NOT LISTED FOR SALE

3001 E Coolidge St Long Beach, CA 90805

Ramona Park Neighborhood

Estimated Value: $1,400,000 - $2,167,096

6 Beds
6 Baths
3,000 Sq Ft
$595/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $1,295,000 $432 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $10,684/month

9 Days on Market

About This Home

As of October 2017

6 Single-Story Non Rent Control Units with a garden-style layout in North Long Beach situated on a Large 9,493 square foot lot. An attractive corner location with easy to rent spacious 1 bedroom units. This trophy investment has had many recent capital improvements including but not limited to new Spanish style tile roofs, new windows, iron security doors, wood perimeter fencing and much more. The property is located in a quiet neighborhood predominantly surrounded by single family homes. The property is located near the cities of Bellflower, Paramount and Lakewood.

Last Agent to Sell the Property

Shant Sherbetdjian

Remax Commercial and Investment Realty License #01713570 Listed on: 09/11/2017

Remax Commercial and Investment Realty

Last Buyer's Agent

Amitabh Sharma

Coldwell Banker Realty License #01510130

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,493 Sq Ft Lot

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces

Community Details

  • 2 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 7120-002-034

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3000
  • Stories: 1
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 431.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Uncovered
  • Total Parking: 8

Utilities

  • Water Expense: 2004.00

Fee Information

  • Insurance Expense: 1350.00
  • Maintenance Expense: 3987.00
  • Other Expense: 2043.00

Lot Info

  • Assessed Improvement Value: 212207
  • Assessed Land Value: 281175
  • Assessor Parcel Number: 7120-002-034
  • Geocode Override: No
  • Lot Size Area: 9493

Rental Info

  • Monthly Gross Income: 6850.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 15.75
  • Gross Scheduled Income: 82200.00
  • Number Of Units: 6
  • Type Of Units: Single Story
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 14973.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Graciano Jorge D Gomez and Graciano Kathleen G
Bought by
Jorge D Gomez Graciano And Kathleen G Gomez R
Current Estimated Value
$1,739,913

Purchase Details

Listed on
Sep 11, 2017
Closed on
Sep 21, 2017
Sold by
Delecor Investments Llc
Bought by
Gomez Jorge D and Gomez Kathleen G
Seller's Agent
Shant Sherbetdjian
Remax Commercial and Investment Realty
Buyer's Agent
Amitabh Sharma
Coldwell Banker Realty
List Price
$1,295,000
Sold Price
$1,295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%

Purchase Details

Listed on
Sep 1, 2016
Closed on
Aug 30, 2016
Sold by
Jeffers Suzann Lee Myque
Bought by
Parada Oswald
Seller's Agent
Sam Chinarian
Coldwell Banker Realty
Buyer's Agent
Brianne Brianne
Lee Durst, Broker
List Price
$749,900
Sold Price
$749,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.87%
Original Mortgage
$75,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2016
Closed on
Aug 29, 2016
Sold by
Chinarian Sam
Bought by
Chinarian Geraldine B
Seller's Agent
Sam Chinarian
Coldwell Banker Realty
Buyer's Agent
Brianne Brianne
Lee Durst, Broker
List Price
$749,900
Sold Price
$749,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 27, 2011
Sold by
Chinarian Sam
Bought by
Chinarian Geraldine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2011
Sold by
First American Trust
Bought by
Parada Adam and Inoferio Bridger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jorge D Gomez Graciano And Kathleen G Gomez R -- None Listed On Document
Graciano Jorge D Gomez -- None Listed On Document
Gomez Jorge D $1,295,000 Fidelity National Title
Parada Oswald -- Ticor Title Company
Chinarian Geraldine B -- Ticor Title Company
Delecor Investments Llc $750,000 Ticor Title Company
Parada Adam -- Ticor Title Company
Chinarian Geraldine B -- First American Title Ins Co
Parada Adam $465,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parada Oswald $75,000
Previous Owner Parada Adam $75,000
Previous Owner Delecor Investments Llc $562,425
Previous Owner Chinarian Geraldine B $315,000
Previous Owner Parada Adam $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2017 10/26/17 Sold $1,295,000 0.0% $432 / Sq Ft
09/11/2017 09/11/17 For Sale $1,295,000 +72.7% $432 / Sq Ft
09/12/2016 09/12/16 Sold $749,900 0.0% $250 / Sq Ft View Prior Sale
09/01/2016 09/01/16 For Sale $749,900 0.0% $250 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $749,900 -- $250 / 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 $19,143 $1,473,484 $563,223 $910,261
2024 $19,143 $1,444,593 $552,180 $892,413
2023 $18,817 $1,416,268 $541,353 $874,915
2022 $17,670 $1,388,499 $530,739 $857,760
2021 $17,318 $1,361,275 $520,333 $840,942
2019 $17,072 $1,321,480 $504,900 $816,580
2018 $16,543 $1,295,580 $495,000 $800,580
2016 $6,547 $493,382 $281,175 $212,207
2015 $6,299 $485,972 $276,952 $209,020
2014 $6,285 $476,453 $271,527 $204,926
Source: Public Records

Agents Affiliated with this Home

  • Amitabh Sharma

    Buyer's Agent in 2017

    Amitabh Sharma

    Coldwell Banker Realty

    (949) 280-0322

    63 Total Sales

    Amitabh Sharma
    Section Image
  • Sam Chinarian

    Seller's Agent in 2016

    Sam Chinarian

    Coldwell Banker Realty

    (949) 422-4726

    35 Total Sales

    Sam Chinarian
    Section Image

  • B

    Buyer's Agent in 2016

    Brianne Brianne

    Lee Durst, Broker

    Section Image
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Map

Source: The MLS

MLS Number: 17-269216

The MLS

APN: 7120-002-034

California Los Angeles County Long Beach 90805 Ramona Park

3001 E Coolidge St, Long Beach, CA

Not Listed for Sale

MultiFamily

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