$830,000
SOLD AUG 31, 2020
4 Beds
4 Baths
1,980 Sq Ft
3,285 Sq Ft Lot

Recently Sold

$419 Per Sq Ft

2% Below List Price

22 Days on Market

About This Home

As of August 2020

Built in 1922, this single-story property is situated on a 3,285 square foot corner lot zoned LBR3S at the intersection of 6th Street and Cerritos Avenue. The property consists of all one bedroom, one bathroom units. The entire exterior of the property has been painted within the last year. The floors and kitchens have recently been updated. All the units are individually metered for electricity and gas with individual water heaters for each unit. Located in the burgeoning "Alamitos Beach" area of Downtown Long Beach, the area has been experiencing tremendous growth in the last few years. Nestled between downtown Long Beach and Belmont Shore this charming, popular coastal neighborhood is within minutes to the best that Long Beach has to offer.

Last Agent to Sell the Property

Michael Jacobs

Kidder Mathews of California, Inc. License #01979550 Listed on: 04/20/2020

Last Buyer's Agent

Luis Cortez

COMPLETE HOME REALTY License #01858363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,655

Year Built

  • Built in 1922

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3,285 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7266-007-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,655

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1980
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Freezer, Garbage Disposal
  • Price Per S Q F T: 429.29

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 223720
  • Assessed Land Value: 470995
  • Assessor Parcel Number: 7266-007-002
  • Geocode Override: No
  • Lot Size Area: 3285

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.39
  • Number Of Units: 4
  • Total Annual Expense: 16052
  • Type Of Units: 1BR1BTH
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Aug 25, 2020
Sold by
Hummel Marry K
Bought by
Holmes Quentia and Holmes Arna
Seller's Agent
Michael Jacobs
Kidder Mathews of California, Inc.
Buyer's Agent
Luis Cortez
COMPLETE HOME REALTY
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$539,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jul 22, 2020
Sold by
Daniels Bockting Janine M and Daniels Janine M
Bought by
Hummel Mary K
Seller's Agent
Michael Jacobs
Kidder Mathews of California, Inc.
Buyer's Agent
Luis Cortez
COMPLETE HOME REALTY
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2006
Sold by
Hummel Mary K
Bought by
Hummel Mary K and Daniels Janine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,995
Interest Rate
6.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2006
Sold by
Giebenrath Larry and Knight Juli
Bought by
Hummel Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,865
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 11, 2006
Sold by
Hummel Mary K and Estate Of Brian C Daniels
Bought by
Giebenrath Larry and Knight Juli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,865
Interest Rate
6.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 4, 2003
Sold by
Manhart Suzanne Marie
Bought by
Daniels Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2003
Sold by
Manhart Raymond J
Bought by
Manhart Suzanne Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $830,000 Ticor Title
Grant Deed -- Ticor Title
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed -- Commonwealth Land Title Co
Interfamily Deed Transfer -- Commonwealth Land Title Co
Administrators Deed $590,000 Commonwealth Land Title Co
Grant Deed $490,000 Provident Title Company
Interfamily Deed Transfer -- Provident Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $755,000 New Conventional
Closed $539,500 New Conventional
Previous Owner $137,995 Credit Line Revolving
Previous Owner $490,000 Negative Amortization
Previous Owner $195,865 Seller Take Back
Previous Owner $392,000 Purchase Money Mortgage
Previous Owner $100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $1,200,000 0.0% $606 / Sq Ft
03/28/2025 03/28/25 Rented $1,700 0.0% --
03/27/2025 03/27/25 Off Market $1,700 -- --
03/05/2025 03/05/25 For Rent $1,700 +6.3% --
11/13/2023 11/13/23 Rented $1,600 0.0% --
11/13/2023 11/13/23 Off Market $1,600 -- --
08/14/2023 08/14/23 For Rent $1,600 0.0% --
08/08/2023 08/08/23 Off Market $1,600 -- --
08/01/2023 08/01/23 For Rent $1,600 0.0% --
07/31/2023 07/31/23 Off Market $1,600 -- --
07/14/2023 07/14/23 For Rent $1,600 0.0% --
08/31/2020 08/31/20 Sold $830,000 -2.4% $419 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $850,000 0.0% $429 / Sq Ft
10/12/2012 10/12/12 Rented $795 0.0% --
10/12/2012 10/12/12 Under Contract -- -- --
09/24/2012 09/24/12 For Rent $795 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $11,655 $880,802 $573,052 $307,750
2023 $11,454 $863,532 $561,816 $301,716
2022 $10,753 $846,600 $550,800 $295,800
2021 $10,535 $830,000 $540,000 $290,000
2020 $9,497 $737,234 $499,822 $237,412
2019 $9,385 $722,779 $490,022 $232,757
2018 $9,130 $708,608 $480,414 $228,194
2016 $8,407 $681,094 $461,760 $219,334
2015 $8,072 $670,864 $454,824 $216,040
2014 $8,026 $657,724 $445,915 $211,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-572244

The MLS

APN: 7266-007-002