NOT LISTED FOR SALE

Estimated Value: $524,000 - $750,000

3 Beds
2 Baths
956 Sq Ft
$693/Sq Ft Est. Value

Last Sold April 09, 2019

Last sale price $350,000 $366 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,035/month

73 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-minute walk to Douglas Macarthur Park
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of April 2019

Fantastic Investment Opportunity! Lots of upside potential. Located in park and library area. Central to everything Long Beach. One of the best values for the area.

Last Agent to Sell the Property

Erik Kaiser

RE/MAX TerraSol License #01111620 Listed on: 10/09/2018

RE/MAX TerraSol

Last Buyer's Agent

Jim Suos

First American Team Realty Inc License #01240200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,208

Year Built

  • Built in 1921

Lot Details

  • 5,772 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 956 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5752
  • Assessor Parcel Number 7268041013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,208

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7268041013
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 366.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 5772.00
  • Lot Size Acres: 0.1325

Multi Family

  • Gross Scheduled Income: 15000.00
  • Lot Size Area: 5772.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5752.02
  • Tax Lot: 9
  • Tax Tract Number: 5752.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Feb 14, 2019
Sold by
Lee Edward
Bought by
Srey Sandy Sokheng
Seller's Agent
Erik Kaiser
RE/MAX TerraSol
Buyer's Agent
Jim Suos
First American Team Realty Inc
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$662,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,177
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Dec 31, 2018
Sold by
Brownfield Denise P and Jose A Reategui And Maria C Re
Bought by
Srey Sandy Sokheng and Lee Annie N

Purchase Details

Closed on
Mar 8, 2005
Sold by
Reategui Jose A and Reategui Maria C
Bought by
Reategui Jose A and Reategui Maria C
Source: Public Records

Range of Values:

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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
Srey Sandy Sokheng -- Chicago Title
Srey Sandy Sokheng $350,000 Fidelity National Title
Reategui Jose A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2019 04/09/19 Sold $350,000 -2.5% $366 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/07/2018 12/07/18 Price Changed $359,000 -10.0% $376 / Sq Ft
10/09/2018 10/09/18 For Sale $399,000 -- $417 / 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 $5,208 $390,426 $278,876 $111,550
2024 $5,208 $382,771 $273,408 $109,363
2023 $5,119 $375,267 $268,048 $107,219
2022 $4,813 $367,910 $262,793 $105,117
2021 $4,716 $360,697 $257,641 $103,056
2020 $4,704 $357,000 $255,000 $102,000
2019 $1,103 $56,800 $34,690 $22,110
2018 $976 $55,687 $34,010 $21,677
2016 $901 $53,527 $32,691 $20,836
2015 $872 $52,724 $32,200 $20,524
2014 $880 $51,692 $31,570 $20,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18248105

California Regional Multiple Listing Service (CRMLS)

APN: 7268-041-013