NOT LISTED FOR SALE

127 Saint Joseph Ave Long Beach, CA 90803

Belmont Shore Neighborhood

Estimated Value: $1,759,000 - $2,095,000

6 Beds
3 Baths
3,098 Sq Ft
$621/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $1,225,000 $395 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,503/month

20 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Living Room
  • Lowell Elementary School Rated A-
  • Bonus Room
  • Laundry Room

About This Home

As of March 2015

Incredible triplex one block from the beach! Each unit is a 2bed/1bath, approximately 1000 sq ft each and are in perfect rental condition. 2 units are occupied and the 2nd floor, street facing unit is vacant and has been recently remodeled for new renters. All units have beautiful hardwood floors, plenty of windows, newer light fixtures and newer plumbing fixtures throughout. The remodeled master unit has a beautiful new kitchen with granite counter tops and new tile floors and the unit also has a bonus den with spiral staircase that leads to their very own private roof deck with perfect California Sunset views. Each unit has its own wall heater, access to the laundry room and 2 parking spots (one in garage, one in carport). This triplex is very special and unique to beach living and is perfect for any investor.

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 01/26/2015

Last Buyer's Agent

Seana Riggins

ReMax Tiffany Real Estate License #01440600

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 3,098 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,098 Sq Ft Home
  • Living Room
  • Bonus Room
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247018014

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Gardener Expense $1,151
  • Water Sewer Expense $1,213
  • Gross Income $6,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1213.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1151.00
  • Parcel Number: 7247018014
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Levels: Two
  • Price Per Square Foot: 395.42
  • Room Type: Bonus Room, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 3098.00
  • Lot Size Acres: 0.0710

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 6700.00
  • Gross Scheduled Income: 80400.00
  • Lot Size Area: 3098.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 3750
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2017
Sold by
Leminh Tam and Tran Nina
Bought by
Leminh Tam and Tran Nina
Current Estimated Value
$1,922,565

Purchase Details

Listed on
Jan 26, 2015
Closed on
Feb 26, 2015
Sold by
West Ridge Rentals Llc
Bought by
Leminh Tam Thanh and Tran Nina Tuyet Nga
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Seana Riggins
ReMax Tiffany Real Estate
List Price
$1,200,000
Sold Price
$1,225,000
Premium/Discount to List
$25,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$857,500
Outstanding Balance
$654,081
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,268,484

Purchase Details

Closed on
Dec 17, 2012
Sold by
Mid Cal Realty Services Inc
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Dec 6, 2012
Sold by
Thompson Patrick G
Bought by
Mid Cal Realty Services Inc

Purchase Details

Closed on
Aug 8, 2012
Sold by
Thompson Patrick
Bought by
Thompson Patrick and The 127 St Joseph Trust

Purchase Details

Closed on
Nov 28, 2006
Sold by
Campbell Linda A and The Linda A Campbell Trust
Bought by
Thompson Patrick G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Leminh Tam -- None Available
Leminh Tam -- None Available
Leminh Tam Thanh -- Title365
West Ridge Rentals Llc -- Fidelity National Title Co
Mid Cal Realty Services Inc $863,550 Fidelity National Title Co
Thompson Patrick -- None Available
Thompson Patrick G $1,100,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leminh Tam Thanh $857,500
Previous Owner Thompson Patrick G $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $1,225,000 +2.1% $395 / Sq Ft
01/29/2015 01/29/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $1,200,000 -- $387 / 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 $18,593 $1,472,259 $1,081,661 $390,598
2024 $18,593 $1,443,392 $1,060,452 $382,940
2023 $18,283 $1,415,091 $1,039,659 $375,432
2022 $17,152 $1,387,345 $1,019,274 $368,071
2021 $16,816 $1,360,143 $999,289 $360,854
2019 $16,576 $1,320,701 $969,650 $351,051
2018 $16,160 $1,294,824 $950,638 $344,186
2016 $14,862 $1,243,681 $913,725 $329,956
2015 $10,677 $906,779 $614,766 $292,013
2014 $10,602 $889,017 $602,724 $286,293
Source: Public Records

Agents Affiliated with this Home

  • Polly Watts

    Seller's Agent in 2015

    Polly Watts

    Shelter Club Realty, Inc.

    (310) 963-7766

    21 Total Sales

    Polly Watts
    Section Image
  • Seana Riggins

    Buyer's Agent in 2015

    Seana Riggins

    RE/MAX

    (714) 906-1127

    110 Total Sales

    Seana Riggins
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15005744

California Regional Multiple Listing Service (CRMLS)

APN: 7247-018-014

California Los Angeles County Long Beach 90803 Belmont Shore

127 Saint Joseph Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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