NOT LISTED FOR SALE

6131 Cherry Ave Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $968,096

1 Bed
3 Baths
1,818 Sq Ft
$533/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2018

Last sale price $410,000 $226 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $6,190 / mo

53 Days on Market

Highlights

  • No HOA
  • 1 Car Direct Access Garage
  • Level Lot

About This Home

As of February 2018

Property has 3 units is a mixed use, front building has 2 commercial units, back building is a residential 1 bedroom 1 bath one car detach garage

Last Agent to Sell the Property

Ricardo Munoz

Excellence RE Real Estate License #00912335 Listed on: 11/30/2017

Last Buyer's Agent

Adam Huss

Huss Real Estate License #01404071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,653

Year Built

  • Built in 1955

Lot Details

  • 4,567 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Flag Lot

Parking

  • 1 Car Direct Access Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • 1,818 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Located Outside
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7550
  • Assessor Parcel Number 7118013013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Other Expense $75
  • Water Sewer Expense $360
  • New Taxes Expense $5,623
  • Operating Expense $7,158
  • Gross Income $26,220
  • Net Operating Income $17,043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,653

Year Built

Built in 1955

Lot Details

4,567 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 360.00
  • Zoning: LBCCA
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7118013013
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 225.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Asphalt, Garage, Garage Faces Front
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Flag Lot
  • Lot Size Sq Ft: 4567.00

Multi Family

  • Gross Operating Income: 26220.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 17043.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 9177.00
  • Other Expense: 75.00
  • Other Expense Description: License
  • Rent Control: No
  • Total Actual Rent: 1600.00
  • Total Expenses: 7158.00

Tax Info

  • New Taxes Expense: 5623.00
  • Tax Census Tract: 5705.02
  • Tax Lot: 2
  • Tax Rate: 4992.00
  • Tax Tract Number: 7550
  • Tax Annual Amount: 5653.00
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Mar 5, 2018
Sold by
Bought by
Seller's Agent
Ricardo Munoz
Excellence RE Real Estate
Buyer's Agent
Adam Huss
Huss Real Estate
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%
Current Estimated Value
$968,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,096
Avg. Annual Appreciation
10.78%

Purchase Details

Listed on
Nov 30, 2017
Closed on
Jan 30, 2018
Sold by
Bought by
Seller's Agent
Ricardo Munoz
Excellence RE Real Estate
Buyer's Agent
Adam Huss
Huss Real Estate
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%

Purchase Details

Closed on
Oct 27, 2016
Sold by
Bought by

Purchase Details

Closed on
Jul 14, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
5.64%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Pacific Coast Title Company
$410,000 Pacific Coast Title Company
-- None Available
$350,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $219,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $410,000 -8.9% $226 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $449,900 -- $247 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,889 $865,943 $487,093 $378,850
2024 $11,388 $848,965 $477,543 $371,422
2023 $11,190 $832,320 $468,180 $364,140
2022 $11,310 $816,000 $459,000 $357,000
2021 $5,901 $430,982 $273,306 $157,676
2020 $5,886 $426,564 $270,504 $156,060
2019 $5,817 $418,200 $265,200 $153,000
2018 $5,714 $420,355 $204,173 $216,182
2016 $5,267 $404,035 $196,246 $207,789
2015 $5,064 $397,967 $193,299 $204,668
2014 $5,024 $390,172 $189,513 $200,659
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Ricardo Munoz

    Excellence RE Real Estate

    (562) 569-1371

    25 Total Sales

    Ricardo Munoz
    Section Image
  • Adam Huss

    Buyer's Agent in 2018

    Adam Huss

    Huss Real Estate

    (562) 277-4877

    1 in this area

    19 Total Sales

    Adam Huss
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17265987

California Regional Multiple Listing Service (CRMLS)

APN: 7118-013-013

California Los Angeles County Long Beach 90805 Nehyam

6131 Cherry Ave, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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