38 Park Ave Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $1,631,000 - $1,761,025
4
Beds
2
Baths
2,018
Sq Ft
$845/Sq Ft
Est. Value
Highlights
- Fishing
- Property is near a park
- Neighborhood Views
- Lowell Elementary School Rated A-
- Wood Flooring
- Cooling System Mounted To A Wall/Window
About This Home
As of April 2021Beautiful, Spanish Revival Duplex, just steps away from the beach, makes for the perfect home for Southern California living. Each unit consists of two bedrooms, one bathroom, and a kitchen with arched entryways and ceilings. The upstairs unit has been beautifully remodeled and can serve as an owner’s unit or rental unit and has two front balconies with new, black railings. The downstairs unit can be rented as is or kept at the current tenant market rate. In front sits a large adjoining patio that can be shared for outdoor living. The large arched window, exposed wooden beams, and decorative tile work on the front of the Duplex gives it much of its original Spanish character, common in Long Beach, while also allowing for more natural lighting to shine through. In back of the duplex sits a two car garage with space for one more car on the parking pad. This is one of the few blocks that still offers a green belt making Park Ave a tranquil, tree-lined street. Adventure and entertainment is just steps to the Pacific Ocean & Alamitos Bay where you can enjoy water activities, biking, shopping or dining, or just relax.
Great opportunity for ADU supplement which has been investigated with the city and approved pending plans and submission.
Last Agent to Sell the Property
Keller Williams Pacific Estate License #01720641 Listed on: 02/01/2021
Last Buyer's Agent
Kikuye Inouye
West Shores Realty, Inc. License #02096502
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,362
Year Built
- Built in 1928
Lot Details
- 2,888 Sq Ft Lot
- 1 Common Wall
Parking
- 2 Car Garage
- Parking Available
- Rear-Facing Garage
- Two Garage Doors
Home Design
- Property Attached
Interior Spaces
- 2,018 Sq Ft Home
- Living Room with Fireplace
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Range
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- Fireplace in Patio
Location
- Property is near a park
- Property is near public transit
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, water
- Legal Lot and Block 9 / 18
- Tax Tract Number 3750
- Assessor Parcel Number 7247019009
Community Details
Overview
- 2 Units
Recreation
- Fishing
- Dog Park
- Water Sports
- Bike Trail
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,200
- Operating Expense $2,200
- Net Operating Income $21,240
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2021
Closed on
Apr 5, 2021
Sold by
Winefieid Matthew
Bought by
Criss Jonathan S
Seller's Agent
Steven Nottingham
Keller Williams Pacific Estate
Buyer's Agent
Kikuye Inouye
West Shores Realty, Inc.
List Price
$1,299,000
Sold Price
$1,360,000
Premium/Discount to List
$61,000
4.7%
Total Days on Market
12
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
$345,006
Avg. Annual Appreciation
5.24%
Original Mortgage
$1,053,000
Outstanding Balance
$967,773
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$713,041
Purchase Details
Closed on
Dec 10, 2013
Sold by
Winefield Matthew
Bought by
Winefield Matthew and Matthew Winefield Family Trust
Purchase Details
Closed on
May 24, 2013
Sold by
Winefield Matthew A and Winefield Matthew
Bought by
Winefield Matthew A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
3.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 19, 2004
Sold by
Robertson Dale A
Bought by
Winefield Matthew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Long Beach, CA
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 |
|---|---|---|---|
| Criss Jonathan S | $1,360,000 | First American Title Company | |
| Winefield Matthew | -- | None Available | |
| Winefield Matthew A | -- | First American Title Company | |
| Winefield Matthew | $710,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Criss Jonathan S | $150,000 | |
| Open | Criss Jonathan S | $1,053,000 | |
| Previous Owner | Winefield Matthew A | $716,000 | |
| Previous Owner | Winefield Matthew | $250,000 | |
| Previous Owner | Winefield Matthew | $568,000 | |
| Previous Owner | Robertson Dale A | $60,000 | |
| Closed | Winefield Matthew | $106,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2021 04/12/21 | Sold | $1,360,000 | +4.7% | $674 / Sq Ft |
| 02/14/2021 02/14/21 | Pending | -- | -- | -- |
| 02/12/2021 02/12/21 | For Sale | $1,299,000 | -4.5% | $644 / Sq Ft |
| 02/11/2021 02/11/21 | Off Market | $1,360,000 | -- | -- |
| 02/01/2021 02/01/21 | For Sale | $1,299,000 | -- | $644 / 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 |
|---|---|---|---|---|
| 2024 | $18,362 | $1,443,242 | $939,169 | $504,073 |
| 2023 | $18,058 | $1,414,944 | $920,754 | $494,190 |
| 2022 | $16,935 | $1,387,200 | $902,700 | $484,500 |
| 2021 | $11,303 | $914,300 | $643,876 | $270,424 |
| 2020 | $11,274 | $904,926 | $637,274 | $267,652 |
| 2019 | $11,142 | $887,183 | $624,779 | $262,404 |
| 2018 | $10,852 | $869,788 | $612,529 | $257,259 |
| 2016 | $9,981 | $836,015 | $588,745 | $247,270 |
| 2015 | $9,575 | $823,458 | $579,902 | $243,556 |
| 2014 | $9,503 | $807,329 | $568,543 | $238,786 |
Source: Public Records
Agents Affiliated with this Home
-
Steven Nottingham
Seller's Agent in 2021
Steven Nottingham
Keller Williams Pacific Estate
(562) 754-1333
3 in this area
107 Total Sales
-
Buyer's Agent in 2021
Kikuye Inouye
West Shores Realty, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21016867
APN: 7247-019-009
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