Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
19 Total Sales
1 in Belmont Heights
$1,500,000 Price
3638 E Ocean Blvd Long Beach, CA 90803
Belmont Heights Neighborhood
7
Beds
5
Baths
4,050
Sq Ft
5,298
Sq Ft Lot
Highlights
- Corner Lot
- No HOA
- Laundry Facilities
- Wilson High School Rated A
- Beamed Ceilings
- Carpet
About This Home
As of December 2015Price reduced! Stunning turnkey 5-unit Mid-century Modern building nestled on the corner of East Ocean Boulevard and a private drive (37th Place) just steps from the beach. Each units boasts post-and-beam ceilings desired by renters and homeowners alike. 3638 Ocean is ideally situated a few of doors down from Bluff Park to the east and 3 short blocks to Vons Market, Belmont Brewing Company, Belmont Pier and much more. Property features 2 2-bedroom units, 2 1-bedroom units and one large 1-bedroom owner's unit. This property is ideal for both investors and owner-users-4 of the units have been rented, and the large 1-bedroom is currently occupied by the seller.Each unit comes with two tandem parking spaces (1-car garage plus 1 open tandem parking spot)-a rarity at the beach! Every unit has been completely and lovingly remodeled. Features include slate foyer entries, slate flooring and wainscotting in all of the bathrooms, post and beam ceilings, upgraded dual pane Jeldwen windows, ceiling fans, slate floors, granite counters, and custom-made maple kitchen cabinets in all kitchens. Kitchens have stainless steel Whirlpool refrigerators, dishwashers, stoves, sinks and microwaves! The list goes on and on..there is nothing like this in Long Beach!
Last Agent to Sell the Property
David Shorter, Broker License #01886301 Listed on: 08/25/2015
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 5,298 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 5 Car Garage
Home Design
- Property Attached
Interior Spaces
- 4,050 Sq Ft Home
- Beamed Ceilings
- Carpet
- Leased Washer and Dryer
Bedrooms and Bathrooms
- 7 Bedrooms
- 5 Bathrooms
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 3
- Tax Tract Number 38
- Assessor Parcel Number 7256001004
Community Details
Overview
- No Home Owners Association
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 5 Separate Electric Meters
- 6 Separate Gas Meters
- Electric Expense $621
- Gardener Expense $1,800
- Insurance Expense $3,099
- Maintenance Expense $600
- Water Sewer Expense $1,207
- New Taxes Expense $31,875
- Gross Income $11,942
- Net Operating Income $99,818
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
Aug 25, 2015
Closed on
Nov 24, 2015
Sold by
York Vernette
Bought by
Seller's Agent
Dave Shorter
David Shorter, Broker
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$2,550,000
Sold Price
$2,200,000
Premium/Discount to List
-$350,000
-13.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 16, 1999
Sold by
Williams Mary Kay and Trust Of Mary Kay Williams
Bought by
Williams Mary Kay
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Heights, CA
-
Dennis Fulmore
-
Dennis Chernov
Dennis Chernov
Equity Union
(626) 657-2705
469 Total Sales
1 in Belmont Heights
$1,527,000 Price
-
David Schwartz
David Schwartz
Keller Williams Palos Verdes
(424) 368-9454
14 Total Sales
2 in Belmont Heights
$1,435,000 Price Range
-
Guy Miracle
Guy Miracle
Sotheby's International Realty
(323) 894-9002
35 Total Sales
1 in Belmont Heights
$1,950,000 Price
-
Marivel Kuenstler
Marivel Kuenstler
Compass
(562) 246-9516
87 Total Sales
2 in Belmont Heights
$420,000 Price Range
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
1 in Belmont Heights
$580,000 Price
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 |
|---|---|---|---|
| $2,200,000 | Lawyers Title Company | ||
| Williams Mary Kay | -- | Gateway Title Company |
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 |
|---|---|---|---|
| Closed | $1,200,000 | ||
| Previous Owner | York Vanette | $120,000 | |
| Previous Owner | York Vernette | $300,000 | |
| Previous Owner | York Vernette | $365,500 |
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 |
|---|---|---|---|---|
| 12/30/2015 12/30/15 | Sold | $2,200,000 | -13.7% | $543 / Sq Ft |
| 11/14/2015 11/14/15 | Pending | -- | -- | -- |
| 08/25/2015 08/25/15 | For Sale | $2,550,000 | -- | $630 / 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 |
|---|---|---|---|---|
| 2026 | $34,200 | $2,656,434 | $2,414,943 | $241,491 |
| 2025 | $34,200 | $2,604,348 | $2,367,592 | $236,756 |
| 2024 | $32,734 | $2,553,283 | $2,321,169 | $232,114 |
| 2023 | $32,188 | $2,503,219 | $2,275,656 | $227,563 |
| 2022 | $27,765 | $2,250,000 | $2,045,500 | $204,500 |
| 2021 | $25,965 | $2,100,000 | $1,909,100 | $190,900 |
| 2019 | $29,186 | $2,334,657 | $2,122,416 | $212,241 |
| 2018 | $28,451 | $2,288,880 | $2,080,800 | $208,080 |
| 2016 | $26,178 | $2,200,000 | $2,000,000 | $200,000 |
| 2015 | $12,253 | $1,024,199 | $710,669 | $313,530 |
| 2014 | $12,178 | $431,019 | $155,594 | $275,425 |
Source: Public Records
Agents Affiliated with this Home
-
Dave Shorter
Seller's Agent in 2015
Dave Shorter
David Shorter, Broker
(562) 832-2500
3 in this area
37 Total Sales
-
GN
Buyer's Agent in 2015
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IN15188651
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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