$720,000
SOLD APR 18, 2024
6 Beds
3 Baths
2 Sq Ft
5,765 Sq Ft Lot

Recently Sold

$360,000 Per Sq Ft

10% Below List Price

30 Days on Market

Highlights

  • Laundry Room
  • Carpet
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of April 2024

This duplex is situated on the North side of Long Beach and is perfect for a family or an investor looking to earn passive income every month. It is located near the 710 and 91 freeways, as well as schools and shopping centers. The front unit has four bedrooms and two bathrooms, while the back unit has two bedrooms, a bonus room, one bathroom, and two separate garages. It requires some repairs and a little TLC.

Last Agent to Sell the Property

JAMES MUHAMMAD

RE/MAX CHAMPIONS Brokerage Phone: 909-641-6008 License #01225479 Listed on: 12/12/2023

RE/MAX CHAMPIONS

Last Buyer's Agent

JAMES MUHAMMAD

RE/MAX CHAMPIONS Brokerage Phone: 909-641-6008 License #01225479 Listed on: 12/12/2023

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,529

Year Built

  • Built in 1936

Lot Details

  • 5,765 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 2 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 11 / 8
  • Tax Tract Number 6792
  • Assessor Parcel Number 7304006021
  • $563 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $476
  • Insurance Expense $775
  • Trash Expense $110
  • Water Sewer Expense $178
  • Operating Expense $288
  • Net Operating Income $34,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,529

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 360450
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 178.00
  • Zoning: LBR1N
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7304006021
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Private Sewer
  • Trash Expense: 110.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5765.00
  • Lot Size Acres: 0.1323

Multi Family

  • Electric Expense: 476.00
  • Gross Scheduled Income: 3500.00
  • Insurance Expense: 775.00
  • Lot Size Area: 5765.0000 Square Feet
  • Net Operating Income: 34000.00
  • 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: 8000.00
  • Rent Control: No
  • Total Expenses: 288.00

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 5704.03
  • Tax Lot: 11
  • Tax Tract Number: 6792
  • TaxOtherAnnualAssessmentAmount: 563.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 1, 2024
Sold by
Millennial Investments Llc
Bought by
Behboody Idean Parviz
Seller's Agent
Jun Hoang
Realty Connection Group
Buyer's Agent
Fay Dehbachi
Real Estate Legends USA
List Price
$964,900
Sold Price
$970,000
Premium/Discount to List
$5,100
0.53%
Views
148
Current Estimated Value
$969,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$314
Avg. Annual Appreciation
-0.03%
Original Mortgage
$872,902
Outstanding Balance
$866,899
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$102,787

Purchase Details

Listed on
Dec 12, 2023
Closed on
Apr 9, 2024
Sold by
Jones Rw and Jones La Salle
Bought by
Millennial Investment Llc
Seller's Agent
JAMES MUHAMMAD
RE/MAX CHAMPIONS
Buyer's Agent
JAMES MUHAMMAD
RE/MAX CHAMPIONS
List Price
$799,900
Sold Price
$720,000
Premium/Discount to List
-$79,900
-9.99%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.54%
Original Mortgage
$693,000
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 12, 2023
Closed on
Mar 1, 2024
Sold by
Jones Vivian L
Bought by
Jones Rw
Seller's Agent
JAMES MUHAMMAD
RE/MAX CHAMPIONS
Buyer's Agent
JAMES MUHAMMAD
RE/MAX CHAMPIONS
List Price
$799,900
Sold Price
$720,000
Premium/Discount to List
-$79,900
-9.99%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
6.88%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 27, 2012
Sold by
Jones R W
Bought by
Jones R W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2004
Sold by
Jones Peter A
Bought by
Jones R W

Purchase Details

Closed on
Feb 9, 1999
Sold by
Jones Peter A and Jones W R
Bought by
Jones R W and Jones Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,500
Interest Rate
6.79%

Purchase Details

Closed on
Sep 23, 1996
Sold by
Jones Vivian L
Bought by
Jones Peter A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $970,000 First American Title Company
Grant Deed $720,000 First American Title
Gift Deed -- First American Title
Interfamily Deed Transfer -- Old Republic Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Investors Title Ins Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $872,902 New Conventional
Previous Owner $693,000 Construction
Previous Owner $149,500 New Conventional
Previous Owner $154,500 Unknown
Previous Owner $88,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $970,000 +34.7% $431 / Sq Ft
04/18/2024 04/18/24 Sold $720,000 -0.1% $360,000 / Sq Ft
03/19/2024 03/19/24 Price Changed $720,900 0.0% $360,450 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $720,900 -2.0% $360,450 / Sq Ft
01/08/2024 01/08/24 Price Changed $735,900 -8.0% $367,950 / Sq Ft
12/28/2023 12/28/23 For Sale $799,900 0.0% $399,950 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $799,900 -- $399,950 / 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
2024 $2,529 $157,785 $45,689 $112,096
2023 $2,494 $154,693 $44,794 $109,899
2022 $2,366 $151,661 $43,916 $107,745
2021 $2,313 $148,688 $43,055 $105,633
2020 $2,306 $147,164 $42,614 $104,550
2019 $2,280 $144,279 $41,779 $102,500
2018 $2,112 $141,451 $40,960 $100,491
2016 $1,930 $135,960 $39,370 $96,590
2015 $1,859 $133,919 $38,779 $95,140
2014 $1,856 $131,297 $38,020 $93,277
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23224756

California Regional Multiple Listing Service (CRMLS)

APN: 7304-006-021