NOT LISTED FOR SALE

4229 E Massachusetts St Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,380,000 - $1,776,000

4 Beds
3 Baths
2,282 Sq Ft
$718/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $860,000 $377 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $10,028/month

7 Days on Market

Highlights

  • Marina
  • Fremont Elementary School Rated A
  • No Units Above

About This Home

As of July 2014

Huge Lot 8,466 sf lot. This triplex is tucked away on a quiet low traveled one of the nicest streets in Belmont Heights very close to Belmont Shore. There are two-1 bedroom 1 bath units and one-2 bedroom 1 bath unit. Two units located in front and one unit is located in back over 3 garages. Both of the front units have copper re-piping and forced air heating. The front 2 bedroom 1 bath unit approx 964 sq ft has a large living room dining room with a remodeled kitchen. The front 1 bedroom 1 bath unit approx 732 sq ft has hardwood floors a nice living room and dining room, a delightful kitchen with custom tile and newer cabinetry. A large bedroom with a large walk in closet. The lovely back 1 bedroom 1 bath unit approx 576 sq ft over the 3 garages has a quaint tree level view, balcony, and a darling kitchen with a breakfast nook.The living room has a mock fireplace. The huge 8,466 sf lot allows for separate outdoor space for the individual units. Community laundry is adjacent to the 3 garages. Newer sprinkler system, plus tons of charm in all 3 units! Individual units square footage floor plan diagram is located in the Supplements area of the MLS for viewing.

Last Agent to Sell the Property

Linda Cottone

eXp Realty of California, Inc. License #01315671 Listed on: 05/19/2014

eXp Realty of California, Inc.

Last Buyer's Agent

Charles Lucas

Charles Lucas Realty License #00986614

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,261

Year Built

  • Built in 1929

Lot Details

  • 8,466 Sq Ft Lot
  • No Units Above
  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,282 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 7255034011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Marina

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $4,450
  • Net Operating Income $53,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,261

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Property Type: Residential Income
  • Parcel Number: 7255034011
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, End Unit, No One Above, No One Below
  • Price Per Square Foot: 376.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8466.00
  • Lot Size Acres: 0.1940

Multi Family

  • Gross Income: 4450.00
  • Gross Scheduled Income: 53400.00
  • Lot Size Area: 8466.0000 Square Feet
  • Net Operating Income: 53400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 4450.00
  • Waterfront Features: Marina in Community

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 796A7
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Lucas Charles
Bought by
Three Gardens Llc
Current Estimated Value
$1,637,765

Purchase Details

Listed on
May 19, 2014
Closed on
May 30, 2014
Sold by
Shaw George and Shaw Diane
Bought by
Lucas Charles
Seller's Agent
Linda Cottone
eXp Realty of California, Inc.
Buyer's Agent
Charles Lucas
Charles Lucas Realty
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$360,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2010
Sold by
Shaw Jocelyn M
Bought by
Shaw George and Shaw Diane

Purchase Details

Closed on
Aug 3, 2004
Sold by
Thompson James A and Thompson Lisa C
Bought by
Shaw George and Shaw Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2001
Sold by
Leto James R and Leto Diane E
Bought by
Thompson James A and Thompson Lisa C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.89%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Three Gardens Llc -- --
Three Gardens Llc -- --
Lucas Charles $860,000 Progressive
Shaw George -- Accommodation
Shaw George $885,000 North American Title
Thompson James A $378,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucas Charles $344,034
Previous Owner Lucas Charles $337,000
Previous Owner Lucas Charles $360,000
Previous Owner Shaw George $552,500
Previous Owner Shaw Jocelyn M $650,000
Previous Owner Shaw George $650,000
Previous Owner Thompson James A $100,000
Previous Owner Thompson James A $360,000
Previous Owner Thompson James A $302,400
Closed Thompson James A $56,700
Closed Shaw George $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2014 07/10/14 Sold $860,000 -4.3% $377 / Sq Ft
05/26/2014 05/26/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $899,000 -- $394 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $13,261 $1,033,583 $721,106 $312,477
2024 $13,261 $1,013,317 $706,967 $306,350
2023 $13,038 $993,449 $693,105 $300,344
2022 $12,240 $973,970 $679,515 $294,455
2021 $11,998 $954,874 $666,192 $288,682
2020 $11,968 $945,084 $659,362 $285,722
2019 $11,828 $926,554 $646,434 $280,120
2018 $11,488 $908,387 $633,759 $274,628
2016 $10,572 $873,115 $609,150 $263,965
2015 $10,146 $860,000 $600,000 $260,000
2014 $10,042 $840,000 $550,500 $289,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Cottone

    Seller's Agent in 2014

    Linda Cottone

    eXp Realty of California, Inc.

    (310) 781-0781

    66 Total Sales

    Linda Cottone
    Section Image

  • C

    Buyer's Agent in 2014

    Charles Lucas

    Charles Lucas Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14104041

California Regional Multiple Listing Service (CRMLS)

APN: 7255-034-011

California Los Angeles County Long Beach 90814 Belmont Heights

4229 E Massachusetts St, Long Beach, CA

This home is located at 4229 E Massachusetts St, Long Beach, CA 90814 since 19 May 2014 and is currently estimated at $1,637,765, approximately $717 per square foot. This property was built in 1929. 4229 E Massachusetts St is a home located in Los Angeles County with nearby schools including Fremont Elementary School, Rogers Middle School, and Woodrow Wilson High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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