NOT LISTED FOR SALE

Estimated Value: $854,000 - $980,597

6 Beds
4 Baths
1,950 Sq Ft
$469/Sq Ft Est. Value

Sale Details

Date Sold: May 3, 2023

Last sale price $800,000 $410 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,957 / mo

5 Days on Market

Highlights

  • Property is near park
  • Laundry Facilities
  • 5-minute walk to Douglas Macarthur Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of May 2023

Great opportunity to own this income property's! Unit one 1338 have 3 bedroom 1 1/2 bath, unit two 1338 1/2 have 3 bedroom 2 bath. Convenience locations, close to restaurants, markets, bus, parks, freeways and about 2 mile s from the breaches.

Last Agent to Sell the Property

Lanelle Lapel

First American Team Realty Inc License #01364887 Listed on: 03/15/2023

Last Buyer's Agent

Navy Ortiz

Bronwyn Realty Inc License #01746268

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 6,521 Sq Ft Lot
  • 1 Common Wall

Parking

  • 4 Parking Spaces

Home Design

  • 1,950 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Property is near park

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 4 / 1
  • Tax Tract Number 575
  • Assessor Parcel Number 7261027004
  • $543 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $360
  • Insurance Expense $1,310
  • Operating Expense $6,520
  • Gross Income $43,200
  • Net Operating Income $36,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

6,521 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7261027004
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 410.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 6521.00
  • Lot Size Acres: 0.1497

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1310.00
  • Lot Size Area: 6521.0000 Square Feet
  • Net Operating Income: 36680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6520.00
  • Rent Control: No
  • Total Expenses: 6520.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5752.02
  • Tax Lot: 4
  • Tax Tract Number: 575...
  • TaxOtherAnnualAssessmentAmount: 543.00

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

Closed on
Jan 15, 2026
Sold by
Bought by
Current Estimated Value
$915,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
0.0622%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 17, 2023
Sold by
Bought by
Seller's Agent
Lanelle Lapel
First American Team Realty Inc
Buyer's Agent
Navy Ortiz
Bronwyn Realty Inc
List Price
$815,000
Sold Price
$800,000
Premium/Discount to List
-$15,000
-1.84%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$60,000
Interest Rate
0.0642%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 29, 2023
Sold by
Bought by
Seller's Agent
Lanelle Lapel
First American Team Realty Inc
Buyer's Agent
Navy Ortiz
Bronwyn Realty Inc
List Price
$815,000
Sold Price
$800,000
Premium/Discount to List
-$15,000
-1.84%
Views
81

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
0.0642%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 10, 2023
Sold by
Bought by
Seller's Agent
Lanelle Lapel
First American Team Realty Inc
Buyer's Agent
Navy Ortiz
Bronwyn Realty Inc
List Price
$815,000
Sold Price
$800,000
Premium/Discount to List
-$15,000
-1.84%
Views
81

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
0.0642%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
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
$225,000
Interest Rate
0.0452%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 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
$156,000
Interest Rate
0.0663%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 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
$156,000
Interest Rate
0.0663%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
-- Usa National Title Company
-- Accommodation/Courtesy Recordi
-- Accommodation/Courtesy Recordi
-- Usa National Title
$800,000 Lawyers Title Company
$300,000 Chicago Title
-- United Title Company
-- United Title Company
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
Open $610,000
Closed $60,000
Previous Owner $225,000
Previous Owner $378,000
Previous Owner $156,000
Previous Owner $175,500
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
05/03/2023 05/03/23 Sold $800,000 -1.8% $410 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $815,000 -- $418 / 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 $11,168 $832,320 $624,240 $208,080
2024 $10,687 $816,000 $612,000 $204,000
2023 $5,153 $369,416 $184,708 $184,708
2022 $4,850 $362,174 $181,087 $181,087
2021 $4,747 $355,074 $177,537 $177,537
2020 $4,734 $351,434 $175,717 $175,717
2019 $4,681 $344,544 $172,272 $172,272
2018 $4,442 $337,790 $168,895 $168,895
2016 $4,082 $324,676 $162,338 $162,338
2015 $3,922 $319,800 $159,900 $159,900
2014 $3,903 $313,536 $156,768 $156,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23042876

California Regional Multiple Listing Service (CRMLS)

APN: 7261-027-004

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