Seller's Agent in 2022
James Oronoz
Circa Properties, Inc.
(714) 553-9073
1 in this area
64 Total Sales
Estimated Value: $1,304,000 - $1,587,000
4
Beds
4
Baths
1,584
Sq Ft
$886/Sq Ft
Est. Value
Highlights
- Automatic Gate
- No HOA
- Cottage
- Woodrow Wilson High School Rated A
- Neighborhood Views
- Cul-De-Sac
About This Home
As of September 2022This multi-unit offering includes four highly-desirable one-bedroom/one-bath detached cottages and three single-car garages at the rear of the property. These quaint and cozy homes have undergone significant upgrades in recent years, including new flooring, new kitchens with modern cabinetry and stainless steel appliances, renovated bathrooms, light fixtures, and interior and exterior paint. Additionally, the units are separately metered for gas and electricity each with its own water heater and outdoor space. The property provides off street parking along with on-site laundry, and is nearby hospitals, Long Beach City College and 2 miles from the downtown area. As a turnkey asset with upgraded detached units and near-market rents, this property presents an excellent investment opportunity in a great rental market.
Last Agent to Sell the Property
Circa Properties, Inc. License #02056694 Listed on: 07/28/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,646
Year Built
- Built in 1932
Lot Details
- 5,941 Sq Ft Lot
- No Common Walls
- Cul-De-Sac
- Wrought Iron Fence
- Block Wall Fence
- Rectangular Lot
- Level Lot
Parking
- 4 Car Garage
- Parking Available
- Front Facing Garage
- Shared Driveway
- Automatic Gate
Home Design
- Quadruplex
- Cottage
- Bungalow
- Raised Foundation
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 1,584 Sq Ft Home
- Blinds
- Window Screens
- Living Room
- Neighborhood Views
Kitchen
- Range Hood
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Heating Available
- Vented Exhaust Fan
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, parking fee
- Legal Lot and Block 8 / 2006
- Tax Tract Number 2664
- Assessor Parcel Number 7260011013
Community Details
Overview
- No Home Owners Association
- 5 Buildings
- 4 Units
- Eastside Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,200
- Maintenance Expense $5,460
- Pest Control $576
- Professional Management Expense $3,895
- Trash Expense $600
- Water Sewer Expense $600
- Security Expense $500
- Operating Expense $14,031
- Gross Income $74,100
- Net Operating Income $60,069
Additional Features
- Laundry Facilities
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 22, 2025
Sold by
Anguiano Sara
Bought by
Kakiju Llc
Current Estimated Value
Purchase Details
Closed on
Jan 14, 2025
Sold by
Anguiano Gabriel and Anguiano Sara
Bought by
Anguiano
Purchase Details
Closed on
Sep 6, 2018
Sold by
Gg 1S40 Stanley Avernrn Apartments Llc
Bought by
Mcmurray Patrick T and Mcmurray Jana Bruce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,544
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 13, 2017
Sold by
Arias Stephen A
Bought by
Gg 1540 Stanley Avenue Apartments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Interest Rate
4.03%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 1, 2007
Sold by
Arias Stephen A
Bought by
Arias Stephen A and The Stephen A Arias Trust
Purchase Details
Closed on
Dec 1, 2002
Sold by
Kessen Richard and Estate Of Dorothy Kessen
Bought by
Kessen Richard
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 |
|---|---|---|---|
| Kakiju Llc | -- | None Listed On Document | |
| Anguiano | -- | None Listed On Document | |
| Mcmurray Patrick T | $899,000 | Old Republic Title Company | |
| Gg 1540 Stanley Avenue Apartments Llc | $508,000 | Ticor Title | |
| Arias Stephen A | -- | None Available | |
| Kessen Richard | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mcmurray Family Trust | $395,000 | |
| Previous Owner | Mcmurray Patrick T | $219,544 | |
| Previous Owner | Mcmurray Patrick | $219,544 | |
| Previous Owner | Gg 1540 Stanley Avenue Apartments Llc | $557,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2022 09/21/22 | Sold | $1,253,500 | +0.3% | $791 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/28/2022 07/28/22 | For Sale | $1,250,000 | -- | $789 / 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 | $16,646 | $1,303,621 | $884,340 | $419,281 |
| 2024 | $16,646 | $1,278,060 | $867,000 | $411,060 |
| 2023 | $16,365 | $1,253,000 | $850,000 | $403,000 |
| 2022 | $11,987 | $945,007 | $630,706 | $314,301 |
| 2021 | $11,752 | $926,479 | $618,340 | $308,139 |
| 2019 | $11,585 | $899,300 | $600,000 | $299,300 |
| 2018 | $6,712 | $508,300 | $350,000 | $158,300 |
| 2016 | $2,369 | $158,105 | $94,152 | $63,953 |
| 2015 | $2,286 | $155,731 | $92,738 | $62,993 |
| 2014 | $2,294 | $152,682 | $90,922 | $61,760 |
Source: Public Records
Agents Affiliated with this Home
-
James Oronoz
-
Melinda Elmer
Buyer's Agent in 2022
Melinda Elmer
Century 21 Masters
(562) 316-2915
9 in this area
267 Total Sales
-
K
Buyer Co-Listing Agent in 2022
Kerry Castillo
Century 21 Masters
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22157539
APN: 7260-011-013
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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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