NOT LISTED FOR SALE

1412 Alamitos Ave Unit 3 Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $752,000 - $1,152,000

6 Beds
4 Baths
1,885 Sq Ft
$481/Sq Ft Est. Value

Last Sold June 26, 2012

Last sale price $205,000 $109 Per Sq Ft

Est. 343% increase in value since last sale

Current estimated payment $5,089/month

97 Days on Market

Highlights

  • No Heating
  • Long Beach Polytechnic High School Rated A
  • 4-minute walk to Rosa Parks Park

About This Home

As of June 2012

Calling all investors!! Three units with lots of potential. Just a short drive to the beach and the aquarium, with nearby library, recreation center, parks, and schools.

Last Agent to Sell the Property

Tom Moon

Pacific Moon Real Estate License #00642356 Listed on: 11/30/2011

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1923

Lot Details

  • 5,271

Parking

  • 1 Parking Space

Home Design

  • 1,885 Sq Ft Home
  • Stucco

Additional Features

  • 5,271 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 1
  • Assessor Parcel Number 7268019016

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,786

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 7268019016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 108.75

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5271.00
  • Lot Size Acres: 0.1210

Multi Family

  • Lot Size Area: 5271.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 5500
  • Tax Lot: 0.
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2011
Closed on
Jun 20, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Basavalinganadoddi Chandrashekar and Chandrashekar Nagarathna
Seller's Agent
Tom Moon
Pacific Moon Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$297,000
Sold Price
$205,000
Premium/Discount to List
-$92,000
-30.98%
Current Estimated Value
$907,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$702,333
Avg. Annual Appreciation
11.76%
Original Mortgage
$153,750
Outstanding Balance
$106,254
Interest Rate
3.77%
Mortgage Type
New Conventional
Estimated Equity
$801,079

Purchase Details

Closed on
Oct 12, 2011
Sold by
Gmac Mortgage Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 28, 2011
Sold by
Palacios Jose Raul
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jan 31, 2004
Sold by
Palacios Jose Raul and Morales Victor
Bought by
Palacios Jose Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2001
Sold by
Membreno Maria Angelica
Bought by
Membreno Jose Adam

Purchase Details

Closed on
Jul 9, 2001
Sold by
Membreno Jose Adam
Bought by
Palacios Jose Raul and Morales Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2001
Sold by
Membreno Jovanni
Bought by
Membreno Jose Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,755
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 1997
Sold by
Membreno Jose D
Bought by
Membreno Jovanni

Purchase Details

Closed on
Jul 12, 1994
Sold by
Membreno Ja and Membreno Maria Angelica
Bought by
Membreno Jose David
Source: Public Records

Range of Values:

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
Basavalinganadoddi Chandrashekar $205,000 First American Title Ins Co
Federal Home Loan Mortgage Corp -- None Available
Gmac Mortgage Llc $188,127 North American Title Co
Palacios Jose Raul -- Fidelity National Title
Membreno Jose Adam -- --
Palacios Jose Raul $210,000 Fidelity National Title
Membreno Jose Adan -- --
Membreno Jovanni -- --
Membreno Jose David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basavalinganadoddi Chandrashekar $153,750
Previous Owner Palacios Jose Raul $215,000
Previous Owner Palacios Jose Raul $206,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2012 06/26/12 Sold $205,000 -31.0% $109 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
11/30/2011 11/30/11 For Sale $297,000 -- $158 / 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 $3,786 $257,477 $188,401 $69,076
2024 $3,786 $252,429 $184,707 $67,722
2023 $3,719 $247,481 $181,086 $66,395
2022 $3,507 $242,630 $177,536 $65,094
2021 $3,424 $237,873 $174,055 $63,818
2020 $3,415 $235,435 $172,271 $63,164
2019 $3,376 $230,820 $168,894 $61,926
2018 $3,208 $226,295 $165,583 $60,712
2016 $2,952 $217,509 $159,154 $58,355
2015 $2,842 $214,243 $156,764 $57,479
2014 $2,839 $210,048 $153,694 $56,354
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tom Moon

    Pacific Moon Real Estate

    (714) 465-9969

    7 Total Sales

    Tom Moon
    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    6,008 Total Sales

    NoEmail NoEmail
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S681202

California Regional Multiple Listing Service (CRMLS)

APN: 7268-019-016

California Los Angeles County Long Beach 90813 Cambodia Town

1412 Alamitos Ave Unit 3, Long Beach, CA

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