NOT LISTED FOR SALE

Estimated Value: $853,000 - $1,022,000

2 Beds
1 Bath
1,536 Sq Ft
$626/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $462,000 $301 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,627/month

16 Days on Market

About This Home

As of July 2015

***DUPLEX IN HIGHLY DESIRABLE LOS CERRITOS ARE OF BIXBY KNOLLS IN THE CITY LONG BEACH*** This two story duplex features include: two units which mirror each other that each consists of 2 bedrooms, 1.50 bathrooms. Living room entrance to adjacent dining area and glass slider to a covered concrete patio and 2 car detached garage. Open kitchen with tiled counter tops and vinyl floors and side door which opens out to a concrete patio and chain-link/wooden fenced backyard. Adjacent to the kitchen is an inside laundry area with access to a guest 1/2 bathroom. Stairs off of living room afford access to both upstairs bedrooms and a full hall bathroom with bath tub/shower combination. Financials are pulled from projections based on section 8 rents and is for example purposes ONLY!!! DON'T MISS OUT ON THIS OPPORTUNITY!!!

Last Agent to Sell the Property

Laura Roman

Boardwalk Properties License #00458210 Listed on: 06/10/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 5,011 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,536 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 7141005053

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $2,990
  • Net Operating Income $26,910

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Bixby Knolls (BK)
  • Property Type: Residential Income
  • Parcel Number: 7141005053
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 300.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5011.00
  • Price Per Lot Square Foot: 92.20
  • Lot Size Acres: 0.1150

Multi Family

  • Average2 Bed Area: 770
  • Gross Income: 2990.00
  • Gross Scheduled Income: 35880.00
  • Lot Size Area: 5011.0000 Square Feet
  • Net Operating Income: 26910.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8970.00
  • Rent Control: No

Tax Info

  • Taxes Percent: 4.22
  • Tax Lot: 99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
Chhen Ly Chhing and Chhen Ly C
Bought by
Chhen Ly Chhing and Chhen Family Trust
Current Estimated Value
$961,055

Purchase Details

Listed on
Jun 10, 2015
Closed on
Jul 21, 2015
Sold by
Chhen Jon Sen
Bought by
Chhen Ly C
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Laura Roman
Vylla Home, Inc.
List Price
$426,400
Sold Price
$462,000
Premium/Discount to List
$35,600
8.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Sep 24, 2014
Sold by
Campano Nicanor M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 6, 2003
Sold by
Campano Maria
Bought by
Campano Nicanor M

Purchase Details

Closed on
Sep 30, 2002
Sold by
Campano Carlos C
Bought by
Campano Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.5%

Purchase Details

Closed on
Sep 3, 2002
Sold by
Takase Richard M and Takase Bypass Trust
Bought by
Campano Nicanor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.5%

Purchase Details

Closed on
May 20, 1999
Sold by
Takase Richard M and Takase Richard M
Bought by
Takase Richard M and Takase Bypass Trust

Purchase Details

Closed on
Apr 28, 1995
Sold by
Takase Richard M and Takase Nancy F
Bought by
Takase Richard M
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

Date Buyer Sale Price Title Company
Chhen Ly Chhing -- None Available
Chhen Ly C -- Servicelink Title Company
Chhen Ly C $462,000 Servicelink Title Company
Wells Fargo Bank Na $405,350 National Title Ins Of Ny Inc
Campano Nicanor M -- --
Campano Maria -- Chicago Title
Campano Nicanor M $234,000 Chicago Title
Takase Richard M -- --
Takase Richard M -- --
Takase Richard M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Campano Nicanor M $187,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $462,000 +8.3% $301 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/10/2015 06/10/15 For Sale $426,400 -- $278 / 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 $7,106 $546,908 $333,827 $213,081
2024 $7,106 $536,185 $327,282 $208,903
2023 $6,986 $525,672 $320,865 $204,807
2022 $6,561 $515,366 $314,574 $200,792
2021 $6,428 $505,261 $308,406 $196,855
2019 $6,338 $490,276 $299,259 $191,017
2018 $6,138 $480,664 $293,392 $187,272
2016 $5,647 $462,000 $282,000 $180,000
2015 $5,476 $460,000 $280,000 $180,000
2014 $3,378 $276,458 $155,950 $120,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15125039

California Regional Multiple Listing Service (CRMLS)

APN: 7141-005-053