NOT LISTED FOR SALE

956 E Broadway Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $796,000 - $1,112,000

2 Beds
2 Baths
1,522 Sq Ft
$578/Sq Ft Est. Value

Sale Details

Date Sold: September 19, 2016

Last sale price $450,000 $296 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,301 / mo

164 Days on Market

Highlights

  • 0.08 Acre Lot
  • Fireplace in Bathroom
  • Cottage
  • Long Beach Polytechnic High School Rated A
  • Neighborhood Views
  • Wood Frame Window

About This Home

As of September 2016

Two Units, one building close to down town and the beach, one bedroom and one bathroom each, kitchen dinning room and living room, back yard with fruit threes, fenced front yard, space for one car.

Last Agent to Sell the Property

Gustavo Rico

NT & Associates, Inc. License #01171199 Listed on: 05/31/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 3,677 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Fence is in average condition
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Cottage
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,522 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Wood Frame Window
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Parking

  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Outdoor Grill

Utilities

  • Wall Furnace
  • Gas Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 2935
  • Assessor Parcel Number 7265001012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $720
  • Insurance Expense $600
  • Trash Expense $180
  • Water Sewer Expense $8,160
  • New Taxes Expense $5,625
  • Gross Income $2,400
  • Net Operating Income $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

3,677 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Security: Fire and Smoke Detection System
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Water Sewer Expenses: 8160.00
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 7265001012
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Fireplace Features: Bath, Dining Room, Electric, Gas, Kitchen, Living Room
  • Price Per Square Foot: 295.66
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Fencing: Average Condition, Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Plaster, Shingle Siding, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 180.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Paved
  • Lot Size Sq Ft: 3677.00
  • Price Per Lot Square Foot: 122.38
  • Lot Size Acres: 0.0840

Multi Family

  • Electric Expense: 720.00
  • Gross Income: 2400.00
  • Gross Scheduled Income: 2600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 3677.0000 Square Feet
  • Net Operating Income: 2400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Lot: 11
  • Tax Tract Number: 2935

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Dunbar Laura
Bought by
Lighthouse Point Llc
Current Estimated Value
$880,436

Purchase Details

Listed on
May 31, 2016
Closed on
Sep 13, 2016
Sold by
Escobar Maria Guadalupe
Bought by
Taylor Randy
Seller's Agent
Gustavo Rico
NT & Associates, Inc.
Buyer's Agent
Leah Guerra
Compass
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$441,849
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
May 31, 2016
Closed on
Sep 12, 2016
Sold by
Marina Charles
Bought by
Taylor Randy
Seller's Agent
Gustavo Rico
NT & Associates, Inc.
Buyer's Agent
Leah Guerra
Compass
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2004
Sold by
Escobar Jose Jesus
Bought by
Escobar Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 1997
Sold by
Escobar Jose J
Bought by
Escobar Jose Jesus and Escobar Maria Guadalupe

Purchase Details

Closed on
Apr 4, 1994
Sold by
Cruz Carmen Romualdo
Bought by
Benitez Rosali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,443
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1994
Sold by
Kroll Pearl
Bought by
Escobar Jose Jesus and Escobar Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,443
Interest Rate
7.59%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lighthouse Point Llc -- None Listed On Document
Taylor Randy $450,000 Chicago Title Company
Taylor Randy -- Chicago Title Company
Escobar Maria Guadalupe -- Natc
Escobar Jose Jesus -- --
Benitez Rosali -- World Title Company
Escobar Jose Jesus $80,000 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Randy $441,849
Previous Owner Escobar Maria Guadalupe $205,000
Previous Owner Escobar Jose Jesus $80,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2016 09/19/16 Sold $450,000 0.0% $296 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/05/2016 07/05/16 Price Changed $450,000 0.0% $296 / Sq Ft
02/01/2016 02/01/16 For Sale $450,000 -- $296 / 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 $6,723 $522,258 $348,173 $174,085
2024 $6,723 $512,019 $341,347 $170,672
2023 $6,608 $501,980 $334,654 $167,326
2022 $6,205 $492,139 $328,093 $164,046
2021 $6,078 $482,490 $321,660 $160,830
2019 $5,990 $468,180 $312,120 $156,060
2018 $5,783 $459,000 $306,000 $153,000
2016 $1,498 $110,902 $96,757 $14,145
2015 $1,443 $109,237 $95,304 $13,933
2014 $1,443 $107,099 $93,438 $13,661
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gustavo Rico

    NT & Associates, Inc.

    (562) 468-4608

    4 Total Sales

    Gustavo Rico
    Section Image
  • Leah Guerra

    Buyer's Agent in 2016

    Leah Guerra

    Compass

    (310) 945-8232

    27 Total Sales

    Leah Guerra
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16020624

California Regional Multiple Listing Service (CRMLS)

APN: 7265-001-012

California Los Angeles County Long Beach 90802 Alamitos Beach

956 E Broadway, 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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