NOT LISTED FOR SALE

1148 E Arcadia Ct Long Beach, CA 90813

Central Neighborhood

Estimated Value: $975,000 - $1,075,217

7 Beds
4 Baths
2,503 Sq Ft
$410/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $1,053,191 $421 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,404/month

49 Days on Market

About This Home

As of July 2024

1148 E Arcadia Ct. is a 4-unit Craftsman style apartment building located in the Poly High neighborhood of Long Beach. The location offers easy access to Long Beach Poly High School and Long Beach City College. The property is comprised of 3 detached buildings. The front building is a duplex with (1) split level 2bed/1bath unit and (1) 1bed/1bath unit. There are (2) 2bed/1bath homes in the back with private yards. All 4 units have their own laundry hookups. The interiors of all 4 units are in good condition.

Last Agent to Sell the Property

Cody Charnell

Sage Real Estate Group, Inc. License #01950585 Listed on: 05/02/2024

Last Buyer's Agent

Cody Charnell

Sage Real Estate Group, Inc. License #01950585 Listed on: 05/02/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,714

Year Built

  • Built in 1915

Lot Details

  • 5,011 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 2,503 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 4212
  • Assessor Parcel Number 7268017002
  • $799 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • Poly High Subdivision

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $25,564
  • Net Operating Income $57,753

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,714

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Price Per Unit: 262500
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR1N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7268017002
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 420.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5011.00
  • Lot Size Acres: 0.1150
  • Latitude Manual: 33.78387800

Multi Family

  • Gross Multiplier: 12.59
  • Gross Scheduled Income: 83400.00
  • Lot Size Area: 5011.0000 Square Feet
  • Net Operating Income: 57753.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 25564.00
  • Other Expense Description: Estimate
  • Rent Control: Yes
  • Total Expenses: 25564.00

Tax Info

  • Tax Census Tract: 5752.01
  • Tax Lot: 7
  • Tax Tract Number: 4212
  • TaxOtherAnnualAssessmentAmount: 799.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Jun 25, 2024
Sold by
Ingalls Richard and Berry Kathleen
Bought by
Rozinka Austin
Seller's Agent
Cody Charnell
Sage Real Estate Group, Inc.
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$1,050,000
Sold Price
$1,053,191
Premium/Discount to List
$3,191
0.3%
Views
18
Current Estimated Value
$1,026,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,387
Avg. Annual Appreciation
-1.90%
Original Mortgage
$947,871
Outstanding Balance
$937,449
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$93,141

Purchase Details

Closed on
Feb 8, 2021
Sold by
Ingalls Rick and Berry Kate
Bought by
Ingalls Richard and Berry Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,999
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2017
Sold by
Mayer Alan and Mayer Marcela
Bought by
Ingalls Rick and Berry Kate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2012
Sold by
Mayer Alan M
Bought by
Mayer Alan and Mayer Marcela Murphy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 21, 2003
Sold by
Tuliva Gamu
Bought by
Mayer Alan M

Purchase Details

Closed on
Oct 2, 1997
Sold by
Clyde Lauren Jeanne
Bought by
Clyde Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
7.54%

Purchase Details

Closed on
Sep 29, 1997
Sold by
Clyde Bruce
Bought by
Tuliva Gamu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
7.54%

Purchase Details

Closed on
Sep 3, 1997
Sold by
Albertella George And Elba Trs
Bought by
Clyde Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
7.54%
Source: Public Records

Range of Values:

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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
Rozinka Austin $1,053,500 Old Republic Title
Ingalls Richard -- Consumers Title Co Of Ca Inc
Ingalls Rick $630,000 Ticor Title
Mayer Alan -- Chicago Title Company
Mayer Alan M $260,000 North American Title Co
Clyde Bruce -- Stewart Title Company
Tuliva Gamu $97,500 --
Clyde Bruce $449,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rozinka Austin $947,871
Previous Owner Ingalls Richard $438,999
Previous Owner Ingalls Rick $472,500
Previous Owner Mayer Alan $54,000
Previous Owner Mayer Alan $300,000
Previous Owner Mayer Alan M $375,634
Previous Owner Mayer Alan M $384,100
Previous Owner Mayer Alan M $267,000
Previous Owner Tuliva Gamu $124,000
Previous Owner Clyde Bruce $72,200
Previous Owner Tuliva Gamu $100,200
Previous Owner Clyde Bruce $50,000
Closed Clyde Bruce $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $1,053,191 +0.3% $421 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $1,050,000 -- $419 / 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 $9,714 $1,053,500 $400,000 $653,500
2024 $9,714 $716,827 $227,563 $489,264
2023 $9,547 $702,772 $223,101 $479,671
2022 $8,971 $688,993 $218,727 $470,266
2021 $8,783 $675,485 $214,439 $461,046
2020 $8,761 $668,840 $212,241 $456,599
2019 $8,658 $655,732 $208,080 $447,652
2018 $8,382 $642,880 $204,000 $438,880
2016 $4,182 $312,262 $172,945 $139,317
2015 $4,025 $307,573 $170,348 $137,225
2014 $4,017 $301,549 $167,012 $134,537
Source: Public Records

Agents Affiliated with this Home

  • Cody Charnell

    Seller's Agent in 2024

    Cody Charnell

    Sage Real Estate Group, Inc.

    (562) 896-3851

    3 in this area

    51 Total Sales

    Cody Charnell
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24087920

California Regional Multiple Listing Service (CRMLS)

APN: 7268-017-002

California Los Angeles County Long Beach 90813 Central

1148 E Arcadia Ct, Long Beach, CA

This home is located at 1148 E Arcadia Ct, Long Beach, CA 90813 since 02 May 2024 and is currently estimated at $1,026,804, approximately $410 per square foot. This property was built in 1915. 1148 E Arcadia Ct is a home located in Los Angeles County with nearby schools including Whittier Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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

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