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

Sale Details

Date Sold: September 2, 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

5,879 Sq Ft Lot

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

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
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

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 $8,046 $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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