NOT LISTED FOR SALE

1048 E Market St Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $1,167,000 - $1,364,000

6 Beds
5 Baths
3,736 Sq Ft
$339/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $656,500 $176 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,614/month

15 Days on Market

About This Home

As of March 2015

4-unit complex in the North Long Beach neighborhood. Features a 2-story design with 2 units on each floor and attached 3 car garage. Per public records one unit has 3 bedrooms with 2 bathrooms and other 3 units have 1 bedroom with 1 bathroom. All units are occupied by long term tenants. Located on a corner lot across from the local middle school and within close proximity to the I-710 and CA-91 highways.

Last Agent to Sell the Property

Lino Ponce

Lino Ponce License #01790366 Listed on: 01/15/2015

Last Buyer's Agent

Arcie Pragale

License #01918710

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,492

Year Built

  • Built in 1955

Lot Details

  • 6,468 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 3,736 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Community Details

  • 4 Units

Listing and Financial Details

  • The owner pays for electricity, gardener, gas, water
  • Assessor Parcel Number 7130-031-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,492

Year Built

Built in 1955

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3736
  • Year Built: 1955
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dryer, Washer
  • Price Per S Q F T: 181.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Garage - 3 Car, Garage Is Attached
  • Total Parking: 3

Utilities

  • Heating: Wall
  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Sewer: In Connected and Paid
  • Water: District
  • Water Heaters: Yes

Schools

  • School District: Long Beach Unified

Lot Info

  • Assessor Parcel Number: 7130-031-001
  • Geocode Override: No
  • Lot Location: Alley Access, Corner Lot
  • Lot Size Area: 6468

Rental Info

  • Lease Per Month Year: Month
  • Owner Pays: Electricity, Gardener, Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: attached
  • Vacancy Rate: 0

MLS Schools

  • School District: Long Beach Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 16, 2015
Sold by
The Bank Of New York Mellon
Bought by
Quirarte Oscar and Quirarte Judith
Seller's Agent
Lino Ponce
Lino Ponce
Buyer's Agent
Arcie Pragale
List Price
$676,600
Sold Price
$656,500
Premium/Discount to List
-$20,100
-2.97%
Current Estimated Value
$1,265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,500
Avg. Annual Appreciation
5.24%
Original Mortgage
$339,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2014
Sold by
Kao Vansaron
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 23, 2004
Sold by
Chung Margaret and Lim Tony Huy
Bought by
Kao Vansaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1998
Sold by
Family Trust Eberhardt Charles W Tr Eberhardt
Bought by
Lim Tony Huy

Purchase Details

Closed on
Mar 3, 1994
Sold by
Eberhardt Charles W
Bought by
Eberhardt Charles W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quirarte Oscar $656,500 Ticor Title
The Bank Of New York Mellon $556,961 First American Title Ins Co
Kao Vansaron $610,000 Chicago Title Co
Lim Tony Huy $210,000 Equity Title
Eberhardt Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quirarte Oscar $315,000
Closed Quirarte Oscar $333,000
Closed Quirarte Oscar $339,500
Previous Owner Kao Vansaron $525,000
Previous Owner Kao Vansaron $488,000
Previous Owner Lim Tony Huy $300,000
Previous Owner Lim Tony Huy $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2015 03/19/15 Sold $656,500 -3.0% $176 / Sq Ft
01/30/2015 01/30/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $676,600 -- $181 / Sq Ft
Source: The MLS

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 $10,492 $789,006 $264,403 $524,603
2024 $10,492 $773,536 $259,219 $514,317
2023 $10,313 $758,370 $254,137 $504,233
2022 $9,693 $743,501 $249,154 $494,347
2021 $9,484 $728,923 $244,269 $484,654
2019 $9,348 $707,305 $237,025 $470,280
2018 $9,074 $693,437 $232,378 $461,059
2016 $8,339 $666,511 $223,355 $443,156
2015 $6,700 $540,000 $200,000 $340,000
2014 $8,536 $693,619 $341,124 $352,495
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lino Ponce

    Lino Ponce

    Section Image

  • A

    Buyer's Agent in 2015

    Arcie Pragale

See All Agents

Map

Source: The MLS

MLS Number: 15-822325

The MLS

APN: 7130-031-001

California Los Angeles County Long Beach 90805 Lindbergh

1048 E Market St, Long Beach, CA

This home is located at 1048 E Market St, Long Beach, CA 90805 since 15 January 2015 and is currently estimated at $1,265,000, approximately $338 per square foot. This property was built in 1955. 1048 E Market St is a home located in Los Angeles County with nearby schools including Barton Elementary School, Lindbergh STEM Academy, and Jordan High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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