NOT LISTED FOR SALE

3753 Cherry Ave Long Beach, CA 90807

California Heights Neighborhood

Estimated Value: $1,042,000 - $1,261,870

6 Beds
5 Baths
2,150 Sq Ft
$546/Sq Ft Est. Value

Last Sold May 30, 2018

Last sale price $745,000 $347 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,158/month

19 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Longfellow Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Central Heating

About This Home

As of May 2018

Great investment property or live in one and rent the other. Duplex in California Heights has been remodeled and is ready to start generating income. Conveniently located close to the freeways, shopping and central to both LA and Orange County. 1 unit has a total of 2/3 bedrooms and 2.5 bathrooms and the 2nd unit has 3 bedrooms 2 bathrooms. Both units have been updated with laminate and tile flooring, updated kitchens, gates, newer windows, copper plumbing, Roof is less than 10 years old. There are Master bedrooms and Some of the bedrooms have ensuite for extra convenience. One unit has a water softener, there are individual AC's in every bedroom. Both homes have their own inside laundry closet. There is a 2 car garage and 2 parking spots for one unit and 1 parking spot for the other with access through the back. There is also a nice side area along both homes with a gated private area for BBQ'ing or entertaining not to mention nice curb appeal. Don't miss out on this opportunity.

Last Agent to Sell the Property

Brenda Trigo

Seven Gables Real Estate License #01927445 Listed on: 04/14/2018

Seven Gables Real Estate

Last Buyer's Agent

Brenda Trigo

Seven Gables Real Estate License #01927445 Listed on: 04/14/2018

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 5,490 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,150 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 10606
  • Assessor Parcel Number 7147008003

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Insurance Expense $553
  • Trash Expense $1,000
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,688
  • Operating Expense $11,881
  • Gross Income $51,600
  • Net Operating Income $14,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: California Heights (CH)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7147008003
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 346.51

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5490.00

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 51600.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 553.00
  • Net Operating Income: 14580.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Operating Expense: 19740.00
  • Rent Control: No
  • Total Expenses: 11880.50

Tax Info

  • New Taxes Expense: 7687.50
  • Tax Census Tract: 5720.01
  • Tax Lot: 4
  • Tax Tract Number: 10606

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2018
Closed on
May 1, 2018
Sold by
Perez Brandon P
Bought by
Bui Tony T and Phan Kelly
Seller's Agent
Brenda Trigo
Seven Gables Real Estate
Buyer's Agent
Brenda Trigo
Seven Gables Real Estate
List Price
$749,999
Sold Price
$745,000
Premium/Discount to List
-$4,999
-0.67%
Current Estimated Value
$1,174,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,718
Avg. Annual Appreciation
6.19%
Original Mortgage
$558,750
Outstanding Balance
$481,102
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$693,616

Purchase Details

Closed on
Oct 19, 2017
Sold by
Perez Faye
Bought by
Perez Brandon P

Purchase Details

Closed on
Dec 30, 2014
Sold by
Eleftheriou Elias
Bought by
Eleftheriou Family Trust

Purchase Details

Closed on
Mar 18, 2009
Sold by
Brandon Perez Revocable Living Trust
Bought by
Perez Brandon P and Perez Faye D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.04%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 31, 2007
Sold by
Perez Brandon
Bought by
Brandon Perez Revocable Living Trust

Purchase Details

Closed on
Mar 29, 2004
Sold by
Perez Sonny James Domingo
Bought by
Perez Brandon

Purchase Details

Closed on
Dec 10, 2002
Sold by
Nguyen Cuong
Bought by
Perez Sonny James Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,600
Interest Rate
6.06%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Gazerro Peter N
Bought by
Nguyen Cuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,600
Interest Rate
6.06%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Gazerro Peter N
Bought by
Gazerro Peter N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.85%

Purchase Details

Closed on
Dec 2, 1993
Sold by
American Svgs Bank Fa
Bought by
Gazerro Peter N and Gazerro Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,860
Interest Rate
5.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bui Tony T $745,000 Stewart Title Of California
Perez Brandon P -- None Available
Eleftheriou Family Trust -- None Available
Perez Brandon P -- Chicago Title Company
Brandon Perez Revocable Living Trust -- None Available
Perez Brandon -- --
Perez Sonny James Domingo $348,000 Lawyers Title Company
Nguyen Cuong $330,000 Lawyers Title Company
Gazerro Peter N -- North American Title
Gazerro Peter N $140,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bui Tony T $558,750
Previous Owner Perez Brandon P $75,000
Previous Owner Perez Sonny James Domingo $330,600
Previous Owner Gazerro Peter N $168,000
Previous Owner Gazerro Peter N $125,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $745,000 -0.7% $347 / Sq Ft
04/27/2018 04/27/18 For Sale $749,999 +0.7% $349 / Sq Ft
04/26/2018 04/26/18 Off Market $745,000 -- --
04/08/2018 04/08/18 For Sale $749,999 -- $349 / 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 $11,818 $928,462 $477,885 $450,577
2024 $11,818 $910,258 $468,515 $441,743
2023 $11,622 $892,411 $459,329 $433,082
2022 $10,909 $874,914 $450,323 $424,591
2021 $10,695 $857,760 $441,494 $416,266
2019 $10,543 $832,320 $428,400 $403,920
2018 $7,769 $620,149 $449,588 $170,561
2016 $7,140 $596,070 $432,131 $163,939
2015 $6,851 $587,117 $425,640 $161,477
2014 $5,944 $500,000 $337,100 $162,900
Source: Public Records

Agents Affiliated with this Home

  • Brenda Trigo

    Seller's Agent in 2018

    Brenda Trigo

    Seven Gables Real Estate

    (562) 881-9416

    4 in this area

    97 Total Sales

    Brenda Trigo
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18082279

California Regional Multiple Listing Service (CRMLS)

APN: 7147-008-003

California Los Angeles County Long Beach 90807 California Heights

3753 Cherry Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes