NOT LISTED FOR SALE

Estimated Value: $858,379 - $1,073,000

5 Beds
3 Baths
2,010 Sq Ft
$473/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $1,050,000 $522 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,007/month

32 Days on Market

Highlights

  • Second Garage
  • Property is near public transit
  • Granite Countertops
  • Open Floorplan
  • Traditional Architecture
  • No HOA

About This Home

As of March 2024

TWO UNITS, Great opportunity for first time buyers and long term investors! Excellent front and backyard, both homes have a very secluded yet open feel, conveniently located in a high desirable area of North Long Beach, within a short walking distance to schools, parks and shopping. Quick transportation and easy access to 710-105-91 freeways. MOVE IN READY.
Property Features: Front house is 3 BED+2BA recently renovated, kitchen granite countertop, modern kitchen cabinets, fire place in living room, laminate floors, laundry area in garage, inviting front and back porch with seating area, private wide and long drive way. two car garage and storage room, blocked fenced in, perfect property for family events, ample storage room behind garage. You will be proud to own this property
Second unit is a 2BED-1BA, recently renovated, french doors that lead to a private back yard, beautiful lemon tree, two car garage. private and safe kids play ground area.
PLEASE DO NOT DISTURB OCCUPANTS. Please call for a private showing

Last Agent to Sell the Property

Jorge Enciso

Century 21 Allstars Brokerage Phone: 213-880-5656 License #01116452 Listed on: 02/09/2024

Century 21 Allstars

Last Buyer's Agent

Don Sutton

Sync Brokerage License #01335611

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,078

Year Built

  • Built in 1946

Lot Details

  • 9,244 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence

Parking

  • 4 Car Garage
  • 10 Open Parking Spaces
  • Second Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • French Doors
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • <<microwave>>
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Outdoor Storage
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 7 / 23
  • Assessor Parcel Number 7101031002
  • $584 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • Trash Expense $2,600
  • Operating Expense $4,600
  • Gross Income $12,000
  • Net Operating Income $73,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,078

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 487500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7101031002
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Crown Molding, Formica Counters, Granite Counters, Open Floorplan
  • Stories: 1
  • Entry Location: FD
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 522.39
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Second Garage, Storage
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 14.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater, Microwave, Water Heater
  • Heating Type: Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Trash Expense: 2600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 9244.00
  • Lot Size Acres: 0.2122

Multi Family

  • Garage Income: 12000.00
  • Gross Income: 12000.00
  • Gross Operating Income: 78410.00
  • Gross Scheduled Income: 79200.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 9244.0000 Square Feet
  • Net Operating Income: 73660.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4750.00
  • Operating Expense Percent: 3.00
  • Rent Control: Yes
  • Total Expenses: 4600.00
  • Vacancy Allowance: 790
  • Vacancy Allowance Rate: 1.00

Tax Info

  • Tax Block: 23
  • Tax Census Tract: 5702.02
  • Tax Lot: 7
  • TaxOtherAnnualAssessmentAmount: 584.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Feb 21, 2024
Sold by
Calderon Edith
Bought by
Thlang Kim and Touch Sreymoch
Seller's Agent
Jorge Enciso
Century 21 Allstars
Buyer's Agent
Don Sutton
Sync Brokerage
List Price
$975,000
Sold Price
$1,050,000
Premium/Discount to List
$75,000
7.69%
Views
120
Current Estimated Value
$950,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,405
Avg. Annual Appreciation
-5.54%
Original Mortgage
$500,000
Outstanding Balance
$494,077
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$479,213

Purchase Details

Closed on
Apr 29, 2010
Sold by
Hernandez Juan
Bought by
Calderon Edith

Purchase Details

Closed on
Jul 14, 2006
Sold by
Calderon Maria
Bought by
Hernandez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 12, 2006
Sold by
Valenzuela Juan M
Bought by
Calderon Edith and Hernandez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 7, 2003
Sold by
Sanchez Ramon and Sanchez Sandy
Bought by
Valenzuela Juan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,920
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Sanchez Ramon and Sanchez Sandy
Bought by
Sanchez Ramon and Sanchez Sandy

Purchase Details

Closed on
Aug 21, 2002
Sold by
Sanchez Francisco
Bought by
Sanchez Ramon and Sanchez Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,007
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2000
Sold by
Family Trust Taylor Melvin And Dorothy Trs Ta
Bought by
Sanchez Ramon and Sanchez Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,528
Interest Rate
8.22%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Thlang Kim $1,050,000 Stewart Title
Calderon Edith -- None Available
Hernandez Juan -- Southland Title Corporation
Calderon Edith $705,000 Southland Title Corporation
Valenzuela Juan M $400,000 Fidelity
Sanchez Ramon -- --
Sanchez Ramon -- Fidelity Title
Sanchez Ramon $180,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thlang Kim $500,000
Previous Owner Hernandez Juan $141,000
Previous Owner Calderon Edith $564,000
Previous Owner Valenzuela Juan M $376,214
Previous Owner Valenzuela Juan M $320,000
Previous Owner Valenzuela Juan M $319,920
Previous Owner Sanchez Ramon $217,007
Previous Owner Sanchez Ramon $185,745
Previous Owner Sanchez Ramon $178,528
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $1,050,000 +7.7% $522 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/09/2024 02/09/24 For Sale $975,000 -- $485 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $9,078 $684,468 $486,563 $197,905
2023 $8,934 $671,048 $477,023 $194,025
2022 $8,400 $657,891 $467,670 $190,221
2021 $8,240 $644,992 $458,500 $186,492
2020 $8,218 $638,379 $453,799 $184,580
2019 $8,123 $625,862 $444,901 $180,961
2018 $7,793 $613,591 $436,178 $177,413
2016 $7,165 $589,767 $419,242 $170,525
2015 $6,875 $580,909 $412,945 $167,964
2014 $6,828 $569,530 $404,856 $164,674
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24029051

California Regional Multiple Listing Service (CRMLS)

APN: 7101-031-002