NOT LISTED FOR SALE

1106 Gardenia Ave Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $930,000 - $1,139,981

5 Beds
3 Baths
1,892 Sq Ft
$538/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $590,000 $312 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,275/month

1 Day on Market

Highlights

  • Gated with Attendant
  • No Units Above
  • Contemporary Architecture
  • Long Beach Polytechnic High School Rated A
  • Fireplace in Bathroom
  • No HOA

About This Home

As of June 2016

The property consists of 3 separate units, 1106, 1108, and 1108 1/2. It features with 2 beds and 1 bath, 2 beds and 1 bath and 1 bed and 1 bath with many parking spaces and 2 car garages. It locates nearby the market and bus transportation. The condition of the property is excellent very well maintaining by owner who has been living there for about 30 years. Buyer can live one and rent others two units to help with mortgage.

Last Agent to Sell the Property

Jim Chhun

First American Team Realty Inc License #01359353 Listed on: 05/05/2016

Last Buyer's Agent

Jim Chhun

First American Team Realty Inc License #01359353 Listed on: 05/05/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,201

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 6,494 Sq Ft Lot
  • Property fronts an alley
  • No Units Above
  • 1 Common Wall
  • Fence is in fair condition

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,892 Sq Ft Home
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Awning
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Panel Doors
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Outbuilding

Utilities

  • Cooling System Powered By Gas
  • Floor Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 23
  • Tax Tract Number 5764
  • Assessor Parcel Number 7261031024

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $32,895

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,201

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Gated with Guard, Smoke Detector(s)
  • View: No
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7261031024
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Bath, Dining Room, Electric, Gas, Kitchen, Living Room
  • Price Per Square Foot: 311.84
  • Room Type: Formal Entry
  • Window Features: Blinds, Drapes, Screens

Exterior Features

  • Foundation: Slab, Raised
  • Other Structures: Outbuilding
  • Exterior Features: Awning(s)
  • Fencing: Fair Condition
  • Pool Private: No
  • Roof: Clay, Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Laundry Features: In Kitchen, Inside
  • Water Source: Public
  • Cooling: Electric, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6494.00
  • Price Per Lot Square Foot: 90.85

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 38700.00
  • Net Operating Income: 32895.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5805.00
  • Rent Control: No

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 5764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Seng Richard Reaksar
Bought by
Seng Richard R and The Richard Reaksar Seng Livin
Current Estimated Value
$1,018,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,750
Outstanding Balance
$434,197
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$612,044

Purchase Details

Closed on
Mar 19, 2018
Sold by
Seng Richard R
Bought by
Seng Richard R and Richard Reaksar Seng Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2017
Sold by
Seng Richard R
Bought by
Seng Richard R and Richard Reaksar Seng Living Tr

Purchase Details

Listed on
May 5, 2016
Closed on
May 13, 2016
Sold by
Kau Sophanny
Bought by
Seng Richard R
Seller's Agent
Jim Chhun
First American Team Realty Inc
Buyer's Agent
Jim Chhun
First American Team Realty Inc
List Price
$589,500
Sold Price
$590,000
Premium/Discount to List
$500
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$413,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2002
Sold by
Nhim Chiev Leng and Nhim Yasimach
Bought by
Kau Sophanny
Source: Public Records

Range of Values:

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Average Value
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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
Seng Richard R -- Western Resources Title
Seng Richard Reaksar -- Western Resources Title
Seng Richard R -- Corinthian Title Co
Seng Richard R -- Corinthian Title Co
Seng Richard R -- None Available
Seng Richard R $590,000 Ticor Title Company
Kau Sophanny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seng Richard Reaksar $494,750
Closed Seng Richard R $472,500
Closed Seng Richard R $420,000
Closed Seng Richard R $413,000
Previous Owner Kau Sophanny $227,500
Previous Owner Kau Sophanny $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2016 06/13/16 Sold $590,000 +0.1% $312 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $589,500 -- $312 / 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
2025 $9,201 $698,433 $473,516 $224,917
2024 $9,201 $684,739 $464,232 $220,507
2023 $9,046 $671,314 $455,130 $216,184
2022 $8,490 $658,152 $446,206 $211,946
2021 $8,319 $645,248 $437,457 $207,791
2020 $8,297 $638,633 $432,972 $205,661
2019 $8,201 $626,112 $424,483 $201,629
2018 $7,895 $613,836 $416,160 $197,676
2016 $3,610 $280,773 $121,044 $159,729
2015 $3,472 $276,556 $119,226 $157,330
2014 $3,462 $271,140 $116,891 $154,249
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Chhun

    First American Team Realty Inc

    (562) 818-0837

    1 in this area

    12 Total Sales

    Jim Chhun
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16098148

California Regional Multiple Listing Service (CRMLS)

APN: 7261-031-024

California Los Angeles County Long Beach 90813 Cambodia Town

1106 Gardenia Ave, Long Beach, CA

This home is located at 1106 Gardenia Ave, Long Beach, CA 90813 since 05 May 2016 and is currently estimated at $1,018,745, approximately $538 per square foot. This property was built in 1929. 1106 Gardenia Ave is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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

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