A
Seller's Agent in 2017
Aviva Lomeli
Redfin
327 Cerritos Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $992,682 - $1,221,000
4
Beds
2
Baths
2,046
Sq Ft
$525/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Wood Frame Window
- Laundry Room
- Long Beach Polytechnic High School Rated A
- Side by Side Parking
- Shed
About This Home
As of July 20171931 Classic Spanish Duplex, just blocks from the beach and two garages! Each unit is 2 bed/1bath, and has it's own 1st floor entrance facing Cerritos Ave with large picture windows in the living room. The units have classic Spanish tile flooring and faux fireplaces. Large living rooms with traditional dining rooms over looking the living room. Kitchens are a good size with room for a breakfast table in kitchen as well. Adjacent to the kitchen is the laundry area. Each unit has it's own laundry hook ups! The downstairs unit has an attached, private, wood deck over looking the back yard. The upstairs unit also has it's own deck with stairs that lead to the fully fenced back yard and garages. The exterior has just been painted and the landscaping is low maintenance. This will be a great property to occupy or to rent out both units. There's also great potential for Air B&B rentals! Upstairs unit has long term quality tenants (10+ years). The property comes with TWO 1-car garages with alley access. Both units have lots of traditional features from 1931 that tenants look for in Downtown Long Beach such as arched hallways, cove ceilings, and decorative door handles. This area is up & coming with lots of foot traffic and new eateries & shopping! Do not disturb tenant in #329.
Last Agent to Sell the Property
Aviva Lomeli
Redfin License #01368435 Listed on: 06/20/2017
Last Buyer's Agent
Seema Paul
CMC Realty & Lending License #01959631
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1931
Lot Details
- 3,025 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in fair condition
- Level Lot
- Front and Back Yard Sprinklers
- Back Yard
Parking
- 2 Car Garage
- Parking Available
- Side by Side Parking
- No Driveway
Home Design
- Duplex
- Spanish Architecture
- Entry on the 1st floor
- Spanish Tile Roof
Interior Spaces
- 2,046 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Decorative Fireplace
- Wood Frame Window
- Living Room with Fireplace
- Tile Flooring
- Dishwasher
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Shed
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 9
- Tax Tract Number 5765
- Assessor Parcel Number 7275001030
Community Details
Overview
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Water Sewer Expense $490
- New Taxes Expense $9,000
- Operating Expense $10,690
- Gross Income $37,200
- Net Operating Income $35,400
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
Jun 20, 2017
Closed on
Jul 6, 2017
Sold by
Bought by
Seller's Agent
Aviva Lomeli
Redfin
Buyer's Agent
Seema Paul
CMC Realty & Lending
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
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
$354,421
Avg. Annual Appreciation
4.61%
Original Mortgage
$540,000
Outstanding Balance
$448,895
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$625,526
Purchase Details
Closed on
Jan 31, 2006
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
$455,625
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 15, 2005
Sold by
Bought by
Purchase Details
Closed on
Aug 10, 2005
Sold by
Bought by
Purchase Details
Closed on
Apr 29, 2005
Sold by
Bought by
Purchase Details
Closed on
Sep 3, 1999
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
$169,000
Interest Rate
8.5%
Purchase Details
Closed on
Oct 17, 1995
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
$122,400
Interest Rate
7.59%
Mortgage Type
Assumption
Purchase Details
Closed on
Sep 26, 1995
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
$122,400
Interest Rate
7.59%
Mortgage Type
Assumption
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $720,000 | Equity Title Company | ||
| -- | Equity Title Company | ||
| $607,500 | Lawyers Title | ||
| -- | -- | ||
| -- | Orange Coast Title | ||
| -- | -- | ||
| -- | -- | ||
| -- | United Title | ||
| $120,000 | First American Title Co | ||
| -- | First American 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 | $540,000 | ||
| Previous Owner | $455,625 | ||
| Previous Owner | $169,000 | ||
| Previous Owner | $122,400 |
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 |
|---|---|---|---|---|
| 07/31/2017 07/31/17 | Sold | $720,000 | -0.7% | $352 / Sq Ft |
| 06/28/2017 06/28/17 | Pending | -- | -- | -- |
| 06/20/2017 06/20/17 | For Sale | $725,000 | -- | $354 / 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 | $10,892 | $819,234 | $568,913 | $250,321 |
| 2024 | $10,430 | $803,171 | $557,758 | $245,413 |
| 2023 | $10,256 | $787,423 | $546,822 | $240,601 |
| 2022 | $9,625 | $771,984 | $536,100 | $235,884 |
| 2021 | $9,433 | $756,848 | $525,589 | $231,259 |
| 2019 | $9,299 | $734,400 | $510,000 | $224,400 |
| 2018 | $9,046 | $720,000 | $500,000 | $220,000 |
| 2016 | $6,791 | $560,000 | $368,700 | $191,300 |
| 2015 | $5,937 | $500,000 | $329,200 | $170,800 |
| 2014 | $6,010 | $500,000 | $329,200 | $170,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Buyer's Agent in 2017
Seema Paul
CMC Realty & Lending
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17132265
APN: 7275-001-030
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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