Lori Alvarez
REAL ESTATE RESOLVED
(909) 317-3786
189 Total Sales
2 in Recreation Park
$740,000 Price Range
3911 E 8th St Long Beach, CA 90804
Recreation Park Neighborhood
8
Beds
7
Baths
4,029
Sq Ft
7,045
Sq Ft Lot
About This Home
As of April 2019Great Investment Opportunity! Situated on a large 7,045 SF lot, the 4,029 SF property is comprised of (1) 2bd/1bth unit, and (6) 1bd/1bth units. Built in 1955, the property includes 3 single car garages, 4 surface parking spaces, and onsite laundry. The property is well maintained but original condition. Property will be delivered with two vacant units. Current rents are well below market.
Last Agent to Sell the Property
Pabst, Kinney & Associates License #01849377 Listed on: 02/15/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 7,045 Sq Ft Lot
- Two or More Common Walls
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Home Design
- 4,029 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Tax Tract Number 5770
- Assessor Parcel Number 7254016018
Community Details
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $7,800
- Net Operating Income $95,400
Additional Features
- 7 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2019
Closed on
Feb 27, 2019
Sold by
Bought by
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Jon Swire
The Agency
List Price
$1,650,000
Sold Price
$1,675,000
Premium/Discount to List
$25,000
1.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.3%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 18, 2010
Sold by
Bought by
Purchase Details
Closed on
Nov 1, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Recreation Park, CA
-
Lori Alvarez
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
44 Total Sales
2 in Recreation Park
$445,000 Price Range
-
Diana Veloz
Diana Veloz
DIANA VELOZ, BROKER
(626) 699-8081
25 Total Sales
1 in Recreation Park
$1,090,000 Price
-
Leslie Stonick
Leslie Stonick
Compass
(424) 381-0410
73 Total Sales
3 in Recreation Park
$755K - $1.5M Price Range
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
185 Total Sales
1 in Recreation Park
$890,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
1 in Recreation Park
$564,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,675,000 | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,417,500 | ||
| Closed | $1,100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2019 04/05/19 | Sold | $1,675,000 | +1.5% | $416 / Sq Ft |
| 02/26/2019 02/26/19 | Pending | -- | -- | -- |
| 02/15/2019 02/15/19 | For Sale | $1,650,000 | -- | $410 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $25,147 | $1,868,489 | $1,305,155 | $563,334 |
| 2024 | $24,054 | $1,831,853 | $1,279,564 | $552,289 |
| 2023 | $23,644 | $1,795,935 | $1,254,475 | $541,460 |
| 2022 | $22,192 | $1,760,722 | $1,229,878 | $530,844 |
| 2021 | $21,747 | $1,726,199 | $1,205,763 | $520,436 |
| 2019 | $2,879 | $141,264 | $28,762 | $112,502 |
| 2018 | $2,716 | $138,496 | $28,199 | $110,297 |
| 2016 | $2,498 | $133,120 | $27,105 | $106,015 |
| 2015 | $2,421 | $131,121 | $26,698 | $104,423 |
| 2014 | $2,448 | $128,554 | $26,176 | $102,378 |
Source: Public Records
Agents Affiliated with this Home
-
Spencer Pabst
Seller's Agent in 2019
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
50 Total Sales
-
Jon Swire
Buyer's Agent in 2019
Jon Swire
The Agency
(310) 948-2631
2 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19036339
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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