NOT LISTED FOR SALE

Estimated Value: $597,000 - $736,000

3 Beds
2 Baths
1,002 Sq Ft
$647/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $535,000 $534 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,997/month

7 Days on Market

Highlights

  • Back Yard
  • 1-Story Property
  • 2-minute walk to Rosa Parks Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of September 2022

Great Investment property!!! 2 separate units in a desirable rental area of Long beach. Walking distance to Long Beach Poly High school. Front unit consists of 2 bedrooms 1 bath with private parking. Rear unit is a 1 bedroom 1 bath with own entrance from alley.

Last Agent to Sell the Property

Armando Perez

Excellence RE Real Estate, Inc. License #01352900 Listed on: 08/12/2022

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Rafaela Perez

Excellence RE Real Estate, Inc. License #01454597

Excellence RE Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 3,992 Sq Ft Lot
  • No Common Walls
  • Back Yard

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 24 / D
  • Assessor Parcel Number 7268027018

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Poly High Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR34
  • Property Type: Residential Income
  • Parcel Number: 7268027018
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 533.93

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 3992.00
  • Lot Size Acres: 0.0916
  • Latitude Manual: 33.78821800

Multi Family

  • Lot Size Area: 3992.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: D
  • Tax Census Tract: 5752.01
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2015
Sold by
Siebert Paul Y and Siebert Sally P
Bought by
Siebert Family Trust
Current Estimated Value
$648,363

Purchase Details

Closed on
Feb 24, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Siebert Paul Y and Siebert Sally P

Purchase Details

Closed on
Nov 7, 2008
Sold by
Mcfadden Michael B
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Apr 17, 2006
Sold by
Hart Joerene
Bought by
Mcfadden Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
7.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 2005
Sold by
Mantilla Marietta C
Bought by
Hart Joerene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,550
Interest Rate
8.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 12, 2004
Sold by
Mantilla Gabriel
Bought by
Mantilla Marietta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2004
Sold by
Chan Leng and Kong Janet
Bought by
Mantilla Marietta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 2001
Sold by
Household Finance Corp Of California
Bought by
Chan Leng and Kong Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,867
Interest Rate
7.08%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2000
Sold by
Urbina Cecilia
Bought by
Household Finance Corp Of California

Purchase Details

Closed on
Feb 25, 1997
Sold by
Griffin Larry L and Griffin Sally Ann
Bought by
Urbina Cecilia and Catalan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,530
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 1997
Sold by
Urbina Fernando
Bought by
Urbina Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,530
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 21, 1997
Sold by
Mancia Juan Antonio
Bought by
Mancia Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,530
Interest Rate
7.86%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1996
Sold by
North American Mtg Company
Bought by
Griffin Larry L and Griffin Sally Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.3%

Purchase Details

Closed on
Aug 22, 1996
Sold by
Valdivia Nixon Cabrera and North American Mtg Company
Bought by
North American Mtg Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.3%

Purchase Details

Closed on
Sep 1, 1994
Sold by
Evangelista Gus
Bought by
Valdivia Nixon Cabrera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
8.6%
Source: Public Records

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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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
Siebert Family Trust -- None Available
Siebert Paul Y $150,000 Lsi Title Company
Hsbc Bank Usa National Association $250,750 None Available
Mcfadden Michael B $465,000 Alliance Title Company
Hart Joerene $449,500 Chicago Title Co
Mantilla Marietta C -- Landwood Title Company
Mantilla Marietta C $340,000 Landwood Title Company
Chan Leng $138,000 Lawyers Title Company
Household Finance Corp Of California $143,895 --
Urbina Cecilia $120,000 --
Urbina Cecilia -- --
Mancia Silvia -- --
Griffin Larry L $40,000 --
North American Mtg Company $80,000 Stewart Title
Valdivia Nixon Cabrera $135,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcfadden Michael B $372,000
Previous Owner Hart Joerene $404,550
Previous Owner Mantilla Marietta C $272,000
Previous Owner Chan Leng $135,867
Previous Owner Urbina Cecilia $119,530
Previous Owner Griffin Larry L $40,000
Previous Owner Valdivia Nixon Cabrera $128,250
Closed Mantilla Marietta C $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $535,000 0.0% $534 / Sq Ft
08/22/2022 08/22/22 Off Market $535,000 -- --
08/19/2022 08/19/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $574,999 -- $574 / 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 $7,198 $556,614 $390,150 $166,464
2024 $7,198 $545,700 $382,500 $163,200
2023 $7,076 $535,000 $375,000 $160,000
2022 $2,571 $182,011 $133,478 $48,533
2021 $2,514 $178,443 $130,861 $47,582
2020 $2,508 $176,615 $129,520 $47,095
2019 $2,479 $173,153 $126,981 $46,172
2018 $2,348 $169,759 $124,492 $45,267
2016 $2,163 $163,168 $119,658 $43,510
2015 $2,081 $160,718 $117,861 $42,857
2014 $2,077 $157,571 $115,553 $42,018
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22178432

California Regional Multiple Listing Service (CRMLS)

APN: 7268-027-018