NOT LISTED FOR SALE

841 Ohio Ave Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $1,188,000 - $1,623,000

4 Beds
3 Baths
1,996 Sq Ft
$709/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $1,250,000 $626 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,796/month

8 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Front Yard

About This Home

As of September 2021

This opportunity is not to be missed! Well Maintained Income Producing Triplex in Rose Park! Great Investment or Owner Occupied Opportunity! The two front units consist of one bedroom, one baths- Front unit (843) has been recently upgraded; new tile work, kitchen cabinets and countertops, recessed lighting, new fixtures and freshly painted. Front unit (845) the other is currently tenant occupied and may be delivered vacant. Unit 841 is a two bedroom, one bath unit and is in the back of the building above the 3 car garages (one garage has been converted into a storage room and can be easily converted back with garage door). 841 is spacious, completely remodeled and has a private backyard. Each unit has their own washer/dryer inside and patio area. This great property has a long driveway for ample parking and tons of storage.

Walking distance to charming Rose Park, 4th Street's Retro Row, a bike ride to the beach, 2nd St. and Downtown!

Last Agent to Sell the Property

Gia Silva

INTI Realty License #01408839 Listed on: 08/04/2021

Last Buyer's Agent

Kathy Fletcher

INTI Realty License #02035125

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,752 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,996 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 28 / 109
  • Assessor Parcel Number 7262015016

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Eastside Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $28,770
  • Gross Income $82,200
  • Net Operating Income $53,430

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.53
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR2N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7262015016
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 626.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6752.00
  • Lot Size Acres: 0.1550

Multi Family

  • Gross Income: 82200.00
  • Gross Scheduled Income: 82200.00
  • Lot Size Area: 6752.0000 Square Feet
  • Net Operating Income: 53430.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 28770.00
  • Rent Control: No
  • Total Expenses: 28770.00

Tax Info

  • Tax Block: 109
  • Tax Census Tract: 5769.04
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Redmond Audrena and Audrean Redmond Trust
Bought by
Redmond Audrena
Current Estimated Value
$1,415,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,000
Outstanding Balance
$619,752
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$795,902

Purchase Details

Closed on
Oct 25, 2019
Sold by
Redmond Audrena
Bought by
Redmond Audrena and Audrena Redmond Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,000
Outstanding Balance
$619,752
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$795,902

Purchase Details

Closed on
Dec 7, 2018
Sold by
Redmond Audrena
Bought by
Redmond Audrena and The Audrena Redmond Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2007
Sold by
Redmond Audrena L
Bought by
Redmond Audrena and Audrena Redmond Trust

Purchase Details

Closed on
Oct 12, 2006
Sold by
Allen Minesha
Bought by
Redmond Audrena L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2005
Sold by
Conrad Shirley
Bought by
Allen Minesha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1993
Sold by
Conrad Shirley and The Belle R Conrad Trust
Bought by
Conrad Shirley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Redmond Audrena -- Amrock Inc
Redmond Audrena -- Amrock Inc
Redmond Audrena -- None Available
Redmond Audrena -- Title Source Inc
Redmond Audrena -- Civic Center Title Svc Inc
Redmond Audrena L $750,000 First American Title Co
Allen Minesha $610,000 Ticor Title Co
Conrad Shirley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redmond Audrena $706,000
Closed Redmond Audrena $640,500
Closed Redmond Audrena L $562,500
Previous Owner Allen Minesha $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $1,250,000 +5.9% $626 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $1,180,000 -- $591 / 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 $16,806 $1,326,509 $636,724 $689,785
2024 $16,806 $1,300,500 $624,240 $676,260
2023 $16,525 $1,275,000 $612,000 $663,000
2022 $15,506 $1,250,000 $600,000 $650,000
2021 $10,056 $800,000 $466,400 $333,600
2020 $9,168 $720,000 $419,800 $300,200
2019 $8,686 $675,000 $393,600 $281,400
2018 $7,651 $600,000 $349,900 $250,100
2016 $6,152 $500,000 $291,600 $208,400
2015 $5,542 $460,000 $268,300 $191,700
2014 $5,616 $460,000 $268,300 $191,700
Source: Public Records

Agents Affiliated with this Home

  • Gia Silva

    Seller's Agent in 2021

    Gia Silva

    INTI Realty

    (562) 572-4978

    3 in this area

    86 Total Sales

    Gia Silva
    Section Image
  • Kathy Fletcher

    Buyer's Agent in 2021

    Kathy Fletcher

    INTI Realty

    (714) 837-3451

    1 in this area

    66 Total Sales

    Kathy Fletcher
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21171137

California Regional Multiple Listing Service (CRMLS)

APN: 7262-015-016

California Los Angeles County Long Beach 90804 Rose Park

841 Ohio Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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