NOT LISTED FOR SALE

Estimated Value: $696,000 - $967,982

4 Beds
3 Baths
1,706 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $675,000 $396 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,138/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard
  • Long Beach Polytechnic High School Rated A
  • Wall Furnace
  • 4-minute walk to Craftsman Village Park

About This Home

As of October 2018

FIRST TIME ON THE MARKET IN 20 YEARS! SPARKLING CLEAN TRIPLEX WITH COPPER PLUMBING, UPGRADED ELECTRICAL, BAMBOO FLOORING IN LIVING ROOMS & STUDIO, CERAMIC TILE COUNTER TOPS AND CERAMIC TILE FLOORING IN BATHROOMS AND KITCHENS, RECENTLY INSTALLED WINDOW SCREENS ON ALL WINDOWS, TWO NEWLY INSTALLED WATER HEATERS IN LAUNDRY ROOM & TWO ADDITIONAL WATER HEATERS INSTALLED APPROXIMATELY IN 2015, SINGLE CAR ATTACHED GARAGE AS WELL AS SEPARATE LAUNDRY ROOM FOR TENANTS.
THESE UNITS HAVE LOTS OF POTENTIAL....AND CAN BE A GREAT FIRST TIME BUYER OPPORTUNITY TO LIVE IN ONE UNIT AND RENT THE OTHERS TO HELP PAY THE MORTGAGE...GREAT WAY TO BEGIN YOUR INVESTMENT PORTFOLIO!
The mix is as follows: Unit 1 downstairs: 2/1, Unit 2 upstairs front: 2/1, upstairs back: Studio/kitchen/bath

Last Agent to Sell the Property

Roseann Oesterreich

Coldwell Banker Envision License #00892803 Listed on: 09/11/2018

Coldwell Banker Envision

Last Buyer's Agent

Jane Garzona

Keller Williams Realty License #01939641

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 3,992 Sq Ft Lot
  • Two or More Common Walls
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,706 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Tax Tract Number 2
  • Assessor Parcel Number 7267007022

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,800
  • Water Sewer Expense $298
  • New Taxes Expense $8,125
  • Operating Expense $3,098

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

3,992 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 298.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7267007022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 395.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 3992.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 731 Square Feet
  • Average Studio Area: 340 Square Feet
  • Insurance Expense: 2800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 3098.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 5764.02
  • Tax Lot: 11
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Lintvedt Jon and Lintvedt Sherry Lin
Bought by
1060 Norman Llc
Current Estimated Value
$833,246

Purchase Details

Listed on
Sep 11, 2018
Closed on
Oct 23, 2018
Sold by
Lintvedt Jon
Bought by
Lintvedt Sherry
Seller's Agent
Roseann Oesterreich
Coldwell Banker Envision
Buyer's Agent
Jane Garzona
Keller Williams Realty
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$275,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2018
Closed on
Sep 19, 2018
Sold by
Felsoory Erika Magdalena and Michael Nord Revocable Trust
Bought by
Lintvedt Sherry
Seller's Agent
Roseann Oesterreich
Coldwell Banker Envision
Buyer's Agent
Jane Garzona
Keller Williams Realty
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2018
Sold by
Nord Michael Lee
Bought by
Nord Michael and Michael Nord Revocable Trust

Purchase Details

Closed on
Jan 16, 2014
Sold by
Nord Michael Lee
Bought by
Nord Michael Lee
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
1060 Norman Llc -- None Listed On Document
Lintvedt Sherry -- Orange Coast Title Company
Lintvedt Sherry $675,000 Orange Coast Title Company
Nord Michael -- None Available
Nord Michael Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lintvedt Sherry $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $675,000 +3.8% $396 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/11/2018 09/11/18 For Sale $650,000 -- $381 / 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 $9,729 $752,971 $524,292 $228,679
2024 $9,729 $738,208 $514,012 $224,196
2023 $9,563 $723,734 $503,934 $219,800
2022 $8,977 $709,544 $494,053 $215,491
2021 $8,796 $695,632 $484,366 $211,266
2020 $8,774 $688,500 $479,400 $209,100
2019 $8,671 $675,000 $470,000 $205,000
2018 $966 $42,300 $19,802 $22,498
2016 $889 $40,659 $19,034 $21,625
2015 $864 $40,050 $18,749 $21,301
2014 $3,888 $39,266 $18,382 $20,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18221977

California Regional Multiple Listing Service (CRMLS)

APN: 7267-007-022

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