NOT LISTED FOR SALE

122 E 56th St Long Beach, CA 90805

Dairy Neighborhood

Estimated Value: $714,000 - $817,000

3 Beds
2 Baths
1,448 Sq Ft
$536/Sq Ft Est. Value

Last Sold February 02, 2015

Last sale price $400,000 $276 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,596/month

40 Days on Market

Highlights

  • Bonus Room
  • Cooling Available
  • Accessible Parking
  • Private Yard
  • Laundry Room
  • Tile Flooring

About This Home

As of February 2015

Well kept, duplex with a bonus room with bathroom. New roof , cooper plumbing, newer electrical, separate laundry hook ups, newer windows, recently painted and installed recess lighting , 2 car garage and long drive way for RV parking. Nice for big Families and or for investment.

Last Agent to Sell the Property

Alex Palacios

Y Realty License #01327897 Listed on: 12/13/2014

Last Buyer's Agent

BENJAMIN HUNG

HUNG REALTY License #01863496

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,858 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Copper Plumbing

Interior Spaces

  • 1,448 Sq Ft Home
  • Bonus Room
  • Tile Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling Available
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7126018004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7126018004
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Full
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 276.24
  • Room Type: Bonus Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Laundry Features: Inside, Outside
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5858.00
  • Lot Size Acres: 0.1340

Multi Family

  • Lot Size Area: 5858.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2018
Sold by
Chow
Bought by
Chow
Current Estimated Value
$775,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.58%

Purchase Details

Listed on
Dec 13, 2014
Closed on
Jan 7, 2015
Sold by
Fabiola Martinez Rogelio and Fabiola Klartinez
Bought by
Chow Marvin Ying Lin
Seller's Agent
Alex Palacios
Y Realty
Buyer's Agent
BENJAMIN HUNG
HUNG REALTY
List Price
$409,000
Sold Price
$400,000
Premium/Discount to List
-$9,000
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Mar 19, 2004
Sold by
Rodriguez Jesus
Bought by
Martinez Rogelio and Martinez Fabiola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,100
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Rodriguez Jesus and Gutierrez Davide
Bought by
Rodriguez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2000
Sold by
American Opportunity Foundation Inc
Bought by
Rodriguez Jesus and Gutierrez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,967
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 1999
Sold by
Hud
Bought by
American Opportunity Foundation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,458
Interest Rate
7.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1998
Sold by
Beuford Bridget
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 29, 1998
Sold by
Beuford Bridget
Bought by
Estrada Alan

Purchase Details

Closed on
Feb 3, 1998
Sold by
Beuford Bridget
Bought by
Beach David

Purchase Details

Closed on
May 3, 1995
Sold by
Correa Hector J S and Correa Ruth E
Bought by
Beuford Bridget

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,601
Interest Rate
8.36%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1994
Sold by
Yamada Douglas K
Bought by
Correa Hector J S and Correa Ruth E

Purchase Details

Closed on
Sep 29, 1994
Sold by
Correa Hector J S and Correa Ruth E
Bought by
Yamada Douglas K

Purchase Details

Closed on
Sep 25, 1909
Sold by
Countrywide Home Loans Inc
Bought by
Hud
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
Chow -- --
Chow Marvin Ying Lin $400,000 North American Title Company
Martinez Rogelio $358,000 Old Republic Title Company
Rodriguez Jesus -- Landsafe Title
Rodriguez Jesus $187,500 --
American Opportunity Foundation Inc $135,500 Provident Title
Countrywide Home Loans Inc $184,423 Landsafe Title
Estrada Alan -- --
Beach David -- --
Beuford Bridget $162,000 Stewart Title Co
Correa Hector J S -- --
Yamada Douglas K -- --
Hud -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chow --
Previous Owner Martinez Rogelio $340,100
Previous Owner Rodriguez Jesus $222,400
Previous Owner Rodriguez Jesus $185,967
Previous Owner American Opportunity Foundation Inc $170,458
Previous Owner Beuford Bridget $158,601
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2015 02/02/15 Sold $400,000 -2.2% $276 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
12/13/2014 12/13/14 For Sale $409,000 -- $282 / 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 $6,360 $480,734 $240,367 $240,367
2024 $6,360 $471,308 $235,654 $235,654
2023 $6,253 $462,068 $231,034 $231,034
2022 $5,878 $453,008 $226,504 $226,504
2021 $5,760 $444,126 $222,063 $222,063
2020 $5,745 $439,574 $219,787 $219,787
2019 $5,679 $430,956 $215,478 $215,478
2018 $5,433 $422,506 $211,253 $211,253
2016 $4,999 $406,100 $203,050 $203,050
2015 $4,327 $365,000 $200,000 $165,000
2014 $4,384 $365,000 $200,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alex Palacios

    Y Realty

    (562) 431-2011

    26 Total Sales

    Alex Palacios
    Section Image

  • B

    Buyer's Agent in 2015

    BENJAMIN HUNG

    HUNG REALTY

    (626) 278-9393

    8 Total Sales

    BENJAMIN HUNG
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14257997

California Regional Multiple Listing Service (CRMLS)

APN: 7126-018-004

California Los Angeles County Long Beach 90805 Dairy

122 E 56th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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