532 Cherry Ave Long Beach, CA 90802
North Alamitos Beach Neighborhood
4
Beds
4
Baths
2,000
Sq Ft
5,351
Sq Ft Lot
Highlights
- 0.12 Acre Lot
- Laundry Room
- 1-Story Property
- Woodrow Wilson High School Rated A
- Rectangular Lot
About This Home
As of March 2025SOLD BEFORE PROCESSING. 4-Unit Apartment Building in Rose Park South. All four units are 1 bedroom, 1 bathroom, with two garages for the property.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. License #01417642 Listed on: 05/29/2020
Co-Listed By
Caleb Baldwin
INTI Realty License #02056751
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,495
Year Built
- Built in 1959
Lot Details
- 5,351 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Legal Lot and Block 4 / F
- Assessor Parcel Number 7262025013
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $4,320
- Insurance Expense $1,800
- Water Sewer Expense $2,400
- New Taxes Expense $13,819
- Operating Expense $22,644
- Gross Income $75,480
- Net Operating Income $52,836
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 24, 2024
Closed on
Mar 6, 2025
Sold by
5Mg Investment Group Inc
Bought by
Jvl Investment 532 Cherry/Ca Llc
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Caryl Sauers
Berkshire Hathaway HomeServices California Properties
List Price
$1,150,000
Sold Price
$1,150,000
Views
37
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
$10,017
Avg. Annual Appreciation
1.82%
Original Mortgage
$862,500
Outstanding Balance
$859,619
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$300,398
Purchase Details
Listed on
May 29, 2020
Closed on
May 7, 2020
Sold by
Stambolian Aris Voskan and Aris Voskan Stambolian
Bought by
Smg Investment Group Inc
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$1,105,575
Sold Price
$1,105,575
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.83%
Original Mortgage
$995,000
Interest Rate
3.3%
Mortgage Type
Commercial
Purchase Details
Listed on
Nov 21, 2012
Closed on
Feb 12, 2013
Sold by
Stambolian Anzhela Amlikos
Bought by
Stambolian Aris Voskan and Aris Voskan Stambolian Revocable Trust
Seller's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Aris Stambolian
Invest & Exchange Rlty-Mlo
List Price
$350,000
Sold Price
$350,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.91%
Purchase Details
Listed on
Nov 21, 2012
Closed on
Feb 4, 2013
Sold by
Toprakjian Suzan
Bought by
Stambolian Aris and Aris Voskan Stambolian Revocable Trust
Seller's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Aris Stambolian
Invest & Exchange Rlty-Mlo
List Price
$350,000
Sold Price
$350,000
Purchase Details
Listed on
Nov 21, 2012
Closed on
Jan 2, 2013
Sold by
Mendoza Nestor and Mendoza Judith
Bought by
Toprakjian Suzan
Seller's Agent
Belinda Hernandez
T.N.G. Real Estate Consultants
Buyer's Agent
Aris Stambolian
Invest & Exchange Rlty-Mlo
List Price
$350,000
Sold Price
$350,000
Purchase Details
Closed on
Aug 7, 2006
Sold by
Newell Tracey and West Victoria
Bought by
Mendoza Nestor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 28, 2006
Sold by
Newell Tracey
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jul 19, 2006
Sold by
Newell Tracey and West Victoria
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,250
Interest Rate
2%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 26, 2005
Sold by
Newell Tracey
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2005
Sold by
George Daniel Lorren and Macsween George Sandra Lynn
Bought by
Newell Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
2.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2001
Sold by
Hanson Kenneth F and Hanson Cathleen M
Bought by
George Daniel Lorren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,616
Interest Rate
7.09%
Mortgage Type
FHA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,150,000 | Ticor Title Company | |
| Grant Deed | $1,106,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $280,000 | None Available | |
| Grant Deed | $350,000 | First American Title Co La | |
| Grant Deed | $755,000 | Ortc | |
| Grant Deed | $50,000 | Ortc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $585,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $219,000 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $862,500 | New Conventional | |
| Previous Owner | $995,000 | Commercial | |
| Previous Owner | $566,250 | Negative Amortization | |
| Previous Owner | $526,500 | New Conventional | |
| Previous Owner | $218,300 | Unknown | |
| Previous Owner | $215,616 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $1,150,000 | 0.0% | $570 / Sq Ft |
| 02/10/2025 02/10/25 | Pending | -- | -- | -- |
| 11/24/2024 11/24/24 | For Sale | $1,150,000 | +4.0% | $570 / Sq Ft |
| 05/29/2020 05/29/20 | Sold | $1,105,575 | 0.0% | $553 / Sq Ft |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- |
| 05/29/2020 05/29/20 | For Sale | $1,105,575 | +215.9% | $553 / Sq Ft |
| 01/21/2013 01/21/13 | Sold | $350,000 | 0.0% | $173 / Sq Ft |
| 11/26/2012 11/26/12 | Pending | -- | -- | -- |
| 11/21/2012 11/21/12 | For Sale | $350,000 | -- | $173 / 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 | $15,495 | $1,209,021 | $656,186 | $552,835 |
| 2024 | $15,495 | $1,185,316 | $643,320 | $541,996 |
| 2023 | $15,233 | $1,162,075 | $630,706 | $531,369 |
| 2022 | $14,297 | $1,139,290 | $618,340 | $520,950 |
| 2021 | $14,016 | $1,116,952 | $606,216 | $510,736 |
| 2020 | $5,441 | $394,630 | $281,494 | $113,136 |
| 2019 | $5,378 | $386,904 | $275,975 | $110,929 |
| 2018 | $5,173 | $379,329 | $270,564 | $108,765 |
| 2016 | $4,765 | $364,081 | $260,058 | $104,023 |
| 2015 | $4,582 | $358,613 | $256,152 | $102,461 |
| 2014 | $4,569 | $351,589 | $251,135 | $100,454 |
Source: Public Records
Agents Affiliated with this Home
-
Kristina Moore
Seller's Agent in 2025
Kristina Moore
The Moore Group
(714) 809-7608
1 in this area
27 Total Sales
-
Caryl Sauers
Buyer's Agent in 2025
Caryl Sauers
Berkshire Hathaway HomeServices California Properties
(951) 529-4369
2 in this area
30 Total Sales
-
Juan Huizar
Seller's Agent in 2020
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
2 in this area
103 Total Sales
-
C
Seller Co-Listing Agent in 2020
Caleb Baldwin
INTI Realty
-
George Bustamante
Buyer's Agent in 2020
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
42 Total Sales
-
Belinda Hernandez
Seller's Agent in 2013
Belinda Hernandez
T.N.G. Real Estate Consultants
(626) 428-2996
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20101522
APN: 7262-025-013
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
- 480 Cherry Ave
- 2009 E 7th St
- 1919 E Beverly Way
- 732 Saint Louis Ave
- 750 Saint Louis Ave
- 1944 E 4th St
- 2135 E Florida St Unit 7
- 419 Rose Ave
- 2415 E 7th St
- 1738 E 4th St Unit 1
- 833 Cherry Ave
- 841 Cherry Ave
- 602 Stanley Ave
- 915 Cherry Ave
- 1631 E 4th St
- 1719 E Florida St
- 326 Hermosa Ave Unit 7
- 916 Gardenia Ave
- 2521 E 7th St
- 2122 E 10th St