Seller's Agent in 2024
Larry Boren
LB Brokerage, Inc
(562) 900-3888
1 in this area
9 Total Sales
4321 E 5th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,773,000 - $1,973,000
10
Beds
8
Baths
5,450
Sq Ft
$346/Sq Ft
Est. Value
Highlights
- Dual Staircase
- Fireplace in Bathroom
- Lawn
- Fremont Elementary School Rated A
- Contemporary Architecture
- Ceramic Countertops
About This Home
As of October 2024Beautiful tree lined Belmont Heights street fourplex includes two large 3 bedroom 2 bathroom apartments, one 2 bedroom 2 bathroom apartment, and one 2 bedroom 1.5 bathroom apartment. This well-managed property is fully occupied with long term tenants. All tenants pay their own electricity. Each unit has assigned garage (4 garages in rear). Tenants also have use of parking pad in the rear with alley access . Two story 1969 built all electric fourplex building with modern features on quiet street. Long Term owner wants to sell
Last Agent to Sell the Property
LB Brokerage, Inc Brokerage Phone: 562-900-3888 License #00605203 Listed on: 08/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,000
Year Built
- Built in 1969
Lot Details
- 6,197 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Rectangular Lot
- Level Lot
- Lawn
Parking
- 4 Car Garage
Home Design
- Contemporary Architecture
- Apartment
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 5,450 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Ceiling Fan
- Living Room with Fireplace
Kitchen
- Range Hood
- Ceramic Countertops
- Fireplace in Kitchen
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
- Fireplace in Bathroom
Outdoor Features
- Exterior Lighting
Utilities
- Radiant Heating System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 10 / A
- Tax Tract Number 10
- Assessor Parcel Number 7255038026
- $1,035 per year additional tax assessments
Community Details
Overview
- 4 Units
- Belmont Heights Subdivision
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $540
- Gardener Expense $1,200
- Insurance Expense $6,000
- Maintenance Expense $4,000
- Pest Control $576
- Professional Management Expense $6,197
- Trash Expense $265
- Water Sewer Expense $2,725
- Operating Expense $21,752
- Gross Income $110,340
- Net Operating Income $88,588
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2024
Closed on
Sep 26, 2024
Sold by
Xiaodong Li Peltier Living Trust and Peltier Xiaodong Li
Bought by
Brian Biggers Revocable Trust and Biggers
Seller's Agent
Larry Boren
LB Brokerage, Inc
List Price
$1,799,000
Sold Price
$1,825,000
Premium/Discount to List
$26,000
1.45%
Views
21
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
$58,705
Avg. Annual Appreciation
2.67%
Purchase Details
Closed on
Jun 4, 2005
Sold by
Ho Siu Lung
Bought by
Peltier Xiadong Li
Purchase Details
Closed on
Jun 9, 2003
Sold by
Webb Martha and The Richard Lawrence Peltier F
Bought by
Peltier Xiaodong Li
Purchase Details
Closed on
Jan 7, 2002
Sold by
Peltier Lawrence R
Bought by
Peltier Lawrence R
Purchase Details
Closed on
Mar 8, 1995
Sold by
Lenning Lyle R and Lenning Eunice L
Bought by
Sjelin Carl G and Sjelin Alta W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Brian Biggers Revocable Trust | $1,825,000 | Ticor Title Company Of Califor | |
| Peltier Xiadong Li | -- | -- | |
| Peltier Xiaodong Li | -- | -- | |
| Peltier Lawrence R | -- | Lawyers Title Company | |
| Sjelin Carl G | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2024 10/03/24 | Sold | $1,825,000 | +1.4% | $335 / Sq Ft |
| 09/18/2024 09/18/24 | Pending | -- | -- | -- |
| 08/23/2024 08/23/24 | For Sale | $1,799,000 | -- | $330 / 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 | $12,193 | $1,825,000 | $1,000,000 | $825,000 |
| 2024 | $12,193 | $897,947 | $434,492 | $463,455 |
| 2023 | $11,989 | $880,341 | $425,973 | $454,368 |
| 2022 | $11,270 | $863,080 | $417,621 | $445,459 |
| 2021 | $11,023 | $846,158 | $409,433 | $436,725 |
| 2020 | $10,992 | $837,482 | $405,235 | $432,247 |
| 2019 | $10,866 | $821,062 | $397,290 | $423,772 |
| 2018 | $10,518 | $804,963 | $389,500 | $415,463 |
| 2016 | $9,651 | $773,707 | $374,376 | $399,331 |
| 2015 | $9,271 | $762,086 | $368,753 | $393,333 |
| 2014 | $9,217 | $747,159 | $361,530 | $385,629 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Boren
-
Denise Reesha
Buyer Co-Listing Agent in 2024
Denise Reesha
Keller Williams Pacific Estates
(562) 301-9538
3 in this area
57 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24169208
APN: 7255-038-026
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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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