NOT LISTED FOR SALE
-- Bed
-- Bath
3,958 Sq Ft
5,879 Sq Ft Lot

Last Sold September 02, 2012

Last sale price $440,000 $111 Per Sq Ft

131 Days on Market

Highlights

  • No Heating
  • Long Beach Polytechnic High School Rated A
  • 2-minute walk to Craftsman Village Park

About This Home

As of September 2012

5 unit multi family property. 1 house and a four unit building. Gated parking in rear of building.

Last Agent to Sell the Property

Craig Boardman

Sea Point Capital License #00780256 Listed on: 04/05/2012

Last Buyer's Agent

Kimchi CongTon

Superior Real Estate Group License #01012311

Superior Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 5,879 Sq Ft Lot
  • Property fronts an alley

Parking

  • 4 Parking Spaces

Home Design

  • 3,958 Sq Ft Home
  • Stucco

Utilities

  • No Heating
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 0.1 / I
  • Tax Tract Number 1950
  • Assessor Parcel Number 7267022003

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Insurance Expense $1,650
  • Pest Control $640
  • Trash Expense $204
  • Water Sewer Expense $3,306
  • New Taxes Expense $5,874
  • Gross Income $4,950
  • Net Operating Income $43,401

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.24
  • Road Frontage Type: Alley
  • View: No
  • Water Sewer Expenses: 3306.00
  • Property Type: Residential Income
  • Parcel Number: 7267022003
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 111.17

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Appliances: Gas Water Heater
  • Pest Control Expense: 640.00
  • Trash Expense: 204.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5879.00
  • Lot Size Acres: 0.1350

Multi Family

  • Gross Income: 4950.00
  • Gross Multiplier: 7.91
  • Gross Scheduled Income: 59400.00
  • Insurance Expense: 1650.00
  • Lot Size Area: 5879.0000 Square Feet
  • Net Operating Income: 43401.00
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 13029.00

Tax Info

  • New Taxes Expense: 5874.00
  • Tax Area: 11933
  • Tax Block: I
  • Tax Lot: 0.1
  • Tax Tract Number: 1950
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2012 09/02/12 Sold $440,000 -6.4% $111 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $469,900 -- $119 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,674 $541,816 $381,737 $160,079
2024 $7,674 $531,193 $374,252 $156,941
2023 $7,539 $520,778 $366,914 $153,864
2022 $7,099 $510,568 $359,720 $150,848
2021 $6,933 $500,558 $352,667 $147,891
2019 $6,835 $485,712 $342,207 $143,505
2018 $6,568 $476,190 $335,498 $140,692
2017 $6,498 $466,854 $328,920 $137,934
2016 $6,034 $457,701 $322,471 $135,230
2015 $5,804 $450,827 $317,628 $133,199
2014 $5,788 $441,997 $311,407 $130,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P817963

California Regional Multiple Listing Service (CRMLS)
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