5225 E Ocean Blvd Long Beach, CA 90803
Belmont Shore NeighborhoodEstimated Value: $2,773,000 - $3,674,000
4
Beds
6
Baths
4,252
Sq Ft
$740/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Fishing
- Naples Bayside Academy Rated A
- Property has ocean access
- Second Garage
About This Home
As of December 2020This beautiful quadruplex with panoramic ocean views is one of a kind. The 2-story owner’s unit is located on the top 2 floors. This huge unit has an open floor plan with amazing beach views as well as 3 private outdoor patios & a rooftop deck! Both master bed/bath as well as guest bed/bathroom are located on the bottom floor. The master bedroom retreat includes a huge walk-in closet and private patio area. The elegant master bath has 2 sinks, 2 closet areas, a jacuzzi tub & separate walk in shower. The laundry room/cedar closet is connected to the master bath. A nice sized guest room is located down the hall with its own private bathroom. Head up the stairs, to the 2nd floor, to enjoy the breathtaking views in the huge open & airy living room, that overlooks beach. Step out onto the connected balcony at sunset & get lost in the beauty of beach life at its finest. During the day all of the big windows, radiate natural light that extends into the dining room & vintage wet bar area. Adjacent to the dining room step down to a small office area and across is a 1/2 bath. The spacious custom kitchen is fit for a chef & connects to the back patio & breakfast nook. The family room runs along the Corona side with more views & large windows. Units: 2 large-1 bedroom 1 bath units have ocean views as well & are identical in their layouts. Single unit is rented out to long term tenant. There are also 2-2 car garages, currently being used by owners. Pride of ownership don't miss out!
Last Agent to Sell the Property
Vanessa Colonna
Vanessa Colonna, Broker License #01339304 Listed on: 10/05/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,094
Year Built
- Built in 1951 | Remodeled
Lot Details
- 2,361 Sq Ft Lot
- Beach Front
- 1 Common Wall
- West Facing Home
- Security Fence
- Wrought Iron Fence
- Pipe Fencing
- Stucco Fence
- Fence is in good condition
- Corner Lot
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- Second Garage
- 4 Car Direct Access Garage
- Side Facing Garage
- Two Garage Doors
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
- Controlled Entrance
Property Views
- Ocean
- Coastline
- Catalina
- Panoramic
- City Lights
- Mountain
- Neighborhood
Home Design
- Contemporary Architecture
- Split Level Home
- Quadruplex
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Slate Roof
- Rolled or Hot Mop Roof
- Elastomeric Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 4,252 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Wet Bar
- Dual Staircase
- Built-In Features
- Bar
- Beamed Ceilings
- Cathedral Ceiling
- Skylights
- Recessed Lighting
- Gas Fireplace
- Double Pane Windows
- Awning
- Insulated Windows
- Tinted Windows
- Custom Window Coverings
- Blinds
- Window Screens
- Double Door Entry
- Sliding Doors
- Insulated Doors
- Family Room
- Living Room with Fireplace
- Living Room with Attached Deck
- Home Office
- Library
- Utility Room
Kitchen
- Double Self-Cleaning Convection Oven
- Gas Oven
- Built-In Range
- Free-Standing Range
- Range Hood
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- Primary Bedroom Suite
- Walk-In Closet
- Mirrored Closets Doors
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Laundry in Garage
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Window Bars
- Alarm System
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Adaptable For Elevator
- Grab Bar In Bathroom
- Halls are 36 inches wide or more
- Doors swing in
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
- Low Pile Carpeting
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Property has ocean access
- Living Room Balcony
- Exterior Lighting
- Outdoor Storage
- Rain Gutters
Location
- Across the Road from Lake or Ocean
- Urban Location
Utilities
- Forced Air Heating and Cooling System
- Radiant Heating System
- Vented Exhaust Fan
- Natural Gas Connected
- Gas Water Heater
- Satellite Dish
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Legal Lot and Block 26 / 28
- Tax Tract Number 3750
- Assessor Parcel Number 7247024022
Community Details
Overview
- No Home Owners Association
- 4 Units
- Belmont Shore Subdivision
Amenities
- Laundry Facilities
Recreation
- Fishing
- Dog Park
- Water Sports
- Bike Trail
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $800
- Insurance Expense $4,800
- Maintenance Expense $5,000
- Pest Control $720
- Water Sewer Expense $1,152
- New Taxes Expense $35,200
- Operating Expense $48,198
- Gross Income $57,600
- Net Operating Income $44,602
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2020
Closed on
Feb 4, 2021
Sold by
Jec Investments Llc
Bought by
Jec Investment Llc
Seller's Agent
Vanessa Colonna
Vanessa Colonna, Broker
Buyer's Agent
Tin-Jon Syiau
Revaa Realty Inc
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Total Days on Market
23
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
$548,359
Avg. Annual Appreciation
4.88%
Original Mortgage
$1,560,000
Outstanding Balance
$1,413,062
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,802,286
Purchase Details
Listed on
Oct 5, 2020
Closed on
Nov 4, 2020
Sold by
Colonna Antoinette Carol
Bought by
Jec Investments Llc
Seller's Agent
Vanessa Colonna
Vanessa Colonna, Broker
Buyer's Agent
Tin-Jon Syiau
Revaa Realty Inc
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Purchase Details
Closed on
Jul 12, 2016
Sold by
Colonna Antoinette C
Bought by
Colonna Antoinette Carol and Antoinette Carol Colonna Separate Proper
Purchase Details
Closed on
Nov 19, 1998
Sold by
Layton Eugene
Bought by
Colonna Antoinette C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jec Investment Llc | -- | Orange Coast Ttl Co Of Nocal | |
| Jec Investments Llc | $2,600,000 | Ticor Title | |
| Colonna Antoinette Carol | -- | None Available | |
| Colonna Antoinette C | -- | United Title Company | |
| Colonna Antoinette C | -- | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Jec Investment Llc | $1,560,000 | |
| Previous Owner | Colonna Antoinette C | $650,000 | |
| Previous Owner | Colonna Antoinette C | $529,250 | |
| Previous Owner | Colonna Antoinette C | $250,000 | |
| Previous Owner | Colonna Antoinette C | $585,000 | |
| Previous Owner | Colonna Antoinette C | $465,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2020 12/15/20 | Sold | $2,600,000 | -5.5% | $611 / Sq Ft |
| 10/05/2020 10/05/20 | For Sale | $2,750,000 | -- | $647 / 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 | $35,094 | $2,759,140 | $1,910,174 | $848,966 |
| 2023 | $34,511 | $2,705,040 | $1,872,720 | $832,320 |
| 2022 | $32,362 | $2,652,000 | $1,836,000 | $816,000 |
| 2021 | $31,741 | $2,600,000 | $1,800,000 | $800,000 |
| 2020 | $14,541 | $1,148,108 | $428,442 | $719,666 |
| 2019 | $14,371 | $1,125,612 | $420,042 | $705,570 |
| 2018 | $14,020 | $1,103,557 | $411,806 | $691,751 |
| 2016 | $12,884 | $1,059,976 | $395,816 | $664,160 |
| 2015 | $12,366 | $1,044,055 | $389,871 | $654,184 |
| 2014 | $12,282 | $1,023,604 | $382,234 | $641,370 |
Source: Public Records
Agents Affiliated with this Home
-
V
Seller's Agent in 2020
Vanessa Colonna
Vanessa Colonna, Broker
-
Tin-Jon Syiau
Buyer's Agent in 2020
Tin-Jon Syiau
Revaa Realty Inc
(888) 584-9427
1 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20199787
APN: 7247-024-022
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