Kimiah Wyer
Keller Williams Realty
(562) 247-4034
47 Total Sales
2 in Bluff Heights
$434,000 Price Range
3032 E 7th St Long Beach, CA 90804
Bluff Heights NeighborhoodEstimated Value: $2,631,588
4
Beds
2
Baths
6,040
Sq Ft
$436/Sq Ft
Est. Value
Highlights
- Laundry Facilities
- Wilson High School Rated A
- 4-minute walk to Rose Park
About This Home
As of May 20233032 E. 7th Street is a 10-unit apartment building in the popular Rose Park neighborhood of Long Beach, California. The property consists of (4) 2 BD/1 BA units, (4) 1 BD/1BA units and (2) retail units. All residential units feature balconies or patios, and select units have been renovated with new flooring and kitchens. On site laundry is available, contributing to the current income, as well (4) garages with the potential for parking income. The property has a Walk Score of 92 out of 100, considered a "Walker's Paradise", so daily errands do not require a car. Living in Rose Park offers residents an urban/suburban mix feel and most residents rent their homes. The area offers many amenities such as bars, restaurants, coffee shops and parks, and the neighborhood is highly rated for families and young professionals. Public schools in the area are also highly rated. 3032 E. 7th Street provides a new owner with over 20% rental upside potential in a desirable rental market.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 03/02/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 5,640 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 4 Car Garage
Home Design
- 6,040 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Legal Lot and Block 5 / E
- Tax Tract Number 5768
- Assessor Parcel Number 7258030005
- $1,489 per year additional tax assessments
Community Details
Overview
- 10 Units
- Eastside Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,875
- Fuel Expense $1,875
- Gardener Expense $1,000
- Insurance Expense $5,138
- Maintenance Expense $7,000
- Other Expense $2,250
- Pest Control $900
- Professional Management Expense $9,437
- Trash Expense $1,875
- Water Sewer Expense $1,875
- New Taxes Expense $30,524
- Operating Expense $65,450
- Gross Income $188,743
- Net Operating Income $124,293
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
Listed on
Mar 2, 2023
Closed on
Mar 23, 2023
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Andrew McAllister
eXp Realty of Greater L.A
List Price
$2,400,000
Sold Price
$2,250,000
Premium/Discount to List
-$150,000
-6.25%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,588
Avg. Annual Appreciation
4.91%
Original Mortgage
$1,380,000
Interest Rate
6.32%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 30, 2020
Sold by
Bought by
Purchase Details
Closed on
Nov 20, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,250
Interest Rate
3.33%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 7, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
5.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2002
Sold by
Bought by
Purchase Details
Closed on
Feb 26, 2001
Sold by
Bought by
Purchase Details
Closed on
Aug 11, 1998
Sold by
Bought by
Purchase Details
Closed on
Oct 7, 1997
Sold by
Bought by
Purchase Details
Closed on
Aug 7, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bluff Heights, CA
-
Kimiah Wyer
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
1 in Bluff Heights
$460,000 Price
-
Minerva Corral
Minerva Corral
CORRAL INVESTMENTS & REALTY
(626) 247-3609
27 Total Sales
3 in Bluff Heights
$530K - $575K Price Range
-
Carole Sturim
Carole Sturim
Coldwell Banker Realty
(949) 518-0408
18 Total Sales
1 in Bluff Heights
$905,000 Price
-
Scott Underwood
Scott Underwood
Meadowbrook Realty
(424) 785-0908
26 Total Sales
1 in Bluff Heights
$582,500 Price
-
Karla Stagman
Karla Stagman
Compass
(949) 732-1762
56 Total Sales
2 in Bluff Heights
$1,500,000 Price Range
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 |
|---|---|---|---|
| $2,390,909 | Ticor Title Company | ||
| -- | None Available | ||
| $955,000 | Pacific Coast Title Company | ||
| $670,000 | Gateway Title Company | ||
| -- | Gateway Title Company | ||
| -- | -- | ||
| $292,500 | Gateway Title | ||
| -- | -- | ||
| -- | Gateway Title | ||
| $65,000 | Gateway Title |
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 |
|---|---|---|---|
| Open | $1,512,000 | ||
| Previous Owner | $1,380,000 | ||
| Previous Owner | $775,000 | ||
| Previous Owner | $704,250 | ||
| Previous Owner | $485,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2023 05/16/23 | Sold | $2,250,000 | -6.3% | $373 / Sq Ft | |
| 03/16/2023 03/16/23 | Pending | -- | -- | -- | |
| 03/02/2023 03/02/23 | For Sale | $2,400,000 | +151.3% | $397 / Sq Ft | |
| 02/05/2013 02/05/13 | Sold | $955,000 | +1.7% | $158 / Sq Ft | View Prior Sale |
| 01/22/2013 01/22/13 | Pending | -- | -- | -- | |
| 11/01/2012 11/01/12 | For Sale | $939,000 | -- | $155 / 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 | $32,331 | $2,392,920 | $728,280 | $1,664,640 |
| 2024 | $33,226 | $2,346,000 | $714,000 | $1,632,000 |
| 2023 | $15,606 | $1,130,337 | $650,980 | $479,357 |
| 2022 | $14,669 | $1,108,174 | $638,216 | $469,958 |
| 2021 | $14,343 | $1,086,446 | $625,702 | $460,744 |
| 2020 | $14,305 | $1,075,517 | $619,287 | $456,230 |
| 2019 | $15,219 | $1,054,434 | $607,145 | $447,289 |
| 2018 | $13,741 | $1,033,764 | $595,241 | $438,523 |
| 2016 | $12,631 | $993,422 | $572,128 | $421,294 |
| 2015 | $12,138 | $978,501 | $563,535 | $414,966 |
| 2014 | $12,097 | $959,335 | $552,497 | $406,838 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
Seller's Agent in 2023
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
3 in this area
80 Total Sales
-
Andrew McAllister
A
Buyer's Agent in 2023
Andrew McAllister
eXp Realty of Greater L.A
(562) 423-8134
1 in this area
14 Total Sales
-
Drew McAllister
Buyer's Agent in 2023
Drew McAllister
Nationwide Real Estate Execs
(925) 683-9203
1 in this area
11 Total Sales
-
Louis Mannone
Seller's Agent in 2013
Louis Mannone
Realty One Group West
(714) 488-2801
1 in this area
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23035436
APN: 7258-030-005
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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