Leslie Stonick
Compass
(424) 381-0410
73 Total Sales
1 in Peninsula
$4,500,000 Price
6229 E Seaside Walk Long Beach, CA 90803
Peninsula Neighborhood
9
Beds
7
Baths
8,009
Sq Ft
3,766
Sq Ft Lot
Highlights
- Ocean View
- Naples Bayside Academy Rated A
- Laundry Facilities
About This Home
As of March 2018The Seaside Walk Apartments is an oceanfront six unit apartment community consisting of four two-bedroom units, one three-bedroom unit and one four-bedroom unit. This property presents investors with a rare buying opportunity to acquire a value add asset with rental upside potential. The asset is located in the Long Beach Peninsula which is one of Long Beach’s highly-sought after neighborhoods. The Peninsula boasts the best beach-front and waterfront properties in Long Beach and each unit has incredible ocean, Catalina and Downtown Long beach views. The area also features easy access to both the ocean and the bay, with great locations for paddle-boarding, kite-surfing, fishing, and many other beach activities.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01456379 Listed on: 12/14/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1961
Lot Details
- 3,766 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 6 Car Garage
Property Views
- Ocean
- Bay
Home Design
- Property Attached
Interior Spaces
- 8,009 Sq Ft Home
- Decorative Fireplace
- Living Room with Fireplace
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 5775
- Assessor Parcel Number 7245024020
Community Details
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Electric Expense $1,216
- Gardener Expense $900
- Insurance Expense $3,800
- Maintenance Expense $6,000
- Other Expense $150
- Professional Management Expense $8,148
- Supplies Expense $6,000
- Trash Expense $1,216
- Water Sewer Expense $1,216
- New Taxes Expense $62,051
- Operating Expense $85,199
- Gross Income $203,700
- Net Operating Income $118,501
Additional Features
- 6 Units
- Laundry Facilities
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
Dec 14, 2017
Closed on
Mar 9, 2018
Sold by
Bought by
Seller's Agent
Robert Stepp
Keller Williams Realty Downey
Buyer's Agent
Sara Tsai
Sara Hui Lee Tsai
List Price
$4,995,000
Sold Price
$4,450,000
Premium/Discount to List
-$545,000
-10.91%
Purchase Details
Closed on
Apr 16, 2013
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Peninsula, CA
-
Leslie Stonick
-
Brian Wilson
Brian Wilson
First Team Real Estate
(949) 763-4047
32 Total Sales
5 in Peninsula
$2M - $2.8M Price Range
-
Burju Kayiran
Burju Kayiran
Beverly & Company, Inc.
(949) 543-1085
13 Total Sales
1 in Peninsula
$675,000 Price
-
Philip DeMatteo
Philip DeMatteo
Responds QuicklyFirst Team Real Estate
(562) 784-7098
244 Total Sales
2 in Peninsula
$2,150,000 Price Range
-
Steve Leitner
Steve Leitner
Responds QuicklyFirst Team Real Estate
(562) 247-5468
55 Total Sales
1 in Peninsula
$3,700,000 Price
-
Laura Kellam
Laura Kellam
Responds QuicklyColdwell Banker Realty
(424) 704-2818
34 Total Sales
1 in Peninsula
$4,230,000 Price
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 |
|---|---|---|---|
| $4,450,000 | Old Republic Title | ||
| -- | None Available |
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 |
|---|---|---|---|
| Open | $2,000,000 | ||
| Closed | $3,225,000 | ||
| Closed | $3,000,000 |
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 |
|---|---|---|---|---|
| 03/19/2018 03/19/18 | Sold | $4,450,000 | -3.2% | $556 / Sq Ft |
| 03/09/2018 03/09/18 | Pending | -- | -- | -- |
| 02/15/2018 02/15/18 | Price Changed | $4,595,000 | -8.0% | $574 / Sq Ft |
| 12/14/2017 12/14/17 | For Sale | $4,995,000 | -- | $624 / 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 | $65,811 | $5,063,335 | $3,925,508 | $1,137,827 |
| 2024 | $62,977 | $4,964,055 | $3,848,538 | $1,115,517 |
| 2023 | $61,936 | $4,866,722 | $3,773,077 | $1,093,645 |
| 2022 | $58,075 | $4,771,297 | $3,699,096 | $1,072,201 |
| 2021 | $56,962 | $4,677,743 | $3,626,565 | $1,051,178 |
| 2019 | $56,146 | $4,539,200 | $3,519,000 | $1,020,200 |
| 2018 | $5,876 | $399,437 | $206,191 | $193,246 |
| 2016 | $5,355 | $383,736 | $198,186 | $185,550 |
| 2015 | $5,162 | $377,973 | $195,210 | $182,763 |
| 2014 | $5,156 | $370,570 | $191,387 | $179,183 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Stepp
Seller's Agent in 2018
Robert Stepp
Keller Williams Realty Downey
(310) 463-2916
1 in this area
81 Total Sales
-
Todd Hawke
Seller Co-Listing Agent in 2018
Todd Hawke
Keller Williams Realty Downey
(310) 774-3746
11 Total Sales
-
Sara Tsai
S
Buyer's Agent in 2018
Sara Tsai
Sara Hui Lee Tsai
(626) 864-8170
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17274936
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
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