Seller's Agent in 2020
Alec Kara
Keller Williams Pacific Estate
(562) 513-7800
2 in this area
15 Total Sales
946 E Broadway Long Beach, CA 90802
Alamitos Beach NeighborhoodEstimated Value: $1,386,624 - $1,699,000
4
Beds
4
Baths
3,522
Sq Ft
$441/Sq Ft
Est. Value
Highlights
- 0.08 Acre Lot
- No HOA
- Level Lot
- Long Beach Polytechnic High School Rated A
- Laundry Room
- Stacked Washer and Dryer
About This Home
As of December 2020We are Pleased to present the opportunity to acquire 946 E. Broadway ave, an 4-unit fourplex/multifamily investment property in Long Beach, one of the premier housing markets in Southern California.
Specifically, 946 E. Broadway ave is located in Alamitos Beach and East Village neighborhood and very close to the beaches. The 3673 square foot property consists of four one-bedroom Craftsman Style floor plans with big windows.
Built in 1919 946 E. Broadway Ave Ave offers amenities like washer and dryer in units.
Some Building upgrades since 2004.
2004- Earthquake Retrofit
2004- Roof removed and New torch down roof and tile
2005- all new rear doors and windows in laundry room.
2006- Building painted
2007- New Electrical added unit#1/#946, Sun-room, building exterior and Garage/ Electrical Work
2011- Unit #1/#946 remodeled, new oak and tiles floors. New kitchen cabinets and granite counter-tops. /#1 Floors
2015- Trash gate.
2016- Building Painted
2016- New Rear Stairs and rear decks and some fencing
2018- New windows
2018- New Copper Plumbing
All of these updates were done with Permits.
Last Agent to Sell the Property
Keller Williams Pacific Estate License #02030808 Listed on: 03/30/2020
Last Buyer's Agent
Kathryn Leonard
Kathryn L Leonard License #01400661
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 3,673 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Parking
- 1 Car Garage
Home Design
- 3,522 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity
- Tax Lot 9
- Tax Tract Number 2935
- Assessor Parcel Number 7265001010
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $2,400
- Trash Expense $75
- Water Sewer Expense $180
- New Taxes Expense $17,363
- Operating Expense $20,018
- Gross Income $66,300
- Net Operating Income $37,869
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2023
Sold by
Revoca Roy and Revoca Kathryn
Bought by
946 E Broadway Llc
Current Estimated Value
Purchase Details
Closed on
Mar 2, 2020
Sold by
Cornwell Daniel and Heriot Cathy
Bought by
Kohler Haigoush Heidi and The Haigoush Heidi Kohler Trus
Purchase Details
Closed on
Feb 24, 2004
Sold by
Godinho Lewis Anthony
Bought by
Cornwell Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2002
Sold by
Azzato Kenneth and Miano Salvatore
Bought by
Godinho Lewis Anthony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,669
Interest Rate
7.01%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 16, 2001
Sold by
Hostetler Nina M
Bought by
Azzato Kenneth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,782
Interest Rate
7.14%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 946 E Broadway Llc | -- | None Listed On Document | |
| Kohler Haigoush Heidi | $1,140,000 | Ticor Title Company Of Ca | |
| Cornwell Daniel | $650,000 | First Southwestern Title Co | |
| Godinho Lewis Anthony | $345,000 | Lawyers Title Company | |
| Azzato Kenneth | $15,000 | Lawyers Title Company | |
| Azzato Kenneth | $273,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cornwell Daniel | $520,000 | |
| Previous Owner | Godinho Lewis Anthony | $339,669 | |
| Previous Owner | Azzato Kenneth | $268,782 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2020 12/21/20 | Sold | $1,170,000 | -1.7% | $332 / Sq Ft |
| 10/28/2020 10/28/20 | Price Changed | $1,190,000 | -4.8% | $338 / Sq Ft |
| 10/28/2020 10/28/20 | For Sale | $1,250,000 | +6.8% | $355 / Sq Ft |
| 08/04/2020 08/04/20 | Off Market | $1,170,000 | -- | -- |
| 07/28/2020 07/28/20 | Price Changed | $1,250,000 | -1.6% | $355 / Sq Ft |
| 07/20/2020 07/20/20 | Price Changed | $1,270,000 | -5.9% | $361 / Sq Ft |
| 06/22/2020 06/22/20 | Price Changed | $1,349,000 | -1.9% | $383 / Sq Ft |
| 05/05/2020 05/05/20 | Price Changed | $1,375,000 | -1.0% | $390 / Sq Ft |
| 03/30/2020 03/30/20 | For Sale | $1,389,000 | -- | $394 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,724 | $1,305,600 | $918,000 | $387,600 |
| 2024 | $16,724 | $1,280,000 | $900,000 | $380,000 |
| 2023 | $15,974 | $1,217,268 | $728,280 | $488,988 |
| 2022 | $14,993 | $1,193,400 | $714,000 | $479,400 |
| 2021 | $14,689 | $1,170,000 | $700,000 | $470,000 |
| 2020 | $10,894 | $845,021 | $507,014 | $338,007 |
| 2019 | $10,768 | $828,453 | $497,073 | $331,380 |
| 2018 | $10,472 | $812,210 | $487,327 | $324,883 |
| 2016 | $9,626 | $780,672 | $468,404 | $312,268 |
| 2015 | $9,243 | $768,947 | $461,369 | $307,578 |
| 2014 | $8,347 | $680,000 | $408,000 | $272,000 |
Source: Public Records
Agents Affiliated with this Home
-
Alec Kara
-
K
Buyer's Agent in 2020
Kathryn Leonard
Kathryn L Leonard
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20065724
APN: 7265-001-010
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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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