NOT LISTED FOR SALE

Estimated Value: $1,466,270 - $1,664,000

9 Beds
1 Bath
545 Sq Ft
$2,872/Sq Ft Est. Value

Highlights

  • All Bedrooms Downstairs
  • Dual Staircase
  • Living Room with Attached Deck
  • Long Beach Polytechnic High School Rated A
  • Spanish Architecture
  • No HOA

About This Home

As of December 2021

425 Olive Ave Apt "B" Large studio apartment with a parking space. Carpet in bed/living area, Tile flooring in the kitchen & bathroom. Very Large private open Patio off the living room. Two entrances, one from the Patio & court yard. The other is from the parking space/ Alley. Available Now. There was a natural death inside the unit.

Last Agent to Rent the Property

Mike Norton

Seven Gables Real Estate License #00975141 Listed on: 12/05/2021

Seven Gables Real Estate

Last Renter's Agent

Mike Norton

Seven Gables Real Estate License #00975141 Listed on: 12/05/2021

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,605

Year Built

  • Built in 1929

Lot Details

  • 545 Sq Ft Lot
  • No Common Walls

Home Design

  • Spanish Architecture
  • Studio
  • Flat Roof Shape
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 545 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Living Room with Attached Deck
  • Courtyard Views

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Range Hood
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Stone Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Security Deposit $1,395
  • Rent includes gardener, sewer, water
  • 12-Month Minimum Lease Term
  • Available 12/8/21
  • Tax Lot 777
  • Tax Tract Number 777

Community Details

Overview

  • No Home Owners Association
  • Downtown Subdivision

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,605

Year Built

Built in 1929

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-12-08
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 1395
  • Furnished: Unfurnished
  • Total Move In Costs: 2845.00

Listing Details

  • Structure Type: Multi Family
  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Architectural Style: Spanish
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 545.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Ceiling Fan(s), Copper Plumbing Full, Living Room Deck Attached, Tile Counters
  • Stories: 2
  • Entry Location: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Area, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.66
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Double Pane Windows, Screens
  • Bathroom Features: Shower, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Deck, Stone
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Off Street
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range, Range Hood, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Park, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 545.00
  • Lot Size Acres: 0.0125

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 545.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Sewer, Water

Tax Info

  • Tax Lot: 777
  • Tax Tract Number: 777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2019
Sold by
Norton Mikle W
Bought by
Norton Mikle Wayne and Mikle Wayne Norton Revocable T
Current Estimated Value
$1,563,054

Purchase Details

Closed on
Oct 29, 2002
Sold by
Mukasa Bennon K and Kirya Sarah
Bought by
Norton Mikle W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.03%
Mortgage Type
Commercial
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
Norton Mikle Wayne -- Accommodation
Norton Mikle W $475,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton Mikle W $185,000
Closed Norton Mikle W $108,000
Previous Owner Norton Mikle W $360,000
Previous Owner Mukasa Benon K $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Rented $1,450 0.0% --
12/05/2021 12/05/21 For Rent $1,450 -- --
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 $9,605 $692,628 $373,661 $318,967
2024 $9,605 $679,048 $366,335 $312,713
2023 $9,440 $665,734 $359,152 $306,582
2022 $8,885 $652,681 $352,110 $300,571
2021 $8,678 $639,884 $345,206 $294,678
2020 $8,653 $633,324 $341,667 $291,657
2019 $8,554 $620,907 $334,968 $285,939
2018 $8,264 $608,733 $328,400 $280,333
2016 $7,582 $585,098 $315,649 $269,449
2015 $7,291 $576,310 $310,908 $265,402
2014 $7,262 $565,022 $304,818 $260,204
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21259775

California Regional Multiple Listing Service (CRMLS)

APN: 7281-006-026