NOT LISTED FOR SALE

Estimated Value: $1,049,000 - $1,196,000

4 Beds
4 Baths
2,763 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $778,000 $282 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,274/month

27 Days on Market

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • 4-minute walk to Craftsman Village Park

About This Home

As of March 2019

PRIME EASTSIDE LONG BEACH LOCATION! 4-plex consisting of all large 1 bedroom/1 bathroom units. Each unit has their own washer/dryer inside. Long term owner/Pride of ownership! Long term tenants with very low rents. The rents have not been raised in years! HUGE UPSIDE! No rent control in Long beach. Seller pays water only. Tenants pay all utilities. Separately metered for gas and electric.

Last Agent to Sell the Property

Kristina Moore

The Moore Group License #01926377 Listed on: 01/17/2019

Last Buyer's Agent

Lynn Fujihara

Buckingham Investments, Inc License #02041167

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,313

Year Built

  • Built in 1934

Lot Details

  • 2,285 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,763 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50
  • Assessor Parcel Number 7266004002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $43,200
  • Net Operating Income $29,376

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,313

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Other Phone Number: 7148097608
  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR4N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7266004002
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 281.58

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2285.00
  • Lot Size Acres: 0.0525

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Lot Size Area: 2285.0000 Square Feet
  • Net Operating Income: 29376.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13824.00
  • Rent Control: No
  • Total Actual Rent: 3600.00

Tax Info

  • Tax Census Tract: 5764.01
  • Tax Lot: 1
  • Tax Tract Number: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2019
Closed on
Mar 5, 2019
Sold by
Atienza Evangeline S
Bought by
Gochuico Fred N
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Lynn Fujihara
Buckingham Investments, Inc
List Price
$799,000
Sold Price
$778,000
Premium/Discount to List
-$21,000
-2.63%
Current Estimated Value
$1,143,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,135
Avg. Annual Appreciation
6.43%
Original Mortgage
$583,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 13, 2019
Sold by
Moylan William M and Moylan Susan M
Bought by
Portenos Llc
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Lynn Fujihara
Buckingham Investments, Inc
List Price
$799,000
Sold Price
$778,000
Premium/Discount to List
-$21,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 12, 2019
Sold by
Gochuico Fred N
Bought by
Moylan William M and Moylan Susan M
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Lynn Fujihara
Buckingham Investments, Inc
List Price
$799,000
Sold Price
$778,000
Premium/Discount to List
-$21,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2013
Sold by
Gochuico Fred N
Bought by
Gochuico Fred N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
Goia Mioara
Bought by
Gochiuco Fred N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,050
Interest Rate
4.37%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Gochuico Fred N -- North American Title Co
Portenos Llc -- None Available
Moylan William M $778,000 North American Title Co
Gochuico Fred N -- North American Title Co
Gochiuco Fred N $363,000 Ortc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Portenos Llc $565,400
Previous Owner Moylan William M $583,500
Previous Owner Gochuico Fred N $320,000
Previous Owner Gochiuco Fred N $334,050
Previous Owner Goia Mioara $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $778,000 -2.6% $282 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $799,000 0.0% $289 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/17/2019 01/17/19 For Sale $799,000 -- $289 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $11,313 $850,853 $596,035 $254,818
2023 $11,118 $834,171 $584,349 $249,822
2022 $10,439 $817,816 $572,892 $244,924
2021 $10,221 $801,781 $561,659 $240,122
2020 $10,195 $793,560 $555,900 $237,660
2019 $5,706 $416,899 $287,123 $129,776
2018 $5,546 $408,726 $281,494 $127,232
2016 $5,098 $392,857 $270,564 $122,293
2015 $4,902 $386,957 $266,500 $120,457
2014 $4,805 $379,378 $261,280 $118,098
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19011358

California Regional Multiple Listing Service (CRMLS)

APN: 7266-004-002