Michelle Covington
Compass
(323) 416-3171
23 Total Sales
1 in Cambodia Town
$645,000 Price
1228 Raymond Ave Long Beach, CA 90804
Cambodia Town Neighborhood
3
Beds
3
Baths
4,020
Sq Ft
6,535
Sq Ft Lot
Highlights
- No HOA
- Laundry Facilities
- 1-Story Property
- Wilson High School Rated A
About This Home
As of January 2014**REDUCED AUG 7**The cleanest, most upgraded building of this vintage available. Within last few years: Complete plumbing replacement including main drain line, service lines and gas service, All new electrical panels and unit service, New vinyl windows, New exterior doors and security screens, Exterior stucco and paint, Security system, Tile throughout all units, Restroom and Kitchens all in good, serviceable condition. Roof is in very good condition. No rehabilitation necessary in any units or system. Buy it, manage properly and generate cash flow from day 1. Onsite laundry also featured
Last Agent to Sell the Property
Guido Haug
INCO Company License #00939437 Listed on: 05/15/2013
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,535 Sq Ft Lot
- No Common Walls
Interior Spaces
- 4,020 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 24
- Assessor Parcel Number 7260031011
Community Details
Overview
- No Home Owners Association
- 12 Units
Amenities
- Laundry Facilities
Building Details
- 12 Leased Units
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $550
- Insurance Expense $2,940
- Maintenance Expense $3,430
- Other Expense $700
- Pest Control $700
- Professional Management Expense $2,450
- Trash Expense $2,467
- Water Sewer Expense $2,008
- New Taxes Expense $12,096
- Gross Income $9,830
- Net Operating Income $90,057
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2013
Sold by
Doughball Inc
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
4.08%
Mortgage Type
Commercial
Purchase Details
Closed on
May 24, 2006
Sold by
Nantais Thomas M
Bought by
Doughball Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 25, 2003
Sold by
Bird Sandra M
Bought by
Nantais Thomas M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 20, 2002
Sold by
Wayman Jeffrey B and Wayman Catherine J
Bought by
Bird Sandra M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 1996
Sold by
Riherd James R
Bought by
302 & 304 Alpine Developers Llc
Purchase Details
Closed on
Oct 4, 1994
Sold by
Riherd James C and Riherd Florence K
Bought by
Riherd James C
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cambodia Town, CA
-
Michelle Covington
-
Albert Soto
Albert Soto
True Inmobiliaria
(657) 279-5316
87 Total Sales
1 in Cambodia Town
$580,000 Price
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
31 Total Sales
2 in Cambodia Town
$1,250,000 Price Range
-
Dave Chamberlain
Dave Chamberlain
Responds QuicklyTeam Chamberlain Realty Exe.
(657) 239-3671
131 Total Sales
1 in Cambodia Town
$632,500 Price
-
Michelle Carrillo
Michelle Carrillo
Responds QuicklyRealty One Group West
(424) 588-5489
31 Total Sales
1 in Cambodia Town
$750,000 Price
-
Cody Charnell
Cody Charnell
Responds QuicklySage Real Estate Group, Inc.
(424) 788-0870
52 Total Sales
2 in Cambodia Town
$1,600,000 Price Range
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $975,000 | Lawyers Title | ||
| Doughball Inc | $1,190,000 | Fidelity National Title Co | |
| Nantais Thomas M | $605,000 | Investors Title Company | |
| Bird Sandra M | $389,000 | Lawyers Title Company | |
| 302 & 304 Alpine Developers Llc | $175,000 | Old Republic Title | |
| Riherd James C | -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $712,000 | ||
| Closed | Ocean Structure Inc | $542,100 | |
| Previous Owner | Ocean Structure Inc | $712,000 | |
| Previous Owner | Doughball Inc | $532,000 | |
| Previous Owner | Doughball Inc | $825,000 | |
| Previous Owner | Nantais Thomas M | $680,000 | |
| Previous Owner | Bird Sandra M | $50,000 | |
| Previous Owner | Wayman Jeffrey B | $245,000 |
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 |
|---|---|---|---|---|
| 01/03/2014 01/03/14 | Sold | $950,000 | -12.0% | $236 / Sq Ft |
| 09/23/2013 09/23/13 | Pending | -- | -- | -- |
| 05/15/2013 05/15/13 | For Sale | $1,080,000 | -- | $269 / 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 |
|---|---|---|---|---|
| 2026 | $17,243 | $1,219,107 | $750,222 | $468,885 |
| 2025 | $17,243 | $1,195,204 | $735,512 | $459,692 |
| 2024 | $16,494 | $1,171,770 | $721,091 | $450,679 |
| 2023 | $16,191 | $1,148,795 | $706,952 | $441,843 |
| 2022 | $15,220 | $1,126,271 | $693,091 | $433,180 |
| 2021 | $14,884 | $1,104,188 | $679,501 | $424,687 |
| 2019 | $14,670 | $1,072,400 | $659,348 | $413,052 |
| 2018 | $14,258 | $1,051,392 | $646,420 | $404,972 |
| 2016 | $13,146 | $1,009,645 | $621,320 | $388,325 |
| 2015 | $12,638 | $994,480 | $611,988 | $382,492 |
| 2014 | -- | $1,326,601 | $501,655 | $824,946 |
Source: Public Records
Agents Affiliated with this Home
-
GH
Seller's Agent in 2014
Guido Haug
INCO Company
-
Shaun Hurley
Buyer's Agent in 2014
Shaun Hurley
Coldwell Banker Realty
(949) 463-4663
59 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13115690
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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