NOT LISTED FOR SALE

935 Alamitos Ave Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $1,077,145 - $1,183,000

3 Beds
3 Baths
2,518 Sq Ft
$449/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $800,000 $318 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,988/month

31 Days on Market

Highlights

  • 0.19 Acre Lot
  • Laundry Room
  • 4-minute walk to Craftsman Village Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of March 2020

This home is located at 935 Alamitos Ave, Long Beach, CA 90813 since 19 November 2019 and is currently estimated at $1,130,073, approximately $448 per square foot. This property was built in 1920. 935 Alamitos Ave is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 11/19/2019

Last Buyer's Agent

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 11/19/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,078 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 2,518 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Legal Lot and Block 3 / 19
  • Tax Tract Number 55
  • Assessor Parcel Number 7274023006

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Professional Management Expense $2,901
  • New Taxes Expense $13,222
  • Operating Expense $22,715
  • Gross Income $53,940
  • Net Operating Income $35,307

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • CapRate: 3.72
  • Professional Management Expense: 2901.00
  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Parcel Number: 7274023006
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 317.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8078.00
  • Lot Size Acres: 0.1854

Multi Family

  • Gross Income: 53940.00
  • Gross Multiplier: 17.61
  • Gross Scheduled Income: 53940.00
  • Lot Size Area: 8078.0000 Square Feet
  • Net Operating Income: 35307.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 22715.00
  • Rent Control: Yes
  • Total Expenses: 22715.00

Tax Info

  • New Taxes Expense: 13222.00
  • Tax Block: 19
  • Tax Census Tract: 5764.01
  • Tax Lot: 3
  • Tax Tract Number: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2019
Closed on
Feb 27, 2020
Sold by
Gonzalez Rolando
Bought by
935 Alamitos Avenue Llc
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%
Current Estimated Value
$1,149,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,250
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Gonzalez Maria Leonor
Bought by
Gonzalez Rolando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 9, 2011
Sold by
Gonzalez Maria Leonor
Bought by
Gonzalez Maria Leonor

Purchase Details

Closed on
Nov 9, 2009
Sold by
Gonzalez Jesus Rafael
Bought by
Gonzalez Jesus Rafael and Gonzalez Maria Leonor
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
935 Alamitos Avenue Llc $800,000 Ticor Title
Gonzalez Rolando -- Ort
Gonzalez Maria Leonor -- None Available
Gonzalez Jesus Rafael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Rolando $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $800,000 -15.8% $318 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
12/11/2019 12/11/19 Price Changed $950,000 -5.0% $377 / Sq Ft
11/19/2019 11/19/19 For Sale $1,000,000 -- $397 / 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 $11,816 $874,912 $568,693 $306,219
2024 $11,816 $857,758 $557,543 $300,215
2023 $11,609 $840,940 $546,611 $294,329
2022 $10,914 $824,452 $535,894 $288,558
2021 $10,686 $808,287 $525,387 $282,900
2020 $1,732 $56,586 $25,521 $31,065
2019 $1,714 $55,483 $25,021 $30,462
2018 $1,515 $54,402 $24,531 $29,871
2016 $1,403 $52,022 $23,579 $28,443
2015 $1,367 $51,241 $23,225 $28,016
2014 $1,391 $50,239 $22,771 $27,468
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1231

    2 in this area

    89 Total Sales

    Steve Bogoyevac
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19268153

California Regional Multiple Listing Service (CRMLS)

APN: 7274-023-006

California Los Angeles County Long Beach 90813 Saint Mary's

935 Alamitos Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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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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