1022 Walnut Ave Long Beach, CA 90813
Hellman Neighborhood
6
Beds
4
Baths
2,310
Sq Ft
6,086
Sq Ft Lot
Highlights
- Corner Lot
- Laundry Room
- 2 Car Garage
- Long Beach Polytechnic High School Rated A
- Tile Flooring
- 1-Story Property
About This Home
As of August 2024Calling all INVESTORS and EXPERIENCED LANDLORDS to this 2 units gem in Long Beach. The units' living quarters are detached and occupied by long-term tenants and they would love to stay. Each unit has three bedrooms, 2 baths, and a two-car garage. The real highlights of these units lie in their potential rental incomes once they are refurbished. Both units need updating. SOLD-AS-IS, WHERE-IS. Bring your imagination. 5-minute drive to the beach and is close to shopping centers and schools. DO NOT DISTURB THE TENANTS. BUYER TO TAKE OVER BOTH TENANTS AT THE CLOSE OF ESCROW.
Last Agent to Sell the Property
Re/Max Top Producers Brokerage Phone: 562-822-9229 License #02076450 Listed on: 05/10/2024
Co-Listed By
Re/Max Top Producers Brokerage Phone: 562-822-9229 License #02062473
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,988
Year Built
- Built in 1948
Lot Details
- 6,086 Sq Ft Lot
- No Common Walls
- Corner Lot
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Parking Available
Home Design
- Duplex
- Slab Foundation
Interior Spaces
- 2,310 Sq Ft Home
- 1-Story Property
- Tile Flooring
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 7267011006
- $558 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
- Poly High Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2024
Closed on
Aug 5, 2024
Sold by
Chiem-Ngoy Sophia and Chiem-Ngoy Kevin
Bought by
Chum Richard Leng
Seller's Agent
Sotheary Sar
Re/Max Top Producers
Buyer's Agent
David Saim
California Financial & RE Ctr
List Price
$700,000
Sold Price
$785,000
Premium/Discount to List
$85,000
12.14%
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,219
Avg. Annual Appreciation
4.28%
Original Mortgage
$628,000
Outstanding Balance
$622,010
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$196,209
Purchase Details
Closed on
Aug 9, 2021
Sold by
Ngoy Sophia C and Chiem Ngoy Sophia
Bought by
Chiem Ngoy Sophia and Chiem Ngoy Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2010
Sold by
Ngoy Rithy
Bought by
Ngoy Sophia C
Purchase Details
Closed on
Apr 24, 2003
Sold by
Ruiz Enrique J
Bought by
Ngoy Rithy and Ngoy Sophia C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
5.71%
Purchase Details
Closed on
Apr 11, 2002
Sold by
Diaz Jose M
Bought by
Ruiz Enrique J
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
7.18%
Purchase Details
Closed on
Dec 19, 2001
Sold by
Diaz Rebecca
Bought by
Diaz Jose M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.84%
Purchase Details
Closed on
Dec 12, 2001
Sold by
Bank Of America National Trust & Svgs As
Bought by
Ruiz Enrique J and Diaz Jose M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.84%
Purchase Details
Closed on
Jul 17, 2001
Sold by
Minahan Thomas S and Minahan Barbara A
Bought by
Bank Of America National Tr & Svgs Assn
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $785,000 | Lawyers Title Company | |
| Grant Deed | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $326,000 | First American Title Co | |
| Grant Deed | $183,000 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Grant Deed | $106,500 | -- | |
| Trustee Deed | $101,150 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $628,000 | New Conventional | |
| Previous Owner | $239,000 | New Conventional | |
| Previous Owner | $191,750 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $244,500 | No Value Available | |
| Previous Owner | $24,000 | Unknown | |
| Previous Owner | $183,000 | No Value Available | |
| Previous Owner | $114,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2024 08/12/24 | Sold | $785,000 | +12.1% | $340 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 07/05/2024 07/05/24 | For Sale | $700,000 | 0.0% | $303 / Sq Ft |
| 06/04/2024 06/04/24 | Pending | -- | -- | -- |
| 05/10/2024 05/10/24 | For Sale | $700,000 | -- | $303 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,988 | $785,000 | $485,000 | $300,000 |
| 2024 | $8,988 | $678,796 | $399,214 | $279,582 |
| 2023 | $8,839 | $665,487 | $391,387 | $274,100 |
| 2022 | $5,835 | $444,904 | $207,438 | $237,466 |
| 2021 | $5,712 | $436,181 | $203,371 | $232,810 |
| 2020 | $5,697 | $431,709 | $201,286 | $230,423 |
| 2019 | $5,632 | $423,245 | $197,340 | $225,905 |
| 2018 | $5,393 | $414,947 | $193,471 | $221,476 |
| 2016 | $4,953 | $398,836 | $185,959 | $212,877 |
| 2015 | $4,757 | $392,846 | $183,166 | $209,680 |
| 2014 | $4,731 | $385,152 | $179,579 | $205,573 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Sotheary Sar
RE/MAX
(562) 822-9229
1 in this area
62 Total Sales
-
S
Seller Co-Listing Agent in 2024
Sophinarath Cheang Ok
RE/MAX
(562) 810-9090
1 in this area
80 Total Sales
-
D
Buyer's Agent in 2024
David Saim
California Financial & RE Ctr
(562) 522-3245
1 in this area
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS24091637
APN: 7267-011-006
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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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