NOT LISTED FOR SALE

40 Hermosa Ave Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $586,000 - $880,000

1 Bed
1 Bath
720 Sq Ft
$1,015/Sq Ft Est. Value

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Private Yard
  • Long Beach Polytechnic High School Rated A
  • Granite Countertops
  • 4-minute walk to Bixby Park

About This Home

As of August 2022

Charming Alamitos Beach bungalow with a prime location, just a couple blocks from the beach. Kitchen and bath were remodeled 10 years ago. Kitchen has granite counters with maple veneer cabinets, porcelain tile flooring, gas stove and dishwasher. Bath has stylish, multi-drawer vanity, porcelain bath/shower, built-in craftsman-style medicine cabinet and linen shelving. The home exudes an abundance of character from the sunlit breakfast nook, multiple built-ins and original hardwood floors. The unit comes with a stackable washer/dryer for the ultimate in convenience.  A small utility room adjacent to the kitchen provides a nice space for a bike and other items that need securing. This area has a back door which opens to the shared backyard space. You'll find a grass lawn bordered by a cute garden. Nearby Bixby Park has a farmer's market two times a week, and yoga on the bluff. Bike paths can take you to the best of Long Beach from downtown to Belmont Shore/Naples/Peninsula. The Long Beach Art Museum is only a few blocks away as are all the great establishments down the Broadway corridor.

Last Agent to Rent the Property

Wayne Ishimine

Y Realty License #01192074 Listed on: 06/01/2022

Last Renter's Agent

Wayne Ishimine

Y Realty License #01192074 Listed on: 06/01/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 720 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Private Yard

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Utility Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Natural Gas Connected

Additional Features

  • Grab Bar In Bathroom
  • Exterior Lighting

Listing and Financial Details

  • Security Deposit $2,350
  • Rent includes gardener, water
  • 12-Month Minimum Lease Term
  • Available 7/1/22
  • Legal Lot and Block 2 / 51
  • Assessor Parcel Number 7265018002

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Alamitos Beach Subdivision

Recreation

  • Dog Park

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-07-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Security: 2350
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Quadruplex
  • Inclusions: Washer/Dryer, Stove, Refrigerator, Window A/C
  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Zoning: LBR4R
  • Property Sub Type: Quadruplex
  • Property Type: Residential Lease
  • Parcel Number: 7265018002
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 720.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Nook
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.26
  • Room Type: Living Room, Utility Room
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Heating Type: Floor Furnace
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinkler System, Yard
  • Lot Size Sq Ft: 720.00
  • Lot Size Acres: 0.0165

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 720.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Rent Includes: Gardener, Water

Tax Info

  • Tax Block: 51
  • Tax Census Tract: 5766.02
  • Tax Lot: 2
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2019
Sold by
Halabi Tamim H
Bought by
Halabi Tamim H and Tamim H Halabi Trust
Current Estimated Value
$730,813

Purchase Details

Closed on
Jun 13, 2017
Sold by
Halabi Tarif H
Bought by
Halabi Tarif H

Purchase Details

Closed on
Oct 14, 2013
Sold by
Halabi Lamia
Bought by
Halabi Lamia H and Subtrust A Of The Halabi Family Trust

Purchase Details

Closed on
Jan 22, 2013
Sold by
Halabi Tarif
Bought by
Halabi Tarif and Halabi Lamia

Purchase Details

Closed on
Sep 6, 2012
Sold by
Halabi Solene Alghannam
Bought by
Halabi Tarif

Purchase Details

Closed on
Sep 4, 2012
Sold by
Anson Andrew B
Bought by
Halabi Tarif

Purchase Details

Closed on
Sep 3, 2004
Sold by
Birling Jessica Jean
Bought by
Anson Andrew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Lim Paulino and Lim Barbara M
Bought by
Anson Andrew B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Lim Paulino and Lim Barbara M
Bought by
Lim Paulino

Purchase Details

Closed on
May 20, 2002
Sold by
Lim Paulino and Lim Barbara
Bought by
Lim Paulino
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
Halabi Tamim H -- None Available
Halabi Tarif H -- None Available
Halabi Lamia H -- None Available
Halabi Lamia H -- None Available
Halabi Tarif -- None Available
Halabi Tarif -- North American Title Company
Halabi Tarif $800,000 North American Title Company
Anson Andrew B -- Old Republic Title Company
Anson Andrew B $870,000 Old Republic Title Company
Lim Paulino -- Old Republic Title Company
Lim Paulino -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anson Andrew B $670,000
Closed Anson Andrew B $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2022 08/27/22 Rented $250 -89.4% --
08/22/2022 08/22/22 Off Market $2,350 -- --
06/01/2022 06/01/22 For Rent $2,350 -- --
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 $3,637 $273,889 $214,404 $59,485
2024 $3,637 $268,519 $210,200 $58,319
2023 $3,574 $263,255 $206,079 $57,176
2022 $3,357 $258,094 $202,039 $56,055
2021 $2,980 $227,186 $198,789 $28,397
2020 $2,972 $224,857 $196,751 $28,106
2019 $2,938 $220,449 $192,894 $27,555
2018 $2,848 $216,127 $189,112 $27,015
2016 $2,624 $207,736 $181,769 $25,967
2015 $2,521 $204,616 $179,039 $25,577
2014 $2,508 $200,608 $175,532 $25,076
Source: Public Records

Agents Affiliated with this Home

  • Wayne Ishimine

    Landlord's Agent in 2022

    Wayne Ishimine

    Y Realty

    (562) 513-7800

    1 in this area

    27 Total Sales

    Wayne Ishimine
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22116252

California Regional Multiple Listing Service (CRMLS)

APN: 7265-018-002

California Los Angeles County Long Beach 90802 Alamitos Beach

40 Hermosa Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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