NOT LISTED FOR SALE

2755 E De Soto St Long Beach, CA 90814

Bluff Heights Neighborhood

Estimated Value: $1,276,000 - $1,604,999

5 Beds
3 Baths
2,371 Sq Ft
$616/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $965,000 $407 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,779/month

41 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Cottage
  • Woodrow Wilson High School Rated A
  • Private Yard
  • Built-In Features

About This Home

As of November 2018

Front house: Charming 1919 cottage with 3rd bedroom and half bath added for additional space. Large open dining/living room area bathed by sunlight. Exposed wooden floors in most rooms. Kitchen features gas stove with ample counter space and storage. Space available for dining in the kitchen as well as the formal dining room.Washer and dryer located off the kitchen in a seperate space. Drought tolerant plants grace the front yard. Separate garage between the 2 rental homes. Area is gated so there is private outdoor space for both tenants.
Back house: 2 bedroom 1 bath. Large living room with dining room used as an office now. Kitchen remodeled within the last 5 years. Complete with a dishwasher and microwave. Mudroom houses the stacked washer and dryer. Large shower with glass doors in the bathroom. Garage space for small vehicle or storage attached to back house.

Last Agent to Sell the Property

Joan Chase Swing

RE/MAX College Park Realty License #01736594 Listed on: 08/02/2018

RE/MAX College Park Realty

Last Buyer's Agent

Joan Chase Swing

RE/MAX College Park Realty License #01736594 Listed on: 08/02/2018

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 7,002 Sq Ft Lot
  • No Common Walls
  • Redwood Fence
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Cottage
  • Partial Copper Plumbing

Interior Spaces

  • 2,371 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Wood Flooring
  • Built-In Range
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 11
  • Tax Tract Number 11
  • Assessor Parcel Number 7263024011

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,323
  • Water Sewer Expense $492
  • New Taxes Expense $12,187
  • Operating Expense $14,002
  • Gross Income $33,998
  • Net Operating Income $33,998

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Heights
  • Water Sewer Expenses: 492.00
  • Zoning: LBR2A
  • Architectural Style: Cottage
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7263024011
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 407.00
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Fence: Yes
  • Fencing: Redwood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7002.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 33998.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1323.00
  • Net Operating Income: 33998.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 14002.00
  • Rent Control: No
  • Total Actual Rent: 48000.00
  • Total Expenses: 14002.00

Tax Info

  • New Taxes Expense: 12187.00
  • Tax Census Tract: 5768.02
  • Tax Lot: 11
  • Tax Tract Number: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Wiener Jerome Harry and Saperstein Shari L
Bought by
17431 Oak Street Llc
Current Estimated Value
$1,461,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2020
Sold by
17431 Oak Street Llc
Bought by
Wiener Jerome Harry and Saperstein Shari L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2020
Sold by
Duncan Joanna J
Bought by
Duncan Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2018
Closed on
Sep 25, 2018
Sold by
Moore David Cardo and Moore Ekmerina Leunidovna
Bought by
17431 Oak Street Llc
Seller's Agent
Joan Chase Swing
RE/MAX College Park Realty
Buyer's Agent
Joan Chase Swing
RE/MAX College Park Realty
List Price
$975,000
Sold Price
$965,000
Premium/Discount to List
-$10,000
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$622,432
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2005
Sold by
Storrs Wayne Roy and Storrs Nancy Carol
Bought by
Moore David Cardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,400
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
17431 Oak Street Llc -- First American Title Company
Wiener Jerome Harry -- First American Title Company
Duncan Cary -- First American Title Company
17431 Oak Street Llc $965,000 Western Resources Title Comp
Moore David Cardo $688,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiener Jerome Harry $620,000
Previous Owner 17431 Oak Street Llc $622,432
Previous Owner Moore David Cardo $550,400
Closed Moore David Cardo $103,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $965,000 -1.0% $407 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $975,000 +1.0% $411 / Sq Ft
08/02/2018 08/02/18 Off Market $965,000 -- --
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 $13,680 $1,076,472 $780,861 $295,611
2024 $13,680 $1,055,365 $765,550 $289,815
2023 $13,455 $1,034,673 $750,540 $284,133
2022 $12,629 $1,014,386 $735,824 $278,562
2021 $12,384 $994,497 $721,397 $273,100
2020 $12,351 $984,300 $714,000 $270,300
2019 $12,208 $965,000 $700,000 $265,000
2018 $10,566 $842,837 $503,498 $339,339
2016 $9,715 $810,111 $483,948 $326,163
2015 $9,321 $797,943 $476,679 $321,264
2014 $6,499 $540,000 $380,000 $160,000
Source: Public Records

Agents Affiliated with this Home

  • Joan Chase Swing

    Seller's Agent in 2018

    Joan Chase Swing

    RE/MAX

    (562) 708-3157

    64 Total Sales

    Joan Chase Swing
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18186661

California Regional Multiple Listing Service (CRMLS)

APN: 7263-024-011

California Los Angeles County Long Beach 90814 Bluff Heights

2755 E De Soto St, Long Beach, CA

Not Listed for Sale

MultiFamily

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