NOT LISTED FOR SALE

757 Alamitos Ave Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $570,000 - $630,000

2 Beds
2 Baths
1,048 Sq Ft
$573/Sq Ft Est. Value

Last Sold June 14, 2021

Last sale price $515,000 $491 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,732/month

192 Days on Market

About This Home

As of June 2021

Located in East Village Arts District, Downtown Long Beach. Close proximity to shopping, transportation, museums and minutes away form Ocean Blvd. Units feature subway tiled countertop and backsplash, small dining area, private patio, energy efficient windows, upgraded electrical, copper plumbing and rod-iron fence. Potential to live in one unit and possible rental income from the other units. There is a large enclosed private backyard. The added backyard space provides the potential to add 2nd Bedrooms to each of the units to generate higher income. Buyer to do their due diligence and check city requirements, verify square footage and, confirm accuracy of all records and information.

Last Agent to Sell the Property

Mary Ann Lawson

Mary Ann Lawson Realtor Group License #01972514 Listed on: 10/16/2020

Mary Ann Lawson Realtor Group

Last Buyer's Agent

Mastaneh Kucheki

Flyhomes License #02019159

Flyhomes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,337 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • 1,048 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 5764
  • Assessor Parcel Number 7274024010

Community Details

Overview

  • 2 Units
  • Alamitos Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $325
  • Water Sewer Expense $1,233
  • Operating Expense $1,858
  • Gross Income $29,772
  • Net Operating Income $27,914

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 1233.00
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Parcel Number: 7274024010
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, End Unit
  • Price Per Square Foot: 491.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 325.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3337.00
  • Lot Size Acres: 0.0766

Multi Family

  • Gross Income: 29772.00
  • Gross Scheduled Income: 29772.00
  • Lot Size Area: 3337.0000 Square Feet
  • Net Operating Income: 27914.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1858.00
  • Rent Control: No
  • Total Expenses: 1858.00

Tax Info

  • Tax Census Tract: 5764.01
  • Tax Lot: 21
  • Tax Tract Number: 5764.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2013
Closed on
May 13, 2014
Sold by
Sanchez Edward M
Bought by
Matai Shaun
Seller's Agent
Phoebe Choong
CMF Real Estate Capital Group
Buyer's Agent
Phoebe Choong
CMF Real Estate Capital Group
List Price
$327,000
Sold Price
$300,000
Premium/Discount to List
-$27,000
-8.26%
Current Estimated Value
$600,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,913
Avg. Annual Appreciation
6.16%
Original Mortgage
$294,566
Outstanding Balance
$214,834
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$386,079

Purchase Details

Closed on
Jul 2, 2002
Sold by
Berklas James P and Souza Anthony P
Bought by
Sanchez Edward M

Purchase Details

Closed on
Oct 10, 1996
Sold by
Yeagley Charles W and Souza Diana C
Bought by
Berklas James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
8.23%

Purchase Details

Closed on
Aug 16, 1996
Sold by
Gwillam Oakley B
Bought by
Yeagley Anthony W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
8.23%

Purchase Details

Closed on
Jul 15, 1996
Sold by
Yeagley Gloriana
Bought by
Yeagley Charles W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Matai Shaun $300,000 First American Title
Sanchez Edward M $120,000 North American Title Co
Berklas James P -- First American
Yeagley Anthony W $55,000 North American Title Co
Gwillam Oakley B -- North American Title Co
Yeagley Charles W -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matai Shaun $294,566
Previous Owner Yeagley Anthony W $38,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2021 06/14/21 Sold $515,000 -2.6% $491 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $529,000 +76.3% $505 / Sq Ft
05/30/2014 05/30/14 Sold $300,000 -8.3% $224 / Sq Ft View Prior Sale
04/23/2014 04/23/14 Pending -- -- --
12/11/2013 12/11/13 For Sale $327,000 -- $244 / 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 $7,113 $557,451 $362,614 $194,837
2024 $7,113 $546,521 $355,504 $191,017
2023 $6,990 $535,806 $348,534 $187,272
2022 $6,562 $525,300 $341,700 $183,600
2021 $4,427 $339,746 $237,823 $101,923
2020 $4,415 $336,263 $235,385 $100,878
2019 $4,364 $329,670 $230,770 $98,900
2018 $4,200 $323,207 $226,246 $96,961
2016 $3,867 $310,658 $217,461 $93,197
2015 $3,714 $305,993 $214,195 $91,798
2014 $1,896 $141,765 $47,253 $94,512
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Ann Lawson

    Mary Ann Lawson Realtor Group

    (877) 973-3346

    1 in this area

    79 Total Sales

    Mary Ann Lawson
    Section Image

  • M

    Buyer's Agent in 2021

    Mastaneh Kucheki

    Flyhomes

    Section Image
  • Phoebe Choong

    Seller's Agent in 2014

    Phoebe Choong

    CMF Real Estate Capital Group

    (562) 761-6959

    20 Total Sales

    Phoebe Choong
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20215842

California Regional Multiple Listing Service (CRMLS)

APN: 7274-024-010

California Los Angeles County Long Beach 90813 Saint Mary's

757 Alamitos Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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