Seller's Agent in 2022
Brigitte Schroeder
MJC Realty
(562) 716-8385
1 in this area
11 Total Sales
6060 Atlantic Ave Long Beach, CA 90805
Houghton Park NeighborhoodEstimated Value: $1,385,713
3
Beds
7
Baths
6,086
Sq Ft
$228/Sq Ft
Est. Value
Highlights
- No HOA
- Park
- Bike Trail
- 4 Car Direct Access Garage
- Floor Furnace
- Block Wall Fence
About This Home
As of February 2022EXTREMELY ATTRACTIVE INVESTMENT OFFERING: ***Low price per sqft with significant upside potential ***Two separate 2-story buildings mixed use, 4 retail units and 6 units 1 Bedr. + 1 Bath ***Each unit is individually metered for electricity and gas *Large lot with tenant parking and 2 two-car garages for extra income ***Apartment units have been upgraded ***GREAT LOCATION in high demand rental area near freeways, parks, schools, supported by City of Long Beach Uptown Property & Business Improvement District (PBID). Find out more information and see for yourself.
Last Agent to Sell the Property
MJC Realty License #01705827 Listed on: 11/17/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1946
Lot Details
- 9,180 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Density is up to 1 Unit/Acre
Parking
- 4 Car Direct Access Garage
- 9 Open Parking Spaces
- Parking Available
- Side Facing Garage
- Two Garage Doors
- Driveway
- Assigned Parking
Home Design
- Property Attached
- Slab Foundation
- Composition Roof
Interior Spaces
- 6,086 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Floor Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 6 / 2
- Tax Tract Number 6521
- Assessor Parcel Number 7124016005
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 10 Units
- North Long Beach Subdivision
Recreation
- Park
- Bike Trail
Building Details
- 10 Leased Units
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,140
- Insurance Expense $4,500
- Professional Management Expense $4,800
- Water Sewer Expense $5,206
- Operating Expense $15,646
- Net Operating Income $70,924
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2021
Closed on
Jan 11, 2022
Sold by
Lawrence C Ito C and Lawrence Josefina H
Bought by
Pacific Pch Llc and Apartment Partners Llc
Seller's Agent
Brigitte Schroeder
MJC Realty
Buyer's Agent
Brigitte Schroeder
MJC Realty
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%
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
$185,713
Avg. Annual Appreciation
3.71%
Original Mortgage
$960,000
Outstanding Balance
$886,431
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$497,628
Purchase Details
Closed on
Jul 3, 2017
Sold by
Ito Lawrence C
Bought by
Ito Lawrence C and Ito Josefina
Purchase Details
Closed on
Dec 4, 2012
Sold by
Ito Josefina H
Bought by
Ito Lawrence C
Purchase Details
Closed on
Nov 30, 2012
Sold by
County Of Los Angeles Public Administrat
Bought by
Ito Lawrence C
Purchase Details
Closed on
Feb 13, 2001
Sold by
Rossi Jorge
Bought by
Carranza Fermin
Purchase Details
Closed on
Aug 10, 2000
Sold by
Carranza Fermin
Bought by
Clement Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.98%
Mortgage Type
Commercial
Purchase Details
Closed on
May 11, 1999
Sold by
Bankers Trust Company Of California Na
Bought by
Carranza Fermin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 27, 1999
Sold by
Carranza Fermin
Bought by
Rossi Jorge
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.92%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 2, 1998
Sold by
Aguiling Frankdelroose P
Bought by
Rtc Commercial Mtg Pass Through Certific
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pacific Pch Llc | $1,200,000 | None Listed On Document | |
| Ito Lawrence C | -- | None Available | |
| Ito Lawrence C | -- | Fidelity Van Nuys | |
| Ito Lawrence C | $578,000 | Fidelity Van Nuys | |
| Carranza Fermin | -- | American Title Co | |
| Clement Michael | -- | American Title Co | |
| Carranza Fermin | -- | Commonwealth Title | |
| Rossi Jorge | $320,000 | Stewart Title | |
| Rtc Commercial Mtg Pass Through Certific | $190,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pacific Pch Llc | $960,000 | |
| Previous Owner | Clement Michael | $300,000 | |
| Previous Owner | Rossi Jorge | $256,000 | |
| Closed | Rossi Jorge | $64,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/15/2022 02/15/22 | Sold | $1,200,000 | -7.7% | $197 / Sq Ft |
| 11/18/2021 11/18/21 | Pending | -- | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $1,300,000 | -- | $214 / 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 | $18,668 | $1,273,449 | $848,966 | $424,483 |
| 2024 | $18,668 | $1,248,480 | $832,320 | $416,160 |
| 2023 | $17,345 | $1,224,000 | $816,000 | $408,000 |
| 2022 | $9,924 | $670,704 | $406,136 | $264,568 |
| 2021 | $9,714 | $657,554 | $398,173 | $259,381 |
| 2019 | $9,558 | $638,053 | $386,364 | $251,689 |
| 2018 | $9,182 | $625,543 | $378,789 | $246,754 |
| 2016 | $8,416 | $601,254 | $364,081 | $237,173 |
| 2015 | $8,120 | $592,224 | $358,613 | $233,611 |
| 2014 | $8,078 | $580,624 | $351,589 | $229,035 |
Source: Public Records
Agents Affiliated with this Home
-
Brigitte Schroeder
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21250924
APN: 7124-016-005
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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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