NOT LISTED FOR SALE

4445 E 4th St Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,790,000 - $2,167,000

7 Beds
5 Baths
3,769 Sq Ft
$520/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $1,497,500 $397 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,278/month

5 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Fremont Elementary School Rated A
  • No HOA
  • Laundry Room

About This Home

As of November 2020

Amazing opportunity to own a fully occupied classic Spanish-style 4-plex in desirable Belmont Heights. Owners have taken great care of this investment property, newer back deck, brand new awnings being installed on Sept 19th, artificial turf, newer quartz counter tops in several of the units, and TONS of parking! 3 of the 4 units have been updated cosmetically. Hardwood floors in all 4 units. Plumbing and electrical have been partially upgraded. 11 car parking consists of: 5 car garage + 2 uncovered spots on apron and 4 car tandem in long drive way. 2 of the units have window AC units. Fantastic mix: One 3 bed 2 bath unit, two 1 bedroom/1 bath units, and one 2 bedroom/1 bath unit. Upstairs and back unit have washer and dryer. Buyer to verify all rents & projections. Location is excellent: just blocks away from Red Car Greenbelt, Colorado Lagoon Aquatic Park, 1.6 miles to Rosie's Dog Beach, and conveniently located near shops and restaurants. Sqft is based off of tax records. Information is deemed reliable, however, buyer is encouraged to verify all info to their full satisfaction.

Last Agent to Sell the Property

Taya DiCarlo

Compass License #01751317 Listed on: 09/15/2020

Compass

Last Buyer's Agent

Georgia Ferrigno

Keller Williams Realty License #01747901

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,652

Year Built

  • Built in 1923

Lot Details

  • 6,733 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 5 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Tandem Uncovered Parking
  • Driveway
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,769 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, sewer, trash collection
  • Tax Lot 1
  • Tax Tract Number 5776
  • Assessor Parcel Number 7250001013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $15,468
  • Operating Expense $26,066
  • Gross Income $96,540
  • Net Operating Income $69,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,652

Year Built

Built in 1923

Lot Details

0

Parking

5

Listing Details

  • CapRate: 5.06
  • Property Attached: Yes
  • Zoning: LBR3T
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7250001013
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 397.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage, On Site, Tandem Uncovered, Uncovered
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 6.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6733.00
  • Lot Size Acres: 0.1546

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Gross Income: 96540.00
  • Gross Multiplier: 14.24
  • Gross Scheduled Income: 96540.00
  • Lot Size Area: 6733.0000 Square Feet
  • Net Operating Income: 69509.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 2
  • Number With Patio: 1
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 26066.00
  • Operating Expense Percent: 27.00
  • Other Expense Description: misc
  • Other Income Description: 1800 parking, see remarks.
  • Rent Control: Yes
  • Total Actual Rent: 7895.00
  • Total Expenses: 26066.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 15468.00
  • Tax Census Tract: 5776.03
  • Tax Lot: 1
  • Tax Tract Number: 5776

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2024
Sold by
Zankich Louis Frank and Zankich Stephanie
Bought by
Frank And Stephanie Zankich 2024 Revocable Tr and Zankich
Current Estimated Value
$1,911,448

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 16, 2020
Sold by
Newton Keith C
Bought by
Zankich Louis Frank and Zankich Stephanie
Seller's Agent
Taya DiCarlo
Compass
Buyer's Agent
Georgia Ferrigno
Keller Williams Realty
List Price
$1,375,000
Sold Price
$1,497,500
Premium/Discount to List
$122,500
8.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$898,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2017
Sold by
Newton Keith C and Space Jacqueline
Bought by
Newton Keith C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,500
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2005
Sold by
Molina John C
Bought by
Newton Keith C and Newton Jackie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Molina Michelle A
Bought by
Molina John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2004
Sold by
Levy Daniel J and Levy Sandra M
Bought by
Molina John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2003
Sold by
Cigliano August and Kemmer Sharon L
Bought by
Manning Levy Daniel J and Manning Levy Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2002
Sold by
Cigliano August and Kemmer Sharon L
Bought by
Cigliano August and Kemmer Sharon L

Purchase Details

Closed on
Apr 18, 2002
Sold by
Bramble Larry M and Bramble Karen
Bought by
Cigliano August and Kemmer Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,300
Interest Rate
6.74%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Frank And Stephanie Zankich 2024 Revocable Tr -- None Listed On Document
Frank And Stephanie Zankich 2024 Revocable Tr -- None Listed On Document
Zankich Louis Frank $1,497,500 First American Title
Newton Keith C -- Service Link
Newton Keith C -- Servicelink
Newton Keith C $1,275,000 Security Union Title
Molina John C -- Natc
Molina John C $1,200,000 Natc
Manning Levy Daniel J $819,000 Natc
Cigliano August -- --
Cigliano August -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zankich Louis Frank $898,500
Previous Owner Newton Keith C $808,500
Previous Owner Newton Keith C $1,000,000
Previous Owner Molina John C $857,500
Previous Owner Manning Levy Daniel J $600,000
Previous Owner Cigliano August $295,300
Closed Manning Levy Daniel J $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $1,497,500 +8.9% $397 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $1,375,000 -- $365 / 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 $20,652 $1,620,940 $1,049,958 $570,982
2024 $20,652 $1,589,158 $1,029,371 $559,787
2023 $20,308 $1,557,999 $1,009,188 $548,811
2022 $19,059 $1,527,450 $989,400 $538,050
2021 $18,683 $1,497,500 $970,000 $527,500
2020 $21,294 $1,625,054 $701,003 $924,051
2019 $20,531 $1,500,000 $889,700 $610,300
2018 $16,718 $1,250,000 $741,400 $508,600
2016 $14,705 $1,140,000 $676,200 $463,800
2015 $11,794 $915,000 $542,700 $372,300
2014 $11,352 $865,000 $513,000 $352,000
Source: Public Records

Agents Affiliated with this Home

  • Taya DiCarlo

    Seller's Agent in 2020

    Taya DiCarlo

    Compass

    (310) 431-8251

    1 in this area

    57 Total Sales

    Section Image
  • Georgia Ferrigno

    Buyer's Agent in 2020

    Georgia Ferrigno

    Keller Williams Realty

    (310) 251-9483

    1 in this area

    20 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20187143

California Regional Multiple Listing Service (CRMLS)

APN: 7250-001-013

California Los Angeles County Long Beach 90814 Belmont Heights

4445 E 4th St, Long Beach, CA

This home is located at 4445 E 4th St, Long Beach, CA 90814 since 15 September 2020 and is currently estimated at $1,958,796, approximately $519 per square foot. This property was built in 1923. 4445 E 4th 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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