C
Seller's Agent in 2017
Chuck Brewer
HomeSmart Realty Group
5959 Cherry Ave Long Beach, CA 90805
Nehyam NeighborhoodEstimated Value: $1,096,906
4
Beds
4
Baths
2,463
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- 2 Car Garage
- Heating System Uses Natural Gas
- Laundry Room
About This Home
As of November 2017Recently refurbished and new upgrades. Opportunity to raise rents in 6 months. This Duplex and Commercial Office Space listing will catch the eye of many a sophisticated investor. The Duplex is on 60th street (Address for units is 1922 & 1930 E. 60th Street), each providing 2 bedrooms and 1 bath, copper plumbing, separately metered and a one car garage and are approximately 700 square feet each. The 2 garages have laundry hook ups and are separately metered. The rents are lower than market and should be increased over the next 12 months. There is an upside rent potential. The Duplex Tenants are long term and rents are below market.
5959 Cherry /Commercial Unit ___On Cherry there is stand alone a 1063 square foot commercial building with 2 bathrooms that has been used as an office and retail outlet. This building is separately metered. The corner location commercial building gets plenty of street and foot traffic. It is well secured and has a roof Central A/C that is appreciated by tenants and customers.
Please note that all three units have the same APN number and the property cannot be subdivided due to city
regulations. APPOINTMENTS ONLY. Please DO NOT APPROACH TENANTS....
Last Agent to Sell the Property
Chuck Brewer
HomeSmart Realty Group License #01939550 Listed on: 10/26/2017
Last Buyer's Agent
Chuck Brewer
HomeSmart Realty Group License #01939550 Listed on: 10/26/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 4,727 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Single Garage Door
- Combination Of Materials Used In The Driveway
Home Design
- 2,463 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 5705
- Assessor Parcel Number 7123005011
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,171
- Fuel Expense $287
- Gardener Expense $480
- Insurance Expense $1,680
- Trash Expense $287
- Water Sewer Expense $576
- New Taxes Expense $7,188
- Operating Expense $11,669
- Gross Income $3,750
- Net Operating Income $35,131
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 13, 2023
Sold by
Eel Holdings Llc
Bought by
Eel Property Holdings Llc
Current Estimated Value
Purchase Details
Listed on
Oct 26, 2017
Closed on
Sep 26, 2017
Sold by
Maverick Rose Property Llc
Bought by
Eel Holding Llc
Seller's Agent
Chuck Brewer
HomeSmart Realty Group
Buyer's Agent
Chuck Brewer
HomeSmart Realty Group
List Price
$655,000
Sold Price
$655,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
3.83%
Mortgage Type
Commercial
Purchase Details
Listed on
Apr 28, 2015
Closed on
Jul 9, 2015
Sold by
Harris Tatiana
Bought by
Maverick Rose Property Llc
Seller's Agent
steven mueller
Broadmoor Realty, Inc.
Buyer's Agent
Chuck Brewer
HomeSmart Realty Group
List Price
$439,900
Sold Price
$400,000
Premium/Discount to List
-$39,900
-9.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.91%
Original Mortgage
$220,000
Interest Rate
4.01%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 26, 2015
Closed on
Feb 11, 2015
Sold by
Mueller Steven
Bought by
Harris Titiana
Seller's Agent
Caesar Ruiz
Grason Homes
Buyer's Agent
Caesar Ruiz
Grason Homes
List Price
$299,900
Sold Price
$330,000
Premium/Discount to List
$30,100
10.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.87%
Original Mortgage
$322,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 26, 2015
Closed on
Jan 29, 2015
Sold by
Spencer Julia Dianne and Long Rusty
Bought by
Harris Tatiana
Seller's Agent
Caesar Ruiz
Grason Homes
Buyer's Agent
Caesar Ruiz
Grason Homes
List Price
$299,900
Sold Price
$330,000
Premium/Discount to List
$30,100
10.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 18, 2014
Sold by
Long Kiersten and Spencer Julia Dianne
Bought by
Spencer Julia Dianne and Long Rusty
Purchase Details
Closed on
Apr 1, 2010
Sold by
Long Rusty and Estate Of Richard Long
Bought by
Long Rusty and Spencer Julia Diane
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 |
|---|---|---|---|
| Eel Property Holdings Llc | -- | -- | |
| Eel Holding Llc | $655,000 | Stewart Title Guaranty Co | |
| Maverick Rose Property Llc | $400,000 | None Available | |
| Harris Titiana | -- | Accommodation | |
| Harris Tatiana | $330,000 | Chicago Title Company | |
| Spencer Julia Dianne | -- | None Available | |
| Long Rusty | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Eel Holding Llc | $437,500 | |
| Previous Owner | Maverick Rose Property Llc | $220,000 | |
| Previous Owner | Harris Tatiana | $322,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/01/2017 11/01/17 | Sold | $655,000 | 0.0% | $266 / Sq Ft | |
| 10/26/2017 10/26/17 | For Sale | $655,000 | +63.8% | $266 / Sq Ft | |
| 07/17/2015 07/17/15 | Sold | $400,000 | -9.1% | $162 / Sq Ft | View Prior Sale |
| 07/17/2015 07/17/15 | Pending | -- | -- | -- | |
| 03/10/2015 03/10/15 | For Sale | $439,900 | +33.3% | $179 / Sq Ft | |
| 02/17/2015 02/17/15 | Sold | $330,000 | +10.0% | $134 / Sq Ft | View Prior Sale |
| 01/27/2015 01/27/15 | Pending | -- | -- | -- | |
| 01/26/2015 01/26/15 | For Sale | $299,900 | -- | $122 / 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 | $8,620 | $645,048 | $384,948 | $260,100 |
| 2024 | $8,620 | $632,400 | $377,400 | $255,000 |
| 2023 | $9,670 | $716,336 | $426,521 | $289,815 |
| 2022 | $9,085 | $702,291 | $418,158 | $284,133 |
| 2021 | $8,897 | $688,521 | $409,959 | $278,562 |
| 2020 | $8,874 | $681,462 | $405,756 | $275,706 |
| 2019 | $8,770 | $668,100 | $397,800 | $270,300 |
| 2018 | $8,484 | $655,000 | $390,000 | $265,000 |
| 2017 | $5,541 | $408,000 | $306,000 | $102,000 |
| 2016 | $5,151 | $400,000 | $300,000 | $100,000 |
| 2015 | $4,979 | $396,400 | $223,700 | $172,700 |
| 2014 | $5,031 | $396,400 | $223,700 | $172,700 |
Source: Public Records
Agents Affiliated with this Home
-
-
Caesar Ruiz
C
Seller's Agent in 2015
Caesar Ruiz
Grason Homes
(714) 716-2031
19 Total Sales
-
s
Seller's Agent in 2015
steven mueller
Broadmoor Realty, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17245643
APN: 7123-005-011
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
Nearby Homes
- 1815 E Hungerford St
- 5846 Gardenia Ave
- 1639 E East Hungerford St
- 6271 Cherry Ave
- 1656 E 63rd St
- 5880 Gundry Ave
- 6160 Brayton Ave
- 5500 5500 Ackerfield Ave Unit 501
- 5390 5390 Orange
- 2161 E 65th St
- 6081 Lemon Ave
- 1612 E 65th St
- 5530 Ackerfield Ave Unit 314
- 1228 E 64th St
- 1430 E Michelson St
- 5924 Lewis Ave
- 5500 Ackerfield Ave Unit 412
- 5500 Ackerfield Ave Unit 307
- 6370 N Paramount Blvd
- 6072 Myrtle Ave
- 5955 Cherry Ave
- 6001 Cherry Ave
- 5960 Gardenia Ave
- 5949 Cherry Ave
- 5956 Gardenia Ave
- 6009 Cherry Ave
- 5952 Gardenia Ave
- 5945 Cherry Ave
- 1915 E 60th St Unit A
- 1915 E 60th St
- 6015 Cherry Ave
- 1909 E 60th St
- 5950 Gardenia Ave
- 5941 Cherry Ave Unit A
- 6016 Gardenia Ave
- 6021 Cherry Ave
- 5944 Gardenia Ave
- 6020 Gardenia Ave
- 6029 Cherry Ave
- 5942 Gardenia Ave