Seller's Agent in 2020
Gia Silva
INTI Realty
(562) 572-4978
2 in this area
84 Total Sales
550 Rose Ave Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,414,000 - $1,646,000
7
Beds
4
Baths
2,872
Sq Ft
$537/Sq Ft
Est. Value
Highlights
- 0.18 Acre Lot
- Craftsman Architecture
- Bonus Room
- Long Beach Polytechnic High School Rated A
- Property is near public transit
- Side by Side Parking
About This Home
As of October 2020550 Rose is just steps from Retro Row, Belmont Shore, Downtown and all Long Beach living a bike ride away. This is your perfect opportunity to live in a gorgeous Long Beach craftsman while collecting rents on your 2 back units, or as an investor, you have the opportunity to maximize rents in this prime location. The front three bedroom, two bathroom unit has been beautifully remodeled; new kitchen countertops, cabinets, appliances and bathroom tile and dual vanity. There's also a bonus room right off the living room ideal for an office, playroom, music/art room with a side private door leading to the driveway. Your back two spacious units have a shared patio area, private entry and ample parking- There is a total of 3 separate garages that can be used for parking or storage, along with 3 assigned spaces and your long driveway which can easily fit up to 5 cars. Wait. There's more...All units also each have washer/dryer hookups.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1918 | Remodeled
Lot Details
- 7,968 Sq Ft Lot
- 1 Common Wall
- Front Yard
- Density is 2-5 Units/Acre
Parking
- 3 Car Garage
- 8 Open Parking Spaces
- Parking Available
- Side by Side Parking
- Driveway
Home Design
- Triplex
- Craftsman Architecture
- Raised Foundation
- Composition Roof
Interior Spaces
- 2,872 Sq Ft Home
- Ceiling Fan
- Living Room
- Bonus Room
Kitchen
- Gas Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Floor Furnace
- Wall Furnace
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 2974
- Assessor Parcel Number 7266024025
Community Details
Overview
- 2 Buildings
- 3 Units
- Alamitos Beach Subdivision
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $26,778
- Gross Income $100,800
- Net Operating Income $70,998
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 20, 2025
Sold by
Shen Ling and Hua Huang Wei
Bought by
Shen Ling And Wei Hua Huang Family Trust and Ling
Current Estimated Value
Purchase Details
Listed on
Sep 15, 2020
Closed on
Oct 21, 2020
Sold by
Hollyvale Rental Holdings Llc
Bought by
Ling Shen and Huang Wei Hua
Seller's Agent
Gia Silva
INTI Realty
Buyer's Agent
Jasmina Blount
Trends RE Inc.
List Price
$1,249,000
Sold Price
$1,250,000
Premium/Discount to List
$1,000
0.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$937,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 14, 2020
Closed on
Mar 4, 2020
Sold by
Lecanu Fayet Raynald and Lecanu Fayet Mimi
Bought by
Hollyvale Rental Holdings Llc
Seller's Agent
Brian Noh
Nohco Real Estate
Buyer's Agent
Brian Noh
Nohco Real Estate
List Price
$999,000
Sold Price
$930,000
Premium/Discount to List
-$69,000
-6.91%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.73%
Purchase Details
Closed on
Jul 26, 2005
Sold by
Azarian Ralph and 2004 Azarian Family Trust
Bought by
Lecanu Fayet Reynald and Lecanu Fayet Mimi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 5, 2004
Sold by
Azarian Marcel and Azarian Esther
Bought by
Azarian Marcel and Azarian Esther
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shen Ling And Wei Hua Huang Family Trust | -- | None Listed On Document | |
| Ling Shen | $1,250,000 | Ticor Title Ncs | |
| Hollyvale Rental Holdings Llc | $930,000 | Chicago Title Company | |
| Lecanu Fayet Reynald | $685,000 | Commonwealth Title | |
| Azarian Marcel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ling Shen | $937,500 | |
| Previous Owner | Lecanu Fayet Reynald | $588,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2020 10/27/20 | Sold | $1,250,000 | +0.1% | $435 / Sq Ft | |
| 09/25/2020 09/25/20 | Pending | -- | -- | -- | |
| 09/15/2020 09/15/20 | For Sale | $1,249,000 | +34.3% | $435 / Sq Ft | |
| 03/06/2020 03/06/20 | Sold | $930,000 | -6.9% | $324 / Sq Ft | View Prior Sale |
| 01/14/2020 01/14/20 | For Sale | $999,000 | -- | $348 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $17,231 | $1,353,038 | $876,769 | $476,269 |
| 2024 | $17,231 | $1,326,509 | $859,578 | $466,931 |
| 2023 | $16,945 | $1,300,500 | $842,724 | $457,776 |
| 2022 | $15,905 | $1,275,000 | $826,200 | $448,800 |
| 2021 | $15,594 | $1,250,000 | $810,000 | $440,000 |
| 2020 | $10,978 | $855,942 | $499,822 | $356,120 |
| 2019 | $9,953 | $765,000 | $445,100 | $319,900 |
| 2018 | $9,123 | $710,000 | $413,100 | $296,900 |
| 2016 | $6,857 | $550,000 | $320,000 | $230,000 |
| 2015 | $6,230 | $510,000 | $296,700 | $213,300 |
| 2014 | $5,857 | $470,000 | $273,400 | $196,600 |
Source: Public Records
Agents Affiliated with this Home
-
Gia Silva
-
Brian Noh
Seller's Agent in 2020
Brian Noh
Nohco Real Estate
(213) 804-7647
138 Total Sales
-
Jasmina Blount
J
Buyer's Agent in 2020
Jasmina Blount
Trends RE Inc.
(949) 610-6954
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20191753
APN: 7266-024-025
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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