NOT LISTED FOR SALE

Estimated Value: $1,709,000 - $1,964,000

6 Beds
4 Baths
2,884 Sq Ft
$633/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $1,450,000 $503 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,545/month

10 Days on Market

Highlights

  • Craftsman Architecture
  • Main Floor Bedroom
  • Neighborhood Views
  • Woodrow Wilson High School Rated A
  • No HOA
  • Park

About This Home

As of September 2021

Your opportunity to own a pristine 3 unit investment property in Historic Bluff Heights has arrived. This property does not disappoint. The front house is a charming 4 bd, 1.75 bath Craftsman home with a classic covered porch entry. The backyard contains a charming garden area great for social gatherings and BBQs. Situated in the rear of the property with alley access one finds two 1 bd/1 bath rental units above a total of 5 garage spaces. The front house has new SPC flooring, new exterior paint, stainless appliances, updated kitchen & bathrooms, upgraded electrical service, and ample storage. The living room boasts original craftsman cabinetry and shelving. One can park 2 cars on the long front driveway. The back rental units have original hardwood floors, coved ceilings, mini-split A/C + heat, and each has a single garage plus a parking space. There is also a dedicated, updated laundry room with 2 new stackables. East Vista Street is a gorgeous tree-lined street. This trophy property is located just a few blocks from the beach, 4th Street and Broadway corridors, Belmont Shore hot spots and DTLB. One of the double garages is “finished” and can be used as a gym or office. Don’t miss out. This is a great place to call home in the heart of trendy Long Beach.

Last Agent to Sell the Property

Michelle Moebius

Keller Williams Beach Cities License #01867465 Listed on: 08/11/2021

Keller Williams Beach Cities

Last Buyer's Agent

Matt Miller

Matt Miller, Broker License #01939759

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,725

Year Built

  • Built in 1932

Lot Details

  • 7,501 Sq Ft Lot
  • 1 Common Wall
  • Southwest Facing Home
  • Fenced
  • Fence is in excellent condition
  • Garden
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Triplex
  • Craftsman Architecture
  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 2,884 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Location

  • Suburban Location

Utilities

  • Natural Gas Connected
  • Water Purifier

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 40
  • Tax Tract Number 5500
  • Assessor Parcel Number 7257026023
  • $18,725 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Belmont Heights Subdivision

Recreation

  • Park
  • Dog Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,725

Year Built

Built in 1932

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3103441164
  • Price Per Unit: 499333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Architectural Style: Craftsman, Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7257026023
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Ground level with steps
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 502.77
  • Room Type: Main Floor Bedroom

Exterior Features

  • Direction Faces: Southwest
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Water Purifier
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Park, Sidewalks, Storm Drains, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average1 Bed Area: 600
  • Gross Scheduled Income: 81795.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 7501.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Number Wall A C: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Other Expense Description: See supp
  • Rent Control: Yes
  • Total Actual Rent: 33795.00

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 5500
  • Tax Annual Amount: 18725.00
  • TaxOtherAnnualAssessmentAmount: 18725.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 15, 2021
Sold by
Miller Matthew Joseph
Bought by
Miller Matthew J and Matthew J Miller Living Trust
Seller's Agent
Michelle Moebius
Keller Williams Beach Cities
Buyer's Agent
Matt Miller
Matt Miller, Broker
List Price
$1,498,000
Sold Price
$1,450,000
Premium/Discount to List
-$48,000
-3.2%
Current Estimated Value
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,000
Avg. Annual Appreciation
3.95%
Original Mortgage
$1,483,350
Outstanding Balance
$1,355,609
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$333,058

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 15, 2021
Sold by
Evans Jami R
Bought by
Miller Matthew Joseph
Seller's Agent
Michelle Moebius
Keller Williams Beach Cities
Buyer's Agent
Matt Miller
Matt Miller, Broker
List Price
$1,498,000
Sold Price
$1,450,000
Premium/Discount to List
-$48,000
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,483,350
Outstanding Balance
$1,355,609
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$333,058

Purchase Details

Closed on
Jul 21, 2004
Sold by
Atherton Alexis
Bought by
Evans Jami R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Spear Harold N
Bought by
Evans Jami R and Atherton Alexis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1998
Sold by
Jones Lourdes
Bought by
Spear Harold N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.9%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Miller Matthew J -- Accommodation
Miller Matthew Joseph $1,450,000 Fidelity Natl Ttl Co Torranc
Evans Jami R -- Fidelity National Title Co
Evans Jami R $900,000 Fidelity National Title Co
Spear Harold N $369,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthew J Miller Living Trust $750,000
Open Miller Matthew Joseph $1,483,350
Previous Owner Evans Jami R $690,000
Previous Owner Evans Jami R $645,300
Previous Owner Evans Jami R $100,000
Previous Owner Evans Jami R $630,000
Previous Owner Evans Jami R $630,000
Previous Owner Spear Harold N $374,500
Previous Owner Spear Harold N $375,000
Previous Owner Spear Harold N $73,000
Previous Owner Spear Harold N $295,200
Closed Evans Jami R $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $1,450,000 -3.2% $503 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,498,000 -- $519 / Sq Ft
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 $19,441 $1,538,750 $923,250 $615,500
2024 $19,441 $1,508,580 $905,148 $603,432
2023 $19,118 $1,479,000 $887,400 $591,600
2022 $17,938 $1,450,000 $870,000 $580,000
2021 $14,830 $1,189,878 $719,684 $470,194
2020 $14,791 $1,177,678 $712,305 $465,373
2019 $14,619 $1,154,588 $698,339 $456,249
2018 $14,214 $1,131,950 $684,647 $447,303
2016 $13,074 $1,087,997 $658,062 $429,935
2015 $12,545 $1,071,655 $648,178 $423,477
2014 $12,455 $1,050,664 $635,482 $415,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21173760

California Regional Multiple Listing Service (CRMLS)

APN: 7257-026-023