NOT LISTED FOR SALE

1083 E 7th St Long Beach, CA 90813

Hellman Neighborhood

Estimated Value: $929,000 - $1,089,066

1 Bed
1 Bath
2,150 Sq Ft
$468/Sq Ft Est. Value

Sale Details

Date Sold: November 20, 2014

Last sale price $585,000 $272 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,273 / mo

70 Days on Market

About This Home

As of November 2014

* Recent Renovation
* New Exterior Paint
* Individual Water Meters
* On-Site Parking, Washer/Dryer Hookups
* Great Rental Location Near Schools and Employment Opportunities

Last Agent to Sell the Property

Rick Applebaum

Morgan Skenderian License #01273871 Listed on: 09/03/2014

Last Buyer's Agent

Nidya Pineda

Century 21 Jervis & Associates License #01490268

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,007 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 7266005021

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $1,200
  • Maintenance Expense $2,386
  • Other Expense $250
  • Trash Expense $2,000
  • New Taxes Expense $7,033
  • Gross Income $4,100
  • Net Operating Income $34,375

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

4,007 Sq Ft Lot

Listing Details

  • CapRate: 5.80
  • Property Attached: Yes
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7266005021
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 272.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4007.00
  • Lot Size Acres: 0.0920

Multi Family

  • Gross Income: 4100.00
  • Gross Multiplier: 11.97
  • Gross Scheduled Income: 49200.00
  • Gross Spendable Income: 7908.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4007.0000 Square Feet
  • Maintenance Expense: 2386.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 34375.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 13349.00
  • Operating Expense Percent: 27.10
  • Other Expense: 250.00
  • Other Expense Description: Admin
  • Rent Control: No
  • Total Actual Rent: 4100.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7033.00
  • Tax Lot: 18

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
Sep 3, 2014
Closed on
Nov 7, 2014
Sold by
Bought by
Seller's Agent
Rick Applebaum
Morgan Skenderian
Buyer's Agent
Nidya Pineda
Century 21 Jervis & Associates
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Current Estimated Value
$1,005,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$420,267
Avg. Annual Appreciation
4.76%
Original Mortgage
$585,000
Interest Rate
0.041%
Mortgage Type
VA

Purchase Details

Listed on
Aug 6, 2013
Closed on
Mar 24, 2014
Sold by
Bought by
Seller's Agent
Camilo Louck
Re/Max Tiffany Real Estate
Buyer's Agent
Yvonne Dowland
My Realty
List Price
$460,000
Sold Price
$380,000
Premium/Discount to List
-$80,000
-17.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.23%

Purchase Details

Listed on
Aug 6, 2013
Closed on
Mar 11, 2014
Sold by
Bought by
Seller's Agent
Camilo Louck
Re/Max Tiffany Real Estate
Buyer's Agent
Yvonne Dowland
My Realty
List Price
$460,000
Sold Price
$380,000
Premium/Discount to List
-$80,000
-17.39%

Purchase Details

Closed on
May 29, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 1995
Sold by
Bought by
Source: Public Records

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$585,000 Ticor Title Company
-- Old Republic Title Company
$380,000 Old Republic Title Company
-- North American 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 $200,000
Open $505,830
Closed $585,000
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 Prior Sale
11/20/2014 11/20/14 Sold $585,000 -2.5% $272 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $600,000 +57.9% $279 / Sq Ft
04/01/2014 04/01/14 Sold $380,000 -17.4% $177 / Sq Ft View Prior Sale
03/19/2014 03/19/14 Pending -- -- --
08/06/2013 08/06/13 For Sale $460,000 -- $214 / 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
2025 $9,730 $703,071 $492,753 $210,318
2024 $9,311 $689,287 $483,092 $206,195
2023 $9,150 $675,772 $473,620 $202,152
2022 $8,595 $662,523 $464,334 $198,189
2021 $8,415 $649,533 $455,230 $194,303
2019 $8,295 $630,970 $441,729 $189,241
2018 $8,060 $618,613 $433,068 $185,545
2016 $7,420 $593,920 $416,252 $177,668
2015 $7,127 $585,000 $410,000 $175,000
2014 $2,041 $129,532 $44,226 $85,306
Source: Public Records

Agents Affiliated with this Home

  • Rick Applebaum

    Seller's Agent in 2014

    Rick Applebaum

    Morgan Skenderian

    (949) 251-8800

    74 Total Sales

    Rick Applebaum
    Section Image

  • C

    Seller's Agent in 2014

    Camilo Louck

    RE/MAX

    Section Image
  • Nidya Pineda

    Buyer's Agent in 2014

    Nidya Pineda

    Century 21 Jervis & Associates

    (310) 346-8946

    27 Total Sales

    Nidya Pineda
    Section Image

  • Y

    Buyer's Agent in 2014

    Yvonne Dowland

    My Realty

    (562) 431-1234

    39 Total Sales

    Yvonne Dowland
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14189418

California Regional Multiple Listing Service (CRMLS)

APN: 7266-005-021

California Los Angeles County Long Beach 90802 Hellman

1083 E 7th St, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.