NOT LISTED FOR SALE

Estimated Value: $1,098,000 - $2,515,000

3 Beds
2 Baths
2,263 Sq Ft
$768/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $395,000 $175 Per Sq Ft

Est. 340% increase in value since last sale

Current estimated payment $9,899/month

27 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • 4-minute walk to Rose Park
  • Woodrow Wilson High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of March 2012

REDUCED! Three charming bungalows on a large lot in the Rose Park area of Long Beach with no shared walls. Front unit has two bedrooms, one bath and rear units are two one bedroom, one baths. Each unit has many original features including hardwood floors, built-in hutches and buffets. The two rear units have gas fireplaces with built in desks and bookshelves. The outdoor areas include a grassy front yard, and private yards for each unit, a long driveway with a two car garage in the rear of the property. Current owner has maintained the property well and upgraded electrical recently. Standard sale.

Last Agent to Sell the Property

Aaron Borja

HomeSmart, Evergreen Realty License #01757122 Listed on: 12/14/2011

HomeSmart, Evergreen Realty

Last Buyer's Agent

Cynthia Metzger

Seaquest Ventures Realty License #00606813

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,576

Year Built

  • Built in 1923

Lot Details

  • 6,751 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Spanish Architecture
  • Plaster

Interior Spaces

  • 2,263 Sq Ft Home
  • Fireplace With Gas Starter
  • Washer

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7258002019

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $3
  • Electric Expense $3
  • Trash Expense $1
  • Water Sewer Expense $1
  • Gross Income $2,928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,576

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 1.00
  • Architectural Style: Craftsman, Spanish
  • Property Type: Residential Income
  • Parcel Number: 7258002019
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Appliances: No
  • Fireplace Features: Gas Starter
  • Levels: One
  • Price Per Square Foot: 174.55

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Plaster

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Included
  • Trash Expense: 1.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Multi Family

  • Cable TV Expense: 3.00
  • Electric Expense: 3.00
  • Gross Income: 2928.00
  • Gross Multiplier: 11.24
  • Gross Scheduled Income: 35136.00
  • Lot Size Area: 6751.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Patio: 1
  • Number With Refrigerator: 3

Tax Info

  • Tax Area: 5500
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Zarate Robert Hernandez and Marquez Marielena Zarate
Bought by
Zarate-Marquez Family Revocable Trust and Zarate
Current Estimated Value
$1,738,452

Purchase Details

Closed on
Nov 12, 2019
Sold by
Zarate Robert Hernandez and Marquez Maria Elena Marquez
Bought by
Zarate Robert Hernandez and Marquez Maria Elena Marquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,700
Interest Rate
3.65%
Mortgage Type
VA

Purchase Details

Closed on
Aug 7, 2018
Sold by
Zarate Robert Hernandez
Bought by
Zarate Robert Hernandez and Marquez Maria Elana Marquez

Purchase Details

Closed on
Jan 6, 2017
Sold by
Esp Gakuen
Bought by
Campus Hollywood Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
4.13%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 30, 2014
Sold by
Flores Patty
Bought by
Esp Gakuen

Purchase Details

Closed on
May 28, 2013
Sold by
Verdier Family Trust
Bought by
Verdier Abel

Purchase Details

Closed on
May 24, 2013
Sold by
Verdier Abel
Bought by
Flores Patty and 1533 North Mccadden Place Los Angeles Ca

Purchase Details

Listed on
Dec 14, 2011
Closed on
Mar 23, 2012
Sold by
Marquez Maria Elena
Bought by
Zarate Robert Hernandez
Seller's Agent
Aaron Borja
HomeSmart, Evergreen Realty
Buyer's Agent
Cynthia Metzger
Seaquest Ventures Realty
List Price
$435,000
Sold Price
$395,000
Premium/Discount to List
-$40,000
-9.2%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Solomont Michael M
Bought by
Zarate Robert Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,850
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Oct 22, 2003
Sold by
Solomont Michael and Solomont Virginia
Bought by
Solomont Michael M and Solomont Virginia F

Purchase Details

Closed on
Jul 8, 2002
Sold by
Verdier Paul and Verdier Sonia
Bought by
Verdier Paul and Verdier Sonia

Purchase Details

Closed on
Aug 20, 2001
Sold by
First Magnus Financial Corp Inc
Bought by
Solomont Michael and Solomont Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 16, 2001
Sold by
Daud Moshin
Bought by
First Magnus Financial Corp Inc

Purchase Details

Closed on
Apr 2, 1999
Sold by
Bridgeford Trust Bridgeford Dale E And Norma
Bought by
Niki Narlita Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
10.12%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Niki Narlita Holdings Inc
Bought by
Daud Mohsin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
10.12%
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
Zarate-Marquez Family Revocable Trust -- None Listed On Document
Zarate Robert Hernandez -- None Listed On Document
Zarate Robert Hernandez -- Ticor Title Company Of Ca
Zarate Robert Hernandez -- None Available
Campus Hollywood Inc $1,375,000 None Available
Esp Gakuen $1,375,000 Stewart Title
Flores Patty $80,000 Fidelity National Title Co
Zarate Robert Hernandez -- Orange Coast Title Company O
Zarate Robert Hernandez $390,000 Orange Coast Title Company O
Solomont Michael M -- --
Verdier Paul -- --
Verdier Paul -- --
Solomont Michael $210,000 American Title
First Magnus Financial Corp Inc $155,000 Stewart Title
Niki Narlita Holdings Inc $176,000 Equity Title Company
Daud Mohsin $280,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarate Robert Hernandez $504,000
Previous Owner Zarate Robert Hernandez $437,700
Previous Owner Campus Hollywood Inc $1,375,000
Previous Owner Zarate Robert Hernandez $402,850
Previous Owner Solomont Michael $193,000
Previous Owner Solomont Michael $190,000
Previous Owner Solomont Michael $85,000
Previous Owner Daud Mohsin $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2012 03/30/12 Sold $395,000 -9.2% $175 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $435,000 -- $192 / 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 $4,576 $489,848 $376,811 $113,037
2024 $4,576 $480,244 $369,423 $110,821
2023 $4,563 $470,829 $362,180 $108,649
2022 $4,396 $461,598 $355,079 $106,519
2021 $4,341 $452,548 $348,117 $104,431
2020 $4,312 $447,909 $344,548 $103,361
2019 $5,962 $439,128 $337,793 $101,335
2018 $4,078 $430,519 $331,170 $99,349
2016 $5,166 $413,803 $318,311 $95,492
2015 $4,964 $407,588 $313,530 $94,058
2014 $4,940 $399,605 $307,389 $92,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P806041

California Regional Multiple Listing Service (CRMLS)

APN: 7258-002-019