NOT LISTED FOR SALE

Estimated Value: $1,645,000 - $1,856,000

4 Beds
2 Baths
2,018 Sq Ft
$873/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $1,360,000 $674 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $10,823/month

12 Days on Market

Highlights

  • Fishing
  • Property is near park and public transit
  • Neighborhood Views
  • Lowell Elementary School Rated A-
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2021

Beautiful, 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

Steven Nottingham

Keller Williams Pacific Estate License #01720641 Listed on: 02/01/2021

Keller Williams Pacific Estate

Last Buyer's Agent

Kikuye Inouye

West Shores Realty, Inc. License #02096502

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Fireplace in Patio
  • Property is near park and public transit

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR2S
  • Property Type: Residential Income
  • Parcel Number: 7247019009
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Fireplace Features: Living Room, Patio
  • Levels: Two
  • Price Per Square Foot: 673.93
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central, Wall Furnace, Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Watersports

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 2888.00
  • Lot Size Acres: 0.0663

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Gross Scheduled Income: 27240.00
  • Insurance Expense: 2200.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2888.0000 Square Feet
  • Net Operating Income: 21240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Expenses: 2200.00

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5773.00
  • Tax Lot: 9
  • Tax Tract Number: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2013
Sold by
Winefield Matthew
Bought by
Winefield Matthew and Matthew Winefield Family Trust
Current Estimated Value
$1,760,871

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
Outstanding Balance
$503,103
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,257,768

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
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 Winefield Matthew A $716,000
Previous Owner Winefield Matthew $568,000
Closed Winefield Matthew $106,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $19,166 $1,472,106 $957,952 $514,154
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21016867

California Regional Multiple Listing Service (CRMLS)

APN: 7247-019-009