NOT LISTED FOR SALE
9 Beds
12 Baths
5,682 Sq Ft
4,388 Sq Ft Lot

Sale Details

Date Sold: April 28, 2020

Last sale price $2,400,000 $422 Per Sq Ft

181 Days on Market

Highlights

  • Traditional Architecture
  • Park
  • Wrought Iron Fence
  • No HOA
  • Laundry Facilities

About This Home

As of April 2020

Welcome to the 1233-1245-1247 Daisy Triplex! This beautifully renovated building features on-site laundry and gated access for added peace of mind. Quick and easy access to nearby freeways and regional public transportation. Conveniently close to Downtown Long Beach attractions such as the Long Beach Convention Center, The Pike Outlets, Shoreline Village, and the Aquarium of the Pacific!

Last Agent to Sell the Property

Chuck Brewer

HomeSmart Realty Group License #01939550 Listed on: 06/03/2019

HomeSmart Realty Group

Last Buyer's Agent

Scott Burns

JMS Manage Sell PC License #01989612

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 4,388 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Apartment
  • Combination Foundation
  • Stucco

Interior Spaces

  • 5,682 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 12 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4211
  • Assessor Parcel Number 7271019013

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 13 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 13 Leased Units
  • 10 Separate Electric Meters
  • 13 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $7,200
  • Insurance Expense $2,640
  • Trash Expense $800
  • Water Sewer Expense $800
  • New Taxes Expense $31,000
  • Operating Expense $14,000
  • Gross Income $191,250
  • Net Operating Income $171,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

4,388 Sq Ft Lot

Listing Details

  • CapRate: 6.80
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Water Sewer Expenses: 800.00
  • Zoning: LBR4N
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7271019013
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 422.39

Exterior Features

  • Foundation: Combination
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4388.00
  • Lot Size Acres: 0.1007

Multi Family

  • Electric Expense: 7200.00
  • Gross Income: 191250.00
  • Gross Multiplier: 13.50
  • Gross Scheduled Income: 185500.00
  • Insurance Expense: 2640.00
  • Laundry Income: 200.00
  • Lot Size Area: 4388.0000 Square Feet
  • Net Operating Income: 171000.00
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 13
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 13
  • Number Of Units Total: 13
  • Number With Range: 13
  • Operating Expense: 14000.00
  • Rent Control: No
  • Total Actual Rent: 185448.00
  • Total Expenses: 14000.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 31000.00
  • Tax Census Tract: 5758.01
  • Tax Lot: 1
  • Tax Tract Number: 4211

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
Sep 20, 2019
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2010
Sold by
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
$321,300
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 6, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 26, 2007
Sold by
Bought by

Purchase Details

Closed on
May 12, 2003
Sold by
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
$301,000
Interest Rate
5.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2000
Sold by
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
$108,500
Interest Rate
8.24%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 1996
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$995,000 First American Title Company
$459,000 Chicago Title Company
-- None Available
-- None Available
-- None Available
-- North American Title Co
$155,000 North American Title Co
-- --
-- North American Title Co
-- North American Title Co
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 $1,530,000
Previous Owner $560,000
Previous Owner $450,000
Previous Owner $321,300
Previous Owner $301,000
Previous Owner $108,500
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
03/05/2025 03/05/25 Off Market $1,595 -- --
02/13/2025 02/13/25 For Rent $1,595 0.0% --
05/18/2024 05/18/24 Price Changed $1,595 -11.4% $3 / Sq Ft
04/05/2024 04/05/24 Price Changed $1,800 +29.0% $4 / Sq Ft
03/07/2024 03/07/24 Price Changed $1,395 +3.3% $3 / Sq Ft
02/28/2024 02/28/24 Price Changed $1,350 -3.2% $3 / Sq Ft
02/20/2024 02/20/24 For Rent $1,395 0.0% --
04/28/2020 04/28/20 Sold $2,400,000 -3.6% $422 / Sq Ft
04/16/2020 04/16/20 For Sale $2,490,000 0.0% $438 / Sq Ft
01/27/2020 01/27/20 For Sale $2,490,000 0.0% $438 / Sq Ft
01/03/2020 01/03/20 For Sale $2,490,000 0.0% $438 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
10/08/2019 10/08/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $2,490,000 -- $438 / 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
2025 $21,073 $1,536,568 $995,216 $541,352
2024 $20,159 $1,506,440 $975,702 $530,738
2023 $19,804 $1,476,903 $956,571 $520,332
2022 $18,593 $1,447,945 $937,815 $510,130
2021 $18,208 $1,419,555 $919,427 $500,128
2020 $7,751 $537,699 $374,869 $162,830
2019 $7,658 $527,157 $367,519 $159,638
2018 $7,436 $516,821 $360,313 $156,508
2016 $6,855 $496,755 $346,323 $150,432
2015 $6,600 $489,294 $341,121 $148,173
2014 $6,599 $479,710 $334,439 $145,271
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19111039

California Regional Multiple Listing Service (CRMLS)
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