Seller's Agent in 2017
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
2 in this area
52 Total Sales
717 E 1st St Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $2,251,000 - $3,539,536
2
Beds
2
Baths
3,904
Sq Ft
$724/Sq Ft
Est. Value
Highlights
- City Lights View
- 7,511 Sq Ft lot
- Fireplace in Kitchen
- Long Beach Polytechnic High School Rated A
- Dual Staircase
- Main Floor Bedroom
About This Home
As of September 2017717 E. 1st street was originally constructed in the year 1919. It has incredible curb appeal with an unbeatable location. Comprised of four large (976Sf) 1bd x 1bth units, featuring built in cabinetry, walk in closets, high ceilings with open floor plans. A value-add asset with a strong rental history. Located in one of the most sought after neighborhoods Downtown has to offer. Steps from the Ocean, restaurants, parks, coffee shops, nightlife, metro and bus services. Each unit has it's own large laundry room with laundry hookup.
This particular neighborhood is a heavily impacted parking area. The subject property has 5 garages with 10 additional parking spaces, unheard of in this neighborhood.
Last Agent to Sell the Property
Kinnery's Brokerage House License #01852032 Listed on: 06/26/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 7,511 Sq Ft Lot
- Lot Dimensions are 50 x 151
- Two or More Common Walls
- Paved or Partially Paved Lot
Parking
- 5 Car Garage
- 10 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Unassigned Parking
Property Views
- City Lights
- Neighborhood
Home Design
- Apartment
- Entry on the 1st floor
- Flat Roof Shape
- Raised Foundation
Interior Spaces
- 3,904 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Built-In Features
- Ceiling Fan
- Electric Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Laundry Room
Kitchen
- Gas Cooktop
- Fireplace in Kitchen
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Main Floor Bedroom
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Natural Gas Connected
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 22 / 98
- Tax Tract Number 21
- Assessor Parcel Number 7281021016
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $24,915
- Gross Income $54,120
- Net Operating Income $27,657
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 1, 2024
Sold by
Hamada Kenshi
Bought by
Colon Co Ltd
Current Estimated Value
Purchase Details
Closed on
Oct 3, 2018
Sold by
Hamada Kaho
Bought by
Hamada Kenshi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 13, 2018
Sold by
Lujan Ramon and Lujan Norma
Bought by
Hamada Kenshi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 26, 2017
Closed on
Sep 13, 2017
Sold by
Ross Matt
Bought by
Ross Matt and David G & Esther Ross 1996 Family Trust
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$1,249,000
Sold Price
$1,397,000
Premium/Discount to List
$148,000
11.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$838,200
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 26, 2017
Closed on
Aug 29, 2017
Sold by
Lujan Irma Vanessa
Bought by
Lujan Aaron Ray
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$1,249,000
Sold Price
$1,397,000
Premium/Discount to List
$148,000
11.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,200
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 26, 2017
Closed on
Jul 25, 2017
Sold by
Pritchard Tony L P
Bought by
Lujan Ramon and Lujan Norma Tereza
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
George Bustamante
Coldwell Banker Commercial
List Price
$1,249,000
Sold Price
$1,397,000
Premium/Discount to List
$148,000
11.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$838,200
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 25, 2016
Sold by
Ross Matt
Bought by
Ross Matt and Hepler Sharon
Purchase Details
Closed on
May 17, 2016
Sold by
Ross Matt
Bought by
Ross Matt and The David G & Esther Ross 1996 Family Tr
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 |
|---|---|---|---|
| Colon Co Ltd | -- | None Listed On Document | |
| Hamada Kenshi | -- | Ticor Title Company | |
| Hamada Kenshi | $2,750,000 | Ticor Title Company | |
| Ross Matt | -- | Ticor Title Company | |
| Lujan Aaron Ray | -- | Ticor Title Company | |
| Lujan Ramon | $1,397,000 | Ticor Title Company | |
| Ross Matt | -- | None Available | |
| Ross Matt | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hamada Kenshi | $1,155,000 | |
| Previous Owner | Lujan Ramon | $838,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2017 09/21/17 | Sold | $1,397,000 | +11.8% | $358 / Sq Ft |
| 07/19/2017 07/19/17 | Pending | -- | -- | -- |
| 06/26/2017 06/26/17 | For Sale | $1,249,000 | -- | $320 / 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 | $39,435 | $3,060,000 | $2,142,000 | $918,000 |
| 2024 | $39,435 | $3,007,522 | $2,105,266 | $902,256 |
| 2023 | $38,752 | $2,948,552 | $2,063,987 | $884,565 |
| 2022 | $36,366 | $2,890,738 | $2,023,517 | $867,221 |
| 2021 | $35,470 | $2,834,058 | $1,983,841 | $850,217 |
| 2019 | $34,929 | $2,750,000 | $1,925,000 | $825,000 |
| 2018 | $18,331 | $1,397,000 | $980,000 | $417,000 |
| 2016 | $4,616 | $282,873 | $125,858 | $157,015 |
| 2015 | $4,452 | $278,625 | $123,968 | $154,657 |
| 2014 | $4,429 | $273,168 | $121,540 | $151,628 |
Source: Public Records
Agents Affiliated with this Home
-
Cameron Jacques
-
George Bustamante
Seller Co-Listing Agent in 2017
George Bustamante
Coldwell Banker Commercial
(562) 326-5043
43 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17144953
APN: 7281-021-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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