1,300,000 | |
| Previous Owner | Whitnah Joseph R | $685,330 | |
| Previous Owner | Whitnah Joseph R | $795,000 | |
| Previous Owner | Whitnah Joseph R | $801,950 | |
| Previous Owner | Nilsen David Christian | $682,500 | |
| Previous Owner | Nilsen David | $471,000 | |
| Previous Owner | Nilsen David | $493,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $2,290,000 | 0.0% | $405 / Sq Ft | |
| 07/02/2024 07/02/24 | Price Changed | $2,290,000 | -10.2% | $405 / Sq Ft | |
| 06/18/2024 06/18/24 | Pending | -- | -- | -- | |
| 06/06/2024 06/06/24 | For Sale | $2,550,000 | +100.8% | $451 / Sq Ft | |
| 05/08/2012 05/08/12 | Sold | $1,270,000 | -5.9% | $224 / Sq Ft | View Prior Sale |
| 03/19/2012 03/19/12 | Pending | -- | -- | -- | |
| 12/07/2011 12/07/11 | For Sale | $1,350,000 | -- | $239 / 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 |
|---|---|---|---|---|
| 2026 | $30,239 | $2,335,800 | $1,530,000 | $805,800 |
| 2025 | $30,239 | $2,290,000 | $1,500,000 | $790,000 |
| 2024 | $20,477 | $1,563,902 | $1,102,124 | $461,778 |
| 2023 | $20,137 | $1,533,238 | $1,080,514 | $452,724 |
| 2022 | $18,906 | $1,503,176 | $1,059,328 | $443,848 |
| 2021 | $18,520 | $1,473,703 | $1,038,557 | $435,146 |
| 2019 | $18,256 | $1,429,994 | $1,007,753 | $422,241 |
| 2018 | $17,755 | $1,401,956 | $987,994 | $413,962 |
| 2016 | $16,312 | $1,347,519 | $949,630 | $397,889 |
| 2015 | $15,656 | $1,327,279 | $935,366 | $391,913 |
| 2014 | $15,545 | $1,301,280 | $917,044 | $384,236 |
Source: Public Records
Agents Affiliated with this Home
-
Costanza Genoese Zerbi
Seller's Agent in 2024
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
2 in this area
277 Total Sales
-
Richard Gaylord
Seller's Agent in 2012
Richard Gaylord
RE/MAX
(562) 618-2113
24 Total Sales
-
DA
Seller Co-Listing Agent in 2012
Drew Avery
RE/MAX
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24102935
APN: 7264-025-017
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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