Seller's Agent in 2023
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
2 in this area
54 Total Sales
Estimated Value: $1,959,447 - $2,105,000
2
Beds
2
Baths
3,200
Sq Ft
$642/Sq Ft
Est. Value
Highlights
- Golf Course Community
- 4-minute walk to 5Th Street Station
- Granite Countertops
- Long Beach Polytechnic High School Rated A
- 0.1 Acre Lot
- Neighborhood Views
About This Home
As of October 2023We are honored to present 517 Linden Avenue! Assets of this caliber rarely hit the market… Incredible location “The Arts District” with a living experience that is second to none! Every inch of this asset has been upgraded with the finest of finishes. The Landlord spared no expense when selecting the designs and materials, and utilized the highest qualified tradesmen to complete his vision. This incredibly secure, beautifully landscaped oasis has five parking spaces, three EV outlets (240amps), upgraded lighting and sprinkler systems throughout. The interiors of each unit have been meticulously upgraded with all new kitchen/granite counters, high-end cabinetry, tile flooring, wainscoting,and Stainless steel appliances. Bathrooms have been beautifully renovated with high end tile flooring, exquisite vanity’s, lighting fixtures and designer wainscot inlay. All units have their own laundry, designer ceiling fans throughout, the landlord went as far as to add heated flooring in the two upper units. Each unit has a theme, and all furnishings are included in the sale.
For the developer looking to capitalize on the assets greater potential, there is room to add two ADU units!
For the owner/user looking for financial/Income assistance, the asset received rents in excess $3200 a month (per door) over the past 12 months, on one to three month leases.
Last Agent to Sell the Property
Kinnery's Brokerage House License #01852032 Listed on: 05/02/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,701
Year Built
- Built in 1915
Lot Details
- 4,493 Sq Ft Lot
- Lot Dimensions are 50 x 90
- 1 Common Wall
- Wrought Iron Fence
- Wood Fence
- Landscaped
- Rectangular Lot
- Sprinkler System
Home Design
- Patio Home
- Quadruplex
- Turnkey
- Raised Foundation
- Composition Roof
Interior Spaces
- 3,200 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Oven
- Gas Cooktop
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Outdoor Features
- Balcony
- Rain Gutters
Location
- Urban Location
Utilities
- Radiant Heating System
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Legal Lot and Block 28 / 53
- Tax Tract Number 5762
- Assessor Parcel Number 7281002026
- $777 per year additional tax assessments
Community Details
Overview
- 4 Units
- Downtown Subdivision
Recreation
- Golf Course Community
- Park
- Water Sports
- Bike Trail
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $41,216
- Gross Income $13,440
- Net Operating Income $90,496
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 20, 2024
Sold by
Chao Jenn Shan
Bought by
East Village Property Management Llc
Current Estimated Value
Purchase Details
Listed on
May 2, 2023
Closed on
Sep 26, 2023
Sold by
Chao Eun Kyoung
Bought by
Chao Jenn Shan
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
Christian Fernandez
eXp Realty of Southern Ca, Inc
List Price
$2,200,000
Sold Price
$1,925,000
Premium/Discount to List
-$275,000
-12.5%
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Purchase Details
Listed on
May 2, 2023
Closed on
Sep 22, 2023
Sold by
East Village Suites Llc
Bought by
Chao Jenn Shan
Seller's Agent
Cameron Jacques
Kinnery's Brokerage House
Buyer's Agent
Christian Fernandez
eXp Realty of Southern Ca, Inc
List Price
$2,200,000
Sold Price
$1,925,000
Premium/Discount to List
-$275,000
-12.5%
Views
67
Purchase Details
Closed on
Apr 26, 2018
Sold by
Coles Robert J
Bought by
East Village Suites Llc
Purchase Details
Closed on
Jan 23, 2018
Sold by
Coles Robert John
Bought by
Coles Robert J and The Robert J Coles Jr 2018 Revocable Tr
Purchase Details
Closed on
Jul 30, 2007
Sold by
Coles Catherine Rhodes
Bought by
Coles Robert John
Purchase Details
Closed on
Oct 14, 2005
Sold by
Ochoa Jesus
Bought by
Coles Robert John and Coles Catherine Rhodes
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.68%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 26, 2004
Sold by
Mxc 2 Llc
Bought by
Ochoa Jesus and Ochoa Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,400
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 26, 2002
Sold by
Kasischke Carolyn A
Bought by
Salameh Salamah K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.99%
Purchase Details
Closed on
Jul 22, 2002
Sold by
Salameh Salamah K
Bought by
Chandler Beverly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.99%
Purchase Details
Closed on
Feb 15, 1995
Sold by
Dill J Montgomery
Bought by
Salameh Salamah K and Kasischke Carolyn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,300
Interest Rate
8.9%
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 |
|---|---|---|---|
| East Village Property Management Llc | -- | None Listed On Document | |
| Chao Jenn Shan | -- | First American Title | |
| Chao Jenn Shan | $1,925,000 | First American Title | |
| East Village Suites Llc | -- | None Available | |
| Coles Robert J | -- | None Available | |
| Coles Robert John | -- | None Available | |
| Coles Robert John | $741,000 | -- | |
| Ochoa Jesus | $593,000 | Gateway Title Company | |
| Salameh Salamah K | -- | Commonwealth Land Title Co | |
| Chandler Beverly | $345,000 | Commonwealth Land Title Co | |
| Salameh Salamah K | $114,500 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Coles Robert John | $600,000 | |
| Previous Owner | Coles Robert John | $74,000 | |
| Previous Owner | Coles Robert John | $592,800 | |
| Previous Owner | Ochoa Jesus | $570,000 | |
| Previous Owner | Ochoa Jesus | $474,400 | |
| Previous Owner | Mxc 2 Llc | $150,000 | |
| Previous Owner | Chandler Beverly | $276,000 | |
| Previous Owner | Salameh Salamah K | $91,300 | |
| Closed | Salameh Salamah K | $11,500 | |
| Closed | Ochoa Jesus | $59,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2023 10/31/23 | Sold | $1,925,000 | -8.1% | $602 / Sq Ft |
| 09/15/2023 09/15/23 | Pending | -- | -- | -- |
| 06/25/2023 06/25/23 | Price Changed | $2,095,000 | -4.8% | $655 / Sq Ft |
| 05/02/2023 05/02/23 | For Sale | $2,200,000 | -- | $688 / 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 | $24,701 | $1,963,500 | $1,275,000 | $688,500 |
| 2024 | $24,701 | $1,925,000 | $1,250,000 | $675,000 |
| 2023 | $12,916 | $973,305 | $696,160 | $277,145 |
| 2022 | $12,127 | $954,221 | $682,510 | $271,711 |
| 2021 | $11,877 | $935,512 | $669,128 | $266,384 |
| 2020 | $11,846 | $926,160 | $662,267 | $263,893 |
| 2019 | $11,707 | $908,006 | $649,282 | $258,724 |
| 2018 | $11,403 | $890,207 | $636,551 | $253,656 |
| 2016 | $10,487 | $855,411 | $611,834 | $243,577 |
| 2015 | $10,068 | $842,563 | $602,644 | $239,919 |
| 2014 | $10,006 | $826,060 | $590,840 | $235,220 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Christian Fernandez
eXp Realty of Southern Ca, Inc
(562) 500-4283
1 in this area
76 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23073285
APN: 7281-002-026
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