Seller's Agent in 2024
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
(310) 729-1559
1 in this area
42 Total Sales
3056 E Broadway Long Beach, CA 90803
Bluff Park NeighborhoodEstimated Value: $2,182,000 - $2,509,000
8
Beds
4
Baths
3,820
Sq Ft
$619/Sq Ft
Est. Value
Highlights
- Hiking Trails
- Park
- Laundry Room
- Woodrow Wilson High School Rated A
About This Home
As of August 2024Beautiful 4-Plex nestled in the Historic Bluff Park
neighborhood of Long Beach, CA, 3056 E Broadway
presents a rare opportunity for investors seeking a
meticulously maintained income-producing property just
four blocks from the beach. Comprising four tastefully
renovated 2-Bed/1-Bath units, this charming property
boasts a prime location and exceptional condition. Each
unit has been extensively remodeled, including kitchens,
bathrooms, floors and paint.
Bluff Park's desirable location offers tenants easy access
to the beach, parks, dining and entertainment options,
making these units highly desirable in Long Beach's
thriving rental market. With its strong rental demand and
proximity to the beach, this property promises consisted
occupancy and rental income for investors. This asset is
ideal for any investor or first time home buyer due to its
offering of immediate returns and long-term
appreciation.
Bordering Belmont Shore and located in one of Long
Beach's top rental markets, this truly is a one-of-a-kind
building. It is just outside the $6B of development flooding
into Downtown Long Beach, including the Long Beach
Civic Center, Long Beach Aquarium, OceanAire Project,
CSULB Downtown Village, Broadway Block, The Pacific and
Queen Mary Island.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02100737 Listed on: 05/16/2024
Co-Listed By
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 310-729-1559 License #02035763
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1936
Lot Details
- 4,934 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 3,820 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 7264006057
- $873 per year additional tax assessments
Community Details
Overview
- 4 Units
Recreation
- Park
- Dog Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $40,540
- Gross Income $164,400
- Net Operating Income $118,928
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 16, 2024
Closed on
Jul 25, 2024
Sold by
Casamigos Capital Llc and Jacobson Investment Group
Bought by
Jeffrey Lore 2009 Trust and Lore
Seller's Agent
Aaron Jacobson
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Jimmy Reed
First Team Real Estate
List Price
$2,400,000
Sold Price
$2,400,000
Views
7
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
-$36,393
Avg. Annual Appreciation
-1.05%
Original Mortgage
$1,575,000
Outstanding Balance
$1,554,316
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$809,291
Purchase Details
Listed on
Nov 4, 2022
Closed on
Nov 15, 2022
Sold by
Brian K Wildasinn Trust
Bought by
Casamigos Capital Llc
Seller's Agent
Connie Wildasinn
WGroup Realtors
Buyer's Agent
Connie Wildasinn
WGroup Realtors
List Price
$1,450,000
Sold Price
$1,575,000
Premium/Discount to List
$125,000
8.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.69%
Original Mortgage
$1,260,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 21, 1998
Sold by
Wildasinn Brian K
Bought by
Wildasinn Brian K and The Brian K Wildasinn Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,240
Interest Rate
6.69%
Mortgage Type
FHA
Purchase Details
Closed on
Nov 16, 1998
Sold by
Adams William C and Adams Dennis Flynn
Bought by
Wildasinn Brian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,240
Interest Rate
6.69%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jeffrey Lore 2009 Trust | $2,400,000 | Chicago Title Company | |
| Casamigos Capital Llc | -- | Chicago Title Company | |
| Casamigos Capital Llc | $1,575,000 | Clearmark Title | |
| Wildasinn Brian K | -- | United Title Company | |
| Wildasinn Brian | $330,000 | United Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jeffrey Lore 2009 Trust | $1,575,000 | |
| Previous Owner | Casamigos Capital Llc | $1,260,000 | |
| Previous Owner | Wildasinn Brian | $297,240 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $2,400,000 | 0.0% | $628 / Sq Ft | |
| 05/16/2024 05/16/24 | For Sale | $2,400,000 | +52.4% | $628 / Sq Ft | |
| 11/30/2022 11/30/22 | Sold | $1,575,000 | +8.6% | $412 / Sq Ft | View Prior Sale |
| 11/04/2022 11/04/22 | Pending | -- | -- | -- | |
| 11/04/2022 11/04/22 | For Sale | $1,450,000 | -7.9% | $380 / Sq Ft | |
| 11/04/2022 11/04/22 | Off Market | $1,575,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,819 | $2,400,000 | $1,500,000 | $900,000 |
| 2024 | $20,819 | $1,606,500 | $1,020,000 | $586,500 |
| 2023 | $20,470 | $1,575,000 | $1,000,000 | $575,000 |
| 2022 | $6,840 | $503,935 | $251,130 | $252,805 |
| 2021 | $6,681 | $494,055 | $246,206 | $247,849 |
| 2019 | $6,586 | $479,403 | $238,904 | $240,499 |
| 2018 | $6,370 | $470,004 | $234,220 | $235,784 |
| 2016 | $5,847 | $451,755 | $225,126 | $226,629 |
| 2015 | $5,622 | $444,970 | $221,745 | $223,225 |
| 2014 | $5,601 | $435,294 | $217,402 | $217,892 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Jacobson
-
Cameron Samimi
Seller Co-Listing Agent in 2024
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
1 in this area
207 Total Sales
-
Jimmy Reed
Buyer's Agent in 2024
Jimmy Reed
First Team Real Estate
(949) 303-7701
1 in this area
386 Total Sales
-
Connie Wildasinn
Seller's Agent in 2022
Connie Wildasinn
WGroup Realtors
(562) 824-4846
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24098190
APN: 7264-006-057
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
Nearby Homes
- 2999 E Ocean Blvd Unit 1730
- 3042 E 3rd St Unit 5
- 2767 E Ocean Blvd
- 2844 E 3rd St Unit 210
- 2730 E Mariquita St
- 2805 E 3rd St Unit 21
- 2601 E Ocean Blvd Unit 205
- 308 Coronado Ave
- 334 Gladys Ave Unit 305
- 360 Obispo Ave Unit 15
- 3641 E 1st St
- 206 Euclid Ave
- 222 Kennebec Ave
- 16 36th Place Unit F
- 7 37th Place
- 191 Kennebec Ave Unit 301
- 345 Wisconsin Ave Unit 207
- 345 Wisconsin Ave Unit 306
- 3707 E Livingston Dr Unit 403
- 367 Loma Ave
- 3060 E Broadway Unit 3060
- 3054 E Broadway
- 3065 E 2nd St
- 3061 E 2nd St
- 3057 E 2nd St
- 3046 E Broadway
- 3041 E 2nd St
- 3034 E Broadway
- 3039 E 2nd St
- 3060 E 2nd St
- 3023 E Corto Place
- 3025 E 2nd St
- 3101 E 2nd St Unit 8B
- 3101 E 2nd St Unit 7B
- 3101 E 2nd St Unit 6B
- 3101 E 2nd St Unit 5B
- 3101 E 2nd St Unit 4B
- 3101 E 2nd St Unit 3B
- 3101 E 2nd St Unit 2B
- 3101 E 2nd St Unit 1B