NOT LISTED FOR SALE

2958 Pacific Ave Long Beach, CA 90806

North Wrigley Neighborhood

Estimated Value: $753,000 - $895,382

4 Beds
2 Baths
1,629 Sq Ft
$506/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $530,000 $325 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,124/month

9 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3-minute walk to Veterans Park
  • Long Beach Polytechnic High School Rated A
  • Back Yard

About This Home

As of April 2019

Two units in Wrigley both tenant occupied. Both units are two bedroom and one baths each. The back unit has updated kitchen, bathroom and newer windows and a nice backyard with a two car garage. The front unit has a long time tenant of over 30 years.

Last Agent to Sell the Property

Pat Cassara

Keller Williams Coastal Prop. License #00776543 Listed on: 03/18/2019

Keller Williams Coastal Prop.

Last Buyer's Agent

Ben J Johnson

City Wide Property Management License #00673471

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,715

Year Built

  • Built in 1949

Lot Details

  • 6,604 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,629 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7206005005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $600
  • New Taxes Expense $6,500
  • Operating Expense $9,500
  • Gross Income $18,000
  • Net Operating Income $8,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,715

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7206005005
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 325.35

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6604.00
  • Lot Size Acres: 0.1516

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6604.0000 Square Feet
  • Net Operating Income: 8500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9500.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 9500.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 5722.02
  • Tax Lot: 5
  • Tax Tract Number: Willow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
Apr 22, 2019
Sold by
1994 Thomas E Aguilar Trust
Bought by
Kraus Vincent J and Kraus Barbara E
Seller's Agent
Pat Cassara
Keller Williams Coastal Prop.
Buyer's Agent
Ben J Johnson
City Wide Property Management
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$824,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,096
Avg. Annual Appreciation
6.96%
Original Mortgage
$397,500
Outstanding Balance
$350,895
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$461,433

Purchase Details

Closed on
Aug 19, 1994
Sold by
Aguilar Thomas E
Bought by
Aguilar Thomas E and The 1994 Thomas E Aguilar Trust
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
Kraus Vincent J $530,000 Lawyers Title
Aguilar Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraus Vincent J $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $530,000 0.0% $325 / Sq Ft
04/02/2019 04/02/19 Off Market $530,000 -- --
03/27/2019 03/27/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $530,000 -- $325 / 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 $7,715 $591,221 $334,654 $256,567
2024 $7,715 $579,630 $328,093 $251,537
2023 $7,587 $568,265 $321,660 $246,605
2022 $7,128 $557,123 $315,353 $241,770
2021 $6,986 $546,200 $309,170 $237,030
2019 $2,022 $127,870 $59,263 $68,607
2018 $1,859 $125,363 $58,101 $67,262
2017 $1,840 $122,906 $56,962 $65,944
2016 $1,708 $120,497 $55,846 $64,651
2015 $1,646 $118,688 $55,008 $63,680
2014 $1,648 $116,364 $53,931 $62,433
Source: Public Records

Agents Affiliated with this Home

  • Pat Cassara

    Seller's Agent in 2019

    Pat Cassara

    Keller Williams Coastal Prop.

    (562) 818-2483

    1 in this area

    38 Total Sales

    Pat Cassara
    Section Image
  • Ben J Johnson

    Buyer's Agent in 2019

    Ben J Johnson

    City Wide Property Management

    (310) 798-4085

    5 Total Sales

    Ben J Johnson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19062377

California Regional Multiple Listing Service (CRMLS)

APN: 7206-005-005

California Los Angeles County Long Beach 90806 North Wrigley

2958 Pacific Ave, Long Beach, CA

This home is located at 2958 Pacific Ave, Long Beach, CA 90806 since 18 March 2019 and is currently estimated at $824,096, approximately $505 per square foot. This property was built in 1949. 2958 Pacific Ave is a home located in Los Angeles County with nearby schools including Jackie Robinson Academy, Long Beach Polytechnic High School, and Pacific Baptist School.

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.

California Regional Multiple Listing Service (CRMLS) 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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