NOT LISTED FOR SALE

11615 Long Beach Blvd Lynwood, CA 90262

Lynwood Area
4 Beds
5 Baths
6,760 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: October 30, 2019

Last sale price $2,100,000 $311 Per Sq Ft

363 Days on Market

About This Home

As of October 2019

GOOD INVESTMENT OPPORTUNITY which consist of 14 Units, 6 units 1 bedroom 1 bath each, tenants paid utilities, and 8 singles units, rent included utilities, No Rent Control, Centrally located, right next to 105 FWY. Seller Motivated

Last Agent to Sell the Property

Susana Hernandez

Excellence RE Real Estate License #01029371 Listed on: 09/06/2018

Last Buyer's Agent

Victor Ambriz Jr

Keller Williams SELA License #00952349

Keller Williams SELA
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 12,751 Sq Ft Lot
  • 1 Common Wall
  • Density is 11-15 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,760 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 608
  • Tax Tract Number 2992
  • Assessor Parcel Number 6171022003

Community Details

Overview

  • 2 Buildings
  • 14 Units

Building Details

  • 14 Leased Units
  • 6 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $22,784
  • Fuel Expense $2,700
  • Insurance Expense $3,856
  • Maintenance Expense $2,640
  • Water Sewer Expense $9,965
  • New Taxes Expense $14,622
  • Operating Expense $36,567
  • Gross Income $145,800
  • Net Operating Income $109,233

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0.29 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 9965.00
  • Zoning: LYC2AY
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6171022003
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 310.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 11-15 Units/Acre
  • Lot Size Sq Ft: 12751.00
  • Lot Size Acres: 0.2927

Multi Family

  • Electric Expense: 22784.00
  • Fuel Expense: 2700.00
  • Gross Income: 145800.00
  • Gross Scheduled Income: 145800.00
  • Insurance Expense: 3856.00
  • Lot Size Area: 12751.0000 Square Feet
  • Maintenance Expense: 2640.00
  • Net Operating Income: 109233.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 14
  • Number Of Units Total: 14
  • Operating Expense: 36567.00
  • Rent Control: No
  • Total Expenses: 36567.00

Tax Info

  • New Taxes Expense: 14622.00
  • Tax Census Tract: 5405.01
  • Tax Lot: 608
  • Tax Tract Number: 2992

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
Jan 13, 2023
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
$1,960,000
Outstanding Balance
$1,876,427
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2020
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
$350,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2018
Closed on
Sep 26, 2019
Sold by
Bought by
Seller's Agent
Susana Hernandez
Excellence RE Real Estate
Buyer's Agent
Victor Ambriz Jr
Keller Williams SELA
List Price
$2,300,000
Sold Price
$2,100,000
Premium/Discount to List
-$200,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 27, 2012
Closed on
Dec 17, 2012
Sold by
Bought by
Seller's Agent
Sue Choi
Choice 100 Realty, Inc.
Buyer's Agent
Jed Luczynski
List Price
$995,000
Sold Price
$820,000
Premium/Discount to List
-$175,000
-17.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.67%
Original Mortgage
$150,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2012
Closed on
Dec 3, 2012
Sold by
Bought by
Seller's Agent
Sue Choi
Choice 100 Realty, Inc.
Buyer's Agent
Jed Luczynski
List Price
$995,000
Sold Price
$820,000
Premium/Discount to List
-$175,000
-17.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
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
$520,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2011
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
$500,000
Interest Rate
5.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2004
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
$655,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2004
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
$526,500
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 11, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 1999
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 1995
Sold by
Bought by

Purchase Details

Closed on
Sep 6, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lynwood, CA

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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
-- Orange Coast Title
-- Usa National Title Co
-- Old Republic Title Company
$2,100,000 Old Republic Title Company
-- Chicago Title Co
-- Chicago Title Company
$820,000 Chicago Title Company
-- Chicago Title Company
-- Stewart Title
$836,884 None Available
-- Fidelity National Title
$810,000 Stewart Title Company
$300,000 --
-- --
-- --
-- --
-- --
$150,000 Fidelity National Title Co
$250,000 Southern California Title Co
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 $1,960,000
Previous Owner $1,020,000
Previous Owner $350,000
Previous Owner $800,000
Previous Owner $150,000
Previous Owner $150,000
Previous Owner $520,000
Previous Owner $500,000
Previous Owner $760,000
Previous Owner $164,000
Previous Owner $655,000
Previous Owner $526,500
Previous Owner $40,000
Previous Owner $210,000
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
10/30/2019 10/30/19 Sold $2,100,000 0.0% $311 / Sq Ft
02/27/2019 02/27/19 Off Market $2,100,000 -- --
02/22/2019 02/22/19 For Sale $2,300,000 +9.5% $340 / Sq Ft
01/03/2019 01/03/19 Off Market $2,100,000 -- --
09/06/2018 09/06/18 For Sale $2,300,000 +180.5% $340 / Sq Ft
12/19/2012 12/19/12 Sold $820,000 -17.6% $141 / Sq Ft View Prior Sale
11/05/2012 11/05/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $995,000 -- $171 / 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 $35,082 $2,296,652 $1,749,832 $546,820
2024 $33,056 $2,251,621 $1,715,522 $536,099
2023 $32,810 $2,207,473 $1,681,885 $525,588
2022 $31,650 $2,164,190 $1,648,907 $515,283
2021 $30,493 $2,121,756 $1,616,576 $505,180
2020 $29,756 $2,100,000 $1,600,000 $500,000
2019 $15,983 $905,197 $441,561 $463,636
2018 $14,466 $887,449 $432,903 $454,546
2016 $13,486 $852,991 $416,094 $436,897
2015 $13,210 $840,179 $409,844 $430,335
2014 $12,902 $823,722 $401,816 $421,906
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18218181

California Regional Multiple Listing Service (CRMLS)
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