W
Seller's Agent in 2025
Wade Tettenburn
Palazzo Realty Inc.
(562) 400-0091
1 in this area
3 Total Sales
733 E 7th St Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $738,000 - $1,280,000
14
Beds
4
Baths
4,842
Sq Ft
$227/Sq Ft
Est. Value
Highlights
- Laundry Room
- Long Beach Polytechnic High School Rated A
- Wall Furnace
About This Home
As of January 2025**50K Price Reduction** Large units, make this bread and butter property a valueable additional to any portfolio. Close the heart of downtown, means good access, to the beach, shopping, transportation, and dining. Great price per unit, fantastic price per square foot, low GRM, and good cash flow make this 4 Unit building a fantastic property. Boasting average unit sizes of over 1,200 square feet with two 3 bedroom 1 bath units, and two 4 bedroom 1 bath units, along with 2 garages, the building layout offers lots of space. Washer and dryer hook ups and Seperately metered for gas, and electric. Don't miss this amazing opportunity for immediate cash flow.
Last Agent to Sell the Property
Palazzo Realty Inc. Brokerage Phone: 562-400-0091 License #01246595 Listed on: 10/19/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1918
Lot Details
- 5,413 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,842 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 4 / 26
- Tax Tract Number 576302
- Assessor Parcel Number 7274020018
- Seller Considering Concessions
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Net Operating Income $71,916
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 19, 2024
Closed on
Dec 10, 2024
Sold by
Tettenburn Mark and Tettenburn Wade
Bought by
Saenz Raquel
Seller's Agent
Wade Tettenburn
Palazzo Realty Inc.
Buyer's Agent
Jose Contreras
Coldwell Banker Quality Properties
List Price
$1,274,000
Sold Price
$1,150,000
Premium/Discount to List
-$124,000
-9.73%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$51,966
Avg. Annual Appreciation
-4.85%
Purchase Details
Listed on
Oct 19, 2024
Closed on
Nov 19, 2024
Sold by
Tettenburn Mark
Bought by
Tettenburn Wade
Seller's Agent
Wade Tettenburn
Palazzo Realty Inc.
Buyer's Agent
Jose Contreras
Coldwell Banker Quality Properties
List Price
$1,274,000
Sold Price
$1,150,000
Premium/Discount to List
-$124,000
-9.73%
Views
27
Purchase Details
Closed on
Jun 14, 2012
Sold by
Tettenburn Mark
Bought by
Tettenburn Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
3.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2001
Sold by
Lombardo Tano and Lombardo Jeanine
Bought by
Tettenburn Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.11%
Purchase Details
Closed on
Nov 2, 1999
Sold by
Guichard William L and Guichard Becky K
Bought by
Thieme Cliff H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,745
Interest Rate
7.82%
Purchase Details
Closed on
Dec 15, 1997
Sold by
Groen Glenn and Groen Annette
Bought by
Lombardo Tano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
7.23%
Purchase Details
Closed on
Dec 9, 1997
Sold by
Sullivan Aaron and Sullivan Janie
Bought by
Groen Glenn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
7.23%
Purchase Details
Closed on
Aug 15, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sullivan Aaron and Sullivan Janie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,900
Interest Rate
8.1%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 25, 1996
Sold by
Federal Deposit Insurance Corporation
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Apr 17, 1996
Sold by
Aguilar Robert
Bought by
Federal Deposit Insurance Corporation and Western Fsb
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 |
|---|---|---|---|
| Saenz Raquel | $1,150,000 | Monarch Title | |
| Tettenburn Wade | -- | Monarch Title | |
| Tettenburn Wade | -- | Monarch Title | |
| Tettenburn Mark | -- | Stewart Title Of California | |
| Tettenburn Mark | -- | Stewart Title Of California | |
| Tettenburn Mark | $365,000 | Commonwealth Land Title Co | |
| Thieme Cliff H | $275,000 | -- | |
| Lombardo Tano | $239,000 | North American Title Co | |
| Groen Glenn | -- | North American Title Co | |
| Sullivan Aaron | $130,000 | Continental Lawyers Title Co | |
| Federal Home Loan Mortgage Corporation | -- | Stewart Title | |
| Federal Deposit Insurance Corporation | $100,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Tettenburn Mark | $205,000 | |
| Previous Owner | Tettenburn Mark | $292,000 | |
| Previous Owner | Thieme Cliff H | $170,745 | |
| Previous Owner | Lombardo Tano | $191,200 | |
| Previous Owner | Sullivan Aaron | $148,900 | |
| Closed | Lombardo Tano | $23,900 | |
| Closed | Thieme Cliff H | $55,999 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2025 01/13/25 | Sold | $1,150,000 | -6.0% | $238 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 11/06/2024 11/06/24 | Price Changed | $1,224,000 | -3.9% | $253 / Sq Ft |
| 10/19/2024 10/19/24 | For Sale | $1,274,000 | -- | $263 / 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 | $7,544 | $539,191 | $103,399 | $435,792 |
| 2024 | $7,544 | $528,620 | $101,372 | $427,248 |
| 2023 | $7,415 | $518,256 | $99,385 | $418,871 |
| 2022 | $6,981 | $508,095 | $97,437 | $410,658 |
| 2021 | $6,814 | $498,133 | $95,527 | $402,606 |
| 2019 | $6,717 | $483,360 | $92,695 | $390,665 |
| 2018 | $6,479 | $473,883 | $90,878 | $383,005 |
| 2017 | $6,412 | $464,593 | $89,097 | $375,496 |
| 2016 | $5,938 | $455,484 | $87,350 | $368,134 |
| 2015 | $5,711 | $448,643 | $86,038 | $362,605 |
| 2014 | $5,689 | $439,856 | $84,353 | $355,503 |
Source: Public Records
Agents Affiliated with this Home
-
Wade Tettenburn
-
Jose Contreras
Buyer's Agent in 2025
Jose Contreras
Coldwell Banker Quality Properties
(818) 527-2272
1 in this area
133 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24076609
APN: 7274-020-018
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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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