Seller's Agent in 2016
Bob Diulio
First Team Real Estate
(714) 595-2812
32 Total Sales
125 E Eagle St Long Beach, CA 90806
Southeast Wrigley NeighborhoodEstimated Value: $899,000 - $1,236,000
5
Beds
4
Baths
2,140
Sq Ft
$513/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Level Lot
- Long Beach Polytechnic High School Rated A
- South Facing Home
- Wall Furnace
About This Home
As of December 2016Check out the Profit & Loss on this property AND A PRICE REDUCTION! This is a great value for an income property with little maintenance. All units are leased with good tenants. Where can you find a property with where all units have their own laundry? Drive by and call to make an appointment to view the property - you will not be disappointed. 4 unit property with 1 two bedroom unit and 3 one bedroom units all with one bath. Unit interiors and exterior are in good condition with no deferred maintenance. Each unit has their own washer/dryer hook-ups. Washer/Dryers and Stoves are included with Units 2, 3 & 4. Unit #1 tenants have their own appliances. There are 4 assigned carport spaces and all units are separately metered for gas and electric. This property is a great investment property with low maintenance - rents offer a generous monthly income with a solid cash flow. Motivated seller.
Buyer to cooperate in seller's 1031 Tax Deferred Exchange at no additional cost to buyer. Please Do Not Disturb tenants, Drive By Only and all offers Subject To Interior Inspection After Acceptance of Purchase Agreement.
Last Agent to Sell the Property
First Team Real Estate License #01722187 Listed on: 06/23/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 6,551 Sq Ft Lot
- Two or More Common Walls
- South Facing Home
- Level Lot
Home Design
- 2,140 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for gas
- Tax Lot 11
- Tax Tract Number 7205
- Assessor Parcel Number 7205018011
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $850
- Water Sewer Expense $960
- New Taxes Expense $7,250
- Gross Income $4,225
- Net Operating Income $41,640
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 25, 2020
Sold by
Vennemeyer Paul John
Bought by
Vennemeyer Paul and The Paul Vennemeyer Revocable
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Outstanding Balance
$430,405
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$667,232
Purchase Details
Listed on
Jun 23, 2016
Closed on
Nov 21, 2016
Sold by
Alai Parviz
Bought by
Vennemeyer Paul J
Seller's Agent
Bob Diulio
First Team Real Estate
Buyer's Agent
Craig Poturalski
Seven Gables Real Estate
List Price
$725,000
Sold Price
$665,000
Premium/Discount to List
-$60,000
-8.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$498,750
Interest Rate
3.47%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 6, 2015
Sold by
Alai Parviz
Bought by
Alai Parviz and Amendment & Restatement Of The Alai Livi
Purchase Details
Listed on
Jan 27, 2015
Closed on
Jun 2, 2015
Sold by
Dietrichson Ketil
Bought by
Alai Parviz
Seller's Agent
Marty Stone
BUCKINGHAM INVESTMENTS
Buyer's Agent
Bob Diulio
First Team Real Estate
List Price
$645,000
Sold Price
$610,000
Premium/Discount to List
-$35,000
-5.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$420,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 17, 2012
Closed on
Apr 19, 2012
Sold by
Moldo Byron Z
Bought by
Dietrichson Ketil and Dietrichson Selima Mahamdi
Seller's Agent
Sharon Sanchez
Sharon Sanchez
Buyer's Agent
Marty Stone
BUCKINGHAM INVESTMENTS
List Price
$375,000
Sold Price
$328,500
Premium/Discount to List
-$46,500
-12.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.05%
Original Mortgage
$246,375
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2011
Sold by
Jones Damon L
Bought by
Drommerhausen Daniel G
Purchase Details
Closed on
Dec 14, 1999
Sold by
Jones Damon
Bought by
Jones Damon L and The Damon L Jones Trust
Purchase Details
Closed on
Nov 10, 1999
Sold by
Damon Jones
Bought by
Jones Damon L and The Damon L Jones Trust
Purchase Details
Closed on
Apr 21, 1997
Sold by
Ocwen Federal Bank Fsb
Bought by
Jones Damon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,740
Interest Rate
8.13%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 12, 1997
Sold by
Ponce Jesus G
Bought by
Ocwen Federal Bank Fsb
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vennemeyer Paul | -- | Orange Coast Ttl Co Of Socal | |
| Vennemeyer Paul John | -- | Orange Coast Title Company | |
| Vennemeyer Paul J | $665,000 | Orange Coast Title Co Socal | |
| Alai Parviz | -- | None Available | |
| Alai Parviz | $610,000 | Progressive Title Company | |
| Dietrichson Ketil | $328,500 | North American Title Company | |
| Drommerhausen Daniel G | -- | Accommodation | |
| Jones Damon L | -- | -- | |
| Jones Damon L | -- | -- | |
| Jones Damon | $152,500 | Chicago Title Co | |
| Ocwen Federal Bank Fsb | $98,373 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vennemeyer Paul John | $485,000 | |
| Closed | Vennemeyer Paul J | $498,750 | |
| Previous Owner | Alai Parviz | $420,000 | |
| Previous Owner | Dietrichson Ketil | $246,375 | |
| Previous Owner | Jones Damon | $149,740 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2016 12/08/16 | Sold | $665,000 | -0.6% | $311 / Sq Ft | |
| 11/02/2016 11/02/16 | Pending | -- | -- | -- | |
| 10/18/2016 10/18/16 | Price Changed | $669,000 | -0.9% | $313 / Sq Ft | |
| 09/12/2016 09/12/16 | Price Changed | $675,000 | -0.6% | $315 / Sq Ft | |
| 09/09/2016 09/09/16 | Price Changed | $679,000 | -3.0% | $317 / Sq Ft | |
| 07/21/2016 07/21/16 | Price Changed | $699,900 | -3.5% | $327 / Sq Ft | |
| 06/23/2016 06/23/16 | For Sale | $725,000 | +18.9% | $339 / Sq Ft | |
| 07/23/2015 07/23/15 | Sold | $610,000 | -5.4% | $285 / Sq Ft | View Prior Sale |
| 05/05/2015 05/05/15 | Pending | -- | -- | -- | |
| 01/27/2015 01/27/15 | For Sale | $645,000 | +96.3% | $301 / Sq Ft | |
| 04/26/2012 04/26/12 | Sold | $328,500 | -12.4% | $154 / Sq Ft | View Prior Sale |
| 03/22/2012 03/22/12 | Pending | -- | -- | -- | |
| 01/17/2012 01/17/12 | For Sale | $375,000 | -- | $175 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,227 | $771,785 | $290,145 | $481,640 |
| 2024 | $10,227 | $756,653 | $284,456 | $472,197 |
| 2023 | $10,052 | $741,818 | $278,879 | $462,939 |
| 2022 | $9,446 | $727,273 | $273,411 | $453,862 |
| 2021 | $9,252 | $713,013 | $268,050 | $444,963 |
| 2020 | $9,229 | $706,023 | $265,302 | $440,721 |
| 2019 | $9,121 | $692,186 | $260,100 | $432,086 |
| 2018 | $8,806 | $678,620 | $255,000 | $423,620 |
| 2016 | $7,624 | $610,000 | $200,000 | $410,000 |
| 2015 | $4,426 | $343,315 | $209,020 | $134,295 |
| 2014 | -- | $336,591 | $204,926 | $131,665 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Diulio
-
Craig Poturalski
Buyer's Agent in 2016
Craig Poturalski
Seven Gables Real Estate
(714) 317-6752
61 Total Sales
-
Marty Stone
Seller's Agent in 2015
Marty Stone
BUCKINGHAM INVESTMENTS
(310) 322-9763
7 Total Sales
-
Sharon Sanchez
S
Seller's Agent in 2012
Sharon Sanchez
Sharon Sanchez
(310) 989-5209
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC16136320
APN: 7205-018-011
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