NOT LISTED FOR SALE

Estimated Value: $1,153,000 - $1,457,000

8 Beds
4 Baths
2,912 Sq Ft
$440/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $620,000 $213 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,132/month

6 Days on Market

Highlights

  • No Units Above
  • Carpet
  • Heating System Uses Natural Gas
  • Private Yard

About This Home

As of December 2013

Welcome to this well maintained four-plex in the area of North Long Beach. This fantastic income property features four 2 bedrooms/ 1 bathroom units. All of the units have upgraded windows, while some of the units have hardwood flooring and the other carpeted. Each unit includes a private enclosed garage. Separate meters for electric and gas. There is a large backyard with a separate laundry room. The front area is nicely landscaped and has a really nice curb appeal. Close to freeways, schools and other outings. Great opportunity to own a well maintained multi-plex in a strong and desirable rental market.

Last Agent to Sell the Property

Christopher Suh

Up Realty Inc. License #01875158 Listed on: 11/12/2013

Last Buyer's Agent

Trudy Kalucea

Keller Williams Coastal Prop. License #01263450

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,213

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,912 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 5464
  • Assessor Parcel Number 7128009008

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $900
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,477
  • Gross Income $120
  • Net Operating Income $48,758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,213

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 9497775248
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7128009008
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Laminate, Carpet
  • Price Per Square Foot: 212.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 10991.00
  • Lot Size Acres: 0.2520

Multi Family

  • Gross Income: 120.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 10991.0000 Square Feet
  • Net Operating Income: 48758.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 11242.00
  • Rent Control: No
  • Total Actual Rent: 4900.00

Tax Info

  • New Taxes Expense: 7477.00
  • Tax Lot: 61
  • Tax Tract Number: 5464
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2021
Sold by
Toma Kamy
Bought by
Kamy R Toma Living Trust and Toma
Current Estimated Value
$1,147,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$336,924
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$944,242

Purchase Details

Closed on
Feb 8, 2021
Sold by
Kamy R Toma Living Trust and Toma Kamy R
Bought by
Toma Kamy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$336,924
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$944,242

Purchase Details

Listed on
Nov 12, 2013
Closed on
Nov 26, 2013
Sold by
Chang Peter Simon
Bought by
Toma Kamy R and The Kamy R Toma Living Trust
Seller's Agent
Christopher Suh
Up Realty Inc.
Buyer's Agent
Trudy Kalucea
Keller Williams Coastal Prop.
List Price
$669,999
Sold Price
$620,000
Premium/Discount to List
-$49,999
-7.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$465,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Griffin Gregory F and Griffin Virgina
Bought by
Chang Peter Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Kamy R Toma Living Trust -- Lawyers Title
Toma Kamy R -- Lawyers Title
Toma Kamy R $620,000 Fidelity National Title Oran
Chang Peter Simon $535,000 Ltc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toma Kamy $375,000
Closed Toma Kamy R $375,000
Previous Owner Toma Kamy R $430,000
Previous Owner Toma Kamy R $465,000
Previous Owner Chang Peter Simon $565,000
Previous Owner Chang Peter Simon $467,600
Previous Owner Chang Peter Simon $425,000
Previous Owner Griffin Gregory F $172,000
Previous Owner Hernandez Ruby $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2013 12/20/13 Sold $620,000 -7.5% $213 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
11/12/2013 11/12/13 For Sale $669,999 -- $230 / 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 $10,213 $760,023 $367,754 $392,269
2024 $10,213 $745,122 $360,544 $384,578
2023 $10,040 $730,513 $353,475 $377,038
2022 $9,442 $716,191 $346,545 $369,646
2021 $9,245 $702,149 $339,750 $362,399
2020 $9,221 $694,951 $336,267 $358,684
2019 $9,115 $681,325 $329,674 $351,651
2018 $8,757 $667,966 $323,210 $344,756
2016 $8,059 $642,030 $310,660 $331,370
2015 $7,742 $632,387 $305,994 $326,393
2014 $7,704 $620,000 $300,000 $320,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13230095

California Regional Multiple Listing Service (CRMLS)

APN: 7128-009-008