NOT LISTED FOR SALE

Estimated Value: $1,077,000 - $1,311,202

7 Beds
5 Baths
2,657 Sq Ft
$453/Sq Ft Est. Value

Last Sold August 13, 2015

Last sale price $635,000 $239 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,240/month

46 Days on Market

Highlights

  • Front Yard
  • Long Beach Polytechnic High School Rated A
  • 3-minute walk to Craftsman Village Park

About This Home

As of August 2015

Wow...Great income property Triplex, Fully occupied, Standard Sale. Great curb appeal. Perfect for an investment opportunity for buyer to live in one and rent the other. Front unit had been remodeled 3 Bed and 1 full Bath. The back unit are two 2 Bed and 2 Bath each. This won't last long, and property will sell itself.

Last Agent to Sell the Property

Nate Nguon

Hoyt Hochman, Broker License #01939536 Listed on: 04/20/2015

Last Buyer's Agent

Nicole Freese

The Sher Group License #01389069

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,854

Year Built

  • Built in 1922

Lot Details

  • 5,253 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 8 Parking Spaces

Home Design

  • 2,657 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267020038

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,800
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,854

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Property Type: Residential Income
  • Parcel Number: 7267020038
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 238.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5253.00
  • Price Per Lot Square Foot: 120.88
  • Lot Size Acres: 0.1210

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Lot Size Area: 5253.0000 Square Feet
  • Net Operating Income: 45600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 3800.00

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 5764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2021
Sold by
Weill Steven and Weill Sabrina
Bought by
1415 1417 E 9Th Street Llc
Current Estimated Value
$1,172,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$677,600
Outstanding Balance
$625,768
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$576,533

Purchase Details

Closed on
Feb 2, 2016
Sold by
Weill Steven and Weill Sabrina
Bought by
1415-1417 E 9Th Street Llc

Purchase Details

Listed on
Apr 20, 2015
Closed on
Jul 28, 2015
Sold by
Ciampa Richard
Bought by
Weill Steven and Weill Sabrina
Seller's Agent
Nate Nguon
Hoyt Hochman, Broker
Buyer's Agent
Nicole Freese
The Sher Group
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$476,250
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2003
Sold by
Hok Richard and Hem Chantha
Bought by
Ciampa Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2000
Sold by
Burnett Lou A and Lou Anne Burnett Revocable Tru
Bought by
Hok Richard and Hem Chantha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.01%

Purchase Details

Closed on
Jun 16, 1999
Sold by
Burnett Lou Anne
Bought by
Burnett Lou Anne and Lou Anne Burnett Revocable Tru

Purchase Details

Closed on
Jun 25, 1996
Sold by
Burnett Lou Anne and The William M Sample Trust
Bought by
Burnett Lou Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.09%

Purchase Details

Closed on
Feb 27, 1996
Sold by
Troxel Lawrence J and Troxel Katherine A
Bought by
Sample William M
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
1415 1417 E 9Th Street Llc -- Usa Title Hb
Weill Steven -- Usa Title
1415-1417 E 9Th Street Llc -- None Available
Weill Steven $635,000 Old Republic Title Company
Ciampa Richard $520,000 Chicago Title Co
Hok Richard $225,000 Orange Coast Title
Burnett Lou Anne -- --
Burnett Lou Anne -- First American
Sample William M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weill Steven $677,600
Previous Owner Weill Steven $476,250
Previous Owner Ciampa Richard $390,000
Previous Owner Hok Richard $210,000
Previous Owner Hok Richard $150,000
Previous Owner Burnett Lou Anne $60,000
Closed Ciampa Richard $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2015 08/13/15 Sold $635,000 -2.2% $239 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $649,000 0.0% $244 / Sq Ft
11/18/2013 11/18/13 Rented $1,400 -6.7% --
11/18/2013 11/18/13 For Rent $1,500 -- --
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 $9,854 $751,705 $520,868 $230,837
2024 $9,854 $736,966 $510,655 $226,311
2023 $9,688 $722,517 $500,643 $221,874
2022 $9,102 $708,351 $490,827 $217,524
2021 $8,914 $694,462 $481,203 $213,259
2020 $8,891 $687,342 $476,269 $211,073
2019 $8,788 $673,866 $466,931 $206,935
2018 $8,545 $660,654 $457,776 $202,878
2016 $7,810 $635,000 $440,000 $195,000
2015 $7,383 $615,153 $378,558 $236,595
2014 $7,339 $603,104 $371,143 $231,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15083405

California Regional Multiple Listing Service (CRMLS)

APN: 7267-020-038