Seller's Agent in 2021
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
1 in this area
38 Total Sales
3735 Cerritos Ave Long Beach, CA 90807
California Heights NeighborhoodEstimated Value: $1,161,286 - $1,353,000
3
Beds
2
Baths
1,998
Sq Ft
$649/Sq Ft
Est. Value
Highlights
- Private Yard
- Laundry Room
- Level Lot
- Longfellow Elementary School Rated A-
- Central Heating
About This Home
As of April 2021Historic California Heights two separate houses on a lot - immaculately maintained owner’s unit was remodeled within the past few years. This Spanish style home is comprised of 2-Bedroom, 1-Bathroom, with an extra room that could be a bedroom, den, or home office, a formal dining room, hardwood floors, washer/dryers hookups and an updated kitchen with newer countertops and cabinets. Large private fenced yard or privacy. The other home is a large 1-bedroom, 1-bathroom unit. The 1x1 unit has its own parking space, separate fenced in area and a private entry way. New A/C system, new flooring, French doors and is separately metered for electricity and gas. The property has Double car garage with plenty of parking. Located in the Historic California Heights area of Long Beach. The property has been qualified for the Mills Act which can transfer the huge property tax savings, provide a lower property tax payment, and increasing the net cash flow to a new owner. Great opportunity for an owner user.
Last Agent to Sell the Property
Coldwell Banker Commercial License #01484265 Listed on: 04/14/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Lot Details
- 6,395 Sq Ft Lot
- No Common Walls
- Level Lot
- Private Yard
Parking
- 2 Car Garage
Home Design
- 1,998 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Central Heating
Listing and Financial Details
- Legal Lot and Block 49 / 3
- Tax Tract Number 5630
- Assessor Parcel Number 7146005019
Community Details
Overview
- 2 Buildings
- 2 Units
- Bixby Knolls Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $7,200
- Gross Income $56,400
- Net Operating Income $49,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2021
Closed on
Mar 29, 2021
Sold by
Holmes Jason M and Rybacki Brooke R
Bought by
Judith Ann Brown Revocable Trust and Villegas
Seller's Agent
George Bustamante
Coldwell Banker Commercial
Buyer's Agent
Matthew Rosenblatt
Beverly and Company, Inc.
List Price
$1,140,000
Sold Price
$1,150,000
Premium/Discount to List
$10,000
0.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,572
Avg. Annual Appreciation
2.49%
Purchase Details
Listed on
Oct 25, 2017
Closed on
Jan 26, 2018
Sold by
Holmes Brooke Rachel
Bought by
Holmes Jason M
Seller's Agent
Dolores Vargas
Keller Williams SELA
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$749,000
Sold Price
$744,000
Premium/Discount to List
-$5,000
-0.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%
Original Mortgage
$580,000
Interest Rate
3.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2005
Sold by
Zuniga Phillip and Simec Anna
Bought by
Zuniga Phillip and Simec Anna
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 1999
Sold by
Kelley Gregory J and Kelley Teresa A
Bought by
Zuniga Phillip and Simec Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,438
Interest Rate
6.84%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Judith Ann Brown Revocable Trust | $1,150,000 | Ticor Title | |
| Holmes Jason M | -- | Pacific Coast Title | |
| Holmes Larry B | $744,000 | Pacific Coast Title | |
| Zuniga Phillip | -- | United Title Company Inland | |
| Zuniga Phillip | $235,000 | North American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Holmes Jason M | $580,000 | |
| Previous Owner | Zuniga Phillip | $370,000 | |
| Previous Owner | Zuniga Phillip | $233,438 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2021 04/28/21 | Sold | $1,150,000 | +0.9% | $576 / Sq Ft | |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 04/14/2021 04/14/21 | For Sale | $1,140,000 | +53.2% | $571 / Sq Ft | |
| 01/31/2018 01/31/18 | Sold | $744,000 | -0.7% | $418 / Sq Ft | View Prior Sale |
| 12/17/2017 12/17/17 | Pending | -- | -- | -- | |
| 10/25/2017 10/25/17 | For Sale | $749,000 | -- | $420 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,447 | $437,000 | $227,000 | $210,000 |
| 2024 | $6,447 | $480,000 | $310,000 | $170,000 |
| 2023 | $5,896 | $435,000 | $280,000 | $155,000 |
| 2022 | $5,643 | $435,000 | $280,000 | $155,000 |
| 2021 | $5,626 | $435,000 | $280,000 | $155,000 |
| 2020 | $5,664 | $340,000 | $200,000 | $140,000 |
| 2019 | $5,288 | $758,880 | $408,000 | $350,880 |
| 2018 | $4,371 | $332,722 | $158,441 | $174,281 |
| 2016 | $4,018 | $319,804 | $152,290 | $167,514 |
| 2015 | $3,860 | $315,001 | $150,003 | $164,998 |
| 2014 | $3,842 | $308,831 | $147,065 | $161,766 |
Source: Public Records
Agents Affiliated with this Home
-
George Bustamante
-
Matthew Rosenblatt
Buyer's Agent in 2021
Matthew Rosenblatt
Beverly and Company, Inc.
(562) 537-1507
1 in this area
20 Total Sales
-
Dolores Vargas
D
Seller's Agent in 2018
Dolores Vargas
Keller Williams SELA
(562) 832-6141
11 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21078662
APN: 7146-005-019
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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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