NOT LISTED FOR SALE

Estimated Value: $1,225,000 - $1,554,000

8 Beds
4 Baths
2 Sq Ft
$678,120/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $1,270,000 $635,000 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,880/month

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • 5-minute walk to Craftsman Village Park

About This Home

As of February 2022

Great Income Property!!!! Charming 2 Story Fourplex. Near Shopping, Freeways, Long Beach City College, Downtown Long Beach

Last Agent to Sell the Property

Rocio Rivera

eXp Realty of Greater L.A License #01875875 Listed on: 11/15/2021

eXp Realty of Greater L.A

Last Buyer's Agent

Tyler Horken

Buckingham Investments, Inc License #02093021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,453

Year Built

  • Built in 1923

Lot Details

  • 4,480 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 2 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for all utilities, trash collection, water
  • Legal Lot and Block 23 / A
  • Tax Tract Number 5500
  • Assessor Parcel Number 7267008030
  • $943 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • North Long Beach Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,453

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 325000
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7267008030
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4480.00
  • Lot Size Acres: 0.1028

Rental Info

  • Tenant Pays: All Utilities, Trash Collection, Water

Multi Family

  • Lot Size Area: 4480.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5764.02
  • Tax Lot: 23
  • Tax Tract Number: 5500
  • TaxOtherAnnualAssessmentAmount: 943.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Jan 27, 2022
Sold by
Pun Phou
Bought by
Horken Tyler and Nguyen Camtu
Seller's Agent
Rocio Rivera
eXp Realty of Greater L.A
Buyer's Agent
Tyler Horken
Buckingham Investments, Inc
List Price
$1,300,000
Sold Price
$1,270,000
Premium/Discount to List
-$30,000
-2.31%
Current Estimated Value
$1,356,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,241
Avg. Annual Appreciation
1.89%
Original Mortgage
$1,016,000
Outstanding Balance
$945,339
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$410,902

Purchase Details

Closed on
Sep 5, 2000
Sold by
Restoration Foundation
Bought by
Phou Pun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.89%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Hud
Bought by
Restoration Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.24%

Purchase Details

Closed on
May 8, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Dec 18, 1996
Sold by
Pruitt Terry and Nakagawa Bryan J
Bought by
Martinez Juan Antonio

Purchase Details

Closed on
Jan 8, 1996
Sold by
Martinez Juan Antonio
Bought by
Gomez Mario and Gomez Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,144
Interest Rate
7.74%
Mortgage Type
FHA
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
Horken Tyler $1,270,000 Pacific Coast Title
Phou Pun $215,000 Provident Title
Restoration Foundation $130,000 --
Hud -- Benefit Land Title Ins Co
Norwest Mtg Inc $263,870 Benefit Land Title Ins Co
Martinez Juan Antonio $145,000 United Title
Gomez Mario $254,590 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horken Tyler $1,016,000
Previous Owner Phou Pun $315,000
Previous Owner Phou Pun $325,000
Previous Owner Phou Pun $173,000
Previous Owner Phou Pun $172,000
Previous Owner Restoration Foundation $117,000
Previous Owner Gomez Mario $150,000
Previous Owner Gomez Mario $245,144
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $1,270,000 -2.3% $635,000 / Sq Ft
11/18/2021 11/18/21 For Sale $1,300,000 0.0% $650,000 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $1,300,000 -- $650,000 / 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 $17,453 $1,347,733 $875,496 $472,237
2024 $17,453 $1,321,308 $858,330 $462,978
2023 $17,158 $1,295,400 $841,500 $453,900
2022 $4,637 $305,259 $140,845 $164,414
2021 $4,512 $299,275 $138,084 $161,191
2020 $4,498 $296,208 $136,669 $159,539
2019 $4,447 $290,401 $133,990 $156,411
2018 $4,262 $284,708 $131,363 $153,345
2016 $3,906 $273,655 $126,263 $147,392
2015 $3,765 $269,546 $124,367 $145,179
2014 $3,759 $264,267 $121,931 $142,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21249260

California Regional Multiple Listing Service (CRMLS)

APN: 7267-008-030