NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,242,085

4 Beds
2 Baths
1,920 Sq Ft
$584/Sq Ft Est. Value

Sale Details

Date Sold: January 21, 2022

Last sale price $975,000 $508 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,220 / mo

68 Days on Market

Highlights

  • 0.03 Acre Lot
  • Bike Trail
  • 4-minute walk to Bixby Park
  • Long Beach Polytechnic High School Rated A
  • Dog Park

About This Home

As of January 2022

Beautiful Classic Spanish Duplex just a few blocks from the beach. Excellent rental area. Two 2 bedroom/1 bath units with laminated and tile flooring. Stove and dishwasher included as well as washer and dryer hookups. Large basement with storage.

Last Agent to Sell the Property

Kurt Wood

Belmont Brokerage & Mgmt. INC. License #00452182 Listed on: 10/07/2021

Last Buyer's Agent

Christy Di Leo

Compass License #01797896

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 1,474 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 1 / 67
  • Assessor Parcel Number 7265020002
  • $377 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Alamitos Beach Subdivision

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $1
  • Gross Income $44,712
  • Net Operating Income $24,592

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

1,474 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 1.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7265020002
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 507.81

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1474.00
  • Lot Size Acres: 0.0338

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 960 Square Feet
  • Gross Income: 44712.00
  • Gross Scheduled Income: 44712.00
  • Insurance Expense: 1.00
  • Lot Size Area: 1474.0000 Square Feet
  • Net Operating Income: 24592.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 20120.00
  • Operating Expense Percent: 45.00
  • Rent Control: Yes
  • Total Actual Rent: 44712.00
  • Total Expenses: 1.00

Tax Info

  • Tax Block: 67
  • Tax Census Tract: 5766.02
  • Tax Lot: 1
  • Tax Tract Number: .
  • TaxOtherAnnualAssessmentAmount: 377.00

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

Listed on
Oct 7, 2021
Closed on
Dec 29, 2021
Sold by
Bought by
Seller's Agent
Kurt Wood
Belmont Brokerage & Mgmt. INC.
Buyer's Agent
Christy Di Leo
Compass
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%
Current Estimated Value
$1,120,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,521
Avg. Annual Appreciation
3.16%
Original Mortgage
$957,340
Interest Rate
0.0311%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2009
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
$315,000
Interest Rate
0.0506%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2009
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
$315,000
Interest Rate
0.0506%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2009
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
$315,000
Interest Rate
0.0506%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 3, 2004
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
$540,000
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2004
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
$435,000
Interest Rate
0.0425%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2003
Sold by
Bought by

Purchase Details

Closed on
Feb 14, 2001
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
$224,800
Interest Rate
0.0689%

Purchase Details

Closed on
Sep 27, 1999
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
$198,365
Interest Rate
0.0797%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 1994
Sold by
Bought by
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
$111,363 Fidelity National Title
-- Chicago Title Inland Empire
-- Chicago Title Inland Empire
$420,000 Chicago Title Inland Empire
$675,000 --
$580,000 --
-- Chicago Title Co
$430,000 Equity Title
-- California Counties Title Co
$200,000 Fidelity Title
-- World Title
$216,500 World Title
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 $957,340
Previous Owner $266,535
Previous Owner $304,300
Previous Owner $315,000
Previous Owner $150,000
Previous Owner $540,000
Previous Owner $435,000
Previous Owner $224,800
Previous Owner $198,365
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
01/21/2022 01/21/22 Sold $975,000 -7.1% $508 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $1,050,000 -- $547 / 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 $13,594 $1,034,677 $721,621 $313,056
2024 $13,011 $1,014,390 $707,472 $306,918
2023 $12,794 $994,500 $693,600 $300,900
2022 $6,467 $509,652 $303,366 $206,286
2021 $6,333 $499,660 $297,418 $202,242
2019 $6,242 $485,083 $288,598 $196,485
2018 $6,081 $475,578 $282,940 $192,638
2016 $5,589 $456,882 $271,954 $184,928
2015 $5,365 $450,020 $267,869 $182,151
2014 $5,331 $441,205 $262,622 $178,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21223047

California Regional Multiple Listing Service (CRMLS)

APN: 7265-020-002

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