NOT LISTED FOR SALE

1229 E Harding St Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $792,000 - $891,000

4 Beds
2 Baths
1,458 Sq Ft
$575/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $575,000 $394 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,073/month

15 Days on Market

Highlights

  • Property is near public transit
  • Park
  • 1-Story Property
  • Private Yard
  • Laundry Room

About This Home

As of November 2019

Hard to find Duplex in North Long beach, Ca. The front unit consists of 2 bedrooms, 2 bath's with a large den currently used a bedroom, the second unit has it's own entrance and has 2 bedrooms 1 bath. Two separate yards, a 2 car garage, lovely curb appeal. This property is centrally located between cherry and orange; close to schools, shopping, public transport. What more can you want? Property will be delivered vacant.

Last Agent to Sell the Property

Coral Romero

Good Opportunity Company Inc. License #01914785 Listed on: 10/03/2019

Last Buyer's Agent

Johanna Alvarez

Team Investors Realty License #01844603

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,319 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Lawn
  • Garden
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 29 / A
  • Tax Tract Number 7595
  • Assessor Parcel Number 7118009028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Trash Expense $1,685
  • Water Sewer Expense $1,740
  • New Taxes Expense $5,265
  • Operating Expense $10,490
  • Gross Income $55,800
  • Net Operating Income $45,310

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1740.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7118009028
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 394.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1685.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Garden, Lawn, Near Public Transit, Walkstreet, Yard
  • Lot Size Sq Ft: 5319.00
  • Lot Size Acres: 0.1221

Multi Family

  • Gross Income: 55800.00
  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 5319.0000 Square Feet
  • Net Operating Income: 45310.00
  • 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: 10490.00
  • Rent Control: No
  • Total Expenses: 10490.00

Tax Info

  • New Taxes Expense: 5265.00
  • Tax Block: A
  • Tax Census Tract: 5705.01
  • Tax Lot: 29
  • Tax Tract Number: 7595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2024
Sold by
Hernandez Veronica
Bought by
2024 Veronica Hernandez Separate Property Fam and Hernandez
Current Estimated Value
$838,973

Purchase Details

Listed on
Oct 3, 2019
Closed on
Nov 6, 2019
Sold by
Tamayo Saul Perez
Bought by
Hernandez Veronica
Seller's Agent
Coral Romero
Good Opportunity Company Inc.
Buyer's Agent
Johanna Alvarez
Team Investors Realty
List Price
$526,500
Sold Price
$575,000
Premium/Discount to List
$48,500
9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$564,585
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2015
Sold by
Perez Enrique and Perez Leticia
Bought by
Tamayo Saul Perez

Purchase Details

Closed on
Sep 26, 2012
Sold by
Perez Enrique and Perez Leticia
Bought by
Perez Enrique and Perez Leticia

Purchase Details

Closed on
Aug 31, 2004
Sold by
Camarillo Jose and Camarillo Esperanza
Bought by
Perez Enrique and Perez Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Rosales Cesar
Bought by
Camarillo Jose and Camarillo Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,791
Interest Rate
7.13%

Purchase Details

Closed on
Nov 26, 1997
Sold by
Federal National Mortgage Association
Bought by
Camarillo Jose and Camarillo Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1997
Sold by
Rueda Rodolfo G and Rueda Alma D
Bought by
Federal National Mortgage Association
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
2024 Veronica Hernandez Separate Property Fam -- None Listed On Document
Hernandez Veronica $575,000 Pacific Coast Title
Tamayo Saul Perez -- None Available
Perez Enrique -- None Available
Perez Enrique $435,000 Fidelity National Title Comp
Camarillo Jose -- Fidelity National Title
Camarillo Jose $135,000 Investors Title Company
Federal National Mortgage Association $118,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Veronica $564,585
Previous Owner Perez Enrique $348,000
Previous Owner Camarillo Jose $192,791
Previous Owner Camarillo Jose $132,500
Closed Perez Enrique $87,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $575,000 0.0% $394 / Sq Ft
10/12/2019 10/12/19 Off Market $575,000 -- --
10/03/2019 10/03/19 For Sale $526,500 -- $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 $8,128 $628,844 $328,093 $300,751
2024 $8,128 $616,514 $321,660 $294,854
2023 $7,992 $604,426 $315,353 $289,073
2022 $7,505 $592,575 $309,170 $283,405
2021 $7,357 $580,957 $303,108 $277,849
2020 $7,338 $575,000 $300,000 $275,000
2019 $6,723 $520,000 $285,000 $235,000
2018 $6,608 $520,000 $285,000 $235,000
2016 $4,645 $375,642 $203,050 $172,592
2015 $4,461 $370,000 $200,000 $170,000
2014 -- $370,000 $200,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Coral Romero

    Seller's Agent in 2019

    Coral Romero

    Good Opportunity Company Inc.

    (323) 395-6485

    38 Total Sales

    Coral Romero
    Section Image

  • J

    Buyer's Agent in 2019

    Johanna Alvarez

    Team Investors Realty

    (562) 334-7181

    18 Total Sales

    Johanna Alvarez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19234727

California Regional Multiple Listing Service (CRMLS)

APN: 7118-009-028

California Los Angeles County Long Beach 90805 Nehyam

1229 E Harding St, Long Beach, CA

Not Listed for Sale

MultiFamily

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