NOT LISTED FOR SALE

141 E 16th St Long Beach, CA 90813

Washington School Neighborhood

Estimated Value: $959,000 - $1,152,303

4 Beds
4 Baths
3,024 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $700,000 $231 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,782/month

38 Days on Market

Highlights

  • Corner Lot
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of May 2018

Wonderful opportunity to own income property!!! This property contains 4 great units, top two units are 1 bedrooms and 1 bathroom,with the potential to become a 2 bedroom. Bottom two units are both 1 bedroom and 1 bathroom. The two upstairs units have their own balcony providing neighborhood views. All units have updated bathrooms and wood laminate flooring. This building has a good set of bones. It has updated electrical wiring, sewer lines with PVC pipes and added copper plumbing. 10+ year roof in good condition. All units are separately metered including the washer and dryer room outside the building. There is also a two door garage that still leaves enough space for 4 more car spaces in the driveway. These units are only blocks away from your local market, restaurants, and only minutes way from Long Beach Poly High School and Roosevelt Elementary School. Property has easy access to the 710 freeway and PCH. Don't miss this great opportunity!

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 02/02/2018

Keller Williams Beverly Hills

Last Buyer's Agent

RYAN RODRIGUEZ

NestnKey License #01947790

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,487

Year Built

  • Built in 1914

Lot Details

  • 2,960 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 3,024 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 11934
  • Assessor Parcel Number 7269011018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,487

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7269011018
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 231.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2960.00

Multi Family

  • 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 Census Tract: 5754.02
  • Tax Lot: 15
  • Tax Tract Number: 11934

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2018
Closed on
Mar 16, 2018
Sold by
Watkins Kay R
Bought by
Nicassio Austin and Retana Sadie
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
RYAN RODRIGUEZ
NestnKey
List Price
$700,000
Sold Price
$700,000
Current Estimated Value
$1,069,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,826
Avg. Annual Appreciation
6.03%
Original Mortgage
$665,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Watkins Kay R
Bought by
Kay R Watkins Separate Property Trust

Purchase Details

Closed on
Nov 20, 2002
Sold by
Watkins Kay R
Bought by
Watkins Kay R and The Kay R Watkins Separate Property Tr
Source: Public Records

Range of Values:

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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
Nicassio Austin $700,000 Fidelity National Title Comp
Kay R Watkins Separate Property Trust -- None Available
Watkins Kay R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicassio Austin $663,864
Previous Owner Nicassio Austin $665,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $700,000 0.0% $231 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $700,000 0.0% $231 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $700,000 -- $231 / 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 $10,487 $796,474 $284,454 $512,020
2024 $10,487 $780,858 $278,877 $501,981
2023 $10,307 $765,548 $273,409 $492,139
2022 $9,681 $750,539 $268,049 $482,490
2021 $9,476 $735,824 $262,794 $473,030
2019 $9,340 $714,000 $255,000 $459,000
2018 $1,221 $48,638 $25,829 $22,809
2016 $1,115 $46,751 $24,827 $21,924
2015 $1,085 $46,050 $24,455 $21,595
2014 $1,103 $45,148 $23,976 $21,172
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Adrian Cafuentes

    Keller Williams Beverly Hills

    Section Image

  • R

    Buyer's Agent in 2018

    RYAN RODRIGUEZ

    NestnKey

    (626) 288-2332

    11 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18024780

California Regional Multiple Listing Service (CRMLS)

APN: 7269-011-018

California Los Angeles County Long Beach 90813 Washington School

141 E 16th St, Long Beach, CA

This home is located at 141 E 16th St, Long Beach, CA 90813 since 02 February 2018 and is currently estimated at $1,069,826, approximately $353 per square foot. This property was built in 1914. 141 E 16th St is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Washington Middle School, and Long Beach Polytechnic High School.

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

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