Seller's Agent in 2020
Billy Larsen
Real Broker
(949) 533-6648
2 in this area
84 Total Sales
727 Cerritos Ave Long Beach, CA 90813
Hellman NeighborhoodEstimated Value: $862,000 - $1,136,000
4
Beds
2
Baths
1,573
Sq Ft
$630/Sq Ft
Est. Value
Highlights
- Laundry Room
- Tile Flooring
- Turnkey
- Long Beach Polytechnic High School Rated A
- Security Fence
- 4-minute walk to Craftsman Village Park
About This Home
As of October 2020Two houses on one lot! Live in one and rent the other, or rent both for cash flow!! The front house is a spacious 2 bedroom, 1 bathroom unit with upgraded plumbing and electrical, a new kitchen with beautiful quartz countertops, a large stainless steel sink, and stainless steel range and dishwasher. The bathroom has new tile floor, a new vanity, and subway tile shower and new tub! Separating the two units are 2 detached one car garages. The back unit is also a 2 bed 1 bath home with new the same upgrades as the front house! Located in a great location close to all downtown LB dining, nightlife and attractions including Shoreline Village, Pine Avenue, the Aquarium of the Pacific and Alamitos Bay. Don't miss out on this investment opportunity!
Last Buyer's Agent
Luz Hernandez
Dilbeck Real Estate License #01874098
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,801
Year Built
- Built in 1922
Lot Details
- 7,310 Sq Ft Lot
- No Common Walls
- Security Fence
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Side Facing Garage
Home Design
- 1,573 Sq Ft Home
- Duplex
- Turnkey
- Composition Roof
Kitchen
- Gas Range
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
Utilities
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 5764
- Assessor Parcel Number 7266004046
Community Details
Overview
- 3 Buildings
- 2 Units
- Alamitos Beach Subdivision
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $1,200
- Trash Expense $360
- Water Sewer Expense $1,800
- New Taxes Expense $9,339
- Operating Expense $12,699
- Gross Income $50,340
- Net Operating Income $37,641
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 24, 2024
Sold by
Miranda Jamie Violeta
Bought by
Chimbote Llc
Current Estimated Value
Purchase Details
Listed on
Jun 29, 2020
Closed on
Sep 13, 2020
Sold by
Valley Property Investors Llc
Bought by
Miranda Jamie Violeta
Seller's Agent
Billy Larsen
Real Broker
Buyer's Agent
Luz Hernandez
Dilbeck Real Estate
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$765,872
Interest Rate
2.9%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 28, 2019
Sold by
Campos Odila
Bought by
Valley Property Investors Llc
Purchase Details
Closed on
Nov 30, 2006
Sold by
Valencia Marcos Mendoza
Bought by
Campos Odila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 15, 2004
Sold by
Delariva Fred and Ortega Ruth Ann
Bought by
Mendoza Campos Odila and Mendoza Valencia Marcos
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,900
Interest Rate
5.75%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jun 17, 2003
Sold by
Nhim Yunnath and Sin Muhour
Bought by
Delariva Fred and Ortega Ruth Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 4, 1995
Sold by
The Manhattan Svgs Bank
Bought by
Federal Home Loan Mortgage Corporation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,950
Interest Rate
7.5%
Purchase Details
Closed on
Jul 28, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nhim Yunnath and Sin Muhour
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,950
Interest Rate
7.5%
Purchase Details
Closed on
Jan 3, 1995
Sold by
Butsanoy Melanie Meo and Vuong Peter
Bought by
The Manhattan Svgs Bank and Republic Bank For Svgs
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 |
|---|---|---|---|
| Chimbote Llc | -- | None Listed On Document | |
| Chimbote Llc | -- | None Listed On Document | |
| Miranda Jamie Violeta | $780,000 | Lawyers Title | |
| Valley Property Investors Llc | $562,117 | Lawyers Title | |
| Campos Odila | -- | Gateway Title | |
| Mendoza Campos Odila | $440,000 | Chicago Title Co | |
| Delariva Fred | $272,000 | Chicago Title Co | |
| Federal Home Loan Mortgage Corporation | -- | Orange Coast Title | |
| Nhim Yunnath | $83,000 | Gateway Title Company | |
| The Manhattan Svgs Bank | $139,084 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Miranda Jamie Violeta | $765,872 | |
| Previous Owner | Grupe Urban Properties Llc | $6,000,000 | |
| Previous Owner | Campos Odila | $477,000 | |
| Previous Owner | Mendoza Campos Odila | $351,900 | |
| Previous Owner | Delariva Fred | $290,500 | |
| Previous Owner | Delariva Fred | $244,800 | |
| Previous Owner | Nhim Yunnath | $70,000 | |
| Previous Owner | Nhim Yunnath | $53,950 | |
| Closed | Mendoza Campos Odila | $65,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2020 10/16/20 | Sold | $780,000 | -2.4% | $496 / Sq Ft |
| 09/08/2020 09/08/20 | Pending | -- | -- | -- |
| 08/24/2020 08/24/20 | For Sale | $799,000 | 0.0% | $508 / Sq Ft |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- |
| 08/17/2020 08/17/20 | Price Changed | $799,000 | -4.8% | $508 / Sq Ft |
| 07/28/2020 07/28/20 | Price Changed | $839,000 | -1.2% | $533 / Sq Ft |
| 06/29/2020 06/29/20 | For Sale | $849,000 | -- | $540 / 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 | $10,801 | $844,296 | $552,040 | $292,256 |
| 2024 | $10,801 | $827,742 | $541,216 | $286,526 |
| 2023 | $10,622 | $811,512 | $530,604 | $280,908 |
| 2022 | $9,972 | $795,600 | $520,200 | $275,400 |
| 2021 | $9,779 | $780,000 | $510,000 | $270,000 |
| 2020 | $7,240 | $562,500 | $365,000 | $197,500 |
| 2019 | $7,443 | $575,155 | $392,578 | $182,577 |
| 2018 | $7,154 | $563,879 | $384,881 | $178,998 |
| 2016 | $6,582 | $541,986 | $369,937 | $172,049 |
| 2015 | $6,318 | $533,846 | $364,381 | $169,465 |
| 2014 | $6,277 | $523,390 | $357,244 | $166,146 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2020
Luz Hernandez
Dilbeck Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20126260
APN: 7266-004-046
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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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