C
Seller's Agent in 2021
Cindy Ludwig
First Team Real Estate
(310) 849-8515
2 in this area
11 Total Sales
378 Walnut Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $878,790 - $1,059,000
4
Beds
4
Baths
1,980
Sq Ft
$487/Sq Ft
Est. Value
Highlights
- Gated Community
- Dual Staircase
- Granite Countertops
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- 1-minute walk to Miracle On Fourth Street Park
About This Home
As of April 2021This is a rare opportunity......this four unit building to be sold with the sister building at 384 Walnut (giving you an eight unit compound, with residential financing on each of the four unit buildings). Well maintained, all one bedroom units in this building and the majority of the units have been remodeled/rehabbed, all in a secure gated compound. All units in the neighboring building 384 are all large studio's. Low maintenance, center redwood courtyard deck for community enjoyment all under sail. All within a couple of blocks to the beach, trendy "retro row", walk-up cafe's, wine bars, pubs, shops and the Art Theatre. Central access to each of the four units, two units on the ground floor and two upstairs units with private stairwell entrances. All windows replaced with dual pane windows. Seller is selling property as-is.
Last Agent to Sell the Property
First Team Real Estate License #01020764 Listed on: 12/08/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923 | Remodeled
Lot Details
- 1,697 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Level Lot
Parking
- On-Street Parking
Home Design
- Property Attached
- Raised Foundation
- Rolled or Hot Mop Roof
- Plaster
- Stucco
Interior Spaces
- 1,980 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Double Pane Windows
- Living Room
Kitchen
- Free-Standing Range
- Granite Countertops
- Formica Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Dressing Area
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 1
- Tax Tract Number 2
- Assessor Parcel Number 7275016003
Community Details
Overview
- No Home Owners Association
- 4 Units
- Alamitos Beach Subdivision
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $462
- Fuel Expense $462
- Insurance Expense $2,216
- Trash Expense $462
- Water Sewer Expense $462
- New Taxes Expense $9,145
- Operating Expense $4,062
- Gross Income $24,600
- Net Operating Income $16,365
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2020
Closed on
Apr 6, 2021
Sold by
Fetes George Thomas and Fetes Kalliope P
Bought by
Aragon Julie N and Pondicherry Ajay
Seller's Agent
Cindy Ludwig
First Team Real Estate
Buyer's Agent
Sandra Guevara
Keller Williams Palos Verdes
List Price
$775,000
Sold Price
$775,000
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
$189,198
Avg. Annual Appreciation
4.76%
Original Mortgage
$581,250
Outstanding Balance
$523,660
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$440,538
Purchase Details
Closed on
Nov 27, 2012
Sold by
Csaba Akos Csaba and Ador Lori Lynn
Bought by
Feles George Thomas and Pappas Kalliope K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2011
Sold by
Ador Akos Csaba and Ador Lori Lynn
Bought by
Ador Akos Csaba and Ador Lori Lynn
Purchase Details
Closed on
Mar 16, 2005
Sold by
Bts
Bought by
Odell Lori L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 2004
Sold by
Lucas Alya H and Lucas Christopher F
Bought by
Bts
Purchase Details
Closed on
Jun 21, 2002
Sold by
California and Equicredit
Bought by
Lucas Christopher F
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
6.29%
Purchase Details
Closed on
Aug 3, 1999
Sold by
Davis Kevin B and Spas James P
Bought by
Sandoval Hugo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
9.92%
Purchase Details
Closed on
Jul 16, 1997
Sold by
Spas James P
Bought by
Spas James P
Purchase Details
Closed on
May 8, 1996
Sold by
Davis Kevin B
Bought by
Spas James P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,436
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 1, 1995
Sold by
Davis Kari L
Bought by
Davis Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
Purchase Details
Closed on
Jul 31, 1995
Sold by
Emc Mtg Corp
Bought by
Davis Kevin B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
Purchase Details
Closed on
Sep 30, 1993
Sold by
California Loan Partners Lp
Bought by
Emc Mtg Corp
Purchase Details
Closed on
Sep 13, 1993
Sold by
Serrano Reconveyance Company
Bought by
Home Svgs Of America
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 |
|---|---|---|---|
| Aragon Julie N | $775,000 | Ticor Title | |
| Feles George Thomas | $390,000 | North American Title Company | |
| Ador Akos Csaba | -- | None Available | |
| Ador Akos Csaba | -- | None Available | |
| Odell Lori L | $595,000 | Chicago Title Co | |
| Bts | -- | -- | |
| Lucas Christopher F | $210,000 | First American Title Ins Co | |
| Sandoval Hugo | $159,000 | Commonwealth Land Title Co | |
| Spas James P | -- | -- | |
| Spas James P | $135,000 | Fidelity National Title | |
| Spas James P | $135,000 | Fidelity National Title | |
| Davis Kevin | -- | Fidelity National Title Ins | |
| Davis Kevin B | $75,000 | Fidelity National Title Ins | |
| Emc Mtg Corp | -- | Fidelity National Title | |
| California Loan Partners Lp | -- | Fidelity National Title | |
| Home Svgs Of America | $126,000 | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aragon Julie N | $581,250 | |
| Previous Owner | Feles George Thomas | $292,500 | |
| Previous Owner | Odell Lori L | $210,000 | |
| Previous Owner | Lucas Christopher F | $168,000 | |
| Previous Owner | Sandoval Hugo | $161,100 | |
| Previous Owner | Spas James P | $133,436 | |
| Previous Owner | Davis Kevin B | $100,000 | |
| Closed | Lucas Christopher F | $21,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $775,000 | 0.0% | $391 / Sq Ft |
| 03/14/2021 03/14/21 | Pending | -- | -- | -- |
| 12/08/2020 12/08/20 | For Sale | $775,000 | -- | $391 / 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 | $10,888 | $838,883 | $589,925 | $248,958 |
| 2024 | $10,888 | $822,435 | $578,358 | $244,077 |
| 2023 | $10,699 | $806,310 | $567,018 | $239,292 |
| 2022 | $10,043 | $790,500 | $555,900 | $234,600 |
| 2021 | $5,891 | $443,676 | $227,528 | $216,148 |
| 2020 | $5,875 | $439,127 | $225,195 | $213,932 |
| 2019 | $5,806 | $430,518 | $220,780 | $209,738 |
| 2018 | $5,657 | $422,077 | $216,451 | $205,626 |
| 2016 | $5,208 | $405,690 | $208,047 | $197,643 |
| 2015 | $5,006 | $399,597 | $204,922 | $194,675 |
| 2014 | $4,987 | $391,770 | $200,908 | $190,862 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Ludwig
-
Sandra Guevara
Buyer's Agent in 2021
Sandra Guevara
Keller Williams Palos Verdes
(310) 963-3782
2 in this area
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20253754
APN: 7275-016-003
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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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