Seller's Agent in 2022
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
1 in this area
143 Total Sales
3701 E 4th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,023,854
3
Beds
2
Baths
1,273
Sq Ft
$804/Sq Ft
Est. Value
About This Home
As of June 20223701 E 4th Street is a well-positioned mixed-use property in Long Beach. Built in 1921, the existing 1,210 SF building sits on a 6,501 SF lot, and features (1) food use/restaurant unit (1) 3-Bed/1-Bath house, and (1) non-conforming studio unit in the back.
Currently with a 4.17% market cap, this property is a unique opportunity for any investor or owner-user looking to capitalize on mixed use potential and a value-add proposition.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #01717818 Listed on: 04/18/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 6,501 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 3 Parking Spaces
Home Design
- 1,273 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Listing and Financial Details
- Legal Lot and Block 6 / B
- Tax Tract Number 5771
- Assessor Parcel Number 7255002012
- $654 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
- Belmont Heights Subdivision
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $637
- Maintenance Expense $3,240
- Other Expense $2,400
- New Taxes Expense $12,505
- Operating Expense $19,981
- Gross Income $64,800
- Net Operating Income $41,579
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2005
Sold by
Thurston Robert Vance
Bought by
Thurston Robert V and Robert V Thurston Separate Pro
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
$350,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 19, 2005
Sold by
Thurston Robert Vance and Thurston Kathleen
Bought by
Thurston Robert Vance
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2003
Sold by
Mcelrath Dana T and Thurston Dana T
Bought by
Thurston Robert Vance
Purchase Details
Closed on
Aug 7, 2002
Sold by
Thurston Robert Vance and Thurston Dana T
Bought by
Thurston Robert Vance and Thurston Dana T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 14, 1999
Sold by
Thurston Robert V and Thurston Wayne Russell
Bought by
Thurston Robert Vance and Thurston Dana T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Thurston Robert V | -- | -- | |
| Thurston Robert Vance | -- | Financial Title Gardena | |
| Thurston Robert Vance | -- | -- | |
| Thurston Robert Vance | -- | South Coast Title Company | |
| Thurston Robert Vance | $102,500 | South Coast Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Thurston Robert Vance | $350,000 | |
| Previous Owner | Thurston Robert Vance | $200,000 | |
| Previous Owner | Thurston Robert Vance | $130,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2022 06/16/22 | Sold | $995,000 | 0.0% | $782 / Sq Ft |
| 05/10/2022 05/10/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $995,000 | 0.0% | $782 / Sq Ft |
| 05/02/2022 05/02/22 | Pending | -- | -- | -- |
| 04/18/2022 04/18/22 | For Sale | $995,000 | -- | $782 / Sq Ft |
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 | $13,562 | $1,055,901 | $721,621 | $334,280 |
| 2024 | $13,562 | $1,035,198 | $707,472 | $327,726 |
| 2023 | $13,332 | $1,014,900 | $693,600 | $321,300 |
| 2022 | $4,988 | $362,066 | $289,659 | $72,407 |
| 2021 | $4,881 | $354,968 | $283,980 | $70,988 |
| 2020 | $4,870 | $351,330 | $281,069 | $70,261 |
| 2019 | $4,813 | $344,442 | $275,558 | $68,884 |
| 2018 | $4,597 | $337,689 | $270,155 | $67,534 |
| 2016 | $4,242 | $324,577 | $259,665 | $64,912 |
| 2015 | $4,079 | $319,702 | $255,765 | $63,937 |
| 2014 | $4,051 | $313,440 | $250,755 | $62,685 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Lyon
-
Woody Stahl
Seller Co-Listing Agent in 2022
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
1 in this area
152 Total Sales
-
Cynthia Howard
C
Buyer's Agent in 2022
Cynthia Howard
Cynthia Howard, Broker
(949) 606-8719
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22078174
APN: 7255-002-012
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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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