NOT LISTED FOR SALE

774 Obispo Ave Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $1,698,000 - $2,013,243

9 Beds
5 Baths
4,191 Sq Ft
$440/Sq Ft Est. Value

Sale Details

Date Sold: February 19, 2020

Last sale price $1,489,000 $355 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,868 / mo

98 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Rose Park
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

As of February 2020

Remodeled CASH COW Quadraplex in the highly desired Rose Park! The front unit is a 3 bedroom, 2 bath with fireplace, large living room, in-unit laundry, and a 2-Car garage. The other remodeled units are all 2 bed, 1 bath with a 1 car garage parking. All units have desirable, spacious bedrooms. There is a community laundry room for units without laundry and backyard to relax and even entertain. There are 4 separate electric and gas meters, and 1 water meter. The property sits on a beautiful and well-manicured street with mature trees. All units can easily be delivered vacant!

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 10/10/2019

Last Buyer's Agent

Marc Vallefuoco

First Team -Corporate Office License #01812456

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 6,504 Sq Ft Lot
  • No Common Walls
  • Sprinkler System
  • Private Yard

Parking

  • 5 Open Parking Spaces
  • 5 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,191 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 37298
  • Assessor Parcel Number 7258021018

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $120,960
  • Net Operating Income $120,960

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

6,504 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Rose Park
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7258021018
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 355.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System, Yard
  • Lot Size Sq Ft: 6504.00
  • Lot Size Acres: 0.1493

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Gross Income: 120960.00
  • Gross Scheduled Income: 120960.00
  • Lot Size Area: 6504.0000 Square Feet
  • Net Operating Income: 120960.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5769.04
  • Tax Lot: 17
  • Tax Tract Number: 37298

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Jan 16, 2020
Sold by
Bought by
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Marc Vallefuoco
First Team -Corporate Office
List Price
$1,489,000
Sold Price
$1,489,000
Current Estimated Value
$1,846,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,061
Avg. Annual Appreciation
3.39%
Original Mortgage
$1,489,000
Interest Rate
0.036%
Mortgage Type
VA

Purchase Details

Listed on
Feb 4, 2019
Closed on
Apr 15, 2019
Sold by
Bought by
Seller's Agent
Mike Dunfee
Engel & Völkers Long Beach
Buyer's Agent
Bret Lewis
Bret Lewis, Broker
List Price
$1,395,000
Sold Price
$1,282,000
Premium/Discount to List
-$113,000
-8.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.16%
Original Mortgage
$1,089,700
Interest Rate
0.0737%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$857,500
Interest Rate
0.0837%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2005
Sold by
Bought by

Purchase Details

Closed on
May 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
0.0422%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
0.0422%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
0.0578%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,489,000 Chicago Title Company
-- Accommodation
$1,282,000 Orange Coast Title Company
-- None Available
-- None Available
-- None Available
-- Investors Title Company
-- --
-- --
-- --
-- Chicago Title Co
$344,000 Chicago Title Co
$890,000 Chicago Title Co
-- --
-- North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $168,022
Open $1,489,000
Previous Owner --
Previous Owner $1,089,700
Previous Owner $857,500
Previous Owner $712,000
Previous Owner $306,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2020 02/19/20 Sold $1,489,000 0.0% $355 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $1,489,000 0.0% $355 / Sq Ft
11/25/2019 11/25/19 Pending -- -- --
11/04/2019 11/04/19 Price Changed $1,489,000 -0.7% $355 / Sq Ft
10/10/2019 10/10/19 For Sale $1,499,999 +17.0% $358 / Sq Ft
05/10/2019 05/10/19 Sold $1,282,000 -1.2% $306 / Sq Ft View Prior Sale
03/21/2019 03/21/19 Price Changed $1,297,000 -7.0% $309 / Sq Ft
02/04/2019 02/04/19 For Sale $1,395,000 -- $333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $21,710 $1,628,435 $753,520 $874,915
2024 $20,770 $1,596,506 $738,746 $857,760
2023 $20,424 $1,565,203 $724,261 $840,942
2022 $19,169 $1,534,513 $710,060 $824,453
2021 $18,788 $1,504,426 $696,138 $808,288
2020 $16,562 $1,307,640 $714,000 $593,640
2019 $12,967 $1,000,862 $412,117 $588,745
2018 $12,576 $981,238 $404,037 $577,201
2016 $11,558 $943,138 $388,349 $554,789
2015 $11,097 $928,972 $382,516 $546,456
2014 $11,027 $910,776 $375,024 $535,752
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bret Lewis

    Bret Lewis, Broker

    (480) 225-6616

    62 Total Sales

    Bret Lewis
    Section Image

  • M

    Buyer's Agent in 2020

    Marc Vallefuoco

    First Team -Corporate Office

    Section Image

  • M

    Seller's Agent in 2019

    Mike Dunfee

    Engel & Völkers Long Beach

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19240190

California Regional Multiple Listing Service (CRMLS)

APN: 7258-021-018

California Los Angeles County Long Beach 90804 Rose Park

774 Obispo Ave, Long Beach, CA

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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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