Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
1 in North Alamitos Beach
$383,000 Price
548 Nebraska Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,577,000 - $1,855,000
9
Beds
5
Baths
4,768
Sq Ft
$350/Sq Ft
Est. Value
Highlights
- 0.17 Acre Lot
- Accessible Parking
- Fenced
- Long Beach Polytechnic High School Rated A
- Laundry Facilities
- 4-minute walk to Miracle On Fourth Street Park
About This Home
As of October 2021We are pleased to present this 4-unit in North Alamitos Beach, blocks from Long Beach’s Retro Row! Priced at a 4.1% CAP rate at $1,600,000 this property boasts an impressive mix of (1) 3bd/2ba, (1) 2bd/1ba, and (2) 2bd/1.5ba large townhome style units. Settled on a 7,428 sqft lot, there is a detached 5 spot parking garage for additional income or potential to add an ADU with room still available for surface parking. There is also a laundry room for additional income. Pride in ownership is shown with multiple capital improvements completed - including roof, termite repair and paint. This building is all electric and has low operating expenditures for the new owner. Don’t miss out on this amazing investment opportunity!
Last Agent to Sell the Property
Sophie Shoemake
John Alden License #02143044 Listed on: 07/10/2021
Last Buyer's Agent
REY CAMARENA
COLDWELL BANKER REALTY License #01381354
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Lot Details
- 7,428 Sq Ft Lot
- Two or More Common Walls
- Fenced
- Fence is in good condition
- Density is 2-5 Units/Acre
Parking
- 5 Car Garage
Home Design
- Property Attached
- Common Roof
Interior Spaces
- 4,768 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Additional Features
- Accessible Parking
- Urban Location
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 7266017028
Community Details
Overview
- 4 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- Electric Expense $905
- Insurance Expense $1,600
- Water Sewer Expense $3,641
- Operating Expense $35,842
- Gross Income $105,108
- Net Operating Income $66,137
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
May 20, 2022
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jul 10, 2021
Closed on
Nov 1, 2021
Sold by
Bought by
Seller's Agent
Sophie Shoemake
John Alden
Buyer's Agent
REY CAMARENA
COLDWELL BANKER REALTY
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%
Original Mortgage
$945,000
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 10, 2021
Closed on
Aug 18, 2021
Sold by
Bought by
Seller's Agent
Sophie Shoemake
John Alden
Buyer's Agent
REY CAMARENA
COLDWELL BANKER REALTY
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%
Purchase Details
Closed on
Jul 1, 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
$458,500
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 13, 2000
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Alamitos Beach, CA
-
Ramon Sanchez
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
178 Total Sales
4 in North Alamitos Beach
$281K - $805K Price Range
-
Aaron Aalcides
Aaron Aalcides
Epique Realty
(424) 344-4752
61 Total Sales
2 in North Alamitos Beach
$505,000 Price Range
-
Alan Cirson
Alan Cirson
The Cirson Team
(949) 569-5527
65 Total Sales
1 in North Alamitos Beach
$485,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
3 in North Alamitos Beach
$528K - $1M Price Range
-
Angie Rebennack
Angie Rebennack
Responds QuicklyKeller Williams Pacific Estate
(669) 267-1339
56 Total Sales
2 in North Alamitos Beach
$441K - $624K 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 Listed On Document | ||
| -- | None Listed On Document | ||
| -- | Bnt Title Company Of Ca | ||
| $1,560,000 | Ticor Title | ||
| -- | Commerce Title | ||
| -- | Fidelity National Title |
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 | $945,000 | ||
| Previous Owner | $365,000 | ||
| Previous Owner | $458,500 | ||
| Previous Owner | $276,500 |
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 |
|---|---|---|---|---|
| 10/04/2021 10/04/21 | Sold | $1,560,000 | -2.5% | $327 / Sq Ft |
| 08/15/2021 08/15/21 | Pending | -- | -- | -- |
| 07/10/2021 07/10/21 | For Sale | $1,600,000 | -- | $336 / 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 | $22,149 | $1,655,484 | $1,077,126 | $578,358 |
| 2024 | $21,195 | $1,623,024 | $1,056,006 | $567,018 |
| 2023 | $20,844 | $1,591,200 | $1,035,300 | $555,900 |
| 2022 | $19,568 | $1,560,000 | $1,015,000 | $545,000 |
| 2021 | $5,263 | $361,230 | $90,476 | $270,754 |
| 2019 | $5,189 | $350,518 | $87,794 | $262,724 |
| 2018 | $4,920 | $343,646 | $86,073 | $257,573 |
| 2016 | $4,505 | $330,304 | $82,732 | $247,572 |
| 2015 | $4,339 | $325,344 | $81,490 | $243,854 |
| 2014 | $4,330 | $318,972 | $79,894 | $239,078 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2021
Sophie Shoemake
John Alden
-
John Alden
J
Seller Co-Listing Agent in 2021
John Alden
John Alden
(310) 387-3489
1 in this area
11 Total Sales
-
R
Buyer's Agent in 2021
REY CAMARENA
COLDWELL BANKER REALTY
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21150101
APN: 7266-017-028
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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