NOT LISTED FOR SALE

1049 Martin Luther King jr Ave Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $1,241,713 - $1,395,000

8 Beds
4 Baths
3,792 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $870,000 $229 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,240/month

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Garden

About This Home

As of August 2018

MLS ENTRY ONLY

Last Agent to Sell the Property

Suhaila Sabir

Excellence RE Real Estate License #01422989 Listed on: 07/30/2018

Last Buyer's Agent

Suhaila Sabir

Excellence RE Real Estate License #01422989 Listed on: 07/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,746

Year Built

  • Built in 1990

Lot Details

  • 6,540 Sq Ft Lot
  • No Common Walls
  • Garden

Home Design

  • 3,792 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Private Water Source

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 7274
  • Assessor Parcel Number 7274010027

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,746

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7274010027
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 229.43

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 6540.00

Multi Family

  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5763.02
  • Tax Lot: 20
  • Tax Tract Number: 7274-0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2023
Sold by
Ning Amy L and Ning Linda Lim
Bought by
Amy L Ning And Linda Lim Ning Revocable Livin and Ning
Current Estimated Value
$1,327,678

Purchase Details

Listed on
Jul 30, 2018
Closed on
Jul 6, 2018
Sold by
Lam Che H
Bought by
Ning Amy L and Ning Linda Lim
Seller's Agent
Suhaila Sabir
Excellence RE Real Estate
Buyer's Agent
Suhaila Sabir
Excellence RE Real Estate
List Price
$870,000
Sold Price
$870,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Lim Henry C
Bought by
Lam Che H and Sun Thai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2001
Sold by
Demonteiro Chinnavuth
Bought by
Lim Henry C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
7.09%
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
Amy L Ning And Linda Lim Ning Revocable Livin -- None Listed On Document
Ning Amy L $870,000 Pacific Coast Title Company
Lam Che H $450,004 --
Lim Henry C $300,000 Benefit Land Title Company
Demonteiro Chinnavuth -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lam Che H $268,000
Previous Owner Lam Che H $270,000
Previous Owner Lim Henry C $394,767
Previous Owner Lim Henry C $417,000
Previous Owner Lim Henry C $288,000
Previous Owner Lim Henry C $273,000
Previous Owner Lim Henry C $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $870,000 0.0% $229 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $870,000 -- $229 / 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 $12,746 $970,495 $680,463 $290,032
2024 $12,746 $951,467 $667,121 $284,346
2023 $12,531 $932,812 $654,041 $278,771
2022 $11,773 $914,522 $641,217 $273,305
2021 $11,527 $896,592 $628,645 $267,947
2019 $11,363 $870,000 $610,000 $260,000
2018 $6,622 $489,882 $339,369 $150,513
2016 $6,081 $470,861 $326,192 $144,669
2015 $5,793 $458,990 $321,293 $137,697
2014 $5,770 $450,000 $315,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • Suhaila Sabir

    Seller's Agent in 2018

    Suhaila Sabir

    Excellence RE Real Estate

    (323) 350-4561

    87 Total Sales

    Suhaila Sabir
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18183944

California Regional Multiple Listing Service (CRMLS)

APN: 7274-010-027

California Los Angeles County Long Beach 90813 Saint Mary's

1049 Martin Luther King jr Ave, Long Beach, CA

This home is located at 1049 Martin Luther King jr Ave, Long Beach, CA 90813 since 30 July 2018 and is currently estimated at $1,327,678, approximately $350 per square foot. This property was built in 1990. 1049 Martin Luther King jr Ave is a home located in Los Angeles County with nearby schools including Oropeza Elementary, Franklin Middle School, and Long Beach Polytechnic High School.

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California Regional Multiple Listing Service (CRMLS) 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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