NOT LISTED FOR SALE

816 Grand Ave Long Beach, CA 90804

Recreation Park Neighborhood

Estimated Value: $1,075,000 - $1,178,000

4 Beds
3 Baths
1,676 Sq Ft
$667/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $714,000 $426 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,973/month

22 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Level Lot
  • Woodrow Wilson High School Rated A
  • Laundry Room

About This Home

As of March 2018

INVESTORS, REHABBERS, PEOPLE WHO WANT A HOME BUT WOULD LIKE INCOME TO HELP WITH THE MORTGAGE PAYMENT!
Two Craftsman-style Homes on a full lot on a quiet street, in the Eastside District of Long Beach, five blocks to Recreation Park and Woodrow Wilson Classical High School, and a short walk to Jefferson Middle School. The property consists of one Two-bedroom, Two-Bathroom Home with parking and separate yard, and laundry hookups, and one Two-bedroom One-Bathroom Home also with parking, separate yard and laundry hookups. Works as an Investment Property, Owners living both Homes, or for Owner Occupant letting the back Home help pay the mortgage. Separate meters for Gas and Electric.

Last Agent to Sell the Property

Daniel Claussen

Circle Real Estate License #01917910 Listed on: 01/02/2018

Circle Real Estate

Co-Listed By

Gwen Kelly

Broadmoor Realty, Inc. License #00552325

Last Buyer's Agent

Ellen Henry

Compass License #02000934

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,591

Year Built

  • Built in 1958

Lot Details

  • 5,838 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Private Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • 1,676 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 7254016010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $38,028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,591

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7254016010
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 426.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Yard
  • Lot Size Sq Ft: 5838.00

Multi Family

  • Gross Income: 38028.00
  • Gross Scheduled Income: 38028.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 3169.00

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2019
Sold by
Ourada Steven R and Ourada Julie E
Bought by
Garcia Manuel De Jesus and Garcia Jessica A
Current Estimated Value
$1,117,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 25, 2018
Sold by
Velazquez Ramon and Velazquez Maria De La Luz
Bought by
Garcia Manuel De Jesus and Garcia Jessica A
Seller's Agent
Daniel Claussen
Circle Real Estate
Buyer's Agent
Ellen Henry
Compass
List Price
$749,000
Sold Price
$714,000
Premium/Discount to List
-$35,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$571,200
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Lander John D
Bought by
Velazquez Ramon and Velazquez Maria De La Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Landis Scott W
Bought by
Lander John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,160
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2002
Sold by
Weiner Sanford K and Mulfeld Weiner Gail
Bought by
Landis Scott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.6%
Source: Public Records

Range of Values:

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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
Garcia Manuel De Jesus -- Ticor Title Riverside
Garcia Manuel De Jesus $725,000 Old Republic Title Company
Velazquez Ramon $668,000 North American Title Ins Co
Lander John D $490,000 Natc
Landis Scott W $285,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Manuel De Jesus $576,042
Closed Garcia Manuel De Jesus $574,500
Previous Owner Garcia Manuel De Jesus $571,200
Previous Owner Velazquez Ramon $22,800
Previous Owner Velazquez Ramon $334,000
Previous Owner Lander John D $384,160
Previous Owner Landis Scott W $228,000
Closed Lander John D $48,020
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $714,000 -4.7% $426 / Sq Ft
01/02/2018 01/02/18 For Sale $749,000 -- $447 / 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 $10,591 $833,656 $574,337 $259,319
2024 $10,591 $817,311 $563,076 $254,235
2023 $10,414 $801,286 $552,036 $249,250
2022 $9,772 $785,575 $541,212 $244,363
2021 $9,581 $770,172 $530,600 $239,572
2020 $9,556 $762,276 $525,160 $237,116
2019 $9,214 $728,280 $510,000 $218,280
2018 $8,555 $680,000 $477,400 $202,600
2016 $7,482 $620,000 $435,300 $184,700
2015 $6,160 $520,000 $365,100 $154,900
2014 $6,236 $520,000 $365,100 $154,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Daniel Claussen

    Circle Real Estate

    (562) 439-1000

    6 Total Sales

    Section Image
  • Gwen Kelly

    Seller Co-Listing Agent in 2018

    Gwen Kelly

    Broadmoor Realty, Inc.

    (562) 857-4936

    31 Total Sales

    Section Image
  • Ellen Henry

    Buyer's Agent in 2018

    Ellen Henry

    Compass

    (562) 458-6833

    72 Total Sales

    Section Image
  • Christy Di Leo

    Buyer Co-Listing Agent in 2018

    Christy Di Leo

    Compass

    (562) 370-3228

    74 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18001103

California Regional Multiple Listing Service (CRMLS)

APN: 7254-016-010

California Los Angeles County Long Beach 90804 Recreation Park

816 Grand Ave, Long Beach, CA

This home is located at 816 Grand Ave, Long Beach, CA 90804 since 02 January 2018 and is currently estimated at $1,117,722, approximately $666 per square foot. This property was built in 1958. 816 Grand Ave is a home located in Los Angeles County with nearby schools including Willard Elementary School, Woodrow Wilson High School, and Maple Village Waldorf School.

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.

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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