NOT LISTED FOR SALE

1054 E Salt Lake St Unit 4 Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $1,269,000 - $1,355,101

12 Beds
8 Baths
4,424 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $659,000 $149 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $7,937/month

90 Days on Market

Highlights

  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Partially Fenced Property

About This Home

As of February 2016

Have you been wanting to expand your Real Estate empire? Look no further than 1054 E Salt Lake Street, an expansive fourplex seeking its next owner. Featuring four large townhome styled units, each with three large bedrooms and a private rear fenced yard, this could be just the bricks and mortar investment with which to diversify! Each of the units contains separate gas and electric meters and there is a large paved parking pad to the rear. Located close to area parks, shopping, and Signal Hill, this fourplex has many amenities nearby. Bring your paint brush and business acumen, with just a bit of sweat equity this large fourplex could become the crown jewel of your investment portfolio!

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 01/28/2016

eXp Realty of California Inc

Last Buyer's Agent

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 01/28/2016

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,499 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Partially Fenced Property
  • Wood Fence
  • Density is up to 1 Unit/Acre

Home Design

  • 4,424 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Uncovered Parking

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5733
  • Assessor Parcel Number 7210023010

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

6,499 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7210023010
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 148.96

Exterior Features

  • Fencing: Partial, Wood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site, Uncovered
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6499.00
  • Price Per Lot Square Foot: 101.40
  • Lot Size Acres: 0.1490

Multi Family

  • Lot Size Area: 6499.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 18
  • Tax Tract Number: 5733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2016
Sold by
Doan Mui
Bought by
Burgess Dustin and Le Phuong
Current Estimated Value
$1,314,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,325
Outstanding Balance
$612,939
Interest Rate
3.64%
Mortgage Type
VA
Estimated Equity
$701,336

Purchase Details

Listed on
Jan 28, 2016
Closed on
Feb 8, 2016
Sold by
Deutsche Bank National Trust Company
Bought by
Doan Mui
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Jeff Anderson
eXp Realty of California Inc
List Price
$690,100
Sold Price
$659,000
Premium/Discount to List
-$31,100
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Oct 2, 2015
Sold by
Canlas Teodora M
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Dec 28, 2010
Sold by
Canlas Teodora M
Bought by
The Tmc Revocable Living Trust

Purchase Details

Closed on
May 27, 2004
Sold by
Ganem Robert and Ganem Nancy
Bought by
Canlas Teodora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,650
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2002
Sold by
Ganem Robert and Ganem Nancy
Bought by
Ganem Robert

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
6.06%

Purchase Details

Closed on
Dec 6, 2001
Sold by
Gonzalez Heriberto
Bought by
Ganem Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.62%

Purchase Details

Closed on
Feb 13, 1998
Sold by
Gonzalez Samuel and Gonzalez Paula Arroyo
Bought by
Gonzalez Heriberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,336
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1995
Sold by
Lezama Mirella Dominga
Bought by
Gonzalez Samuel

Purchase Details

Closed on
Jun 14, 1995
Sold by
Emc Mtg Corp
Bought by
Lezama Mireya Dominga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.75%

Purchase Details

Closed on
Nov 15, 1994
Sold by
Brassard M G and Emc Mtg Corp
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burgess Dustin $800,000 First American Title Company
Doan Mui $692,000 Title365
Deutsche Bank National Trust Company $851,565 None Available
The Tmc Revocable Living Trust -- None Available
Canlas Teodora M $750,000 Landsafe Title Company
Ganem Robert -- Landsafe Title Company
Ganem Robert $340,000 Fidelity National Title Co
Gonzalez Heriberto $239,000 Benefit Land Title Company
Gonzalez Samuel -- --
Lezama Mireya Dominga $139,000 Continental Lawyers Title Co
Emc Mtg Corp $156,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Dustin $766,325
Previous Owner Canlas Teodora M $636,650
Previous Owner Ganem Robert $270,000
Previous Owner Ganem Robert $272,000
Previous Owner Gonzalez Heriberto $230,336
Previous Owner Lezama Mireya Dominga $111,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $659,000 -4.5% $149 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $690,100 -- $156 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,965 $819,182 $295,947 $523,235
2024 $10,965 $803,121 $290,145 $512,976
2023 $10,780 $787,374 $284,456 $502,918
2022 $10,136 $771,936 $278,879 $493,057
2021 $9,915 $756,801 $273,411 $483,390
2019 $9,775 $734,355 $265,302 $469,053
2018 $9,435 $719,956 $260,100 $459,856
2016 $9,913 $800,000 $300,000 $500,000
2015 $10,442 $869,849 $521,910 $347,939
2014 $10,377 $852,811 $511,687 $341,124
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15239727

California Regional Multiple Listing Service (CRMLS)

APN: 7210-023-010

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