NOT LISTED FOR SALE

1409 E South St Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $692,000 - $802,000

1 Bed
1 Bath
1,453 Sq Ft
$512/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $652,000 $449 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,646/month

24 Days on Market

About This Home

As of April 2022

Three units income property with a lot of updates, new roof, one unit has new windows, bathrooms updated, located close to school , commercial center, churches and 710/91 freeways. One unit is vacant.

Last Agent to Sell the Property

Patricia Conejos

Coldwell Banker Envision License #01294186 Listed on: 02/05/2022

Coldwell Banker Envision

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 4,437 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,453 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Listing and Financial Details

  • Legal Lot and Block 26 / C
  • Tax Tract Number 6773
  • Assessor Parcel Number 7123020025
  • $527 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • North Long Beach Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Fuel Expense $720
  • Insurance Expense $1,400
  • Trash Expense $240
  • Water Sewer Expense $1,420
  • Operating Expense $4,020
  • Gross Income $36,900
  • Net Operating Income $35,604

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1420.00
  • Zoning: LBCNR
  • Property Type: Residential Income
  • Parcel Number: 7123020025
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 448.73

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 240.00
  • 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: 4437.00
  • Lot Size Acres: 0.1019

Multi Family

  • Electric Expense: 240.00
  • Fuel Expense: 720.00
  • Gross Income: 36900.00
  • Gross Scheduled Income: 36900.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 4437.0000 Square Feet
  • Net Operating Income: 35604.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 1296.00
  • Rent Control: No
  • Total Expenses: 4020.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5706.02
  • Tax Lot: 26
  • Tax Tract Number: 6773
  • TaxOtherAnnualAssessmentAmount: 527.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Felix Morales And Gloria Morales Trust
Bought by
Conejos Patricia and Morales Gloria
Current Estimated Value
$743,635

Purchase Details

Closed on
Mar 7, 2017
Sold by
Morales Gloria
Bought by
Morales Gloria and The Felix Morales & Gloria Morales Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2017
Sold by
Morales Gloria
Bought by
Morales Gloria and Conejos Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2012
Sold by
Morales Gloria
Bought by
Morales Gloria

Purchase Details

Closed on
Jan 13, 2012
Sold by
Morales Gloria
Bought by
Morales Gloria and The Felix & Gloria Morales Trust

Purchase Details

Closed on
Nov 17, 2003
Sold by
Davila Leticia
Bought by
Morales Gloria and Conejos Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2001
Sold by
Hud
Bought by
Davila Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,744
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2000
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Aug 15, 2000
Sold by
Velasquez Amadeo
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jul 1, 1999
Sold by
Figueroa Lillian
Bought by
Velasquez Amadeo and Sanchez Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
May 11, 1999
Sold by
Sanchez Nicolas
Bought by
Figueroa Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1998
Sold by
Richardson Noel
Bought by
Sanchez Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,411
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 1997
Sold by
Richardson Noel
Bought by
Richardson Rochelle J and Richardson Noel

Purchase Details

Closed on
Jul 25, 1997
Sold by
Wohlgemuth Thomas R
Bought by
Richardson Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,530
Interest Rate
7.36%
Mortgage Type
FHA
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
Conejos Patricia -- Orange Coast Title
Morales Gloria -- None Available
Morales Gloria -- Chicago Title
Morales Gloria -- None Available
Morales Gloria -- None Available
Morales Gloria $255,000 Commonwealth Land Title Co
Davila Leticia $146,000 Stewart Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $186,524 Landsafe Title
Velasquez Amadeo $175,000 Lawyers Title Company
Figueroa Lillian -- --
Sanchez Nicolas $114,000 Investors Title Company
Richardson Rochelle J -- --
Richardson Noel $95,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Gloria $218,500
Previous Owner Morales Gloria $178,500
Previous Owner Davila Leticia $143,744
Previous Owner Velasquez Amadeo $173,569
Previous Owner Sanchez Nicolas $113,411
Previous Owner Richardson Noel $94,530
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $652,000 +0.3% $449 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $650,000 -0.3% $447 / Sq Ft
02/16/2022 02/16/22 Off Market $652,000 -- --
02/05/2022 02/05/22 For Sale $650,000 -- $447 / 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 $9,002 $691,906 $318,362 $373,544
2024 $9,002 $678,340 $312,120 $366,220
2023 $8,848 $665,040 $306,000 $359,040
2022 $4,618 $341,629 $136,650 $204,979
2021 $4,518 $334,931 $133,971 $200,960
2019 $4,454 $324,999 $129,999 $195,000
2018 $4,290 $318,627 $127,450 $191,177
2016 $3,952 $306,255 $122,501 $183,754
2015 $3,799 $301,655 $120,661 $180,994
2014 $3,786 $295,747 $118,298 $177,449
Source: Public Records

Agents Affiliated with this Home

  • Patricia Conejos

    Seller's Agent in 2022

    Patricia Conejos

    Coldwell Banker Envision

    (562) 881-4107

    1 in this area

    47 Total Sales

    Patricia Conejos
    Section Image

  • N

    Buyer's Agent in 2022

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,161 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22023507

California Regional Multiple Listing Service (CRMLS)

APN: 7123-020-025

California Los Angeles County Long Beach 90805 Nehyam

1409 E South St, 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