NOT LISTED FOR SALE

Long Beach, CA 90803

Belmont Heights Neighborhood
6 Beds
5 Baths
5,512 Sq Ft
4,919 Sq Ft Lot

Last Sold June 08, 2016

Last sale price $2,511,000 $456 Per Sq Ft

25 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Garden
  • Fremont Elementary School Rated A
  • Laundry Room

About This Home

As of June 2016

The prestigious 'Chateau' with it's stunning Normandy Architecture Located in Belmont Heights was erected by E. J. Williams and designed by Hugh Davies. It has been the wonder and awe of many and this is the first time on the market since 1975. It is a three story, 5 unit building with an unfinished attic. The units have hardwood floors, high ceilings, beautiful views, beautiful lighting, and much more.

Last Agent to Sell the Property

Janet Lee

Pabst, Kinney & Associates License #01009485 Listed on: 03/12/2016

Last Buyer's Agent

Janet Lee

Pabst, Kinney & Associates License #01009485 Listed on: 03/12/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,919 Sq Ft Lot
  • Two or More Common Walls
  • Garden

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Shake Roof

Interior Spaces

  • 5,512 Sq Ft Home
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 5 &6
  • Tax Tract Number 35
  • Assessor Parcel Number 7256013019

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,897
  • Gardener Expense $1,010
  • Insurance Expense $2,447
  • Maintenance Expense $23,295
  • Pest Control $170
  • Supplies Expense $222
  • New Taxes Expense $33,125
  • Gross Income $7,880
  • Net Operating Income $29,178

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Supplies Expense: 222.00
  • View: Yes
  • Property Type: Residential Income
  • Gardener Expense: 1010.00
  • Parcel Number: 7256013019
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Three Or More
  • Price Per Square Foot: 455.55

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Pest Control Expense: 170.00
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 4919.00
  • Price Per Lot Square Foot: 510.47
  • Lot Size Acres: 0.1130

Multi Family

  • Electric Expense: 1897.00
  • Gross Income: 7880.00
  • Gross Scheduled Income: 94560.00
  • Insurance Expense: 2447.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 4919.0000 Square Feet
  • Maintenance Expense: 23295.00
  • Net Operating Income: 29178.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Patio: 2
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 65382.00
  • Rent Control: No
  • Total Actual Rent: 7880.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 33125.00
  • Tax Lot: 5 &6
  • Tax Tract Number: 35

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2016 06/08/16 Sold $2,511,000 -5.2% $456 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $2,650,000 -- $481 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Janet Lee

    Pabst, Kinney & Associates

    (562) 438-0910

    1 in this area

    6 Total Sales

    Janet Lee
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16052115

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Long Beach 90803

Belmont Heights

Not Listed for Sale

MultiFamily

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