NOT LISTED FOR SALE

731 Obispo Ave Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $1,387,000 - $1,550,398

6 Beds
3 Baths
3,063 Sq Ft
$473/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $980,000 $320 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $8,873/month

32 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • Front Yard
  • Woodrow Wilson High School Rated A
  • Forced Air Heating and Cooling System
  • 3-minute walk to Rose Park

About This Home

As of May 2017

This property consists of a beautiful Craftsman style 2 bedroom house plus two 2 bedroom Spanish units in back. Near Rose Park at the edge of Belmont Heights. The house is approx. 1,200 sq. ft. The units are approx. 900 sq. ft. each. The house is highly upgraded with beautiful hardwood floors, central A/C and heat, re-modeled kitchen, etc. Perfect for owner/user. The entire property is well maintained with great curb appeal. There is a 2-car garage plus a laundry room. 2-car garage plus driveway parking.

Last Agent to Sell the Property

Thomas Winn

Long Beach Invest. Prop. License #00697278 Listed on: 02/04/2017

Last Buyer's Agent

Karen Franssen

First Team Real Estate License #01250469

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,606

Year Built

  • Built in 1922

Lot Details

  • 6,780 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 400 Car Garage

Home Design

  • 3,063 Sq Ft Home
  • Property Attached
  • Flat Roof Shape
  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 0010
  • Assessor Parcel Number 7258020022

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $2,900
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,606

Year Built

Built in 1922

Lot Details

0

Parking

400

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Rose Park
  • View: No
  • Water Sewer Expenses: 1.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7258020022
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 319.95

Exterior Features

  • Pool Private: No
  • Roof: Composition, Flat

Garage/Parking

  • Garage Spaces: 400.00
  • Total Parking Spaces: 400.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace, Forced Air, Natural Gas
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 6780.00

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 2900.00
  • Insurance Expense: 1.00
  • Net Operating Income: 1.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
  • Tax Census Tract: 5769.04
  • Tax Lot: 0010
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Black Nathan D and Black Alexander
Bought by
735 Obispo Llc
Current Estimated Value
$1,449,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Outstanding Balance
$679,788
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$823,765

Purchase Details

Closed on
Jan 14, 2021
Sold by
Black Nathan D and Black Alexander
Bought by
735 Obispo Llc

Purchase Details

Listed on
Feb 4, 2017
Closed on
May 18, 2017
Sold by
Tavaglione Frank and Frank Tavaglione 2009 Trust
Bought by
Black Nathan D and Black Alexander
Seller's Agent
Thomas Winn
Long Beach Invest. Prop.
Buyer's Agent
Karen Franssen
First Team Real Estate
List Price
$980,000
Sold Price
$980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%
Original Mortgage
$784,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2016
Sold by
Tavaglione Frank and Jerald H Fox 2009 Trust
Bought by
Tavaglione Frank and Frank Tavaglione 2009 Trust

Purchase Details

Closed on
Apr 9, 2009
Sold by
Fox Jerald and Tavaglione Frank
Bought by
Fox Jerald H and Jerald H Fox 2009 Trust

Purchase Details

Closed on
Dec 7, 1998
Sold by
Fox Jerald and Tavaglione Frank
Bought by
Fox Jerald and Tavaglione Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.73%
Source: Public Records

Range of Values:

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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
735 Obispo Llc -- Chicago Title Company
Black Nathan D -- Chicago Title
735 Obispo Llc -- None Available
Black Nathan D $980,000 Old Republic Title Company
Tavaglione Frank -- None Available
Fox Jerald H -- None Available
Fox Jerald -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Nathan D $736,000
Previous Owner Black Nathan D $751,000
Previous Owner Black Nathan D $784,000
Previous Owner Fox Jerald H $50,000
Previous Owner Fox Jerald $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $980,000 0.0% $320 / Sq Ft
04/26/2017 04/26/17 Off Market $980,000 -- --
04/25/2017 04/25/17 For Sale $980,000 0.0% $320 / Sq Ft
02/08/2017 02/08/17 Off Market $980,000 -- --
02/04/2017 02/04/17 For Sale $980,000 -- $320 / 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 $14,606 $1,137,367 $696,348 $441,019
2024 $14,606 $1,115,067 $682,695 $432,372
2023 $14,363 $1,093,204 $669,309 $423,895
2022 $13,486 $1,071,770 $656,186 $415,584
2021 $13,217 $1,050,756 $643,320 $407,436
2020 $13,183 $1,039,983 $636,724 $403,259
2019 $13,030 $1,019,592 $624,240 $395,352
2018 $12,621 $999,600 $612,000 $387,600
2016 $4,409 $345,423 $136,244 $209,179
2015 $4,240 $340,235 $134,198 $206,037
2014 $4,224 $333,572 $131,570 $202,002
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Thomas Winn

    Long Beach Invest. Prop.

  • Karen Franssen

    Buyer's Agent in 2017

    Karen Franssen

    First Team Real Estate

    (562) 746-9624

    1 in this area

    15 Total Sales

    Karen Franssen
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17025080

California Regional Multiple Listing Service (CRMLS)

APN: 7258-020-022

California Los Angeles County Long Beach 90804 Rose Park

731 Obispo Ave, Long Beach, CA

This home is located at 731 Obispo Ave, Long Beach, CA 90804 since 04 February 2017 and is currently estimated at $1,449,850, approximately $473 per square foot. This property was built in 1922. 731 Obispo Ave is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Maple Village Waldorf 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.

California Regional Multiple Listing Service (CRMLS) 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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