NOT LISTED FOR SALE

1229 E 59th St Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $715,000 - $912,000

3 Beds
3 Baths
1,494 Sq Ft
$563/Sq Ft Est. Value

Last Sold April 23, 2019

Last sale price $562,000 $376 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,075/month

17 Days on Market

Highlights

  • City Lights View
  • 1 Car Attached Garage
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2019

This home is located at 1229 E 59th St, Long Beach, CA 90805 since 22 February 2019 and is currently estimated at $840,842, approximately $562 per square foot. This property was built in 1929. 1229 E 59th St is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Lindbergh STEM Academy, and Jordan High School.

Last Agent to Sell the Property

Arthur Gijon

MILLENIA REAL ESTATE License #01709225 Listed on: 02/22/2019

Last Buyer's Agent

Ivan Valenzuela

LPT Realty,Inc License #02008509

LPT Realty,Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,598 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Attached Garage

Home Design

  • Triplex

Interior Spaces

  • 1,494 Sq Ft Home
  • Living Room with Fireplace
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 96
  • Tax Tract Number 7225
  • Assessor Parcel Number 7123010011

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 7123010011
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1494.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 376.17
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4598.00
  • Lot Size Acres: 0.1056

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4598.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5705.01
  • Tax Lot: 96
  • Tax Tract Number: 7225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 15, 2019
Sold by
Garcia Jose and Garcia Olympia
Bought by
Bao Buu Brian
Seller's Agent
Arthur Gijon
MILLENIA REAL ESTATE
Buyer's Agent
Ivan Valenzuela
LPT Realty,Inc
List Price
$540,000
Sold Price
$562,000
Premium/Discount to List
$22,000
4.07%
Current Estimated Value
$840,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,842
Avg. Annual Appreciation
6.21%
Original Mortgage
$562,000
Outstanding Balance
$494,094
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$346,748

Purchase Details

Closed on
Sep 25, 2003
Sold by
Garcia Jose and Garcia Olympia
Bought by
Garcia Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1996
Sold by
Troncoso Camilo N
Bought by
Garcia Jose and Garcia Olympia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,929
Interest Rate
7.41%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Bao Buu Brian $562,000 Ticor Title Co
Garcia Jose -- Southland Title Corporation
Garcia Jose $142,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bao Buu Brian $562,000
Previous Owner Garcia Jose $136,000
Previous Owner Garcia Jose $139,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2019 04/23/19 Sold $562,000 +4.1% $376 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $540,000 -- $361 / 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 $8,200 $626,918 $334,654 $292,264
2024 $8,200 $614,627 $328,093 $286,534
2023 $8,059 $602,576 $321,660 $280,916
2022 $7,568 $590,761 $315,353 $275,408
2021 $7,414 $579,178 $309,170 $270,008
2020 $7,395 $573,240 $306,000 $267,240
2019 $3,576 $253,504 $135,310 $118,194
2018 $3,448 $248,534 $132,657 $115,877
2016 $3,177 $238,884 $127,506 $111,378
2015 $3,056 $235,296 $125,591 $109,705
2014 $3,051 $230,688 $123,131 $107,557
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Arthur Gijon

    MILLENIA REAL ESTATE

    (323) 327-7872

    15 Total Sales

    Arthur Gijon
    Section Image
  • Ivan Valenzuela

    Buyer's Agent in 2019

    Ivan Valenzuela

    LPT Realty,Inc

    (619) 791-6303

    22 Total Sales

    Ivan Valenzuela
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19040611

California Regional Multiple Listing Service (CRMLS)

APN: 7123-010-011

California Los Angeles County Long Beach 90805 Nehyam

1229 E 59th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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