Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
121 Total Sales
1 in Belmont Heights
$1,355,000 Price
437 Newport Ave Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,812,000 - $2,157,000
9
Beds
7
Baths
4,605
Sq Ft
$423/Sq Ft
Est. Value
Highlights
- City Lights View
- Property is near park and public transit
- Fireplace
- Wilson High School Rated A
- Double Door Entry
- Living Room
About This Home
As of January 2021Excellent opportunity to own a 4-plex apartment building (statewide) in the heart of Long Beach, CA. Close to Long Beach State University, 10 minutes to the beach, minutes away to the Veteran's hospital, and close to freeways. A great value complex. Unit 1 offers appox 1800 sqft., 3 Bed/2 Bath, fireplace, and 2 car detached garage. Unit 2 offers 1100 sqft., 2 Bed/ 1 Bath, and 1 car detached garage. Unit 3 offers 1395 sqft., 2 Bed/ 1.5 Bath, and 1 car detached garage. Unit 4 offers 1395 sqft., 2 Bed/1.5 Bath, and 1 car detached garage. See current rent schedules. Tenant paid community laundry. Tenant pays own electric and water. Trash and sewer is added onto tenant's rent. All electric units, no gas. Wall heaters, some ceiling fans, and roof Is in good condition. Please follow all guidelines pertaining to COVID-19 regulations.
Last Agent to Sell the Property
First Team Real Estate License #01152416 Listed on: 09/29/2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,507
Year Built
- Built in 1971
Lot Details
- 6,750 Sq Ft Lot
- No Common Walls
- Wood Fence
- Block Wall Fence
- Fence is in average condition
- Landscaped
- Paved or Partially Paved Lot
- Level Lot
- Corners Of The Lot Have Been Marked
- Front and Back Yard Sprinklers
Parking
- 4 Car Garage
- Parking Storage or Cabinetry
- Parking Available
- Assigned Parking
Property Views
- City Lights
- Neighborhood
Home Design
- Quadruplex
- Slab Foundation
- Fire Rated Drywall
- Shingle Roof
- Composition Roof
- Pre-Cast Concrete Construction
- Plaster
Interior Spaces
- 4,605 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Fireplace
- Blinds
- Window Screens
- Double Door Entry
- Sliding Doors
- Living Room
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Electric Cooktop
- Dishwasher
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling Available
- Wall Furnace
- Electric Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Doors swing in
- Property is near park and public transit
Listing and Financial Details
- Tenant pays for all utilities, electricity, telephone
- Tax Lot 16
- Tax Tract Number 5500
- Assessor Parcel Number 7257002017
Community Details
Overview
- 4 Units
- Belmont Park Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $2,034
- Trash Expense $1,250
- Water Sewer Expense $2,200
- New Taxes Expense $6,276
- Operating Expense $12,480
- Gross Income $87,132
- Net Operating Income $74,652
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
Closed on
Jul 17, 1997
Sold by
Edwards H B Tr H B Edwards Trust
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.44%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Belmont Heights, CA
-
Mike Dunfee
-
RJ Burke
RJ Burke
Keller Williams Realty
(949) 867-6993
19 Total Sales
1 in Belmont Heights
$615,000 Price
-
Shaun Hurley
Shaun Hurley
Responds QuicklyColdwell Banker Realty
(949) 694-7557
59 Total Sales
1 in Belmont Heights
$480,000 Price
-
Antonio Martinez
Antonio Martinez
Keller Williams Pacific Estates
(424) 379-0120
39 Total Sales
1 in Belmont Heights
$420,000 Price
-
Bill Caiazzo
Bill Caiazzo
Responds QuicklyHomeSmart, Evergreen Realty
(657) 255-8637
109 Total Sales
3 in Belmont Heights
$650K - $1.2M Price Range
-
Erin Barry
Erin Barry
Seven Gables Real Estate
(424) 688-7302
26 Total Sales
2 in Belmont Heights
$604K - $950K Price Range
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 |
|---|---|---|---|
| $310,000 | Commonwealth Land Title Co |
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 |
|---|---|---|---|
| Previous Owner | $248,000 |
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 |
|---|---|---|---|---|
| 01/04/2021 01/04/21 | Sold | $1,570,000 | -1.8% | $341 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 11/11/2020 11/11/20 | For Sale | $1,599,000 | 0.0% | $347 / Sq Ft |
| 10/29/2020 10/29/20 | Pending | -- | -- | -- |
| 10/23/2020 10/23/20 | For Sale | $1,599,000 | 0.0% | $347 / Sq Ft |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- |
| 09/29/2020 09/29/20 | For Sale | $1,599,000 | +1.8% | $347 / Sq Ft |
| 09/29/2020 09/29/20 | Off Market | $1,570,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2026 | $22,679 | $1,733,404 | $1,104,080 | $629,324 |
| 2025 | $22,679 | $1,699,417 | $1,082,432 | $616,985 |
| 2024 | $21,687 | $1,666,096 | $1,061,208 | $604,888 |
| 2023 | $21,327 | $1,633,428 | $1,040,400 | $593,028 |
| 2022 | $20,018 | $1,601,400 | $1,020,000 | $581,400 |
| 2021 | $6,365 | $457,281 | $199,137 | $258,144 |
| 2020 | $6,347 | $452,594 | $197,096 | $255,498 |
| 2019 | $6,276 | $443,721 | $193,232 | $250,489 |
| 2018 | $6,008 | $435,022 | $189,444 | $245,578 |
| 2016 | $5,508 | $418,132 | $182,089 | $236,043 |
| 2015 | $5,299 | $411,852 | $179,354 | $232,498 |
| 2014 | $5,282 | $403,785 | $175,841 | $227,944 |
Source: Public Records
Agents Affiliated with this Home
-
Serina Ortiz-Tomlinson
Seller's Agent in 2021
Serina Ortiz-Tomlinson
First Team Real Estate
(951) 805-1115
117 Total Sales
-
Rhea Bai
Buyer's Agent in 2021
Rhea Bai
RE/MAX
(626) 589-7958
120 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW20201326
APN: 7257-002-017
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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