$785,000
SOLD MAY 26, 2021
5 Beds
3 Baths
1,360 Sq Ft
4,754 Sq Ft Lot

Recently Sold

$577 Per Sq Ft

5% Above List Price

7 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of May 2021

Welcome to a beautiful, move in ready, 2 unit property with high potential rental income. It is ready to rent to your tenants at close of escrow. This rare to find property is located in a great area of Long Beach. Many upgrades were done when seller purchased the property. It offers 2 bedrooms, 1 bathroom in the front unit. And, 3 bedrooms and 2 bathrooms in the back unit. Many fruit trees are available to you such as papaya, sugarcane, jujube, etc. Come check it. Rent it out! collect passive income and build your equity silently but surely. Come check it out! submit an offer and make it yours today!

Last Agent to Sell the Property

Channy Annee Chor

JohnHart Real Estate License #01836138 Listed on: 03/19/2021

JohnHart Real Estate

Co-Listed By

Channy Chor

JohnHart Real Estate License #02016701

Last Buyer's Agent

Johanne Joly

Century 21 On Target License #01928241

Century 21 On Target

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,918

Year Built

  • Built in 1940

Lot Details

  • 4,754 Sq Ft Lot
  • No Common Walls

Home Design

  • Duplex

Interior Spaces

  • 1,360 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Private Water Source
  • Sewer Not Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 5464
  • Tax Tract Number 5706
  • Assessor Parcel Number 7128016006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,918

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7128016006
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 577.21

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: None
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4754.00
  • Lot Size Acres: 0.1091

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 4754.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 5464
  • Tax Tract Number: 5706.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
Mar 29, 2021
Sold by
Ma Ratana
Bought by
Sanchez Oscar Almonte and Rodriguez Lucero Stephanie
Seller's Agent
Channy Chor
JohnHart Real Estate
Buyer's Agent
Johanne Joly
Century 21 On Target
List Price
$749,000
Sold Price
$785,000
Premium/Discount to List
$36,000
4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$753,967
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2010
Sold by
Mao Map and Mao Mayrian
Bought by
Ma Ratana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
Mao Map
Bought by
Mao Map and Mao Mayrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2002
Sold by
Bridge Bea and The 1996 Bea Bridge Family Tru
Bought by
Mao Map

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1996
Sold by
Bridge Bea
Bought by
Bridge Bea and 1996 Bea Bridge Family Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $785,000 Lawyers Title
Grant Deed $250,000 Orange Coast Title Company
Interfamily Deed Transfer -- Landsafe Title
Individual Deed $160,000 First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $753,967 FHA
Previous Owner $175,000 New Conventional
Previous Owner $375,000 Negative Amortization
Previous Owner $345,000 New Conventional
Previous Owner $165,000 New Conventional
Previous Owner $157,528 FHA
Closed $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 For Sale $899,900 +14.6% $662 / Sq Ft
05/26/2021 05/26/21 Sold $785,000 0.0% $577 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/22/2021 03/22/21 Off Market $785,000 -- --
03/19/2021 03/19/21 For Sale $749,000 -- $551 / 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
2024 $10,918 $833,047 $371,422 $461,625
2023 $10,732 $816,714 $364,140 $452,574
2022 $9,963 $800,700 $357,000 $443,700
2021 $3,862 $295,895 $153,866 $142,029
2020 $3,851 $292,862 $152,289 $140,573
2019 $3,805 $287,120 $149,303 $137,817
2018 $3,637 $281,491 $146,376 $135,115
2016 $3,343 $270,562 $140,693 $129,869
2015 $3,211 $266,499 $138,580 $127,919
2014 $3,196 $261,280 $135,866 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21047172

California Regional Multiple Listing Service (CRMLS)

APN: 7128-016-006