$807,000
SOLD APR 6, 2016
5 Beds
3 Baths
1,736 Sq Ft
5,674 Sq Ft Lot

Recently Sold

$465 Per Sq Ft

11 Days on Market

Highlights

  • Ocean Side of Freeway
  • Open Floorplan
  • Spanish Architecture
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • Living Room with Attached Deck

About This Home

As of April 2016

Show stopper 2:1 – in much sought after Wilton Street Historic District. Property has 2 fully renovated and remodeled homes on one lot with total of 3 bedrooms and 3 bathrooms, 2 detached bonus rooms and a large 1 car garage. Both beautifully renovated and updated with open floor plan, expanded master bedroom, French doors, 9’ high ceilings in master, all new kitchen cabinets, classic marble, travertine and tile finishes were used throughout the kitchen and bath areas. Refinished Oak quarter sawn wood floor in front house. New low maintenance ceramic distressed wood look tile flooring in rear home.
Seller spared no expense and it shows. Front house has all new electrical system with custom lighting and both homes have new copper plumbing and attic insulation. Original wood windows and doors were restored to their original glory or replaced with custom built units to match existing. All new landscaping with automatic irrigation and LB water wise approved front yard design. Both homes are very private with each having its own redwood deck and strategically placed fencing to maximize privacy yet maintain openness from within. Professionally decorated interior shows wonderfully and most furnishings and decor may be purchased at additional cost.

Last Buyer's Agent

Sue La Bounty

First Team Real Estate License #01161648

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,096

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 5,674 Sq Ft Lot
  • Lot Dimensions are 42x135
  • No Common Walls
  • South Facing Home
  • Block Wall Fence
  • Redwood Fence
  • Stucco Fence
  • New Fence
  • Landscaped
  • Sprinklers Throughout Yard
  • Private Yard
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Side Facing Garage
  • Up Slope from Street
  • Driveway

Home Design

  • Spanish Architecture
  • Bungalow
  • Turnkey
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • French Mullion Window
  • Wood Frame Window
  • Window Screens
  • Living Room with Attached Deck
  • Home Office

Kitchen

  • Self-Cleaning Convection Oven
  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Ocean Side of Freeway
  • Exterior Lighting
  • Outbuilding

Utilities

  • Heating System Uses Natural Gas
  • Overhead Utilities
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tax Lot 7253
  • Tax Tract Number 8613
  • Assessor Parcel Number 7253014035

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $900
  • Insurance Expense $1,200
  • Water Sewer Expense $840
  • New Taxes Expense $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,096

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • CapRate: 4.70
  • Inclusions: 1 Refrigerator, 2 Ranges, all Apliances
  • Price Per Unit: 397500
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 840.00
  • Zoning: LBR2N
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Additions/Alterations, Building Permit, Repairs Cosmetic, Updated/Remodeled, Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7253014035
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Crown Molding, Copper Plumbing Full, High Ceilings, Living Room Deck Attached, Open Floorplan, Recessed Lighting, Stone Counters, Tile Counters
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 464.86
  • Room Type: All Bedrooms Down, Jack & Jill, Main Floor Master Bedroom, Office
  • Window Features: French/Mullioned, Screens, Wood Frames

Exterior Features

  • Direction Faces: South
  • Foundation: Concrete Perimeter, Pillar/Post/Pier, Raised
  • Other Structures: Outbuilding, Two On A Lot
  • Fencing: Block, New Condition, Redwood, Stucco Wall, Wood, Excellent Condition
  • Pool Private: No
  • Roof: Asphalt, Composition, Rolled/Hot Mop, Spanish Tile
  • Construction Materials: Drywall Walls, Frame, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Side, Built-In Storage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: 2-5 Units/Acre, Landscaped, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer, Sprinkler System, Utilities - Overhead, Up Slope from Street, Yard
  • Lot Size: 42X135
  • Lot Size Sq Ft: 5674.00
  • Price Per Lot Square Foot: 142.23
  • Lot Size Acres: 0.1300

Multi Family

  • Average1 Bed Area: 570
  • Average2 Bed Area: 1166
  • Gross Multiplier: 13.25
  • Gross Scheduled Income: 55200.00
  • Gross Spendable Income: 36984.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5674.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Drapes: 2
  • Number With Patio: 2
  • Operating Expense: 15456.00
  • Operating Expense Percent: 28.00
  • Other Income Description: 30% dwn,&loan@3.75%, $/$ 7.9 %
  • Rent Control: No
  • Vacancy Allowance: 2760
  • Vacancy Allowance Rate: 5.00
  • Waterfront Features: Ocean Side of Freeway

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Lot: 7253
  • Tax Tract Number: 8613

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Crawford David W and Crawford Meka D
Bought by
Crawford Family Trust
Current Estimated Value
$1,113,091

Purchase Details

Listed on
Mar 31, 2016
Closed on
Mar 9, 2016
Sold by
Petrie John R and The John R Petric Trust
Bought by
Crawford David W and Crawford Meka D
Seller's Agent
Sue La Bounty
First Team Real Estate
Buyer's Agent
Denise Scandura
Seven Gables Real Estate
Sold Price
$2,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%
Original Mortgage
$450,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Petrie John R
Bought by
Petrie John R and John R Petrie Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,500
Interest Rate
5.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 21, 2004
Sold by
Petrie John R
Bought by
Petrie John R and John R Petrie Trust
Source: Public Records

Similar Homes in the area

  • 4316 E Wehrle Ct, Long Beach, CA 90804

    $729,000

    • 1 Bed
    • 1 Bath
    • 1,260 Sq Ft
    • 4316 E Wehrle Ct
    • Long Beach, CA

    Side by Side twins. Great location, great investment opportunity for this duplex each unit consisting of 1 bedroom and 1 bath. There's also a double garage. Each unit has 630 square feet of living area. Good sized bedroom and closet plus a laundry room. Ceiling fans and stove stay. Floor furnace. Long term tenants.

    Craig Smith Coldwell Banker Realty

    Section Image
  • 1030 Mira Mar Ave, Long Beach, CA 90804

    $949,000

    • 2 Beds
    • 1 Bath
    • 1,284 Sq Ft
    • 1030 Mira Mar Ave
    • Long Beach, CA

    PRIME INVESTOR OPPORTUNITY | ADU & MULTI-UNIT POTENTIAL | HEART OF LONG BEACH | Welcome to 1030 Mira Mar Avenue, a rare and exciting opportunity for investors, developers, or buyers looking to create long-term value in one of Long Beach’s most desirable neighborhoods. Located just minutes from the beach, Retro Row, and the shops and dining along 4th Street, this property sits on a deep 5,661 sqft

    Kathy Leimkuhler First Team Real Estate

    Section Image
  • 1035 Ohio Ave, Long Beach, CA 90804

    $969,500

    • 3 Beds
    • 2 Baths
    • 1,490 Sq Ft
    • 1035 Ohio Ave
    • Long Beach, CA

    Welcome to the endless possibilities at 1035 Ohio Avenue, Long Beach, CA. This property screams potential with its duplex setup, offering a wealth of options to maximize both space and investment. Nestled on a sprawling 6,489 square-foot lot, this home combines comfort with limitless opportunity. Step into the front unit, where 2 bedrooms and 1 bathroom provide a welcoming retreat. The extended

    Connor Moore COMPASS

    Section Image
  • 1871 Junipero Ave Unit A, Signal Hill, CA 90755

    $899,000

    • 4 Beds
    • 3 Baths
    • 1,818 Sq Ft
    • 1871 Junipero Ave
    • Unit A
    • Signal Hill, CA

    This property is located close to all amenities. There was some remodelling done in the past year or so. Quiet neighborhood. Great Investment Property.

    Arun Arya Shivam Realtors

    Section Image
  • 744 Gladys Ave, Long Beach, CA 90804

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,622 Sq Ft
    • 744 Gladys Ave
    • Long Beach, CA

    Fabulous opportunity in the Rose Park historical district. Duplex Property. Front Craftsman home with endless possibilities. Front home is 2 bedrooms with a loft/bedroom area plus a full bathroom. Back unit is a one bedroom, one bathroom that has charm. Enormous lot perfecting for adding on or creating an amazing sanctuary. Terrific location, minutes from the Ocean and close to trendy Retro-Row.

    Natasha Schultheis Coldwell Banker Realty

    Section Image
  • 2703 E 7th St, Long Beach, CA 90804

    $999,999

    • 2 Beds
    • 3 Baths
    • 1,543 Sq Ft
    • 2703 E 7th St
    • Long Beach, CA

    INVESTMENT OPPORTUNITY! Property to be delivered vacant with RTI ADU plans! Zoned LBCNR, 2703-2705 E. 7th St. is a versatile duplex located in the highly sought-after 7th Street district of Rose Park/Circle in Long Beach. Situated on a prime corner lot, this property offers endless possibilities for an owner/user, investors, developers, or business owners. With a mix of commercial and residential

    Johnnie Stiegler Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 1085 Raymond Ave, Long Beach, CA 90804

    $849,900

    • 3 Beds
    • 2 Baths
    • 1,799 Sq Ft
    • 1085 Raymond Ave
    • Long Beach, CA

    GREAT PRICE! RARE 2 SEPARATE DETACHED HOMES ON ONE FULL SIZED LOT MULTIFAMILY PROPERTY at the heart of Long Beach with many shops close by walking distance and public transportation easily taken. Consisting of 2 separate houses and a separate garage parking building and yet 2 separate sizeable yard for each unit to use themselves makes this highly desirable. Can easily be owner occupied or rent

    Chun Liu Keller Williams Coastal Prop.

    Section Image
  • 1364 Cherry Ave, Long Beach, CA 90813

    $895,000

    • 1 Bed
    • 1 Bath
    • 2,544 Sq Ft
    • 1364 Cherry Ave
    • Long Beach, CA

    Presenting a rare investment opportunity at 1364 Cherry Avenue, Long Beach—this 4-unit property offers four spacious 1-bedroom, 1-bathroom units, ideal for both owner-occupants and investors seeking steady rental income. Each unit features a functional layout, natural light, and classic charm. The property includes four detached one-car garages, providing valuable off-street parking and potential

    Kevin Kott Kott & Company, Inc.

    Section Image

Range of Values:

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 Type Sale Price Title Company
Deed -- Jakle Alexander & Patton Llp
Grant Deed $807,000 Title 365
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $450,000 New Conventional
Previous Owner $474,500 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2017 09/07/17 Rented $2,900 0.0% --
09/01/2017 09/01/17 Under Contract -- -- --
08/27/2017 08/27/17 Price Changed $2,900 -1.7% $2 / Sq Ft
08/07/2017 08/07/17 For Rent $2,950 0.0% --
09/13/2016 09/13/16 Rented $2,950 0.0% --
08/25/2016 08/25/16 For Rent $2,950 0.0% --
04/18/2016 04/18/16 Rented $2,950 +1.7% --
04/12/2016 04/12/16 Off Market $2,900 -- --
04/06/2016 04/06/16 Sold $807,000 0.0% $465 / Sq Ft
03/31/2016 03/31/16 For Rent $2,900 0.0% --
03/07/2016 03/07/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $807,000 -- $465 / 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 $12,096 $955,318 $621,491 $333,827
2024 $12,096 $936,587 $609,305 $327,282
2023 $11,895 $918,223 $597,358 $320,865
2022 $11,162 $900,220 $585,646 $314,574
2021 $10,947 $882,569 $574,163 $308,406
2020 $10,919 $873,520 $568,276 $305,244
2019 $10,792 $856,393 $557,134 $299,259
2018 $10,468 $839,602 $546,210 $293,392
2016 $3,611 $286,388 $120,918 $165,470
2015 $3,469 $282,087 $119,102 $162,985
2014 $3,454 $276,562 $116,769 $159,793
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16039411

California Regional Multiple Listing Service (CRMLS)

APN: 7253-014-035