NOT LISTED FOR SALE

Estimated Value: $792,000 - $924,000

4 Beds
2 Baths
1,547 Sq Ft
$568/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $540,000 $349 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,439/month

25 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Living Room
  • Long Beach Polytechnic High School Rated A
  • Double Pane Windows
  • 4-minute walk to Rosa Parks Park

About This Home

As of April 2017

2 seperate units. Front home is 2 bedrooms 1 bath with a bonus room. 2nd unit is a 1 bedroom 1 bath perfect for a small family. Lots of parking on property. Long and spacious driveway. Perfect back yard great for entertainment and gatherings. Move in condition! This one will go fast!

Last Agent to Sell the Property

Juan Rivera

Realty Executives All Cities License #01299236 Listed on: 02/22/2017

Realty Executives All Cities

Last Buyer's Agent

Gerardo Munoz

VIP RE Firm License #01806189

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,400

Year Built

  • Built in 1919

Lot Details

  • 6,505 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Family Room
  • Living Room
  • Bonus Room
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 38
  • Assessor Parcel Number 7268023038

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Professional Management Expense $100
  • Trash Expense $180
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,500
  • Operating Expense $6,880
  • Gross Income $2,600
  • Net Operating Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,400

Year Built

Built in 1919

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 100.00
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR3S
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7268023038
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 349.06
  • Room Type: Bonus Room, Family Room, Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Shared Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Trash Expense: 180.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6505.00

Multi Family

  • Electric Expense: 600.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 2600.00
  • Net Operating Income: 2300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Expenses: 6880.00

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Census Tract: 5752.01
  • Tax Lot: 38
  • Tax Tract Number: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2023
Sold by
Alvarez Mayra Elizabeth
Bought by
Mayra Elizabeth Alvarez Revocable Living Trus and Alvarez
Current Estimated Value
$878,349

Purchase Details

Closed on
Jul 25, 2023
Sold by
Alvarez Mayra and Alvarez Jose
Bought by
Alvarez Mayra and Alvarez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,264
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2017
Closed on
Apr 12, 2017
Sold by
Arias Luis Alejandro
Bought by
Alvarez Mayra
Seller's Agent
Juan Rivera
Realty Executives All Cities
Buyer's Agent
Gerardo Munoz
VIP RE Firm
List Price
$515,000
Sold Price
$540,000
Premium/Discount to List
$25,000
4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$432,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2017
Closed on
Mar 22, 2017
Sold by
Esquivias Vidal and Rosales Diana
Bought by
Alvarez Mayra and Alvarez Jose
Seller's Agent
Juan Rivera
Realty Executives All Cities
Buyer's Agent
Gerardo Munoz
VIP RE Firm
List Price
$515,000
Sold Price
$540,000
Premium/Discount to List
$25,000
4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Financial Freedom Group Inc
Bought by
Esquivias Vidal and Rosales Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,121
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 10, 2014
Closed on
Nov 10, 2014
Sold by
Hoodbye Mary Louise
Bought by
Financial Freedom Group Inc
Seller's Agent
Michele Kreinheder
Compass
Buyer's Agent
Michele Kreinheder
Compass
List Price
$239,000
Sold Price
$249,000
Premium/Discount to List
$10,000
4.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.26%
Original Mortgage
$199,200
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Mayra Elizabeth Alvarez Revocable Living Trus -- None Listed On Document
Alvarez Mayra -- Vantage Point Title
Alvarez Mayra -- Old Republic Title Company
Alvarez Mayra $540,000 Old Republic Title Company
Esquivias Vidal $435,000 Lawyers Title
Financial Freedom Group Inc $249,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Mayra $96,264
Previous Owner Alvarez Mayra $432,000
Previous Owner Esquivias Vidal $427,121
Previous Owner Financial Freedom Group Inc $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2017 04/27/17 Sold $540,000 +4.9% $349 / Sq Ft
03/19/2017 03/19/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $515,000 +106.8% $333 / Sq Ft
11/21/2014 11/21/14 Sold $249,000 +4.2% $161 / Sq Ft View Prior Sale
11/05/2014 11/05/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $239,000 -- $154 / 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 $9,400 $734,590 $438,825 $295,765
2024 $9,400 $720,187 $430,221 $289,966
2023 $7,952 $602,378 $278,879 $323,499
2022 $7,467 $590,567 $273,411 $317,156
2021 $7,318 $578,988 $268,050 $310,938
2020 $7,299 $573,052 $265,302 $307,750
2019 $7,214 $561,816 $260,100 $301,716
2018 $6,991 $550,800 $255,000 $295,800
2016 $5,417 $441,633 $203,050 $238,583
2015 $3,109 $249,000 $200,000 $49,000
2014 -- $155,457 $92,941 $62,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17028447

California Regional Multiple Listing Service (CRMLS)

APN: 7268-023-038