Kelly Conley
eXp Realty of California Inc
(562) 362-4213
15 Total Sales
2 in Saint Mary's
$620K - $661K Price Range
1109 Alamitos Ave Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $1,160,324
5
Beds
3
Baths
2,175
Sq Ft
$533/Sq Ft
Est. Value
Highlights
- Gated Parking
- Landscaped
- Laundry Facilities
- Long Beach Polytechnic High School Rated A
- 6 Car Garage
- Back Yard
About This Home
As of February 2019Amazing and Newly Remodeled Triplex for sale in downtown Long Beach with a potential cap rate of more than 6% at the moment and with unimaginable upside potential with all the new city plans going on in Downtown and it's just a few blocks to the beach, convention center and grand prix racing track on the main street that leads to all of that. Watch the value grow year after year and with no rent control.
This property consists of a beautiful single family home in front and a duplex on top of a 6 car garage in the back with a very large lot and beautiful landscaping. Owner remodeled almost every inch of the property with a cost of more than 120k. Property extends from the main street to the alley and is gated from both ends with a long driveway that fits more cars in addition to all the garages. Front Home is a 3bed/2bath and back units each are 2 bed/1 bath which totals 7beds/4baths. Each unit has a spacious 2 car garage which is hard to find in downtown. Units have separate gas and electric meters and it's maintenance proof with a drip system.
Schedule a showing today as this amazing property will not last.
Last Agent to Sell the Property
Keller Williams Realty License #01936799 Listed on: 01/28/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 2006
Lot Details
- 6,244 Sq Ft Lot
- No Common Walls
- Landscaped
- Back Yard
Parking
- 6 Car Garage
- Parking Available
- Gated Parking
Home Design
- Triplex
Interior Spaces
- 2,175 Sq Ft Home
- 2-Story Property
- Electric Dryer Hookup
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 6500
- Assessor Parcel Number 7274007029
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Water Sewer Expense $3,000
- New Taxes Expense $11,000
- Operating Expense $15,000
- Gross Income $58,080
- Net Operating Income $58,080
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
Jan 28, 2019
Closed on
Feb 13, 2019
Sold by
Baiz Realestate Investments Llc
Bought by
Seller's Agent
Mike Baiz
Keller Williams Realty
Buyer's Agent
Monica Masuda
Monica Masuda, Realtor
List Price
$900,000
Sold Price
$900,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,324
Avg. Annual Appreciation
3.41%
Original Mortgage
$675,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2018
Sold by
Baiz Michael and Baiz Tamam Issa
Bought by
Baiz Realestate Investments Llc
Purchase Details
Closed on
Aug 23, 2018
Sold by
Tassar Hassan
Bought by
Baiz Tamam Issa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2018
Sold by
Bell James and Bell Annette
Bought by
Baiz Michael and Baiz Taman Issa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Saint Mary's, CA
-
Kelly Conley
-
Edward Ong
Edward Ong
Responds QuicklyCorpen Real Estate Group
(669) 200-0582
82 Total Sales
1 in Saint Mary's
$775,000 Price
-
Aldon Lai
Aldon Lai
High Ten Partners, Inc.
(626) 618-9134
16 Total Sales
1 in Saint Mary's
$4,900,000 Price
-
Oliver Darwich
Oliver Darwich
Compass
(747) 998-0783
37 Total Sales
1 in Saint Mary's
$467,500 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
120 Total Sales
1 in Saint Mary's
$370,000 Price
-
Leah Dilbeck
Leah Dilbeck
Engel & Völkers La Canada
(626) 414-5224
19 Total Sales
1 in Saint Mary's
$650,000 Price
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 |
|---|---|---|---|
| $900,000 | Lawyers Title | ||
| Baiz Realestate Investments Llc | -- | Accommodation | |
| Baiz Tamam Issa | -- | Fidelity National Title Comp | |
| Baiz Michael | $590,000 | Fidelity National Title Comp |
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 | $660,000 | ||
| Closed | Easton Mark C | $675,000 | |
| Previous Owner | Baiz Michael | $442,500 | |
| Previous Owner | Bell James H | $135,000 | |
| Previous Owner | Bell James | $540,000 | |
| Previous Owner | Bell James | $29,350 | |
| Previous Owner | Bell James | $17,650 |
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 |
|---|---|---|---|---|
| 02/22/2019 02/22/19 | Sold | $900,000 | 0.0% | $414 / Sq Ft |
| 01/28/2019 01/28/19 | For Sale | $900,000 | -- | $414 / 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 |
|---|---|---|---|---|
| 2026 | $13,502 | $1,024,038 | $665,626 | $358,412 |
| 2025 | $13,502 | $1,003,960 | $652,575 | $351,385 |
| 2024 | $12,929 | $984,276 | $639,780 | $344,496 |
| 2023 | $12,713 | $964,978 | $627,236 | $337,742 |
| 2022 | $11,937 | $946,058 | $614,938 | $331,120 |
| 2021 | $11,702 | $927,509 | $602,881 | $324,628 |
| 2020 | $11,672 | $918,000 | $596,700 | $321,300 |
| 2019 | $7,785 | $590,000 | $410,000 | $180,000 |
| 2018 | $2,652 | $185,368 | $18,504 | $166,864 |
| 2016 | $2,434 | $178,173 | $17,787 | $160,386 |
| 2015 | $2,345 | $175,497 | $17,520 | $157,977 |
| 2014 | $2,345 | $172,060 | $17,177 | $154,883 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Baiz
Seller's Agent in 2019
Mike Baiz
Keller Williams Realty
(949) 616-5093
13 Total Sales
-
Monica Masuda
MM
Buyer's Agent in 2019
Monica Masuda
Monica Masuda, Realtor
(310) 739-6599
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19020580
APN: 7274-007-029
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.
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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