NOT LISTED FOR SALE

5200 E 1st St Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $2,028,000 - $2,709,000

6 Beds
4 Baths
3,542 Sq Ft
$671/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $1,575,000 $445 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $14,911/month

4 Days on Market

About This Home

As of June 2016

Rarely on the market, you must see this very well maintained Long Beach Four-plex in Belmont Shore on a large, corner lot. This property offers two 2DB/1BA and two 1BD/1BA units. Never a lack of tenants in this popular oceanside neighborhood. This inviting income property is located between trendy 2nd street shops and restaurants and yet only 1 block to the Pacific Ocean, with over 3 miles of beach and bike paths. Don't miss out on this opportunity.

Last Agent to Sell the Property

Kevin Hoban

Kevin C. Hoban, Broker License #00924277 Listed on: 03/31/2016

Kevin C. Hoban, Broker

Last Buyer's Agent

Janet Irwin

Compass License #01887320

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,544

Year Built

  • Built in 1936

Lot Details

  • 4,511 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,542 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 26
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247023001

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $6,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,544

Year Built

Built in 1936

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Belmont Shore (BSD)
  • Property Type: Residential Income
  • Parcel Number: 7247023001
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 444.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4511.00
  • Price Per Lot Square Foot: 349.15

Multi Family

  • Gross Income: 6410.00
  • Gross Scheduled Income: 76920.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: 26
  • Tax Lot: 2
  • Tax Tract Number: 3750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2016
Sold by
Bozarth Glenn
Bought by
The Monahan Trust
Current Estimated Value
$2,376,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2000
Sold by
Archuleta Arthur Max
Bought by
Bozarth Glenn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
8.11%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
The Monahan Trust $1,575,000 Progressive Title
Bozarth Glenn $625,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Monahan Trust $850,000
Previous Owner Bozarth Glenn $469,000
Previous Owner Bozarth Glenn $479,540
Previous Owner Bozarth Glenn $520,000
Previous Owner Bozarth Glenn $432,000
Previous Owner Bozarth Glenn $437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $1,575,000 -1.3% $445 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $1,595,000 -- $450 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $23,544 $1,864,473 $1,183,794 $680,679
2024 $23,544 $1,827,916 $1,160,583 $667,333
2023 $23,151 $1,792,076 $1,137,827 $654,249
2022 $21,719 $1,756,938 $1,115,517 $641,421
2021 $21,295 $1,722,490 $1,093,645 $628,845
2020 $21,240 $1,704,829 $1,082,432 $622,397
2019 $20,990 $1,671,402 $1,061,208 $610,194
2018 $20,458 $1,638,630 $1,040,400 $598,230
2016 $9,807 $795,550 $539,704 $255,846
2015 $9,417 $783,601 $531,598 $252,003
2014 $9,360 $768,252 $521,185 $247,067
Source: Public Records

Agents Affiliated with this Home

  • Kevin Hoban

    Seller's Agent in 2016

    Kevin Hoban

    Kevin C. Hoban, Broker

    (562) 708-0393

    12 Total Sales

    Section Image
  • Janet Irwin

    Buyer's Agent in 2016

    Janet Irwin

    Compass

    (310) 230-5478

    1 in this area

    26 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16066557

California Regional Multiple Listing Service (CRMLS)

APN: 7247-023-001

California Los Angeles County Long Beach 90803 Belmont Shore

5200 E 1st St, Long Beach, CA

This home is located at 5200 E 1st St, Long Beach, CA 90803 since 31 March 2016 and is currently estimated at $2,376,545, approximately $670 per square foot. This property was built in 1936. 5200 E 1st St is a home located in Los Angeles County with nearby schools including Naples Bayside Academy, Rogers Middle School, and Woodrow Wilson High School.

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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