NOT LISTED FOR SALE

Estimated Value: $1,392,422 - $1,529,000

14 Beds
5 Baths
4,381 Sq Ft
$333/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2015

Last sale price $755,000 $172 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,115 / mo

50 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 2-minute walk to Ernest McBride Park
  • Long Beach Polytechnic High School Rated A
  • Wall Furnace

About This Home

As of March 2015

Great cash flow!!! - nice large fourplex near Poly High in good condition, property has been well maintained. The front building includes 2 - 3 bedroom 1 bath units, located upstairs and a large 5 bedroom 2 bath unit, located on first floor. The single family house in rear has 3 bedrooms & 1 bath. To the rear of lot is a large 2 car garage with a storage room above, rent out for additional income!

Last Agent to Sell the Property

Rebecca Santana

Lightfeather Realty Group License #01750832 Listed on: 12/01/2014

Last Buyer's Agent

Jaime Sutachan

South Bay Executive Realty, Inc. License #01886915

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,489 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation

Interior Spaces

  • 4,381 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 5 Bathrooms

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 27
  • Assessor Parcel Number 7268023027

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,844
  • Pest Control $840
  • Water Sewer Expense $3,660
  • Gross Income $5,850
  • Net Operating Income $662,786

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

6,489 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 3660.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7268023027
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Levels: Two
  • Price Per Square Foot: 172.34

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Pest Control Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size: 50 X 130
  • Lot Size Sq Ft: 6489.00
  • Lot Size Acres: 0.1490

Rental Info

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

Multi Family

  • Gross Income: 5850.00
  • Gross Scheduled Income: 70200.00
  • Insurance Expense: 1844.00
  • Lot Size Area: 6489.0000 Square Feet
  • Net Operating Income: 662786.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 2
  • Operating Expense: 7414.00
  • Rent Control: No
  • Total Actual Rent: 5850.00

Tax Info

  • Tax Lot: 27
  • Tax Year: 2013

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2018
Sold by
Bought by
Current Estimated Value
$1,460,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$804,333
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 1, 2014
Closed on
Jan 30, 2015
Sold by
Bought by
Seller's Agent
Rebecca Santana
Lightfeather Realty Group
Buyer's Agent
Jaime Sutachan
South Bay Executive Realty, Inc.
List Price
$825,000
Sold Price
$755,000
Premium/Discount to List
-$70,000
-8.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$741,325
Interest Rate
3.61%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.34%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 13, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2001
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Provident Title Company
$755,000 Ticor Title
-- Pacific Coast Title
-- Orange Coast Title Co
-- None Available
-- None Available
-- None Available
-- --
-- Orange Coast Title
$361,000 --
$357,389 First American Title Co
-- --
$340,000 United Title Company
-- Southland Title Corporation
$123,500 Southland Title Corporation
$89,900 Lawyers Title Company
-- First Southwestern Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $198,952
Open $809,457
Closed $804,333
Closed $741,325
Previous Owner $78,000
Previous Owner $396,000
Previous Owner $50,000
Previous Owner $125,000
Previous Owner $20,000
Previous Owner $97,000
Previous Owner $374,000
Previous Owner $183,000
Previous Owner $35,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2015 03/16/15 Sold $755,000 -8.5% $172 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $825,000 +25.0% $188 / Sq Ft
07/31/2013 07/31/13 Sold $660,000 +1.5% $151 / Sq Ft View Prior Sale
07/01/2013 07/01/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $650,000 -- $148 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,856 $907,388 $300,457 $606,931
2024 $12,279 $889,597 $294,566 $595,031
2023 $12,066 $872,155 $288,791 $583,364
2022 $11,344 $855,055 $283,129 $571,926
2021 $11,096 $838,290 $277,578 $560,712
2020 $11,066 $829,695 $274,732 $554,963
2019 $10,937 $813,428 $269,346 $544,082
2018 $10,578 $797,479 $264,065 $533,414
2016 $9,726 $766,513 $253,812 $512,701
2015 $6,320 $486,014 $263,796 $222,218
2014 $6,298 $476,495 $258,629 $217,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14252022

California Regional Multiple Listing Service (CRMLS)

APN: 7268-023-027

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