NOT LISTED FOR SALE

Estimated Value: $690,207 - $882,000

2 Beds
1 Bath
2,650 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $360,000 $136 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,850/month

66 Days on Market

About This Home

As of May 2014

Nice star income property ,located closed to fwy

Last Agent to Sell the Property

Carlos Hernandez

New Century Realtors License #01267449 Listed on: 01/08/2014

Last Buyer's Agent

Carlos Hernandez

New Century Realtors License #01267449 Listed on: 01/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,121

Year Built

  • Built in 1939

Lot Details

  • 6,538 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 2,650 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 24
  • Tax Tract Number 21239
  • Assessor Parcel Number 7304029008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $43,200
  • Net Operating Income $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,121

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7304029008
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 135.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6538.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 3600.00
  • Lot Size Area: 6538.0000 Square Feet
  • Net Operating Income: 2500.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 2500.00
  • Rent Control: No
  • Total Actual Rent: 3600.00
  • Vacancy Allowance: 1200

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 21239
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2024
Sold by
Ortiz Laura V
Bought by
Lvo Living Trust and Ortiz
Total Days on Market
66
Current Estimated Value
$817,802

Purchase Details

Closed on
Apr 29, 2016
Sold by
Ortiz Laura V and Ortiz Garcia Laura V
Bought by
Ortiz Laura V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 8, 2014
Closed on
Apr 23, 2014
Sold by
Rodriguez Ricardo and Mercado Nolvia
Bought by
Ortiz Garcia Laura Victoria
Seller's Agent
Carlos Hernandez
New Century Realtors
Buyer's Agent
Carlos Hernandez
New Century Realtors
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$270,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 8, 2014
Closed on
Apr 15, 2014
Sold by
Llamas Jose and Cartznes Ramon
Bought by
Rodriguez Ricardo and Mercado Novia
Seller's Agent
Carlos Hernandez
New Century Realtors
Buyer's Agent
Carlos Hernandez
New Century Realtors
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2013
Sold by
Rodriguez Ricardo and Mercado Nolvia
Bought by
Rodriguez Ricardo and Mercado Nolvia

Purchase Details

Closed on
Nov 15, 2006
Sold by
Moreno Jose A
Bought by
Rodriguez Ricardo and Mercado Nolvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2006
Sold by
Moreno Beatriz
Bought by
Moreno Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2004
Sold by
Rodriguez Alberto
Bought by
Moreno Jose and Moreno Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2002
Sold by
Santos Achilles Q
Bought by
Rodriguez Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.83%

Purchase Details

Closed on
Apr 12, 2002
Sold by
Carrera David and Agramon Luis
Bought by
Santos Achilles Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.83%
Source: Public Records

Similar Homes in Long Beach, CA

  • 195 E Hullett St, Long Beach, CA 90805

    $975,000

    • 6 Beds
    • 3 Baths
    • 2,290 Sq Ft
    • 195 E Hullett St
    • Long Beach, CA

    Great Investment Opportunity in North Long Beach.Presenting a fantastic opportunity! This tri-plex features three 2-bedroom, 1-bathroom units, each offering solid rental potential. These units provide a great foundation for investors looking to add value and increase rental income.-Property Features:Three 2-bedroom, 1-bathroom units.Three separate garages for tenants or also could be converted

    Mary Robles Pak Home Realty

    Section Image
  • 421 E 60th St, Long Beach, CA 90805

    $759,000

    • 4 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 421 E 60th St
    • Long Beach, CA

    Charming Long Beach Duplex with Income Potential on a Spacious Lot!Welcome to 421 E 60th St, a well-maintained duplex tucked in the vibrant heart of Long Beach. Situated on a generous lot just under 6,000 sq ft, this property offers the perfect blend of comfort, opportunity, and location—ideal for both investors and owner-occupants.Each unit features a bright and inviting 2-bedroom, 1-bath

    Alex Morales ROA California Inc

    Section Image
  • 325 E 59th St, Long Beach, CA 90805

    $749,000

    • 4 Beds
    • 2 Baths
    • 1,340 Sq Ft
    • 325 E 59th St
    • Long Beach, CA

    This versatile duplex in the heart of Long Beach offers an excellent opportunity for investors. Each unit features 2 spacious bedrooms and 1 full bathroom, along with individual 1-car garages, they each have private washer/dryer hookups, providing privacy and independence for each household. Recent upgrades include updated plumbing within the last 5 years and a brand-new water heater installed in

    Alberto Sanchez Century 21 A Better Service

    Section Image
  • 5886 Myrtle Ave, Long Beach, CA 90805

    $799,000

    • 3 Beds
    • 2 Baths
    • 1,535 Sq Ft
    • 5886 Myrtle Ave
    • Long Beach, CA

    We are pleased to present a rare and exceptional opportunity to own a fully remodeled duplex in the heart of Long Beach, ideally located just minutes from the ocean. This beautifully updated property offers both comfort and versatility, making it well-suited for owner-occupants, investors, or multigenerational living arrangements.Front Unit (2 Bedrooms / 1 Bathroom): The front unit has undergone

    Kristal Parseghian Century 21 On Target

    Section Image
  • 309 E Louise St, Long Beach, CA 90805

    $779,000

    • 4 Beds
    • 4 Baths
    • 2,562 Sq Ft
    • 309 E Louise St
    • Long Beach, CA

    Attention Buyers! Best-priced fourplex in the city of Long Beach! Each unit features one bedroom, one bathroom, a spacious living room, a cozy kitchen, and access to a large lot with a long driveway. One unit has been recently remodeled. The property also includes a detached garage.Centrally located in North Long Beach, it's close to Adams Elementary School, shopping centers, parks, and

    Katherine Candelaria KC Realty Group

    Section Image
  • 5444 Lime Ave, Long Beach, CA 90805

    $898,000

    • 4 Beds
    • 2 Baths
    • 2 Sq Ft
    • 5444 Lime Ave
    • Long Beach, CA

    Charming Duplex with Long-Term Tenants – Great Investment Opportunity! Don't miss this well-maintained duplex featuring two separate units, each offering 2 bedrooms and 1 bathroom. The front unit, built in 1925, offers 832 sq ft of character and charm, with a newer tile roof approximately 3 years old. The back unit, built in 1960, features 726 square feet and has undergone some recent upgrades to

    Jenny Yin HomeSmart Evergreen Realty

    Section Image
  • 1917 E 61st St, Long Beach, CA 90805

    $720,000

    • 4 Beds
    • 3 Baths
    • 1,231 Sq Ft
    • 1917 E 61st St
    • Long Beach, CA

    Live smart in Long Beach with this rare opportunity—delivered 100% vacant at close! The front home features 3 beds, 1 bath, natural light, charm, and move-in readiness. The rear unit is split into two all-electric studio spaces, ideal for rental income, guests, or offices—easily converted back to 1 bed/1 bath if desired. Separate electric meters; shared water and gas. Photos digitally staged to

    Veronica Recinos Monton Real Estate Investment & Development Co.

    Section Image
  • 1430 E Michelson St, Long Beach, CA 90805

    $899,900

    • 5 Beds
    • 3 Baths
    • 1,360 Sq Ft
    • 1430 E Michelson St
    • Long Beach, CA

    Back on the market! 1430 E Michelson Street...a charming "duplex" serenely tucked away on a lovely tree lined street in North Long Beach. The front home is 2 bedrooms and 1 Bathroom...extensively renovated in the last 3 years, including central AC, new dual paned windows, recessed lighting, ceiling fans, new flooring, crown moldings, open concept gourmet kitchen with stainless steel appliances,

    Johanne Joly Century 21 On Target

    Section Image
  • 5959 Cherry Ave, Long Beach, CA 90805

    $825,000

    • 4 Beds
    • 3 Baths
    • 2,463 Sq Ft
    • 5959 Cherry Ave
    • Long Beach, CA

    Great opportunity to own a mixed use property. Both residential units are occupied and not on leases.Commercial unit is vacant.Formally built out as dispensary.Nearly ready to go, a plug and play dispensary. Perfect for a social equity applicant.

    Timothy Lewis Elliot Lewis, Broker

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lvo Living Trust -- --
Lvo Living Trust -- --
Ortiz Laura V -- First American Title Company
Ortiz Garcia Laura Victoria $360,000 None Available
Rodriguez Ricardo -- None Available
Rodriguez Ricardo -- None Available
Rodriguez Ricardo $612,000 Fidelity National Title Co
Moreno Jose A -- Sutic
Moreno Jose $490,000 Ticor Title Co Glendale
Rodriguez Alberto $280,000 First Southwestern Title Co
Rodriguez Alberto -- --
Santos Achilles Q $225,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Laura V $277,000
Previous Owner Ortiz Garcia Laura Victoria $270,000
Previous Owner Rodriguez Ricardo $489,600
Previous Owner Moreno Jose A $60,000
Previous Owner Moreno Jose $420,000
Previous Owner Moreno Jose $392,000
Previous Owner Rodriguez Alberto $274,800
Previous Owner Rodriguez Alberto $259,200
Previous Owner Rodriguez Alberto $13,000
Previous Owner Rodriguez Alberto $224,000
Previous Owner Santos Achilles Q $180,000
Closed Santos Achilles Q $45,000
Closed Rodriguez Alberto $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $360,000 -9.8% $136 / Sq Ft
03/15/2014 03/15/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $399,000 -- $151 / 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
2024 $6,121 $432,648 $210,314 $222,334
2023 $6,027 $424,166 $206,191 $217,975
2022 $5,686 $415,850 $202,149 $213,701
2021 $5,572 $407,697 $198,186 $209,511
2020 $5,557 $403,517 $196,154 $207,363
2019 $5,491 $395,606 $192,308 $203,298
2018 $5,245 $387,850 $188,538 $199,312
2016 $4,816 $372,791 $181,218 $191,573
2015 $4,627 $367,192 $178,496 $188,696
2014 $5,799 $465,000 $240,000 $225,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14005940

California Regional Multiple Listing Service (CRMLS)

APN: 7304-029-008