NOT LISTED FOR SALE

1333 Martin Luther King jr Ave Long Beach, CA 90813

Central Neighborhood

Estimated Value: $813,000 - $887,000

7 Beds
3 Baths
1,460 Sq Ft
$584/Sq Ft Est. Value

Last Sold May 14, 2014

Last sale price $330,000 $226 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $5,230/month

33 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating
  • Level Lot
  • Long Beach Polytechnic High School Rated A
  • 2 Car Garage

About This Home

As of May 2014

BANK OWNED DUPLEX SOLD IN AS-IS CONDITION. NEEDS COSMETIC REPAIRS. GREAT INCOME POTENTIAL. Title shows 4 bed/2bath - previous owner added 3bed/1bath. Buyer to verify permits.

Last Agent to Sell the Property

Pietra Du Buclet

Coldwell Banker George Realty License #00876865 Listed on: 04/29/2014

Last Buyer's Agent

Jim Suos

First American Team Realty Inc License #01240200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,253

Year Built

  • Built in 1979

Lot Details

  • 6,371 Sq Ft Lot
  • Lot Dimensions are 50 x 130
  • No Common Walls
  • Block Wall Fence
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,460 Sq Ft Home
  • Contemporary Architecture
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 18 / B
  • Assessor Parcel Number 7268013043

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,253

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LBR1N
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7268013043
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 226.03

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Level
  • Lot Size: 50 x 130
  • Lot Size Sq Ft: 6371.00
  • Lot Size Acres: 0.1460

Multi Family

  • Lot Size Area: 6371.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Lot: 18
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2014
Sold by
1333 Martin Luther King Blvd Llc
Bought by
Lee Edward and Srey Sandy S
Current Estimated Value
$852,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,400
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2009
Sold by
Uy Kim Huoy
Bought by
All California Mortgage Fund Llc and Equity Trust Company

Purchase Details

Closed on
Mar 16, 2004
Sold by
Uy Ko
Bought by
Uy Kim Huoy

Purchase Details

Closed on
Dec 18, 1999
Sold by
Uy Meng
Bought by
Uy Ko

Purchase Details

Closed on
Jul 26, 1999
Sold by
Uy Ko
Bought by
Uy Meng

Purchase Details

Closed on
Aug 5, 1996
Sold by
Uy Meng
Bought by
Uy Ko
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
Lee Edward $380,000 Old Republic Title Company
All California Mortgage Fund Llc $291,155 None Available
Uy Kim Huoy -- --
Uy Ko -- --
Uy Meng -- --
Uy Ko -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Edward $257,400
Previous Owner Uy Kim Huoy $245,000
Previous Owner Uy Kim Huoy $46,500
Previous Owner Uy Kim Huoy $20,000
Previous Owner Uy Kim Huoy $17,000
Previous Owner Uy Kim H $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2014 05/14/14 Sold $330,000 -9.6% $226 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $365,000 -- $250 / 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 $6,253 $465,817 $290,157 $175,660
2024 $6,253 $456,684 $284,468 $172,216
2023 $6,152 $447,731 $278,891 $168,840
2022 $5,788 $438,953 $273,423 $165,530
2021 $5,665 $430,347 $268,062 $162,285
2020 $5,649 $425,935 $265,314 $160,621
2019 $5,585 $417,584 $260,112 $157,472
2018 $5,316 $409,397 $255,012 $154,385
2016 $4,876 $393,501 $245,110 $148,391
2015 $5,064 $387,592 $241,429 $146,163
2014 $3,422 $271,668 $157,947 $113,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13250566

California Regional Multiple Listing Service (CRMLS)

APN: 7268-013-043