T
Seller's Agent in 2014
Than Tran
Realty One Group West
1140 Gladys Ave Long Beach, CA 90804
Rose Park NeighborhoodEstimated Value: $1,388,000 - $1,676,000
10
Beds
6
Baths
6,792
Sq Ft
$225/Sq Ft
Est. Value
About This Home
As of April 2014REDUCED PRICE FOR QUICK SALE. RARE IN MARKET. EXCELLENT INVESTMENT OPPORTUNITY. NO RENT CONTROL. VERY CLEAN UNITS LOCATED IN A GOOD AREA. ALLEY ACCESS TO 6 CAR GARAGES WITH NEW GARAGE DOORS.
ORIGINALLY IT WAS 6 UNITS WITH 2 SEPARATE APN BUT SELLER JUST PUT OVER $150 K (see Supplements attached for more details) FOR REMODELLING AND CONVERSION TO 4 UNITS RECENTLY IN 9/2013 TO MAKE THE UNITS NEWER /MORE SPACY AND TAKE ADVANCE OF the BETTER MORTGAGE LOAN PROGRAM AS SFR RESIDENTS. NEW PAINT IN AND OUT, UPGRADED PLUMBING, GAS LINE and ELECTRIC WORK WITH NEW 200 AMP PANEL BOX. EACH UNIT HAS SEPARATE ELECTRIC AND GAS METER, SOME NEW WINDOWS, NEW FLOOR TILE WORK, NEW DRYWALL, NEW STUCCO, NEW GARAGE DOOR, NEW KITCHEN& BATHROOM CABINETS&COUNTER TOPS AND NEW CARPET in THE BACK BUILDING and much much more .... RENT IS LOW, MORE ROOM TO INCREASE THE INCOME. MOST OF TENANTS ARE LONG TERM OCCUPIED (OVER 5 YEARS). VERY CONVENIENT LOCATION, EASY ACCESS TO FWY 405, 91, 605 ETC ...
EASY MANAGEMENT : The ower is paying $400/month for management now to get the rental check deposited to owner's account directly each month.
Last Agent to Sell the Property
Than Tran
Realty One Group West License #01140883 Listed on: 01/10/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 6,351 Sq Ft Lot
- No Common Walls
- Density is 11-15 Units/Acre
Parking
- 6 Car Garage
Home Design
- 6,792 Sq Ft Home
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 7259017007
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $660
- Insurance Expense $2,148
- Maintenance Expense $2,286
- Water Sewer Expense $4,800
- New Taxes Expense $8,500
- Gross Income $3,358
- Net Operating Income $40,286
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 5, 2015
Sold by
Sayer Christopher R
Bought by
Sayer Christopher Robert and Crs Living Trust
Current Estimated Value
Purchase Details
Listed on
Jan 10, 2014
Closed on
Mar 24, 2014
Sold by
Florence Holdings Llc
Bought by
Sayer Christopher R
Seller's Agent
Than Tran
Realty One Group West
Buyer's Agent
Douglas Krone
Pacific Sotheby's Int'l Realty
List Price
$835,000
Sold Price
$790,000
Premium/Discount to List
-$45,000
-5.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$592,500
Outstanding Balance
$447,554
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,080,278
Purchase Details
Closed on
Apr 11, 2011
Sold by
Le Sarah Pham and Le Sa Thi Quynh
Bought by
Florence Holdings Llc
Purchase Details
Closed on
Sep 19, 2007
Sold by
Pham Tim and Huynh Lucy Bach
Bought by
Le Sa Thi Quynh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 10, 2007
Sold by
Le Ron Viet
Bought by
Le Sa Thi Quynh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 9, 2003
Sold by
Huynh Lucy Bach
Bought by
Pham Tim and Huynh Lucy Bach
Purchase Details
Closed on
Mar 12, 2003
Sold by
Huynh Lucy Bach
Bought by
Pham Tim and Huynh Lucy Bach
Purchase Details
Closed on
May 2, 2002
Sold by
Pham Tim
Bought by
Huynh Lucy Bach
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.51%
Purchase Details
Closed on
Feb 27, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud
Purchase Details
Closed on
Dec 1, 2000
Sold by
Gonzalez Jesus and Arroyo Adan
Bought by
Chase Manhattan Mtg Corp
Purchase Details
Closed on
Sep 29, 1999
Sold by
Gonzalez Jesus and Camacho Juan
Bought by
Arroyo Adan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,762
Interest Rate
7.89%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 3, 1999
Sold by
Stovall James R
Bought by
Gonzalez Jesus and Arroyo Adan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,762
Interest Rate
7.89%
Mortgage Type
FHA
Purchase Details
Closed on
May 27, 1998
Sold by
Stovall Cynthia
Bought by
Stovall James R
Purchase Details
Closed on
May 26, 1998
Sold by
Wilshire Funding Corp
Bought by
Finzi David B
Purchase Details
Closed on
May 8, 1998
Sold by
Cunningham Michael J
Bought by
Wilshire Funding Corp
Purchase Details
Closed on
May 13, 1997
Sold by
Rodriguez Adolfo and South Central Investment
Bought by
Cunningham Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,815
Interest Rate
8.13%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 22, 1997
Sold by
Thomas Charles H and Thomas Cynthia V
Bought by
Rodriguez Adolfo and South Central Investments
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,815
Interest Rate
8.13%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sayer Christopher Robert | -- | None Available | |
| Sayer Christopher R | $790,000 | Lawyers Title | |
| Florence Holdings Llc | -- | None Available | |
| Le Sa Thi Quynh | $750,000 | Ticor Title Tustin Orange Co | |
| Le Sa Thi Quynh | -- | Ticor Title Tustin Orange Co | |
| Pham Tim | -- | -- | |
| Pham Tim | -- | -- | |
| Huynh Lucy Bach | -- | First Southwestern Title Co | |
| Huynh Lucy Bach | $329,000 | First Southwestern Title Co | |
| Hud | -- | Landsafe Title | |
| Chase Manhattan Mtg Corp | $353,755 | Landsafe Title | |
| Arroyo Adan | -- | -- | |
| Gonzalez Jesus | $330,000 | South Coast Title | |
| Stovall James R | -- | Benefit Land Title Company | |
| Stovall James R | $95,000 | Benefit Land Title Company | |
| Finzi David B | $95,000 | Benefit Land Title Company | |
| Wilshire Funding Corp | $198,000 | Benefit Land Title Ins Co | |
| Cunningham Michael J | $330,000 | Commonwealth Title Co | |
| Rodriguez Adolfo | $185,000 | Commonwealth Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sayer Christopher R | $592,500 | |
| Previous Owner | Le Sa Thi Quynh | $500,000 | |
| Previous Owner | Huynh Lucy Bach | $230,000 | |
| Previous Owner | Gonzalez Jesus | $327,762 | |
| Previous Owner | Cunningham Michael J | $314,815 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2014 04/01/14 | Sold | $790,000 | -5.4% | $116 / Sq Ft |
| 02/25/2014 02/25/14 | Pending | -- | -- | -- |
| 01/10/2014 01/10/14 | For Sale | $835,000 | -- | $123 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $12,818 | $968,420 | $490,338 | $478,082 |
| 2024 | $12,818 | $949,432 | $480,724 | $468,708 |
| 2023 | $12,604 | $930,817 | $471,299 | $459,518 |
| 2022 | $11,846 | $912,566 | $462,058 | $450,508 |
| 2021 | $11,591 | $894,674 | $452,999 | $441,675 |
| 2020 | $11,560 | $885,502 | $448,355 | $437,147 |
| 2019 | $11,427 | $868,140 | $439,564 | $428,576 |
| 2018 | $11,051 | $851,119 | $430,946 | $420,173 |
| 2016 | $10,148 | $818,071 | $414,213 | $403,858 |
| 2015 | $9,747 | $805,784 | $407,992 | $397,792 |
| 2014 | $8,026 | $658,427 | $365,793 | $292,634 |
Source: Public Records
Agents Affiliated with this Home
-
-
Douglas Krone
Buyer's Agent in 2014
Douglas Krone
Pacific Sothebys
(714) 319-1300
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14015355
APN: 7259-017-007
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