NOT LISTED FOR SALE

691 Stanley Ave Long Beach, CA 90814

Bluff Heights Neighborhood

Estimated Value: $1,211,037 - $1,759,000

8 Beds
8 Baths
3,900 Sq Ft
$374/Sq Ft Est. Value

Last Sold April 03, 2015

Last sale price $667,000 $171 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,541/month

250 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Tile Flooring
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of April 2015

Outstanding investment opportunity! Property was totally remodeled approximately 7 years ago. This property is in excellent condition! It has upgraded electrical and copper plumbing. Each unit has it's own A/C and forced air heating systems to keep you comfortable no matter what the weather. The units get excellent light from the numerous skylights to help keep those bills low. Each kitchen has beautiful granite countertops and quality appliances, including dishwashers. All units have a full bathroom as well as a 3/4 quarter bathroom too! Durable and stylish 17" tiles throughout each unit are easy to maintain and look great! Located in Rose Park, it's close to many restaurants, local stores and only one mile from the beach! This is truly a property not to miss!

Last Agent to Sell the Property

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 01/29/2015

Last Buyer's Agent

Eileen Rivera

GE Dean and Associates License #01208517

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 4,507 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,900 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 90
  • Assessor Parcel Number 7262029017

Community Details

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7262029017
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 171.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4507.00
  • Lot Size Acres: 0.1030

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Lot Size Area: 4507.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 90
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
Scott Roger J
Bought by
Scott Kianna Nesbit
Current Estimated Value
$1,456,759

Purchase Details

Listed on
Jan 29, 2015
Closed on
Feb 20, 2015
Sold by
Boardroom Investment Properties Llc
Bought by
Scott Roger J and Nesbit Scott Kianna
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$789,000
Sold Price
$667,000
Premium/Discount to List
-$122,000
-15.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$654,918
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2014
Sold by
Strategic Acquistions Inc
Bought by
Boardroom Investment Properties Llc

Purchase Details

Closed on
May 2, 2014
Sold by
Lewis Bret
Bought by
Strategic Acquisitions Inc

Purchase Details

Closed on
Mar 29, 2014
Sold by
Crow Casey
Bought by
Cordes Kevin

Purchase Details

Closed on
Dec 3, 2012
Sold by
Barak Enterprises Inc
Bought by
Crow Casey and Ltd Financial Capital Trust

Purchase Details

Closed on
Jan 9, 2008
Sold by
Lewis Bret
Bought by
Barak Enterprises Inc

Purchase Details

Closed on
Mar 8, 2005
Sold by
Jaw Jin Hwa and Tsai Ling Chuan
Bought by
Lewis Bret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,000
Interest Rate
8.22%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 10, 2003
Sold by
Hud
Bought by
Jaw Jin Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,220
Interest Rate
5.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 17, 2003
Sold by
Us Bank Na
Bought by
Hud

Purchase Details

Closed on
Aug 23, 2002
Sold by
Kendall Tyrone
Bought by
Us Bank National Assn and Firstar Bank National Assn

Purchase Details

Closed on
Jan 15, 1999
Sold by
Sanchez Luis A
Bought by
Kendall Tyrone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,629
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 1998
Sold by
Sanchez Sandra
Bought by
Sanchez Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.88%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Fleet Mtg Corp
Bought by
Sanchez Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.88%

Purchase Details

Closed on
Jun 17, 1998
Sold by
Espinoza Ermila
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
6.88%

Purchase Details

Closed on
Oct 12, 1994
Sold by
Thompson Rebecca G
Bought by
Taylor Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 1994
Sold by
Skyler Living Trust
Bought by
Taylor Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 1994
Sold by
Hoey Calvin C and Hoey Skyler Nola
Bought by
Skyler Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
8.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scott Kianna Nesbit -- None Listed On Document
Scott Roger J $667,000 Fidelity National Title Co
Boardroom Investment Properties Llc -- None Available
Strategic Acquisitions Inc -- None Available
Cordes Kevin -- None Available
Crow Casey -- None Available
Barak Enterprises Inc $181,906 Accommodation
Lewis Bret $660,000 North American Title Co
Jaw Jin Hwa $449,000 --
Hud -- --
Us Bank National Assn $327,578 Chicago Title Co
Kendall Tyrone $290,000 South Coast Title
Sanchez Luis A -- First Southwestern Title Co
Sanchez Luis A $121,000 First Southwestern Title
Fleet Mtg Corp $110,000 First Southwestern Title
Taylor Jan -- World Title
Taylor Jan -- World Title
Skyler Living Trust $11,196 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Roger J $654,918
Previous Owner Lewis Bret $561,000
Previous Owner Jaw Jin Hwa $314,220
Previous Owner Kendall Tyrone $287,629
Previous Owner Sanchez Luis A $133,000
Previous Owner Taylor Jan $24,000
Closed Lewis Bret $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2015 04/03/15 Sold $667,000 -15.5% $171 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
06/06/2014 06/06/14 For Sale $789,000 -- $202 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,171 $801,622 $360,551 $441,071
2024 $10,668 $785,905 $353,482 $432,423
2023 $10,486 $770,496 $346,551 $423,945
2022 $9,855 $755,389 $339,756 $415,633
2021 $9,643 $740,579 $333,095 $407,484
2020 $9,617 $733,586 $329,680 $403,906
2019 $9,505 $719,215 $323,216 $395,999
2018 $9,209 $705,126 $316,879 $388,247
2016 $8,460 $677,171 $304,575 $372,596
2015 $7,936 $650,000 $350,000 $300,000
2014 -- $652,951 $351,589 $301,362
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jack Stephan

    Jack Stephan, Broker

    (310) 936-8334

    38 Total Sales

    Section Image
  • Eileen Rivera

    Buyer's Agent in 2015

    Eileen Rivera

    GE Dean and Associates

    (562) 688-9809

    1 in this area

    64 Total Sales

    Eileen Rivera
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN14119059

California Regional Multiple Listing Service (CRMLS)

APN: 7262-029-017

California Los Angeles County Long Beach 90804 Bluff Heights

691 Stanley Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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