NOT LISTED FOR SALE

1202 Olive Ave Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $691,362 - $1,051,000

4 Beds
3 Baths
2,256 Sq Ft
$414/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $300,000 $133 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $5,332/month

209 Days on Market

Highlights

  • Wood Siding
  • Carpet
  • No Heating
  • Long Beach Polytechnic High School Rated A

About This Home

As of November 2012

THIS PROPERTY CONSIST OF 3 UNITS. FRONT UNIT IS A DETACHED TWO BEDROOMS AND ONE BATHROOM. THE TWO BACK UNITS ARE ONE BEDROOM AND ONE BATHROOM EACH. THIS PROPERTY IS A FIXER UPER.

Last Agent to Sell the Property

Luis Flores

The Real Estate Solution License #01379309 Listed on: 03/09/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,541

Parking

  • 2 Parking Spaces

Home Design

  • 2,256 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 6,541 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 0.1
  • Tax Tract Number 5763
  • Assessor Parcel Number 7274004006

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7274004006
  • Year Built: 1921
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 132.98

Exterior Features

  • Pool Private: No
  • Roof: Shingle, Composition
  • Spa: No
  • Construction Materials: Brick, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6541.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Multiplier: 220.71
  • Gross Scheduled Income: 1400.00
  • Lot Size Area: 6541.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2300.00

Tax Info

  • Tax Area: 11933
  • Tax Lot: 0.1
  • Tax Tract Number: 5763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
1202 Olive Llc
Bought by
Gonzalez Sou Guek
Current Estimated Value
$934,841

Purchase Details

Closed on
Feb 29, 2024
Sold by
Gonzalez Sou Guek
Bought by
1202 Olive Llc

Purchase Details

Closed on
Jul 13, 2012
Sold by
Garcia Celia
Bought by
Tieng Sou Guck

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2007
Sold by
Garcia Celia
Bought by
Garcia Juan

Purchase Details

Closed on
Dec 27, 2004
Sold by
Garcia Juan
Bought by
Garcia Juan and Garcia Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2003
Sold by
Garcia Juan and Garcia Celia
Bought by
Garcia Juan and Garcia Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2001
Sold by
Garcia Maria Herlinda
Bought by
Garcia Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,728
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 1995
Sold by
Cobb Carolyn and Cobb Charles
Bought by
Garcia Juan and Garcia Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,303
Interest Rate
8.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1995
Sold by
Thompson Bobby E
Bought by
Thompson Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,303
Interest Rate
8.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gonzalez Sou Guek -- None Listed On Document
Gonzalez Sou Guek -- None Listed On Document
1202 Olive Llc -- None Listed On Document
Tieng Sou Guck $300,000 None Available
Garcia Juan -- None Available
Garcia Juan -- Chicago Title Co
Garcia Juan -- Chicago Title Company
Garcia Juan -- Chicago Title Co
Garcia Francisco -- American Title Co
Garcia Juan $119,000 North American Title Company
Thompson Bernice -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tieng Sou Guck $225,000
Previous Owner Garcia Juan $323,000
Previous Owner Garcia Juan $188,000
Previous Owner Garcia Francisco $123,728
Previous Owner Garcia Juan $118,303
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $300,000 +57.9% $133 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $190,000 -- $84 / 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 $5,212 $948,600 $612,000 $336,600
2024 $5,212 $362,173 $253,524 $108,649
2023 $5,122 $355,072 $248,553 $106,519
2022 $4,824 $348,111 $243,680 $104,431
2021 $4,717 $341,286 $238,902 $102,384
2020 $4,704 $337,788 $236,453 $101,335
2019 $4,651 $331,166 $231,817 $99,349
2018 $4,425 $324,673 $227,272 $97,401
2016 $4,069 $312,068 $218,448 $93,620
2015 $3,913 $307,381 $215,167 $92,214
2014 $3,901 $301,361 $210,953 $90,408
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Luis Flores

    The Real Estate Solution

    (562) 209-2236

    12 Total Sales

    Luis Flores
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1201432

California Regional Multiple Listing Service (CRMLS)

APN: 7274-004-006

California Los Angeles County Long Beach 90813 Saint Mary's

1202 Olive Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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