Brad Hansen
ENRG Realty, Inc
(949) 570-5651
89 Total Sales
2 in Bluff Heights
$885,000 Price Range
281 Molino Ave Long Beach, CA 90803
Bluff Heights Neighborhood
--
Bed
1
Bath
2,738
Sq Ft
6,798
Sq Ft Lot
Highlights
- Laundry Facilities
- Woodrow Wilson High School Rated A
- Level Lot
About This Home
As of June 2018The Molino Apartments is a 6-unit garden style apartment community comprised of two buildings consisting of all one bedroom / one bath units and four private garages. The property presents investors with a stabilized asset in a highly-sought after non-rent controlled market. The asset is just steps away from the beach located in the prestigious Bluff Heights neighborhood and a short drive to the 2nd Street retail corridor.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 03/20/2018
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1918
Lot Details
- 6,798 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 4 Car Garage
Home Design
- 2,738 Sq Ft Home
- Property Attached
Additional Features
- 1 Bathroom
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 5500
- Assessor Parcel Number 7263017005
Community Details
Overview
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $975
- Fuel Expense $975
- Gardener Expense $600
- Insurance Expense $1,095
- Maintenance Expense $2,700
- Pest Control $500
- Professional Management Expense $4,993
- Supplies Expense $1,350
- Trash Expense $975
- Water Sewer Expense $975
- New Taxes Expense $20,346
- Operating Expense $35,985
- Gross Income $99,864
- Net Operating Income $63,879
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
Closed on
Dec 18, 2018
Sold by
Bought by
Purchase Details
Listed on
Mar 20, 2018
Closed on
Apr 28, 2018
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Haik Bokhchalian
JohnHart Real Estate
List Price
$1,600,000
Sold Price
$1,600,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 30, 2013
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
$670,000
Interest Rate
4.04%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 24, 2013
Sold by
Bought by
Purchase Details
Closed on
Jan 19, 2006
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
$637,500
Interest Rate
6.28%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bluff Heights, CA
-
Brad Hansen
-
Erin Barry
Erin Barry
Seven Gables Real Estate
(424) 688-7302
26 Total Sales
2 in Bluff Heights
$431K - $1.5M Price Range
-
Teresa Gorman
Teresa Gorman
Fiduciary Real Estate Services
(949) 569-5182
78 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
47 Total Sales
2 in Bluff Heights
$434,000 Price Range
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
1 in Bluff Heights
$460,000 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 |
|---|---|---|---|
| -- | None Available | ||
| -- | None Available | ||
| $1,600,000 | Ticor Title Company | ||
| $895,000 | Ticor Title Company | ||
| -- | None Available | ||
| $850,000 | Fidelity National 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 | $890,000 | ||
| Previous Owner | $960,000 | ||
| Previous Owner | $670,000 | ||
| Previous Owner | $650,000 | ||
| Previous Owner | $637,500 |
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 |
|---|---|---|---|---|
| 06/08/2018 06/08/18 | Sold | $1,600,000 | 0.0% | $584 / Sq Ft |
| 04/23/2018 04/23/18 | Pending | -- | -- | -- |
| 03/20/2018 03/20/18 | For Sale | $1,600,000 | -- | $584 / 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 | $23,840 | $1,784,825 | $1,338,620 | $446,205 |
| 2024 | $22,826 | $1,749,829 | $1,312,373 | $437,456 |
| 2023 | $22,438 | $1,715,520 | $1,286,641 | $428,879 |
| 2022 | $21,057 | $1,681,883 | $1,261,413 | $420,470 |
| 2021 | $20,644 | $1,648,906 | $1,236,680 | $412,226 |
| 2020 | $20,984 | $1,664,640 | $1,248,480 | $416,160 |
| 2019 | $20,736 | $1,632,000 | $1,224,000 | $408,000 |
| 2018 | $12,503 | $964,242 | $646,420 | $317,822 |
| 2016 | $11,516 | $926,802 | $621,320 | $305,482 |
| 2015 | $11,059 | $912,882 | $611,988 | $300,894 |
| 2014 | $11,001 | $895,000 | $600,000 | $295,000 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
Seller's Agent in 2018
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
3 in this area
80 Total Sales
-
Haik Bokhchalian
Buyer's Agent in 2018
Haik Bokhchalian
JohnHart Real Estate
(818) 400-1868
344 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18064485
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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