NOT LISTED FOR SALE

1438 E Harding St Long Beach, CA 90805

Nehyam Neighborhood

Estimated Value: $920,000 - $1,087,000

8 Beds
4 Baths
2,474 Sq Ft
$411/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $600,000 $243 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,337/month

41 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 1-Story Property

About This Home

As of January 2017

Very nice Property, Good Area, Corner lot property, the second unit has the address at 6179 Falcon St, Property - It is legally 2 units, Each units has 4 bed 2 baths, Very good property for investment or for Owner occupant. Front unit is presently divided in 2 units 2 bed 1 bath and 1 bed 1 bath, each rented for $900 each. Back unit 4 Bed 2 Bath rented for $1,800.

Last Agent to Sell the Property

Alex Rojero

REALTY ONE GROUP MASTERS License #01060709 Listed on: 10/01/2016

REALTY ONE GROUP MASTERS

Last Buyer's Agent

Teresa Gutierrez

First American Team Realty Inc License #01335473

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 4,456 Sq Ft Lot
  • Lot Dimensions are 117.36 x 39.85
  • No Common Walls
  • Corner Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Off-Street Parking

Home Design

  • Duplex
  • Additions or Alterations

Interior Spaces

  • 2,474 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, telephone
  • Tax Lot 6
  • Tax Tract Number 7595
  • Assessor Parcel Number 7118019006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $400
  • Insurance Expense $803
  • Water Sewer Expense $400
  • New Taxes Expense $7,736
  • Operating Expense $9,739
  • Net Operating Income $33,461

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 400.00
  • Zoning: LBR1N
  • Property Condition: Additions/Alterations
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7118019006
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 242.52

Exterior Features

  • Pool Private: No
  • Construction Materials: Unknown

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Rectangular Lot
  • Lot Size: 117.36 x 39.85
  • Lot Size Sq Ft: 4456.00

Rental Info

  • Tenant Pays: Electricity, Telephone

Multi Family

  • Electric Expense: 400.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 803.00
  • Net Operating Income: 33460.80
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 9739.20
  • Rent Control: No
  • Total Actual Rent: 3600.00
  • Total Expenses: 9739.20

Tax Info

  • New Taxes Expense: 7736.20
  • Tax Census Tract: 5705.02
  • Tax Lot: 6
  • Tax Tract Number: 7595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2016
Sold by
Giuffreda Mark E and Estrada Jose
Bought by
Aguilera Jorge and Aguilera Monica
Current Estimated Value
$1,017,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,625
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 11, 2010
Sold by
Giuffreda Mark E and Estrada Jose
Bought by
Giuffreda Mark E and Estrada Jose

Purchase Details

Closed on
Feb 2, 2010
Sold by
Sd Seaport Lp
Bought by
Giuffreda Mark E and Estrada Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2009
Sold by
Prieto Juan
Bought by
Sd Seaport Lp

Purchase Details

Closed on
Mar 22, 2007
Sold by
Prieto Maria Laura
Bought by
Prieto Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Olguin Gustavo and The Gustavo Olguin Living Trus
Bought by
Nguyen Ken Dang and Pham Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Olguin Gustavo
Bought by
Olguin Gustavo and The Gustavo Olguin Living Trus

Purchase Details

Closed on
Jul 1, 2002
Sold by
Rendon Jesse
Bought by
Olguin Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
6.6%

Purchase Details

Closed on
Oct 22, 1998
Sold by
Rendon Maria Amalia
Bought by
Rendon Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.6%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aguilera Jorge $600,000 Fidelity Sherman Oaks
Giuffreda Mark E -- None Available
Giuffreda Mark E $370,000 Stewart Title Of California
Sd Seaport Lp $276,000 Accommodation
Prieto Juan -- United Title Company
Prieto Juan $700,000 United Title Company
Nguyen Ken Dang $530,000 Ticor Title Company
Olguin Gustavo -- --
Olguin Gustavo $165,000 Southland Title Corporation
Rendon Jesse -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguilera Jorge $559,625
Previous Owner Giuffreda Mark E $277,500
Previous Owner Prieto Juan $560,000
Previous Owner Prieto Juan $140,000
Previous Owner Nguyen Ken Dang $477,000
Previous Owner Olguin Gustavo $115,500
Previous Owner Rendon Jesse $65,000
Closed Olguin Gustavo $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $600,000 +0.3% $243 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
11/01/2016 11/01/16 Price Changed $598,500 -0.9% $242 / Sq Ft
10/30/2016 10/30/16 Price Changed $603,900 -2.4% $244 / Sq Ft
10/01/2016 10/01/16 For Sale $618,900 -- $250 / 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 $12,083 $895,796 $404,644 $491,152
2024 $11,555 $878,232 $396,710 $481,522
2023 $11,361 $861,013 $388,932 $472,081
2022 $10,666 $844,131 $381,306 $462,825
2021 $8,256 $643,320 $321,660 $321,660
2020 $8,234 $636,724 $318,362 $318,362
2019 $8,138 $624,240 $312,120 $312,120
2018 $7,892 $612,000 $306,000 $306,000
2016 $5,058 $398,014 $182,871 $215,143
2015 $4,861 $392,037 $180,125 $211,912
2014 $4,839 $384,358 $176,597 $207,761
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alex Rojero

    REALTY ONE GROUP MASTERS

    Section Image
  • Teresa Gutierrez

    Buyer's Agent in 2017

    Teresa Gutierrez

    First American Team Realty Inc

    (562) 824-0719

    1 in this area

    27 Total Sales

    Teresa Gutierrez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16715608

California Regional Multiple Listing Service (CRMLS)

APN: 7118-019-006

California Los Angeles County Long Beach 90805 Nehyam

1438 E Harding St, Long Beach, CA

Not Listed for Sale

MultiFamily

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