NOT LISTED FOR SALE

2916 E 10th St Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $1,106,000 - $1,335,279

4 Beds
2 Baths
2,622 Sq Ft
$458/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $950,000 $362 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,628/month

4 Days on Market

About This Home

As of July 2021

2916 E 10th St is a duplex in Long Beach, CA in the desirable Eastside Rose Park neighborhood. The building is well-maintained 1930s construction with spacious 2 bed 1 bath units and gated parking. Units have hardwood floors, stainless steel appliances, granite countertops, and washer and dryer. One unit will be delivered vacant at the close of escrow which makes this a fantastic owner user investment opportunity with 15% upside in rents. The property is conveniently located 1.5 miles from the Long Beach City Beach and the Recreation Park Golf Course. It's also 3 miles off the N Lakewood Exit from the 405 Freeway. The upstairs unit is currently owner-occupied. The owner will be moving out and this unit has been underwritten at a projected market rent of $2,400 per month in our investment summary.

Last Agent to Sell the Property

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 06/08/2021

Last Buyer's Agent

David Harrington

Matthews Real Estate Investment Services License #01320460 Listed on: 06/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,935

Year Built

  • Built in 1938

Lot Details

  • 4,507 Sq Ft Lot

Parking

  • 3 Parking Spaces

Interior Spaces

  • 2,622 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7258-015-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,935

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2622
  • Lot Acreage: 0.1035
  • Probate: No
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 354.69

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Total Parking: 3

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 7258-015-002
  • Lot Size Area: 4507

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.14
  • Number Of Units: 2
  • Total Annual Expense: 19105
  • Type Of Units: Apartments
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
1031 Servicing Corp
Bought by
Rigole Rod and The Rod Rigole Living Trust
Current Estimated Value
$1,202,070

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 19, 2021
Sold by
Bell Scott E and The Scott E Bell Revocable Liv
Bought by
1031 Servicing Corp
Seller's Agent
David Harrington
Matthews Real Estate Investment Services
Buyer's Agent
David Harrington
Matthews Real Estate Investment Services
List Price
$930,000
Sold Price
$950,000
Premium/Discount to List
$20,000
2.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Feb 7, 2008
Sold by
Bell Scott E
Bought by
Bell Scott E and Scott E Bell Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Bell Scott E
Bought by
Bell Scott E and Scott E Bell Revocable Living Trust

Purchase Details

Closed on
May 23, 2006
Sold by
Bell Scott and Scott E Bell Revocable Living
Bought by
Bell Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 3, 2006
Sold by
Bell Scott
Bought by
Bell Scott E and Scott E Bell Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 6, 2005
Sold by
10Th Street Apartments Llc
Bought by
Bell Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,600
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 29, 2004
Sold by
Guell John and Willis Guell Bernita
Bought by
Guell John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2004
Sold by
Guell John and Willis Guell Bernita
Bought by
10Th Street Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2001
Sold by
Freeborn Helen N and Helen N Freeborn Trust
Bought by
Guell John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rigole Rod -- Fidelity Natl Ttl Builder Sv
1031 Servicing Corp $950,000 Chicago Title
Bell Scott E -- Accommodation
Bell Scott E -- Southland Title Company
Bell Scott E -- None Available
Bell Scott -- Alliance Title Company
Bell Scott E -- None Available
Bell Scott $599,500 First American Title Co
Guell John -- First American Title Ins Co
10Th Street Apartments Llc -- First American Title Co Los
Guell John $290,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rod Rigole Living Trust $650,000
Previous Owner Bell Scott E $746,000
Previous Owner Bell Scott $588,000
Previous Owner Bell Scott $479,600
Previous Owner 10Th Street Apartments Llc $100,000
Previous Owner Guell John $350,000
Previous Owner Guell John $232,000
Closed Bell Scott $119,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2024 09/07/24 For Rent $1,700 0.0% --
07/27/2021 07/27/21 Sold $950,000 +2.2% $362 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $930,000 -- $355 / Sq Ft
Source: The MLS

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 $12,935 $1,008,147 $424,483 $583,664
2024 $12,935 $988,380 $416,160 $572,220
2023 $12,717 $969,000 $408,000 $561,000
2022 $11,827 $950,000 $400,000 $550,000
2021 $9,695 $772,000 $514,456 $257,544
2020 $9,670 $764,085 $509,181 $254,904
2019 $9,558 $749,104 $499,198 $249,906
2018 $9,260 $734,416 $489,410 $245,006
2016 $8,509 $705,899 $470,406 $235,493
2015 $8,166 $695,297 $463,341 $231,956
2014 $8,108 $681,678 $454,265 $227,413
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    David Harrington

    Matthews Real Estate Investment Services

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Map

Source: The MLS

MLS Number: 21-744434

The MLS

APN: 7258-015-002

California Los Angeles County Long Beach 90804 Rose Park

2916 E 10th St, Long Beach, CA

This home is located at 2916 E 10th St, Long Beach, CA 90804 since 08 June 2021 and is currently estimated at $1,202,070, approximately $458 per square foot. This property was built in 1938. 2916 E 10th St is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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