C
Seller's Agent in 2021
Cindy Ludwig
First Team Real Estate
(310) 849-8515
2 in this area
11 Total Sales
384 Walnut Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $878,790 - $1,059,000
4
Beds
4
Baths
1,980
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- Gated Community
- Open Floorplan
- 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 2021To be sold with sister building 378 Walnut Ave.. This building is all large studio units wit hardwood floors, large baseboards, new dual pane windows, remodeled kitchen and baths. This "compound" of building 378 & 384 Walnut are a secure gated complex and being sold as two separate four unit buildings, making for residential financing. A couple of blocks from the beach and walking distance to the trendy "retro row", walk-up cafe's, wine bars, pubs and the Art Theatre. Building has been well maintained. Adjoining sister building is all one bedroom units. Nice large redwood deck in common area between buildings is a great place for tenants enjoyment, covered in sails. Center common entrance on building interior is nicely maintained. Property is being sold 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 1922 | Remodeled
Lot Details
- 1,567 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
- Open Floorplan
- Double Pane Windows
- Wood Flooring
Kitchen
- Free-Standing Range
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Dressing Area
- 4 Bathrooms
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 7275016002
Community Details
Overview
- No Home Owners Association
- 4 Units
- Alamitos Beach Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $266
- Fuel Expense $266
- Insurance Expense $1,088
- Trash Expense $266
- Water Sewer Expense $266
- New Taxes Expense $9,145
- Operating Expense $8,257
- Gross Income $46,800
- Net Operating Income $38,543
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 8, 2009
Sold by
Chandler Paul W
Bought by
Feles George Thomas
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$203,908
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$766,790
Purchase Details
Closed on
Jan 27, 2009
Sold by
Chandler Jillian E
Bought by
Chandler Paul W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 7, 2005
Sold by
Chandler Paul W
Bought by
Chandler Jillian E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 15, 2005
Sold by
Chandler Jillian E
Bought by
Chandler Jillian E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 25, 1994
Sold by
Home Svgs Of America Fsb
Bought by
Chandler Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
6.37%
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 |
|---|---|---|---|
| Feles George Thomas | $400,000 | Ticor Title Company Of Ca | |
| Chandler Paul W | -- | Fidelity Van Nuys | |
| Chandler Jillian E | -- | Fidelity National Title Co | |
| Chandler Jillian E | -- | Fidelity National Title Co | |
| Chandler Paul | $70,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Feles George Thomas | $320,000 | |
| Previous Owner | Chandler Paul W | $185,000 | |
| Previous Owner | Chandler Jillian E | $312,000 | |
| Previous Owner | Chandler Jillian E | $312,000 | |
| Previous Owner | Chandler Paul | $52,500 |
Source: Public Records
Property History
| 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 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 | $10,884 | $838,883 | $589,925 | $248,958 |
| 2024 | $10,884 | $822,435 | $578,358 | $244,077 |
| 2023 | $10,695 | $806,310 | $567,018 | $239,292 |
| 2022 | $10,039 | $790,500 | $555,900 | $234,600 |
| 2021 | $6,270 | $475,866 | $214,139 | $261,727 |
| 2020 | $6,254 | $470,988 | $211,944 | $259,044 |
| 2019 | $6,180 | $461,754 | $207,789 | $253,965 |
| 2018 | $6,025 | $452,701 | $203,715 | $248,986 |
| 2016 | $5,547 | $435,123 | $195,805 | $239,318 |
| 2015 | $5,331 | $428,588 | $192,864 | $235,724 |
| 2014 | $5,309 | $420,194 | $189,087 | $231,107 |
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
2 in this area
68 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20253784
APN: 7275-016-002
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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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