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Seller's Agent in 2014
Ryan Rayburn
Marcus & Millichap
115 E 12th St Long Beach, CA 90813
Saint Mary's Neighborhood
6
Beds
5
Baths
5,126
Sq Ft
5,132
Sq Ft Lot
Highlights
- Gated Parking
- 3-minute walk to Anaheim Station
- Wood Flooring
- Long Beach Polytechnic High School Rated A
- Dual Staircase
- Spanish Architecture
About This Home
As of October 2014I am proud to offer a well-maintained 4 unit building located at 115 E. 12th Street. The property is three blocks South of Anaheim Street and one block East of Pine Avenue, in the city of Long Beach. The property is a two story walk-up style building consisting of 4 one bedroom/one bathroom units and 1 two bedroom/ two bath and 1 two bedroom/ one bathroom. The property is currently operating as a 6 unit property with 2 nonconforming units. The wood frame, painted stucco building offers 5126 rentable square feet and was constructed in 1921, and includes one enclosed garage. The property is mastered metered for gas and electricity. With close proximity to numerous restaurants shopping, and transportation thus making this acquisition a perfect addition to any investors portfolio.
Last Agent to Sell the Property
Ryan Rayburn
Marcus & Millichap License #01496522 Listed on: 03/26/2014
Last Buyer's Agent
Ryan Rayburn
Marcus & Millichap License #01496522 Listed on: 03/26/2014
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 5,132 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Parking
- 1 Car Garage
- Parking Available
- Side Facing Garage
- Gated Parking
Home Design
- Spanish Architecture
- Property Attached
- Entry on the 2nd floor
- Flat Roof Shape
- Slab Foundation
- Composition Roof
- Flat Tile Roof
- Wood Siding
Interior Spaces
- 5,126 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Window Bars
- Laundry in unit
Kitchen
- Gas Oven
- Gas Cooktop
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Outdoor Features
- Balcony
Listing and Financial Details
- Legal Lot and Block 182 / A
- Assessor Parcel Number 7273004030
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $1,794
- Maintenance Expense $2,400
- Supplies Expense $860
- Trash Expense $4,000
- New Taxes Expense $7,875
- Gross Income $6,040
- Net Operating Income $51,927
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 26, 2014
Closed on
Sep 3, 2014
Sold by
Bought by
Seller's Agent
Ryan Rayburn
Marcus & Millichap
Buyer's Agent
Ryan Rayburn
Marcus & Millichap
List Price
$700,000
Sold Price
$625,000
Premium/Discount to List
-$75,000
-10.71%
Purchase Details
Closed on
Feb 25, 2010
Sold by
Bought by
Purchase Details
Closed on
Feb 19, 2009
Sold by
Bought by
Purchase Details
Closed on
Oct 13, 2008
Sold by
Bought by
Purchase Details
Closed on
Jan 30, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
0.0611%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 8, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
0.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 15, 1997
Sold by
Bought by
Purchase Details
Closed on
Apr 5, 1996
Sold by
Bought by
Purchase Details
Closed on
Sep 26, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $609,500 | North American Title Co Inc | ||
| -- | None Available | ||
| $450,000 | First American Title | ||
| $467,500 | None Available | ||
| -- | First American Title Company | ||
| -- | Alliance Title | ||
| -- | -- | ||
| $235,000 | Commonwealth Land Title | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $690,000 | ||
| Previous Owner | $620,000 | ||
| Previous Owner | $525,000 | ||
| Previous Owner | $440,000 | ||
| Previous Owner | $270,900 |
Source: Public Records
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 |
|---|---|---|---|---|
| 10/16/2014 10/16/14 | Sold | $625,000 | -10.7% | $122 / Sq Ft |
| 08/27/2014 08/27/14 | Pending | -- | -- | -- |
| 03/26/2014 03/26/14 | For Sale | $700,000 | -- | $137 / 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 |
|---|---|---|---|---|
| 2025 | $10,561 | $751,145 | $300,457 | $450,688 |
| 2024 | $10,076 | $736,417 | $294,566 | $441,851 |
| 2023 | $9,908 | $721,979 | $288,791 | $433,188 |
| 2022 | $9,318 | $707,824 | $283,129 | $424,695 |
| 2021 | $9,109 | $693,946 | $277,578 | $416,368 |
| 2019 | $8,979 | $673,365 | $269,346 | $404,019 |
| 2018 | $8,688 | $660,163 | $264,065 | $396,098 |
| 2016 | $7,966 | $634,530 | $253,812 | $380,718 |
| 2015 | $7,655 | $625,000 | $250,000 | $375,000 |
| 2014 | -- | $421,194 | $210,597 | $210,597 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14062055
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.
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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