Brandie Jones
Keller Williams SELA
(562) 512-6708
49 Total Sales
1 in Sutter
$57,035 Price
103 W 51st St Long Beach, CA 90805
Sutter NeighborhoodEstimated Value: $811,000 - $902,000
4
Beds
2
Baths
1,618
Sq Ft
$520/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Tile Flooring
- Vinyl Fence
- Living Room
- Turnkey
- Wall Furnace
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
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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 in unit
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
Amenities
- Laundry Facilities
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sutter, CA
-
Brandie Jones
-
Guy Miracle
Guy Miracle
Sotheby's International Realty
(323) 894-9002
35 Total Sales
1 in Sutter
$640,000 Price
-
Shelly Eshelman
Shelly Eshelman
Shelly Eshelman Realty, Inc.
(855) 770-4381
88 Total Sales
1 in Sutter
$62,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
170 Total Sales
1 in Sutter
$950,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
122 Total Sales
2 in Sutter
$760,000 Price Range
-
John Binder
John Binder
ReMax Tiffany Real Estate
(424) 381-0619
92 Total Sales
1 in Sutter
$955,000 Price
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 |
|---|---|---|---|---|
| 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
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 | $9,195 | $696,345 | $406,202 | $290,143 |
| 2025 | $9,195 | $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
Seller's Agent in 2018
henry vega
Enrique Henry Vega Jr. Broker
(323) 833-6466
60 Total Sales
-
Annette Froste-Gauchet
Buyer's Agent in 2018
Annette Froste-Gauchet
Arch Pacific Realty
(323) 899-1487
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB18117849
APN: 7132-020-025
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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