Daniel DeForest
First Team Real Estate
(657) 300-5786
158 Total Sales
1 in Willmore
$553,000 Price
1022 Magnolia Ave Long Beach, CA 90813
Willmore Neighborhood
5
Beds
3
Baths
4,758
Sq Ft
8,250
Sq Ft Lot
Highlights
- 0.19 Acre Lot
- Private Yard
- 5-minute walk to Drake Park
About This Home
As of August 2014Great Opportunity! 6 Units near downtown Long Beach! Front building is 4 units all 2 bedrooms 1 bath, back building is 2 units with 1 bedroom 1 bath each, with a 4 car garage and uncover parking spaces for the other 2 units, property is in decent condition, all units are occupied, 3 out of the 4 units of 2 bed rooms 1 bath, they all rent for $1,200 each the other 2 bedroom 1 bath rents for $1,150.00, and the 2 units 1 bedroom 1 bath both rent for $900 per month.
Last Agent to Sell the Property
Realty Executives All Cities License #01204139 Listed on: 02/17/2014
Co-Listed By
Maribel Gallardo
MC Realty Group, Inc. License #01815859
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1913
Lot Details
- 8,250 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Parking
- 4 Car Garage
Home Design
- 4,758 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, repairs
- Tax Lot 5
- Tax Tract Number 5758
- Assessor Parcel Number 7272007023
Community Details
Overview
- 4 Buildings
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $650
- Insurance Expense $1,200
- Water Sewer Expense $3,240
- Gross Income $6,550
- Net Operating Income $78,600
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, 2014
Sold by
Hart Carissa
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
$500,000
Interest Rate
4.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 7, 2014
Sold by
Hernandez Joshua E and Bunevith David J
Bought by
Hernandez Joshua E and Bunevith David J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 22, 2012
Sold by
Hernandez Joshua E and Bunevith David J
Bought by
Hernandez Joshua E and Bunevith David J
Purchase Details
Closed on
Jul 19, 2007
Sold by
Hernandez Joshua E
Bought by
Hernandez Joshua E and Bunevith David J
Purchase Details
Closed on
Aug 27, 2004
Sold by
Hart Community Homes Inc
Bought by
Hernandez Joshua E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 29, 2003
Sold by
Hud
Bought by
Hart Community Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 23, 2002
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud
Purchase Details
Closed on
Jan 11, 2002
Sold by
Flores Mauricio and Perez Vicente Gonzalez
Bought by
Chase Manhattan Mtg Corp
Purchase Details
Closed on
Feb 22, 1999
Sold by
Lee P Inc
Bought by
Flores Maricio and Gonzales Vicente
Purchase Details
Closed on
Nov 24, 1998
Sold by
Reynolds Shauna M
Bought by
Lee P Inc
Purchase Details
Closed on
Feb 16, 1995
Sold by
Reynolds James W and Reynolds Mildred T
Bought by
Reynolds Shauna M
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Willmore, CA
-
Daniel DeForest
-
Brad Hansen
Brad Hansen
ENRG Realty, Inc
(949) 570-5651
88 Total Sales
1 in Willmore
$580,000 Price
-
Katie Manes
Katie Manes
Keller Williams Realty
(626) 779-8568
24 Total Sales
1 in Willmore
$725,000 Price
-
Andrew York
Andrew York
Responds QuicklyPinnacle Estate Properties
(818) 647-9268
3 Total Sales
2 in Willmore
$439,000 Price Range
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
19 Total Sales
1 in Willmore
$345,000 Price
-
Marcus Ibrahim
Marcus Ibrahim
eXp Realty of Greater Los Angeles
(781) 476-7479
92 Total Sales
2 in Willmore
$374K - $640K Price Range
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 |
|---|---|---|---|
| -- | Orange Coast Title Company | ||
| Bhatia Sailesh | $785,000 | Orange Coast Title Company | |
| Hernandez Joshua E | -- | Ticor Title Co | |
| Hernandez Joshua E | -- | None Available | |
| Hernandez Joshua E | -- | None Available | |
| Hernandez Joshua E | $550,000 | Stewart Title Of Ca Inc | |
| Hart Community Homes Inc | $180,000 | Stewart Title | |
| Hud | -- | First American Title Ins Co | |
| Chase Manhattan Mtg Corp | $348,277 | First American Title Co | |
| Flores Maricio | $318,000 | First Southwestern Title Co | |
| Lee P Inc | $165,000 | Lawyers Title Company | |
| Reynolds Shauna M | $150,000 | Fidelity National Title Ins |
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 |
|---|---|---|---|
| Previous Owner | $500,000 | ||
| Previous Owner | Hernandez Joshua E | $500,000 | |
| Previous Owner | Hernandez Joshua E | $385,000 | |
| Previous Owner | Hart Community Homes Inc | $186,000 |
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 |
|---|---|---|---|---|
| 08/29/2014 08/29/14 | Sold | $785,000 | -12.3% | $165 / Sq Ft |
| 06/13/2014 06/13/14 | Pending | -- | -- | -- |
| 06/24/2013 06/24/13 | For Sale | $895,000 | -- | $188 / 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 |
|---|---|---|---|---|
| 2026 | $13,506 | $962,309 | $674,232 | $288,077 |
| 2025 | $13,506 | $943,441 | $661,012 | $282,429 |
| 2024 | $12,864 | $924,943 | $648,051 | $276,892 |
| 2023 | $12,638 | $906,808 | $635,345 | $271,463 |
| 2022 | $11,884 | $889,029 | $622,888 | $266,141 |
| 2021 | $11,620 | $871,598 | $610,675 | $260,923 |
| 2019 | $11,454 | $845,748 | $592,563 | $253,185 |
| 2018 | $11,103 | $829,166 | $580,945 | $248,221 |
| 2016 | $10,212 | $796,970 | $558,387 | $238,583 |
| 2015 | $9,815 | $785,000 | $550,000 | $235,000 |
| 2014 | $7,693 | $587,025 | $340,163 | $246,862 |
Source: Public Records
Agents Affiliated with this Home
-
Martin Gonzalez
Seller's Agent in 2014
Martin Gonzalez
Realty Executives
(562) 843-1103
130 Total Sales
-
MG
Seller Co-Listing Agent in 2014
Maribel Gallardo
MC Realty Group, Inc.
-
Heddly Henriquez
HH
Buyer's Agent in 2014
Heddly Henriquez
Coldwell Banker Envision
(310) 925-6137
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS13121604
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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