NOT LISTED FOR SALE

921 Chestnut Ave Unit 1 Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $261,234 - $2,299,000

3 Beds
2 Baths
5,970 Sq Ft
5,288 Sq Ft Lot

Last Sold July 25, 2022

Last sale price $1,782,500 $299 Per Sq Ft

Current estimated payment $4,300/month

15 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Park
  • No HOA
  • Balcony
  • Rectangular Lot

About This Home

As of July 2022

11 Own Your Own units, in Downtown Long Beach. 8 of the units average approx. 450' square feet and 3 larger units located in the back house. All units are tenant occupied.

Last Agent to Sell the Property

Natasha Carlisle

Seven Gables Real Estate License #02142291 Listed on: 05/19/2022

Seven Gables Real Estate

Co-Listed By

Robert Marroche

Coldwell Banker-Campbell Rltrs License #01406209

Last Buyer's Agent

Joseph Finkelstein

Buckingham Investments, Inc License #02119882

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 5,288

Parking

  • On-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 5,970 Sq Ft Home
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 4 / 12
  • Tax Tract Number 575
  • Assessor Parcel Number 7272010026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 11 Units
  • Downtown Subdivision

Recreation

  • Park

Building Details

  • 11 Leased Units
  • Rent Control
  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD10
  • Property Sub Type: Own Your Own
  • Property Type: Residential Income
  • Parcel Number: 7272010026
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 298.58

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Park, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 5290.00
  • Lot Size Acres: 0.1214

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 7295.00
  • Lot Size Area: 5290.0000 Square Feet
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 11
  • Number Of Units Total: 11
  • Number With Range: 11
  • Number With Refrigerator: 11
  • Rent Control: Yes
  • Total Actual Rent: 7295.00

Tax Info

  • Tax Block: 12
  • Tax Census Tract: 5758.02
  • Tax Lot: 4
  • Tax Tract Number: 575...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Jun 3, 2022
Sold by
Carlisle Eric T
Bought by
Hudson Rose Investments Llc
Seller's Agent
Natasha Carlisle
Seven Gables Real Estate
Buyer's Agent
Joseph Finkelstein
Buckingham Investments, Inc
List Price
$1,990,000
Sold Price
$1,782,500
Premium/Discount to List
-$207,500
-10.43%
Current Estimated Value
$775,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,007,441
Avg. Annual Appreciation
-21.61%
Original Mortgage
$1,426,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Carlisle Pirjo Irmeli
Bought by
The Chestnut Revocable Living Trust

Purchase Details

Closed on
Oct 17, 2000
Sold by
Carlisle Eric T
Bought by
Carlisle Pirjo Irmeli

Purchase Details

Closed on
Dec 13, 1999
Sold by
Cluck Michael
Bought by
Carlisle Eric T

Purchase Details

Closed on
Oct 21, 1997
Sold by
Carlisle Eric
Bought by
Cluck Michael
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

Date Buyer Sale Price Title Company
Hudson Rose Investments Llc $1,782,500 Orange Coast Title
The Chestnut Revocable Living Trust -- None Available
Carlisle Pirjo Irmeli -- --
Carlisle Eric T $8,000 --
Cluck Michael $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudson Rose Investments Llc $1,426,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $1,782,500 -10.4% $299 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $1,990,000 -- $333 / 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 $2,866 $218,484 $88,434 $130,050
2024 $2,866 $214,200 $86,700 $127,500
2023 $2,815 $210,000 $85,000 $125,000
2022 $743 $46,099 $12,128 $33,971
2021 $723 $45,196 $11,891 $33,305
2020 $721 $44,734 $11,770 $32,964
2019 $713 $43,858 $11,540 $32,318
2018 $693 $42,999 $11,314 $31,685
2016 $640 $41,331 $10,876 $30,455
2015 $618 $40,711 $10,713 $29,998
2014 $622 $39,915 $10,504 $29,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22103444

California Regional Multiple Listing Service (CRMLS)

APN: 7272-010-026