NOT LISTED FOR SALE

Estimated Value: $1,334,000 - $1,432,000

6 Beds
4 Baths
1,978 Sq Ft
$709/Sq Ft Est. Value

Last Sold February 04, 2025

Last sale price $1,399,999 $708 Per Sq Ft

Current estimated payment $9,201/month

4 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Laundry Room
  • Los Cerritos Elementary School Rated A
  • Ductless Heating Or Cooling System
  • Landscaped

About This Home

As of February 2025

Welcome to 4252 Pasadena Ave in the heart of Long Beach! This is more than just a home—it's a remarkable investment opportunity on a stunning tree-lined street. This flex property includes two full-sized homes on one lot: a fully remodeled 3-bedroom, 2-bath front house and a newly constructed 3-bedroom, 2-bath ADU in the rear, both offering a wealth of possibilities. The front house underwent an extensive remodel in 2022, including a beautifully designed master suite addition. Almost 70% of the property is brand new, adhering to the latest building codes with full permits, certifications, and energy-efficient features, ensuring peace of mind for years to come. Designed with flexibility and luxury in mind, the property offers endless possibilities: Live in the front home and use the back ADU as a full-size home office or additional rental unit. Rent one of the homes for passive income while enjoying the other yourself. Convert the spacious addition into a Junior ADU, perfect for additional rental income or extended family needs. The design and materials used are truly exceptional, inspired by the luxury of the ACE hotel. You’ll find herringbone ceramic flooring, custom graphic tile bathrooms, steel barn doors, powder-coated closet fixtures, and even an imported wood façade from Borneo. Every element is high-end, combining beauty with smart, functional design, such as dual-pane Low-E windows, PAID solar panels, and sustainable water management with LID water-conserving planters and permeable pavers. This property is an absolute gem for investors, young professionals, or families looking to create a home with both equity-building potential and versatile living arrangements. With separated gas and electric panels for easy accounting, and smart energy-saving measures throughout, the opportunities are endless. Whether you’re looking for a turnkey duplex, triplex, or simply a luxury home with rental potential, you won’t find another property like this. Don't miss out on this once-in-a-lifetime opportunity—schedule your tour today!

Last Agent to Sell the Property

Joshua Glaz

The Ave Brokerage Phone: 562-413-9399 License #01856858 Listed on: 01/03/2025

Last Buyer's Agent

Erik Chavez

eXp Realty of California Inc License #02064537

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,741

Year Built

  • Built in 1945

Lot Details

  • 5,203 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1N

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Slab Foundation

Interior Spaces

  • 1,978 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Ductless Heating Or Cooling System
  • Wall Furnace
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 271
  • Tax Tract Number 13130
  • Assessor Parcel Number 7134012022
  • $413 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Bixby Knolls Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,741

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Price Per Unit: 700000
  • Property Attached: No
  • Subdivision Name Other: Bixby Knolls (BK)
  • View: No
  • Zoning: LBR1N
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 7134012022
  • Year Built: 1945
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 707.79
  • Room Type: All Bedrooms Down, Family Room

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts
  • Heating Type: Ductless, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Walkstreet
  • Lot Size Sq Ft: 5203.00
  • Lot Size Acres: 0.1194

Multi Family

  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 12000.00
  • Lot Size Area: 5203.0000 Square Feet
  • Net Operating Income: 84000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 12000.00

Tax Info

  • Tax Census Tract: 5715.02
  • Tax Lot: 271
  • Tax Tract Number: 13130
  • TaxOtherAnnualAssessmentAmount: 413.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2025
Closed on
Jan 31, 2025
Sold by
4525 Pasadena Avenue Llc
Bought by
Bruning Jonathan and Lopez Marily
Seller's Agent
Joshua Glaz
The Ave
Buyer's Agent
Erik Chavez
eXp Realty of California Inc
List Price
$1,399,999
Sold Price
$1,399,999
Views
4459
Current Estimated Value
$1,402,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,639
Avg. Annual Appreciation
-0.04%
Original Mortgage
$1,119,200
Outstanding Balance
$1,113,302
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$286,402

Purchase Details

Closed on
May 3, 2023
Sold by
Bermejo Correyero Joseba
Bought by
4525 Pasadena Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2022
Closed on
Jul 12, 2022
Sold by
Paxten Amelia Miranda
Bought by
Correyero Joseba Bermejo
Seller's Agent
Joshua Glaz
The Ave
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,550,000
Sold Price
$1,600,000
Premium/Discount to List
$50,000
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.18%
Original Mortgage
$1,440,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2020
Sold by
Wong Monica J
Bought by
Amelia Miranda Paxten

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2002
Sold by
Peacock M Candy
Bought by
Wong Monica J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,265
Interest Rate
6.87%
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
Bruning Jonathan $1,399,000 Socal Title Company
4525 Pasadena Avenue Llc -- Accommodation/Courtesy Recordi
Correyero Joseba Bermejo $1,600,000 Pacific Coast Title
Amelia Miranda Paxten $637,000 Chicago Title Company
Wong Monica J $235,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruning Jonathan $1,119,200
Previous Owner Correyero Joseba Bermejo $1,240,000
Previous Owner Correyero Joseba Bertnejo $1,200,000
Previous Owner Correyero Joseba Bermejo $1,440,000
Previous Owner Amelia Miranda Paxten $593,750
Previous Owner Wong Monica J $358,872
Previous Owner Wong Monica J $350,427
Previous Owner Wong Monica J $176,000
Previous Owner Wong Monica J $20,000
Previous Owner Wong Monica J $233,000
Previous Owner Wong Monica J $200,000
Previous Owner Wong Monica J $25,000
Previous Owner Wong Monica J $211,265
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $1,399,999 0.0% $708 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
01/03/2025 01/03/25 For Sale $1,399,999 -12.5% $708 / Sq Ft
07/27/2022 07/27/22 Sold $1,600,000 +3.2% $825 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $1,550,000 +143.3% $799 / Sq Ft
11/23/2020 11/23/20 Sold $637,000 +10.0% $790 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $579,000 -- $718 / 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 $20,741 $1,664,640 $1,248,480 $416,160
2024 $20,741 $1,632,000 $1,224,000 $408,000
2023 $20,321 $1,600,000 $1,100,000 $500,000
2022 $8,127 $649,740 $519,792 $129,948
2021 $7,972 $637,000 $509,600 $127,400
2020 $4,075 $317,420 $253,941 $63,479
2019 $4,026 $311,197 $248,962 $62,235
2018 $3,855 $305,096 $244,081 $61,015
2016 $3,548 $293,251 $234,604 $58,647
2015 $3,406 $288,848 $231,081 $57,767
2014 $3,385 $283,191 $226,555 $56,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25001224

California Regional Multiple Listing Service (CRMLS)

APN: 7134-012-022