NOT LISTED FOR SALE

1119 E 15th St Long Beach, CA 90813

Central Neighborhood

Estimated Value: $1,077,000 - $1,162,000

1 Bed
1 Bath
3,636 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $560,000 $154 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,638/month

23 Days on Market

About This Home

As of March 2016

***FOURPLEX IN POLY HIGH AREA OF LONG BEACH*** The is fourplex has 4 x 1 bedroom, 1 bathrooms which are mirror images of each other both upstairs and down. The units have large living room entry with access to dining room. The main hallway affords access to the spacious kitchens and the bedroom plus full hall bathrooms with combination bath tub/shower. Ample parking at the rear of the building. This is an investor's delight as the interior has had extensive fire damage. Financial numbers are pulled from section 8 rents and are for example purposes only. DON'T MISS OUT ON THIS OPPORTUNITY!!!

Last Agent to Sell the Property

Laura Roman

Boardwalk Properties License #00458210 Listed on: 01/25/2016

Last Buyer's Agent

Melba Conde

Vylla Home, Inc. License #00795595

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,014 Sq Ft Lot
  • No Common Walls

Parking

  • 5 Parking Spaces

Home Design

  • 3,636 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 7268022027

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $4,664
  • Net Operating Income $41,976

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Property Type: Residential Income
  • Parcel Number: 7268022027
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 154.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Lot Size Sq Ft: 6014.00
  • Price Per Lot Square Foot: 93.12
  • Lot Size Acres: 0.1380

Multi Family

  • Gross Income: 4664.00
  • Gross Scheduled Income: 55968.00
  • Lot Size Area: 6014.0000 Square Feet
  • Net Operating Income: 41976.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13992.00
  • Rent Control: No

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: Roosev

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2017
Sold by
Cowdrey Daniel N
Bought by
Ajr Capital Llc
Current Estimated Value
$1,121,333

Purchase Details

Closed on
Jan 20, 2017
Sold by
Franklin Jill
Bought by
Cowdrey Daniel N

Purchase Details

Listed on
Jan 25, 2016
Closed on
Feb 22, 2016
Sold by
The Bank Of New York Mellon
Bought by
Ajr Capital Llc
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Melba Conde
Vylla Home, Inc.
List Price
$314,900
Sold Price
$560,000
Premium/Discount to List
$245,100
77.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Gandarilla Mercedes
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Dec 27, 2010
Sold by
Gandarilla Mercedes
Bought by
Gandarilla Mercedes and Salinas Salvador M

Purchase Details

Closed on
Oct 7, 2010
Sold by
Huerta Refugio
Bought by
Gandarilla Mercedes and Chavez Mark A

Purchase Details

Closed on
Jul 29, 2010
Sold by
Gandarilla Jesus
Bought by
Huerta Refugio

Purchase Details

Closed on
Jul 7, 2006
Sold by
Gandarilla Mercedes
Bought by
Gandarilla Jesus and Gandarilla Mercedes

Purchase Details

Closed on
Jul 28, 2005
Sold by
Gandarilla Jesus
Bought by
Gandarilla Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 14, 2005
Sold by
Holmes Kevin
Bought by
Gandarilla Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 20, 2004
Sold by
Chantani Steven S
Bought by
Holmes Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2003
Sold by
Lay Keang Long
Bought by
Chantani Steven S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ajr Capital Llc -- Provident Title
Cowdrey Daniel N -- First American
Cowdrey Daniel N -- First American
Ajr Capital Llc $588,000 Title365
The Bank Of New York Mellon $708,080 Stewart Title
Gandarilla Mercedes -- None Available
Gandarilla Mercedes -- None Available
Huerta Refugio -- None Available
Gandarilla Jesus -- Accommodation
Gandarilla Mercedes -- Chicago Title Co
Gandarilla Mercedes $770,000 --
Holmes Kevin $575,000 Diversified Title & Escrow S
Chantani Steven S $260,000 Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gandarilla Mercedes $539,000
Previous Owner Holmes Kevin $402,500
Previous Owner Chantani Steven S $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $560,000 +77.8% $154 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $314,900 -- $87 / 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 $9,377 $696,066 $236,756 $459,310
2024 $9,377 $682,418 $232,114 $450,304
2023 $9,217 $669,038 $227,563 $441,475
2022 $8,666 $655,920 $223,101 $432,819
2021 $8,477 $643,060 $218,727 $424,333
2019 $8,356 $623,989 $212,241 $411,748
2018 $8,080 $611,755 $208,080 $403,675
2017 $7,995 $599,760 $204,000 $395,760
2016 $8,488 $680,000 $300,000 $380,000
2015 $5,415 $426,400 $213,200 $213,200
2014 $5,396 $418,048 $209,024 $209,024
Source: Public Records

Agents Affiliated with this Home

  • Laura Roman

    Seller's Agent in 2016

    Laura Roman

    Boardwalk Properties

    (562) 209-3645

    39 Total Sales

    Section Image
  • Melba Conde

    Buyer's Agent in 2016

    Melba Conde

    Vylla Home, Inc.

    (562) 688-6902

    21 Total Sales

    Melba Conde
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16016005

California Regional Multiple Listing Service (CRMLS)

APN: 7268-022-027

California Los Angeles County Long Beach 90813 Central

1119 E 15th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes