NOT LISTED FOR SALE

1061 E Market St Unit 2 Long Beach, CA 90805

Lindbergh Neighborhood

Estimated Value: $755,000 - $1,071,000

3 Beds
3 Baths
1,779 Sq Ft
$496/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2023

Last sale price $667,500 $375 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,631 / mo

80 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Spanish Architecture
  • Central Heating and Cooling System
  • Wood Flooring
  • Neighborhood Views

About This Home

As of April 2023

Opportunity!!! Opportunity!!! Just reduced the Price. This is an excellent value for this 3-bedroom, 2-bath home and this property has an extra unit as a bonus. The home has a double car garage and the apartment unit is above the garage. Please show and see all the potential in this great property. The apartment over the garage is a fixer. There is a workshop area behind the house. Please call listing agent for further details on this property. The duplex is zone CNR.

Last Agent to Sell the Property

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 01/06/2023

Last Buyer's Agent

Marc Habib

Buckingham Investments, Inc License #02207264

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 4,081 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Private Parking
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Spanish Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,779 Sq Ft Home
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 16 / 6
  • Tax Tract Number 6230
  • Assessor Parcel Number 7127015033

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $13,200
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

4,081 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Zoning: LBCNR
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7127015033
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Accessibility Features: See Remarks
  • Appliances: Yes
  • Price Per Square Foot: 375.21
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Flat, Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage - Single Door, Private
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4081.00
  • Lot Size Acres: 0.0937

Multi Family

  • Gross Income: 13200.00
  • Gross Scheduled Income: 13200.00
  • Lot Size Area: 4081.0000 Square Feet
  • Net Operating Income: 13200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Rent Control: Yes

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5706.01
  • Tax Lot: 16
  • Tax Tract Number: 6230

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Mar 31, 2023
Sold by
Mark And Florence Bornstein Family Trust
Bought by
Seller's Agent
Kristie Pabst
Pabst, Kinney & Associates
Buyer's Agent
Marc Habib
Buckingham Investments, Inc
List Price
$699,500
Sold Price
$667,500
Premium/Discount to List
-$32,000
-4.57%
Views
660
Current Estimated Value
$881,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,373
Avg. Annual Appreciation
8.67%
Original Mortgage
$500,625
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2019
Sold by
Bornstein Mark O and Bornstein Florence I
Bought by
Bornstein Florence I and Bornstein Mark O

Purchase Details

Closed on
Aug 17, 2011
Sold by
Bornstein Mark Owen and Bornstein Florence Ileen
Bought by
Bornstein Mark Owen and Bornstein Florence Ileen

Purchase Details

Closed on
Jan 21, 1999
Sold by
Bornstein Mark O
Bought by
Bornstein Mark O and Bornstein Florence
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lindbergh, CA

See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$667,500 Fidelity National Title
Bornstein Florence I -- None Available
Bornstein Mark O -- None Available
Bornstein Mark Owen -- None Available
Bornstein Mark O -- Chicago Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $600,000
Closed Eskander Peter $500,625
Previous Owner Bornstein Mark O $113,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $667,500 -1.1% $375 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $675,000 -3.5% $379 / Sq Ft
01/06/2023 01/06/23 For Sale $699,500 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,461 $708,355 $318,362 $389,993
2025 $9,461 $694,467 $312,120 $382,347
2024 $9,051 $680,850 $306,000 $374,850
2023 $3,490 $242,298 $106,853 $135,445
2022 $3,287 $237,548 $104,758 $132,790
2021 $3,212 $232,891 $102,704 $130,187
2020 $3,203 $230,504 $101,651 $128,853
2019 $3,167 $225,985 $99,658 $126,327
2018 $3,018 $221,554 $97,704 $123,850
2016 $2,771 $212,953 $93,911 $119,042
2015 $2,665 $209,755 $92,501 $117,254
2014 $2,657 $205,648 $90,690 $114,958
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23000762

California Regional Multiple Listing Service (CRMLS)

APN: 7127-015-033

Your Personal Tour Guide

Ask me questions while you tour the home.