Seller's Agent in 2018
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
3 in this area
74 Total Sales
4041 E 2nd St Long Beach, CA 90803
Belmont Heights Neighborhood
6
Beds
4
Baths
6,758
Sq Ft
4,230
Sq Ft Lot
Highlights
- Open Floorplan
- Wood Flooring
- No HOA
- Fremont Elementary School Rated A
- Granite Countertops
- Laundry Room
About This Home
As of June 2018The Second Street Apartments is a 10-unit garden style community comprised of a studio, one-bedroom, two-bedroom and three bedroom units with ocean views and three private garages. Investors have the opportunity to add value to a turn-key property located in prime Belmont Heights. The asset's highly sough-after location is just a few steps from the ocean, Belmont Pier and walking distance to a multitude of retail corridors, restaurants, coffee shops and bars along Long Beach's busiest main streets, East Broadway and East 2nd Street.
Belmont Heights is one of most prestigious coastal neighborhoods. The neighborhood is a pedestrian friendly neighborhood boasting a walk score of 83.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 09/07/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 4,230 Sq Ft Lot
- Two or More Common Walls
- Front Yard
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
Home Design
- Property Attached
Interior Spaces
- 6,758 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Wood Flooring
- Granite Countertops
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 5772
- Assessor Parcel Number 7256011028
Community Details
Overview
- No Home Owners Association
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- Electric Expense $1,333
- Gardener Expense $1,200
- Insurance Expense $2,703
- Maintenance Expense $5,500
- Pest Control $500
- Professional Management Expense $8,621
- Supplies Expense $2,000
- Trash Expense $1,333
- Water Sewer Expense $1,333
- New Taxes Expense $43,183
- Operating Expense $68,207
- Gross Income $215,515
- Net Operating Income $147,307
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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 |
|---|---|---|---|---|
| 06/06/2018 06/06/18 | Sold | $3,590,000 | -2.7% | $531 / Sq Ft |
| 02/21/2018 02/21/18 | Pending | -- | -- | -- |
| 02/13/2018 02/13/18 | Price Changed | $3,690,000 | 0.0% | $546 / Sq Ft |
| 02/13/2018 02/13/18 | For Sale | $3,690,000 | +2.8% | $546 / Sq Ft |
| 11/16/2017 11/16/17 | Off Market | $3,590,000 | -- | -- |
| 11/16/2017 11/16/17 | Pending | -- | -- | -- |
| 09/07/2017 09/07/17 | For Sale | $3,900,000 | -- | $577 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $53,965 | $4,287,280 | $2,785,671 | $1,501,609 |
| 2024 | $53,965 | $4,203,216 | $2,731,050 | $1,472,166 |
| 2023 | $53,057 | $4,120,800 | $2,677,500 | $1,443,300 |
| 2022 | $49,761 | $4,040,000 | $2,625,000 | $1,415,000 |
| 2021 | $46,564 | $3,773,730 | $2,102,357 | $1,671,373 |
| 2019 | $45,896 | $3,662,700 | $2,040,000 | $1,622,700 |
| 2018 | $24,110 | $1,873,620 | $1,248,480 | $625,140 |
| 2016 | $22,494 | $1,827,450 | $1,218,300 | $609,150 |
| 2015 | $10,852 | $845,047 | $229,844 | $615,203 |
| 2014 | $10,821 | $828,495 | $225,342 | $603,153 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
Hal Pappano
Buyer's Agent in 2018
Hal Pappano
Capitalvest, Inc.
(714) 257-9003
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17206014
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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