NOT LISTED FOR SALE

Estimated Value: $847,000 - $1,018,000

4 Beds
3 Baths
1,862 Sq Ft
$495/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $480,000 $258 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,921/month

21 Days on Market

Highlights

  • 4 Car Garage
  • Long Beach Polytechnic High School Rated A
  • 4-minute walk to Martin Luther King Jr Park

About This Home

As of August 2016

Excellent and affordable investment opportunity to own 3 units in the wonderful City of Long Beach. Front house features 2 bedrooms 1 bath, back units are 1 bedroom 1 bath each. Property has 4 one car garages, one of which is rented separately for extra income. Units all have newer windows, title flooring and well kept. No rent control. Centrally located near shopping, public transportation, close to LB City College and Poly High School. Units are well-maintained and in good conditions. Great tenants and rents, please do not disturb occupants.

Last Agent to Sell the Property

Guadalupe Navarrete

Keller Williams Pacific Estate License #01859748 Listed on: 05/17/2016

Last Buyer's Agent

Kyle Thormodsgaard

Nationwide Real Estate Execs License #01844986

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,737

Year Built

  • Built in 1929

Lot Details

  • 3,340 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 1,862 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7210027004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,737

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Other Phone Number: 562-676-8207
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Subdivision Name Other: Poly High (PH)
  • Property Type: Residential Income
  • Parcel Number: 7210027004
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 257.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, On Site
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3340.00
  • Price Per Lot Square Foot: 143.71

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2021
Sold by
Skrindo Properties Llc
Bought by
Schenkelberg Jeffrey and Schenkelberg Katherine
Current Estimated Value
$922,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Outstanding Balance
$536,510
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$367,807

Purchase Details

Closed on
Mar 10, 2017
Sold by
Thormodsgaard Kyle and Thormodsgaard Tess
Bought by
Skrindo Properties Llc

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 8, 2016
Sold by
Martinez Juan C and Martinez Olivia
Bought by
Thormodsgaard Kyle and Thormodsgaard Tess
Seller's Agent
Guadalupe Navarrete
Keller Williams Pacific Estate
Buyer's Agent
Kyle Thormodsgaard
Nationwide Real Estate Execs
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%
Original Mortgage
$360,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Martinez Juan C and Martinez Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,925
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2008
Sold by
Galvan Leonel
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jan 3, 2007
Sold by
Galvan Annabelle
Bought by
Galvan Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,600
Interest Rate
8.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2004
Sold by
Aguilar Carlos
Bought by
Boelzle Jurgen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2003
Sold by
Lebon Sharon
Bought by
Lemac Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,800
Interest Rate
5.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 12, 2003
Sold by
Lemac Properties Llc
Bought by
Aguilar Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Lebon Sharon
Bought by
Lemac Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2002
Sold by
Hud
Bought by
Lebon Sharon

Purchase Details

Closed on
Jul 16, 2002
Sold by
Lebon Bruno
Bought by
Lebon Sharon

Purchase Details

Closed on
Feb 28, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 6, 2001
Sold by
Hernandez Carmelo
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Jul 28, 1997
Sold by
Ramos Maria
Bought by
Hernandez Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,358
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 1997
Sold by
Sweida Emile and Sweida Jackie
Bought by
Hernandez Carmelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,358
Interest Rate
7.57%
Mortgage Type
FHA
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
Schenkelberg Jeffrey $785,000 Lawyers Title
Skrindo Properties Llc -- None Available
Thormodsgaard Kyle $480,000 Provident Title
Martinez Juan C $260,000 Servicelink
Jpmorgan Chase Bank Na $270,000 None Available
Galvan Leonel -- None Available
Galvan Leonel $557,000 Fatcola
Boelzle Jurgen $352,500 Advantage Title Inc
Boelzle Jurgen -- Advantage Title Inc
Lemac Properties Llc -- Southland Title
Aguilar Carlos $269,000 Southland Title
Lemac Properties Llc -- --
Lebon Sharon $173,000 Southland Title Corporation
Lebon Sharon -- Southland Title Corporation
Hud -- First American Title Co
Chase Manhattan Mtg Corp $139,312 American Title
Hernandez Carmelo -- Commonwealth Land Title Co
Hernandez Carmelo $135,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schenkelberg Jeffrey $588,750
Previous Owner Thormodsgaard Kyle $360,000
Previous Owner Martinez Juan C $254,000
Previous Owner Martinez Juan C $194,925
Previous Owner Galvan Leonel $445,600
Previous Owner Boelzle Jurgen $92,000
Previous Owner Lemac Properties Llc $53,800
Previous Owner Aguilar Carlos $215,200
Previous Owner Hernandez Carmelo $133,358
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $480,000 0.0% $258 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $479,900 -- $258 / 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 $10,737 $833,048 $424,483 $408,565
2024 $10,737 $816,714 $416,160 $400,554
2023 $10,554 $800,700 $408,000 $392,700
2022 $9,908 $785,000 $400,000 $385,000
2021 $6,673 $514,655 $214,439 $300,216
2020 $6,656 $509,379 $212,241 $297,138
2019 $6,578 $499,392 $208,080 $291,312
2018 $6,370 $489,600 $204,000 $285,600
2016 $3,691 $282,828 $141,414 $141,414
2015 $3,549 $278,580 $139,290 $139,290
2014 $3,538 $273,124 $136,562 $136,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16105140

California Regional Multiple Listing Service (CRMLS)

APN: 7210-027-004