Seller's Agent in 2023
Wayne Ishimine
Y Realty
(562) 513-7800
1 in this area
27 Total Sales
2828 E 3rd St Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated Value: $1,645,000 - $1,971,139
4
Beds
4
Baths
3,166
Sq Ft
$560/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Wood Flooring
- No HOA
- Woodrow Wilson High School Rated A
- Spanish Architecture
- Beamed Ceilings
About This Home
As of November 2023Great opportunity for an owner-occupant or appreciative investor to procure an architectural gem. This Spanish colonial revival style duplex includes a 2 bed, 1 1/2 bath ”owner’s unit” of approx 1800 sq ft, with coved ceilings, arched entryways, built-ins, alcove, and detailed wood molding. A quartz counter top kitchen with shaker cabinetry and new dishwasher opens to the family room with a high wood beamed ceiling. A spacious, composite material deck creates an excellent extension to the family room. The 2nd unit is a similar floor plan with approx 1400 sq ft, featuring a beautifully etched mock fireplace and original hardwood flooring. All bedrooms are oversized with great closet space and have access to quaint balconies. The units have central A/C and individual laundry rooms. Gas and electricity (200 amp service) are separately metered. The large lot allows for a savvy investor to explore its ADU potential. Located blocks from the beach, 4th St Retro Row, Broadway, and close to downtown and Belmont Shore, this is an ideal residence and/or investment.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 7,501 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Front Yard
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Driveway
Home Design
- Duplex
- Spanish Architecture
- Entry on the 1st floor
- Additions or Alterations
- Flat Roof Shape
- Raised Foundation
- Composition Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 3,166 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- Decorative Fireplace
- Family Room
- Living Room with Fireplace
Kitchen
- Electric Oven
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Listing and Financial Details
- Legal Lot and Block 8 / U
- Assessor Parcel Number 7257025005
- $592 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,000
- Water Sewer Expense $2,000
- New Taxes Expense $20,000
- Operating Expense $25,200
- Gross Income $81,600
- Net Operating Income $56,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2023
Closed on
Oct 4, 2023
Sold by
Plourde Ferdinand J
Bought by
Gokal Abbas K and Gokal Alison S
Seller's Agent
Wayne Ishimine
Y Realty
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$1,650,000
Sold Price
$1,580,000
Premium/Discount to List
-$70,000
-4.24%
Views
37
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
$192,785
Avg. Annual Appreciation
5.61%
Original Mortgage
$948,000
Outstanding Balance
$929,811
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$842,974
Purchase Details
Closed on
Aug 21, 2008
Sold by
Bennett Marjorie E
Bought by
Quinn Jeri L
Purchase Details
Closed on
Dec 6, 2004
Sold by
Hawkins Daniel C
Bought by
Bennett Marjorie E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gokal Abbas K | $1,580,000 | Fidelity National Title | |
| Quinn Jeri L | -- | None Available | |
| Bennett Marjorie E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gokal Abbas K | $948,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $1,580,000 | -4.2% | $499 / Sq Ft |
| 10/03/2023 10/03/23 | Pending | -- | -- | -- |
| 09/16/2023 09/16/23 | For Sale | $1,650,000 | -- | $521 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,213 | $1,611,600 | $1,101,600 | $510,000 |
| 2024 | $20,213 | $1,580,000 | $1,080,000 | $500,000 |
| 2023 | $1,944 | $114,459 | $49,921 | $64,538 |
| 2022 | $1,843 | $112,216 | $48,943 | $63,273 |
| 2021 | $1,784 | $110,017 | $47,984 | $62,033 |
| 2019 | $1,758 | $106,755 | $46,561 | $60,194 |
| 2018 | $1,618 | $104,663 | $45,649 | $59,014 |
| 2016 | $1,466 | $100,600 | $43,877 | $56,723 |
| 2015 | $1,417 | $99,089 | $43,218 | $55,871 |
| 2014 | $1,420 | $97,149 | $42,372 | $54,777 |
Source: Public Records
Agents Affiliated with this Home
-
Wayne Ishimine
-
Natasha Schultheis
Buyer's Agent in 2023
Natasha Schultheis
Coldwell Banker Realty
(562) 438-0910
5 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23170445
APN: 7257-025-005
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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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