Seller's Agent in 2023
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
16 in this area
74 Total Sales
509 Rose Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,298,000 - $1,784,000
13
Beds
8
Baths
4,066
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- 0.17 Acre Lot
- Laundry Room
- 5-minute walk to Miracle On Fourth Street Park
- Long Beach Polytechnic High School Rated A
About This Home
As of June 2023507-509 Rose Avenue is comprised of two (2) houses on a 7,542-square-foot parcel in Alamitos Beach, Long Beach. The front house, 509, is comprised of six (6) bedrooms and three (3) bathrooms with a laundry room off of the kitchen. The rear house, 507, is comprised of seven (7) bedrooms and 4.5 bathrooms. The property features and enclosed yard along with three (3) single car garages and one (1) two-car tandem uncovered parking space.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 02/18/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 7,524 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 3 Car Garage
Home Design
- 4,066 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 5765
- Assessor Parcel Number 7266021006
- $707 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
- Alamitos Beach Subdivision
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $3,456
- Maintenance Expense $1,200
- Other Expense $600
- Pest Control $500
- Professional Management Expense $4,609
- Water Sewer Expense $9,613
- New Taxes Expense $16,425
- Operating Expense $37,703
- Gross Income $92,189
- Net Operating Income $54,486
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 18, 2023
Closed on
Jul 12, 2023
Sold by
Boustani Walid and Boustani Maya
Bought by
Rose Avenue Llc
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Tamer Youssef
RE/MAX TIME REALTY
List Price
$1,295,000
Sold Price
$1,278,000
Premium/Discount to List
-$17,000
-1.31%
Views
13
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
$294,448
Avg. Annual Appreciation
8.33%
Purchase Details
Closed on
May 14, 2010
Sold by
Manhart Suzanne Marie
Bought by
Manhart Suzanne Marie and The Suzanne Marie Manhart Trus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$894,600
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 13, 2010
Sold by
Suzanne Marie Manhart Trust
Bought by
Boustani Walid and Boustani Maya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$894,600
Interest Rate
6.35%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Rose Avenue Llc | -- | None Listed On Document | |
| Manhart Suzanne Marie | -- | None Available | |
| Boustani Walid | $1,278,000 | Old Republic Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Boustani Walid | $894,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/21/2023 06/21/23 | Sold | $1,278,000 | -1.3% | $314 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 02/18/2023 02/18/23 | For Sale | $1,295,000 | -- | $318 / 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 | $16,899 | $1,329,631 | $832,320 | $497,311 |
| 2024 | $16,899 | $1,303,560 | $816,000 | $487,560 |
| 2023 | $4,279 | $285,895 | $111,177 | $174,718 |
| 2022 | $4,040 | $280,291 | $108,998 | $171,293 |
| 2021 | $3,938 | $274,796 | $106,861 | $167,935 |
| 2020 | $3,926 | $271,980 | $105,766 | $166,214 |
| 2019 | $3,883 | $266,648 | $103,693 | $162,955 |
| 2018 | $3,646 | $261,420 | $101,660 | $159,760 |
| 2016 | $3,328 | $251,270 | $97,713 | $153,557 |
| 2015 | $3,203 | $247,497 | $96,246 | $151,251 |
| 2014 | $3,192 | $242,650 | $94,361 | $148,289 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
-
Larry Bustamante
Seller Co-Listing Agent in 2023
Larry Bustamante
Keller Williams Realty Downey
(323) 481-9788
8 in this area
15 Total Sales
-
Tamer Youssef
Buyer's Agent in 2023
Tamer Youssef
RE/MAX
(714) 240-7196
1 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23027863
APN: 7266-021-006
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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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