A
Seller's Agent in 2021
Alberto Garcia
Pacific Properties Rlty Group
(562) 480-3573
1 in this area
7 Total Sales
549 E 17th St Long Beach, CA 90813
Central NeighborhoodEstimated Value: $1,062,000 - $1,247,000
2
Beds
2
Baths
3,080
Sq Ft
$365/Sq Ft
Est. Value
About This Home
As of January 2021Welcome to 17th Street Apartments, a restored Four Unit Building in the heart of Long Beach. The owner/user unit was just recently remodeled and is FHA/VA buyer ready. One unit will be delivered vacant. 17th St has oversized units and a new buyer could possibly maximize income by converting existing 1 bedroom to 2 bedroom units, buyer to verify. Building boasts a newer roof which was replaced in March of 2019. Located just 10 mins North of Downtown Long Beach and the Pike with direct access to 710 and 405 freeways. 17th Street has a potential pro forma Cap Rate of 6.4% and potential pro forma GRM of 8.2.
Last Agent to Sell the Property
Pacific Properties Rlty Group License #01750839 Listed on: 11/10/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 2,037 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- 3,080 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 26
- Assessor Parcel Number 7269034007
Community Details
Overview
- 4 Units
- Poly High Subdivision
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,400
- Other Expense $240
- Water Sewer Expense $1,200
- New Taxes Expense $12,500
- Operating Expense $15,340
- Gross Income $57,600
- Net Operating Income $46,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2017
Closed on
Aug 2, 2017
Sold by
Brown Gloria J
Bought by
Myers Jacob
Seller's Agent
Roseann Claiborne
Century 21 Coastal Properties
Buyer's Agent
Alberto Garcia
Realty Network
List Price
$649,000
Sold Price
$610,000
Premium/Discount to List
-$39,000
-6.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,664
Avg. Annual Appreciation
7.64%
Original Mortgage
$610,000
Outstanding Balance
$507,224
Interest Rate
3.92%
Mortgage Type
VA
Estimated Equity
$616,440
Purchase Details
Closed on
Jan 20, 2001
Sold by
Brown Gloria Jean
Bought by
Williams Daryl Prentis
Purchase Details
Closed on
Jan 16, 2001
Sold by
Williams Alfreda L
Bought by
Williams Daryl Prentis
Purchase Details
Closed on
Oct 18, 2000
Sold by
La Salle National Bank
Bought by
Wright Gregory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.67%
Purchase Details
Closed on
Oct 11, 2000
Sold by
Wright Gregory
Bought by
Brown Gloria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.67%
Purchase Details
Closed on
Feb 25, 2000
Sold by
Loveless Sammie
Bought by
La Salle National Bank
Purchase Details
Closed on
Feb 24, 1999
Sold by
Palmer Rodney
Bought by
Loveless Sammie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.73%
Purchase Details
Closed on
Dec 2, 1998
Sold by
Meng Mark
Bought by
Palmer Rodney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.73%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Myers Jacob | $610,000 | Priority Title | |
| Williams Daryl Prentis | -- | Northern Counties Title Ins | |
| Williams Daryl Prentis | -- | Northern Counties Title Ins | |
| Wright Gregory | $180,000 | Fidelity Title | |
| Brown Gloria | $320,000 | Benefit Land Title Company | |
| La Salle National Bank | $253,831 | Chicago Title Co | |
| Loveless Sammie | $280,000 | Chicago Title | |
| Palmer Rodney | $167,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Myers Jacob | $610,000 | |
| Previous Owner | Brown Gloria | $256,000 | |
| Previous Owner | Loveless Sammie | $252,000 | |
| Previous Owner | Palmer Rodney | $175,000 | |
| Closed | Palmer Rodney | $5,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/04/2021 01/04/21 | Sold | $855,000 | -2.3% | $278 / Sq Ft | |
| 11/27/2020 11/27/20 | Pending | -- | -- | -- | |
| 11/10/2020 11/10/20 | For Sale | $874,900 | +43.4% | $284 / Sq Ft | |
| 09/12/2017 09/12/17 | Sold | $610,000 | 0.0% | $610,000 / Sq Ft | View Prior Sale |
| 07/31/2017 07/31/17 | Pending | -- | -- | -- | |
| 07/19/2017 07/19/17 | Price Changed | $610,000 | -6.0% | $610,000 / Sq Ft | |
| 04/17/2017 04/17/17 | For Sale | $649,000 | -- | $649,000 / 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 | $12,589 | $925,477 | $432,972 | $492,505 |
| 2024 | $12,032 | $907,332 | $424,483 | $482,849 |
| 2023 | $11,826 | $889,542 | $416,160 | $473,382 |
| 2022 | $11,103 | $872,100 | $408,000 | $464,100 |
| 2021 | $8,242 | $641,218 | $210,235 | $430,983 |
| 2020 | $8,219 | $635,064 | $208,080 | $426,984 |
| 2019 | $8,121 | $622,620 | $204,000 | $418,620 |
| 2018 | $7,912 | $610,420 | $200,000 | $410,420 |
| 2016 | $5,282 | $407,316 | $76,368 | $330,948 |
| 2015 | $5,078 | $401,198 | $75,221 | $325,977 |
| 2014 | $5,059 | $393,340 | $73,748 | $319,592 |
Source: Public Records
Agents Affiliated with this Home
-
Alberto Garcia
-
Anthony Walker
Buyer's Agent in 2021
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
4 in this area
90 Total Sales
-
Roseann Claiborne
Seller's Agent in 2017
Roseann Claiborne
Century 21 Coastal Properties
(310) 722-0026
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20237152
APN: 7269-034-007
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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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