4025 E 4th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $2,040,000 - $2,243,000
8
Beds
6
Baths
4,687
Sq Ft
$461/Sq Ft
Est. Value
About This Home
As of November 2020Wonderful remodeled Spanish style 4 units in the Heart of Belmont Heights, near trendy shopping and restaurants. Front 1920’s duplex has 2 Large and Bright 2 bdrm, 1 bath units, with great floorplans. Rear 1980’s duplex has 2 Modern open concept layouts, 2 bdrm 2 bath units. Rear lower unit has a lovely fenced in yard, upper has private balcony. All four units have hard to find dishwashers. The large lot still allows for 3 Single Car Garages, plus up to 7 additional parking spaces, and an on-site laundry room. Lots of upgrades throughout include: designer quartz, granite, stainless farmhouse sinks, white & bright kitchens, remodeled bathrooms, subway tile, concrete designer tiles, newer carpet and paint, beautiful classic hardwood floors, and built-ins. This turnkey property with annual scheduled rent over $100K/yr is a true gem that has great tenants, a just completed new exterior paint job, refreshed landscaping, and replacement of all window screens.
Last Agent to Sell the Property
Palazzo Realty Inc. License #01246595 Listed on: 11/04/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,464
Year Built
- Built in 1986
Lot Details
- 6,767 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 7 Open Parking Spaces
- 3 Car Garage
Home Design
- 4,687 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 16
- Tax Tract Number 5771
- Assessor Parcel Number 7255019021
Community Details
Overview
- 2 Buildings
- 4 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $30,096
- Net Operating Income $64,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 15, 2021
Sold by
Teresa Boyd
Bought by
Teresa Boyd Trust
Total Days on Market
0
Current Estimated Value
Purchase Details
Listed on
Nov 4, 2020
Closed on
Oct 14, 2020
Sold by
Mizrahi Geoffrey and Mizrahi Olga
Bought by
Boyd Teresa
Seller's Agent
Wade Tettenburn
Palazzo Realty Inc.
Buyer's Agent
Wade Tettenburn
Palazzo Realty Inc.
List Price
$1,705,500
Sold Price
$1,705,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Purchase Details
Listed on
Dec 9, 2016
Closed on
Jan 11, 2017
Sold by
Sutherland Kenneth and Sutherland Linda
Bought by
Mizrahi Geoffrey and Mizrahi Olga
Seller's Agent
Kathy Apples
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Wade Tettenburn
Palazzo Realty Inc.
List Price
$1,750,000
Sold Price
$1,344,000
Premium/Discount to List
-$406,000
-23.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$940,800
Interest Rate
4.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2014
Sold by
Sutherland Brandon and Sutherland Kyler
Bought by
Sutherland Kenneth and Sutherland Linda
Purchase Details
Closed on
Oct 28, 2013
Sold by
Jughead Properties Llc
Bought by
Sutherland Kenneth and Sutherland Linda
Purchase Details
Closed on
Oct 23, 2008
Sold by
Sutherland Frank and Sutherland Norman S
Bought by
Jughead Properties Llc
Purchase Details
Closed on
Sep 26, 2008
Sold by
Sutherland Frank and Sutherland Dorothy Revocable L
Bought by
Sutherland Frank and Sutherland Norman S
Purchase Details
Closed on
Jun 30, 2000
Sold by
Sutherland Dorothy A
Bought by
The Dorothy A Sutherland Trust
Purchase Details
Closed on
Sep 10, 1993
Sold by
Gage Beulah W
Bought by
Gage Beulah W and Young Denise Marie
Similar Homes in Long Beach, CA
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 |
|---|---|---|---|
| Teresa Boyd Trust | -- | None Listed On Document | |
| Boyd Teresa | $1,705,500 | Stewart Title | |
| Mizrahi Geoffrey | $1,344,000 | Ticor Title | |
| Sutherland Kenneth | -- | None Available | |
| Sutherland Kenneth | -- | None Available | |
| Jughead Properties Llc | -- | None Available | |
| Sutherland Frank | -- | None Available | |
| The Dorothy A Sutherland Trust | -- | -- | |
| Gage Beulah W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mizrahi Geoffrey | $940,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2020 11/04/20 | Sold | $1,705,500 | 0.0% | $364 / Sq Ft |
| 11/04/2020 11/04/20 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $1,705,500 | +26.9% | $364 / Sq Ft |
| 03/08/2017 03/08/17 | Sold | $1,344,000 | -10.4% | $287 / Sq Ft |
| 01/13/2017 01/13/17 | Pending | -- | -- | -- |
| 12/21/2016 12/21/16 | Price Changed | $1,500,000 | -14.3% | $320 / Sq Ft |
| 12/09/2016 12/09/16 | For Sale | $1,750,000 | -- | $373 / 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 |
|---|---|---|---|---|
| 2024 | $23,464 | $1,809,889 | $1,167,328 | $642,561 |
| 2023 | $23,074 | $1,774,402 | $1,144,440 | $629,962 |
| 2022 | $21,655 | $1,739,610 | $1,122,000 | $617,610 |
| 2021 | $21,226 | $1,705,500 | $1,100,000 | $605,500 |
| 2019 | $17,818 | $1,398,297 | $977,976 | $420,321 |
| 2018 | $17,311 | $1,370,880 | $958,800 | $412,080 |
| 2016 | $13,608 | $1,118,375 | $787,005 | $331,370 |
| 2015 | $13,062 | $1,101,577 | $775,184 | $326,393 |
| 2014 | $12,974 | $1,080,000 | $760,000 | $320,000 |
Source: Public Records
Agents Affiliated with this Home
-
Wade Tettenburn
W
Seller's Agent in 2020
Wade Tettenburn
Palazzo Realty Inc.
(562) 400-0091
2 in this area
5 Total Sales
-
Kathy Apples
Seller's Agent in 2017
Kathy Apples
Berkshire Hathaway HomeServices California Properties
(562) 809-1331
3 in this area
31 Total Sales
-
Caterina Helfenstein
C
Seller Co-Listing Agent in 2017
Caterina Helfenstein
Berkshire Hathaway HomeServices California Properties
(562) 900-6761
2 in this area
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20177644
APN: 7255-019-021
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
Nearby Homes
- 4112 E 5th St
- 386 Mira Mar Ave
- 624 Termino Ave
- 4110 E Vermont St
- 4251 E 4th St
- 680 Grand Ave Unit 105
- 661 Grand Ave
- 744 Termino Ave
- 3600 E 4th St Unit 303
- 4218 E 3rd St
- 4512 E Vermont St
- 274 Grand Ave
- 363 Newport Ave Unit 102
- 420 Redondo Ave Unit 207
- 846 Belmont Ave
- 384 Redondo Ave Unit 205
- 377 Roycroft Ave
- 382 Coronado Ave Unit 102A
- 385 Park Ave
- 260 Prospect Ave