Seller's Agent in 2018
henry vega
Enrique Henry Vega Jr. Broker
(323) 833-6466
51 Total Sales
103 W 51st St Long Beach, CA 90805
Sutter NeighborhoodEstimated Value: $805,746 - $970,000
4
Beds
2
Baths
1,618
Sq Ft
$535/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Laundry Room
- Turnkey
- Living Room
- Tile Flooring
- Vinyl Fence
About This Home
As of June 2018Attention all investors and smart buyers! Here's an excellent opportunity to obtain income property with this well cared for Spanish duplex in a quiet Long Beach neighborhood. Stable tenants are paying about 10% under market so there is room for potential upside. This Multi-Family is located in the Sutter neighborhood in Long Beach, with easy access to the 710 freeway. this beautiful duplex has 4 beds, 2 baths, approximately 1,618 square feet and was built in 1930. Spanish architecture and recently painted exterior with new custom vinyl fence and gates. Both units have upgraded kitchens with granite counter-tops. Other upgrades include hardwood laminate flooring in one unit, recently replaced water heaters. Both units have upgraded bathrooms. Long term tenants, great investment opportunity that will not last.
Last Agent to Sell the Property
Enrique Henry Vega Jr. Broker License #01765081 Listed on: 05/18/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930 | Remodeled
Lot Details
- 4,936 Sq Ft Lot
- No Common Walls
- Vinyl Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Spanish Architecture
- Turnkey
- Raised Foundation
- Tile Roof
- Stucco
Interior Spaces
- 1,618 Sq Ft Home
- Living Room
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Mirrored Closets Doors
- 2 Bathrooms
Additional Features
- Exterior Lighting
- Suburban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 6420
- Assessor Parcel Number 7132020025
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $1,500
- Trash Expense $500
- Water Sewer Expense $2,000
- New Taxes Expense $6,737
- Operating Expense $11,337
- Gross Income $35,700
- Net Operating Income $24,363
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2024
Sold by
Heng Ngim
Bought by
Yi And Heng Family Trust and Heng
Current Estimated Value
Purchase Details
Listed on
May 18, 2018
Closed on
Jun 5, 2018
Sold by
Yi Heng
Bought by
Heng Ngim
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
Annette Froste-Gauchet
Arch Pacific Realty
List Price
$539,000
Sold Price
$600,000
Premium/Discount to List
$61,000
11.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Purchase Details
Listed on
May 18, 2018
Closed on
May 31, 2018
Sold by
Dugan Bradley J and Heidegger Scott T
Bought by
Heng Ngim
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
Annette Froste-Gauchet
Arch Pacific Realty
List Price
$539,000
Sold Price
$600,000
Premium/Discount to List
$61,000
11.32%
Purchase Details
Closed on
Mar 19, 2015
Sold by
Dugan Bradley J
Bought by
Dugan Heidegger Trust
Purchase Details
Closed on
Apr 7, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Dugan Bradley J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,900
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 4, 2007
Sold by
Raya Mario
Bought by
Deutsche Bank National Trust Co and Gsamp Trust 2006-Fm1
Purchase Details
Closed on
Jan 26, 2006
Sold by
Raya Sofia R
Bought by
Raya Mario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Dec 22, 2005
Sold by
Vanderlee Vivien
Bought by
Raya Mario
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.16%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Aug 18, 2005
Sold by
Vanderlee Vivien
Bought by
Vanderlee Vivien
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
7.12%
Mortgage Type
New Conventional
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yi And Heng Family Trust | -- | None Listed On Document | |
| Heng Ngim | -- | Lawyers Title Company | |
| Heng Ngim | $600,000 | Lawyers Title | |
| Dugan Heidegger Trust | -- | None Available | |
| Dugan Bradley J | $360,000 | First American Title Company | |
| Deutsche Bank National Trust Co | $478,614 | Accommodation | |
| Raya Mario | -- | Southland Title Corporation | |
| Raya Mario | $550,000 | Southland Title Corporation | |
| Vanderlee Vivien | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dugan Bradley J | $287,900 | |
| Previous Owner | Raya Mario | $110,000 | |
| Previous Owner | Raya Mario | $440,000 | |
| Previous Owner | Vanderlee Vivien | $337,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2018 06/08/18 | Sold | $600,000 | +11.3% | $371 / Sq Ft |
| 05/18/2018 05/18/18 | For Sale | $539,000 | -- | $333 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $8,779 | $682,692 | $398,238 | $284,454 |
| 2024 | $8,779 | $669,307 | $390,430 | $278,877 |
| 2023 | $8,632 | $656,184 | $382,775 | $273,409 |
| 2022 | $8,104 | $643,319 | $375,270 | $268,049 |
| 2021 | $7,944 | $630,706 | $367,912 | $262,794 |
| 2019 | $7,831 | $612,000 | $357,000 | $255,000 |
| 2018 | $5,367 | $415,463 | $346,318 | $69,145 |
| 2016 | $4,938 | $399,332 | $332,871 | $66,461 |
| 2015 | $4,648 | $385,000 | $320,000 | $65,000 |
| 2014 | $4,140 | $335,000 | $280,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
henry vega
-
Annette Froste-Gauchet
Buyer's Agent in 2018
Annette Froste-Gauchet
Arch Pacific Realty
(323) 899-1487
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB18117849
APN: 7132-020-025
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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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