Seller's Agent in 2024
Loree Scarborough
Compass
(562) 225-0511
7 in this area
77 Total Sales
4218 E Shaw St Long Beach, CA 90803
Belmont Heights NeighborhoodEstimated Value: $1,162,837 - $1,324,000
2
Beds
3
Baths
1,490
Sq Ft
$809/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- Spanish Architecture
- Private Yard
- Fremont Elementary School Rated A
- Granite Countertops
- No HOA
About This Home
As of October 2024Exceptional Duplex in Belmont Heights – Just Blocks from the Ocean! Seize this amazing opportunity to own this versatile income property, nestled in the heart of Belmont Heights, just moments from the beach and a short stroll to the lively shops and dining on Broadway and 2nd Street. This well-maintained duplex offers incredible potential with two distinct units plus an unpermitted auxiliary unit. Upstairs, a recently remodeled 1 bedroom 1 full bath unit boasting a modern, open floor plan with fresh flooring throughout. The newly upgraded kitchen features a stylish center island, sleek granite countertops, and premium stainless steel appliances, perfect for cooking and entertaining. The spacious bedroom includes two closets, one of which is a generous walk-in. Step out onto your private balcony to enjoy coastal breezes. Downstairs, a comfortable and inviting living space that’s been thoughtfully maintained, offering 1 bedroom, a 3⁄4 bathroom, privacy and ease of living. Bonus Space at the rear of the property, you'll find an unpermitted multi-purpose unit, offering flexibility with a private entrance, new flooring and a remodeled 3⁄4 bath—ideal for guests, a home office, or additional rental income potential. The units share access to a convenient laundry room. A one-car garage adds further utility and storage. An inviting private side yard is perfect for outdoor entertaining or relaxing. Don’t miss this versatile opportunity for both homeowners and income potential combined with the charm of one of Long Beach’s most sought-after neighborhoods.
Last Agent to Sell the Property
Compass Brokerage Phone: 562-225-0511 License #01257913 Listed on: 09/16/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 2,036 Sq Ft Lot
- No Common Walls
- Vinyl Fence
- Wood Fence
- Landscaped
- Private Yard
- Lawn
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
- Parking Available
Home Design
- Duplex
- Spanish Architecture
- Entry on the 1st floor
- Flat Roof Shape
- Spanish Tile Roof
Interior Spaces
- 1,490 Sq Ft Home
- 2-Story Property
- Built-In Features
- Ceiling Fan
- Recessed Lighting
- Plantation Shutters
- Window Screens
- Sliding Doors
- Living Room
- Laminate Flooring
- Neighborhood Views
- Laundry Room
Kitchen
- Built-In Range
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 3 Bathrooms
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity
- Legal Lot and Block 1 / 31
- Tax Tract Number 577
- Assessor Parcel Number 7256015014
- $401 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
- Belmont Heights Subdivision
Recreation
- Dog Park
- Bike Trail
Building Details
- 1 Separate Electric Meter
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $1,750
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2024
Closed on
Oct 10, 2024
Sold by
Tavlin Deborah
Bought by
Lee Paul Dong Lim and Jin-Lee Heejoo
Seller's Agent
Loree Scarborough
Compass
Buyer's Agent
Kenneth Park
Newline Realty
List Price
$1,075,000
Sold Price
$1,125,000
Premium/Discount to List
$50,000
4.65%
Views
22
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
$80,459
Avg. Annual Appreciation
6.14%
Original Mortgage
$725,000
Outstanding Balance
$716,995
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$488,464
Purchase Details
Closed on
Oct 18, 2016
Sold by
The Linda Bucknam 2009 Trust
Bought by
Tavlin Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.47%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 20, 2009
Sold by
Bucknam Linda L
Bought by
Bucknam Linda and The Linda Bucknam 2009 Trust
Purchase Details
Closed on
Oct 20, 2009
Sold by
Bucknam Linda L
Bought by
Bucknam Linda and The Linda Bucknam 2009 Trust
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 |
|---|---|---|---|
| Lee Paul Dong Lim | $1,125,000 | Fidelity National Title | |
| Tavlin Deborah | $720,000 | Lawyers Title | |
| Bucknam Linda | -- | None Available | |
| Bucknam Linda | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Paul Dong Lim | $725,000 | |
| Previous Owner | Tavlin Deborah | $540,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2024 10/30/24 | Sold | $1,125,000 | +4.7% | $755 / Sq Ft |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- |
| 09/16/2024 09/16/24 | For Sale | $1,075,000 | -- | $721 / 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 |
|---|---|---|---|---|
| 2025 | $10,572 | $1,125,000 | $750,000 | $375,000 |
| 2024 | $10,572 | $819,233 | $659,938 | $159,295 |
| 2023 | $10,394 | $803,171 | $646,999 | $156,172 |
| 2022 | $9,752 | $787,423 | $634,313 | $153,110 |
| 2021 | $9,561 | $771,984 | $621,876 | $150,108 |
| 2019 | $9,424 | $749,088 | $603,432 | $145,656 |
| 2018 | $9,183 | $734,400 | $591,600 | $142,800 |
| 2016 | $943 | $56,697 | $31,870 | $24,827 |
| 2015 | $913 | $55,847 | $31,392 | $24,455 |
| 2014 | $918 | $54,754 | $30,778 | $23,976 |
Source: Public Records
Agents Affiliated with this Home
-
Loree Scarborough
-
Kenneth Park
Buyer's Agent in 2024
Kenneth Park
Newline Realty
(310) 773-6873
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24191989
APN: 7256-015-014
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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