P
Seller's Agent in 2016
Patricia Blinn
Masciel Real Estate Co.
(714) 323-7758
3 Total Sales
520 E Willow St Unit 1 Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $651,000 - $804,000
6
Beds
4
Baths
15,658
Sq Ft
$46/Sq Ft
Est. Value
Highlights
- 40,807 Sq Ft lot
- Property is near public transit
- Spanish Architecture
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- Lawn
About This Home
As of September 2016Unique Spanish style complex located in an area where new development is on-going. Ideal for owner occupant, or developer to collect rent while awaiting permits, plans, etc. Long Bch Memorial hospital is 2 blocks away, as well as access to Blue lines, bus service, and shopping nearby. 22 units face Willow St. with two separate driveways, and 6 units face Vernon St. (directly behind) on same property. There are 7 separate buildings which offer more privacy, and a grassy area for BBQ's. as well as a laundry room. Garages are rented at only $65 per month for tenants only. Many units have upgraded kitchens and baths. A newer Sr. Citizen's building is located next door to Vernon St. Manager has been here for approx. 20 years, and is highly regarded by the tenants, which establishes respect and security to the property.
Last Agent to Sell the Property
Masciel Real Estate Co. License #00577130 Listed on: 06/11/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,798
Year Built
- Built in 1927 | Remodeled
Lot Details
- 0.94 Acre Lot
- Two or More Common Walls
- Redwood Fence
- Fence is in fair condition
- Landscaped
- Level Lot
- Irregular Lot
- Front and Back Yard Sprinklers
- Lawn
- Density is 26-30 Units/Acre
- 005,006,007,A,16,17
Parking
- 18 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Spanish Architecture
- Bungalow
- Property Attached
- Shingle Roof
- Rolled or Hot Mop Roof
- Composition Roof
- Asphalt Roof
Interior Spaces
- 15,658 Sq Ft Home
- Blinds
- Basement
Kitchen
- Gas Range
- Laminate Countertops
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Accessible Home Design
- Doors swing in
- More Than Two Accessible Exits
- Accessible Parking
Utilities
- Floor Furnace
- Wall Furnace
- Gas Water Heater
- Satellite Dish
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 4,+
- Tax Tract Number 5732
- Assessor Parcel Number 7208006004
Community Details
Overview
- No Home Owners Association
- 7 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 26 Separate Electric Meters
- 25 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $4,200
- Insurance Expense $6,000
- Maintenance Expense $4,800
- Other Expense $1,200
- Pest Control $655
- Professional Management Expense $24,000
- Supplies Expense $3,600
- Trash Expense $611
- Water Sewer Expense $13,204
- New Taxes Expense $65,000
- Gross Income $28,210
- Net Operating Income $210,765
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2016
Closed on
Sep 1, 2016
Sold by
Blinn Patricia R
Bought by
520 Willow Llc
Seller's Agent
Patricia Blinn
Masciel Real Estate Co.
Buyer's Agent
Ryan Gonzalez
Lyon Stahl Investment Real Est
List Price
$5,200,000
Sold Price
$5,000,000
Premium/Discount to List
-$200,000
-3.85%
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
-$4,275,205
Avg. Annual Appreciation
-19.12%
Original Mortgage
$4,200,000
Outstanding Balance
$3,356,953
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$2,632,158
Purchase Details
Closed on
Mar 6, 2009
Sold by
Blinn Patricia R
Bought by
Blinn Patricia R and Credit Trust Under The George W & Patric
Purchase Details
Closed on
Sep 21, 2007
Sold by
Blinn Patricia R
Bought by
Blinn Patricia R and George W & Patricia R Blinn 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
$500,000
Interest Rate
6.27%
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 |
|---|---|---|---|
| 520 Willow Llc | $5,000,000 | Lawyers Title Company | |
| Blinn Patricia R | -- | Lawyers Title | |
| Blinn Patricia R | -- | Southland Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 520 Willow Llc | $4,200,000 | |
| Previous Owner | Blinn Patricia R | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2016 09/02/16 | Sold | $5,000,000 | -3.8% | $319 / Sq Ft |
| 07/07/2016 07/07/16 | Pending | -- | -- | -- |
| 06/11/2016 06/11/16 | For Sale | $5,200,000 | -- | $332 / 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 | $6,798 | $522,259 | $232,114 | $290,145 |
| 2024 | $6,798 | $512,019 | $227,563 | $284,456 |
| 2023 | $6,683 | $501,980 | $223,101 | $278,879 |
| 2022 | $6,278 | $492,138 | $218,727 | $273,411 |
| 2021 | $6,155 | $482,489 | $214,439 | $268,050 |
| 2019 | $6,068 | $468,180 | $208,080 | $260,100 |
| 2018 | $5,834 | $459,000 | $204,000 | $255,000 |
| 2016 | $740 | $40,326 | $20,474 | $19,852 |
| 2015 | $717 | $39,721 | $20,167 | $19,554 |
| 2014 | $725 | $38,943 | $19,772 | $19,171 |
Source: Public Records
Agents Affiliated with this Home
-
Patricia Blinn
-
Ryan Gonzalez
R
Buyer's Agent in 2016
Ryan Gonzalez
Lyon Stahl Investment Real Est
(562) 879-3206
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16127677
APN: 7208-006-004
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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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