NOT LISTED FOR SALE

12452 222nd St Hawaiian Gardens, CA 90716

Estimated Value: $752,000 - $923,278

2 Beds
1 Bath
1,904 Sq Ft
$436/Sq Ft Est. Value

Last Sold April 08, 2019

Last sale price $520,000 $273 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,126/month

45 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Two Homes on a Lot
  • Artesia High School Rated A-
  • Neighborhood Views
  • 1-minute walk to Lee Ware Park

About This Home

As of April 2019

D U P L E X ** Great for Owner / Investor ** Each Unit is 2 Beds, 1 Bath ** Washer/Dryer Hook-Ups in Each Unit ** Forced Heating ** 1-Car Garage per Unit ** Ample Driveway & Street Parking ** Front Patio area has privacy & mature trees ** Walking Distance to Hawaiian Elementary School ** Cross Streets are Carson St & Norwalk Blvd ** Close to 605 FWY, The Gardens Casino, El Dorado Park, Long Beach Towne Center and much more!

Last Agent to Sell the Property

Erin White-Freimann

Seven Gables Real Estate License #01402479 Listed on: 01/09/2019

Seven Gables Real Estate

Last Buyer's Agent

Erin White-Freimann

Seven Gables Real Estate License #01402479 Listed on: 01/09/2019

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,234

Year Built

  • Built in 1959

Lot Details

  • 5,303 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in average condition
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Bungalow
  • Property Attached
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • 220 Volts in Kitchen
  • Water Heater
  • Sewer Paid

Additional Features

  • Two Homes on a Lot
  • Property is near a park

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 11
  • Tax Tract Number 7114
  • Assessor Parcel Number 7076011010

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,080
  • Trash Expense $864
  • Water Sewer Expense $1,440
  • New Taxes Expense $1,140
  • Operating Expense $4,524
  • Net Operating Income $20,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,234

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Co-LA
  • Other Phone Number: 714-608-4333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1440.00
  • Zoning: HGR2*
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 7076011010
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 273.11
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Water Heater
  • Electric: 220 Volts in Kitchen
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 864.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lot Size Sq Ft: 5303.00
  • Lot Size Acres: 0.1217

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 25200.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 5303.0000 Square Feet
  • Net Operating Income: 20200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Actual Rent: 2100.00
  • Total Expenses: 4524.00

Tax Info

  • New Taxes Expense: 1140.00
  • Tax Area: 2525
  • Tax Census Tract: 5552.12
  • Tax Lot: 11
  • Tax Tract Number: 7114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Mar 8, 2019
Sold by
Thompson Wayne E and Thompson Dolores J
Bought by
Vo Phong and Giang Quyen
Seller's Agent
Erin White-Freimann
Seven Gables Real Estate
Buyer's Agent
Erin White-Freimann
Seven Gables Real Estate
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$830,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,070
Avg. Annual Appreciation
7.66%
Original Mortgage
$390,000
Outstanding Balance
$343,578
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$486,492

Purchase Details

Closed on
Nov 29, 2016
Sold by
Thompson Wayne E and Thompson Dolores J
Bought by
Thompson Wayne E and Thompson Dolores J
Source: Public Records

Range of Values:

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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
Vo Phong $520,000 Chicago Title Company
Thompson Wayne E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vo Phong $390,000
Previous Owner Thompson Wayne E $125,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2019 04/08/19 Sold $520,000 -5.5% $273 / Sq Ft
02/23/2019 02/23/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $550,000 -- $289 / 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 $7,234 $580,065 $382,843 $197,222
2024 $7,234 $568,692 $375,337 $193,355
2023 $7,005 $557,542 $367,978 $189,564
2022 $6,902 $546,611 $360,763 $185,848
2021 $6,742 $535,894 $353,690 $182,204
2020 $6,688 $530,400 $350,064 $180,336
2019 $5,017 $54,670 $19,313 $35,357
2018 $1,198 $53,599 $18,935 $34,664
2016 $1,133 $51,519 $18,200 $33,319
2015 $1,122 $50,746 $17,927 $32,819
2014 $1,121 $49,753 $17,576 $32,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19006343

California Regional Multiple Listing Service (CRMLS)

APN: 7076-011-010