Seller's Agent in 2022
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
2 in this area
81 Total Sales
426 E 17th St Long Beach, CA 90813
Central Neighborhood
1
Bed
2
Baths
4,320
Sq Ft
7,425
Sq Ft Lot
Highlights
- Laundry Facilities
- Long Beach Polytechnic High School Rated A
- 5-minute walk to Pacific Coast Highway Station
About This Home
As of November 2022426 E. 17th Street is a value-add investment asset located in Long Beach with seven units plus one non-conforming unit. The courtyard-style property with gated entrance offers a unit mix consisting of (4) 1 BD/1 BA and (4) studios.There is onsite laundry and two garages on the property providing additional income. Utilities are separately metered with in place RUBS program. The property is conveniently located within walking distance to public transportation along Long Beach Boulevard, which runs to Downtown Long Beach, and nearby to PCH, providing easy access to the 710 freeway. 426 E. 17th Street presents a new buyer with the opportunity to increase existing below-market rents. There is additional value add potential in permitting the non-conforming unit, which already is separately metered for gas and electric.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 06/20/2022
Co-Listed By
John Alden
Alden Pacific Investments, Inc. License #02114291
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
- 7,425 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 2 Car Garage
Home Design
- 4,320 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 21
- Tax Tract Number 5753
- Assessor Parcel Number 7269022021
Community Details
Overview
- 3 Buildings
- 7 Units
- Wrigley Area Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $786
- Fuel Expense $786
- Gardener Expense $938
- Insurance Expense $3,320
- Maintenance Expense $4,400
- Other Expense $1,600
- Pest Control $370
- Professional Management Expense $6,617
- Trash Expense $786
- Water Sewer Expense $786
- New Taxes Expense $20,353
- Operating Expense $41,442
- Gross Income $132,332
- Net Operating Income $90,890
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
Jun 20, 2022
Closed on
Sep 12, 2022
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
John Alden
Alden Pacific Investments, Inc.
List Price
$1,750,000
Sold Price
$1,595,000
Premium/Discount to List
-$155,000
-8.86%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
0.067%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 4, 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
$864,500
Interest Rate
0.045%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 6, 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
$864,500
Interest Rate
0.045%
Mortgage Type
Construction
Purchase Details
Closed on
May 25, 2017
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
$640,000
Interest Rate
0.0397%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 29, 2016
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
$595,000
Interest Rate
0.0343%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Apr 21, 2004
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
$383,600
Interest Rate
0.0535%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 16, 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
$419,000
Interest Rate
0.0617%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 15, 1997
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 |
|---|---|---|---|
| $1,595,000 | Ticor Title | ||
| $1,349,000 | Ticor Title Company | ||
| -- | None Available | ||
| $1,050,000 | Ticor Title | ||
| $850,000 | Ticor Title Co La | ||
| $705,000 | Act | ||
| $559,000 | Stewart Title Company | ||
| -- | -- |
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 |
|---|---|---|---|
| Closed | $1,668,000 | ||
| Previous Owner | $1,430,000 | ||
| Previous Owner | $864,500 | ||
| Previous Owner | $20,000 | ||
| Previous Owner | $640,000 | ||
| Previous Owner | $595,000 | ||
| Previous Owner | $550,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $383,600 | ||
| Previous Owner | $22,000 | ||
| Previous Owner | $419,000 |
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 |
|---|---|---|---|---|
| 11/01/2022 11/01/22 | Sold | $1,595,000 | 0.0% | $369 / Sq Ft |
| 10/31/2022 10/31/22 | Pending | -- | -- | -- |
| 08/31/2022 08/31/22 | Price Changed | $1,595,000 | -5.9% | $369 / Sq Ft |
| 07/13/2022 07/13/22 | Price Changed | $1,695,000 | -3.1% | $392 / Sq Ft |
| 06/20/2022 06/20/22 | For Sale | $1,750,000 | -- | $405 / 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 | $22,810 | $1,659,438 | $936,360 | $723,078 |
| 2024 | $21,831 | $1,626,900 | $918,000 | $708,900 |
| 2023 | $20,410 | $1,595,000 | $900,000 | $695,000 |
| 2022 | $18,304 | $1,418,038 | $420,470 | $997,568 |
| 2021 | $17,925 | $1,390,234 | $412,226 | $978,008 |
| 2020 | $17,879 | $1,376,820 | $408,000 | $968,820 |
| 2019 | $17,669 | $1,349,840 | $400,000 | $949,840 |
| 2018 | $14,105 | $1,071,840 | $408,000 | $663,840 |
| 2016 | $10,872 | $846,728 | $338,689 | $508,039 |
| 2015 | $10,450 | $834,010 | $333,602 | $500,408 |
| 2014 | $10,404 | $817,674 | $327,068 | $490,606 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
J
Seller Co-Listing Agent in 2022
John Alden
Alden Pacific Investments, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22133767
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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