Noemy Arellano
Vida Realty
(657) 216-9210
70 Total Sales
2 in Central
$950,000 Price Range
544 E 15th St Long Beach, CA 90813
Central Neighborhood
5
Beds
3
Baths
6,613
Sq Ft
6,183
Sq Ft Lot
About This Home
As of December 2019Huge 6,613 square foot adobe style 8 unit building. Unit mix consists of (5) 1-bed/1-bath and (3) 2-bed/1-bath units. The units feature a mixture of hardwood floors, spacious dimensions, and various vintage built-ins and finishes. The building captures the essence of an ideal multifamily investment with great cash flow in an ideal rental market. Offered at over a 5% cap rate, paired with one of the lowest ppsf on the market, this is not an asset to miss!
Last Agent to Sell the Property
Christian Milner
Christian Milner Realty Group License #02059572 Listed on: 05/13/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 6,183 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 5 Car Garage
Home Design
- 6,613 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 46
- Tax Tract Number 5753
- Assessor Parcel Number 7269031011
Community Details
Overview
- 8 Units
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,645
- Water Sewer Expense $6,400
- New Taxes Expense $22,188
- Operating Expense $36,339
- Gross Income $126,294
- Net Operating Income $89,955
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
Oct 12, 2023
Sold by
Bought by
Purchase Details
Closed on
Oct 10, 2023
Sold by
Bought by
Purchase Details
Closed on
Apr 5, 2023
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 2022
Sold by
Bought by
Purchase Details
Closed on
Feb 16, 2022
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
$1,210,000
Interest Rate
4.42%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 13, 2019
Closed on
Dec 9, 2019
Sold by
Bought by
Seller's Agent
Christian Milner
Christian Milner Realty Group
Buyer's Agent
Alicia Enrique
Keller Williams Palos Verdes
List Price
$1,775,000
Sold Price
$1,630,000
Premium/Discount to List
-$145,000
-8.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
3.62%
Mortgage Type
Balloon
Purchase Details
Closed on
Feb 20, 2001
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central, CA
-
Noemy Arellano
-
Vannessa Swinford
Vannessa Swinford
First Team Real Estate
(657) 341-0938
35 Total Sales
2 in Central
$1,090,000 Price Range
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
235 Total Sales
1 in Central
$725,000 Price
-
Albert Marin
Albert Marin
Re/Max Top Producers
(951) 456-4305
65 Total Sales
1 in Central
$550,000 Price
-
Joshua Coburn
Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
50 Total Sales
1 in Central
$570,000 Price
-
Maria Guerrero
Maria Guerrero
Y Realty
(424) 552-2340
11 Total Sales
1 in Central
$445,000 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 |
|---|---|---|---|
| -- | None Listed On Document | ||
| -- | None Listed On Document | ||
| -- | -- | ||
| -- | -- | ||
| $2,000,000 | Ticor Title | ||
| -- | Old Republic Title Company | ||
| -- | Old Republic Title Company | ||
| $1,630,000 | Old Republic Title Company | ||
| -- | Southland Title Company |
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 | $1,210,000 | ||
| Previous Owner | $830,000 | ||
| Previous Owner | $2,115,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $42,921 | ||
| Previous Owner | $59,266 |
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 |
|---|---|---|---|---|
| 12/24/2019 12/24/19 | Sold | $1,630,000 | -2.7% | $246 / Sq Ft |
| 09/26/2019 09/26/19 | Price Changed | $1,675,000 | -1.5% | $253 / Sq Ft |
| 08/16/2019 08/16/19 | Price Changed | $1,700,000 | -1.4% | $257 / Sq Ft |
| 08/13/2019 08/13/19 | Price Changed | $1,725,000 | -1.4% | $261 / Sq Ft |
| 07/15/2019 07/15/19 | Price Changed | $1,750,000 | -1.4% | $265 / Sq Ft |
| 05/13/2019 05/13/19 | For Sale | $1,775,000 | -- | $268 / 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 | $28,710 | $2,122,415 | $1,273,449 | $848,966 |
| 2024 | $27,445 | $2,080,800 | $1,248,480 | $832,320 |
| 2023 | $26,481 | $2,000,000 | $1,200,000 | $800,000 |
| 2022 | $21,520 | $1,679,823 | $1,030,567 | $649,256 |
| 2021 | $21,067 | $1,646,886 | $1,010,360 | $636,526 |
| 2019 | $8,128 | $553,550 | $158,910 | $394,640 |
| 2018 | $7,841 | $542,697 | $155,795 | $386,902 |
| 2016 | $7,193 | $521,626 | $149,747 | $371,879 |
| 2015 | $6,927 | $513,792 | $147,498 | $366,294 |
| 2014 | $6,920 | $503,728 | $144,609 | $359,119 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2019
Christian Milner
Christian Milner Realty Group
-
Cameron Samimi
Seller Co-Listing Agent in 2019
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
1 in this area
205 Total Sales
-
Alicia Enrique
Buyer's Agent in 2019
Alicia Enrique
Keller Williams Palos Verdes
(310) 720-4852
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB19121206
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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