Seller's Agent in 2020
Nicole Freese
The Sher Group
(323) 481-8999
2 in this area
24 Total Sales
6514 E Ocean Blvd Long Beach, CA 90803
Peninsula NeighborhoodEstimated Value: $2,008,000 - $2,504,000
3
Beds
4
Baths
2,928
Sq Ft
$767/Sq Ft
Est. Value
Highlights
- Laundry Room
- Naples Bayside Academy Rated A
- Ceiling Fan
About This Home
As of July 2020Amazing fourplex on the Peninsula, one of the most desired locations in Long Beach. This building has tons of curb appeal with units that can be combined and reconfigured. It's currently made up of three 1bed 1bath apartments and one studio. Three of the four units will be delivered vacant. All units are bright and have been thoughtfully upgraded. The upper 1 bedroom and lower studio apartment have fireplaces. All units include stoves & refrigerators. There is a shared laundry room in the back of the building & a two car garage. Addresses associated with complex 6514, 6516, 6518 & 6520 are all separately metered. This building is an investors showpiece.
Last Agent to Sell the Property
The Sher Group License #01389069 Listed on: 06/02/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942 | Remodeled
Lot Details
- 2,428
Parking
- 2 Car Garage
Interior Spaces
- 2,928 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Oven or Range
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Additional Features
- 2,428 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 7245-025-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 2, 2020
Closed on
Jul 1, 2020
Sold by
Hu Edith W
Bought by
Lars Investments Property One Llc
Seller's Agent
Nicole Freese
The Sher Group
Buyer's Agent
Ana Hlavnicka
WSR Real Estate Inc.
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
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
$596,344
Avg. Annual Appreciation
5.93%
Original Mortgage
$100,000
Outstanding Balance
$88,642
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$2,157,702
Purchase Details
Closed on
May 13, 2003
Sold by
Thompson Barbara Brown
Bought by
Thompson Barbara Brown and The 1996 Barbara Brown Thompson Family T
Purchase Details
Closed on
Jun 14, 1999
Sold by
Family Trust Warren Richard And Barbara Trs W
Bought by
Hu Edith W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.2%
Purchase Details
Closed on
Dec 20, 1994
Sold by
Warren Richard T
Bought by
Warren Richard T
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 |
|---|---|---|---|
| Lars Investments Property One Llc | $1,650,000 | Chicago Title Company | |
| Thompson Barbara Brown | -- | Security Union Title | |
| Hu Edith W | $540,000 | Fidelity Title | |
| Warren Richard T | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lars Investments Property One Llc | $100,000 | |
| Previous Owner | Hu Edith W | $432,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/27/2020 07/27/20 | Sold | $1,650,000 | -2.9% | $564 / Sq Ft |
| 06/25/2020 06/25/20 | Pending | -- | -- | -- |
| 06/02/2020 06/02/20 | For Sale | $1,699,000 | -- | $580 / Sq Ft |
Source: The MLS
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 | $22,495 | $1,786,011 | $1,190,674 | $595,337 |
| 2024 | $22,495 | $1,750,992 | $1,167,328 | $583,664 |
| 2023 | $22,118 | $1,716,660 | $1,144,440 | $572,220 |
| 2022 | $20,745 | $1,683,000 | $1,122,000 | $561,000 |
| 2021 | $20,342 | $1,650,000 | $1,100,000 | $550,000 |
| 2020 | $9,795 | $759,102 | $505,925 | $253,177 |
| 2019 | $9,681 | $744,223 | $496,005 | $248,218 |
| 2018 | $9,430 | $729,636 | $486,280 | $243,356 |
| 2016 | $8,673 | $701,095 | $467,399 | $233,696 |
| 2015 | $8,328 | $690,565 | $460,379 | $230,186 |
| 2014 | $8,280 | $677,038 | $451,361 | $225,677 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Freese
-
Ana Hlavnicka
Buyer's Agent in 2020
Ana Hlavnicka
WSR Real Estate Inc.
(951) 999-4914
16 Total Sales
Map
Source: The MLS
MLS Number: 20-585914
APN: 7245-025-010
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