NOT LISTED FOR SALE
10 Beds
10 Baths
6,148 Sq Ft
7,448 Sq Ft Lot

Sale Details

Date Sold: February 25, 2016

Last sale price $1,649,000 $268 Per Sq Ft

95 Days on Market

Highlights

  • 4 Car Attached Garage
  • Long Beach Polytechnic High School Rated A
  • Ceiling Fan

About This Home

As of February 2016

This 9 unit building located at 2009-2015 Pine offers an investor the opportunity to acquire a NON RENT CONTROL, turn-key asset in the highly desirable Wrigley area of Long Beach. The property is comprised of two buildings with different APN numbers situated on one lot totaling 7,449 square feet. There are 8 one bedroom units averaging 650 Sq Ft and 1 two bedroom/two bathroom town home unit.CONTACT SELLER'S AGENT FOR DETAILED EXPENSES, RENT ROLL AND SETUP.The current owner has heavily remodeled the exterior of the building as well as all of the unit interiors and put in all new tenants paying excellent rents. The exterior has received all new paint and landscaping and the interiors have been upgraded with new counter tops, fixtures, flooring and paint. Updated electric and plumbing including new GFCI's and 8 new water heaters (Buyer to verify). There are also 4 garages onsite (3 are rented for $300 total) and there is a beautifully landscaped garden style courtyard.

Last Agent to Sell the Property

Jon Swire

The Agency License #01336277 Listed on: 09/21/2015

The Agency

Last Buyer's Agent

Jon Swire

The Agency License #01336277 Listed on: 09/21/2015

The Agency
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,448

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 6,148 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Bathrooms

Additional Features

  • 7,448 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 7209-019-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

7,448 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 6148
  • Stories: 2
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 268.22

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 322208
  • Assessed Land Value: 161102
  • Assessor Parcel Number: 7209-019-022
  • Geocode Override: No
  • Lot Size Area: 7448

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.80
  • Number Of Units: 9
  • Type Of Units: Income

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
Sep 14, 2020
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
$1,232,000
Outstanding Balance
$1,070,729
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 21, 2015
Closed on
Jan 14, 2016
Sold by
Bought by
Seller's Agent
Jon Swire
The Agency
Buyer's Agent
Jon Swire
The Agency
List Price
$1,649,000
Sold Price
$1,649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2015
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
$787,500
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2012
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
$588,500
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 18, 2010
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
$476,000
Interest Rate
5.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Nov 21, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Southeast Wrigley, CA

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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
$1,950,000 Fidelity National Title
$1,649,000 Fidelity National Title
$1,040,000 Ticor Title Company
-- Old Republic Title Co
$700,000 Orange Coast Title Company O
$195,000 Chicago Title
-- First American Title Ins Co
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
Open $1,232,000
Previous Owner $1,100,000
Previous Owner $787,500
Previous Owner $588,500
Previous Owner $490,000
Previous Owner $476,000
Previous Owner $230,850
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
02/25/2016 02/25/16 Sold $1,649,000 0.0% $268 / Sq Ft
12/25/2015 12/25/15 Pending -- -- --
09/21/2015 09/21/15 For Sale $1,649,000 -- $268 / Sq Ft
Source: The MLS

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 $21,361 $1,569,524 $649,458 $920,066
2024 $20,441 $1,538,750 $636,724 $902,026
2023 $20,091 $1,508,580 $624,240 $884,340
2022 $18,864 $1,479,000 $612,000 $867,000
2021 $18,471 $1,450,000 $600,000 $850,000
2020 $16,788 $1,298,917 $541,216 $757,701
2019 $16,591 $1,273,449 $530,604 $742,845
2018 $16,158 $1,248,480 $520,200 $728,280
2016 $10,141 $791,895 $304,575 $487,320
2015 $6,410 $483,310 $161,102 $322,208
2014 $6,400 $473,844 $157,947 $315,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-943749

The MLS
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