NOT LISTED FOR SALE

1400 Walnut Ave Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $1,097,000 - $1,186,000

2 Beds
1 Bath
3,618 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 12, 2016

Last sale price $605,000 $167 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,741/month

7 Days on Market

Highlights

  • Carpet
  • Long Beach Polytechnic High School Rated A
  • Wall Furnace

About This Home

As of January 2016

Spanish style fourplex on a corner lot in a popular rental area. Lots of potential! Each unit is a good sized two bedroom and there are four garages.

Last Agent to Sell the Property

Lorri Quiett

Vylla Home, Inc. License #01371114 Listed on: 10/08/2015

Last Buyer's Agent

Lance Barker

RE/MAX Select One License #01290308

RE/MAX Select One

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,020 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Raised Foundation

Interior Spaces

  • 3,618 Sq Ft Home
  • 2-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Tract Number 5752
  • Assessor Parcel Number 7261014023

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,950

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Country Road
  • Subdivision Name Other: Poly High (PH)
  • Property Type: Residential Income
  • Parcel Number: 7261014023
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 167.22

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Size Sq Ft: 4020.00
  • Price Per Lot Square Foot: 150.50
  • Lot Size Acres: 0.0920

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 900
  • Gross Income: 3950.00
  • Lot Size Area: 4020.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Tract Number: 5752.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2015
Sold by
Williams Daniel E
Bought by
Peng Dong Yun and Phu Young Thanh
Current Estimated Value
$1,134,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2005
Sold by
Seng Annkim
Bought by
Williams Daniel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
5.55%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 21, 1994
Sold by
Alvarez Anita M
Bought by
Seng Annkim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Peng Dong Yun $605,000 Orange Coast Title Co Socal
Williams Daniel E $710,000 Old Republic Title Co
Seng Annkim $137,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peng Dong Yun $453,750
Previous Owner Williams Daniel E $568,000
Previous Owner Seng Annkim $123,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2016 01/12/16 Sold $605,000 +1.0% $167 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $599,000 -- $166 / 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 $9,584 $716,190 $414,325 $301,865
2024 $9,584 $702,148 $406,201 $295,947
2023 $9,420 $688,382 $398,237 $290,145
2022 $8,854 $674,885 $390,429 $284,456
2021 $8,660 $661,653 $382,774 $278,879
2019 $8,537 $642,030 $371,422 $270,608
2018 $8,275 $629,442 $364,140 $265,302
2016 $10,274 $836,015 $544,000 $292,015
2015 $9,864 $823,458 $535,829 $287,629
2014 $9,803 $807,328 $525,333 $281,995
Source: Public Records

Agents Affiliated with this Home

  • Lorri Quiett

    Seller's Agent in 2016

    Lorri Quiett

    Vylla Home, Inc.

    (562) 682-3130

    1 in this area

    127 Total Sales

    Lorri Quiett
    Section Image
  • Lance Barker

    Buyer's Agent in 2016

    Lance Barker

    RE/MAX

    (714) 932-2411

    190 Total Sales

    Lance Barker
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15221509

California Regional Multiple Listing Service (CRMLS)

APN: 7261-014-023

California Los Angeles County Long Beach 90813 Cambodia Town

1400 Walnut Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes