NOT LISTED FOR SALE

227 1/2 Granada Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,584,000 - $1,677,000

2 Beds
4 Baths
2,125 Sq Ft
$775/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2017

Last sale price $1,150,000 $541 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,406 / mo

4 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • 4-minute walk to Livingston Drive Park
  • Lowell Elementary School Rated A-

About This Home

As of June 2017

The actual address is 227 1/2 Granada but the MLS will not allow to input the exact address. This is a FANTASTIC LOCATION in Belmont Shore, just a half a block from 2nd Street for shopping and enjoying dinner at great restaurants without getting in your car. This 4-plex is comprised of (2) 1-bedroom and (2) studio units, one double car garage and on-site laundry room.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 06/08/2017

Co-Listed By

Krosby Pabst

Pabst, Kinney & Associates License #02003918

Last Buyer's Agent

Natasha Schultheis

Coldwell Banker Realty License #01277420

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 2,627 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls

Parking

  • 2 Car Garage

Home Design

  • 2,125 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer
  • 220 Volts In Laundry

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 3885
  • Assessor Parcel Number 7249032025

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $12,800
  • Operating Expense $12,800
  • Gross Income $47,880

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

2,627 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Belmont Shore (BSD)
  • Zoning: LBR2S
  • Property Type: Residential Income
  • Parcel Number: 7249032025
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 541.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2627.00

Rental Info

  • Garage Rental Rate: 400.00

Multi Family

  • Gross Income: 47880.00
  • Gross Scheduled Income: 47880.00
  • Laundry Equipment Own Lease: Lease
  • Laundry Income: 20.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 3955.00
  • Total Expenses: 12800.00

Tax Info

  • New Taxes Expense: 12800.00
  • Tax Census Tract: 5774.00
  • Tax Lot: 37
  • Tax Tract Number: 3885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2024
Sold by
Ray Haj Living Trust
Bought by
Haj02 Llc
Current Estimated Value
$1,647,157

Purchase Details

Closed on
Oct 8, 2017
Sold by
Golden David B and Golden Sheila S
Bought by
227 Granada Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2017
Sold by
Golden David and Golden Sheila
Bought by
Golden David and Golden Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2017
Closed on
Jun 19, 2017
Sold by
Gallup Thomas G and The Thomas G Gallup & Jean S G
Bought by
Golden David B and Golden Sheila S
Seller's Agent
Kristie Pabst
Pabst, Kinney & Associates
Buyer's Agent
Natasha Schultheis
Coldwell Banker Realty
List Price
$1,139,500
Sold Price
$1,150,000
Premium/Discount to List
$10,500
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Gallup Thomas G and Gallup Jean S
Bought by
The Thomas G Gallup & Jean S Gallup Revo

Purchase Details

Closed on
Jun 20, 2012
Sold by
Gallup Thomas G and Gallup Jean S
Bought by
Gallup Thomas G and Gallup Jean S

Purchase Details

Closed on
Jun 19, 2012
Sold by
Gallup Thomas G
Bought by
Gallup Thomas G and Gallup Jean S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Haj02 Llc -- None Listed On Document
227 Granada Avenue Llc -- None Available
Golden David -- Wfg National Title
Golden David B $1,150,000 First American Title Company
The Thomas G Gallup & Jean S Gallup Revo -- None Available
Gallup Thomas G -- None Available
Gallup Thomas G -- None Available
Gallup Thomas G -- None Available
Gallup Thomas G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden David $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2017 06/26/17 Sold $1,150,000 +0.9% $541 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $1,139,500 -- $536 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,070 $1,520,814 $985,012 $535,802
2024 $19,216 $1,490,996 $965,699 $525,297
2023 $18,891 $1,461,762 $946,764 $514,998
2022 $17,720 $1,433,100 $928,200 $504,900
2021 $15,039 $1,208,854 $840,942 $367,912
2020 $15,001 $1,196,880 $832,320 $364,560
2019 $15,108 $1,196,880 $832,320 $364,560
2018 $14,743 $1,173,420 $816,000 $357,420
2016 $1,634 $95,011 $51,955 $43,056
2015 $1,581 $93,585 $51,175 $42,410
2014 $1,594 $91,753 $50,173 $41,580
Source: Public Records

Agents Affiliated with this Home

  • Kristie Pabst

    Seller's Agent in 2017

    Kristie Pabst

    Pabst, Kinney & Associates

    (562) 987-3244

    2 in this area

    28 Total Sales

    Kristie Pabst
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Krosby Pabst

    Pabst, Kinney & Associates

    (562) 439-2147

    1 in this area

    7 Total Sales

    Krosby Pabst
    Section Image
  • Natasha Schultheis

    Buyer's Agent in 2017

    Natasha Schultheis

    Coldwell Banker Realty

    (562) 308-8275

    2 in this area

    47 Total Sales

    Natasha Schultheis
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17127639

California Regional Multiple Listing Service (CRMLS)

APN: 7249-032-025

California Los Angeles County Long Beach 90803 Belmont Shore

227 1/2 Granada Ave, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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