NOT LISTED FOR SALE

Estimated Value: $1,034,000 - $1,375,000

6 Beds
5 Baths
3,419 Sq Ft
$340/Sq Ft Est. Value

Last Sold May 14, 2015

Last sale price $750,000 $219 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,852/month

74 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • 0.23 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • All Bedrooms Downstairs
  • 3-minute walk to Rosa Parks Park

About This Home

As of May 2015

Custom Built Classic Craftsman Style Home - 2 Houses on a lot - 10,000 SF Lot. The Owner Units features : New Hardwood Flooring Throughout the House, Tank less Water Heater, High Energy Efficient Solar Panel, Central Heating and Cooling, Dual Pane Window, Master Suite with Walk-in closet.
Exquisite open Floor Plan, Gourmet Kitchen with Custom make Maple Cabinets adjoining to Dinning Area overlooking Tiled Great Room and Sun lighted living Rooms with Bay Windows.
Master Suite features Extraordinary Large Mirror with 2 walk-in closets, Spacious Bedrooms all features Large Mirror Closets with Custom Built Shelving for Plenty of Storage Spaces, Ceiling Fans and Recessed Lighting, Bedrooms Window Over looks to Private Backyard.
2 Car Garages Attached to both houses.
Private Backyard is Great for Entertaining, Relaxing and Family gathering.
There is 3rd structure - an Extra Storage Room at the Back of the Owner Unit, Great for a Home office, Entertainment just Extra Storage.

The 2nd House features the same Craftsman Style is currently rented out.

Last Agent to Sell the Property

Brian Alterman

CMF Real Estate Capital Group License #01936135 Listed on: 03/01/2015

CMF Real Estate Capital Group

Last Buyer's Agent

Phoebe Choong

CMF Real Estate Capital Group License #01324487

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,840

Year Built

  • Built in 2002

Lot Details

  • 9,989 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Privacy Fence
  • Electric Fence
  • Paved or Partially Paved Lot
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate
  • Parking Lot

Home Design

  • Craftsman Architecture
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Cement Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,419 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Drapes & Rods
  • Insulated Doors
  • Great Room
  • Family Room
  • Living Room
  • Window Bars
  • Laundry Room

Kitchen

  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 5 Bathrooms

Accessible Home Design

  • Halls are 36 inches wide or more
  • More Than Two Accessible Exits
  • Accessible Parking

Eco-Friendly Details

  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment
  • Solar Power System
  • Water-Smart Landscaping

Utilities

  • Two cooling system units
  • Whole House Fan
  • Central Heating and Cooling System
  • 220 Volts
  • Tankless Water Heater

Additional Features

  • Outdoor Storage
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, parking fee
  • Tax Lot 48
  • Assessor Parcel Number 7268035018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $700
  • Water Sewer Expense $150
  • New Taxes Expense $9,375
  • Gross Income $4,200
  • Net Operating Income $43,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,840

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Security: Automatic Gate, Window Bars
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 150.00
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7268035018
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Ceiling Fan(s), Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, 36 Inch Or More Wide Halls, Parking
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Levels: One
  • Price Per Square Foot: 219.36
  • Room Type: All Bedrooms Down, Dressing Area, Family Room, Great Room, Living Room, Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Drapes, Double Pane Windows, ENERGY STAR Qualified Windows

Exterior Features

  • Foundation: FHA Approved, Raised
  • Other Structures: Storage
  • Fencing: Electric, Privacy, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Cement Siding, Concrete, Drywall Walls, Frame

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, On Site, Parking Space
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Tankless Water Heater
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air, Dual, Energy Star Qualified Equipment, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Efficiency: Lighting, Windows, Water Heater
  • Green Power: Solar

Lot Info

  • Lot Features: Back Yard, 2-5 Units/Acre, Paved
  • Lot Size Sq Ft: 9989.00
  • Lot Size Acres: 0.2290

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Parking Fee

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 700.00
  • Lot Size Area: 9989.0000 Square Feet
  • Net Operating Income: 43400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 7000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Lot: 48
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2000
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sanchez Edward M
Current Estimated Value
$1,161,862

Purchase Details

Closed on
Jun 28, 2000
Sold by
Banuelos Alfredo Z
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 23, 1993
Sold by
Banuelos Guillermina C and Banuelos Guillerman C
Bought by
Banuelos Alfredo Z
Source: Public Records

Range of Values:

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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
Sanchez Edward M $80,000 First American Title Co
Federal Home Loan Mortgage Corporation $96,603 First American Title Ins Co
Banuelos Alfredo Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Edward M $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2015 05/14/15 Sold $750,000 0.0% $219 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
03/01/2015 03/01/15 For Sale $750,000 -- $219 / 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 $6,840 $499,556 $120,536 $379,020
2024 $6,840 $489,762 $118,173 $371,589
2023 $6,730 $480,159 $115,856 $364,303
2022 $6,338 $470,745 $113,585 $357,160
2021 $6,201 $461,515 $111,358 $350,157
2020 $6,184 $456,784 $110,217 $346,567
2019 $6,115 $447,828 $108,056 $339,772
2018 $5,766 $439,048 $105,938 $333,110
2016 $5,286 $422,001 $101,825 $320,176
2015 $5,079 $415,663 $100,296 $315,367
2014 $5,053 $407,522 $98,332 $309,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15088302

California Regional Multiple Listing Service (CRMLS)

APN: 7268-035-018