A
Seller's Agent in 2020
Athena Dinh
Dinhomes & Associates
1223 E 11th St Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $1,078,000 - $1,352,000
7
Beds
6
Baths
3,399
Sq Ft
$352/Sq Ft
Est. Value
Highlights
- Neighborhood Views
- Laundry Room
- 1-Story Property
- Long Beach Polytechnic High School Rated A
- Forced Air Heating System
- 3-minute walk to Douglas Macarthur Park
About This Home
As of December 2020All units can be delivered vacant. HUGE INCOME POTENTIAL, in the range of $7,000 a month. Great investment opportunity! Currently being used as 4 units. Zoning LBR2N. Property type: 2-4 units. Use code: duplex (any combination). The front house has 3 bedrooms, 2 bathrooms, plus a bonus room (about 1,165 square feet). Attached to the side of the front house is a studio with its own bathroom, kitchen, and a huge walk-in closet that is almost the size of a bedroom (about 450 square feet). To the front and the side of this building are two uncovered gated parking spaces. The front building was built in 1923. Per seller, the back building was added on in 1991. It is two-level; the top unit is a spacious 3 bedrooms, 2 bathrooms (about 1,200 square feet) with a long open patio area and its own washer and dryer hookups, and the bottom is a spacious 1 bedroom, 1 bathroom unit with a full kitchen (about 600 square feet). The two 2-car garages are attached to the back building. Per Apartments.com, rents for a 3brs/2bths are going between $2,213 to $2,525, and a 1br/1bt are going between $1,593 to $1,841, and studios are going between $1,150 to $1,450. The current owner lives in the front unit. Owner pays for gas, water, and sewer, which total to about $300 a month. This property is located in the heart of Long Beach, surrounded by mostly residential properties. Don't miss out on this great investment opportunity. Video here: https://www.youtube.com/watch?v=e_lWv_uPxYo
Last Agent to Sell the Property
Athena Dinh
Dinhomes & Associates License #01511025 Listed on: 06/22/2020
Last Buyer's Agent
Henry Hill
TXR Homes inc. License #01946917
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,340 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Open Parking Spaces
- 4 Car Garage
Interior Spaces
- 3,399 Sq Ft Home
- 1-Story Property
- Family Room with Fireplace
- Neighborhood Views
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Location
- Urban Location
Utilities
- Forced Air Heating System
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 3884
- Assessor Parcel Number 7267003036
Community Details
Overview
- 4 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 2, 2007
Sold by
Nou Samnang
Bought by
Nou Samnang and Vann Nary
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$408,482
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$787,213
Purchase Details
Closed on
Dec 27, 2005
Sold by
Vann Nary
Bought by
Nou Samnang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,800
Interest Rate
6.36%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2003
Sold by
Kuy Sovann
Bought by
Nou Samnang
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
5.71%
Purchase Details
Closed on
Jul 22, 1999
Sold by
In Vothy S
Bought by
Kuy Sovann
Purchase Details
Closed on
Dec 8, 1994
Sold by
Kuy Sovann
Bought by
In Vothy Say
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nou Samnang | -- | Old Republic Title Co O C | |
| Nou Samnang | -- | Investors Title Company | |
| Nou Samnang | $340,000 | United Title | |
| Kuy Sovann | -- | -- | |
| In Vothy Say | -- | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nou Samnang | $640,000 | |
| Closed | Nou Samnang | $550,800 | |
| Previous Owner | Nou Samnang | $323,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/23/2020 12/23/20 | Sold | $925,000 | -2.6% | $272 / Sq Ft |
| 11/07/2020 11/07/20 | Pending | -- | -- | -- |
| 09/07/2020 09/07/20 | Price Changed | $950,000 | -13.2% | $279 / Sq Ft |
| 06/22/2020 06/22/20 | For Sale | $1,095,000 | -- | $322 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,806 | $1,001,247 | $649,458 | $351,789 |
| 2024 | $12,806 | $981,616 | $636,724 | $344,892 |
| 2023 | $12,596 | $962,370 | $624,240 | $338,130 |
| 2022 | $11,826 | $943,500 | $612,000 | $331,500 |
| 2021 | $11,588 | $925,000 | $600,000 | $325,000 |
| 2020 | $5,972 | $450,253 | $178,775 | $271,478 |
| 2019 | $5,904 | $441,425 | $175,270 | $266,155 |
| 2018 | $5,667 | $432,771 | $171,834 | $260,937 |
| 2016 | $5,194 | $415,967 | $165,162 | $250,805 |
| 2015 | $4,990 | $409,720 | $162,682 | $247,038 |
| 2014 | $4,962 | $401,695 | $159,496 | $242,199 |
Source: Public Records
Agents Affiliated with this Home
-
-
Memorial Dinh
Seller Co-Listing Agent in 2020
Memorial Dinh
Epique Realty
(562) 253-9034
34 Total Sales
-
H
Buyer's Agent in 2020
Henry Hill
TXR Homes inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB20118830
APN: 7267-003-036
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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