NOT LISTED FOR SALE

Estimated Value: $1,410,000 - $1,884,000

3 Beds
3 Baths
2,536 Sq Ft
$639/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $1,393,850 $550 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,165/month

163 Days on Market

About This Home

As of March 2022

Perfect Los Altos Location! Lots of Upside Potential in Rents! Great for Owner User and Income! Front SFR Has Private Front and Back Yard with Room for Many RVs and Cars. Short Walk to Shopping, Dining, Regional Park, Golf, Tennis and More! Short Ride to the Marina and Beach! Projections used for analysis.

Last Agent to Sell the Property

Dave Chamberlain

Team Chamberlain Realty Exe. License #00762670 Listed on: 08/22/2021

Team Chamberlain Realty Exe.

Last Buyer's Agent

Jean Shapen

Coldwell Banker Realty License #00614080

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,838

Year Built

  • Built in 1949

Lot Details

  • 9,418 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 15865
  • Assessor Parcel Number 7220002017
  • $753 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Los Altos/South Of Fwy Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Fuel Expense $200
  • Insurance Expense $2,000
  • Trash Expense $2,000
  • Water Sewer Expense $2,000
  • Operating Expense $6,300
  • Gross Income $80,400
  • Net Operating Income $56,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,838

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Price Per Unit: 349750
  • Property Attached: Yes
  • Subdivision Name Other: Los Altos/South of Fwy (LSF)
  • Water Sewer Expenses: 2000.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7220002017
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 549.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9418.00
  • Lot Size Acres: 0.2162

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 900 Square Feet
  • Average Studio Area: 400 Square Feet
  • Electric Expense: 100.00
  • Fuel Expense: 200.00
  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9418.0000 Square Feet
  • Net Operating Income: 56760.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Range: 4
  • Operating Expense: 23640.00
  • Rent Control: No
  • Total Actual Rent: 4750.00
  • Total Expenses: 6300.00

Tax Info

  • Tax Census Tract: 5749.02
  • Tax Lot: 17
  • Tax Tract Number: 15865
  • TaxOtherAnnualAssessmentAmount: 753.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2021
Closed on
Feb 7, 2022
Sold by
Brandon Lenhart
Bought by
Joyce-Rogers Family Trust
Seller's Agent
Dave Chamberlain
Team Chamberlain Realty Exe.
Buyer's Agent
Jean Shapen
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,393,850
Premium/Discount to List
-$101,150
-6.77%
Total Days on Market
163
Current Estimated Value
$1,619,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,614
Avg. Annual Appreciation
3.23%
Original Mortgage
$400,000
Outstanding Balance
$374,942
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,170,744

Purchase Details

Closed on
Jul 2, 2003
Sold by
Pacholka Vickie O and Pacholka Carl J
Bought by
Lenhart Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2002
Sold by
Freman William C and Freman Rosemary
Bought by
Pacholka Carl J and Pacholka Vickie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.71%
Source: Public Records

Similar Homes in Long Beach, CA

  • 1356 & 1360 Saint Louis Ave, Long Beach, CA 90804

    $1,388,000

    • 6 Beds
    • 4 Baths
    • 2,477 Sq Ft
    • 1356 & 1360 Saint Louis Ave
    • Long Beach, CA

    Introducing 1356 & 1360 St Louis Ave. Two Beautiful Craftsman Homes Conveniently located near Belmont Heights, Park Estates, and Cal State Long Beach. The Front Unit Offers 3 Bedrooms, 2 Baths and Rear Unit is a 2025 Newly Constructed 3 Bedroom, 2 Bath. Both Units Offer Contemporary and Classic Kitchens, New Custom Cabinets, Quartz Counters, and New Stainless Steel Samsung Appliances. Master

    Eric Bonilla HL REALTY GROUP

    Section Image
  • 4531 E 10th St, Long Beach, CA 90804

    $1,250,000

    • 5 Beds
    • 4 Baths
    • 2,392 Sq Ft
    • 4531 E 10th St
    • Long Beach, CA

    3 UNIT TRIPLEX FIRST TIME BEING SOLD IN 48 YEARS! FRONT HOUSE 2 BED/2BATH AND 2 UNITS BEHIND CONSISTING OF 1 - 2 BED/1 BATH AND 1- 1 BED/1 BATH. 2 CAR GARAGE AND 3 OFF STREET PARKING SPOTS FOR A TOTAL OF 5 SPOTS! EACH UNIT HAS THEIR OWN WASHER / DRYER. SEPARATELY METERED FOR GAS AND ELECTRIC. NUMBERS ARE BASED ON PRO FORMA RENTS, TONS OF UPSIDE, LONG TERM TENANTS AND OWNER. THIS LOCATION IS LESS

    Kristina Moore The Moore Group

    Section Image
  • 1534 Grand Ave, Long Beach, CA 90804

    $1,300,000

    • 5 Beds
    • 5 Baths
    • 3,570 Sq Ft
    • 1534 Grand Ave
    • Long Beach, CA

    With its established rental history and high-demand location, this high-performing multifamily asset presents a rare opportunity in one of Long Beach’s most sought-after areas. This well-maintained four-unit property features three spacious one-bedroom units and one two-bedroom, two-bathroom townhouse with a balcony, fireplace, enclosed patio, and in-unit laundry. All units are separately metered

    Michele Brown Keller Williams South Bay

    Section Image
  • 1000 Ximeno Ave Unit 1, Long Beach, CA 90804

    $1,675,000

    • 4 Beds
    • 4 Baths
    • 2,499 Sq Ft
    • 1000 Ximeno Ave
    • Unit 1
    • Long Beach, CA

    Remodeled 4Plex with large private yards, located inone of the nicest pockets of Long Beach! Perfectopportunity for any buyer/owner user looking to live inone unit and have their neighbors pay their mortgage.1000 Ximeno Ave is comprised of (4) 1Bed/1Bathunits. Beneficial to the new owner, all remodels havebeen completed, including new flooring, appliances,countertops,

    Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • 3320 E 8th St, Long Beach, CA 90804

    $1,295,000

    • 5 Beds
    • 4 Baths
    • 2,940 Sq Ft
    • 3320 E 8th St
    • Long Beach, CA

    Charming Spanish style 4 plex in historic Rose Park Long Beach. This quad has (1) 2/1 bed/bath and (3) 1 bed/1bath. Each unit has original oak hardwood floors, built ins, windows in the closet and high curved ceilings. The building was built in the 1930's so it still has a lot of charm and character. The kitchen in the two bedroom is newly remodeled with stainless steel appliances, kitchen

    Charles Chang CMC Realty & Lending

    Section Image
  • 1073 Orizaba Ave, Long Beach, CA 90804

    $1,199,000

    • 5 Beds
    • 4 Baths
    • 2,044 Sq Ft
    • 1073 Orizaba Ave
    • Long Beach, CA

    This beautiful Craftsman-style 3-unit property presents an exceptional investment opportunity with significant upside potential! The property features two fully rented back units and a spacious front unit with a market value lease of $3,500/month. The charming Craftsman architecture adds timeless character and appeal, making this property a standout in the area. With the front unit offering ample

    Luen Song Coldwell Banker Realty

    Section Image
  • 254 Newport Ave, Long Beach, CA 90803

    $1,695,000

    • 4 Beds
    • 4 Baths
    • 2,893 Sq Ft
    • 254 Newport Ave
    • Long Beach, CA

    PRICE ADJUSTMENT! This renovated Belmont Heights California Bungalow triplex offers flexibility for homeowners and investors alike. Comprised of a 2 bedroom, 2 bath front home, 2 bedroom, 1 bath apartment, a studio and four 1 car garages plus 2 parking spaces. FRONT 2 BED/2 BATH HOME features a blend of classic and modern

    Loree Scarborough Compass

    Section Image
  • 5113 E The Toledo, Long Beach, CA 90803

    $1,800,000

    • 5 Beds
    • 5 Baths
    • 3,001 Sq Ft
    • 5113 E The Toledo
    • Long Beach, CA

    Beautifully designed four-plex in the heart of Belmont Park. Just steps from the scenic canals and vibrant Belmont Shore, Large Lot of 5k+ compared to others in the Shore around 2500-3k. The open-concept layout features a bright living area, a gourmet kitchen with stainless steel appliances, and a luxurious master suite. Outside, a private patio provides the perfect space for al fresco dining and

    David Goodwin Fiv Realty Co

    Section Image
  • 1050 Dawson Ave, Long Beach, CA 90804

    $1,850,000

    • 6 Beds
    • 4 Baths
    • 6,927 Sq Ft
    • 1050 Dawson Ave
    • Long Beach, CA

    1050 Dawson Avenue is an 8-unit multifamily investment property located in Long Beach, CA. 1050 Dawson Avenue offers a diverse mix of one, two, and three-bedroom floor plans, which helps the property appeal to a diverse renter pool. Additionally, select unit interiors feature vinyl and tile flooring, granite countertops, and shaker-style cabinetry. Furthermore, the property features desirable

    Tyler Leeson Marcus & Millichap RE Invest

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Joyce-Rogers Family Trust $484,909 Orange Coast Title
Lenhart Brandon $705,000 Fidelity Title
Pacholka Carl J $525,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyce-Rogers Family Trust $400,000
Previous Owner Lenhart Brandon $100,000
Previous Owner Lenhart Brandon $564,000
Previous Owner Pacholka Carl J $382,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $1,393,850 -0.4% $550 / Sq Ft
01/31/2022 01/31/22 Price Changed $1,399,000 -3.2% $552 / Sq Ft
10/16/2021 10/16/21 Price Changed $1,445,000 -3.3% $570 / Sq Ft
08/22/2021 08/22/21 For Sale $1,495,000 -- $590 / 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
2024 $18,838 $1,450,317 $1,040,400 $409,917
2023 $18,521 $1,421,880 $1,020,000 $401,880
2022 $11,949 $944,534 $569,401 $375,133
2021 $11,706 $926,015 $558,237 $367,778
2020 $11,673 $916,720 $552,513 $364,207
2019 $11,535 $898,750 $541,680 $357,070
2018 $11,227 $881,132 $531,059 $350,073
2016 $10,330 $846,727 $510,439 $336,288
2015 $9,917 $834,009 $502,772 $331,237
2014 $9,856 $817,673 $492,924 $324,749
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21185445

California Regional Multiple Listing Service (CRMLS)

APN: 7220-002-017