NOT LISTED FOR SALE

7140 E Lanai St Long Beach, CA 90808

Rancho Estates Neighborhood

Estimated Value: $1,302,715 - $1,488,000

3 Beds
2 Baths
1,361 Sq Ft
$1,009/Sq Ft Est. Value

Last Sold March 30, 2019

Last sale price $930,000 $683 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,687/month

11 Days on Market

Highlights

  • City View
  • Midcentury Modern Architecture
  • High Ceiling
  • Cubberley K-8 Rated A-
  • Family Room with Fireplace
  • No HOA

About This Home

As of March 2019

Hurry and take a look at this thoughtful renovation of an ever-so coveted, Cliff May Rancho! Located on an interior block and revitalized with craftsmanship and period detail, this Rancho will be sure to impress. This home has been updated from the foundation, to the roof. If you're looking for turn key mid century, look no further.

Last Agent to Sell the Property

Ben Fisher

Keller Williams Beverly Hills License #01938483 Listed on: 02/14/2019

Keller Williams Beverly Hills

Last Buyer's Agent

SCOTT WILLIAMS

License #01051423

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,022

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • 5,171 Sq Ft Lot
  • Fenced Yard
  • Wood Fence
  • Block Wall Fence
  • Back Yard
  • Property is zoned LBPD11

Parking

  • Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Ranch Property
  • Shingle Roof

Interior Spaces

  • 1,361 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace
  • Vinyl Flooring
  • City Views

Kitchen

  • Convection Oven
  • Gas Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Open Patio

Utilities

  • Central Heating
  • 220 Volts
  • Property is located within a water district

Community Details

  • No Home Owners Association
  • Built by Cliff May

Listing and Financial Details

  • Assessor Parcel Number 7079-013-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,022

Year Built

Built in 1953 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Builder Name: Cliff May
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 1361
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1953
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 220V Throughout, Common Walls, High Ceilings (9 Feet+)
  • Fireplace Rooms: Den, Family Room, Free Standing, Living Room, Wood Burning
  • Flooring: Vinyl Tile
  • Appliances: Built-In Gas, Convection Oven, Cooktop - Gas
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area, Family Room, In Kitchen, Living Room
  • Kitchen Features: Island, Remodeled
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Recirculated Exhaust Fan
  • Price Per S Q F T: 660.54

Exterior Features

  • Tennis Court Y/N: No
  • Fence: Block, Wood
  • Patio: Concrete Slab, Patio Open
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Attached, Garage, Garage - 1 Car

Utilities

  • Volt 220: 220V Throughout
  • Heating: Central
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7079-013-008
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced Yard, Ranch, Sidewalks
  • Lot Size Area: 5171

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Feb 26, 2019
Sold by
Dosw Llc
Bought by
Albicker Paul and Kwak Gloria Yujin
Seller's Agent
Ben Fisher
Keller Williams Beverly Hills
Buyer's Agent
SCOTT WILLIAMS
List Price
$899,000
Sold Price
$930,000
Premium/Discount to List
$31,000
3.45%
Current Estimated Value
$1,395,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,244
Avg. Annual Appreciation
6.28%
Original Mortgage
$726,525
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
King Jason E
Bought by
Ddsw Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$770,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2002
Sold by
King Jason E
Bought by
King Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.69%

Purchase Details

Closed on
Jun 11, 2002
Sold by
King Byron E and King Susan C
Bought by
King Jason E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.69%

Purchase Details

Closed on
Jul 5, 2000
Sold by
King Jason E and King Revocable Living Trust
Bought by
King Byron E and King Susan C
Source: Public Records

Range of Values:

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Average Value
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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
Albicker Paul $930,000 First American Title Company
Ddsw Llc $670,000 First American Title Company
King Jason E -- Old Republic Title
King Jason E -- --
King Byron E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albicker Paul $719,000
Closed Albicker Paul $722,500
Closed Albicker Paul $726,525
Previous Owner Ddsw Llc $770,000
Previous Owner King Jason E $204,000
Previous Owner King Jason E $212,000
Previous Owner King Jason E $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2019 03/30/19 Sold $930,000 +3.4% $683 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $899,000 -- $661 / Sq Ft
Source: The MLS

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 $13,022 $1,037,428 $725,085 $312,343
2024 $13,022 $1,017,087 $710,868 $306,219
2023 $12,814 $997,145 $696,930 $300,215
2022 $12,023 $977,594 $683,265 $294,329
2021 $11,802 $958,426 $669,868 $288,558
2019 $8,487 $670,000 $500,000 $170,000
2018 $3,957 $303,178 $211,275 $91,903
2017 $3,912 $297,234 $207,133 $90,101
2016 $3,637 $291,407 $203,072 $88,335
2015 $3,493 $287,031 $200,022 $87,009
2014 $3,472 $281,409 $196,104 $85,305
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Ben Fisher

    Keller Williams Beverly Hills

    Section Image

  • S

    Buyer's Agent in 2019

    SCOTT WILLIAMS

  • A

    Buyer's Agent in 2019

    Ali Pourrastegar

See All Agents

Map

Source: The MLS

MLS Number: 19-434634

The MLS

APN: 7079-013-008

California Los Angeles County Long Beach 90808 Rancho Estates

7140 E Lanai St, Long Beach, CA

This home is located at 7140 E Lanai St, Long Beach, CA 90808 since 14 February 2019 and is currently estimated at $1,373,679, approximately $1,009 per square foot. This property was built in 1953. 7140 E Lanai St is a home located in Los Angeles County with nearby schools including Cubberley K-8 and Millikan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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