NOT LISTED FOR SALE

1318 Bennett Ave Long Beach, CA 90804

Bryant Neighborhood

Estimated Value: $1,101,000 - $1,189,000

4 Beds
3 Baths
1,908 Sq Ft
$600/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2017

Last sale price $684,000 $358 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,878 / mo

132 Days on Market

Highlights

  • Spanish Architecture
  • Granite Countertops
  • Wall Furnace
  • Woodrow Wilson High School Rated A
  • Double Pane Windows

About This Home

As of June 2017

Great income producing property near the traffic circle and CSU, Long Beach. Front unit is 2 bedroom 1 bathroom house with living room, dining area and kitchen. Rear unit is 1 bedroom, 1 bathroom with dining area and living room. Third unit is living room and kitchen downstairs with wrought iron spiral staircase to upstairs bedroom and bathroom. Several private patio areas plus laundry room and 1 car garage. All units were upgraded in 2010 with new dual pane windows, updated kitchens and bathrooms, recess lights, new concrete patios and new wood fence.

Last Agent to Sell the Property

Tessa Murray

Susan McKaig, Broker License #01070418 Listed on: 12/16/2016

Last Buyer's Agent

Tessa Murray

Susan McKaig, Broker License #01070418 Listed on: 12/16/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,218 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Spanish Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 1,908 Sq Ft Home
  • Multi-Level Property
  • Double Pane Windows
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 6400
  • Assessor Parcel Number 7253028027

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,866
  • Gross Income $40,200
  • Net Operating Income $34,282

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

5,218 Sq Ft Lot

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LBR2N
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7253028027
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Levels: Multi/Split
  • Price Per Square Foot: 358.49
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5218.00

Multi Family

  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Net Operating Income: 34282.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 5918.00
  • Rent Control: No
  • Total Actual Rent: 3350.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 4866.00
  • Tax Census Tract: 5750.02
  • Tax Lot: 31
  • Tax Tract Number: 6400

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Jun 2, 2017
Sold by
Bought by
Seller's Agent
Tessa Murray
Susan McKaig, Broker
Buyer's Agent
Tessa Murray
Susan McKaig, Broker
List Price
$725,000
Sold Price
$684,000
Premium/Discount to List
-$41,000
-5.66%
Current Estimated Value
$1,109,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,680
Avg. Annual Appreciation
5.85%
Original Mortgage
$543,000
Interest Rate
0.0405%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
0.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
0.0689%
Mortgage Type
Seller Take Back
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title Company
-- First American Title Co
$329,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $543,000
Closed $524,000
Closed $29,000
Closed $305,000
Closed $296,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/22/2017 06/22/17 Sold $684,000 0.0% $358 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
01/17/2017 01/17/17 Off Market $684,000 -- --
12/16/2016 12/16/16 For Sale $725,000 -- $380 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,623 $796,154 $557,078 $239,076
2024 $10,168 $780,544 $546,155 $234,389
2023 $9,999 $765,241 $535,447 $229,794
2022 $9,385 $750,238 $524,949 $225,289
2021 $9,200 $735,528 $514,656 $220,872
2020 $9,176 $727,987 $509,379 $218,608
2019 $9,069 $713,714 $499,392 $214,322
2018 $8,803 $699,720 $489,600 $210,120
2016 $5,067 $410,558 $97,332 $313,226
2015 $4,866 $404,392 $95,870 $308,522
2014 $4,838 $396,472 $93,993 $302,479
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tessa Murray

    Susan McKaig, Broker

    (562) 260-1281

    5 Total Sales

    Tessa Murray
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16762898

California Regional Multiple Listing Service (CRMLS)

APN: 7253-028-027

California Los Angeles County Long Beach 90804 Bryant

1318 Bennett Ave, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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