5121 E Ocean Blvd Long Beach, CA 90803
Belmont Shore Neighborhood
4
Beds
4.5
Baths
3,185
Sq Ft
2,563
Sq Ft Lot
Highlights
- Ocean View
- Primary Bedroom Suite
- Bonus Room with Fireplace
- Naples Bayside Academy Rated A
- Main Floor Primary Bedroom
- No HOA
About This Home
As of October 2024Experience breathtaking ocean views from every level of this updated and spacious Belmont Shore Duplex. Recently fully remodeled in 2022, each unit features a separate entrance, creating an excellent opportunity for investors. The property is currently used for short-term rentals, with nearly full occupancy throughout the month.
The larger unit includes a convenient residential elevator. Its great room, showcasing coastal views from a balcony, has been cleverly converted into a yacht-style bedroom. Additionally, an impressive oversized top-floor bonus/game room offers access to a cozy sitting area and another deck, boasting stunning sunset views. Two bedrooms with attached baths are situated on the second floor, accompanied by an open kitchen, dining, and living area, all complemented by a balcony overlooking the ocean.
The smaller unit, accessed from a main floor deck with water views, comprises a ground-level living area and bedroom, a main-level bedroom with an ensuite bathroom, and an additional bedroom upstairs with a full bath. Both units offer central heating/air, recessed lighting, crown molding, two-car garages, and laundry rooms/areas.
Perfectly situated steps away from the beach and close to Alamitos Bay, as well as the lively dining and shopping district along 2nd St, this property is an ideal choice for those seeking the ultimate coastal lifestyle.Den, Entry, Family Room, Game Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Utility Room, Walk-In Closet
Last Agent to Sell the Property
Radius Agent Realty License #01922452 Listed on: 06/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $39,873
Year Built
- Built in 1923
Lot Details
- 2,563 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Attached Garage
- Parking Available
- Single Garage Door
- Garage Door Opener
Home Design
- Duplex
Interior Spaces
- 3,185 Sq Ft Home
- 3-Story Property
- Entryway
- Family Room
- Living Room
- Home Office
- Bonus Room with Fireplace
- Game Room
- Utility Room
- Laundry Room
- Ocean Views
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Primary Bedroom on Main
- Primary Bedroom Suite
- Walk-In Closet
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Windows
- Energy-Efficient HVAC
- Energy-Efficient Lighting
- Energy-Efficient Thermostat
Utilities
- Central Air
- High-Efficiency Water Heater
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Legal Lot and Block 36 / 24
- Tax Tract Number 3750
- Assessor Parcel Number 7247022023
- $494 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
- Belmont Shore Subdivision
Recreation
- Dog Park
- Water Sports
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 23, 2024
Sold by
7636 Foothill Blvd Llc
Bought by
Digrazia Morea Family Trust and Digrazia
Total Days on Market
15
Current Estimated Value
Purchase Details
Closed on
Nov 17, 2022
Sold by
Ekimyan Sedrak
Bought by
7636 Foothill Blvd Llc
Purchase Details
Closed on
Jun 22, 2005
Sold by
Alex Mark Nicholas and Alex Rose Marie Spinoso
Bought by
Peterson Michael R and Peterson Lisa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Feb 14, 1996
Sold by
Alex Mark Nicholas and Spinoso Rosa Marie
Bought by
Alex Mark Nicholas and Alex Rose Marie Spinoso
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
7.01%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 18, 1993
Sold by
Roeber Gary F and Roeber Christy B
Bought by
Alex Mark Nicholas and Spinoso Rose Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.16%
Similar Homes in Long Beach, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,850,000 | Lawyers Title | |
| Gift Deed | -- | Lawyers Title | |
| Grant Deed | $920,000 | -- | |
| Interfamily Deed Transfer | -- | Fidelity National Title Ins | |
| Grant Deed | $310,000 | World Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,010,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $736,000 | Negative Amortization | |
| Previous Owner | $238,500 | Balloon | |
| Previous Owner | $248,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2024 10/17/24 | Sold | $2,850,000 | 0.0% | $895 / Sq Ft |
| 06/30/2024 06/30/24 | Pending | -- | -- | -- |
| 06/15/2024 06/15/24 | For Sale | $2,850,000 | -6.6% | $895 / Sq Ft |
| 05/19/2022 05/19/22 | Sold | $3,050,000 | -3.1% | $972 / Sq Ft |
| 04/09/2022 04/09/22 | Pending | -- | -- | -- |
| 10/01/2021 10/01/21 | For Sale | $3,149,000 | -- | $1,004 / 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 |
|---|---|---|---|---|
| 2024 | $39,873 | $3,173,220 | $2,059,992 | $1,113,228 |
| 2023 | $39,217 | $3,111,000 | $2,019,600 | $1,091,400 |
| 2022 | $18,129 | $1,483,044 | $527,977 | $955,067 |
| 2021 | $17,780 | $1,453,966 | $517,625 | $936,341 |
| 2019 | $17,526 | $1,410,842 | $502,273 | $908,569 |
| 2018 | $17,092 | $1,383,179 | $492,425 | $890,754 |
| 2016 | $15,717 | $1,329,470 | $473,304 | $856,166 |
| 2015 | $15,073 | $1,309,501 | $466,195 | $843,306 |
| 2014 | $14,951 | $1,283,850 | $457,063 | $826,787 |
Source: Public Records
Agents Affiliated with this Home
-
Lusine KHACHATRYAN
Seller's Agent in 2024
Lusine KHACHATRYAN
Radius Agent Realty
(818) 602-8271
2 in this area
12 Total Sales
-
Ann Grigoryan
Seller Co-Listing Agent in 2024
Ann Grigoryan
Radius Agent Realty
(818) 482-4856
2 in this area
34 Total Sales
-
Richard Gaylord
Buyer's Agent in 2024
Richard Gaylord
RE/MAX
(562) 618-2113
5 in this area
20 Total Sales
-
Sue La Bounty
Seller's Agent in 2022
Sue La Bounty
First Team Real Estate
(562) 225-8695
9 in this area
111 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB24122688
APN: 7247-022-023
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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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