NOT LISTED FOR SALE

Estimated Value: $2,226,961 - $2,595,000

4 Beds
4 Baths
2,488 Sq Ft
$973/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $2,365,000 $951 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $15,964/month

67 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Ocean Side of Highway 1
  • Naples Bayside Academy Rated A
  • Across the Road from Lake or Ocean
  • Custom Home

About This Home

As of August 2023

LOCATION, LOCATION, LOCATION!! Stunning Waterfront and Bay views! This 4 bedroom, 4 bathroom, duplex with lots of natural light is absolutely spectacular! Both units feature spacious living rooms with fireplace, well-appointed dining areas with open kitchens that have a great serving bar/counter that's perfect for entertaining. Both units have amazing water views and plenty of spaces to enjoy them. The lower unit has a nice large brick patio, while the upper unit has a private balcony with clear glass railings so the views are unobstructed. Other features include separate laundry, storage, and two side-by-side, separate garage parking spots. Conveniently located and walking distance to Belmont Shore restaurants and shops on 2nd street. The street in front (Bay Shore Ave) is closed to vehicles during the Summer months making this peaceful beachfront retreat an absolute perfect getaway or permanent home. Rarely do properties come up for sale on this street because no one ever wants to leave. Come and see this amazing opportunity to own a piece of the the Southern California lifestyle.

Last Listed By

Bill Ruth

Coastal Legacy Realty Group License #01047519 Listed on: 05/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,750

Year Built

  • Built in 1955

Lot Details

  • 2,495 Sq Ft Lot
  • Lot Dimensions are 80 x 32
  • Beach Front
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Property Views

  • Ocean
  • Coastline
  • Back Bay
  • Panoramic
  • Bridge
  • City Lights
  • Canal

Home Design

  • Duplex
  • Custom Home
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,488 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Awning
  • Plantation Shutters
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Built-In Range
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 4 Full Bathrooms
  • Tile Bathroom Countertop
  • Low Flow Toliet
  • Bathtub
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Deck
  • Patio
  • Rain Gutters
  • Front Porch

Additional Homes

  • Two Homes on a Lot

Location

  • Across the Road from Lake or Ocean
  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 13
  • Tax Tract Number 577
  • Assessor Parcel Number 7245003023

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Dog Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,750

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LBR2S
  • Architectural Style: Custom Built, Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7245003023
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2488.00 Square Feet
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Corian Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Tile Counters
  • Stories: 2
  • Entry Location: Side
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 950.56
  • Room Type: Great Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Double Pane Windows, Plantation Shutters, Skylight(s)
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Exhaust Fan(s), Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Corian Counters, Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Two On A Lot
  • Exterior Features: Awning(s), Rain Gutters
  • View: Back Bay, Bay, Bridge(s), Canal, City Lights, Coastline, Ocean, Panoramic, Water
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Patio And Porch Features: Brick, Deck, Front Porch
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Cooktop, Disposal, Gas & Electric Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Recirculated Exhaust Fan
  • Electric: Electricity - On Property, Standard
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Gutters, Watersports, Sidewalks

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Level, Near Public Transit, Utilities - Overhead, Walkstreet
  • Lot Size: 80 x 32
  • Lot Size Sq Ft: 2495.00
  • Lot Size Acres: 0.0573

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2495.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Across the Road from Lake/Ocean, Bay Front, Beach Access, Beach Front, Canal Front, Ocean Front, Ocean Side Of Highway 1, Seawall, Waterfront With Home Across Road

Tax Info

  • Tax Block: 13
  • Tax Lot: 27
  • Tax Tract Number: 577...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Jul 28, 2023
Sold by
Rowan Peggy Ann
Bought by
Griley Rebecca
Seller's Agent
Bill Ruth
Coastal Legacy Realty Group
Buyer's Agent
Jaime Harris
Coldwell Banker Realty
List Price
$2,395,000
Sold Price
$2,365,000
Premium/Discount to List
-$30,000
-1.25%
Total Days on Market
67
Views
113
Current Estimated Value
$2,420,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,740
Avg. Annual Appreciation
1.41%
Original Mortgage
$1,655,500
Outstanding Balance
$1,625,754
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$794,986

Purchase Details

Closed on
Oct 28, 2020
Sold by
Rowan Peggy Ann and Peggy Ann Rowan Trust
Bought by
Rowan Peggy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$923,767
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Feb 23, 2017
Sold by
Rowan Peggy Ann
Bought by
Rowan Peggy Ann and Peggy Ann Rowan Trust

Purchase Details

Closed on
Jun 11, 2014
Sold by
Ruth Marion N
Bought by
Rowan Peggy Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.11%
Mortgage Type
VA

Purchase Details

Closed on
Nov 15, 2012
Sold by
Ruth Marion N
Bought by
Ruth Marion N and Ruth Family Trust

Purchase Details

Closed on
Jul 22, 2004
Sold by
Ruth Clarence M
Bought by
Ruth Clarence M and Ruth Marion N

Purchase Details

Closed on
Nov 7, 2000
Sold by
Wilcox Charles S
Bought by
Blba Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Griley Rebecca $2,365,000 Fidelity National Title
Rowan Peggy Ann -- Placer Title Company
Rowan Peggy Ann -- None Available
Rowan Peggy Ann $1,210,000 Ticor Title Co
Ruth Marion N -- None Available
Ruth Clarence M -- Progressive Title Company
Ruth Clarence M -- --
Ruth Clarence M -- --
Blba Llc $755,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griley Rebecca $1,655,500
Previous Owner Rowan Peggy Ann $923,767
Previous Owner Rowan Peggy Ann $975,500
Previous Owner Rowan Peggy Ann $981,202
Previous Owner Rowan Peggy Ann $1,000,000
Previous Owner Ruth Clarence M $975,000
Previous Owner Blba Llc $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $2,365,000 -0.4% $951 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $2,375,000 -0.8% $955 / Sq Ft
07/07/2023 07/07/23 For Sale $2,395,000 +1.3% $963 / Sq Ft
07/06/2023 07/06/23 Off Market $2,365,000 -- --
06/19/2023 06/19/23 Price Changed $2,395,000 -4.0% $963 / Sq Ft
05/30/2023 05/30/23 Price Changed $2,495,000 -5.8% $1,003 / Sq Ft
05/15/2023 05/15/23 For Sale $2,650,000 0.0% $1,065 / Sq Ft
02/01/2023 02/01/23 Rented $3,700 0.0% --
02/01/2023 02/01/23 For Rent $3,700 0.0% --
01/31/2023 01/31/23 Off Market $3,700 -- --
01/17/2023 01/17/23 Price Changed $3,700 -5.1% $1 / Sq Ft
01/13/2023 01/13/23 For Rent $3,900 0.0% --
01/12/2023 01/12/23 Off Market $3,900 -- --
01/03/2023 01/03/23 For Rent $3,500 0.0% --
11/11/2022 11/11/22 Off Market $3,500 -- --
11/06/2022 11/06/22 Price Changed $3,500 -12.4% $1 / Sq Ft
10/11/2022 10/11/22 For Rent $3,995 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $29,750 $2,365,000 $1,600,000 $765,000
2023 $17,800 $1,397,760 $1,039,659 $358,101
2022 $16,693 $1,370,354 $1,019,274 $351,080
2021 $16,370 $1,343,486 $999,289 $344,197
2019 $16,134 $1,304,359 $969,650 $334,709
2018 $15,730 $1,278,799 $950,638 $328,161
2016 $14,463 $1,228,452 $913,725 $314,727
2015 $13,870 $1,210,000 $900,000 $310,000
2014 $10,901 $928,052 $737,527 $190,525
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV23083420

California Regional Multiple Listing Service (CRMLS)

APN: 7245-003-023