Seller's Agent in 2014
Mark Perez
Circle Real Estate
(562) 754-0660
111 Total Sales
384 Tremont Ave Long Beach, CA 90814
Belmont Heights Neighborhood
6
Beds
4
Baths
6,842
Sq Ft
0.28
Acres
Highlights
- 0.28 Acre Lot
- Contemporary Architecture
- Laundry Room
- Fremont Elementary School Rated A
- No HOA
- Forced Air Heating System
About This Home
As of October 2014384 Tremont is situated in the heart of Belmont Heights, just minutes from the beach and Long Beach State. The building and SFR consists of
(1 SFR- three bedroom/two-bathroom ),(2 two-bedroom/one-bathroom),(3 one-bedroom-/one bath), (1 studio) totaling 7 units. More than half the units have already been refurbished. HUGH UPSIDE POTENTIAL IN RENTS-ONLY 3 TENANTS ON LEASE TILL NEXT YEAR. The property features a charming Contemporary style two-story building constructed in 1930 with a detached SFR 3 bedroom-2 bath house. Some notable features include five single-car garages and a 2 car garage for the house, separate meters for gas and electric. Landscaping is neat and well-kept. The quality asset is featured in a strong rental area, totaling to a substantial lot size of 12,632 square feet. This would make a perfect addition to any investor?s portfolio.
Last Agent to Sell the Property
Circle Real Estate License #01279393 Listed on: 09/22/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 0.28 Acre Lot
- 1 Common Wall
- Block Wall Fence
- Density is up to 1 Unit/Acre
Parking
- 7 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 6,842 Sq Ft Home
- Contemporary Architecture
- Property Attached
- Composition Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
- Sewer Paid
Additional Features
- Laundry Room
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 24
- Tax Tract Number 0
- Assessor Parcel Number 7250017022
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $360
- Gardener Expense $600
- Water Sewer Expense $1,800
- Gross Income $900
- Net Operating Income $112,200
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/22/2014 10/22/14 | Sold | $1,600,000 | -5.6% | $234 / Sq Ft |
| 10/08/2014 10/08/14 | Pending | -- | -- | -- |
| 09/22/2014 09/22/14 | For Sale | $1,695,000 | -- | $248 / 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 | $37,811 | $2,971,381 | $1,931,398 | $1,039,983 |
| 2024 | $37,811 | $2,913,120 | $1,893,528 | $1,019,592 |
| 2023 | $37,182 | $2,856,000 | $1,856,400 | $999,600 |
| 2022 | $23,147 | $1,812,044 | $1,268,432 | $543,612 |
| 2021 | $22,670 | $1,776,514 | $1,243,561 | $532,953 |
| 2020 | $22,610 | $1,758,499 | $1,230,810 | $527,689 |
| 2019 | $22,347 | $1,724,024 | $1,206,677 | $517,347 |
| 2018 | $21,662 | $1,690,224 | $1,183,017 | $507,207 |
| 2016 | $19,914 | $1,624,400 | $1,137,080 | $487,320 |
| 2015 | $19,119 | $1,600,000 | $1,120,000 | $480,000 |
| 2014 | -- | $864,904 | $518,946 | $345,958 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Perez
-
Kevin King
Buyer's Agent in 2014
Kevin King
Marcus & Millichap
(562) 257-1245
1 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS14204667
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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