Monica Olmos
Century 21 Masters
(626) 986-7539
44 Total Sales
1 in Addams
$795,000 Price
501 E 51st St Long Beach, CA 90805
Addams Neighborhood
14
Beds
10
Baths
6,912
Sq Ft
0.25
Acre Lot
Highlights
- All Bedrooms Downstairs
- Dual Staircase
- No HOA
- 0.25 Acre Lot
- Corner Lot
- Laundry Room
About This Home
As of April 202270% of building (very high %) is Section 8 or Program tenants for guaranteed income! Building is professionally managed (month-to-month), on large corner lot, undergone recent improvements/upgrades including enhanced foundation and is separately metered for gas and electric. Additional upside for rents. Separate laundry room provides extra income. Located in very strong rental market and approx. 1 mile from the very popular “Bixby Knolls” which is an active community and exceptionally family-friendly neighborhood. Bixby Knolls has embraced neighborhood events from “First Fridays” to Kidical Mass bike rides & stroller groups. Businesses stay open late as folks stroll between restaurants, shops, and street-side booths while being entertained by live bands and entertainers. Bixby is also home to the Helen Borgers Theater, the Long Beach Shakespeare Company and the Historical Society of Long Beach. Bixby is undergoing a true “renaissance” with many great partnerships with the City of Long Beach, City Council, neighborhood associations and other community groups.
.
Last Agent to Sell the Property
TERESA OWEN
Red Brick Realty, Inc. License #01447263 Listed on: 01/10/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 11,095 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 6 Car Garage
- Parking Available
Home Design
- Apartment
- Tar and Gravel Roof
Interior Spaces
- 6,912 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Laundry Room
Kitchen
- Gas Range
- Formica Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 14 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 10 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Wall Furnace
- Water Heater
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 27965
- Assessor Parcel Number 7130010019
- $1,821 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $50
- Insurance Expense $2,000
- Professional Management Expense $900
- Trash Expense $200
- Water Sewer Expense $600
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Addams, CA
-
Monica Olmos
-
Cassidy Tutt
Cassidy Tutt
WGroup Realtors
(562) 553-8110
43 Total Sales
2 in Addams
$705,000 Price Range
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
1 in Addams
$663,000 Price
-
Roddy de la Garza
Roddy de la Garza
Responds QuicklyEpique Realty
(323) 615-1579
119 Total Sales
1 in Addams
$405,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
1 in Addams
$625,000 Price
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
238 Total Sales
2 in Addams
$535K - $686K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/19/2022 04/19/22 | Sold | $2,650,000 | 0.0% | $383 / Sq Ft | |
| 01/21/2022 01/21/22 | Pending | -- | -- | -- | |
| 01/10/2022 01/10/22 | For Sale | $2,650,000 | +211.8% | $383 / Sq Ft | |
| 05/01/2012 05/01/12 | Sold | $850,000 | -22.7% | $123 / Sq Ft | View Prior Sale |
| 03/17/2012 03/17/12 | Pending | -- | -- | -- | |
| 09/12/2011 09/12/11 | For Sale | $1,100,000 | -- | $159 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $37,872 | $2,812,200 | $583,664 | $2,228,536 |
| 2024 | $36,264 | $2,757,060 | $572,220 | $2,184,840 |
| 2023 | $35,649 | $2,703,000 | $561,000 | $2,142,000 |
| 2022 | $13,917 | $1,006,059 | $355,079 | $650,980 |
| 2021 | $13,596 | $986,333 | $348,117 | $638,216 |
| 2019 | $13,403 | $958,720 | $337,793 | $620,927 |
| 2018 | $12,911 | $939,955 | $331,170 | $608,785 |
| 2016 | $11,871 | $901,881 | $318,311 | $583,570 |
| 2015 | $11,418 | $888,335 | $313,530 | $574,805 |
| 2014 | $11,386 | $870,935 | $307,389 | $563,546 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2022
TERESA OWEN
Red Brick Realty, Inc.
-
Anthony Walker
Buyer's Agent in 2022
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
1 in this area
87 Total Sales
-
S
Seller's Agent in 2012
Susan Doan
Burton S. Young, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21269484
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
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