NOT LISTED FOR SALE

1219 E Werner St Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $630,550 - $710,000

2 Beds
2 Baths
1,276 Sq Ft
$526/Sq Ft Est. Value

Last Sold December 26, 2013

Last sale price $265,000 $208 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $3,894/month

17 Days on Market

About This Home

As of December 2013

Spanish bungalow duplex near city center! Two 1 bedroom units. Fully occupied with long term tenants. Backyard area with a shared 2 car garage. Near Long Beach City College PCC campus, shopping, restaurants, transportation and MacArthur Park! Upside on rents! Great for 1st time buyers with rental income or starter investment!

Last Agent to Sell the Property

Marna Brennan

Marna Brennan, Broker License #01262182 Listed on: 11/08/2013

Last Buyer's Agent

Hanna Rubinstein

Berkshire Hathaway HomeServices California Properties License #01308588

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1923

Lot Details

  • 3,583 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,276 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 4011
  • Assessor Parcel Number 7268042013

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $3,525
  • Gross Income $1,175
  • Net Operating Income $10,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,380

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7268042013
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 207.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3583.00
  • Lot Size Acres: 0.0820

Multi Family

  • Gross Income: 1175.00
  • Gross Scheduled Income: 14100.00
  • Lot Size Area: 3583.0000 Square Feet
  • Net Operating Income: 10575.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3525.00
  • Operating Expense Percent: 25.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3525.00
  • Tax Lot: 12
  • Tax Tract Number: 4011
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2018
Sold by
Heng Sangvavann
Bought by
Heng Sangvavann and The Sangvavann Vann Heng Revoc
Current Estimated Value
$670,888

Purchase Details

Listed on
Nov 8, 2013
Closed on
Nov 26, 2013
Sold by
Boden Gerald E and Boden Deborah L
Bought by
Ung Nareth and Heng Sangvavann
Seller's Agent
Marna Brennan
Marna Brennan, Broker
Buyer's Agent
Hanna Rubinstein
Berkshire Hathaway HomeServices California Properties
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$185,500
Outstanding Balance
$50,438
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$620,450
Source: Public Records

Range of Values:

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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
Heng Sangvavann -- None Available
Heng Sangvavann -- None Available
Ung Nareth $265,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ung Nareth $185,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2013 12/26/13 Sold $265,000 -11.4% $208 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $299,000 -- $234 / 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 $4,380 $324,843 $122,581 $202,262
2024 $4,380 $318,475 $120,178 $198,297
2023 $4,304 $312,231 $117,822 $194,409
2022 $4,047 $306,110 $115,512 $190,598
2021 $3,961 $300,109 $113,248 $186,861
2019 $3,905 $291,209 $109,890 $181,319
2018 $3,759 $285,500 $107,736 $177,764
2016 $3,459 $274,415 $103,553 $170,862
2015 $3,323 $270,294 $101,998 $168,296
2014 $3,308 $265,000 $100,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Marna Brennan

    Seller's Agent in 2013

    Marna Brennan

    Marna Brennan, Broker

    (562) 621-0903

    Marna Brennan
    Section Image

  • H

    Buyer's Agent in 2013

    Hanna Rubinstein

    Berkshire Hathaway HomeServices California Properties

    (562) 596-9911

    14 Total Sales

    Hanna Rubinstein
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13227887

California Regional Multiple Listing Service (CRMLS)

APN: 7268-042-013

California Los Angeles County Long Beach 90813 Cambodia Town

1219 E Werner St, Long Beach, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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