Gerry Nicks
Responds Quickly
Keller Williams Realty
(424) 370-0766
164 Total Sales
5 in DeForest Park
$160K - $750K Price Range
540 E 64th St Long Beach, CA 90805
DeForest Park Neighborhood
1
Bed
1
Bath
9,964
Sq Ft
0.32
Acre Lot
About This Home
As of October 2019pleased to present 540 East 64th Street in Long Beach. This value-add asset is located within the Jordan neighborhood of Long Beach. This exciting investment opportunity is proximate to the 710 & 91 freeways, Blueline and Long Beach Airport allowing for easy access to transportation to major business hubs.
540 East 64th Street is a two-story apartment building built in 1960. This unique sixteen-unit apartment building is
comprised of sixteen (16) large one-bedroom/one-bathroom units totaling 9,964 square feet. There are sixteen (16)
carport parking spaces, an on-site laundry room and secure gated entry. This is a true value-add opportunity and a pride of ownership building where the units have been held in great condition over the years.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02023847 Listed on: 07/15/2019
Last Buyer's Agent
Lyon Stahl Investment Real Estate, Inc. License #02023847 Listed on: 07/15/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 13,756 Sq Ft Lot
- Two or More Common Walls
- Density is 26-30 Units/Acre
Home Design
- Property Attached
Interior Spaces
- 9,964 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Bathroom
Parking
- 16 Parking Spaces
- 16 Carport Spaces
- Parking Available
Additional Features
- Urban Location
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 23815
- Assessor Parcel Number 7115028002
Community Details
Building Details
- 16 Leased Units
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 1 Separate Water Meter
- New Taxes Expense $34,669
- Operating Expense $75,869
- Gross Income $1,800
- Net Operating Income $112,171
Additional Features
- 16 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2019
Closed on
Aug 29, 2019
Sold by
Sousa Albert and Sousa Natalie L
Bought by
Seller's Agent
Nico Rosmarin
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Nico Rosmarin
Lyon Stahl Investment Real Estate, Inc.
List Price
$2,815,000
Sold Price
$2,931,000
Premium/Discount to List
$116,000
4.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,620,000
Interest Rate
3.4%
Purchase Details
Closed on
Apr 20, 2013
Sold by
Sousa Albert and Sousa Natalie L
Bought by
Sousa Albert and Sousa Natalie L
Purchase Details
Closed on
Dec 19, 2000
Sold by
Donascimento Mario J and Donascimento Filomena N
Bought by
Sousa Albert and Sousa Natalie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
7.71%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in DeForest Park, CA
-
Gerry Nicks
-
Marivel Kuenstler
Marivel Kuenstler
Compass
(562) 246-9516
87 Total Sales
1 in DeForest Park
$697,500 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
170 Total Sales
1 in DeForest Park
$650,000 Price
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
123 Total Sales
1 in DeForest Park
$805,000 Price
-
Robert Vanbeveran
Robert Vanbeveran
Elite Homes Realty
(657) 256-5962
7 Total Sales
2 in DeForest Park
$749,990 Price Range
-
Cody Charnell
Cody Charnell
Responds QuicklySage Real Estate Group, Inc.
(424) 788-0870
52 Total Sales
1 in DeForest Park
$1,120,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,931,000 | Chicago Title Company | ||
| Sousa Albert | -- | None Available | |
| Sousa Albert | $466,000 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,000,000 | ||
| Closed | 540 E 64Th St Llc | $1,620,000 | |
| Previous Owner | Sousa Albert | $302,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/16/2019 10/16/19 | Sold | $2,931,000 | +4.1% | $294 / Sq Ft |
| 07/30/2019 07/30/19 | Pending | -- | -- | -- |
| 07/15/2019 07/15/19 | For Sale | $2,815,000 | -- | $283 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $44,404 | $3,269,579 | $737,354 | $2,532,225 |
| 2025 | $44,404 | $3,205,471 | $722,897 | $2,482,574 |
| 2024 | $42,440 | $3,142,620 | $708,723 | $2,433,897 |
| 2023 | $41,699 | $3,081,001 | $694,827 | $2,386,174 |
| 2022 | $40,699 | $3,020,590 | $681,203 | $2,339,387 |
| 2021 | $38,124 | $2,961,364 | $667,847 | $2,293,517 |
| 2019 | $10,137 | $614,447 | $155,335 | $459,112 |
| 2018 | $9,688 | $602,436 | $152,290 | $450,146 |
| 2016 | $8,800 | $577,314 | $146,377 | $430,937 |
| 2015 | $8,495 | $568,643 | $144,179 | $424,464 |
| 2014 | $8,527 | $557,505 | $141,355 | $416,150 |
Source: Public Records
Agents Affiliated with this Home
-
Nico Rosmarin
Seller's Agent in 2019
Nico Rosmarin
Lyon Stahl Investment Real Estate, Inc.
(310) 425-9838
13 Total Sales
-
Chris van Vuuren
Seller Co-Listing Agent in 2019
Chris van Vuuren
Lyon Stahl Investment Real Estate, Inc.
(424) 220-8960
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19167290
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
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