NOT LISTED FOR SALE

3713 Cherry Ave Long Beach, CA 90807

California Heights Neighborhood

Estimated Value: $908,000 - $920,000

2 Beds
2 Baths
1,166 Sq Ft
$783/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2019

Last sale price $560,000 $480 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,604 / mo

6 Days on Market

Highlights

  • No Units Above
  • Wood Flooring
  • No HOA
  • Longfellow Elementary School Rated A-
  • Private Yard
  • Bungalow

About This Home

As of June 2019

Fantastic opportunity to fix and save! Perfect property for either an owner occupant or investor. This classic bungalow style duplex in desirable Cal Heights is priced to sell! Quality built in 1945 and waiting for a new buyer to bring it up to date. 1 bedroom 1 bath side by side units. Both units have separate fenced yards in back, to enjoy the outdoors.- There is a large garage with alley access, currently being used as a two car for unit 3711 and storage/laundry room for 3713. May be able to convert to 3 car for added value. Don't miss out on this, priced to sell!

Last Agent to Sell the Property

Dory Merkwan

HomeSmart, Evergreen Realty License #01184085 Listed on: 05/07/2019

HomeSmart, Evergreen Realty

Last Buyer's Agent

David Cox

eXp Realty of Greater Los Angeles License #02025572

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,508 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Bungalow
  • Fixer Upper
  • Raised Foundation
  • Plaster
  • Stucco

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 14
  • Tax Tract Number 10606
  • Assessor Parcel Number 7147008014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,100
  • Insurance Expense $700
  • Other Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,137
  • Operating Expense $11,037
  • Gross Income $25,800
  • Net Operating Income $17,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

5,508 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: California Heights (CH)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1100.00
  • Parcel Number: 7147008014
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 480.27
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 5508.00
  • Lot Size Acres: 0.1264

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 25800.00
  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 700.00
  • Lot Size Area: 5508.0000 Square Feet
  • Net Operating Income: 17800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11037.00
  • Other Expense: 900.00
  • Other Expense Description: repairs
  • Rent Control: No
  • Total Expenses: 11037.00

Tax Info

  • New Taxes Expense: 7137.00
  • Tax Census Tract: 5720.01
  • Tax Lot: 14
  • Tax Tract Number: 10606

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
Nov 20, 2019
Sold by
Bought by
Current Estimated Value
$913,524

Purchase Details

Listed on
May 7, 2019
Closed on
May 17, 2019
Sold by
Bought by
Seller's Agent
Dory Merkwan
HomeSmart, Evergreen Realty
Buyer's Agent
David Cox
eXp Realty of Greater Los Angeles
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$420,000
Outstanding Balance
$368,504
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$545,020

Purchase Details

Closed on
Mar 2, 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
$110,000
Interest Rate
6.7%

Purchase Details

Closed on
Jun 4, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Available
$560,000 First American Title
-- 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 $420,000
Previous Owner $110,000
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
06/06/2019 06/06/19 Sold $560,000 +2.0% $480 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $549,000 -- $471 / 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 $8,373 $624,686 $374,812 $249,874
2024 $8,023 $612,438 $367,463 $244,975
2023 $7,888 $600,430 $360,258 $240,172
2022 $7,405 $588,658 $353,195 $235,463
2021 $7,259 $577,117 $346,270 $230,847
2020 $7,241 $571,200 $342,720 $228,480
2019 $4,247 $319,601 $127,837 $191,764
2018 $4,097 $313,335 $125,331 $188,004
2016 $3,772 $301,169 $120,465 $180,704
2015 $3,624 $296,646 $118,656 $177,990
2014 $3,607 $290,836 $116,332 $174,504
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Dory Merkwan

    HomeSmart, Evergreen Realty

    (949) 753-7888

    8 Total Sales

    Dory Merkwan
    Section Image
  • David Cox

    Buyer's Agent in 2019

    David Cox

    eXp Realty of Greater Los Angeles

    (562) 716-3848

    3 Total Sales

    David Cox
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19106220

California Regional Multiple Listing Service (CRMLS)

APN: 7147-008-014

California Los Angeles County Long Beach 90807 California Heights

3713 Cherry Ave, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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