C
Seller's Agent in 2021
Cindy Ludwig
First Team Real Estate
(310) 849-8515
11 Total Sales
378 Walnut Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $874,199 - $1,013,000
4
Beds
4
Baths
1,980
Sq Ft
$481/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
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
Listed on
Dec 8, 2020
Closed on
Apr 6, 2021
Sold by
Bought by
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
$177,550
Avg. Annual Appreciation
4.10%
Original Mortgage
$581,250
Outstanding Balance
$523,660
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$428,890
Purchase Details
Closed on
Nov 27, 2012
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
$292,500
Interest Rate
3.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 11, 2011
Sold by
Bought by
Purchase Details
Closed on
Mar 16, 2005
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
$210,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 2004
Sold by
Bought by
Purchase Details
Closed on
Jun 21, 2002
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
$168,000
Interest Rate
6.29%
Purchase Details
Closed on
Aug 3, 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
$161,100
Interest Rate
9.92%
Purchase Details
Closed on
Jul 16, 1997
Sold by
Bought by
Purchase Details
Closed on
May 8, 1996
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
$133,436
Interest Rate
8.07%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 1, 1995
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
$100,000
Interest Rate
7.5%
Purchase Details
Closed on
Jul 31, 1995
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
$100,000
Interest Rate
7.5%
Purchase Details
Closed on
Sep 30, 1993
Sold by
Bought by
Purchase Details
Closed on
Sep 13, 1993
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $775,000 | Ticor Title | ||
| $390,000 | North American Title Company | ||
| -- | None Available | ||
| -- | None Available | ||
| $595,000 | Chicago Title Co | ||
| -- | -- | ||
| $210,000 | First American Title Ins Co | ||
| $159,000 | Commonwealth Land Title Co | ||
| -- | -- | ||
| $135,000 | Fidelity National Title | ||
| $135,000 | Fidelity National Title | ||
| -- | Fidelity National Title Ins | ||
| $75,000 | Fidelity National Title Ins | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $126,000 | Investors Title |
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 | $581,250 | ||
| Previous Owner | $292,500 | ||
| Previous Owner | $210,000 | ||
| Previous Owner | $168,000 | ||
| Previous Owner | $161,100 | ||
| Previous Owner | $133,436 | ||
| Previous Owner | $100,000 | ||
| Closed | $21,000 |
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 |
|---|---|---|---|---|
| 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
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 | $11,382 | $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
62 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20253754
APN: 7275-016-003
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.
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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