NOT LISTED FOR SALE

Estimated Value: $1,059,000 - $1,270,000

8 Beds
3 Baths
3,212 Sq Ft
$371/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $699,000 $218 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,374/month

235 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Fenced
  • Spanish Architecture
  • Laundry Room
  • 3-minute walk to Craftsman Village Park

About This Home

As of February 2017

This Beautiful Spanish style Building Features (3 units,) 3 bedroom 1 bath ,3 bedroom 1 bath and a separate 2 bedroom 1 bath , 2 Car garage and plenty of driveway parking) Property is located at 750 Cerritos Ave, Long Beach, CA 90813. It has approximately 3,212 square feet of living space. This property is located in a great area of long beach very close to schools, church, shopping areas. The property is excellent for first time buyer to live in one and rent the others.

Last Agent to Sell the Property

Irma Velasquez

Century 21 LOTUS License #01495972 Listed on: 06/27/2016

Century 21 LOTUS

Co-Listed By

Karina chavez

Century 21 Allstars License #01360910

Last Buyer's Agent

Vania Rincon

Keller Williams Beverly Hills License #01489265

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,627

Year Built

  • Built in 1947

Lot Details

  • 6,301 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Stucco Fence
  • Fence is in fair condition
  • Front Yard

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • Spanish Architecture
  • Shingle Roof
  • Shingle Siding

Interior Spaces

  • 3,212 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Carpet
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 9
  • Tax Tract Number 5764
  • Assessor Parcel Number 7266003014

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $200
  • Operating Expense $250
  • Gross Income $3,470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,627

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Ad Number: 323-273-0234
  • Other Phone Description: 323-273-0234
  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 200.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7266003014
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 217.62
  • Window Features: Screens

Exterior Features

  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Fair Condition, Stucco Wall
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Shingle Siding

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6301.00
  • Price Per Lot Square Foot: 110.93

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 3470.00
  • Gross Scheduled Income: 41640.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 250.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 5764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2016
Sold by
Vanderhoof Jennifer
Bought by
Garcia Erick
Current Estimated Value
$1,184,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Nesicolaci Ismet and Nesicolaci Lisa
Bought by
Vanderhoof Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Uchio Ted Tetsuaki
Bought by
Nesicolaci Ismet and Nesicolaci Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.09%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 7, 2003
Sold by
Uchio Alejandra
Bought by
Uchio Ted Tetsuaki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,750
Interest Rate
5.73%

Purchase Details

Closed on
Feb 28, 2003
Sold by
Vang Houa and Thao Xai
Bought by
Uchio Ted Tetsuaki

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,750
Interest Rate
5.73%

Purchase Details

Closed on
Dec 29, 1995
Sold by
Vang Houa
Bought by
Vang Houa and Thao Xai

Purchase Details

Closed on
Oct 13, 1995
Sold by
Transamerica Financial Services
Bought by
Vang Houa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Garcia Erick $699,000 Wfg National Title Company
Vanderhoof Jennifer $680,000 Fidelity National Title Co
Nesicolaci Ismet $590,000 Equity Title
Uchio Ted Tetsuaki -- Chicago Title Co
Uchio Ted Tetsuaki $293,000 Chicago Title Co
Vang Houa -- North American Title
Vang Houa $140,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Erick $699,000
Previous Owner Vanderhoof Jennifer $120,000
Previous Owner Vanderhoof Jennifer $544,000
Previous Owner Nesicolaci Ismet $472,000
Previous Owner Uchio Ted Tetsuaki $219,750
Previous Owner Vang Houa $112,000
Closed Vanderhoof Jennifer $67,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $699,000 0.0% $218 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
10/18/2016 10/18/16 For Sale $699,000 0.0% $218 / Sq Ft
10/17/2016 10/17/16 Off Market $699,000 -- --
07/02/2016 07/02/16 Price Changed $699,000 -3.6% $218 / Sq Ft
04/01/2016 04/01/16 For Sale $725,000 -- $226 / 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 $10,627 $811,242 $568,684 $242,558
2024 $10,627 $795,336 $557,534 $237,802
2023 $10,449 $779,742 $546,602 $233,140
2022 $9,817 $764,454 $535,885 $228,569
2021 $9,613 $749,466 $525,378 $224,088
2020 $9,587 $741,782 $519,991 $221,791
2019 $9,477 $727,239 $509,796 $217,443
2018 $9,165 $712,980 $499,800 $213,180
2016 $7,668 $620,000 $317,200 $302,800
2015 $7,075 $585,000 $299,300 $285,700
2014 $6,653 $540,000 $276,300 $263,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16068516

California Regional Multiple Listing Service (CRMLS)

APN: 7266-003-014