NOT LISTED FOR SALE

Estimated Value: $699,000 - $770,849

2 Beds
2 Baths
1,320 Sq Ft
$556/Sq Ft Est. Value

Last Sold December 26, 2024

Last sale price $750,000 $568 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,123/month

3 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Bungalow
  • Long Beach Polytechnic High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Craftsman Village Park

About This Home

As of December 2024

Totally Rehab, new stucco, new paint, laminated floors, new granite counter tops, new kitchen cabinets, totally remodeled bathroom. Very convenient location, located in the heart of Long Beach, With proximity to downtown, the coast and major transportation routes . With one unit currently vacant , live in one unit and rent the other unit.

Last Agent to Sell the Property

Esdras Zaldana

Popular Funding & Real Estate Brokerage Phone: 310-625-2397 License #01731791 Listed on: 10/25/2024

Last Buyer's Agent

Esdras Zaldana

Popular Funding & Real Estate Brokerage Phone: 310-625-2397 License #01731791 Listed on: 10/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 3,149 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Bungalow
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,320 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Fire and Smoke Detector
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 90
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267008039
  • $411 per year additional tax assessments
  • Seller Considering Concessions

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
  • Electric Expense $2,160
  • Fuel Expense $600
  • Insurance Expense $3,500
  • Trash Expense $1,020
  • Water Sewer Expense $1,800
  • Operating Expense $9,080
  • Gross Income $32,000
  • Net Operating Income $26,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,220

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 360000
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: unknown
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7267008039
  • Year Built: 1924
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Entry Location: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: No
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 568.18

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 1020.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3149.00
  • Lot Size Acres: 0.0723

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 2160.00
  • Fuel Expense: 600.00
  • Gross Income: 32000.00
  • Gross Scheduled Income: 32000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 3149.0000 Square Feet
  • Net Operating Income: 26200.00
  • 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: 5800.00
  • Rent Control: No
  • Total Expenses: 9080.00

Tax Info

  • Tax Census Tract: 5764.02
  • Tax Lot: 90
  • Tax Tract Number: 5764
  • TaxOtherAnnualAssessmentAmount: 411.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 7, 2024
Sold by
Jmp Investments Inc
Bought by
Lopez Vanessa J
Seller's Agent
Esdras Zaldana
Popular Funding & Real Estate
Buyer's Agent
Esdras Zaldana
Popular Funding & Real Estate
List Price
$720,000
Sold Price
$750,000
Premium/Discount to List
$30,000
4.17%
Views
6
Current Estimated Value
$734,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,538
Avg. Annual Appreciation
-1.47%
Original Mortgage
$736,415
Interest Rate
6.79%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2024
Sold by
Bear Flag Homes Llc
Bought by
Jmp Investment Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 1, 2024
Sold by
Dennis Neal Rosen Family Trust and Rosen Dennis Neal
Bought by
Bear Flag Domes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 11, 2021
Sold by
Rosen Dennis N
Bought by
Rosen Dennis Neal
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
Lopez Vanessa J $750,000 California Best Title
Lopez Vanessa J $750,000 California Best Title
Jmp Investment Company Llc $540,000 Lawyers Title Company
Bear Flag Domes Llc $490,000 Lawyers Title
Rosen Dennis Neal -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Vanessa J $736,415
Previous Owner Jmp Investment Company Llc $432,000
Previous Owner Rosen Dennis N $185,000
Previous Owner Rosen Dennis N $154,500
Previous Owner Rosen Dennis N $100,000
Previous Owner Rosen Dennis N $75,000
Previous Owner Rosen Dennis N $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2024 12/26/24 Sold $750,000 +4.2% $568 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $720,000 -- $545 / 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 $1,220 $750,000 $500,000 $250,000
2024 $1,220 $64,337 $36,831 $27,506
2023 $1,196 $63,076 $36,109 $26,967
2022 $1,134 $61,840 $35,401 $26,439
2021 $1,100 $60,628 $34,707 $25,921
2020 $1,097 $60,008 $34,352 $25,656
2019 $1,085 $58,832 $33,679 $25,153
2018 $1,009 $57,679 $33,019 $24,660
2016 $2,775 $55,441 $31,738 $23,703
2015 $18,835 $54,609 $31,262 $23,347
2014 $903 $53,540 $30,650 $22,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24221621

California Regional Multiple Listing Service (CRMLS)

APN: 7267-008-039