NOT LISTED FOR SALE

Estimated Value: $1,067,476

4 Beds
3 Baths
2,996 Sq Ft
$356/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2017

Last sale price $641,000 $214 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,868 / mo

135 Days on Market

Highlights

  • Fireplace in Kitchen
  • Property is near public transit
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Corner Lot
  • Laundry Room

About This Home

As of August 2017

Great Investment Triplex for Sale Located in a High potential rental area,property include a separated three bedrooms, one bath House but in the city show 2 bedrooms and one bathroom and the second building Have two units with 2 bedrooms and one bath each but city records show one bedroom one bath each,buyers to verified with city of Long Beach to satisfy themselves,both located upstairs. property have six open parking spaces.this property is listed at the right price.
Back on market,,,,back on market

Last Agent to Sell the Property

Bernardo Aron

HomeSmart, Evergreen Realty License #01401258 Listed on: 03/03/2017

Last Buyer's Agent

ALBERT LO

IRN REALTY License #01953296

IRN REALTY

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,229

Year Built

  • Built in 1922

Lot Details

  • 6,776 Sq Ft Lot
  • Property fronts an alley
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence
  • Corner Lot
  • Level Lot
  • Value in Land

Parking

  • 6 Car Garage
  • Attached Carport
  • Parking Available

Home Design

  • Triplex
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 2,996 Sq Ft Home
  • 2-Story Property
  • Stair Climber
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Home Security

  • Window Bars
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating System
  • Sewer on Bond
  • Sewer Assessments

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 185
  • Tax Tract Number 11933
  • Assessor Parcel Number 7274007001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $2,000
  • Trash Expense $293
  • Water Sewer Expense $48
  • New Taxes Expense $6,229
  • Operating Expense $342
  • Gross Income $3,250
  • Net Operating Income $2,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,229

Year Built

Built in 1922

Lot Details

6,776 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Window Bars
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 47.81
  • Zoning: LBR4R
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7274007001
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Partial, Stair Climber
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Below
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Fireplace Features: Kitchen, Living Room, Gas
  • Levels: Two
  • Price Per Square Foot: 213.95
  • Room Type: All Bedrooms Up, Entry, Formal Entry, Kitchen, Laundry

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Drywall Walls, Frame

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Carport, Attached Carport
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Common Area, In Carport, Individual Room
  • Sewer: Public Sewer, Sewer Assessments, Sewer On Bond
  • Trash Expense: 293.40
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Near Public Transit, Value In Land, Walkstreet
  • Lot Size Sq Ft: 6776.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 2 Square Feet
  • Electric Expense: 100.00
  • Gross Income: 3250.00
  • Gross Scheduled Income: 3250.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 2950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Actual Rent: 3250.00
  • Total Expenses: 342.21

Tax Info

  • New Taxes Expense: 6228.50
  • Tax Census Tract: 5764.01
  • Tax Lot: 185
  • Tax Tract Number: 11933
  • Tax Annual Amount: 6228.58

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

Listed on
Mar 3, 2017
Closed on
Aug 7, 2017
Sold by
Solis Francisco
Bought by
Seller's Agent
Bernardo Aron
HomeSmart, Evergreen Realty
Buyer's Agent
ALBERT LO
IRN REALTY
List Price
$640,000
Sold Price
$641,000
Premium/Discount to List
$1,000
0.16%
Current Estimated Value
$1,067,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,476
Avg. Annual Appreciation
5.76%

Purchase Details

Closed on
Oct 15, 2004
Sold by
Solis Francisco and Galicia Jose M
Bought by
Solis Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Mendoza Jess E and Mendoza Wanda M
Bought by
Solis Francisco and Galicia Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,674
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2001
Sold by
Dodson Sarah B
Bought by
Mendoza Jess E and Mendoza Wanda M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
08/11/2017 08/11/17 Sold $641,000 +0.2% $214 / Sq Ft
07/16/2017 07/16/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $640,000 0.0% $214 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $640,000 -- $214 / 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
2026 $10,088 $743,928 $522,260 $221,668
2025 $10,088 $729,342 $512,020 $217,322
2024 $9,653 $715,042 $501,981 $213,061
2023 $9,491 $701,023 $492,139 $208,884
2022 $8,922 $687,279 $482,490 $204,789
2021 $8,736 $673,804 $473,030 $200,774
2020 $8,712 $666,896 $468,180 $198,716
2019 $8,612 $653,820 $459,000 $194,820
2018 $8,288 $641,000 $450,000 $191,000
2016 $6,229 $502,992 $297,892 $205,100
2015 $5,983 $495,438 $293,418 $202,020
2014 $5,951 $485,734 $287,671 $198,063
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17042444

California Regional Multiple Listing Service (CRMLS)

APN: 7274-007-001

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