NOT LISTED FOR SALE

Estimated Value: $1,178,000 - $1,414,638

4 Beds
2 Baths
1,582 Sq Ft
$829/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $1,108,125 $700 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,154/month

14 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Craftsman Architecture
  • Lawn
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of August 2021

Absolutely adorable restored 2 on 1 in the beachy community of Belmont Heights Long Beach, 4 short blocks to the sand and trendy restaurants in every direction. Each home has 2 bedrooms and 1 bath. Rear home was built in 1913 and has a cozy front porch and small grassy rear private yard. Front home built in 1952 and has that mid-century feel to it. Both homes have had new electrical receptacles and light fixtures installed, new tile floors in kitchen and baths and tiled back splashes. The kitchen counters and sinks have been replaced in both homes. New retro looking vanities now grace both homes in the baths as well. The hardwood floors in the front have been refinished and new engineered wood floors have been installed in the back. Each unit has private laundry hook-ups in the garages. The interiors and exteriors have been freshly painted. The landscaping has been refreshed, and a new gate has been added. Perfect investment property for your portfolio, or live in one and rent out the other!

Last Agent to Sell the Property

Kathy Shasha

Coldwell Banker Realty License #00911654 Listed on: 06/25/2021

Coldwell Banker Realty

Last Buyer's Agent

Tom Schick

Realty Source, Inc License #01457767

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,775

Year Built

  • Built in 1913

Lot Details

  • 4,725 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Level Lot
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Driveway
  • Parking Lot
  • Off-Street Parking

Home Design

  • Duplex
  • Craftsman Architecture
  • Bungalow
  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,582 Sq Ft Home
  • Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Floor Furnace
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 24 / 5
  • Assessor Parcel Number 7257017026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Belmont Heights Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,775

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Heights (BH)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Bungalow, Craftsman
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7257017026
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 700.46
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door, Off Street, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level with Street
  • Lot Size Sq Ft: 4725.00
  • Lot Size Acres: 0.1085
  • Latitude Manual: 33.76825000

Multi Family

  • Average2 Bed Area: 791 Square Feet
  • Lot Size Area: 4725.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5771.00
  • Tax Lot: 24
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Oct 2, 2021
Sold by
Weiland Ian
Bought by
Weiland Ian and Rahimi Maryam
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Tom Schick
Realty Source, Inc
List Price
$1,100,000
Sold Price
$1,108,125
Premium/Discount to List
$8,125
0.74%
Current Estimated Value
$1,310,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,785
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Jun 25, 2021
Closed on
Aug 18, 2021
Sold by
Rahimi Maryam
Bought by
Weiland Ian
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Tom Schick
Realty Source, Inc
List Price
$1,100,000
Sold Price
$1,108,125
Premium/Discount to List
$8,125
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,687
Outstanding Balance
$704,764
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$657,194

Purchase Details

Listed on
Jun 25, 2021
Closed on
Jul 12, 2021
Sold by
Schwendener Alan E and Schwendener Christine R
Bought by
Weiland Ian
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Tom Schick
Realty Source, Inc
List Price
$1,100,000
Sold Price
$1,108,125
Premium/Discount to List
$8,125
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,687
Outstanding Balance
$704,764
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$657,194

Purchase Details

Listed on
Mar 5, 2021
Closed on
Mar 12, 2021
Sold by
Sjelin Family Living Trust and Sjelin Steven B
Bought by
Schwendener Living Trust and Schwendener
Seller's Agent
Janie Sullivan
Coldwell Banker Realty
Buyer's Agent
Kathy Shasha
Coldwell Banker Realty
List Price
$850,000
Sold Price
$870,000
Premium/Discount to List
$20,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.82%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 1999
Sold by
Sjelin Robert E and Sjelin Betty L
Bought by
Sjelin Robert E and Sjelin Betty Lou
Source: Public Records

Range of Values:

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Average Value
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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
Weiland Ian -- None Available
Weiland Ian -- Orange Coast Title
Weiland Ian $1,108,500 Orange Coast Title Company
Schwendener Living Trust $870,000 Orange Coast Title
Sjelin Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiland Ian $775,687
Previous Owner Schwendener Living Trust $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,108,125 +0.7% $700 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $1,100,000 +26.4% $695 / Sq Ft
04/09/2021 04/09/21 Sold $870,000 +2.4% $550 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $850,000 -- $537 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,775 $1,175,943 $764,069 $411,874
2024 $14,775 $1,152,887 $749,088 $403,799
2023 $14,530 $1,130,282 $734,400 $395,882
2022 $13,631 $1,108,120 $720,000 $388,120
2021 $1,035 $57,694 $41,187 $16,507
2020 $1,031 $57,103 $40,765 $16,338
2019 $1,018 $55,984 $39,966 $16,018
2018 $913 $54,887 $39,183 $15,704
2016 $833 $52,758 $37,662 $15,096
2015 $806 $51,967 $37,097 $14,870
2014 $813 $50,950 $36,371 $14,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21138926

California Regional Multiple Listing Service (CRMLS)

APN: 7257-017-026