NOT LISTED FOR SALE

47 Bay Shore Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $2,215,000 - $2,563,000

5 Beds
6 Baths
2,773 Sq Ft
$885/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $1,850,000 $667 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $15,415/month

18 Days on Market

About This Home

As of October 2018

Prime waterfront apartment building on Alamitos Bay. This 5 unit building consists of (1) 3-bedroom/2-bath, (2) 1 bedroom/1-bath, (2) Studios. There are 4-single car garages. The building square footage is 2,773 sq. ft. and the lot size is 2,387 sq. ft. The building was built in 1965. Please contact listing agent for other important information.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 09/14/2018

Last Buyer's Agent

Spencer Pabst

Pabst, Kinney & Associates License #01849377

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,736

Year Built

  • Built in 1965

Lot Details

  • 2,388 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Parking

  • 4 Car Garage

Home Design

  • 2,773 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 3751
  • Assessor Parcel Number 7245009017

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $8,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,736

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Shore (BSD)
  • Zoning: LBR2S
  • Property Type: Residential Income
  • Parcel Number: 7245009017
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 667.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 2388.00

Multi Family

  • Gross Income: 8892.00
  • Gross Scheduled Income: 106704.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5773.00
  • Tax Lot: 20
  • Tax Tract Number: 3751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 3, 2018
Sold by
Lyons Judy and 2000 Dean R Tolzman Revocable
Bought by
2117 Ob Llc
Seller's Agent
Kristie Pabst
Pabst, Kinney & Associates
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$1,997,500
Sold Price
$1,850,000
Premium/Discount to List
-$147,500
-7.38%
Current Estimated Value
$2,454,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,456
Avg. Annual Appreciation
3.88%
Original Mortgage
$1,650,000
Outstanding Balance
$1,447,789
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$955,598

Purchase Details

Closed on
Oct 31, 2000
Sold by
Tolzman Dean
Bought by
Tolzman Dean R and 2000 Dean R Tolzman Revocable Trust

Purchase Details

Closed on
Apr 14, 1999
Sold by
Hehr International Inc
Bought by
Tolzman Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.87%

Purchase Details

Closed on
Apr 7, 1995
Sold by
Antista Vincent Lawrence and Hehr International Inc
Bought by
Hehr International Inc

Purchase Details

Closed on
Oct 1, 1985
Sold by
Antista Ronnell F
Bought by
Antista Vincent Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,500
Interest Rate
7.25%
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
2117 Ob Llc $1,850,000 First American Title Company
Tolzman Dean R -- --
Tolzman Dean $600,000 Commonwealth Title
Hehr International Inc $337,478 --
Antista Vincent Lawrence -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2117 Ob Llc $1,650,000
Previous Owner Tolzman Dean $480,000
Previous Owner Antista Vincent Lawrence $303,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $1,850,000 -7.4% $667 / Sq Ft
09/14/2018 09/14/18 For Sale $1,997,500 -- $720 / 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 $25,736 $2,063,707 $1,394,398 $669,309
2024 $25,736 $2,023,243 $1,367,057 $656,186
2023 $25,308 $1,983,572 $1,340,252 $643,320
2022 $23,732 $1,944,679 $1,313,973 $630,706
2021 $23,279 $1,906,549 $1,288,209 $618,340
2019 $22,946 $1,850,240 $1,250,000 $600,240
2018 $10,487 $826,920 $578,680 $248,240
2016 $9,642 $794,581 $556,210 $238,371
2015 $9,254 $782,647 $547,856 $234,791
2014 $9,191 $767,317 $537,125 $230,192
Source: Public Records

Agents Affiliated with this Home

  • Kristie Pabst

    Seller's Agent in 2018

    Kristie Pabst

    Pabst, Kinney & Associates

    (562) 987-3244

    2 in this area

    33 Total Sales

    Kristie Pabst
    Section Image
  • Spencer Pabst

    Buyer's Agent in 2018

    Spencer Pabst

    Pabst, Kinney & Associates

    (562) 884-6875

    2 in this area

    56 Total Sales

    Spencer Pabst
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18224972

California Regional Multiple Listing Service (CRMLS)

APN: 7245-009-017

California Los Angeles County Long Beach 90803 Belmont Shore

47 Bay Shore Ave, Long Beach, CA

This home is located at 47 Bay Shore Ave, Long Beach, CA 90803 since 14 September 2018 and is currently estimated at $2,454,456, approximately $885 per square foot. This property was built in 1965. 47 Bay Shore Ave is a home located in Los Angeles County with nearby schools including Naples Bayside Academy, 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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