NOT LISTED FOR SALE
6 Beds
2 Baths
1,854 Sq Ft
5,208 Sq Ft Lot

Last Sold August 28, 2014

Last sale price $352,000 $190 Per Sq Ft

43 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wood Fence
  • Long Beach Polytechnic High School Rated A
  • Bungalow
  • 5-minute walk to Douglas Macarthur Park

About This Home

As of August 2014

***DOWNTOWN AREA TWO SFR'S ON ONE LOT*** IDEAL for both INVESTOR and OWNER-OCCUPANT to live in one and rent out the other! The buildings are comprised: 1034 Hoffman (front): 4 bedrooms / 1 bathroom featuring living room entrance with wood floorswood burning fireplace and 3 bedrooms in a row adjacent to the living room. There is a combination living/dining area that leads into the kitchen with tile floors and counter tops, double stainless steel sink and a vent hood. There is a 4th bedroom adjacent to the kitchen. Off the kitchen is a hallway with a full bathroom (combo tub/shower) and the hallway leads to a den or bonus room with a closet (could be 5th bedroom?) and a glass slider door opening to a concrete patio and a brick patio on the side (off the driveway) to a separate laundry room which encloses the water heater & electric meter. There is no heating source in this unit except for the fireplace. The rear unit: 1501 E Sunshine: includes a concrete driveway (may be encroached upon by neighbor's parked cars) to fenced yard with storage shed, living room entrance with gas wall furnace and a BONUS ROOM (could have originally been a 1-car garage) wit separate doors to a concrete patio. Two bedrooms share a 3/4 bath. Inside laundry room at hallway.

Last Agent to Sell the Property

Laura Roman

Boardwalk Properties License #00458210 Listed on: 06/12/2014

Last Buyer's Agent

Mike Grosso

HomeSmart Professionals License #01266125

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 5,208 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Level Lot

Home Design

  • Bungalow
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,854 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Heating Available

Listing and Financial Details

  • Tax Lot 16+
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267010009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,786
  • Net Operating Income $23,190

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7267010009
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 189.86

Exterior Features

  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5208.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Income: 2786.00
  • Gross Scheduled Income: 33432.00
  • Lot Size Area: 5208.0000 Square Feet
  • Net Operating Income: 23190.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8570.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Lot: 16+
  • Tax Tract Number: 5764

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $352,000 -4.3% $190 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $368,000 -- $198 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14123438

California Regional Multiple Listing Service (CRMLS)