NOT LISTED FOR SALE

123 E Eldridge St Long Beach, CA 90807

Memorial Heights Neighborhood

Estimated Value: $821,000 - $1,254,000

4 Beds
3 Baths
2,018 Sq Ft
$487/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $620,000 $307 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,911/month

23 Days on Market

Highlights

  • Private Pool
  • Laundry Room
  • Level Lot
  • Hughes Middle School Rated A-

About This Home

As of June 2018

Two on a lot! The main house is 4 bedroom, two bath and there is a 1 bedroom 1 bath small home in front. The larger home has an open floorplan with a great room/kitchen combination. The units are divided by a sunny patio and a sparkling pool and there is a two car garage in front. Square footage calculation is taken from an appraisal and should be verified by buyer but is estimated as 1,458 for the main home and 572 for the front unit. The home is conveniently located in Wrigley: freeway close and near DTLB. Great potential is this original home. In need of TLC and upgrading but full of possibilities.

Last Agent to Sell the Property

Costanza Genoese Zerbi

eXp Realty of Greater Los Angeles License #01941438 Listed on: 04/28/2018

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Eric Orantes

Keller Williams Pacific Estates Cerritos License #02056923

Keller Williams Pacific Estates Cerritos

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 5,980 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 2,018 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Private Pool
  • Private Water Source

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 5722
  • Assessor Parcel Number 7206010019

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 1958

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Zoning: LBR34
  • Property Type: Residential Income
  • Parcel Number: 7206010019
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 307.23

Exterior Features

  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5980.00

Multi Family

  • 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 Census Tract: 5722.01
  • Tax Lot: 34
  • Tax Tract Number: 5722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2020
Sold by
Lopez Gilbert Ruben and Lopez Martha
Bought by
Lopez Gilbert Ruben and Lopez Martha
Current Estimated Value
$983,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,600
Outstanding Balance
$539,976
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$443,027

Purchase Details

Closed on
Jul 29, 2020
Sold by
Lopez Katherine
Bought by
Lopez Gilbert Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,600
Outstanding Balance
$539,976
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$443,027

Purchase Details

Listed on
Apr 28, 2018
Closed on
May 11, 2018
Sold by
Unabia Maribeth T
Bought by
Lopez Gilbert and Lopez Martha M
Seller's Agent
Costanza Genoese Zerbi
eXp Realty of Greater Los Angeles
Buyer's Agent
Eric Orantes
Keller Williams Pacific Estates Cerritos
List Price
$575,000
Sold Price
$620,000
Premium/Discount to List
$45,000
7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$608,770
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 26, 2014
Sold by
Unabia Don
Bought by
Unabia Maribeth T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Gilbert Ruben -- Westminster Title Co Inc
Lopez Gilbert Ruben -- Westminster Title Co Inc
Lopez Gilbert $620,000 First American Title Company
Unabia Maribeth T -- First American Title
Unabia Maribeth T -- First American Title
Arquero Maribel -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Gilbert Ruben $609,600
Closed Lopez Gilbert $608,770
Previous Owner Arquero Maribel $325,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $620,000 +7.8% $307 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $575,000 -- $285 / 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 $9,135 $705,451 $341,347 $364,104
2024 $9,135 $691,619 $334,654 $356,965
2023 $8,984 $678,059 $328,093 $349,966
2022 $8,439 $664,764 $321,660 $343,104
2021 $8,270 $651,730 $315,353 $336,377
2020 $8,249 $645,048 $312,120 $332,928
2019 $8,154 $632,400 $306,000 $326,400
2018 $5,722 $443,631 $211,253 $232,378
2016 $5,259 $426,405 $203,050 $223,355
2015 $5,050 $420,000 $200,000 $220,000
2014 $2,195 $170,245 $48,891 $121,354
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Costanza Genoese Zerbi

    eXp Realty of Greater Los Angeles

    (562) 221-4527

    331 Total Sales

    Costanza Genoese Zerbi
    Section Image

  • E

    Buyer's Agent in 2018

    Eric Orantes

    Keller Williams Pacific Estates Cerritos

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18090475

California Regional Multiple Listing Service (CRMLS)

APN: 7206-010-019

California Los Angeles County Long Beach 90807 Memorial Heights

123 E Eldridge St, Long Beach, CA

Not Listed for Sale

MultiFamily

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