NOT LISTED FOR SALE

473 W 25th St Long Beach, CA 90806

South Wrigley Neighborhood

Estimated Value: $926,000 - $1,045,000

4 Beds
2 Baths
2,292 Sq Ft
$433/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $590,000 $257 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,931/month

3 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Bedroom
  • Attic
  • Wood Flooring
  • Spanish Architecture
  • No HOA

About This Home

As of August 2015

INVESTORS DREAM !!! 1936 Classic Spanish Style Duplex ; Renovated in 2003 ! QUIET STREET; Courtyard Entrance; Open Floor Plan ! Custom Lighting; Hardwood Floors; Arched Doorways; Shadowbox Ceilings; Large Casement Windows; Crown Molding ; Top Unit has 400 Sq. Foot Travertine Private Deck ! Oversize 2 Car Garage; with Remote; 50 Foot Driveway; Private Back Courtyard; Completely Landscaped. Includes 2 Large Stone Fountains !

Last Agent to Sell the Property

Patricia Manners

Patricia Manners, Broker License #01136391 Listed on: 08/23/2015

Last Buyer's Agent

Cameron Stearns

Compass License #01920602

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 3,049 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Property Attached
  • Flat Roof Shape
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Clay Roof
  • Lap Siding
  • Plaster

Interior Spaces

  • 2,292 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Drapes & Rods
  • Casement Windows
  • Window Screens
  • Living Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Free-Standing Range
  • Water Line To Refrigerator
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors are 32 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Floor Furnace
  • Overhead Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 24
  • Tax Tract Number 4
  • Assessor Parcel Number 7205001026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $35
  • Insurance Expense $60
  • Trash Expense $30
  • Water Sewer Expense $35
  • New Taxes Expense $560
  • Gross Income $3,500
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Wrigley Area (WR)
  • View: No
  • Water Sewer Expenses: 35.00
  • Well Report: No
  • Architectural Style: Mediterranean, Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 35.00
  • Parcel Number: 7205001026
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceramic Counters, Ceiling Fan(s), Crown Molding, Open Floorplan, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, Parking
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Price Per Square Foot: 257.42
  • Room Type: Attic, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Casement Windows, Drapes, Screens

Exterior Features

  • Foundation: Slab
  • Exterior Features: Satellite Dish
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Clay, Flat, Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Lap Siding, Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Water Heater, Refrigerator, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, In Kitchen, Inside, Washer Hookup
  • Trash Expense: 30.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Sewer, Trash
  • Community Features: Curbs, Gutters, Street Lights, Urban

Lot Info

  • Lot Features: Back Yard, 0-1 Unit/Acre, Landscaped, Sprinklers Timer, Sprinkler System, Utilities - Overhead
  • Lot Size Sq Ft: 3049.00
  • Price Per Lot Square Foot: 193.51
  • Lot Size Acres: 0.0700

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 1146
  • Gross Income: 3500.00
  • Gross Scheduled Income: 42000.00
  • Gross Spendable Income: 38400.00
  • Insurance Expense: 60.00
  • Lot Size Area: 3049.0000 Square Feet
  • Net Operating Income: 38400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Drapes: 22
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 560.00
  • Tax Lot: 24
  • Tax Rate: 1.15
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2019
Sold by
Heller Jacob and Heller Anna Levitt
Bought by
Heller Anna Levitt and Heller Jacob
Current Estimated Value
$992,312

Purchase Details

Listed on
Aug 23, 2015
Closed on
Jun 30, 2015
Sold by
Manners Patricia
Bought by
Heller Jacob and Heller Anna Levitt
Seller's Agent
Patricia Manners
Patricia Manners, Broker
Buyer's Agent
Cameron Stearns
Compass
List Price
$609,000
Sold Price
$590,000
Premium/Discount to List
-$19,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$464,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
Manners Patricia E
Bought by
Manners Patricia E and The Patricia E Manners Revocable Trust

Purchase Details

Closed on
Aug 28, 2007
Sold by
Manners Patricia E
Bought by
Manners Patricia E and Hurley Terrance Anthony

Purchase Details

Closed on
Feb 15, 2007
Sold by
Manners Patricia E
Bought by
Manners Patricia E and The Patricia E Revocable Trust

Purchase Details

Closed on
Jul 3, 2003
Sold by
Dodd Kevin
Bought by
Manners Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1999
Sold by
Furlow Merrill
Bought by
Dodd Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heller Anna Levitt -- None Available
Heller Jacob $590,000 Lawyers Title
Manners Patricia E -- None Available
Manners Patricia E -- None Available
Manners Patricia E -- None Available
Manners Patricia E $320,000 First American Title Co
Dodd Kevin $184,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Heller Jacob $464,000
Previous Owner Manners Patricia E $256,000
Previous Owner Dodd Kevin $165,600
Closed Manners Patricia E $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2015 08/28/15 Sold $590,000 -3.1% $257 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $609,000 -- $266 / 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 $8,977 $698,435 $236,756 $461,679
2024 $8,977 $684,741 $232,114 $452,627
2023 $8,827 $671,315 $227,563 $443,752
2022 $8,287 $658,152 $223,101 $435,051
2021 $8,118 $645,248 $218,727 $426,521
2019 $8,002 $626,112 $212,241 $413,871
2018 $7,779 $613,836 $208,080 $405,756
2016 $7,148 $590,000 $200,000 $390,000
2015 $6,062 $517,149 $318,234 $198,915
2014 $6,021 $507,020 $312,001 $195,019
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Patricia Manners

    Patricia Manners, Broker

  • Cameron Stearns

    Buyer's Agent in 2015

    Cameron Stearns

    Compass

    (310) 872-8785

    89 Total Sales

    Cameron Stearns
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15131742

California Regional Multiple Listing Service (CRMLS)

APN: 7205-001-026

California Los Angeles County Long Beach 90806 South Wrigley

473 W 25th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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