NOT LISTED FOR SALE

Estimated Value: $1,011,000 - $1,238,000

6 Beds
4.5 Baths
2,674 Sq Ft
$410/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $980,000 $366 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,917/month

14 Days on Market

Highlights

  • Balcony
  • Bathtub with Shower
  • Concrete Flooring
  • Long Beach Polytechnic High School Rated A
  • Ceiling Fan
  • Auto Driveway Gate

About This Home

As of March 2023

Multi-Family with 4 Dwelling Units, it's a Perfect Investment Property. This property has a total of 6 bedrooms and 4.5 bathrooms. Unit:1 contains 2 bedrooms and 1.5 bathrooms, unit 2: 2 bedrooms and 1 bathroom, unit 3: 1 bedroom and 1 bathroom, and lastly, unit 4:1 bedroom and 1 bathroom. This four-plex, property has a one car garage, laundry unit and storage space. There's access to the alley that leads to the back of the complex which has additional parking, with plenty of space. This property is in prime location, within walking distance of shopping centers, restaurants, two elementary schools, a high school, 3-minute/0.7-mile drive from Long Beach City College, 13-minute/3.9 miles drive from Long Beach City Beaches. "Sale is subject to court confirmation and overbidding" then ready to close. Submit your best offer. Don't miss out on this amazing opportunity.

Last Agent to Sell the Property

Kizzy McGlothin

Berkshire Hathaway HomeServices California Properties License #01940342 Listed on: 01/27/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Chris Crosby

Buckingham Investments, Inc License #02116879

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 6,500

Home Design

  • Cosmetic Repairs Needed
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,674 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry Located Outside

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4.5 Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 4 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Additional Features

  • Balcony
  • 6,500 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7210-023-031

Property Details

Home Type

Multi-Family

Year Built

Built in 1955 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2674
  • Lot Acreage: 0.1492
  • Property Condition: Updated/Remodeled, Repair Cosmetic
  • Stories: 2
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Cement
  • Appliances: Oven-Gas
  • Bedrooms: 6
  • Bathroom Features: Shower and Tub
  • Laundry: Outside
  • Total Bathrooms: 4.50
  • Equipment: Ceiling Fan, Garbage Disposal
  • Price Per S Q F T: 373.60

Exterior Features

  • Construction: Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Driveway Gate, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System

Lot Info

  • Assessed Improvement Percent: 52.45
  • Assessed Improvement Value: 284005
  • Assessed Land Percent: 47.55
  • Assessed Land Value: 257493
  • Total Assessed Value: 541498
  • Assessor Parcel Number: 7210-023-031
  • Lot Size Area: 6500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 101880.00
  • Number Of Units: 4
  • Type Of Units: Multi-Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Younes Basil and Mbayed Joseph Fadi
Bought by
Younes Basil
Current Estimated Value
$1,109,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2016
Sold by
Taylor Donnetta
Bought by
White Nathaniel

Purchase Details

Closed on
Dec 17, 2014
Sold by
White Lb and The L B White Revocable Trust
Bought by
Taylor Donnetta and White Nathaniel

Purchase Details

Closed on
Sep 19, 2011
Sold by
White L B
Bought by
White L B and L B White Revocable Trust

Purchase Details

Closed on
Jan 16, 2007
Sold by
White L B
Bought by
White L B and Taylor Wendy

Purchase Details

Closed on
Feb 2, 2006
Sold by
White L B and The White Family Trust
Bought by
White L B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2003
Sold by
White L B and White Claudia Delores
Bought by
White L B and White Claudia Delores
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Younes Basil -- Ticor Title
Younes Basil -- Ticor Title
White Nathaniel -- None Available
Taylor Donnetta -- Gateway Title Company
White L B -- None Available
White L B -- Gateway Title Company
White L B -- Gtc
White L B -- --
White L B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Younes Basil $780,000
Previous Owner White L B $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $980,000 -1.9% $366 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $999,000 -- $374 / Sq Ft
Source: The MLS

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 $13,265 $1,085,796 $667,322 $418,474
2024 $13,265 $999,600 $622,200 $377,400
2023 $7,718 $552,327 $262,642 $289,685
2022 $7,260 $541,498 $257,493 $284,005
2021 $7,103 $530,882 $252,445 $278,437
2019 $7,002 $515,137 $244,958 $270,179
2018 $6,740 $505,037 $240,155 $264,882
2016 $6,319 $495,560 $233,010 $262,550
2015 $6,073 $488,117 $229,510 $258,607
2014 $3,096 $218,987 $109,740 $109,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-236735

The MLS

APN: 7210-023-031