6506 E Ocean Blvd Long Beach, CA 90803
Peninsula NeighborhoodEstimated Value: $1,912,000 - $2,287,000
3
Beds
3
Baths
2,587
Sq Ft
$808/Sq Ft
Est. Value
Highlights
- Ocean View
- Cape Cod Architecture
- 2 Car Garage
- Naples Bayside Academy Rated A
About This Home
As of March 2014PRICE REDUCTION!!! Don't miss out on this Long Beach Peninsula income ppty with rooftop deck & peak-a-boo ocean & bay views. This Cape Cod style ppty has been meticulously maintained. Cedar shingle exterior, upgraded double glazed vinyl windows, 2"x2"post wood railings make this an authentic designed & unique ppty, in a "high demand" rental area. Two enclosed garages & 1 off street parking space. The 2 bdrm (#6508) is unique in that the 2nd bdrm is separate from the main unit. It also has its own 1/2 bath & direct garage access. This unit(owners) unit, has a pvte patio off of the kitchen & exclusive rooftop access & use, plus a 1 car garage. #6506, front bldg lower unit is open plan in design. The kitchen & living room offer a great space that opens up directly onto its own pvte patio for BBQ & relaxation. Comes with 1 garage. Unit # 6512, the 1 bdrm, upstairs in the rear bldg & is situated over the two garages. Once again an open plan design & spacious interior. This unit has 1 off street parking space. A great income ppty investment or an owner occupied ppty with two unit income to help pay the mortgage.
Last Agent to Sell the Property
Coldwell Banker Realty License #00614080 Listed on: 09/13/2013
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,030
Year Built
- Built in 1948
Lot Details
- 2,387 Sq Ft Lot
- Lot Dimensions are 40x60
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Parking Available
- Uncovered Parking
Property Views
- Ocean
- Bay
Home Design
- 2,587 Sq Ft Home
- Cape Cod Architecture
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 5775
- Assessor Parcel Number 7245025012
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $4,570
- Net Operating Income $54,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 27, 2023
Sold by
James Carl Wald And Azadeh Farin Living
Bought by
6506 Ocean Blvd Llc
Total Days on Market
125
Current Estimated Value
Purchase Details
Closed on
Mar 4, 2015
Sold by
Wald James and Farin Azadeh
Bought by
James Carl Wald & Azadeh Farin Living Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2015
Sold by
Wald James Carl and Farin Azadeh
Bought by
Wald James Carl and Farin Azadeh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 13, 2013
Closed on
Jan 21, 2014
Sold by
Wells Fargo Bank Na
Bought by
Wald James Carl and Farin Azadeh
Seller's Agent
Jean Shapen
Coldwell Banker Realty
Buyer's Agent
John Farin
Keller Williams Beverly Hills
List Price
$1,250,000
Sold Price
$1,025,000
Premium/Discount to List
-$225,000
-18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$717,500
Interest Rate
4.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 3, 2010
Sold by
Stewart James C
Bought by
Stewart James C and James C Stewart Trust
Purchase Details
Closed on
Feb 6, 1996
Sold by
Archer William Roland and Archer Barbara Yvonne
Bought by
Stewart James C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.34%
Similar Homes in Long Beach, CA
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 |
|---|---|---|---|
| 6506 Ocean Blvd Llc | -- | None Listed On Document | |
| James Carl Wald & Azadeh Farin Living Tr | -- | Accommodation | |
| Wald James | -- | Wfg National Title | |
| Wald James Carl | -- | Nations Title Company | |
| Wald James Carl | $1,025,000 | Stewart Title Of Ca Inc | |
| Stewart James C | -- | None Available | |
| Stewart James C | $285,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wald James Carl | $744,000 | |
| Previous Owner | Wald James | $715,000 | |
| Previous Owner | Wald James Carl | $712,000 | |
| Previous Owner | Wald James Carl | $717,500 | |
| Previous Owner | Stewart James C | $417,000 | |
| Previous Owner | Stewart James C | $68,000 | |
| Previous Owner | Stewart James C | $228,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/14/2014 03/14/14 | Sold | $1,025,000 | -18.0% | $396 / Sq Ft |
| 01/16/2014 01/16/14 | Pending | -- | -- | -- |
| 09/13/2013 09/13/13 | For Sale | $1,250,000 | -- | $483 / 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 |
|---|---|---|---|---|
| 2024 | $16,030 | $1,231,863 | $961,456 | $270,407 |
| 2023 | $15,758 | $1,207,709 | $942,604 | $265,105 |
| 2022 | $14,786 | $1,184,029 | $924,122 | $259,907 |
| 2021 | $14,492 | $1,160,813 | $906,002 | $254,811 |
| 2019 | $14,284 | $1,126,385 | $879,131 | $247,254 |
| 2018 | $13,934 | $1,104,300 | $861,894 | $242,406 |
| 2016 | $12,822 | $1,061,421 | $828,427 | $232,994 |
| 2015 | $12,304 | $1,045,479 | $815,984 | $229,495 |
| 2014 | $12,272 | $1,029,653 | $803,632 | $226,021 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Shapen
Seller's Agent in 2014
Jean Shapen
Coldwell Banker Realty
(562) 209-0743
17 Total Sales
-
Todd Hawke
Seller Co-Listing Agent in 2014
Todd Hawke
Keller Williams Realty Downey
(310) 774-3746
12 Total Sales
-
John Farin
Buyer's Agent in 2014
John Farin
Keller Williams Beverly Hills
(310) 410-0072
2 Total Sales
-
J
Buyer Co-Listing Agent in 2014
Jennifer Laurent
Jennifer Laurent, Broker
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13187752
APN: 7245-025-012
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