NOT LISTED FOR SALE

Estimated Value: $592,000 - $650,000

2 Beds
2 Baths
1,004 Sq Ft
$618/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $355,000 $354 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,834/month

8 Days on Market

Highlights

  • Fireplace in Bathroom
  • No HOA
  • 1 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • 5-minute walk to Craftsman Village Park

About This Home

As of September 2016

Super Cute Duplex In Downtown Area- Alamitos Beach, Two One Bedroom Units With Baths, One Car Garage, Long Driveway For Extra Parking That Can Fit Up To Three Cars, Newer Laminate Flooring Throughout, Kitchen Has Lots Of Cabinets And A Kitchenette For Dining Table, Garbage Disposal, Bathrooms Have Bathtubs And Showers, Washer And Dryer hookups In Both Units.

Last Agent to Sell the Property

Sherie Gerard

Keller Williams Pacific Estates Cerritos License #01851425 Listed on: 07/15/2016

Last Buyer's Agent

Sherie Gerard

Keller Williams Pacific Estates Cerritos License #01851425 Listed on: 07/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,431

Year Built

  • Built in 1921

Lot Details

  • 3,602 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Gas Cooktop
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 23
  • Tax Tract Number 40
  • Assessor Parcel Number 7267008031

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $571
  • New Taxes Expense $4,250
  • Gross Income $1,920
  • Net Operating Income $22,962

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,431

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Inclusions: Stoves
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7267008031
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Bath, Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 353.59
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Stackable
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 3602.00
  • Price Per Lot Square Foot: 98.56

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 1920.00
  • Gross Multiplier: 14.75
  • Gross Scheduled Income: 23040.00
  • Insurance Expense: 571.00
  • Net Operating Income: 22962.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 931.00
  • Rent Control: No
  • Total Actual Rent: 1920.00

Tax Info

  • New Taxes Expense: 4250.00
  • Tax Lot: 23
  • Tax Tract Number: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2017
Sold by
Tran Richard L
Bought by
Tran Richard L and Richard L Tran Living Trust
Current Estimated Value
$620,551

Purchase Details

Listed on
Jul 15, 2016
Closed on
Jul 27, 2016
Sold by
Mora Julien
Bought by
Tran Richard L
Seller's Agent
Sherie Gerard
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Sherie Gerard
Keller Williams Pacific Estates Cerritos
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$266,250
Outstanding Balance
$213,011
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$412,004

Purchase Details

Listed on
Feb 10, 2014
Closed on
Mar 1, 2014
Sold by
The Robert G & Yvonne Bolling Trust 1990
Bought by
Mora Julien and Mora Andrea
Seller's Agent
Heather Penko
SimpliHOM
Buyer's Agent
Janice Sadler
Redfin
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.72%
Original Mortgage
$265,109
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 10, 1999
Sold by
Bolling Yvonne Tr
Bought by
Bolling Yvonne and Robert G & Yvonne Bolling B Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tran Richard L -- None Available
Tran Richard L $355,000 Chicago Title Company
Mora Julien $270,000 Chicago Title Inland Empire
Bolling Yvonne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Richard L $266,250
Previous Owner Mora Julien $265,109
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2016 09/07/16 Sold $355,000 +4.4% $354 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $340,000 +25.9% $339 / Sq Ft
03/21/2014 03/21/14 Sold $270,000 +1.9% $269 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $265,000 -- $264 / 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
2025 $5,431 $412,003 $290,145 $121,858
2024 $5,431 $403,925 $284,456 $119,469
2023 $5,338 $396,006 $278,879 $117,127
2022 $5,015 $388,242 $273,411 $114,831
2021 $4,914 $380,630 $268,050 $112,580
2019 $4,844 $369,342 $260,100 $109,242
2018 $4,668 $362,100 $255,000 $107,100
2016 $3,426 $279,593 $196,751 $82,842
2015 $3,290 $275,394 $193,796 $81,598
2014 $619 $29,553 $17,373 $12,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16155647

California Regional Multiple Listing Service (CRMLS)

APN: 7267-008-031