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1513 East Broadway

1513 East Broadway, Long Beach, CA 90802
Multifamily in Bixby Park
Sold Apr 27, 2021
$1,200,000
$625,000 by Bank Of The West
Mortgage
Sold Dec 14, 2010
$330,000
$184,750 by Farmers & Merchants Bank Of Lo
Mortgage
Local assessors in Long Beach, CA have categorized 1513 East Broadway as a residential type of property. The home was built in 1914 and is 110 years old. It was most recently renovated and altered in 1920. The property's lot size has been calculated to be 2,471 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, 5 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 6 full bathrooms. There are also 6 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1513 East Broadway has a total of 2,660 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. 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 - C. Residents rely on air conditioning for their cooling system. The property was last sold in Mar 24, 2021 for $1,200,000. That's $451.13 per sqft. Prior to that sales transaction, the property was also sold in Sep 13, 2010 for $330,000. 1513 East Broadway was last assessed in 2023. The total value of the property was assessed at $1,248,480. Specifically, the land the property is located on was valued at $811,512. While improvements on the property were assessed at a total of $436,968. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $15,384. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1914
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,471
  • Total Building Area: 2,660
  • Gross Building Area: 2,660
  • Building Area: 2,660
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FALCON TRACT
  • Land Acres: 0.057
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: FALCON TRACT LOT/SEC 7

Ownership

  • Current Owner : 3KR PROPERTY LLC
  • Previous Owner : BROADWAY 1515 PROPERTY LLC
  • Owner Before Previous Owner: COMMUNITY COMMERCE BANK
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 576001

Zoning

  • Zoning: LBCNR

Geography

  • Assessors Map Reference: 75-E5
  • Parcel: 7275-012-040
  • Lot: 7
  • Municipality: SOUTH /ALAMITOS/CARROLL
  • Latitude: 33.7681
  • Longitude: -118.173

    Address

  • Full Address: 1513 E Broadway
  • Address - House Number: 1513
  • Street Direction: E
  • Address - Street Name: Broadway
  • State: CA
  • City Name: Long Beach
  • Zip Code: 90802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,384
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 1,227,467
  • High Value: 1,370,416
  • Low Value: 1,084,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,000
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,248,480
  • Assessed Land Value: $811,512
  • Assessed Improvements Value: $436,968

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11832583193
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0662592
  • Previous Sale Recording Date: Dec 14, 2010
  • Previous Sale Contract Date: Sep 13, 2010
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FARMERS & MERCHANTS BANK OF LO
  • Previous Mortgage Transaction Date: Dec 14, 2010
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $184,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Bixby Park



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Frequently Asked Questions

What neighborhood is 1513 East Broadway located in?
The 1513 East Broadway is a multifamily located in the neighborhood of Bixby Park in Bixby Park, Long Beach.
What is the average sales price for listings in 1513 East Broadway?
The average sales price for units in 1513 East Broadway is $1,225,000 currently.

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