Seller's Agent in 2023
Anthony Walker
Buckingham Investments, Inc
(310) 982-7055
6 in this area
89 Total Sales
781 Termino Ave Long Beach, CA 90804
Recreation Park NeighborhoodEstimated Value: $2,324,000 - $2,869,326
10
Beds
6
Baths
5,280
Sq Ft
$492/Sq Ft
Est. Value
About This Home
As of January 2023Beautiful, huge Spanish style 6 unit property only steps from Belmont Heights! Extensively renovated property including water free turf landscaping, all new electrical mains and subpanels, new wiring and plumbing in front building, and new exterior paint. 4 enormous two bedroom, one bathroom units in front of over 1000 square feet each with open concept living rooms, dining areas, large kitchens, dishwashers, in unit laundry, and plenty of storage. Attractive central courtyard for shared outdoor space. 2 one bedroom, one bathroom units above 5 garages and laundry room at the rear of the property. Interior renovations for 2 bed units include refinished original hardwood floors, vinyl flooring in kitchens, new cabinets, countertops, stainless steel appliances, new dual vanities in restrooms, floor tile, tub surrounds, and lighting. Very well priced on actual income at an in-place cap rate of 4.2% and 14.9X GRM. Spanish style retro character throughout the property with domed high ceilings, curved archways, original built-ins in rear units, and exterior detail. Potential to convert garages into two ADUs for additional income and value (buyer to verify). Incredible Belmont Heights adjacent location only a few blocks to second street, the Colorado Lagoon, and Rec Park. Long Beach Green belt access from directly in front of the property for an easy bike to the beach, restaurants, and bars. Conveniently located next to Wilson High School, Jefferson Middle School, and Cal State Long Beach.
Last Agent to Sell the Property
Buckingham Investments, Inc License #01908153 Listed on: 11/07/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1929
Lot Details
- 6,403 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Parking
- 5 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Property Attached
Interior Spaces
- 5,280 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Laundry
- Laundry in unit
- Stacked Washer and Dryer
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 21 / B
- Tax Tract Number 577
- Assessor Parcel Number 7254022028
Community Details
Overview
- 2 Buildings
- 6 Units
- Eastside Subdivision
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Electric Expense $416
- Fuel Expense $416
- Gardener Expense $600
- Insurance Expense $3,540
- Maintenance Expense $7,793
- Pest Control $1,000
- Professional Management Expense $7,793
- Trash Expense $416
- Water Sewer Expense $416
- New Taxes Expense $30,625
- Operating Expense $53,515
- Gross Income $155,860
- Net Operating Income $102,345
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
Nov 7, 2022
Closed on
Jan 19, 2023
Sold by
Bought by
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Dick Caley
Coastal Equities, California Real Estate Brokers
List Price
$2,450,000
Sold Price
$2,440,000
Premium/Discount to List
-$10,000
-0.41%
Views
33
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
$156,663
Avg. Annual Appreciation
1.79%
Purchase Details
Listed on
Nov 7, 2022
Closed on
Jan 17, 2023
Sold by
Bought by
Seller's Agent
Anthony Walker
Buckingham Investments, Inc
Buyer's Agent
Dick Caley
Coastal Equities, California Real Estate Brokers
List Price
$2,450,000
Sold Price
$2,440,000
Premium/Discount to List
-$10,000
-0.41%
Views
33
Purchase Details
Closed on
Aug 26, 2019
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
$1,467,000
Interest Rate
0.038%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 10, 2017
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
$1,410,000
Interest Rate
0.0415%
Mortgage Type
Commercial
Purchase Details
Closed on
May 7, 2002
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
$450,000
Interest Rate
0.0686%
Mortgage Type
Commercial
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
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 |
|---|---|---|---|
| -- | Wfg National Title | ||
| $2,450,000 | Wfg National Title | ||
| -- | Orange Coast Title Company | ||
| $1,762,500 | Ticor Title Company | ||
| $619,000 | Fidelity Title |
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 |
|---|---|---|---|
| Previous Owner | $1,467,000 | ||
| Previous Owner | $1,440,000 | ||
| Previous Owner | $1,410,000 | ||
| Previous Owner | $450,000 |
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 |
|---|---|---|---|---|
| 01/20/2023 01/20/23 | Sold | $2,440,000 | -0.4% | $462 / Sq Ft |
| 12/21/2022 12/21/22 | Pending | -- | -- | -- |
| 11/07/2022 11/07/22 | For Sale | $2,450,000 | -- | $464 / 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 | $33,608 | $2,538,576 | $1,649,034 | $889,542 |
| 2024 | $32,158 | $2,488,800 | $1,616,700 | $872,100 |
| 2023 | $25,243 | $1,927,548 | $1,345,183 | $582,365 |
| 2022 | $23,692 | $1,889,754 | $1,318,807 | $570,947 |
| 2021 | $23,216 | $1,852,701 | $1,292,949 | $559,752 |
| 2019 | $22,884 | $1,797,750 | $1,254,600 | $543,150 |
| 2018 | $10,517 | $787,911 | $190,928 | $596,983 |
| 2016 | $9,661 | $757,317 | $183,515 | $573,802 |
| 2015 | $9,285 | $745,942 | $180,759 | $565,183 |
| 2014 | $9,244 | $731,331 | $177,219 | $554,112 |
Source: Public Records
Agents Affiliated with this Home
-
Anthony Walker
-
Josh Ess
Seller Co-Listing Agent in 2023
Josh Ess
Buckingham Investments, Inc
(310) 982-7055
1 in this area
45 Total Sales
-
Dick Caley
Buyer's Agent in 2023
Dick Caley
Coastal Equities, California Real Estate Brokers
(562) 221-0410
1 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22237755
APN: 7254-022-028
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 810 Belmont Ave
- 4037 E 7th St
- 924 Termino Ave
- 927 Belmont Ave
- 680 Grand Ave Unit 204
- 4141 E Theresa St
- 1062 Termino Ave
- 917 Euclid Ave Unit 1
- 4027 E 11th St
- 1052 Ximeno Ave
- 843 Newport Ave
- 1061 Park Ave
- 1061 Park Ave Unit 115
- 1117 Euclid Ave
- 1081 Loma Ave
- 1100 Euclid Ave Unit 113
- 1203 Ximeno Ave
- 4340 E 4th St
- 634 Quincy Ave
- 3700 E 4th St
- 792 Termino Ave Unit 2
- 792 Termino Ave
- 770 Termino Ave
- 794 Termino Ave
- 760 Termino Ave Unit 4
- 754 Termino Ave
- 747 Belmont Ave
- 746 Termino Ave
- 775 Termino Ave
- 3980 E 8th St
- 767 Termino Ave
- 759 Termino Ave
- 4038 E 8th St
- 744 Termino Ave
- 745 Belmont Ave
- 751 Termino Ave
- 3922 E 8th St
- 807 Belmont Ave
- 4045 E 8th St Unit G
- 4045 E 8th St Unit F
Your Personal Tour Guide
Ask me questions while you tour the home.