C
Seller's Agent in 2016
Connie Hui
Berkshire Hathaway H.S.C.P.
(562) 688-6986
10 Total Sales
1408 Gaviota Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $1,034,000 - $1,178,000
6
Beds
5
Baths
2,458
Sq Ft
$450/Sq Ft
Est. Value
About This Home
As of February 2016Great opportunity for you to own a four units plus a studio investment property. Tenants are responsible for their our utilities except for water. Property is located in a rental area. Great potential for investor. Property needs TLC. Front house is a 2 bedroom and 1 bath. Second building consists of one unit downstairs with 1 bedroom & 1 bath and another unit upstairs with 1 bedroom & 1 bath. Third building consists of one unit with 2 bedrooms & 1 bath and another studio unit.
Last Agent to Sell the Property
Berkshire Hathaway H.S.C.P. License #01219533 Listed on: 01/26/2016
Co-Listed By
Jim Murrin
Berkshire Hathaway Hm Ser License #00526777
Last Buyer's Agent
Maria Amaya
C-21 Jervis & Associates License #01176249
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,114
Year Built
- Built in 1923
Lot Details
- 6,503 Sq Ft Lot
- Two or More Common Walls
Parking
- 3 Car Garage
Home Design
- 2,458 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 11
- Tax Tract Number 3794
- Assessor Parcel Number 7261015013
Community Details
Overview
- 3 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $341
- Insurance Expense $2,649
- Maintenance Expense $1,824
- Pest Control $600
- Water Sewer Expense $1,829
- New Taxes Expense $6,875
- Gross Income $4,150
- Net Operating Income $35,239
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 25, 2016
Sold by
Ruiz Jorge Adalberto
Bought by
Ruiz Jorge A and Ruiz Daysi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 26, 2016
Closed on
Feb 17, 2016
Sold by
Mcintosch Ronald and Mcintosch Angela
Bought by
Ruiz Jorge A and Ruiz Daysi
Seller's Agent
Connie Hui
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Maria Amaya
C-21 Jervis & Associates
List Price
$550,000
Sold Price
$572,000
Premium/Discount to List
$22,000
4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$457,600
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 21, 2005
Sold by
Maxwell Dorothy M
Bought by
Maxwell Dorothy M and The Dorothy M Maxwell Trust
Purchase Details
Closed on
Oct 14, 2003
Sold by
Lund Philip G and Lund Mary K
Bought by
Mcintosh Ronald and Mcintosh Angela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ruiz Jorge A | -- | First American Title Company | |
| Ruiz Jorge Adalberto | -- | First American Title Company | |
| Ruiz Jorge A | $572,000 | Orange Coast Title Co Socal | |
| Maxwell Dorothy M | -- | None Available | |
| Mcintosh Ronald | $415,000 | Ticor Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ruiz Jorge A | $433,000 | |
| Closed | Ruiz Jorge Adalberto | $448,000 | |
| Closed | Ruiz Jorge A | $457,600 | |
| Previous Owner | Mcintosh Ronald | $332,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/29/2016 02/29/16 | Sold | $572,000 | +4.0% | $233 / Sq Ft |
| 02/14/2016 02/14/16 | Pending | -- | -- | -- |
| 01/26/2016 01/26/16 | For Sale | $550,000 | -- | $224 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,114 | $677,122 | $414,325 | $262,797 |
| 2024 | $9,114 | $663,846 | $406,201 | $257,645 |
| 2023 | $8,957 | $650,831 | $398,237 | $252,594 |
| 2022 | $8,422 | $638,071 | $390,429 | $247,642 |
| 2021 | $8,246 | $625,561 | $382,774 | $242,787 |
| 2020 | $8,225 | $619,148 | $378,850 | $240,298 |
| 2019 | $8,129 | $607,009 | $371,422 | $235,587 |
| 2018 | $7,815 | $595,108 | $364,140 | $230,968 |
| 2016 | $6,343 | $498,423 | $236,600 | $261,823 |
| 2015 | $6,096 | $490,938 | $233,047 | $257,891 |
| 2014 | $6,070 | $481,322 | $228,482 | $252,840 |
Source: Public Records
Agents Affiliated with this Home
-
Connie Hui
-
J
Seller Co-Listing Agent in 2016
Jim Murrin
Berkshire Hathaway Hm Ser
-
M
Buyer's Agent in 2016
Maria Amaya
C-21 Jervis & Associates
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS16017107
APN: 7261-015-013
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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
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