M
Seller's Agent in 2022
Mariko Meek
Vista Pacific Realty
(310) 305-8333
1 in this area
14 Total Sales
623 E 7th St Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $1,380,496
6
Beds
4
Baths
5,195
Sq Ft
$266/Sq Ft
Est. Value
About This Home
As of June 2022Fantastic mix-use investment opportunity in the heart of Long Beach! On the large 7501 sqft lot. 1 residential 4-plex apartment at the back with 2bedroom +1bath x 2 units and 1bedroom+1 bathroom x 2 units. Hardwood and tile floors. 1 Commerical building fronting on the 7th st with stable long-term tenants. All units fully leased. Ample parking of 11+ total spaces between the commercial building and the residential building, 4+ spaces secured by a gate. Convenient location for business and residence! MOTIVATED SELLER!!
Last Agent to Sell the Property
Vista Pacific Realty License #01778756 Listed on: 01/21/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 7,501 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 12 Car Garage
Home Design
- 5,195 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 24 / 27
- Tax Tract Number 576
- Assessor Parcel Number 7274017034
- $1,168 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 6 Units
- Alamitos Beach Subdivision
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $300
- Fuel Expense $520
- Gardener Expense $1,400
- Insurance Expense $4,000
- Maintenance Expense $5,000
- Pest Control $425
- Professional Management Expense $5,000
- Trash Expense $1,200
- Water Sewer Expense $2,500
- New Taxes Expense $18,000
- Operating Expense $38,000
- Gross Income $101,520
- Net Operating Income $58,444
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
Jan 21, 2022
Closed on
May 25, 2022
Sold by
Bought by
Seller's Agent
Mariko Meek
Vista Pacific Realty
Buyer's Agent
Bill D'Alvia
Vista Sotheby's Int'l Realty
List Price
$1,650,000
Sold Price
$1,350,000
Premium/Discount to List
-$300,000
-18.18%
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
$30,496
Avg. Annual Appreciation
0.55%
Purchase Details
Closed on
Feb 1, 2016
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
$498,000
Interest Rate
3.98%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 17, 2013
Sold by
Bought by
Purchase Details
Closed on
Sep 5, 2008
Sold by
Bought by
Purchase Details
Closed on
Feb 1, 2006
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
$600,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 19, 2006
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
$600,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jan 4, 2006
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
$600,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 28, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 11, 2003
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,350,000 | New Title Company Name | ||
| $829,000 | Stewart Title Orange County | ||
| -- | None Available | ||
| -- | None Available | ||
| $700,000 | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | Fidelity National Title Co | ||
| -- | 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 |
|---|---|---|---|
| Previous Owner | $498,000 | ||
| Previous Owner | $600,000 |
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 |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $1,350,000 | -3.6% | $260 / Sq Ft |
| 04/14/2022 04/14/22 | Pending | -- | -- | -- |
| 04/04/2022 04/04/22 | Price Changed | $1,400,000 | -6.6% | $269 / Sq Ft |
| 03/15/2022 03/15/22 | Price Changed | $1,499,000 | -6.0% | $289 / Sq Ft |
| 02/05/2022 02/05/22 | Price Changed | $1,595,000 | -1.8% | $307 / Sq Ft |
| 02/02/2022 02/02/22 | Price Changed | $1,625,000 | -1.5% | $313 / Sq Ft |
| 01/21/2022 01/21/22 | For Sale | $1,650,000 | -- | $318 / 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 | $19,595 | $1,432,630 | $795,906 | $636,724 |
| 2024 | $18,729 | $1,404,540 | $780,300 | $624,240 |
| 2023 | $18,413 | $1,377,000 | $765,000 | $612,000 |
| 2022 | $12,239 | $924,760 | $669,309 | $255,451 |
| 2021 | $11,972 | $906,629 | $656,186 | $250,443 |
| 2019 | $11,802 | $879,740 | $636,724 | $243,016 |
| 2018 | $11,383 | $862,491 | $624,240 | $238,251 |
| 2016 | $7,845 | $603,334 | $239,253 | $364,081 |
| 2015 | $7,544 | $594,273 | $235,660 | $358,613 |
| 2014 | $7,495 | $582,633 | $231,044 | $351,589 |
Source: Public Records
Agents Affiliated with this Home
-
Mariko Meek
-
Bill D'Alvia
Buyer's Agent in 2022
Bill D'Alvia
Vista Sotheby's Int'l Realty
(562) 508-8900
1 in this area
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22010697
APN: 7274-017-034
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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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