Seller's Agent in 2024
Tamas Batyi
Compass
(323) 236-6450
1 in this area
109 Total Sales
757 Redondo Ave Long Beach, CA 90804
Rose Park NeighborhoodEstimated Value: $1,606,000 - $1,653,919
6
Beds
4
Baths
3,006
Sq Ft
$543/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Living Room
- Paved or Partially Paved Lot
- Woodrow Wilson High School Rated A
- Laundry Room
- Wall Furnace
About This Home
As of February 2024Amazing opportunity to own this Four Unit Income Producing Property in the city of Long Beach. This Gorgeous Building sits on a Large 6,507 sqft lot, and features 4 Extensively Remodeled Units. Including 2 Detached Buildings with Two 2 Bedroom and 1 Bathroom Spacious Units with Private Front Yard in the front, and Two 1 Bedroom and 1 Bathroom Units in the back. Each Unit comes with a Separate Garage Space. All Kitchens are Meticulously Remodeled with Quartz Countertops, High-End Cabinetry and Fixtures, and Stainless Steel Appliances. Updated Bathrooms with Custom Tile Flooring, Newer Vanities and Fixtures, Quartz Counters, and many more. Front 2 Units have their own Washer and Dryer hookups inside. All 4 Units were Updated with Wood Laminate Flooring, Dual Pane Windows, New Front Doors, and Electrical and Plumbing upgrades as well. Roof on the back two units were replaced recently as well. Walking distance to shops and restaurants, about a Mile away from the Beach, and in very close proximity of California State University of Long Beach. This great property is currently operating at a 5.5% CAP Rate, which is extremely rare.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,517
Year Built
- Built in 1956
Lot Details
- 6,507 Sq Ft Lot
- 1 Common Wall
- Paved or Partially Paved Lot
- Front Yard
Parking
- 4 Car Garage
Home Design
- Quadruplex
- Flat Roof Shape
- Spanish Tile Roof
Interior Spaces
- 3,006 Sq Ft Home
- 1-Story Property
- Living Room
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Wall Furnace
Listing and Financial Details
- Tax Lot 46
- Tax Tract Number 5
- Assessor Parcel Number 7258022011
Community Details
Overview
- 2 Buildings
- 4 Units
- Eastside Subdivision
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,000
- Water Sewer Expense $1,100
- New Taxes Expense $18,000
- Operating Expense $22,100
- Gross Income $108,780
- Net Operating Income $86,680
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2023
Closed on
Jan 25, 2024
Sold by
Ferilli Rolando
Bought by
Duenes Benjamin C and Duenes Faye M
Seller's Agent
Tamas Batyi
Compass
Buyer's Agent
Kathleen Perez
Compass
List Price
$1,579,000
Sold Price
$1,546,000
Premium/Discount to List
-$33,000
-2.09%
Views
74
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
$84,980
Avg. Annual Appreciation
3.61%
Original Mortgage
$1,159,500
Outstanding Balance
$1,140,105
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$490,875
Purchase Details
Listed on
Jun 19, 2019
Closed on
Jul 15, 2019
Sold by
Gg Redondo Apartments Llc
Bought by
Ferilli Rolando
Seller's Agent
Andrew McAllister
eXp Realty of Greater L.A
Buyer's Agent
Andrew McAllister
eXp Realty of Greater L.A
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.43%
Original Mortgage
$1,060,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 3, 2018
Closed on
Oct 5, 2018
Sold by
Bell Keith A and Keith A Bell Revocable Trust
Bought by
Gg Redondo Apartments Llc
Seller's Agent
Allaina Taylor-Dancy
Nationwide Real Estate Execs
Buyer's Agent
Andrew McAllister
eXp Realty of Greater L.A
List Price
$914,999
Sold Price
$815,000
Premium/Discount to List
-$99,999
-10.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
87.98%
Purchase Details
Closed on
Feb 3, 2006
Sold by
Menjivar Edwin
Bought by
Majano Noemi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jul 9, 2003
Sold by
Bell Keith
Bought by
Bell Keith A and The Keith A Bell Revocable Tru
Purchase Details
Closed on
Jun 25, 2001
Sold by
Prosser Dean K and Prosser Linda J
Bought by
Bell Keith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.09%
Purchase Details
Closed on
Jul 11, 1994
Sold by
Prosser Laurine I
Bought by
Prosser Quentin T
Purchase Details
Closed on
May 3, 1994
Sold by
Nationsbank Of Virginia Na
Bought by
Prosser Dean K and Prosser Linda J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,850
Interest Rate
4.25%
Purchase Details
Closed on
Mar 25, 1994
Sold by
Ryland Mtg Company
Bought by
Nationsbank Of Virginia Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,850
Interest Rate
4.25%
Purchase Details
Closed on
Sep 21, 1993
Sold by
Specialized Inc
Bought by
Ryland Mtg Company
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 |
|---|---|---|---|
| Duenes Benjamin C | $1,546,000 | None Listed On Document | |
| Ferilli Rolando | $1,325,000 | Ticor Title | |
| Gg Redondo Apartments Llc | $815,000 | Chicago Title Company | |
| Majano Noemi | $730,000 | California Counties Title Co | |
| Bell Keith A | -- | -- | |
| Bell Keith | $350,000 | North American Title Co | |
| Prosser Quentin T | -- | First American Title Company | |
| Prosser Dean K | $225,500 | First American Title Company | |
| Nationsbank Of Virginia Na | -- | -- | |
| Ryland Mtg Company | $294,500 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Duenes Benjamin C | $1,159,500 | |
| Previous Owner | Ferilli Rolando | $1,060,000 | |
| Previous Owner | Gg Redondo Apartments Llc | $733,000 | |
| Previous Owner | Bell Keith A | $263,000 | |
| Previous Owner | Bell Keith A | $258,000 | |
| Previous Owner | Majano Noemi | $584,000 | |
| Previous Owner | Bell Keith A | $253,750 | |
| Previous Owner | Bell Keith | $256,000 | |
| Previous Owner | Prosser Dean K | $203,000 | |
| Previous Owner | Prosser Dean K | $157,850 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $1,546,000 | -2.1% | $514 / Sq Ft |
| 01/29/2024 01/29/24 | Pending | -- | -- | -- |
| 12/07/2023 12/07/23 | For Sale | $1,579,000 | +19.2% | $525 / Sq Ft |
| 08/06/2019 08/06/19 | Sold | $1,325,000 | -5.0% | $441 / Sq Ft |
| 07/01/2019 07/01/19 | Pending | -- | -- | -- |
| 06/19/2019 06/19/19 | For Sale | $1,395,000 | +71.2% | $464 / Sq Ft |
| 10/29/2018 10/29/18 | Sold | $815,000 | -1.2% | $271 / Sq Ft |
| 10/04/2018 10/04/18 | Price Changed | $825,000 | +1.2% | $274 / Sq Ft |
| 10/03/2018 10/03/18 | Pending | -- | -- | -- |
| 10/03/2018 10/03/18 | Off Market | $815,000 | -- | -- |
| 10/02/2018 10/02/18 | Price Changed | $825,000 | -5.7% | $274 / Sq Ft |
| 09/20/2018 09/20/18 | Price Changed | $875,000 | -4.4% | $291 / Sq Ft |
| 09/18/2018 09/18/18 | Price Changed | $914,999 | 0.0% | $304 / Sq Ft |
| 09/18/2018 09/18/18 | For Sale | $914,999 | -3.7% | $304 / Sq Ft |
| 09/10/2018 09/10/18 | Pending | -- | -- | -- |
| 09/03/2018 09/03/18 | For Sale | $949,999 | -- | $316 / 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 | $18,517 | $1,576,920 | $556,920 | $1,020,000 |
| 2024 | $18,517 | $1,420,665 | $804,150 | $616,515 |
| 2023 | $18,207 | $1,392,810 | $788,383 | $604,427 |
| 2022 | $17,089 | $1,365,501 | $772,925 | $592,576 |
| 2021 | $16,752 | $1,338,727 | $757,770 | $580,957 |
| 2019 | $10,657 | $815,000 | $500,000 | $315,000 |
| 2018 | $6,148 | $454,407 | $168,778 | $285,629 |
| 2016 | $5,653 | $436,764 | $162,225 | $274,539 |
| 2015 | $5,436 | $430,205 | $159,789 | $270,416 |
| 2014 | $5,416 | $421,778 | $156,659 | $265,119 |
Source: Public Records
Agents Affiliated with this Home
-
Tamas Batyi
-
Kathleen Perez
Buyer's Agent in 2024
Kathleen Perez
Compass
(516) 781-5050
1 in this area
58 Total Sales
-
Andrew McAllister
A
Seller's Agent in 2019
Andrew McAllister
eXp Realty of Greater L.A
(562) 423-8134
16 Total Sales
-
Drew McAllister
Buyer's Agent in 2019
Drew McAllister
Nationwide Real Estate Execs
(562) 528-8105
13 Total Sales
-
A
Seller's Agent in 2018
Allaina Taylor-Dancy
Nationwide Real Estate Execs
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23222873
APN: 7258-022-011
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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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