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1059 Pacific Avenue

1059 Pacific Avenue, Long Beach, CA 90813
Property in Willmore City
1 Units For Sale
Unit for sale at 1059 Pacific Avenue, Long Beach, CA 90813

$4,250,000

  • Commercial
  • 5,557 ft²
1059 Pacific Avenue, Long Beach, CA 90813 Listing by Danny Stojakovic

Local assessors in Long Beach, CA have categorized 1059 Pacific Avenue as a commercial type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 7,454 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 8 full bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 1059 Pacific Avenue is a 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1059 Pacific Avenue was last sold in Nov 9, 1995 for $35,000. According to our calculations, that's $16.87 per sqft. Current property owners are expected to pay $9,134 in taxes per year. The property on 1059 Pacific Avenue was last assessed in 2018. As a result of that assessment, the total value of the property was placed at $469,156. To break that down further, the land itself was valued at $220,780. While improvements to the property were assessed at a total of $248,376. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Building Quality: D
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,454
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,075
  • Gross Building Area: 2,075
  • Building Area: 2,075
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Subdivision: RICHARDSON TRACT
  • Land Acres: 0.171
  • Standard Land Use Code: Motel
  • Legal Description 1: RICHARDSON TRACT LOT 6

Ownership

  • Current Owner : BAGRAMELI MIKE
  • Current Owner 2: BAGRAMELI IRENKA
  • Previous Owner : PENG JENG TAUR
  • Previous Owner 2: PENG DERFANG LIAO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 575803

Zoning

  • Zoning: LBCO

Geography

  • Parcel: 7272-005-014
  • Lot: 6
  • Latitude: 33.78
  • Longitude: -118.194

    Address

  • Full Address: 1059 Pacific Ave
  • Address - House Number: 1059
  • Address - Street Name: Pacific
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C004
  • 4-Digit Zip Code: 3021
  • Zip Code: 90813

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $9,134
  • Tax Rate Code Area: 11-934

    Appraisal Valuation

  • Valuation Date: Jan 01, 1900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $466,456
  • First Open Lien Mortgage Lender: D BENZ LLC
  • First Open Lien Mortgage Recording Date: Jul 23, 2015
  • First Open Lien Mortgage Loan Amount: $466,456
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $469,156
  • Assessed Land Value: $220,780
  • Assessed Improvements Value: $248,376

    Sales

  • Current Sale Contract Date: Nov 09, 1995
  • Current Sale Recording Date: Nov 30, 1995
  • Current Sale Transaction ID: 1019092414
  • Current Sale Price: $35,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 95-1907422

About Willmore City



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Nearby Rentals

Unit for rent at 1815 Locust Avenue, Long Beach, CA, 90806

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
1815 Locust Avenue #8, Long Beach, CA, 90806 Listing by CHUNG-TAO LEE
Unit for rent at 1137 E 7th Street, Long Beach, CA, 90813

$1,695 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
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Frequently Asked Questions

What neighborhood is 1059 Pacific Avenue located in?
The 1059 Pacific Avenue is a located in the neighborhood of Willmore City in Willmore City, Long Beach.
How many listings are currently for sale in 1059 Pacific Avenue?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1059 Pacific Avenue?
The average sales price for units in 1059 Pacific Avenue is $4,250,000 , or $765/sqft. currently.

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