Seller's Agent in 2018
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
54 Total Sales
48 E 55th St Long Beach, CA 90805
Dairy NeighborhoodEstimated Value: $825,000 - $1,051,000
4
Beds
2
Baths
1,575
Sq Ft
$563/Sq Ft
Est. Value
Highlights
- Lawn
- Neighborhood Views
- Accessible Parking
- No HOA
- Laundry Room
- 2-minute walk to Burton W. Chace Park
About This Home
As of December 2018We are pleased to present 48 E. 55th street. Located in the highly desirable neighborhood of North Long Beach... Only a short distance to Bixby Knolls, wonderful shopping, restaurants, parks & coffee shops. A very short drive or trip on the blue line will have you in the heart of Downtown Long beach in moments. The subject property is comprised of two larger (783 +792Sf) 2 bedroom x 1 bathroom completely detached homes. This is a super clean, turnkey, investment property with room to add value. Current owners invested a great deal of time, effort and finances into the upkeep of both homes, and with ample parking, onsite laundry this investment property will not disappoint.
Front house 783SF has a private driveway for 2 cars, private front yard with small rear patio.
Back house 792SF has a private back yard, gated entrance off a clean Alley.
Long Beach is a non rent controlled city currently reflecting a 98% occupancy.
Last Agent to Sell the Property
Kinnery's Brokerage House License #01852032 Listed on: 08/29/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,206
Year Built
- Built in 1923 | Remodeled
Lot Details
- 5,881 Sq Ft Lot
- No Common Walls
- Wood Fence
- Lawn
- Back Yard
Parking
- 4 Open Parking Spaces
- 2 Car Garage
Home Design
- Duplex
- Raised Foundation
- Composition Roof
Interior Spaces
- 1,575 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Central Air
- Heating Available
- Natural Gas Connected
Additional Features
- Accessible Parking
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 6018
- Assessor Parcel Number 7126028004
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $47,400
- Net Operating Income $29,886
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2018
Closed on
Nov 9, 2018
Sold by
56Th Street Llc
Bought by
Farmon Thaddeaus F
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
Maeve Becker
Keller Williams South Bay
List Price
$659,000
Sold Price
$642,000
Premium/Discount to List
-$17,000
-2.58%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,283
Avg. Annual Appreciation
4.03%
Original Mortgage
$560,439
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Listed on
Apr 5, 2017
Closed on
Oct 11, 2017
Sold by
Vanalstine Chad Van and Vanalstine Nicole Van
Bought by
56Th Street Llc
Seller's Agent
Brenda Olson
Coldwell Banker Realty
Buyer's Agent
Billy Chacon
Berkshire Hathaway HSCP
List Price
$485,000
Sold Price
$436,000
Premium/Discount to List
-$49,000
-10.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.19%
Purchase Details
Closed on
Apr 27, 2017
Sold by
Hernandez Martha and Cervantes Espinoza Francisco Javier
Bought by
Vanalstine Chad and Vanalstine Van Alstine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 5, 2005
Sold by
Hernandez Martha
Bought by
Hernandez Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
5.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 30, 2003
Sold by
Contreras Jorge P
Bought by
Hernandez Martha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,050
Interest Rate
5.89%
Purchase Details
Closed on
Jan 26, 2000
Sold by
Sea Skiffs Apts Llc
Bought by
Contreras Jorge P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,669
Interest Rate
8.27%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 9, 1999
Sold by
Adcock Linda P and Scott Ray E
Bought by
Sea Skiff Apts Llc
Purchase Details
Closed on
Jul 29, 1998
Sold by
Harold E Scott Trust and Linda P
Bought by
Adcock Linda P and Scott Ray E
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farmon Thaddeaus F | $642,000 | Lawyers Title | |
| 56Th Street Llc | -- | Lawyers Title | |
| Vanalstine Chad | $436,000 | Lawyers Title Insurance Corp | |
| Hernandez Martha | -- | Stewart Title Of Ca Inc | |
| Hernandez Martha | $254,000 | Ticor | |
| Contreras Jorge P | $155,000 | Investors Title Company | |
| Sea Skiff Apts Llc | -- | Investors Title Company | |
| Adcock Linda P | -- | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farmon Thaddeaus F | $561,157 | |
| Closed | Farmon Thaddeaus F | $560,439 | |
| Previous Owner | Vanalstine Chad | $327,000 | |
| Previous Owner | Hernandez Martha | $257,000 | |
| Previous Owner | Hernandez Martha | $10,000 | |
| Previous Owner | Hernandez Martha | $241,050 | |
| Previous Owner | Contreras Jorge P | $156,210 | |
| Previous Owner | Contreras Jorge P | $157,669 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2018 12/21/18 | Sold | $642,000 | -1.1% | $408 / Sq Ft |
| 10/19/2018 10/19/18 | Pending | -- | -- | -- |
| 09/28/2018 09/28/18 | Price Changed | $649,000 | -1.5% | $412 / Sq Ft |
| 08/29/2018 08/29/18 | For Sale | $659,000 | +51.1% | $418 / Sq Ft |
| 08/17/2017 08/17/17 | Sold | $436,000 | -10.1% | $277 / Sq Ft |
| 04/20/2017 04/20/17 | Pending | -- | -- | -- |
| 04/05/2017 04/05/17 | For Sale | $485,000 | -- | $308 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,206 | $716,159 | $381,505 | $334,654 |
| 2024 | $9,206 | $702,118 | $374,025 | $328,093 |
| 2023 | $9,052 | $688,352 | $366,692 | $321,660 |
| 2022 | $8,500 | $674,855 | $359,502 | $315,353 |
| 2021 | $8,333 | $661,623 | $352,453 | $309,170 |
| 2020 | $8,311 | $654,840 | $348,840 | $306,000 |
| 2019 | $8,215 | $642,000 | $342,000 | $300,000 |
| 2018 | $5,604 | $436,000 | $266,000 | $170,000 |
| 2016 | $5,397 | $440,000 | $278,000 | $162,000 |
| 2015 | $4,581 | $380,000 | $240,000 | $140,000 |
| 2014 | $4,640 | $380,000 | $240,000 | $140,000 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Jacques
-
Maeve Becker
Buyer's Agent in 2018
Maeve Becker
Keller Williams South Bay
(310) 902-0109
18 Total Sales
-
Brenda Olson
B
Seller's Agent in 2017
Brenda Olson
Coldwell Banker Realty
(310) 614-9017
5 Total Sales
-
Billy Chacon
Buyer's Agent in 2017
Billy Chacon
Berkshire Hathaway HSCP
(213) 804-1736
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18210805
APN: 7126-028-004
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.
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
Nearby Homes
- 5512 Long Beach Blvd
- 17 E Plymouth St Unit B
- 134 E Market St
- 5355 Pine Ave
- 241 E 57th St
- 42 W Mountain View St
- 60 E Platt St
- 195 E Hullett St
- 326 E Plymouth St
- 332 E South St
- 106 E Osgood St
- 358 E 53rd St
- 473 E 55th St
- 22 E Sunset St
- 325 E 59th St
- 489 E 55th St
- 5536 Linden Ave
- 477 E South St
- 5046 Pacific Ave
- 5863 Linden Ave