Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
1 in Addams
$663,000 Price
541 E Pleasant St Long Beach, CA 90805
Addams Neighborhood
11
Beds
8
Baths
11,590
Sq Ft
0.33
Acre Lot
Highlights
- 0.33 Acre Lot
- Property is near park and public transit
- Landscaped
About This Home
As of August 2014Fully occupied and well maintained multiple family dwelling property with 2 buildings and 17 units (11 one bedroom and one bath and 6 two bedroom one bath). Building entry is gated and key required for access. Owners have maintained the property well and have good tenants in place. Parking on the street and 8 spaces for tenants to park in back of the buildings. Close to shopping, parks and schools. Purchasing a property like this is a great way to earn rental income every month and to also gain equity over time. DRIVE BY ONLY. DO NOT STEP FOOT ON PROPERTY. DO NOT TALK TO TENANTS OR MANAGER. NO EXCEPTIONS.
Last Agent to Sell the Property
Shayne Lamont
Shayne Lamont, Broker License #01839813 Listed on: 03/08/2014
Last Buyer's Agent
Shayne Lamont
Shayne Lamont, Broker License #01839813 Listed on: 03/08/2014
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,316
Year Built
- Built in 1963
Lot Details
- 14,194 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Corners Of The Lot Have Been Marked
- Irregular Lot
- Sprinkler System
- Density is 16-20 Units/Acre
Parking
- 8 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Unassigned Parking
Home Design
- Property Attached
Interior Spaces
- 11,590 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Location
- Property is near park and public transit
- Urban Location
Additional Features
- Exterior Lighting
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, HVAC maintenance, insurance
- Tax Lot 14
- Tax Tract Number 19618
- Assessor Parcel Number 7130016033
Community Details
Overview
- 2 Buildings
- 17 Units
Building Details
- 17 Leased Units
- Rent Control
- 17 Separate Electric Meters
- 17 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $600
- Insurance Expense $2,000
- Maintenance Expense $18,000
- Other Expense $2,400
- Professional Management Expense $2,000
- Trash Expense $3,000
- Water Sewer Expense $11,500
- New Taxes Expense $25,461
- Operating Expense $72,061
- Gross Income $17,095
- Net Operating Income $133,079
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
Closed on
Jun 30, 2016
Sold by
Bought by
Purchase Details
Listed on
Mar 8, 2014
Closed on
Aug 20, 2014
Sold by
Bought by
Seller's Agent
Shayne Lamont
Shayne Lamont, Broker
Buyer's Agent
Shayne Lamont
Shayne Lamont, Broker
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
4.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 6, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,000
Interest Rate
5.82%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 15, 2002
Sold by
Bought by
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
6.87%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Addams, CA
-
Ramon Sanchez
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
119 Total Sales
1 in Addams
$405,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
1 in Addams
$625,000 Price
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
238 Total Sales
2 in Addams
$535K - $686K Price Range
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
256 Total Sales
1 in Addams
$525,000 Price
-
Steve Julian
Steve Julian
Luxury Collective
(747) 293-4987
171 Total Sales
4 in Addams
$600K - $658K Price Range
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 |
|---|---|---|---|
| -- | None Available | ||
| $2,200,000 | First American Title Company | ||
| -- | First American Title Ins Co | ||
| $800,000 | First 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 |
|---|---|---|---|
| Previous Owner | $1,365,000 | ||
| Previous Owner | $754,000 | ||
| Previous Owner | $600,000 |
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 |
|---|---|---|---|---|
| 08/22/2014 08/22/14 | Sold | $2,150,000 | -6.5% | $186 / Sq Ft |
| 04/12/2014 04/12/14 | Pending | -- | -- | -- |
| 03/08/2014 03/08/14 | For Sale | $2,300,000 | -- | $198 / 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 |
|---|---|---|---|---|
| 2025 | $37,130 | $2,644,061 | $600,920 | $2,043,141 |
| 2024 | $35,483 | $2,592,218 | $589,138 | $2,003,080 |
| 2023 | $34,865 | $2,541,391 | $577,587 | $1,963,804 |
| 2022 | $32,765 | $2,491,561 | $566,262 | $1,925,299 |
| 2021 | $32,052 | $2,442,708 | $555,159 | $1,887,549 |
| 2020 | $31,968 | $2,419,262 | $549,467 | $1,869,795 |
| 2019 | $31,594 | $2,371,858 | $538,694 | $1,833,164 |
| 2018 | $30,673 | $2,325,383 | $528,132 | $1,797,251 |
| 2016 | $28,209 | $2,233,550 | $507,625 | $1,725,925 |
| 2015 | $27,102 | $2,200,000 | $500,000 | $1,700,000 |
| 2014 | $17,839 | $1,353,459 | $472,590 | $880,869 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2014
Shayne Lamont
Shayne Lamont, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG14049106
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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