Seller's Agent in 2017
Mark Kachigan
Pabst, Kinney & Associates
(562) 225-4848
5 in this area
35 Total Sales
531 Coronado Ave Long Beach, CA 90814
Bluff Heights NeighborhoodEstimated Value: $1,568,000 - $1,881,726
9
Beds
5
Baths
4,246
Sq Ft
$396/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Modern Architecture
- Laundry Room
- Woodrow Wilson High School Rated A
- No HOA
- 5 Car Garage
About This Home
As of May 2017Statewide 4-Plex in Prime Eastside on a great street. Excellent low vacancy rental area. Unit mix is 1-(3 br 2 ba), 3-(2 Br 1Ba) and 5-(Garages). Rents are below market. Owners unit has a fireplace, and private laundry. A community laundry room is shared by the other 3 tenants. Clean bldg. easy to maintain and manage. Garages are included in rent; the 3 Br has a double garage, other three units each have 1 garage space. Proforma rent is $90,000/annual (14.7 X's Gr.).
Last Agent to Sell the Property
Pabst, Kinney & Associates License #00644779 Listed on: 03/08/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 6,751 Sq Ft Lot
- Lot Dimensions are 50 x 135
- 1 Common Wall
- East Facing Home
- Wood Fence
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
- 1 Open Parking Space
- Parking Available
- Driveway
- Assigned Parking
Home Design
- Modern Architecture
- Apartment
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 4,246 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Carpet
Kitchen
- Electric Cooktop
- Laminate Countertops
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Additional Features
- Property is near public transit
- Radiant Heating System
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Tax Lot 4
- Assessor Parcel Number 7257004006
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 1 Separate Water Meter
- Electric Expense $606
- Gardener Expense $1,080
- Insurance Expense $1,400
- Maintenance Expense $4,680
- Pest Control $288
- Supplies Expense $1,065
- Water Sewer Expense $2,492
- New Taxes Expense $15,000
- Operating Expense $27,057
- Gross Income $80,472
- Net Operating Income $51,001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2023
Sold by
James Carl Wald And Azadeh Farin Living and Wald James Carl
Bought by
531 Coronado Ave Llc
Current Estimated Value
Purchase Details
Listed on
Mar 8, 2017
Closed on
Apr 10, 2017
Sold by
Wald James Carl
Bought by
Wald James Carl and Farin Azadeh
Seller's Agent
Mark Kachigan
Pabst, Kinney & Associates
Buyer's Agent
John Farin
Keller Williams Beverly Hills
List Price
$1,325,000
Sold Price
$1,241,000
Premium/Discount to List
-$84,000
-6.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$930,750
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 21, 2005
Sold by
Lanco Exchange Inc
Bought by
Colton Jack A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 20, 2005
Sold by
Pabst George H and Pabst Kristie Kinney
Bought by
Lanco Exchange Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 14, 2002
Sold by
Pabst George H and Pabst Kristie Kinney
Bought by
Pabst George H
Purchase Details
Closed on
Apr 9, 2002
Sold by
Ma Lan
Bought by
Ke Harvey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.78%
Purchase Details
Closed on
Feb 21, 2002
Sold by
Ke Harvey
Bought by
Pabst George H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.78%
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 |
|---|---|---|---|
| 531 Coronado Ave Llc | -- | None Listed On Document | |
| Wald James Carl | -- | Accommodation | |
| Wald James Carl | $1,241,000 | Western Resources Title Co | |
| Colton Jack A | $970,000 | Fidelity National Title Co | |
| Lanco Exchange Inc | -- | -- | |
| Pabst George H | -- | Fidelity Title | |
| Ke Harvey | -- | Fidelity National Title Co | |
| Pabst George H | $460,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wald James Carl | $930,750 | |
| Previous Owner | Colton Jack A | $590,000 | |
| Previous Owner | Pabst George H | $310,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/18/2017 05/18/17 | Sold | $1,241,000 | -6.3% | $292 / Sq Ft |
| 04/02/2017 04/02/17 | Pending | -- | -- | -- |
| 03/08/2017 03/08/17 | For Sale | $1,325,000 | -- | $312 / 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 | $18,531 | $1,555,500 | $1,045,500 | $510,000 |
| 2024 | $18,531 | $1,412,040 | $1,024,044 | $387,996 |
| 2023 | $18,223 | $1,384,354 | $1,003,965 | $380,389 |
| 2022 | $17,108 | $1,357,211 | $984,280 | $372,931 |
| 2021 | $16,764 | $1,330,600 | $964,981 | $365,619 |
| 2019 | $16,527 | $1,294,156 | $936,360 | $357,796 |
| 2018 | $16,054 | $1,268,840 | $918,000 | $350,840 |
| 2016 | $13,899 | $1,142,160 | $456,862 | $685,298 |
| 2015 | $13,341 | $1,125,005 | $450,000 | $675,005 |
| 2014 | $13,251 | $1,102,969 | $441,186 | $661,783 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Kachigan
-
John Farin
Buyer's Agent in 2017
John Farin
Keller Williams Beverly Hills
(310) 410-0072
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17040185
APN: 7257-004-006
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