NOT LISTED FOR SALE

Estimated Value: $1,202,000 - $1,424,280

6 Beds
4 Baths
2,448 Sq Ft
$547/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $1,125,000 $460 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,637/month

164 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • 3 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of June 2021

This is a two-on-a-lot residential property. The main house, 1021 Bennett Avenue, has 4 bedrooms and 2 bathrooms. It also has a renovated single-car garage and a long driveway that can accommodate, at least, 3 additional cars. At the back of the property, 1023 Bennett Avenue, is a two story apartment building with a 2-bedroom, 2-bathroom on top and 3-car garage at the bottom. The garage is shared between the main house and apartment building residents. Property is walking distance from Woodrow Wilson High School and a short drive to California State University Long Beach as well as the Veteran's Hospital. Ideal for homebuyers looking for a property where they can live in the main house and generate additional income from the apartment building. Initial discussion with the city of Long Beach Planning Department indicates that the 3-car garage underneath the apartment building can be converted into an ADU, providing the future owner with an additional rental unit and income. This property is also listed in the residential income section with Listing ID CV20203860.

Last Agent to Sell the Property

Mac Fernando

SALUS INVESTMENT MANAGEMENT License #01031870 Listed on: 10/28/2020

Last Buyer's Agent

Fel Sarno

Century 21 Diamond License #00914719

Century 21 Diamond

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,502

Year Built

  • Built in 2006

Lot Details

  • 5,851 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Front Yard

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,448 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Woodrow Wilson High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Belmont Heights Subdivision

Listing and Financial Details

  • Tax Lot 48
  • Tax Tract Number 3696
  • Assessor Parcel Number 7241007028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,502

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Other Phone Description: 6262729659
  • Other Phone Number: 6262729659
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7241007028
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2448.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 459.56
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Long Beach Unified
  • High School: Woodrow Wilson
  • High School: Woodrow Wilson
  • High School2: WOOWIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Sq Ft: 5851.00
  • Lot Size Acres: 0.1343

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5851.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5770.00
  • Tax Lot: 48
  • Tax Tract Number: 3696

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2021
Sold by
Garcia Fabiola L
Bought by
W & F Garcia Trust
Current Estimated Value
$1,329,968

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jun 1, 2021
Sold by
Garcia Wilson M
Bought by
Garcia Fabiola L
Seller's Agent
Mac Fernando
SALUS INVESTMENT MANAGEMENT
Buyer's Agent
Fel Sarno
Century 21 Diamond
List Price
$1,189,900
Sold Price
$1,125,000
Premium/Discount to List
-$64,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.41%
Original Mortgage
$843,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2020
Closed on
Apr 18, 2021
Sold by
Sanchez Carlos Humberto
Bought by
Garcia Fabiola L
Seller's Agent
Mac Fernando
SALUS INVESTMENT MANAGEMENT
Buyer's Agent
Fel Sarno
Century 21 Diamond
List Price
$1,189,900
Sold Price
$1,125,000
Premium/Discount to List
-$64,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$843,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2017
Sold by
Takapu Latu N
Bought by
Sanchez Carlos Humberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,799
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2015
Sold by
Reichenbacher Bruce
Bought by
Takapu Latu N

Purchase Details

Closed on
Feb 14, 2012
Sold by
Reichenbacher Bruce
Bought by
Reichenbacher Bruce and Takapu Latu N

Purchase Details

Closed on
Sep 10, 1997
Sold by
The Secretary Of Veterans Affairs
Bought by
Reichenbacher Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.45%
Mortgage Type
VA

Purchase Details

Closed on
Sep 5, 1997
Sold by
Takapu Latu
Bought by
Reichenbacher Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.45%
Mortgage Type
VA

Purchase Details

Closed on
Aug 27, 1996
Sold by
Homeside Lending Inc
Bought by
Va

Purchase Details

Closed on
Aug 23, 1996
Sold by
Husted Michael A and Homeside Lending Inc
Bought by
Homeside Lending Inc and Bancboston Mtg Corp
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
W & F Garcia Trust $1,125,000 None Listed On Document
Garcia Fabiola L -- North American Title
Garcia Fabiola L $1,125,000 North American Title
Sanchez Carlos Humberto $815,000 North American Title Company
Takapu Latu N -- Wfg National Title Co Of Ca
Reichenbacher Bruce -- None Available
Reichenbacher Bruce -- South Coast Title
Reichenbacher Bruce -- South Coast Title
Va -- First Southwestern Title Co
Homeside Lending Inc $110,357 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Fabiola L $843,750
Previous Owner Sanchez Carlos Humberto $787,799
Previous Owner Reichenbacher Bruce K $116,466
Previous Owner Reichenbacher Bruce K $100,000
Previous Owner Reichenbacher Bruce $652,000
Previous Owner Reichenbacher Bruce $74,500
Previous Owner Reichenbacher Bruce $349,500
Previous Owner Reichenbacher Bruce $300,700
Previous Owner Reichenbacher Bruce $201,464
Previous Owner Reichenbacher Bruce $46,900
Previous Owner Reichenbacher Bruce $204,244
Previous Owner Reichenbacher Bruce $149,782
Previous Owner Reichenbacher Bruce $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2021 06/09/21 Sold $1,125,000 -5.5% $460 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $1,189,900 0.0% $486 / Sq Ft
02/01/2019 02/01/19 Rented $3,350 -10.7% --
12/04/2018 12/04/18 For Rent $3,750 -- --
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 $15,502 $1,217,734 $790,174 $427,560
2024 $15,502 $1,193,858 $774,681 $419,177
2023 $15,243 $1,170,450 $759,492 $410,958
2022 $14,195 $1,147,500 $744,600 $402,900
2021 $10,725 $856,709 $599,171 $257,538
2020 $10,697 $847,926 $593,028 $254,898
2019 $10,573 $831,300 $581,400 $249,900
2018 $6,137 $334,825 $120,256 $214,569
2016 $4,067 $321,826 $115,588 $206,238
2015 $3,909 $316,993 $113,852 $203,141
2014 $3,810 $310,784 $111,622 $199,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20227946

California Regional Multiple Listing Service (CRMLS)

APN: 7241-007-028