Ross Gagnon
Coldwell Banker Realty
(949) 518-3075
37 Total Sales
2 in Bluff Park
$740,000 Price Range
2833 E 1st St Long Beach, CA 90803
Bluff Park NeighborhoodEstimated Value: $2,456,000 - $3,017,000
4
Beds
4
Baths
4,940
Sq Ft
$565/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- Wilson High School Rated A
- No HOA
About This Home
As of October 2012Incredible opportunity for an astute investor/owner-user to purchase a well maintained, charming 4-unit building located two blocks from the ocean right in the middle of the historic Bluff Park area of Long Beach. Just minutes away from downtown Long Beach restaurants, Belmont Shore and Shoreline Village, this building features huge 1200+ sq. ft. units. Also included 4 garages in the back off of the alley. Recent upgrades include new roof, recently replaced sewer line, sprinkler system, repainted exterior and window trim replacements.
Below market price at only $233/sq. ft. on very large 8,246 sq. ft. lot
Very low rents and significant rental upside. Potential additional income from renting garages.
Two of the units have lofts that can be used for sleeping.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01069014 Listed on: 09/13/2012
Last Buyer's Agent
Trace Keasler
Realty One Group, Inc. License #01023118
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 8,234 Sq Ft Lot
- Lot Dimensions are 55' x 150'
Parking
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 4,940 Sq Ft Home
- Craftsman Architecture
- Stucco
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 14 / 73
- Tax Tract Number 10407
- Assessor Parcel Number 7264008015
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,200
- Insurance Expense $2,000
- Maintenance Expense $3,015
- Trash Expense $1,200
- Water Sewer Expense $3,000
- New Taxes Expense $13,740
- Gross Income $5,025
- Net Operating Income $32,530
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
Nov 22, 2019
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Sep 13, 2012
Closed on
Oct 1, 2012
Sold by
Bought by
Seller's Agent
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Trace Keasler
Realty One Group, Inc.
List Price
$1,149,000
Sold Price
$1,149,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bluff Park, CA
-
Ross Gagnon
-
Erin Barry
Erin Barry
Seven Gables Real Estate
(424) 688-7302
26 Total Sales
1 in Bluff Park
$895,000 Price
-
Barbara Bayles Adams
Barbara Bayles Adams
First Team Real Estate
(657) 300-5361
21 Total Sales
1 in Bluff Park
$400,500 Price
-
Kimiah Wyer
Kimiah Wyer
Keller Williams Realty
(562) 247-4034
47 Total Sales
1 in Bluff Park
$690,000 Price
-
Connie Wildasinn
Connie Wildasinn
WGroup Realtors
(424) 368-9353
22 Total Sales
1 in Bluff Park
$1,575,000 Price
-
Rebecca Sekulich
Rebecca Sekulich
Compass
(424) 367-1735
45 Total Sales
1 in Bluff Park
$515,000 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 | ||
| $1,149,000 | 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 |
|---|---|---|---|
| Previous Owner | $525,000 |
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 |
|---|---|---|---|---|
| 10/05/2012 10/05/12 | Sold | $1,149,000 | 0.0% | $233 / Sq Ft |
| 09/18/2012 09/18/12 | Pending | -- | -- | -- |
| 09/13/2012 09/13/12 | For Sale | $1,149,000 | -- | $233 / 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 | $19,065 | $1,414,901 | $985,138 | $429,763 |
| 2024 | $18,234 | $1,387,159 | $965,822 | $421,337 |
| 2023 | $17,930 | $1,359,961 | $946,885 | $413,076 |
| 2022 | $16,836 | $1,333,296 | $928,319 | $404,977 |
| 2021 | $16,492 | $1,307,154 | $910,117 | $397,037 |
| 2020 | $16,448 | $1,293,751 | $900,785 | $392,966 |
| 2019 | $16,257 | $1,268,384 | $883,123 | $385,261 |
| 2018 | $15,801 | $1,243,514 | $865,807 | $377,707 |
| 2016 | $14,520 | $1,195,229 | $832,188 | $363,041 |
| 2015 | $13,938 | $1,177,276 | $819,688 | $357,588 |
| 2014 | $13,843 | $1,154,216 | $803,632 | $350,584 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Millea
Seller's Agent in 2012
Michael Millea
Lyon Stahl Investment Real Estate, Inc.
(310) 251-2083
45 Total Sales
-
T
Buyer's Agent in 2012
Trace Keasler
Realty One Group, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S12114821
APN: 7264-008-015
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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