Albert Marin
Re/Max Top Producers
(951) 456-4305
67 Total Sales
1 in Central
$550,000 Price
1151 E 16th St Long Beach, CA 90813
Central NeighborhoodEstimated Value: $893,000 - $989,622
5
Beds
4
Baths
2,190
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- Cathedral Ceiling
- Wood Flooring
- Crown Molding
- Long Beach Polytechnic High School Rated A
- Corian Countertops
- 1-minute walk to Rosa Parks Park
About This Home
As of August 2021GREAT INVESTMENT OPPORTUNITY - Located 10 min from Downtown Long Beach Pier / Shoreline, Pike Theaters, Restaurants, Shopping, Long Beach Aquarium and LBCC...!
Property features: Front house with 3 bedrooms, 1.5 bath Upgraded kitchen, Original refurbished hardwood floors and 1 car attached garage, SECOND Unit Features: 2 bedrooms, 1 bath in rear, NEW ROOF 2020, Remodeled /Upgraded kitchen, Very spacious rooms and excellent floor plan. THIRD Unit Features : "SIZABLE" Studio with enormous floor plan, Remodeled Kitchenette, modern 3/4 Stand-Up Shower!
Alley Access with Convenient "Remote Control Gate" Accommodates 5 Cars in Rear within enclosed gate for added security / privacy....
Long Term, hassle free Tenants with history of Monthly Punctual Payments...!
Last Agent to Sell the Property
Century 21 Allstars License #01192623 Listed on: 03/20/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 6,481 Sq Ft Lot
- No Common Walls
- Partially Fenced Property
- Level Lot
Parking
- 1 Car Garage
- Parking Available
- Brick Driveway
Home Design
- Composition Roof
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 2,190 Sq Ft Home
- Crown Molding
- Cathedral Ceiling
- Living Room
- Laundry Room
Kitchen
- Corian Countertops
- Laminate Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- 220 Volts
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 8
- Tax Tract Number 5752
- Assessor Parcel Number 7268023008
Community Details
Overview
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Gardener Expense $1,080
- Insurance Expense $1,113
- Water Sewer Expense $1,658
- New Taxes Expense $5,898
- Operating Expense $9,749
- Gross Income $57,096
- Net Operating Income $47,347
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
Closed on
Oct 1, 2020
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Outstanding Balance
$388,696
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$540,460
Purchase Details
Closed on
Jul 2, 2015
Sold by
Bought by
Purchase Details
Listed on
Oct 28, 2014
Closed on
Oct 30, 2014
Sold by
Bought by
Seller's Agent
Michael Barber
Coldwell Banker Realty
Buyer's Agent
Dennis Dailey
Cal Mutual, Inc
List Price
$400,000
Sold Price
$405,000
Premium/Discount to List
$5,000
1.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Purchase Details
Closed on
Aug 16, 2010
Sold by
Bought by
Purchase Details
Closed on
Sep 6, 1995
Sold by
Bought by
Purchase Details
Closed on
Oct 22, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central, CA
-
Albert Marin
-
Joshua Coburn
Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
50 Total Sales
1 in Central
$570,000 Price
-
Maria Guerrero
Maria Guerrero
Y Realty
(424) 552-2340
11 Total Sales
1 in Central
$445,000 Price
-
Gaurav Datta
Gaurav Datta
Y Realty
(562) 850-1338
2 Total Sales
1 in Central
$1,090,000 Price
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
33 Total Sales
1 in Central
$335,000 Price
-
Jane Castillo
Jane Castillo
Keller Williams Realty
(424) 283-4769
21 Total Sales
1 in Central
$420,000 Price
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 |
|---|---|---|---|
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | None Available | ||
| $405,000 | North American Title Company | ||
| -- | None Available | ||
| -- | -- | ||
| $259,000 | Old Republic Title Company |
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 |
|---|---|---|---|
| Open | $438,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/02/2021 08/02/21 | Sold | $875,000 | +3.0% | $400 / Sq Ft | |
| 06/21/2021 06/21/21 | Pending | -- | -- | -- | |
| 06/16/2021 06/16/21 | Price Changed | $849,900 | +6.3% | $388 / Sq Ft | |
| 03/20/2021 03/20/21 | For Sale | $799,900 | +97.5% | $365 / Sq Ft | |
| 11/18/2014 11/18/14 | Sold | $405,000 | +1.3% | $225 / Sq Ft | View Prior Sale |
| 10/15/2014 10/15/14 | Pending | -- | -- | -- | |
| 10/12/2014 10/12/14 | For Sale | $400,000 | -- | $222 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
Laura Borbon
Seller's Agent in 2021
Laura Borbon
Century 21 Allstars
(562) 833-0055
58 Total Sales
-
Michael Barber
Seller's Agent in 2014
Michael Barber
Coldwell Banker Realty
(562) 659-3057
15 Total Sales
-
D
Buyer's Agent in 2014
Dennis Dailey
Cal Mutual, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21044870
APN: 7268-023-008
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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