Bobejo Kelley
Keller Williams Premier Prop.
(424) 292-6160
65 Total Sales
1 in Belmont Heights
$740,000 Price
3414 E 7th St Long Beach, CA 90804
Belmont Heights NeighborhoodEstimated Value: $2,056,707
2
Beds
9
Baths
6,345
Sq Ft
$324/Sq Ft
Est. Value
Highlights
- No HOA
- Park
- Bike Trail
- Woodrow Wilson High School Rated A
About This Home
As of August 2021PROPERTY DESCRIPTION
This mixed-use property consists of 7 residential units and 2 retail units totally approximately 6,345 SF of improvements on
approximately 5,601 SF of land. The building holds strong occupancy with 100% units currently completely leased. This
building is the perfect investment property for an investor looking for upside since the 7 residential units are all on a
month-to-month lease. This property is well maintained and well managed. The building was also painted last year in 2019!
Last Agent to Sell the Property
Coldwell Banker Commercial License #01922147 Listed on: 04/01/2021
Last Buyer's Agent
Coldwell Banker Commercial License #01922147 Listed on: 04/01/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 5,601 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 6,345 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 9 Bathrooms
Additional Features
- Suburban Location
- Sewer Not Available
Listing and Financial Details
- Legal Lot and Block 5 / 3
- Tax Tract Number 5771
- Assessor Parcel Number 7258026004
Community Details
Overview
- No Home Owners Association
- 9 Units
- Eastside Subdivision
Recreation
- Park
- Dog Park
- Bike Trail
Building Details
- Electric Expense $1,106
- Insurance Expense $5,535
- Professional Management Expense $1,106
- Trash Expense $1,724
- Water Sewer Expense $1,724
- New Taxes Expense $22,488
- Operating Expense $33,567
- Gross Income $117,114
- Net Operating Income $83,547
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
Closed on
Jun 11, 2021
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,293,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2019
Sold by
Bought by
Purchase Details
Closed on
Sep 15, 2005
Sold by
Bought by
Purchase Details
Closed on
Jul 29, 2005
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
$750,000
Interest Rate
5.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 6, 2005
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
$750,000
Interest Rate
5.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 15, 2000
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
$250,000
Interest Rate
8.38%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Heights, CA
-
Bobejo Kelley
-
CHEVY ALA
CHEVY ALA
HOMEQUEST REAL ESTATE
(626) 602-8465
18 Total Sales
1 in Belmont Heights
$515,000 Price
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
236 Total Sales
5 in Belmont Heights
$490K - $1.3M Price Range
-
Ross Gagnon
Ross Gagnon
Coldwell Banker Realty
(949) 518-3075
38 Total Sales
3 in Belmont Heights
$1.3M - $1.4M Price Range
-
Lee Williams
Lee Williams
Real Brokerage Technologies, I
(424) 286-4971
37 Total Sales
1 in Belmont Heights
$768,000 Price
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
3 in Belmont Heights
$935K - $1.6M 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 |
|---|---|---|---|
| -- | Ticor Title | ||
| $1,725,000 | Ticor Title | ||
| -- | None Available | ||
| -- | -- | ||
| -- | California Title Company | ||
| $1,000,000 | -- | ||
| $450,000 | First American Title Co |
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 | $250,000 | ||
| Closed | $350,000 | ||
| Previous Owner | $1,293,750 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $250,000 |
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 |
|---|---|---|---|---|
| 08/12/2021 08/12/21 | Sold | $1,725,000 | -4.1% | $272 / Sq Ft |
| 04/01/2021 04/01/21 | For Sale | $1,799,000 | -- | $284 / 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 | $24,485 | $1,830,583 | $716,315 | $1,114,268 |
| 2024 | $23,374 | $1,794,690 | $702,270 | $1,092,420 |
| 2023 | $22,987 | $1,759,500 | $688,500 | $1,071,000 |
| 2022 | $21,578 | $1,725,000 | $675,000 | $1,050,000 |
| 2021 | $16,582 | $1,262,501 | $492,375 | $770,126 |
| 2020 | $15,989 | $1,249,557 | $487,327 | $762,230 |
| 2019 | $15,804 | $1,225,057 | $477,772 | $747,285 |
| 2018 | $15,369 | $1,201,037 | $468,404 | $732,633 |
| 2016 | $14,107 | $1,154,401 | $450,216 | $704,185 |
| 2015 | $13,544 | $1,137,062 | $443,454 | $693,608 |
| 2014 | $13,447 | $1,114,790 | $434,768 | $680,022 |
Source: Public Records
Agents Affiliated with this Home
-
Sheva Hosseinzadeh
Seller's Agent in 2021
Sheva Hosseinzadeh
Coldwell Banker Commercial
(562) 900-2938
4 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21062925
APN: 7258-026-004
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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