J
Seller's Agent in 2018
Jeff Perkins
Agent 1 Real Estate Inc.
(714) 654-1368
4 Total Sales
1078 Freeman Ave Long Beach, CA 90804
Rose Park NeighborhoodEstimated Value: $826,000 - $1,220,000
5
Beds
4
Baths
2,113
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- No Units Above
- Fireplace in Primary Bedroom
- Wood Flooring
- Woodrow Wilson High School Rated A
- Property is near park
- Lawn
About This Home
As of May 2018Excellent Investment Opportunity!!! These 3 Units on a large lot conveniently located between the Historic Rose Park and Zaferia District are all currently occupied by long term tenants. The 6,500 square foot lot extends to the accessible alley. The back unit, 1082 Freeman is a 3 bed 2 bath unit that has both a front covered porch and a lot width backyard capable of being enclosed for your furry family members if you choose to owner occupy. The front two units, 1078 and 1080 are both 1 bed 1bath and share just one common wall. There is a storage unit that is attached to the front units that would be ideal for a community laundry room due to the existing laundry facility connections. The roof on both the front and back buildings are newer. Buyer to verify with seller of exact age. A long driveway leads to 2 covered carport parking spaces. Overall the exterior of the property is well maintained and has curb appeal. All units are individually metered for gas and electric. All units have there own water heater. The property is right across the street from an elementary school and just a short walking distance to several parks, authentic restaurants, bars and convenience stores. Conveniently located just minutes away from CSULB, LBCC, 405 Freeway, P.C.H. and the ocean, you or your tenants will never feel the burden of a long commute.
Last Agent to Sell the Property
Agent 1 Real Estate Inc. License #01266857 Listed on: 12/18/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 6,500 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Wood Fence
- Rectangular Lot
- Lawn
- Back and Front Yard
Home Design
- Triplex
- Fixer Upper
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,113 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
- Laundry Room
Kitchen
- Gas Range
- Disposal
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 1 Open Parking Space
- 3 Parking Spaces
- 2 Carport Spaces
- Parking Available
Outdoor Features
- Fireplace in Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near park
- Suburban Location
Utilities
- Wall Furnace
- Gas Water Heater
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 576903
- Assessor Parcel Number 7258004002
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,020
- Maintenance Expense $300
- Supplies Expense $221
- Trash Expense $300
- Water Sewer Expense $1,020
- New Taxes Expense $7,139
- Operating Expense $10,000
- Net Operating Income $26,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 4, 2020
Sold by
Torres Zenaida P and Torres Danilo G
Bought by
Torres Jennifer P and Tran Dustin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$528,781
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$505,624
Purchase Details
Closed on
Jan 19, 2018
Sold by
Barrios Virginia
Bought by
Torres Zenaida P and Torres Danilo G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2008
Sold by
Stuhlbarg Emily and Teresa H Barrios Trust
Bought by
Barrios Giberto and Barrios Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2005
Sold by
Barrios Gilberto H and Teresa H Barrios Trust
Bought by
Barrios Teresa H and Teresa H Barrios Trust
Purchase Details
Closed on
Apr 2, 2004
Sold by
Barrios Gilberto H
Bought by
Barrios Gilberto H and Teresa H Barrios Trust
Purchase Details
Closed on
Mar 23, 2004
Sold by
Barrios Gilberto H and Teresa H Barrios Trust
Bought by
Barrios Gilberto H
Purchase Details
Closed on
Sep 30, 1994
Sold by
Barrios Teresa H
Bought by
Barrios Teresa H and The Teresa H Barrios Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Torres Jennifer P | -- | Provident Title Company | |
| Torres Zenaida P | $670,000 | Fidelity National Title Comp | |
| Barrios Giberto | -- | First American Title | |
| Barrios Teresa H | -- | -- | |
| Barrios Gilberto H | -- | -- | |
| Barrios Gilberto H | -- | Orange Coast Title | |
| Barrios Gilberto H | -- | Orange Coast Title | |
| Barrios Teresa H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Torres Jennifer P | $595,000 | |
| Previous Owner | Torres Zenaida P | $502,500 | |
| Previous Owner | Barrios Giberto | $278,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2018 05/03/18 | Sold | $670,000 | +3.2% | $317 / Sq Ft |
| 02/26/2018 02/26/18 | For Sale | $649,000 | -3.1% | $307 / Sq Ft |
| 01/08/2018 01/08/18 | Pending | -- | -- | -- |
| 01/02/2018 01/02/18 | Off Market | $670,000 | -- | -- |
| 12/18/2017 12/18/17 | For Sale | $649,000 | -- | $307 / 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 | $9,927 | $762,340 | $534,777 | $227,563 |
| 2024 | $9,927 | $747,393 | $524,292 | $223,101 |
| 2023 | $9,759 | $732,739 | $514,012 | $218,727 |
| 2022 | $9,166 | $718,373 | $503,934 | $214,439 |
| 2021 | $8,980 | $704,288 | $494,053 | $210,235 |
| 2020 | $8,957 | $697,068 | $488,988 | $208,080 |
| 2019 | $8,853 | $683,400 | $479,400 | $204,000 |
| 2018 | $1,536 | $86,390 | $27,766 | $58,624 |
| 2016 | $1,412 | $83,038 | $26,689 | $56,349 |
| 2015 | $1,366 | $81,792 | $26,289 | $55,503 |
| 2014 | $1,377 | $80,191 | $25,775 | $54,416 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Perkins
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17275783
APN: 7258-004-002
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.
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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