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1525 Obispo Avenue

1525 Obispo Avenue, Long Beach, CA 90804
Multifamily in Lee School
Local assessors in Long Beach, CA have categorized 1525 Obispo Avenue as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 6,371 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 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1525 Obispo Avenue has a total of 2,613 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 Aug 4, 2004 for $310,000. That's $118.64 per sqft. Prior to that sales transaction, the property was also sold in Nov 16, 2000 for $270,000. 1525 Obispo Avenue was last assessed in 2023. The total value of the property was assessed at $415,315. Specifically, the land the property is located on was valued at $267,947. While improvements on the property were assessed at a total of $147,368. 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 $5,773. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220402
04/02/2022
Studio
-
2613 ft²
$1,400,000
bedrooms
Studio
bathrooms
-
square feet
2613 ft²
-
-
-
Beatriz Guerra
Care 4 U Realty

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,371
  • Total Building Area: 2,613
  • Gross Building Area: 2,613
  • Building Area: 2,613
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,613
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SIGNAL HILL VILLA TRACT
  • Land Acres: 0.146
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: SIGNAL HILL VILLA TRACT LOT/SEC 10 BLK/DIV/TWN 1

Ownership

  • Current Owner : RIVAS KURT
  • Previous Owner : AFRICAN COMMUNITY RESOURCE CENTER INC
  • Owner Before Previous Owner: CHABAD OF SACRAMENTO

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 575103

Zoning

  • Zoning: LBR2N

Geography

  • Assessors Map Reference: 75-F3
  • Parcel: 7259-027-022
  • Block: 1
  • Lot: 10
  • Municipality: SOUTH /CENT. LONG BEACH
  • Latitude: 33.7868
  • Longitude: -118.155

    Address

  • Full Address: 1525 Obispo Ave
  • Address - House Number: 1525
  • Address - Street Name: Obispo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C017
  • 4-Digit Zip Code: 1726
  • Zip Code: 90804

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,773
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 410,558
  • High Value: 458,146
  • Low Value: 362,969

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $415,315
  • Assessed Land Value: $267,947
  • Assessed Improvements Value: $147,368

    Sales

  • Current Sale Contract Date: Aug 04, 2004
  • Current Sale Recording Date: Aug 30, 2004
  • Current Sale Transaction ID: 1018900600
  • Current Sale Price: $310,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 04-2223405
  • Previous Sale Recording Date: Jun 21, 2001
  • Previous Sale Contract Date: Nov 16, 2000
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Corporation Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Jun 21, 2001
  • Previous Mortgage Loan Amount: $296,807
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2031

About Lee School



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Frequently Asked Questions

What neighborhood is 1525 Obispo Avenue located in?
The 1525 Obispo Avenue is a multifamily located in the neighborhood of Lee School in Lee School, Long Beach.
What is the average sales price for listings in 1525 Obispo Avenue?
The average sales price for units in 1525 Obispo Avenue is $0 currently.

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