NOT LISTED FOR SALE

507 Coronado Ave Long Beach, CA 90814

Bluff Heights Neighborhood

Estimated Value: $1,815,317

9 Beds
5 Baths
4,431 Sq Ft
$410/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2016

Last sale price $1,150,500 $260 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $11,800 / mo

11 Days on Market

About This Home

As of June 2016

Spanish Style 4 Unit Complex Located on Coronado Avenue, Situated a few Miles from the Ocean, Dog Beach and Desirable 2nd Street Eateries, Close Proximity to Long Beach State College and Queen Mary Harbor, Two Story Building features Long Cement Driveway which Leads to Detached 5 Car Garages, Front Unit is a Single Level, 1400 Sq. Ft., 3 Bedrooms and 2 Baths, Nice Floor Plan, Spacious Living Room, Cozy Brick Fireplace, Lots of Windows Open to Kitchen, Breakfast Bar, Tiled Counters, Breakfast Nook, spacious Master Bedroom with Private Bath, Interior Laundry Room, Private Front Yard, Small Gated Rear Yard plus 2 car detached garage, 3 Other Units are approximately 1000 Sq. Ft., 2 Bedrooms and 1.5 Bathrooms each, nice floor plans, two bedroom units each have a one car detached Garage, Laundry room for 3 other units with own electric meter, new owner has the option to install coin operated machines (currently not being used) walking distance to shopping and public transportation, close to desirable Belmont Shores, this area is not located in rent controlled area, High demand rental area, great investment opportunity, complex features 9 bedrooms, 8 baths, built 1972

Last Agent to Sell the Property

Anthony De La Vara Jr.

Keller Williams OC Coastal License #01043900 Listed on: 05/01/2016

Keller Williams OC Coastal

Last Buyer's Agent

Ronit Bendavid

Keller Williams Realty Calabasas License #01311212

Keller Williams Realty Calabasas

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,751 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,431 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 10
  • Assessor Parcel Number 7257004012

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 5 Separate Electric Meters
  • 1 Separate Water Meter
  • Gross Income $2,925

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

6,751 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Property Type: Residential Income
  • Parcel Number: 7257004012
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 259.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 6751.00
  • Price Per Lot Square Foot: 170.42

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1400
  • Gross Income: 2925.00
  • Gross Scheduled Income: 35100.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Range: 5
  • Rent Control: No
  • Total Actual Rent: 2925.00

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 0000

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2019
Sold by
Ira Administrationrs Inc
Bought by
Current Estimated Value
$1,815,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,163
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
May 1, 2016
Closed on
Jun 3, 2016
Sold by
Stephenson Deborah M
Bought by
Ira Administrators Inc and Wade Chernick Sep
Seller's Agent
Anthony De La Vara Jr.
Keller Williams OC Coastal
Buyer's Agent
Ronit Bendavid
Keller Williams Realty Calabasas
List Price
$1,125,000
Sold Price
$1,150,500
Premium/Discount to List
$25,500
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%

Purchase Details

Closed on
Feb 17, 2007
Sold by
Stephenson Deborah M and Chambles Leslie Warren
Bought by
Stephenson Deborah M

Purchase Details

Closed on
Jan 25, 2003
Sold by
Stephenson Deborah M and Estate Of Ruth Maxine Chambles
Bought by
Stephenson Deborah M and Chambless Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,250
Interest Rate
5.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2001
Sold by
Stephenson Deborah M and Chambless Family Trust
Bought by
Chambless Ruth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.24%

Purchase Details

Closed on
Oct 29, 1998
Sold by
Chambless Trust and Ruth M
Bought by
Chambless Ruth M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Bluff Heights, CA

  • Scott Underwood Real Estate Agent - Meadowbrook Realty

    Scott Underwood

    Meadowbrook Realty

    (424) 785-0908

    27 Total Sales

    1 in Bluff Heights

    $582,500 Price

    Scott Underwood
     Section Image
  • Karla Stagman Real Estate Agent - Compass

    Karla Stagman

    Compass

    (949) 732-1762

    57 Total Sales

    1 in Bluff Heights

    $1,500,000 Price

    Karla Stagman
     Section Image
  • Marjorie Tyson Real Estate Agent - Coldwell Banker Envision

    Marjorie Tyson

    Coldwell Banker Envision

    (424) 378-4827

    18 Total Sales

    1 in Bluff Heights

    $1,025,000 Price

    Marjorie Tyson
     Section Image
  • Heidi Bailey Real Estate Agent - Keller Williams Coastal Prop.

    Heidi Bailey

    Keller Williams Coastal Prop.

    (949) 356-7766

    38 Total Sales

    1 in Bluff Heights

    $1,072,500 Price

    Heidi Bailey
     Section Image
  • Allison Van Wig Real Estate Agent - Keller Williams Coastal Prop.

    Allison Van Wig

    Responds Quickly

    Keller Williams Coastal Prop.

    (562) 582-8861

    236 Total Sales

    1 in Bluff Heights

    $1,072,000 Price

    Allison Van Wig
     Section Image
  • Ross Gagnon Real Estate Agent - Coldwell Banker Realty

    Ross Gagnon

    Coldwell Banker Realty

    (949) 518-3075

    37 Total Sales

    1 in Bluff Heights

    $665,000 Price

    Ross Gagnon
     Section Image
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Purchase 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 Buyer Sale Price Title Company
-- First American Title Company
Ira Administrators Inc $1,150,500 Chicago Title Company
Stephenson Deborah M -- None Available
Stephenson Deborah M -- Old Republic Title Company
Chambless Ruth M -- Fidelity Title
Chambless Ruth M -- Fidelity National Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $1,365,000
Closed Wade Jeffrey Chernick & Sondra Elaine Ch $553,163
Previous Owner Stephenson Deborah M $426,250
Previous Owner Chambless Ruth M $260,000
Source: Public Records

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
06/17/2016 06/17/16 Sold $1,150,500 +2.3% $260 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/01/2016 05/01/16 For Sale $1,125,000 -- $254 / 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
2026 $18,628 $1,389,191 $603,733 $785,458
2025 $18,628 $1,361,953 $591,896 $770,057
2024 $17,822 $1,335,249 $580,291 $754,958
2023 $17,518 $1,309,068 $568,913 $740,155
2022 $16,453 $1,283,401 $557,758 $725,643
2021 $15,903 $1,258,237 $546,822 $711,415
2020 $15,861 $1,245,937 $541,216 $704,721
2019 $15,677 $1,221,519 $530,604 $690,915
2018 $15,204 $1,197,580 $520,200 $677,380
2016 $2,667 $172,479 $36,225 $136,254
2015 $2,577 $169,889 $35,681 $134,208
2014 $2,584 $166,563 $34,983 $131,580
Source: Public Records

Agents Affiliated with this Home

  • AD

    Seller's Agent in 2016

    Anthony De La Vara Jr.

    Keller Williams OC Coastal

    (949) 373-1603

    122 Total Sales

    Anthony De La Vara Jr.
    Section Image

  • RB

    Buyer's Agent in 2016

    Ronit Bendavid

    Keller Williams Realty Calabasas

    (818) 480-8848

    7 Total Sales

    Ronit Bendavid
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16093123

California Regional Multiple Listing Service (CRMLS)

APN: 7257-004-012

California Los Angeles County Long Beach 90814 Bluff Heights

507 Coronado Ave, Long Beach, CA

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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