NOT LISTED FOR SALE

1050 E South St Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $733,000 - $924,000

3 Beds
3 Baths
1,560 Sq Ft
$547/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $545,000 $349 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,292/month

10 Days on Market

Highlights

  • Neighborhood Views
  • Turnkey
  • 1-Story Property
  • Masonry wall
  • Wall Furnace

About This Home

As of October 2017

WE PROUD TO PRESENT THIS BREAD AND BUTTER LOW MAINTENANCE TRIPLEX IN NORTH LONG BEACH. THE PROPERTY CONSISTS OF 3 UNITS (SINGLE STORY) ALL ONE BEDROOM ONE BATH. SOME UNITS HAVE BEEN RENOVATED, NEW EXTERIOR PAINT, NEWER ROOF WITH ONSITE PARKING.

Last Agent to Sell the Property

Jesse Rubalcava

J. Rubalcava & Associates License #01215036 Listed on: 08/04/2017

Last Buyer's Agent

Jesse Rubalcava

J. Rubalcava & Associates License #01215036 Listed on: 08/04/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,150

Year Built

  • Built in 1959

Lot Details

  • 3,882 Sq Ft Lot
  • 1 Common Wall
  • Masonry wall
  • Brick Fence
  • Fence is in excellent condition
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Turnkey
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 6230
  • Assessor Parcel Number 7127001018

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,468
  • Operating Expense $8,268
  • Gross Income $42,900
  • Net Operating Income $34,632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,150

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LBCNR
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7127001018
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 349.36
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick, Excellent Condition, Masonry
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3882.00

Multi Family

  • Gross Income: 42900.00
  • Gross Scheduled Income: 42900.00
  • Insurance Expense: 500.00
  • Net Operating Income: 34632.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 8268.00
  • Rent Control: No
  • Total Expenses: 8268.00

Tax Info

  • New Taxes Expense: 6468.00
  • Tax Census Tract: 5706.01
  • Tax Lot: 2
  • Tax Tract Number: 6230

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2023
Sold by
Coakley Mackenzie N E
Bought by
Coakley Steven P
Total Days on Market
10
Current Estimated Value
$853,213

Purchase Details

Listed on
Aug 4, 2017
Closed on
Aug 15, 2017
Sold by
Solis Manuel Antonio Chacon
Bought by
Coakley Steven and Coakley Mackenzie
Seller's Agent
Jesse Rubalcava
J. Rubalcava & Associates
Buyer's Agent
Jesse Rubalcava
J. Rubalcava & Associates
Sold Price
$545,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$408,750
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 20, 2017
Closed on
Mar 16, 2017
Sold by
Coyne Anthony J
Bought by
Solis Manuel Antonio Chacon
Seller's Agent
Donald Brabant
Brabant Realty & Management
Buyer's Agent
Mark Bores
Berkshire Hathaway Home Srvs
List Price
$465,000
Sold Price
$457,500
Premium/Discount to List
-$7,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.29%
Original Mortgage
$343,125
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2012
Sold by
Coyne Lisa L
Bought by
Coyne Anthony J and Coyne Lisa L

Purchase Details

Closed on
Jan 24, 2006
Sold by
Gladieux Keith
Bought by
Grundfor Warren P and The Grundfor Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.2%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Coakley Steven P -- --
Coakley Steven $545,000 Stewart Title
Solis Manuel Antonio Chacon $462,500 Fatcola
Solis Manuel Antonio Chacon -- First American Title Co La
Coyne Lisa L -- First American Title Co La
Coyne Anthony J -- None Available
Coyne Lisa L -- None Available
Grundfor Warren P $440,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coakley Steven $399,000
Previous Owner Coakley Steven $408,750
Previous Owner Solis Manuel Antonio Chacon $343,125
Previous Owner Grundfor Warren P $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2017 10/02/17 Sold $545,000 +19.1% $349 / Sq Ft
08/14/2017 08/14/17 Pending -- -- --
04/18/2017 04/18/17 Sold $457,500 -1.6% $293 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $465,000 -- $298 / 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 $8,150 $620,111 $278,764 $341,347
2024 $8,150 $607,953 $273,299 $334,654
2023 $8,010 $596,034 $267,941 $328,093
2022 $7,524 $584,348 $262,688 $321,660
2021 $7,371 $572,891 $257,538 $315,353
2019 $7,267 $556,140 $249,900 $306,240
2018 $7,029 $545,240 $245,000 $300,240
2016 $5,271 $420,000 $160,000 $260,000
2015 $4,628 $375,000 $145,000 $230,000
2014 $4,293 $340,000 $130,000 $210,000
Source: Public Records

Agents Affiliated with this Home

  • Donald Brabant

    Seller's Agent in 2017

    Donald Brabant

    Brabant Realty & Management

    (562) 760-5156

    18 Total Sales

    Donald Brabant
    Section Image

  • J

    Seller's Agent in 2017

    Jesse Rubalcava

    J. Rubalcava & Associates

    (562) 278-5380

    6 Total Sales

    Jesse Rubalcava
    Section Image

  • M

    Buyer's Agent in 2017

    Mark Bores

    Berkshire Hathaway Home Srvs

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17179521

California Regional Multiple Listing Service (CRMLS)

APN: 7127-001-018

California Los Angeles County Long Beach 90805 Lindbergh

1050 E South St, Long Beach, CA

This home is located at 1050 E South St, Long Beach, CA 90805 since 04 August 2017 and is currently estimated at $853,213, approximately $546 per square foot. This property was built in 1959. 1050 E South St is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Lindbergh STEM Academy, and Jordan High School.

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.

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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