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4617 East Ocean Boulevard

4617 East Ocean Boulevard, Long Beach, CA 90803
Property in Belmont Shore
Sold Sep 07, 2016
$1,470,000
$780,000 by Bank Of Hope
Mortgage Due Dec 30, 2051
4617 East Ocean Boulevard has been categorized by the local assessors in Long Beach, CA as a residential type of property. The building on the property was first built in 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 1947. The home has a total of 5 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. In addition, 4617 East Ocean Boulevard has 3,328 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,741 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 4617 East Ocean Boulevard was last sold in Jun 15, 2016 for $1,470,000. According to our calculations, that's $441.71 per sqft. Current property owners are expected to pay $20,007 in taxes per year. The property on 4617 East Ocean Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,639,810. To break that down further, the land itself was valued at $892,414. While improvements to the property were assessed at a total of $747,396. 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. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,741
  • Total Building Area: 3,328
  • Gross Building Area: 3,328
  • Building Area: 3,328
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 3,328
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3750
  • Land Acres: 0.063
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 3750 LOT/SEC 28 BLK/DIV/TWN 14

Ownership

  • Current Owner : MONAHAN JEFFREY L
  • Current Owner 2: MONAHAN PAMELA R
  • Previous Owner : COLONNA FRANK A
  • Previous Owner 2: COLONNA MICHELLE D
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 577300

Zoning

  • Zoning: LBR4R

Geography

  • Assessors Map Reference: 80-B1
  • Subdivision Tract Number: 3750
  • Parcel: 7256-033-026
  • Block: 14
  • Lot: 28
  • Municipality: SOUTH /SOUTH LONG BEACH
  • Latitude: 33.7578
  • Longitude: -118.142

    Address

  • Full Address: 4617 E Ocean Blvd
  • Address - House Number: 4617
  • Street Direction: E
  • Address - Street Name: Ocean
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C035
  • 4-Digit Zip Code: 3181
  • Zip Code: 90803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,007
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.3325
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 33
  • Final Value: 1,606,081
  • High Value: 2,140,155
  • Low Value: 1,072,006

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,560,000
  • First Open Lien Mortgage Lender: BANK OF HOPE
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $780,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Dec 30, 2051
  • Second Open Lien Mortgage Lender: BBCN BANK
  • Second Open Lien Mortgage Recording Date: Dec 30, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $780,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan
  • Second Open Lien Mortgage Loan Due Date: Dec 30, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,639,810
  • Assessed Land Value: $892,414
  • Assessed Improvements Value: $747,396

    Sales

  • Current Sale Contract Date: Jun 15, 2016
  • Current Sale Recording Date: Sep 07, 2016
  • Current Sale Transaction ID: 1757045720
  • Current Sale Price: $1,470,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1072449

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FOUNDATION BANK
  • First Mortgage Transaction Date: Sep 07, 2016
  • First Mortgage Loan Amount: $756,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 01, 2046

About Belmont Shore



Similar Buildings

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Nearby Rentals

Unit for rent at 4817 E Ocean Boulevard, Long Beach, CA, 90803

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
4817 E Ocean Boulevard, Long Beach, CA, 90803 Listing by Joseph Smylie
Unit for rent at 1500 E Ocean Boulevard, Long Beach, CA, 90802

$4,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,282 ft²
1500 E Ocean Boulevard #517, Long Beach, CA, 90802 Listing by Jacqueline Simpson

Frequently Asked Questions

What neighborhood is 4617 East Ocean Boulevard located in?
The 4617 East Ocean Boulevard is a located in the neighborhood of Belmont Shore in Belmont Shore, Long Beach.
What is the average sales price for listings in 4617 East Ocean Boulevard?
The average sales price for units in 4617 East Ocean Boulevard is $0 currently.

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