NOT LISTED FOR SALE

1382 Molino Ave Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $874,000 - $1,127,000

6 Beds
4 Baths
2,148 Sq Ft
$469/Sq Ft Est. Value

Last Sold September 15, 2022

Last sale price $888,000 $413 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,269/month

71 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Wall Furnace

About This Home

As of September 2022

Great opportunity to own this triplex in Long Beach. Each unit is detached. Front house is a 2 bed/1 bath, there is a 2 story 2 bed/ 2 bath unit and a 2 bed/1 bath unit. Property has a total of 4 garages, there are 2 in the front, and 2 in the back with alley access. Property has several fruit trees.
*All units will be delivered vacant*
Come check out everything that this beautiful beach city has to offer. Within minutes from the beach, and all the entertainment at the Queen Mary, the Marina, and Shoreline Village just to name a few.

Last Agent to Sell the Property

Veronica Garcia

First American Team Realty Inc License #01513400 Listed on: 04/22/2022

Last Buyer's Agent

Sam Alherech

Buckingham Investments, Inc License #02148135

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,465 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,148 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 575102
  • Assessor Parcel Number 7260025004

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7260025004
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 413.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6465.00
  • Lot Size Acres: 0.1484

Multi Family

  • Gross Income: 3900.00
  • Gross Scheduled Income: 3900.00
  • Lot Size Area: 6465.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 4000.00

Tax Info

  • Tax Census Tract: 5751.02
  • Tax Lot: 2
  • Tax Tract Number: 575102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2010
Sold by
Espinoza Jose and Vega Magdalena
Bought by
Vega Magdalena and Espinoza Jose
Current Estimated Value
$1,006,402

Purchase Details

Closed on
Jun 18, 2008
Sold by
Vega Magdalena
Bought by
Espinoza Jose and Vega Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,950
Outstanding Balance
$342,636
Interest Rate
5.99%
Mortgage Type
New Conventional
Estimated Equity
$663,766

Purchase Details

Closed on
Mar 23, 2004
Sold by
Espinoza Jose
Bought by
Vega Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2001
Sold by
Deforeest Michael A
Bought by
Espinoza Jose and Vega Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,528
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 1999
Sold by
Norwest Bank Minnesota National Assn
Bought by
Deforeest Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,036
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 1998
Sold by
Judiny Eugene
Bought by
Norwest Bank Minnesota National Assn

Purchase Details

Closed on
Sep 12, 1997
Sold by
Niki Narlita Holdings Inc
Bought by
Judiny Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
10.24%

Purchase Details

Closed on
Mar 13, 1997
Sold by
Family Trust Dow Richard G And Regina C Trs D
Bought by
Niki Narlita Holdings Inc

Purchase Details

Closed on
Jan 12, 1995
Sold by
Dow Richard G and Dow Regina C
Bought by
Dow Richard G and Dow Regina C
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
Vega Magdalena -- Chicago Title Inland Empire
Espinoza Jose -- Ticor Title Company
Vega Magdalena -- Ticor-American Title Company
Espinoza Jose $249,000 North American Title Co
Deforeest Michael A $145,000 Chicago Title
Norwest Bank Minnesota National Assn $153,424 Chicago Title Co
Judiny Eugene $180,000 Lawyers Title Company
Niki Narlita Holdings Inc $127,000 Continental Lawyers Title Co
Dow Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Jose $537,950
Closed Vega Magdalena $303,000
Closed Espinoza Jose $245,528
Previous Owner Deforeest Michael A $144,036
Previous Owner Judiny Eugene $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2022 09/15/22 Sold $888,000 -6.5% $413 / Sq Ft
08/30/2022 08/30/22 Price Changed $950,000 0.0% $442 / Sq Ft
07/12/2022 07/12/22 Price Changed $950,000 -5.0% $442 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $999,999 -- $466 / 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 $11,953 $923,875 $676,260 $247,615
2024 $11,953 $905,760 $663,000 $242,760
2023 $11,753 $888,000 $650,000 $238,000
2022 $4,889 $353,547 $181,744 $171,803
2021 $4,781 $346,616 $178,181 $168,435
2020 $4,769 $343,542 $176,354 $167,188
2019 $4,715 $336,817 $172,897 $163,920
2018 $4,485 $330,223 $169,507 $160,716
2016 $4,126 $316,941 $162,926 $154,015
2015 $3,968 $312,181 $160,479 $151,702
2014 $3,955 $306,067 $157,336 $148,731
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Veronica Garcia

    First American Team Realty Inc

    Section Image

  • S

    Buyer's Agent in 2022

    Sam Alherech

    Buckingham Investments, Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22082536

California Regional Multiple Listing Service (CRMLS)

APN: 7260-025-004

California Los Angeles County Long Beach 90804 Zaferia

1382 Molino Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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