NOT LISTED FOR SALE

Estimated Value: $2,894,000 - $3,004,000

4 Beds
3 Baths
2,303 Sq Ft
$1,277/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $2,630,000 $1,142 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $18,523/month

17 Days on Market

Highlights

  • Ocean View
  • Craftsman Architecture
  • Beamed Ceilings
  • Naples Bayside Academy Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2021

This amazing Oceanfront Duplex situated on an oversized corner lot & a half, located on highly coveted Long Beach Peninsula, offers a rare opportunity to own a premier piece of the California Coastal lifestyle. This charming property offers spectacular ocean & sunset views from the front house; a Craftsman 3 bed 2 bath + den built in 1902 affording approximately 1546 sq. ft. of living space, & an equally gracious 1 bed 1 bath back unit with about 757 sq. ft., both exuding all the character you’d expect from a property built in this era. A generous front patio, perfect for year round entertaining, beckons you into the charismatic main house accented by beautiful hardwood floors, picture windows & a sitting area to enjoy those fabulous views, focal point fireplace in the living room & box beam ceilings in the dining room. There’s a wonderful den off the kitchen, then upstairs to more stunning views from the front bedroom, a middle bedroom with quaint mock fireplace, hall bath and a spacious back bedroom. The unit has a separate entrance & private outdoor space, vaulted ceilings, handsome, custom woodwork & abundant natural light throughout, including a lovely stained glass window. A full 2 car garage with 2 additional off street parking spaces complete this special property, perfect for owner occupant, live in one & rent the other, or build to suit & make your coastal dreams a reality! BE SURE TO CHECK OUT THE VIRTUAL TOUR & FLOORPLAN SKETCHES....

Last Agent to Sell the Property

Sue La Bounty

First Team Real Estate License #01161648 Listed on: 04/20/2021

First Team Real Estate

Last Buyer's Agent

Ravi Sohoni

Gatehouse Properties License #01876008

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,964

Year Built

  • Built in 1902

Lot Details

  • 3,784 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Property Views

  • Ocean
  • Coastline
  • Catalina

Home Design

  • Duplex
  • Craftsman Architecture
  • Bungalow

Interior Spaces

  • 2,303 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Floor Furnace

Community Details

  • No Home Owners Association
  • 2 Units
  • Peninsula Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 31
  • Tax Tract Number 5775
  • Assessor Parcel Number 7245018015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,964

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Peninsula (PI)
  • View: Yes
  • Zoning: LBR2I
  • Architectural Style: Bungalow, Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7245018015
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2303.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Built-in Features, Crown Molding
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1141.99
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Catalina, Coastline, Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: In Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3784.00
  • Lot Size Acres: 0.0869

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3784.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 31
  • Tax Census Tract: 5775.04
  • Tax Lot: 5
  • Tax Tract Number: 5775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
May 7, 2021
Sold by
Wahl Joan
Bought by
Peters Michael John and Fantazia Peters Jill
Seller's Agent
Sue La Bounty
First Team Real Estate
Buyer's Agent
Ravi Sohoni
Gatehouse Properties
List Price
$2,750,000
Sold Price
$2,630,000
Premium/Discount to List
-$120,000
-4.36%
Total Days on Market
17
Current Estimated Value
$2,941,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,300
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Jun 6, 2008
Sold by
Hansen Stephen L
Bought by
Wahl Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,402,500
Interest Rate
5.99%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 27, 2007
Sold by
The Museum Of Latin American Art
Bought by
Hansen Stephen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2007
Sold by
Gumbiner Robert and Robert Gumbiner Revocable Trus
Bought by
The Museum Of Latin American Art

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peters Michael John $2,630,000 Ticor Title
Wahl Joann $2,486,500 Fidelity National Title Co
Hansen Stephen L $2,750,000 North American Title Co
The Museum Of Latin American Art -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wahl Joann $360,000
Previous Owner Wahl Joann $1,396,993
Previous Owner Wahl Joann $1,402,500
Previous Owner Hansen Stephen L $1,925,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $2,630,000 -4.4% $1,142 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $2,750,000 0.0% $1,194 / Sq Ft
09/02/2017 09/02/17 Rented $2,595 +23.9% --
08/21/2017 08/21/17 For Rent $2,095 -54.4% --
08/21/2017 08/21/17 Rented $4,595 +2.2% --
07/21/2017 07/21/17 For Rent $4,495 0.0% --
11/15/2015 11/15/15 Rented $4,495 +4.7% --
11/07/2015 11/07/15 For Rent $4,295 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $34,964 $2,790,976 $1,814,665 $976,311
2023 $34,558 $2,736,252 $1,779,084 $957,168
2022 $32,397 $2,682,600 $1,744,200 $938,400
2021 $32,546 $2,700,000 $2,280,700 $419,300
2020 $32,795 $2,700,000 $2,280,700 $419,300
2019 $30,627 $2,500,000 $2,111,800 $388,200
2018 $30,469 $2,500,000 $2,111,800 $388,200
2016 $29,156 $2,500,000 $2,111,800 $388,200
2015 $18,248 $1,600,000 $1,142,900 $457,100
2014 $16,179 $1,400,000 $1,000,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21082604

California Regional Multiple Listing Service (CRMLS)

APN: 7245-018-015