J
Seller's Agent in 2017
John Mociak
Avenue Realty Group
609 W 7th St Long Beach, CA 90813
Willmore NeighborhoodEstimated Value: $4,351,314
1
Bed
2
Baths
8,552
Sq Ft
$509/Sq Ft
Est. Value
Highlights
- 8,255 Sq Ft lot
- Corner Lot
- Laundry Room
- Wood Flooring
- No HOA
- 5-minute walk to Drake Park
About This Home
As of June 2017Welcome to 609 West 7th Street! This property is located near all downtown Long Beach amenities, Museum of Latin American Art, Aquarium of the Pacific, Long Beach Convention Center, and ample dining and shopping options along nearby Pine Avenue. A myriad of activities, entertainment, stellar regional public transit, nearby schools, colleges and universities make this the ideal location to experience the best of what Long Beach has to offer!
Last Agent to Sell the Property
John Mociak
Avenue Realty Group License #01708711 Listed on: 03/31/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 8,255 Sq Ft Lot
- 1 Common Wall
- Security Fence
- New Fence
- Landscaped
- Corner Lot
Parking
- 5 Car Garage
- Carport
- On-Street Parking
- Off-Site Parking
Home Design
- Property Attached
Interior Spaces
- 8,552 Sq Ft Home
- 2-Story Property
- Laundry Room
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Outdoor Features
- Exterior Lighting
Location
- Urban Location
- Suburban Location
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 14
- Assessor Parcel Number 7271023038
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 18 Units
Amenities
- Laundry Facilities
Building Details
- 18 Leased Units
- 18 Separate Electric Meters
- 12 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,080
- Gardener Expense $1,500
- Insurance Expense $2,356
- Maintenance Expense $7,200
- Other Expense $4,500
- Pest Control $600
- Professional Management Expense $10,002
- Trash Expense $3,000
- Water Sewer Expense $6,098
- New Taxes Expense $30,160
- Operating Expense $66,496
- Gross Income $206,760
- Net Operating Income $130,262
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2017
Closed on
Apr 14, 2017
Sold by
Sauer Josef Stefan and Sauer Maria Q
Bought by
5Th & 7Th Llc and 434 West 9Th Street Llc
Seller's Agent
John Mociak
Avenue Realty Group
Buyer's Agent
Scott Burns
JMS Manage Sell PC
List Price
$2,600,000
Sold Price
$2,550,000
Premium/Discount to List
-$50,000
-1.92%
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
$1,801,314
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,430,000
Interest Rate
4.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 5, 2014
Sold by
D Benz Llc
Bought by
Sauer Josef Stefan Sauer and Sauer Maria Q Amaya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,279,600
Interest Rate
4.08%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 2, 2010
Sold by
Stojakovic Danny
Bought by
D Benz Llc
Purchase Details
Closed on
Mar 17, 2005
Sold by
Hr & F Properties Llc
Bought by
Stojakovic Danny
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,172,500
Interest Rate
5.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 24, 2004
Sold by
Pashaee Hamid and Ghezelayagh Faramarz
Bought by
Hr & F Properties Llc
Purchase Details
Closed on
Apr 30, 2004
Sold by
Plotkin Sean J
Bought by
Ghezelayagh Faramarz and Pashaee Hamid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 31, 2003
Sold by
Daisy Apartments Ltd
Bought by
Plotkin Sean J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.13%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| 5Th & 7Th Llc | $2,550,000 | Fidelity National Title | |
| Sauer Josef Stefan Sauer | $1,828,000 | Orange Coast Title | |
| D Benz Llc | -- | Accommodation | |
| Stojakovic Danny | $1,750,000 | Multiple | |
| Hr & F Properties Llc | -- | -- | |
| Pashaee Hamid | -- | -- | |
| Ghezelayagh Faramarz | $1,600,000 | Commonwealth Land Title Co | |
| Pashaee Hamid | -- | Commonwealth Land Title Co | |
| Ghezelayagh Faramarz | -- | Commonwealth Land Title Co | |
| Plotkin Sean J | $1,080,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 5Th & 7Th Llc | $1,430,000 | |
| Previous Owner | Sauer Josef Stefan Sauer | $1,279,600 | |
| Previous Owner | Stojakovic Danny | $1,172,500 | |
| Previous Owner | Ghezelayagh Faramarz | $900,000 | |
| Previous Owner | Plotkin Sean J | $650,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/04/2025 01/04/25 | Off Market | $1,395 | -- | -- | |
| 10/02/2024 10/02/24 | For Rent | $1,395 | 0.0% | -- | |
| 01/11/2024 01/11/24 | Price Changed | $1,395 | 0.0% | $3 / Sq Ft | |
| 01/10/2024 01/10/24 | For Rent | $1,395 | 0.0% | -- | |
| 06/13/2017 06/13/17 | Sold | $2,550,000 | -1.9% | $298 / Sq Ft | |
| 04/10/2017 04/10/17 | Pending | -- | -- | -- | |
| 03/31/2017 03/31/17 | For Sale | $2,600,000 | +42.2% | $304 / Sq Ft | |
| 10/08/2014 10/08/14 | Sold | $1,828,000 | +1.6% | $221 / Sq Ft | View Prior Sale |
| 07/11/2014 07/11/14 | Pending | -- | -- | -- | |
| 06/21/2014 06/21/14 | For Sale | $1,799,999 | -- | $218 / 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 | $39,016 | $2,959,489 | $2,071,644 | $887,845 |
| 2024 | $39,016 | $2,901,461 | $2,031,024 | $870,437 |
| 2023 | $38,329 | $2,844,570 | $1,991,200 | $853,370 |
| 2022 | $35,990 | $2,788,795 | $1,952,157 | $836,638 |
| 2021 | $35,232 | $2,734,114 | $1,913,880 | $820,234 |
| 2019 | $34,725 | $2,653,020 | $1,857,114 | $795,906 |
| 2018 | $33,872 | $2,601,000 | $1,820,700 | $780,300 |
| 2016 | $23,738 | $1,855,877 | $1,299,520 | $556,357 |
| 2015 | $22,812 | $1,828,000 | $1,280,000 | $548,000 |
| 2014 | -- | $1,280,000 | $515,600 | $764,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Scott Burns
S
Buyer's Agent in 2017
Scott Burns
JMS Manage Sell PC
(404) 784-3841
1 Total Sale
-
D
Seller's Agent in 2014
Danny Stojakovic
Coldwell Banker Envision
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17067164
APN: 7271-023-038
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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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