Stephanie Logan
Citrus and Sage Realty
(657) 390-9848
7 Total Sales
1 in North Alamitos Beach
$832,312 Price
939 E 4th St Long Beach, CA 90802
North Alamitos Beach NeighborhoodEstimated Value: $1,716,429
2
Beds
4
Baths
4,000
Sq Ft
$429/Sq Ft
Est. Value
Highlights
- No HOA
- Turnkey
- 4-minute walk to Gumbiner Park
- Long Beach Polytechnic High School Rated A
About This Home
As of August 2012Wonderful opportunity to own a property with greater earning power. The two retail units together equal the revenue of the existing units plus one more. With the revenue of these retail units, this property produces income equivalent to an 11-unit apartment building. Even more earning power comes from the billboard on the roof. Easy to own as it is managed by an excellent company. Tenants have been thoroughly screened and pay consistently. Staches has a 3-year lease with 3 options. Recent improvements include newer exterior electrical meters and a new interior unit bathroom remodel. The residential units are in good condition. Sound proofing materials were used between the lower commercial unit and the upstairs residential units. The roof was replaced about five years ago. Some tenants pay gas and electricity, owner pays some gas and electricity. Located next to the desired Village Arts District, just a couple blocks from the creatively-inspired shops and restaurants, and the brand new Vons grocery store. Walking distance to the Promenade and City Place to the west, and the ocean to the south.
Last Agent to Sell the Property
Jennifer Anne Song License #01378609 Listed on: 07/02/2012
Last Buyer's Agent
Mike Cristiano
Coldwell Banker Realty License #00849359
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 2,422 Sq Ft Lot
- Lot Dimensions are 60 x 40.50
Home Design
- 4,000 Sq Ft Home
- Turnkey
- Frame Construction
- Stucco
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 8
- Tax Tract Number 8
- Assessor Parcel Number 7266008014
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- 6 Leased Units
- 5 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,900
- Insurance Expense $2,600
- Maintenance Expense $4,800
- Other Expense $100
- Pest Control $483
- Professional Management Expense $5,585
- Trash Expense $960
- Water Sewer Expense $2,900
- New Taxes Expense $8,083
- Gross Income $6,565
- Net Operating Income $46,492
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2012
Sold by
Maginnis Brian and Brian Maginnis Intervivos Trus
Bought by
Current Estimated Value
Purchase Details
Closed on
Dec 27, 2012
Sold by
Socal Rental Equip Inc
Bought by
Maginnis Brian and Brian Maginnis Intervivos Trus
Purchase Details
Listed on
Jul 2, 2012
Closed on
Jul 24, 2012
Sold by
Cheapshots Llc
Bought by
Socal Rental Equip Inc
Seller's Agent
Jennifer Song
Jennifer Anne Song
Buyer's Agent
Mike Cristiano
Coldwell Banker Realty
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Purchase Details
Closed on
May 4, 2011
Sold by
Hebbert Jeannette
Bought by
Bertland Dennis
Purchase Details
Closed on
Mar 7, 2008
Sold by
Lee Shun Ming and Lee Cecilia Siu Wai Yee
Bought by
Lee Shun Ming and Siu Cecilia Wai Yee
Purchase Details
Closed on
Jun 2, 2007
Sold by
Ford Kellie Richardson
Bought by
Cheapshots Llc
Purchase Details
Closed on
Aug 11, 2005
Sold by
Ford David
Bought by
Richardson Ford Kellie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,750
Interest Rate
5.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 5, 2005
Sold by
Dautilia Alicia
Bought by
Ford Kellie Richardson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,750
Interest Rate
5.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 7, 2003
Sold by
Hebbert Jeannette Brynes and Elizabeth M Hebbert Revocable
Bought by
Hebbert Jeannette Brynes
Purchase Details
Closed on
Jul 17, 2000
Sold by
Hebbert Elizabeth M and Will Of Joseph L Hebbert
Bought by
Hebbert Elizabeth M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in North Alamitos Beach, CA
-
Stephanie Logan
-
Robert Vanbeveran
Robert Vanbeveran
Elite Homes Realty
(657) 256-5962
7 Total Sales
1 in North Alamitos Beach
$771,400 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
143 Total Sales
3 in North Alamitos Beach
$475K - $515K Price Range
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
121 Total Sales
3 in North Alamitos Beach
$266K - $1.5M Price Range
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
99 Total Sales
1 in North Alamitos Beach
$430,000 Price
-
Bob Stallings
Bob Stallings
Re/Max R. E. Specialists
(562) 784-5682
26 Total Sales
1 in North Alamitos Beach
$401,500 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| Maginnis Brian | $702,000 | None Available | |
| Socal Rental Equip Inc | $675,000 | None Available | |
| Bertland Dennis | -- | None Available | |
| Lee Shun Ming | -- | None Available | |
| Cheapshots Llc | -- | None Available | |
| Richardson Ford Kellie | -- | First American Title Ins Co | |
| Ford Kellie Richardson | $575,000 | First American Title Ins Co | |
| Hebbert Jeannette Brynes | -- | -- | |
| Hebbert Elizabeth M | -- | -- | |
| Hebbert Elizabeth M | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $456,000 | ||
| Previous Owner | Ford Kellie Richardson | $373,750 | |
| Previous Owner | Dautilia Joseph | $196,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/29/2012 08/29/12 | Sold | $675,000 | -3.6% | $169 / Sq Ft |
| 07/23/2012 07/23/12 | Pending | -- | -- | -- |
| 07/02/2012 07/02/12 | For Sale | $700,000 | -- | $175 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,362 | $881,738 | $307,728 | $574,010 |
| 2025 | $12,362 | $864,450 | $301,695 | $562,755 |
| 2024 | $11,808 | $847,501 | $295,780 | $551,721 |
| 2023 | $11,595 | $830,884 | $289,981 | $540,903 |
| 2022 | $10,897 | $814,594 | $284,296 | $530,298 |
| 2021 | $10,651 | $798,622 | $278,722 | $519,900 |
| 2019 | $10,497 | $774,937 | $270,456 | $504,481 |
| 2018 | $10,222 | $759,743 | $265,153 | $494,590 |
| 2016 | $9,406 | $730,243 | $254,857 | $475,386 |
| 2015 | $9,040 | $719,275 | $251,029 | $468,246 |
| 2014 | $8,968 | $705,186 | $246,112 | $459,074 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Song
JS
Seller's Agent in 2012
Jennifer Song
Jennifer Anne Song
(310) 802-2508
2 Total Sales
-
MC
Buyer's Agent in 2012
Mike Cristiano
Coldwell Banker Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S12082507
APN: 7266-008-014
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.
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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