Seller's Agent in 2021
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
1 in this area
89 Total Sales
405 E Esther St Long Beach, CA 90813
Central NeighborhoodEstimated Value: $1,870,000 - $2,232,013
18
Beds
8
Baths
4,252
Sq Ft
$482/Sq Ft
Est. Value
About This Home
As of February 2021High yield 7-unit apartment building half a block to a blue line station and steps to numerous new developments. Great unit mix of one 6 Bed/2 Bath unit, three 3 Bed/1 Bath units, one 2 Bed/1 Bath units, one 1 Bed/1 Bath, and one studio. Exterior refresh just completed and 5 out of 7 units remodeled. Super strong income at 12.59X gross on actuals with a 6% upside to market GRM of 11.81X and a 5.5% market cap rate. Qualifies for 75% LTV financing at historically low interest rates. Off-street parking for 4-5 cars. Just North of Downtown Long Beach. Blue lines serves both Downtown Los Angeles and Long Beach. Blocks away from elementary, middle, and high schools.
Last Agent to Sell the Property
Buckingham Investments, Inc License #01908153 Listed on: 09/05/2020
Last Buyer's Agent
John Alden
Alden Pacific Investments, Inc. License #02114291
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 6,752 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Interior Spaces
- 4,252 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 18 Bedrooms
- 8 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 20 / C
- Tax Tract Number 5753
- Assessor Parcel Number 7269020023
Community Details
Overview
- 3 Buildings
- 7 Units
- Poly High Subdivision
Building Details
- 8 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $546
- Fuel Expense $546
- Gardener Expense $600
- Insurance Expense $3,016
- Maintenance Expense $6,980
- Pest Control $210
- Professional Management Expense $8,376
- Trash Expense $546
- Water Sewer Expense $546
- New Taxes Expense $23,125
- Operating Expense $45,095
- Gross Income $139,593
- Net Operating Income $94,498
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
Closed on
Nov 17, 2020
Sold by
Bought by
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
$1,055,000
Interest Rate
0.026%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 29, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,675,000
Interest Rate
0.048%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Mar 26, 2014
Closed on
Aug 19, 2014
Sold by
Bought by
Seller's Agent
Brian Thornton
Thornton Realty
Buyer's Agent
Ryan Peterson
Gold Coast Realty
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$610,000
Interest Rate
0.0408%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 8, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
0.0408%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
0.0633%
Mortgage Type
Commercial
Purchase Details
Closed on
May 25, 2006
Sold by
Bought by
Purchase Details
Closed on
Oct 2, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,125
Interest Rate
0.0572%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 23, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
0.0629%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 1, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Interest Rate
0.0629%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 25, 2002
Sold by
Bought by
Purchase Details
Closed on
Jun 15, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,866
Interest Rate
0.0726%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 11, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,866
Interest Rate
0.0726%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jul 14, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,325
Interest Rate
0.0809%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 1, 1998
Sold by
Bought by
Purchase Details
Closed on
Aug 1, 1997
Sold by
Bought by
Purchase Details
Closed on
May 5, 1997
Sold by
Bought by
Purchase Details
Closed on
May 12, 1995
Sold by
Bought by
Purchase Details
Closed on
Mar 2, 1995
Sold by
Bought by
Purchase Details
Closed on
Jun 29, 1994
Sold by
Bought by
Purchase Details
Closed on
Apr 8, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,825,000 | Fidelity National Title | ||
| $1,375,000 | Fidelity National Title | ||
| $830,000 | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | First American Title Ins Co | ||
| -- | None Available | ||
| $805,000 | Southland Title Company | ||
| $300,000 | North American Title | ||
| $250,000 | Provident Title | ||
| -- | Provident Title | ||
| -- | -- | ||
| $13,235 | North American Title Co | ||
| $262,000 | Provident Title Company | ||
| -- | -- | ||
| -- | -- | ||
| $35,000 | -- | ||
| $169,883 | Fidelity National Title Ins | ||
| -- | First American Title | ||
| $150,000 | Old Republic Title Company | ||
| $302,707 | North American Title |
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 | $1,166,500 | ||
| Previous Owner | $1,055,000 | ||
| Previous Owner | $8,675,000 | ||
| Previous Owner | $610,000 | ||
| Previous Owner | $680,000 | ||
| Previous Owner | $45,125 | ||
| Previous Owner | $532,500 | ||
| Previous Owner | $97,500 | ||
| Previous Owner | $357,500 | ||
| Previous Owner | $225,000 | ||
| Previous Owner | $37,866 | ||
| Previous Owner | $7,279 | ||
| Previous Owner | $259,325 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 02/05/2021 02/05/21 | Sold | $1,825,000 | -1.4% | $429 / Sq Ft | |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- | |
| 09/05/2020 09/05/20 | For Sale | $1,850,000 | +34.5% | $435 / Sq Ft | |
| 11/30/2018 11/30/18 | Sold | $1,375,000 | -1.8% | $316 / Sq Ft | View Prior Sale |
| 05/15/2018 05/15/18 | For Sale | $1,400,000 | +68.7% | $322 / Sq Ft | |
| 10/15/2014 10/15/14 | Sold | $830,000 | -5.1% | $195 / Sq Ft | View Prior Sale |
| 06/26/2014 06/26/14 | Pending | -- | -- | -- | |
| 03/26/2014 03/26/14 | For Sale | $875,000 | 0.0% | $206 / Sq Ft | |
| 01/15/2014 01/15/14 | Rented | $1,100 | 0.0% | -- | |
| 01/13/2014 01/13/14 | Under Contract | -- | -- | -- | |
| 09/11/2012 09/11/12 | For Rent | $1,100 | 0.0% | -- | |
| 02/08/2012 02/08/12 | Rented | $1,100 | 0.0% | -- | |
| 02/08/2012 02/08/12 | Under Contract | -- | -- | -- | |
| 10/03/2011 10/03/11 | For Rent | $1,100 | -- | -- |
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 | $26,499 | $1,975,436 | $649,458 | $1,325,978 |
| 2024 | $25,388 | $1,936,703 | $636,724 | $1,299,979 |
| 2023 | $24,957 | $1,898,730 | $624,240 | $1,274,490 |
| 2022 | $23,424 | $1,861,500 | $612,000 | $1,249,500 |
| 2021 | $18,097 | $1,417,029 | $515,283 | $901,746 |
| 2020 | $18,050 | $1,402,500 | $510,000 | $892,500 |
| 2019 | $17,838 | $1,375,000 | $500,000 | $875,000 |
| 2018 | $11,638 | $876,698 | $316,879 | $559,819 |
| 2016 | $10,709 | $842,657 | $304,575 | $538,082 |
| 2015 | $10,290 | $830,000 | $300,000 | $530,000 |
| 2014 | $11,609 | $933,658 | $436,093 | $497,565 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Walker
-
J
Buyer's Agent in 2021
John Alden
Alden Pacific Investments, Inc.
-
William Larson
Seller's Agent in 2018
William Larson
First Team Real Estate
(866) 525-3656
22 Total Sales
-
Brian Thornton
Seller's Agent in 2014
Brian Thornton
Thornton Realty
(562) 756-9354
4 Total Sales
-
R
Seller's Agent in 2014
Rich McHugh
Realty One Group West
-
Ryan Peterson
Buyer's Agent in 2014
Ryan Peterson
Gold Coast Realty
(714) 423-7433
108 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20183356
APN: 7269-020-023
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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