Robert Serbin
Re/Max Dynasty
(562) 521-9453
20 Total Sales
1 in Houghton Park
$661,000 Price
1112 E Artesia Blvd Long Beach, CA 90805
Houghton Park Neighborhood
3
Beds
7
Baths
4,201
Sq Ft
7,486
Sq Ft Lot
About This Home
As of June 2017PRIME 6 UNIT INVESTMENT OPPORTUNITY IN LONG BEACH! 1110 E. ARTESIA AND 1112 E ARTESIA IS FOR SALE 2 PARCELS SIDE BY SIDE. THE TOAL SQ. FT FOR BOTH PARCELS IS 4201 SQ FT ON A 7486 LOT. THESE 2 PARCELS MUST BE SOLD TOGETHER AND SHARE A COMMON DRIVEWAY. 5 COMMERCIAL SPACES CURRENTLY ALL TENANT OCCUPIED ON MONTH-MONTH LEASES. EACH COMMERCIAL SPACE HAS 1 BATHROOM INSIDE. 1 SINGLE FAMILY HOUSE IN BACK CONSISTING OF 3 BEDROOM/2BATHROOM COMPLETELY REMODELED WITH WASHER & DRYER INSIDE! PARKING FOR UP TO 8 CARS. 3 HUGE STORAGE SHEDS. ALL SEPARATELY METERED FOR ELECTRIC & GAS. SELLER PAYS WATER ONLY. TONS OF UPSIDE IN RENTS. LONG TERM TENANTS. EXTERIOR OF THE PROPERTY WAS RECENTLY PAINTED. NO DEFERRED MAINTENANCE. PRIDE OF OWNERSHIP. NO RENT CONTROL IN LONG BEACH. SELLER WILL POSSIBLY CARRY THE NOTE.
Last Agent to Sell the Property
The Moore Group License #01926377 Listed on: 02/13/2017
Last Buyer's Agent
General NONMEMBER
NONMEMBER MRML
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 7,486 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Home Design
- 4,201 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 7 Bathrooms
Laundry
- Laundry in unit
Parking
- 8 Parking Spaces
- 8 Carport Spaces
Listing and Financial Details
- Tenant pays for electricity, trash collection
- Tax Lot 3
- Tax Tract Number 7155
- Assessor Parcel Number 7115012003
Community Details
Overview
- 3 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Water Sewer Expense $3,000
- New Taxes Expense $9,392
- Gross Income $63,000
- Net Operating Income $409,650
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
Feb 13, 2017
Closed on
May 31, 2017
Sold by
Bought by
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$869,250
Sold Price
$803,250
Premium/Discount to List
-$66,000
-7.59%
Purchase Details
Closed on
Mar 14, 2017
Sold by
Bought by
Purchase Details
Closed on
Jan 18, 2013
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Houghton Park, CA
-
Robert Serbin
-
Daniel Avendano
Daniel Avendano
Century 21 Allstars
(424) 360-2126
45 Total Sales
2 in Houghton Park
$737,000 Price Range
-
Luke Smith
Luke Smith
Responds QuicklyReal Brokerage Technologies, Inc.
(424) 704-9115
27 Total Sales
1 in Houghton Park
$680,000 Price
-
Ramon Sanchez
Ramon Sanchez
Century 21 Allstars
(562) 684-6070
171 Total Sales
1 in Houghton Park
$475,000 Price
-
Jane Castillo
Jane Castillo
Keller Williams Realty
(424) 283-4769
21 Total Sales
2 in Houghton Park
$830,000 Price Range
-
Dave Smith
Dave Smith
REMAX Professionals
(424) 373-7838
75 Total Sales
2 in Houghton Park
$815,000 Price Range
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 |
|---|---|---|---|
| $803,500 | North American Title Company | ||
| -- | North American Title Company | ||
| -- | North American Title Company | ||
| -- | Accommodation |
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 |
|---|---|---|---|
| Previous Owner | $295,000 |
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 |
|---|---|---|---|---|
| 06/22/2017 06/22/17 | Sold | $803,250 | -5.4% | $191 / Sq Ft |
| 06/05/2017 06/05/17 | Pending | -- | -- | -- |
| 05/11/2017 05/11/17 | Price Changed | $849,250 | -2.3% | $202 / Sq Ft |
| 03/31/2017 03/31/17 | For Sale | $869,250 | 0.0% | $207 / Sq Ft |
| 03/21/2017 03/21/17 | Pending | -- | -- | -- |
| 03/08/2017 03/08/17 | Price Changed | $869,250 | -7.5% | $207 / Sq Ft |
| 02/13/2017 02/13/17 | For Sale | $939,250 | -- | $224 / 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 | $7,199 | $487,440 | $348,173 | $139,267 |
| 2024 | $6,884 | $477,884 | $341,347 | $136,537 |
| 2023 | $6,759 | $468,514 | $334,654 | $133,860 |
| 2022 | $6,315 | $459,329 | $328,093 | $131,236 |
| 2021 | $6,193 | $450,323 | $321,660 | $128,663 |
| 2019 | $6,096 | $436,968 | $312,120 | $124,848 |
| 2018 | $5,879 | $428,400 | $306,000 | $122,400 |
| 2016 | $3,251 | $226,769 | $164,356 | $62,413 |
| 2015 | $3,139 | $223,364 | $161,888 | $61,476 |
| 2014 | $3,122 | $218,989 | $158,717 | $60,272 |
Source: Public Records
Agents Affiliated with this Home
-
Kristina Moore
Seller's Agent in 2017
Kristina Moore
The Moore Group
(714) 809-7608
25 Total Sales
-
G
Buyer's Agent in 2017
General NONMEMBER
NONMEMBER MRML
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17029920
APN: 7115-012-003
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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