Edward Renteria
Serhant California, Inc.
(669) 800-1168
25 Total Sales
1 in Recreation Park
$380,000 Price
4201 E 7th St Long Beach, CA 90804
Recreation Park NeighborhoodEstimated Value: $1,592,710
9
Beds
6
Baths
3,265
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- No HOA
- Laundry Facilities
- Corner Lot
- Living Room
- Wrought Iron Fence
About This Home
As of July 2023WELCOME TO YOUR DREAM INVESTMENT PROPERTY - This stunning Classic Spanish-style building offers spacious units, a private lot, and an incredible CASH FLOW. With dream tenants in place, this property is a smart investment for any real estate portfolio. Each unit has been thoughtfully renovated in 2010, ensuring modern amenities while maintaining its 1930's charm. The units are spacious and offer plenty of light, making them desirable to the tenants. The property also features on-site laundry and another highlight is the 800 square foot garage/basement, offering endless possibilities, including more potential rental space. This is an exceptional investment that promises an excellent cash flow and a solid return on investment.
Last Agent to Sell the Property
Re/Max R. E. Specialists License #01107487 Listed on: 04/14/2023
Co-Listed By
John Lindberg
Re/Max R. E. Specialists License #01010112
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 4,255 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Corner Lot
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- Spanish Architecture
- Quadruplex
- Entry on the 1st floor
- Flat Roof Shape
- Raised Foundation
- Spanish Tile Roof
- Stucco
Interior Spaces
- 3,265 Sq Ft Home
- 1-Story Property
- Living Room
- Gas Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Wall Furnace
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 6519
- Assessor Parcel Number 7241003016
- $814 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Belmont Heights Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $8,206
- Gardener Expense $1,789
- Insurance Expense $4,274
- Other Expense $220
- Pest Control $382
- Water Sewer Expense $4,782
- Operating Expense $19,708
- Gross Income $3,300
- Net Operating Income $88,043
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
Apr 14, 2023
Closed on
Jun 23, 2023
Sold by
Bought by
Seller's Agent
Jamee Lindberg
Re/Max R. E. Specialists
Buyer's Agent
Mary Ryan
Pacific Sotheby's Int'l Realty
List Price
$1,675,000
Sold Price
$1,535,000
Premium/Discount to List
-$140,000
-8.36%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,710
Avg. Annual Appreciation
1.22%
Original Mortgage
$1,228,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2023
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
$1,228,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2015
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
$696,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2015
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
$696,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 19, 2013
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
$471,250
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 1, 2012
Closed on
Sep 5, 2012
Sold by
Bought by
Seller's Agent
Joe Hernandez
Estate Properties
Buyer's Agent
William Smith
List Price
$669,900
Sold Price
$560,000
Premium/Discount to List
-$109,900
-16.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%
Purchase Details
Closed on
Aug 9, 2011
Sold by
Bought by
Purchase Details
Closed on
Mar 5, 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
$380,000
Interest Rate
8.5%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 25, 1999
Sold by
Bought by
Purchase Details
Closed on
May 20, 1996
Sold by
Bought by
Purchase Details
Closed on
May 17, 1996
Sold by
Bought by
Purchase Details
Closed on
May 2, 1996
Sold by
Bought by
Purchase Details
Closed on
Apr 1, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Recreation Park, CA
-
Edward Renteria
-
Dennis Maynard
Dennis Maynard
LPT Realty, Inc
(424) 421-1811
9 Total Sales
1 in Recreation Park
$460,000 Price
-
Lori Alvarez
Lori Alvarez
REAL ESTATE RESOLVED
(909) 317-3786
189 Total Sales
2 in Recreation Park
$740,000 Price Range
-
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
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 |
|---|---|---|---|
| $1,535,000 | Ticor Title Company | ||
| -- | Accommodation/Courtesy Recordi | ||
| $950,000 | Title 365 | ||
| -- | Title 365 | ||
| -- | Title365 | ||
| -- | Fidelity National Title Co | ||
| $560,000 | First American Title Ins Co | ||
| $731,235 | Accommodation | ||
| -- | Fidelity National Title | ||
| $398,000 | First American Title Co | ||
| -- | -- | ||
| $310,000 | Fidelity Title | ||
| -- | Fidelity 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 | $1,264,000 | ||
| Closed | $1,228,000 | ||
| Previous Owner | $696,000 | ||
| Previous Owner | $471,250 | ||
| Previous Owner | $320,000 | ||
| Previous Owner | $726,000 | ||
| Previous Owner | $570,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $380,000 | ||
| Previous Owner | $62,000 | ||
| Previous Owner | $60,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/19/2023 07/19/23 | Sold | $1,535,000 | -2.5% | $470 / Sq Ft | |
| 05/31/2023 05/31/23 | Price Changed | $1,575,000 | -6.0% | $482 / Sq Ft | |
| 04/14/2023 04/14/23 | For Sale | $1,675,000 | +199.1% | $513 / Sq Ft | |
| 10/16/2012 10/16/12 | Sold | $560,000 | -16.4% | $172 / Sq Ft | View Prior Sale |
| 08/31/2012 08/31/12 | Pending | -- | -- | -- | |
| 03/01/2012 03/01/12 | For Sale | $669,900 | -- | $205 / 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 | $20,798 | $1,565,700 | $1,020,000 | $545,700 |
| 2024 | $19,898 | $1,535,000 | $1,000,000 | $535,000 |
| 2023 | $14,716 | $1,115,261 | $768,192 | $347,069 |
| 2022 | $13,816 | $1,093,394 | $753,130 | $340,264 |
| 2021 | $13,536 | $1,071,956 | $738,363 | $333,593 |
| 2019 | $13,141 | $1,023,517 | $716,463 | $307,054 |
| 2018 | $12,772 | $1,003,449 | $702,415 | $301,034 |
| 2016 | $11,746 | $964,487 | $675,141 | $289,346 |
| 2015 | $7,042 | $573,780 | $399,597 | $174,183 |
| 2014 | -- | $562,541 | $391,770 | $170,771 |
Source: Public Records
Agents Affiliated with this Home
-
Jamee Lindberg
Seller's Agent in 2023
Jamee Lindberg
RE/MAX
(562) 881-3811
3 in this area
68 Total Sales
-
J
Seller Co-Listing Agent in 2023
John Lindberg
RE/MAX
-
Mary Ryan
M
Buyer's Agent in 2023
Mary Ryan
Pacific Sotheby's Int'l Realty
(310) 713-4860
2 in this area
24 Total Sales
-
Sean Stanfield
Buyer Co-Listing Agent in 2023
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
2 in this area
498 Total Sales
-
J
Seller's Agent in 2012
Joe Hernandez
RE/MAX
-
W
Buyer's Agent in 2012
William Smith
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23062727
APN: 7241-003-016
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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