Seller's Agent in 2021
Josh Ess
Buckingham Investments, Inc
(310) 982-7055
1 in this area
45 Total Sales
516 W 10th St Long Beach, CA 90813
Willmore NeighborhoodEstimated Value: $1,053,000 - $1,223,931
3
Beds
2
Baths
3,328
Sq Ft
$341/Sq Ft
Est. Value
Highlights
- Property is near park
- No HOA
- 4-minute walk to Drake Park
About This Home
As of December 2021Bread and Butter 4 unit in Willmore with (2) 2-beds upstairs and (2) 1-beds down. Laundry hook-ups in units. Separately metered for gas and electric. All Long term tenants with approximately 20% upside in rents. 15.6GRM and 3.6% cap at purchase and 13.2GRM and 4.5% Cap at Market Rents.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 4,583 Sq Ft Lot
- Two or More Common Walls
Home Design
- 3,328 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer Hookup
Location
- Property is near park
- Urban Location
Listing and Financial Details
- Legal Lot and Block 2 / 162
- Tax Tract Number 5758
- Assessor Parcel Number 7272009008
- $778 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- Willmore District Subdivision
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $260
- Insurance Expense $1,600
- Maintenance Expense $2,740
- Other Expense $90
- Pest Control $375
- Professional Management Expense $4,791
- Water Sewer Expense $650
- New Taxes Expense $14,000
- Operating Expense $24,000
- Gross Income $72,000
- Net Operating Income $44,000
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
Listed on
Sep 18, 2018
Closed on
Dec 6, 2018
Sold by
Bought by
Seller's Agent
Shawn Mohler
The Mohler Real Estate Group
Buyer's Agent
Josh Ess
Buckingham Investments, Inc
List Price
$949,900
Sold Price
$890,000
Premium/Discount to List
-$59,900
-6.31%
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
$243,233
Avg. Annual Appreciation
3.26%
Original Mortgage
$620,000
Outstanding Balance
$546,268
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$586,965
Purchase Details
Listed on
Apr 20, 2016
Closed on
May 13, 2016
Sold by
Bought by
Seller's Agent
Lorri Quiett
Vylla Home, Inc.
Buyer's Agent
Shawn Mohler
The Mohler Real Estate Group
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.70%
Original Mortgage
$495,000
Interest Rate
3.57%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
May 9, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 19, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,615
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 20, 1995
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,450
Interest Rate
9.28%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 4, 1994
Sold by
Bought by
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
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 |
|---|---|---|---|
| $890,000 | Chicago Title | ||
| $660,000 | First American Title Company | ||
| $441,000 | Investors Title Company | ||
| $254,000 | -- | ||
| $134,500 | Old Republic Title Company | ||
| $150,000 | First American Title Company |
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 | $620,000 | ||
| Previous Owner | $495,000 | ||
| Previous Owner | $352,800 | ||
| Previous Owner | $244,615 | ||
| Previous Owner | $130,450 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | $1,109,000 | -1.4% | $333 / Sq Ft | |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- | |
| 09/28/2021 09/28/21 | For Sale | $1,125,000 | +26.4% | $338 / Sq Ft | |
| 12/27/2018 12/27/18 | Sold | $890,000 | -1.6% | $267 / Sq Ft | View Prior Sale |
| 11/14/2018 11/14/18 | Price Changed | $904,900 | -2.2% | $272 / Sq Ft | |
| 10/18/2018 10/18/18 | Price Changed | $924,900 | -2.6% | $278 / Sq Ft | |
| 09/18/2018 09/18/18 | For Sale | $949,900 | +43.9% | $285 / Sq Ft | |
| 06/27/2016 06/27/16 | Sold | $660,000 | -5.6% | $198 / Sq Ft | View Prior Sale |
| 05/09/2016 05/09/16 | Pending | -- | -- | -- | |
| 04/20/2016 04/20/16 | For Sale | $699,000 | -- | $210 / 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 | $15,863 | $1,176,878 | $764,069 | $412,809 |
| 2024 | $15,185 | $1,153,803 | $749,088 | $404,715 |
| 2023 | $14,929 | $1,131,180 | $734,400 | $396,780 |
| 2022 | $14,016 | $1,109,000 | $720,000 | $389,000 |
| 2021 | $11,706 | $917,204 | $638,951 | $278,253 |
| 2019 | $11,539 | $890,000 | $620,000 | $270,000 |
| 2018 | $8,954 | $686,664 | $478,584 | $208,080 |
| 2016 | $6,909 | $545,654 | $244,688 | $300,966 |
| 2015 | $6,639 | $537,459 | $241,013 | $296,446 |
| 2014 | $6,074 | $480,000 | $215,300 | $264,700 |
Source: Public Records
Agents Affiliated with this Home
-
Josh Ess
-
Shawn Mohler
Seller's Agent in 2018
Shawn Mohler
The Mohler Real Estate Group
(562) 505-7953
14 Total Sales
-
Lorri Quiett
Seller's Agent in 2016
Lorri Quiett
Vylla Home, Inc.
(562) 682-3130
115 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21215143
APN: 7272-009-008
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
- 508 W 10th St
- 1030 Daisy Ave
- 1014 Magnolia Ave
- 973 N Park Cir
- 757 N Loma Vista Dr
- 1070 Chestnut Ave
- 833 Cedar Ave
- 1238 Magnolia Ave
- 328 W 8th St
- 1040 Cedar Ave
- 939 Pacific Ave
- 1273 Chestnut Ave
- 1217 Cedar Ave
- 1021 Pacific Ave
- 1202 - 1210 Myrtle
- 645 Chestnut Ave Unit 202
- 645 Chestnut Ave Unit 305
- 628 Daisy Ave Unit 222
- 628 Daisy Ave Unit 225
- 728 Cedar Ave
- 534 W 10th St
- 528 W 10th St
- 540 W 10th St
- 524 W 10th St
- 525 W 10th St
- 926 Daisy Ave
- 551 W 10th St Unit 3
- 551 W 10th St Unit 9
- 551 W 10th St
- 930 Daisy Ave
- 541 W 10th St
- 937 Magnolia Ave
- 519 W 10th St
- 509 W 10th St
- 1001 Daisy Ave
- 500 W 10th St
- 927 Magnolia Ave
- 918 Daisy Ave
- 1017 Magnolia Ave
- 920 N Crystal Ct
Your Personal Tour Guide
Ask me questions while you tour the home.