NOT LISTED FOR SALE

Estimated Value: $954,000 - $1,274,000

4 Beds
4 Baths
2,295 Sq Ft
$506/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $465,000 $203 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $6,893/month

23 Days on Market

Highlights

  • 0.28 Acre Lot
  • Modern Architecture
  • No Heating
  • Long Beach Polytechnic High School Rated A
  • No Interior Steps
  • 2-minute walk to Douglas Macarthur Park

About This Home

As of January 2013

Excellent Income Property must have, Great for Invester. This is a Rare 4 units, on a huge lots size, Over 12,000 sq ft. Live in the front Unit and rent out the back or rent all out, Its your choice. OPPORTUNITY to expand for more income in the near future. Front Unit has 2 bd and 1.5 bath and the other 3 unit sit on a second story with storage room in the bottom floor with a laundry room. Two of the unit in the back has 1 bd and 1 bath and the other is a studio.New Deck done last year back unit.New roof on the front house, per Seller. Come check out this Awsome place! Tax roll show under Duplex/4, Owner have a Letter from the City Stating that the Property is 'LEGAL NON-CONFORMING' WITH 4 UNIT. Buyer's to verify and satify his/her Self. Property Sold/Sale AS IS Condition ... Do not Talk, Walk, or Knock on Tenants Door. Submit offer subject to interior inspection.

Last Agent to Sell the Property

Tom Bonsynat

Realty One Group Homelink License #01485709 Listed on: 11/25/2012

Realty One Group Homelink

Last Buyer's Agent

Scott Kien

Donald L. Litterst, Broker License #01512506

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,007

Year Built

  • Built in 1923

Lot Details

  • 0.28

Parking

  • 2 Parking Spaces

Home Design

  • 2,295 Sq Ft Home
  • Modern Architecture
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • No Interior Steps
  • 0.28 Acre Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 7267003004

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $97
  • Gardener Expense $120
  • Water Sewer Expense $258
  • New Taxes Expense $6,500
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,007

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 258.00
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Gardener Expense: 120.00
  • Parcel Number: 7267003004
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Accessibility Features: No Interior Steps
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 202.61

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 12142.00
  • Lot Size Acres: 0.2790

Multi Family

  • Electric Expense: 97.00
  • Gross Income: 3600.00
  • Gross Multiplier: 13.42
  • Gross Scheduled Income: 35400.00
  • Number Of Units Total: 4
  • Other Expense Description: 100

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Area: 11933
  • Tax Block: A
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Penly Danh Ser and Scott Kien Scott
Bought by
Long Beach Khmer Krom Buddhist Organization I
Current Estimated Value
$1,137,044

Purchase Details

Listed on
Nov 25, 2012
Closed on
Dec 28, 2012
Sold by
Sato Masako
Bought by
Lindsay J Kelso
Seller's Agent
Tom Bonsynat
Realty One Group Homelink
Buyer's Agent
Scott Kien
Donald L. Litterst, Broker
List Price
$420,000
Sold Price
$465,000
Premium/Discount to List
$45,000
10.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.38%

Purchase Details

Listed on
Nov 25, 2012
Closed on
Dec 18, 2012
Sold by
Lindsay J Kelso
Bought by
Danh Ser Penly and Kien Scott
Seller's Agent
Tom Bonsynat
Realty One Group Homelink
Buyer's Agent
Scott Kien
Donald L. Litterst, Broker
List Price
$420,000
Sold Price
$465,000
Premium/Discount to List
$45,000
10.71%

Purchase Details

Closed on
May 25, 1996
Sold by
Benn Arthur Lewis
Bought by
Benn Arthur L and The Arthur Benn Living Trust

Purchase Details

Closed on
Mar 8, 1993
Sold by
Benn Arthur L
Bought by
Lindsay J Kelso
Source: Public Records

Range of Values:

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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
Long Beach Khmer Krom Buddhist Organization I -- None Listed On Document
Lindsay J Kelso -- Ticor Title Company
Danh Ser Penly $465,000 Ticor Title Company
Kien Scott -- Ticor Title Company
Benn Arthur L -- Gateway Title Company
Lindsay J Kelso $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindsay J Kelso $44,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $465,000 +10.7% $203 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
11/25/2012 11/25/12 For Sale $420,000 -- $183 / 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 $8,007 $1,264,800 $816,000 $448,800
2024 $8,007 $561,375 $392,361 $169,014
2023 $7,872 $550,368 $384,668 $165,700
2022 $7,416 $539,577 $377,126 $162,451
2021 $7,261 $528,998 $369,732 $159,266
2020 $7,243 $523,574 $365,941 $157,633
2019 $7,161 $513,309 $358,766 $154,543
2018 $6,746 $503,245 $351,732 $151,513
2016 $6,164 $483,706 $338,075 $145,631
2015 $5,924 $476,441 $332,997 $143,444
2014 $5,902 $467,110 $326,475 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P841802

California Regional Multiple Listing Service (CRMLS)

APN: 7267-003-004