NOT LISTED FOR SALE

112 E Eldridge St Long Beach, CA 90807

Memorial Heights Neighborhood

Estimated Value: $703,000 - $1,129,000

4 Beds
2 Baths
1,397 Sq Ft
$614/Sq Ft Est. Value

Last Sold September 27, 2022

Last sale price $650,000 $465 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,205/month

262 Days on Market

Highlights

  • No Units Above
  • Contemporary Architecture
  • Level Lot
  • Hughes Middle School Rated A-
  • No HOA
  • Wood Siding

About This Home

As of September 2022

Back On the Market!!!Great Property Near all major Freeways with 2-1Bath Each Unit. The property needs upgrades (TLC).

Last Agent to Sell the Property

Javier Hernandez

HOME BASE REALTY INV INC License #01222599 Listed on: 11/26/2021

HOME BASE REALTY INV INC

Last Buyer's Agent

Javier Hernandez

HOME BASE REALTY INV INC License #01222599 Listed on: 11/26/2021

HOME BASE REALTY INV INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2,970 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • 1,397 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 7206020029
  • $368 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $9,700
  • Net Operating Income $19,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Crowes Vista Del Mar
  • Zoning: LBR34
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7206020029
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Price Per Square Foot: 465.28

Exterior Features

  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 2970.00
  • Lot Size Acres: 0.0682

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 2970.0000 Square Feet
  • Net Operating Income: 19100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 9700.00
  • Rent Control: No
  • Total Actual Rent: 1200.00
  • Total Expenses: 9700.00

Tax Info

  • Tax Area: 11934
  • Tax Block: 5
  • Tax Census Tract: 5722.01
  • Tax Lot: 2
  • Tax Tract: 7206
  • Tax Tract Number: lot...
  • TaxOtherAnnualAssessmentAmount: 368.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2021
Sold by
Rodriguez Jose J and Rodriguez Gabriela
Bought by
Sanchez Carlos
Current Estimated Value
$857,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.22%
Mortgage Type
VA

Purchase Details

Closed on
Feb 16, 2007
Sold by
Marguich Investments Llc
Bought by
Rodriguez Jose J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2006
Sold by
Schiller Michael and Schiller Ann Mattia
Bought by
Marguich Investments Llc

Purchase Details

Closed on
May 19, 2003
Sold by
Wu Chien Yuan and Tsai Chia Jung
Bought by
Schiller Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2002
Sold by
Wayman Jeffrey B and Wayman Catherine J
Bought by
Wu Chien Yuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
9%
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

Date Buyer Sale Price Title Company
Sanchez Carlos $650,000 Western Resources Title
Rodriguez Jose J $529,000 Southland Title Corporation
Marguich Investments Llc $390,000 None Available
Schiller Michael $275,000 Chicago Title Co
Wu Chien Yuan $145,000 Lawyers Title Company
Wayman Jeffrey B -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Carlos $650,000
Previous Owner Rodriguez Jose J $423,200
Previous Owner Schiller Michael $125,000
Previous Owner Wu Chien Yuan $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $650,000 -4.4% $465 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $680,000 0.0% $487 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $680,000 0.0% $487 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $680,000 -- $487 / 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 $8,546 $676,260 $468,180 $208,080
2024 $8,546 $663,000 $459,000 $204,000
2023 $8,487 $650,000 $450,000 $200,000
2022 $8,329 $667,856 $429,250 $238,606
2021 $8,168 $654,762 $420,834 $233,928
2019 $8,051 $635,343 $408,352 $226,991
2018 $7,816 $622,887 $400,346 $222,541
2016 $7,196 $598,701 $384,801 $213,900
2015 $6,904 $589,709 $379,021 $210,688
2014 $6,856 $578,158 $371,597 $206,561
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Javier Hernandez

    HOME BASE REALTY INV INC

    (909) 590-8853

    1 in this area

    25 Total Sales

    Javier Hernandez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21208176

California Regional Multiple Listing Service (CRMLS)

APN: 7206-020-029

California Los Angeles County Long Beach 90807 Memorial Heights

112 E Eldridge St, Long Beach, CA

Not Listed for Sale

MultiFamily

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