M
Seller's Agent in 2023
Marjorie Bracken
T.N.G. Real Estate Consultants
(323) 742-6009
1 in this area
13 Total Sales
5526 Dairy Ave Long Beach, CA 90805
Dairy NeighborhoodEstimated Value: $1,015,000 - $1,221,000
8
Beds
4
Baths
3,376
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Lawn
- Cooling System Mounted To A Wall/Window
- Heating Available
- No HOA
- Laundry Room
- 3-minute walk to Burton W. Chace Park
About This Home
As of August 2023Welcome to Long Beach, a prime rental area offering an amazing investment opportunity. This property features 4 units: All units have similar floor plans which is a spacious living, dining area and kitchen, with 2 good sized bedrooms and 1 bath. The property includes four one-car garages, and a currently not utilized laundry/utility room. Long-term tenants with a history of on-time payments provide stability. Don't miss out on this opportunity!
Last Agent to Sell the Property
T.N.G. Real Estate Consultants License #02103677 Listed on: 05/29/2023
Last Buyer's Agent
Sam Alherech
Buckingham Investments, Inc License #02148135
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 5,474 Sq Ft Lot
- Two or More Common Walls
- Lawn
- Front Yard
Parking
- 6 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 3,376 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Location
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 5 / 32
- Tax Tract Number 5992
- Assessor Parcel Number 7126024003
- $851 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
- North Long Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Fuel Expense $840
- Gardener Expense $1,200
- Insurance Expense $1,800
- Maintenance Expense $2,000
- Other Expense $5,424
- Trash Expense $1,380
- Water Sewer Expense $1,680
- Operating Expense $14,325
- Net Operating Income $51,076
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 29, 2023
Closed on
Aug 1, 2023
Sold by
Alherech Wissam
Bought by
Bholat Tasneem
Seller's Agent
Marjorie Bracken
T.N.G. Real Estate Consultants
Buyer's Agent
Sam Alherech
Buckingham Investments, Inc
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
80
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
$135,443
Avg. Annual Appreciation
5.59%
Original Mortgage
$712,500
Outstanding Balance
$695,121
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$390,322
Purchase Details
Listed on
May 29, 2023
Closed on
Jul 13, 2023
Sold by
Alvarez Jose Ismael
Bought by
Bholat Tasneem
Seller's Agent
Marjorie Bracken
T.N.G. Real Estate Consultants
Buyer's Agent
Sam Alherech
Buckingham Investments, Inc
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$695,121
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$390,322
Purchase Details
Closed on
May 19, 2023
Sold by
Alvarez Jose Ismael and Alvarez Carmen J
Bought by
Alvarez Jose Ismael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Outstanding Balance
$695,121
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$390,322
Purchase Details
Closed on
Nov 18, 2005
Sold by
Alvarez Jose Ismael
Bought by
Alvarez Jose Ismael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 14, 2005
Sold by
Alvarez J Carmen J and Alvarez Alicia
Bought by
Alvarez Jose Ismael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
5.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 17, 2002
Sold by
Alvarez J Carmen J and Alvarez Alicia
Bought by
Alvarez J Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.97%
Purchase Details
Closed on
Oct 19, 1993
Sold by
Long Beach Trading Company Inc
Bought by
Alvarez J Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.97%
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 |
|---|---|---|---|
| Bholat Tasneem | -- | Ticor Title | |
| Bholat Tasneem | $950,000 | Ticor Title | |
| Alvarez Jose Ismael | -- | None Listed On Document | |
| Alvarez Jose Ismael | -- | -- | |
| Alvarez Jose Ismael | -- | -- | |
| Alvarez J Carmen | -- | Chicago Title Co | |
| Alvarez J Carmen | $240,000 | North American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bholat Tasneem | $712,500 | |
| Previous Owner | Alvarez Jose Ismael | $505,000 | |
| Previous Owner | Alvarez J Carmen | $229,000 | |
| Previous Owner | Alvarez J Carmen | $192,000 | |
| Closed | Alvarez J Carmen | $14,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $950,000 | -13.6% | $281 / Sq Ft |
| 07/11/2023 07/11/23 | Pending | -- | -- | -- |
| 07/03/2023 07/03/23 | For Sale | $1,100,000 | 0.0% | $326 / Sq Ft |
| 06/19/2023 06/19/23 | Pending | -- | -- | -- |
| 06/18/2023 06/18/23 | For Sale | $1,100,000 | 0.0% | $326 / Sq Ft |
| 06/04/2023 06/04/23 | Pending | -- | -- | -- |
| 05/29/2023 05/29/23 | For Sale | $1,100,000 | -- | $326 / 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 | $12,680 | $969,000 | $459,000 | $510,000 |
| 2024 | $12,680 | $950,000 | $450,000 | $500,000 |
| 2023 | $5,754 | $392,063 | $114,347 | $277,716 |
| 2022 | $5,421 | $384,376 | $112,105 | $272,271 |
| 2021 | $5,292 | $376,840 | $109,907 | $266,933 |
| 2019 | $5,217 | $365,665 | $106,649 | $259,016 |
| 2018 | $5,003 | $358,496 | $104,558 | $253,938 |
| 2016 | $4,594 | $344,577 | $100,499 | $244,078 |
| 2015 | $4,421 | $339,402 | $98,990 | $240,412 |
| 2014 | $4,410 | $332,754 | $97,051 | $235,703 |
Source: Public Records
Agents Affiliated with this Home
-
Marjorie Bracken
-
S
Buyer's Agent in 2023
Sam Alherech
Buckingham Investments, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23093964
APN: 7126-024-003
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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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