Seller's Agent in 2018
Lisa Broder
Think Boutiq Real Estate
(562) 900-4444
42 Total Sales
5570 E Ocean Blvd Long Beach, CA 90803
Peninsula NeighborhoodEstimated Value: $1,432,000 - $1,584,000
2
Beds
2
Baths
1,456
Sq Ft
$1,016/Sq Ft
Est. Value
Highlights
- Property has ocean access
- No Units Above
- Corner Lot
- Naples Bayside Academy Rated A
- Peek-A-Boo Views
- Side by Side Parking
About This Home
As of September 2018Location, location, location - and this one has it! Situated on the Long Beach Peninsula just steps from the beach and the bay. Quality built mid-century, this is a duplex with spacious 1 bedroom units, each with their own garage. Use this as income property or the possibilities are endless for designing your dream home.
Last Agent to Sell the Property
Think Boutiq Real Estate License #00917329 Listed on: 07/26/2018
Last Buyer's Agent
Lisa Broder
RE/MAX Real Estate Specialists License #00917329
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 2,297 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Corner Lot
Parking
- 2 Car Garage
- Parking Available
- Front Facing Garage
- Side by Side Parking
Property Views
- Peek-A-Boo
- Neighborhood
Home Design
- Ranch Style House
- Property Attached
- Raised Foundation
- Composition Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 1,456 Sq Ft Home
- Living Room
Kitchen
- Gas Oven
- Gas Range
- Tile Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Property has ocean access
- Exterior Lighting
Location
- Suburban Location
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
- Phone Available
Listing and Financial Details
- Legal Lot and Block 7 / 36
- Assessor Parcel Number 7245014007
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,400
- Trash Expense $500
- Water Sewer Expense $650
- New Taxes Expense $15,000
- Operating Expense $18,550
- Gross Income $46,800
- Net Operating Income $28,250
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2018
Closed on
Aug 20, 2018
Sold by
Burk Michael J and Burk Deborah J
Bought by
Lb Peninsula Properties Llc
Seller's Agent
Lisa Broder
Think Boutiq Real Estate
Buyer's Agent
Lisa Broder
Think Boutiq Real Estate
List Price
$1,200,000
Sold Price
$962,000
Premium/Discount to List
-$238,000
-19.83%
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
$517,832
Avg. Annual Appreciation
6.08%
Purchase Details
Closed on
Feb 3, 2005
Sold by
Burk Michael J and Burk Deborah J
Bought by
Burk Michael J and Burk Deborah J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Lb Peninsula Properties Llc | $962,000 | First American Title Company | |
| Burk Michael J | -- | New Century Title Company | |
| Burk Michael J | -- | New Century Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Burk Michael J | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/11/2018 09/11/18 | Sold | $962,000 | -19.8% | $661 / Sq Ft |
| 07/26/2018 07/26/18 | For Sale | $1,200,000 | -- | $824 / 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 | $13,476 | $1,073,124 | $892,413 | $180,711 |
| 2024 | $13,476 | $1,052,083 | $874,915 | $177,168 |
| 2023 | $13,251 | $1,031,455 | $857,760 | $173,695 |
| 2022 | $12,429 | $1,011,232 | $840,942 | $170,290 |
| 2021 | $12,191 | $991,404 | $824,453 | $166,951 |
| 2019 | $12,017 | $962,520 | $800,000 | $162,520 |
| 2018 | $10,010 | $802,929 | $367,515 | $435,414 |
| 2016 | $9,212 | $771,252 | $353,245 | $418,007 |
| 2015 | $8,837 | $759,668 | $347,939 | $411,729 |
| 2014 | $8,771 | $744,788 | $341,124 | $403,664 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Broder
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18181957
APN: 7245-014-007
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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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