Seller's Agent in 2020
Billy Larsen
Real Broker
(949) 533-6648
77 Total Sales
727 Cerritos Ave Long Beach, CA 90813
Hellman NeighborhoodEstimated Value: $824,000 - $1,014,955
4
Beds
2
Baths
1,573
Sq Ft
$585/Sq Ft
Est. Value
Highlights
- Tile Flooring
- Security Fence
- Wall Furnace
- Long Beach Polytechnic High School Rated A
- Turnkey
- 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
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 in unit
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 24, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Jun 29, 2020
Closed on
Sep 13, 2020
Sold by
Bought by
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
2.93%
Original Mortgage
$765,872
Interest Rate
0.029%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 28, 2019
Sold by
Bought by
Purchase Details
Closed on
Nov 30, 2006
Sold by
Bought by
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
0.0715%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 15, 2004
Sold by
Bought by
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
0.0575%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jun 17, 2003
Sold by
Bought by
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
0.0475%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 4, 1995
Sold by
Bought by
Purchase Details
Closed on
Jul 28, 1995
Sold by
Bought by
Purchase Details
Closed on
Jan 3, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $780,000 | Lawyers Title | ||
| $562,117 | Lawyers Title | ||
| -- | Gateway Title | ||
| $440,000 | Chicago Title Co | ||
| $272,000 | Chicago Title Co | ||
| -- | Orange Coast Title | ||
| $83,000 | Gateway Title Company | ||
| $139,084 | Orange Coast Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $765,872 | ||
| Previous Owner | $6,000,000 | ||
| Previous Owner | $477,000 | ||
| Previous Owner | $351,900 | ||
| Previous Owner | $290,500 | ||
| Previous Owner | $244,800 | ||
| Previous Owner | $70,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $11,308 | $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
-
Billy Larsen
-
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
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 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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