Seller's Agent in 2020
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
2 in this area
104 Total Sales
534 Cherry Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,249,000 - $1,676,000
6
Beds
4
Baths
3,656
Sq Ft
$389/Sq Ft
Est. Value
Highlights
- 0.14 Acre Lot
- Dual Staircase
- Traditional Architecture
- Woodrow Wilson High School Rated A
- Property is near a park
- Wood Flooring
About This Home
As of January 2020We are pleased to present 534 Cherry located in the Rose Park South Historic District. 4 large Large units 900 square feet each, nicely upgraded. Each unit comes with their own interior laundry hookups and garage. Major systems have been upgraded, plumbing, electrical and garage roof. Upstairs units are used as two bedrooms and downstairs are one bedroom. Great Walkscore 93 - one block north from Retro Row with independent merchants, coffee shops and eateries. Proforma rents are reflected as 2-3 of the units can be delivered vacant at close of escrow.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. License #01417642 Listed on: 12/27/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,584
Year Built
- Built in 1924
Lot Details
- 6,251 Sq Ft Lot
- No Common Walls
- East Facing Home
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Driveway
- Off-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Flat Roof Shape
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 3,656 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Built-In Features
- Crown Molding
- Ceiling Fan
- Decorative Fireplace
- Gas Range
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Accessible Home Design
- Accessibility Features
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 4 / F
- Tax Tract Number 5768
- Assessor Parcel Number 7262025012
Community Details
Overview
- 4 Units
Recreation
- Dog Park
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Gardener Expense $1,200
- Insurance Expense $2,400
- Maintenance Expense $3,000
- Professional Management Expense $1,246
- Water Sewer Expense $3,600
- New Taxes Expense $13,438
- Operating Expense $25,884
- Gross Income $86,280
- Net Operating Income $60,396
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 27, 2019
Closed on
Jan 7, 2020
Sold by
Fernandez Mary Ann and The Randaldo Loya 2012 Trust
Bought by
Widenet Properties Llc
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Juan Huizar
Sage Real Estate Group, Inc.
List Price
$1,075,000
Sold Price
$1,100,000
Premium/Discount to List
$25,000
2.33%
Total Days on Market
5
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
$323,850
Avg. Annual Appreciation
2.83%
Purchase Details
Closed on
Aug 22, 2014
Sold by
Loya Ranaldo
Bought by
Loya Ranaldo and The Ranaldo Loya 2012 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,462
Interest Rate
4.11%
Mortgage Type
VA
Purchase Details
Closed on
Feb 7, 2014
Sold by
Loya Ranaldo
Bought by
Loya Ranaldo and Ranaldo Loya 2012 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,341
Interest Rate
3.75%
Mortgage Type
VA
Purchase Details
Closed on
Jan 22, 2014
Sold by
Loya Ranaldo
Bought by
Loya Ranaldo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,341
Interest Rate
3.75%
Mortgage Type
VA
Purchase Details
Closed on
Sep 7, 2005
Sold by
Fernandez Mary A
Bought by
Fernandez Mary A and The Mary A Fernandez 2005 Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 13, 2005
Sold by
Kleekamp Herbert J
Bought by
Loya Ranaldo and Fernandez Mary Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Nov 4, 2004
Sold by
Heneghan Daniel
Bought by
Kleekamp Herbert J and Kleekamp Theresa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 11, 2001
Sold by
Johnson Stephen L
Bought by
Heneghan Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,777
Interest Rate
6.9%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 30, 1998
Sold by
Yandle Chris A
Bought by
Johnson Stephen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,367
Interest Rate
6.73%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 4, 1998
Sold by
Frings James A
Bought by
Johnson Stephen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,367
Interest Rate
6.73%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 18, 1996
Sold by
Cahn Lawrence L
Bought by
Yandle Chris A and Frings James A
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 |
|---|---|---|---|
| Widenet Properties Llc | $1,100,000 | Old Republic Title | |
| Loya Ranaldo | -- | Pacific Coast Title Company | |
| Loya Ranaldo | -- | Pacific Coast Title Company | |
| Loya Ranaldo | -- | Orange Coast Title | |
| Loya Ranaldo | -- | Orange Coast Title | |
| Fernandez Mary A | -- | -- | |
| Loya Ranaldo | $975,000 | Fidelity National Title Co | |
| Kleekamp Herbert J | $745,000 | Lawyers Title | |
| Heneghan Daniel | $338,000 | Commonwealth Land Title Co | |
| Johnson Stephen L | $120,500 | Commonwealth Land Title Co | |
| Johnson Stephen L | $120,500 | Commonwealth Land Title Co | |
| Yandle Chris A | -- | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Widenet Properties Llc | $770,000 | |
| Previous Owner | Loya Ranaldo | $596,948 | |
| Previous Owner | Loya Ranaldo | $595,462 | |
| Previous Owner | Loya Ranaldo | $586,341 | |
| Previous Owner | Loya Ranaldo | $600,000 | |
| Previous Owner | Kleekamp Herbert J | $596,000 | |
| Previous Owner | Heneghan Daniel | $100,000 | |
| Previous Owner | Heneghan Daniel | $355,000 | |
| Previous Owner | Heneghan Daniel | $332,777 | |
| Previous Owner | Johnson Stephen L | $40,000 | |
| Previous Owner | Johnson Stephen L | $239,367 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $1,100,000 | +2.3% | $301 / Sq Ft |
| 01/29/2020 01/29/20 | Price Changed | $1,075,000 | 0.0% | $294 / Sq Ft |
| 01/01/2020 01/01/20 | Pending | -- | -- | -- |
| 12/27/2019 12/27/19 | For Sale | $1,075,000 | -- | $294 / 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 | $15,584 | $1,203,006 | $656,186 | $546,820 |
| 2024 | $15,584 | $1,179,419 | $643,320 | $536,099 |
| 2023 | $15,323 | $1,156,294 | $630,706 | $525,588 |
| 2022 | $14,390 | $1,133,623 | $618,340 | $515,283 |
| 2021 | $14,098 | $1,111,396 | $606,216 | $505,180 |
| 2020 | $13,977 | $1,100,560 | $701,600 | $398,960 |
| 2019 | $14,074 | $1,100,560 | $701,600 | $398,960 |
| 2018 | $12,209 | $960,560 | $612,300 | $348,260 |
| 2016 | $9,804 | $800,000 | $510,200 | $289,800 |
| 2015 | $8,874 | $740,000 | $471,900 | $268,100 |
| 2014 | $8,225 | $680,000 | $433,600 | $246,400 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW19284825
APN: 7262-025-012
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