Seller's Agent in 2014
Todd Hawke
Keller Williams Realty Downey
(310) 774-3746
10 Total Sales
6515 E Seaside Walk Long Beach, CA 90803
Peninsula NeighborhoodEstimated Value: $2,032,000 - $3,384,265
4
Beds
4
Baths
2,685
Sq Ft
$1,039/Sq Ft
Est. Value
About This Home
As of June 2014Located in the exclusive Long Beach “Peninsula” community which boasts Ocean & Bay Front homes & income properties. 6515 E Seaside Walk is an Ocean front 4 unit income property. Located on the board walk just steps from the ocean, the two front apartments have unobstructed views of the Ocean, Catalina & the impressive skyline of downtown Long Beach. This property comprises of two buildings. The front has two 1 x bedroom apartments with incredible views & gas log fireplaces. The second building has 1 x Studio & one 2 x bedroom apartment, a double oversized garage with parking for two cars, on-site laundry & storage. Two additional parking spaces are located directly in front of each garage. All units have been remodeled. There is a washer/dryer in the garage that is used by all tenants. On the opposite side of the Peninsula is Alamitos Bay: Renown for calm waters, perfect for kayaking, stand up paddle boarding, swimming or any other water sports you desire. This income property offers one of the best locations and communities that Long Beach has to offer.
This is great Investor or Developer Opportunity to secure Ocean Front PPty in the Long Beach area.
Last Agent to Sell the Property
Keller Williams Realty Downey License #01376219 Listed on: 04/15/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 2,682 Sq Ft Lot
- Beach Front
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- 2,685 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tax Lot 3
- Tax Tract Number 25
- Assessor Parcel Number 7245025003
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $6,450
- Net Operating Income $77,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2014
Closed on
Apr 29, 2014
Sold by
Shields Joseph J
Bought by
El Sayad Nabil I and El Sayad Beatrize
Seller's Agent
Todd Hawke
Keller Williams Realty Downey
Buyer's Agent
Gary Krill
Compass
List Price
$1,795,000
Sold Price
$1,785,000
Premium/Discount to List
-$10,000
-0.56%
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
$1,004,066
Avg. Annual Appreciation
3.96%
Original Mortgage
$885,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 3, 2012
Sold by
Shields Joseph J and Helen J Wakefield Trust
Bought by
Shields Joseph J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2012
Sold by
Hall Patricia
Bought by
Shields Joseph J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
3.86%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| El Sayad Nabil I | $1,785,000 | North American Title Company | |
| Shields Joseph J | -- | Orange Coast Title | |
| Shields Joseph J | -- | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | El Sayad Nabil I | $885,000 | |
| Previous Owner | Shields Joseph J | $163,500 | |
| Previous Owner | Shields Joseph J | $163,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/18/2014 06/18/14 | Sold | $1,785,000 | -0.6% | $665 / Sq Ft |
| 04/24/2014 04/24/14 | Pending | -- | -- | -- |
| 04/15/2014 04/15/14 | For Sale | $1,795,000 | -- | $669 / 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 |
|---|---|---|---|---|
| 2025 | $27,375 | $2,188,155 | $1,471,029 | $717,126 |
| 2024 | $27,375 | $2,145,251 | $1,442,186 | $703,065 |
| 2023 | $32,921 | $2,585,700 | $1,632,000 | $953,700 |
| 2022 | $25,128 | $2,061,950 | $1,386,185 | $675,765 |
| 2021 | $24,650 | $2,021,520 | $1,359,005 | $662,515 |
| 2020 | $24,587 | $2,000,793 | $1,345,071 | $655,722 |
| 2019 | $24,297 | $1,961,563 | $1,318,698 | $642,865 |
| 2018 | $23,717 | $1,923,102 | $1,292,842 | $630,260 |
| 2016 | $21,823 | $1,848,428 | $1,242,641 | $605,787 |
| 2015 | $20,927 | $1,820,664 | $1,223,976 | $596,688 |
| 2014 | $2,456 | $175,355 | $129,579 | $45,776 |
Source: Public Records
Agents Affiliated with this Home
-
Todd Hawke
-
Jean Shapen
Seller Co-Listing Agent in 2014
Jean Shapen
Coldwell Banker Realty
(562) 209-0743
14 Total Sales
-
Gary Krill
Buyer's Agent in 2014
Gary Krill
Compass
(310) 994-3922
140 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14077047
APN: 7245-025-003
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