Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
1 in Zaferia
$415,555 Price
1540 Stanley Ave Long Beach, CA 90804
Zaferia NeighborhoodEstimated Value: $1,204,000 - $1,399,339
4
Beds
4
Baths
1,584
Sq Ft
$805/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
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Property Details
Home Type
- Multi-Family
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
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
Jan 22, 2025
Sold by
Bought by
Current Estimated Value
Purchase Details
Closed on
Jan 14, 2025
Sold by
Bought by
Purchase Details
Listed on
Jul 28, 2022
Closed on
Aug 4, 2022
Sold by
Bought by
Seller's Agent
James Oronoz
Circa Properties, Inc.
Buyer's Agent
Melinda Elmer
Century 21 Masters
List Price
$1,250,000
Sold Price
$1,253,500
Premium/Discount to List
$3,500
0.28%
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$643,500
Interest Rate
5.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 6, 2018
Sold by
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Dec 1, 2002
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Zaferia, CA
-
Dave Shorter
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
185 Total Sales
1 in Zaferia
$625,000 Price
-
David Feldberg
David Feldberg
Coastal Real Estate Group
(949) 989-5690
57 Total Sales
2 in Zaferia
$660,000 Price Range
-
Rainer Pedraz
Rainer Pedraz
Responds QuicklyKELLER WILLIAMS REALTY COLLEGE PARK
(424) 371-7853
42 Total Sales
2 in Zaferia
$825,000 Price Range
-
Richard Gaylord
Richard Gaylord
Re/Max R. E. Specialists
(424) 300-8259
25 Total Sales
1 in Zaferia
$1,050,000 Price
-
Vanessa Velardez
Vanessa Velardez
Coldwell Banker Residential Br
(424) 242-1252
24 Total Sales
2 in Zaferia
$465,000 Price Range
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 Listed On Document | ||
| -- | None Listed On Document | ||
| $1,253,500 | First American Title Company O | ||
| $899,000 | Old Republic Title Company | ||
| $508,000 | Ticor Title | ||
| -- | None Available | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $643,500 | ||
| Previous Owner | $395,000 | ||
| Previous Owner | $219,544 | ||
| Previous Owner | $219,544 | ||
| Previous Owner | $557,000 |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2025 | $17,366 | $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
Seller's Agent in 2022
James Oronoz
Circa Properties, Inc.
(714) 553-9073
1 in this area
59 Total Sales
-
Melinda Elmer
Buyer's Agent in 2022
Melinda Elmer
Century 21 Masters
(562) 316-2915
8 in this area
227 Total Sales
-
K
Buyer Co-Listing Agent in 2022
Kerry Castillo
Century 21 Masters
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22157539
APN: 7260-011-013
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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