Seller's Agent in 2018
Scott Hamilton
Engel & Völkers Long Beach
(562) 481-3800
13 Total Sales
5480 E Atherton St Long Beach, CA 90815
Park Estates Neighborhood
5
Beds
4
Baths
22,775
Sq Ft
0.59
Acres
Highlights
- 25,815 Sq Ft lot
- Laundry Room
- 3-minute walk to Bouton Creek Park
- Bixby Elementary School Rated 9+
About This Home
As of April 2018Atherton Street is a pride of ownership 27-unit community with excellent frontage on Atherton Street just west of Bellflower Boulevard
in the desirable Los Altos submarket. The community benefits greatly from being directly across the street from a YMCA and California State University Long Beach. Furthermore, the community is within walking distance from the Los Altos Market Center which has 300 thousand
square feet of retail with over 25 stores including Target, Sears, CVS, Rite Aid, LA Fitness, Trader Joes, and Lazy Acres. These drivers provide
residents with a tremendous amount of employment, shopping, and venues for residents all within a 5 minute walk. Furthermore, the Long
Beach transit routes run along both Atherton Street and Bellflower Boulevard providing residents with affordable transportation to many
locations in Long Beach and beyond. Atherton Street is situated on 0.59 acres of land consisting of a two story wood frame constructed building with pitched roofs and is individually metered for electricity and gas. The community offers large floor plans in the submarket with the one and two bedroom units averaging roughly 811 square feet. Community amenities include a garden area, laundry facility, and garage parking. The community
was built in1961 with the iconic mid-century modern design.
Last Agent to Sell the Property
Engel & Völkers Long Beach License #01125930 Listed on: 02/18/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 0.59 Acre Lot
- Two or More Common Walls
Parking
- 20 Car Garage
Home Design
- 22,775 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 009
- Tax Tract Number 2
- Assessor Parcel Number 7240002009
Community Details
Building Details
- 28 Separate Electric Meters
- 28 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $6,274
- Gardener Expense $1,920
- Insurance Expense $6,380
- Maintenance Expense $6,750
- Other Expense $4,050
- Professional Management Expense $36,096
- Trash Expense $6,286
- Water Sewer Expense $18,823
- New Taxes Expense $107,500
- Operating Expense $198,891
- Gross Income $617,339
- Net Operating Income $418,448
Additional Features
- 27 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2018 04/16/18 | Sold | $8,600,000 | 0.0% | $378 / Sq Ft |
| 03/13/2018 03/13/18 | Price Changed | $8,600,000 | -6.5% | $378 / Sq Ft |
| 02/18/2018 02/18/18 | For Sale | $9,200,000 | -- | $404 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $123,844 | $9,707,955 | $5,689,144 | $4,018,811 |
| 2024 | $123,844 | $9,517,604 | $5,577,593 | $3,940,011 |
| 2023 | $121,763 | $9,330,985 | $5,468,229 | $3,862,756 |
| 2022 | $114,261 | $9,148,025 | $5,361,009 | $3,787,016 |
| 2021 | $111,987 | $8,968,653 | $5,255,892 | $3,712,761 |
| 2019 | $110,386 | $8,709,815 | $5,100,000 | $3,609,815 |
| 2018 | $93,768 | $7,402,175 | $4,080,000 | $3,322,175 |
| 2016 | $34,604 | $2,642,686 | $734,076 | $1,908,610 |
| 2015 | $33,280 | $2,602,991 | $723,050 | $1,879,941 |
| 2014 | $33,169 | $2,552,003 | $708,887 | $1,843,116 |
Source: Public Records
Agents Affiliated with this Home
-
Scott Hamilton
-
Jack Saida
J
Buyer's Agent in 2018
Jack Saida
Prime Associates, Inc.
(714) 875-0557
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18040072
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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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