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Sold on 07/01/2009
$390,000
1075 South CHERRY Ave Long Beach, CA 90813
| Beds: | - |
| Baths: | - |
| Sq. Ft.: | 3,176 |
| $/Sq. Ft.: | $123 |
| Lot Size: | 6,499 Sq. Ft. |
| Property Type: | Multi-Family |
| Style: | Two Level, Traditional |
| Year Built: | 1920 |
| Community: | Downtown Area/Alamitos Beach |
| County: | Los Angeles |
| MLS#: | F1809403 |
| Source: | SoCalMLS |
| Status: | Closed |
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Front house has hardwood floors throughout in good condition, double pane windows; remodeled bathroom and kitchen. All units have laundry hook-ups with recent updates inside. Large 4 bedroom 2 bath front house. Two 2 bedrooms 1 bath units in the rear of house.
Kitchen Information
- Ceramic Counters
- Free Standing (Gas)
Utility Information
- Public Sewer
- District/Public Water
Community Features
- Units in Complex (Total): 3
Lot Information
- Lot Size (Sq. Ft.): 6,499
- Lot Size Source: Public Records
- Paved
- On Alley
Financial Information
- Capitalization Rate (%): 16.02
- Sold Capitalization Rate (%): 15.9
- Net Operating Income: $62,005
- Monthly Gross Income: $5,500
- Actual Gross Annual Income: $66,000
- Gross Scheduled Income: $66,000
- Actual Annual Gross Rent: $66,000
- Gross Rent Multiplier: 5.86
- No Private Transfer Taxes
- Vacancy Allowance (%): 5
Interior Features
- Carpet (Partial)
Parking Information
- # of Parking Spaces (Total): 6
- Garage (4+ Door)
Property Features
- Front Porch
Location Information
- Cross Streets: Anahiem/Walnut
- Driving Directions: E on Anahiem/ South On Cherry
- Tax Area: 5500
- Legal Tract #: 5764
- Legal Lot #: 11
Expense Information
- Advertising: $75
- Gardener: $70
- Insurance: $1,200
- Licenses: $50
- Operating: $3,995
- Other: $75
- Other Description: $50
- Pest: $30
- Tax: $4,837
- Trash: $350
- Water: $2,350
Heating & Cooling
- Wall Gas Heating
- Water Heaters
- Gas Water Heater
Building Information
- Ground Level Entry (With Steps)
- Frame Exterior
- Wood Exterior
- Stucco Exterior
- Composition Shingle Roof
- Builders Tract Name: Downtown
- Builders Tract Code: Del Obispo Terrace Phase I (DT)
Multi-Family Information
- # of Buildings: 2
- # of Disposals: 3
- # of Electric Meters: 3
- # of Gas Meters: 3
- # of Ranges: 3
- # of Water Meters: 1
Property Information
- Land Lease Type: Fee
- Square Footage Source: Public Records
- Tax Parcel Number: 7267014014
Listing Information
- MLS: CRISNet
- Possession: Close of Escrow Plus 1 Day
- Listing Terms: Cash To New Loan
- Buyer Financing: Cash
Listing last changed
July 1, 2009, 12:44 PM
Overhead View of 1075 South CHERRY Ave, Long Beach, CA 90813
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Property History for 1075 South CHERRY Ave
| Date | Event | Price | Appreciation | Source |
|---|---|---|---|---|
| Jul 01, 2009 | Sold (Public Records) | $390,000 | -26.4%/yr | Public Records |
| Jul 01, 2009 | Sold (MLS) | $390,000 | -- | Inactive SoCalMLS #5 |
| May 28, 2009 | Listed | $387,000 | -- | Inactive SoCalMLS #5 |
| Mar 21, 2007 | Sold (Public Records) | $785,000 | 7.5%/yr | Public Records |
| Feb 14, 2005 | Sold (Public Records) | $675,000 | 31.1%/yr | Public Records |
| Sep 30, 2003 | Sold (Public Records) | $464,500 | 14.8%/yr | Public Records |
| Feb 06, 2003 | Sold (Public Records) | $425,000 | 20.8%/yr | Public Records |
| Apr 05, 2001 | Sold (Public Records) | $300,000 | >1,000%/yr | Public Records |
| Apr 03, 2001 | Sold (Public Records) | $190,000 | -- | Public Records |
What's the difference between "Sold (Public Records)" and "Sold (MLS)"?
NOTICE: There are past MLS listings for this property which are not being shown. In order to see these listings, MLS Rules require that you Sign In.
Public Facts for 1075 South CHERRY Ave
| Beds: | 6 |
| Baths: | 3.0 |
| Finished Sqft: | 3176 |
| Unfinished Sqft: | - |
| Total Sqft: | 3176 |
| Floors: | - |
| Lot Size: | 6,499 |
| Style: | Multi-Family (2-4 Unit) |
| Year Built: | 1920 |
| Year Renovated: | - |
| County: | Los Angeles County |
| APN: | 7267014014 |
| Last Updated: | November 19, 2009 |
These facts may not match MLS-provided listing facts.
Learn more.
Source: Public Records
Property Tax
| Taxable Value | |
| Land | $312,120 |
| Additions | $504,594 |
| Total | $816,714 |
| Tax (2009) | $8,915 |
Home Value Estimates for 1075 South CHERRY Ave
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Closest homes similar to 1075 South CHERRY Ave, which sold within the past six months:
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| Average: | $141/Sq. Ft. |
Link to this page at
http://www.redfin.com/CA/Long-Beach/1075-Cherry-Ave-90813/home/7613099
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(11/18/2009)
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