W
Seller's Agent in 2018
Walter Bowman
Bowman Real Estate
844 Chestnut Ave Long Beach, CA 90813
Willmore Neighborhood
1
Bed
10
Baths
4,152
Sq Ft
1922
Built
Highlights
- No Units Above
- Property is near park
- Laundry Room
- 7,565 Sq Ft lot
- No HOA
- Level Lot
About This Home
As of February 2018Good potential for these bread and butter income units. Located near the vibrant downtown area, this property offers opportunities for the savvy investor. Please do not bother the tenants. Tenants are not aware property is for sale. Make offer subject to interior inspection.
Last Agent to Sell the Property
Walter Bowman
Bowman Real Estate License #00444341 Listed on: 11/25/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 7,565 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Level Lot
Home Design
- 4,152 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 1 Bedroom
- 10 Bathrooms
Laundry
- Laundry Room
Location
- Property is near park
- Urban Location
Listing and Financial Details
- Legal Lot and Block 1 / 14
- Assessor Parcel Number 7272014004
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 13 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $3,300
- Insurance Expense $2,000
- Maintenance Expense $2,619
- Professional Management Expense $4,365
- Trash Expense $1,200
- Water Sewer Expense $3,053
- New Taxes Expense $16,488
- Operating Expense $33,025
- Gross Income $87,300
- Net Operating Income $51,656
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/01/2018 02/01/18 | Sold | $1,335,000 | +1.2% | $322 / Sq Ft |
| 11/25/2017 11/25/17 | For Sale | $1,319,000 | -- | $318 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $36,582 | $2,704,996 | $1,753,539 | $951,457 |
| 2024 | $35,012 | $2,651,957 | $1,719,156 | $932,801 |
| 2023 | $34,403 | $2,599,959 | $1,685,448 | $914,511 |
| 2022 | $32,287 | $2,548,980 | $1,652,400 | $896,580 |
| 2021 | $18,590 | $1,403,322 | $982,851 | $420,471 |
| 2020 | $18,544 | $1,389,934 | $972,774 | $417,160 |
| 2019 | $18,323 | $1,362,700 | $953,700 | $409,000 |
| 2018 | $4,534 | $235,863 | $93,542 | $142,321 |
| 2016 | $4,199 | $225,744 | $89,910 | $135,834 |
| 2015 | $4,067 | $222,354 | $88,560 | $133,794 |
| 2014 | $4,116 | $218,000 | $86,826 | $131,174 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jon Swire
Buyer's Agent in 2018
Jon Swire
The Agency
(310) 948-2631
3 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17263977
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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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