NOT LISTED FOR SALE

1410 E 4th St Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $1,166,721 - $1,448,000

3 Beds
2 Baths
2,284 Sq Ft
$543/Sq Ft Est. Value

Last Sold February 03, 2014

Last sale price $540,000 $236 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,728/month

15 Days on Market

Highlights

  • 0.21 Acre Lot
  • No HOA
  • 1-minute walk to Miracle On Fourth Street Park
  • Long Beach Polytechnic High School Rated A
  • 1-Story Property

About This Home

As of February 2014

GOOD INVESTMENT OR FIRST TIME BUYER PROPERTY IN EXCELLENT LOCATION, CLOSE TO THE CONVENTION CENTER 5 MINUTES AWAY TO THE BEACH & LUXURY HOTELS. 1-2BR 1BA, 2-1BR 1BA, 3-1BR 1BA, 4-1BR 1BA, AND ALSO THE GARAGE IS CONVERT TO A UNIT PERMIT UNKNOWN DRIVE BY ONLY, DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Jorge Garcia

Elevate Real Estate Agency License #01866519 Listed on: 12/30/2013

Elevate Real Estate Agency

Last Buyer's Agent

Jorge Garcia

Elevate Real Estate Agency License #01866519 Listed on: 12/30/2013

Elevate Real Estate Agency

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 9,033 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 2,284 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 4 / 2
  • Tax Tract Number 1
  • Assessor Parcel Number 7275007002

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,260
  • Trash Expense $900
  • Water Sewer Expense $3,000
  • New Taxes Expense $4,056
  • Gross Income $3,800
  • Net Operating Income $36,384

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 7275007002
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 236.43

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9033.00
  • Lot Size Acres: 0.2070

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1260.00
  • Lot Size Area: 9033.0000 Square Feet
  • Net Operating Income: 36384.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9216.00
  • Rent Control: No
  • Total Actual Rent: 3900.00

Tax Info

  • New Taxes Expense: 4056.00
  • Tax Block: 2
  • Tax Lot: 4
  • Tax Tract Number: 1
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2013
Sold by
Stackpole John H
Bought by
Plesnik Palo and Huang Crystal
Current Estimated Value
$1,241,180

Purchase Details

Closed on
Jul 29, 2010
Sold by
Leon Pedro and Constante Juanita
Bought by
Stackpole John Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,080
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2005
Sold by
Gueyes Health & Beauty Inc
Bought by
Leon Pedro and Constante Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 2, 2004
Sold by
Le Leena
Bought by
Ha Tan

Purchase Details

Closed on
Apr 5, 2002
Sold by
Hud
Bought by
Gueye Dousse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.74%

Purchase Details

Closed on
Feb 2, 2001
Sold by
Old Kent Mtg Company
Bought by
Hud

Purchase Details

Closed on
Jan 7, 2000
Sold by
Brito Juan and Pineda Oswaldo Fabricio
Bought by
Old Kent Mtg Company

Purchase Details

Closed on
Oct 1, 1999
Sold by
Brito Juan
Bought by
Brito Juan and Pineda Oswaldo Fabricio

Purchase Details

Closed on
Feb 17, 1998
Sold by
Brito Juan and Pineda Oswaldo Fabricio
Bought by
Brito Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.11%

Purchase Details

Closed on
Oct 22, 1997
Sold by
Bleakley Howard E and Howard E Bleakley Family Trust
Bought by
Brito Juan and Pineda Oswaldo Fabricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,047
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 1996
Sold by
State Street Bank & Trust Company
Bought by
Lavington Financial Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.05%

Purchase Details

Closed on
Aug 17, 1995
Sold by
Bleakley Howard E and Bleakley Dorothy J
Bought by
Bleakley Howard E and Bleakley Dorothy J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Plesnik Palo $540,000 Lawyers Title
Stackpole John Howard $295,000 Cctn
Leon Pedro $630,000 Chicago Title Co
Gueyes Health & Beauty Inc -- Chicago Title
Ha Tan -- --
Do Vincent -- --
Le Andy -- --
Gueye Dousse $210,000 Stewart Title
Hud -- American Title
Old Kent Mtg Company $202,937 Benefit Land Title Ins Co
Brito Juan -- --
Brito Juan -- Gateway Title Company
Brito Juan $185,000 Southland Title Corporation
Lavington Financial Inc -- Orange Coast Title
Bleakley Howard E -- --
Bleakley Howard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stackpole John Howard $291,080
Previous Owner Leon Pedro $472,500
Previous Owner Gueye Dousse $168,000
Previous Owner Brito Juan $25,000
Previous Owner Brito Juan $180,047
Previous Owner Lavington Financial Inc $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2014 02/03/14 Sold $540,000 +2.7% $236 / Sq Ft
10/08/2013 10/08/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $525,900 -- $230 / 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 $14,694 $1,082,430 $649,458 $432,972
2024 $14,086 $1,061,207 $636,724 $424,483
2023 $13,849 $1,040,400 $624,240 $416,160
2022 $13,008 $1,020,000 $612,000 $408,000
2021 $8,125 $611,546 $452,999 $158,547
2020 $8,104 $605,277 $448,355 $156,922
2019 $8,011 $593,410 $439,564 $153,846
2018 $7,666 $581,776 $430,946 $150,830
2016 $7,060 $559,187 $414,213 $144,974
2015 $6,784 $550,789 $407,992 $142,797
2014 $4,119 $308,310 $156,768 $151,542
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jorge Garcia

    Elevate Real Estate Agency

    (951) 256-6027

    19 Total Sales

    Jorge Garcia
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13195547

California Regional Multiple Listing Service (CRMLS)

APN: 7275-007-002

California Los Angeles County Long Beach 90802 North Alamitos Beach

1410 E 4th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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