NOT LISTED FOR SALE

Estimated Value: $815,000 - $931,313

4 Beds
3 Baths
1,862 Sq Ft
$467/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2016

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

Est. 81% increase in value since last sale

Current estimated payment $5,664 / mo

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

Keller Williams Pacific Estate

Last Buyer's Agent

Kyle Thormodsgaard

Nationwide Real Estate Execs License #01844986

Property Details

Home Type

  • Multi-Family

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

Year Built

Built in 1929

Lot Details

3,340 Sq Ft Lot

Parking

4

Listing Details

  • 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

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

Closed on
Mar 10, 2017
Sold by
Bought by
Current Estimated Value
$870,328

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 8, 2016
Sold by
Bought by
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
6.14%
Original Mortgage
$360,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2009
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jan 3, 2007
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

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
Bought by

Purchase Details

Closed on
Jul 16, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 28, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2001
Sold by
Bought by

Purchase Details

Closed on
Jul 28, 1997
Sold by
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Available
$480,000 Provident Title
$260,000 Servicelink
$270,000 None Available
-- None Available
$557,000 Fatcola
$352,500 Advantage Title Inc
-- Advantage Title Inc
-- Southland Title
$269,000 Southland Title
-- --
$173,000 Southland Title Corporation
-- Southland Title Corporation
-- First American Title Co
$139,312 American Title
-- Commonwealth Land Title Co
$135,000 Commonwealth Land Title Co
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 $360,000
Previous Owner $194,925
Previous Owner $445,600
Previous Owner $92,000
Previous Owner $53,800
Previous Owner $215,200
Previous Owner $133,358
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
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

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 $11,222 $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

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