NOT LISTED FOR SALE

1440 Gundry Ave Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $807,000 - $933,000

4 Beds
3 Baths
1,560 Sq Ft
$552/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $570,000 $365 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,340/month

114 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Wood Burning Fireplace
  • Long Beach Polytechnic High School Rated A
  • Level Lot
  • 3-minute walk to Douglas Macarthur Park

About This Home

As of May 2018

excellent investment opportunity *** beatiful duplex close to down town area, front house 3beds 2bath back house 1bed 1bath live in one unit and have rental income in the other 2 or rent all 3 *** third unit not pemitted is huge it is used as rumpus room or entertaiment room has existed for more than 20 years when the seller bought the house beatiful kitchen with new granite counters & new cabinets plus new stainless steel appliances**
super clean tile floors ***very good maintenance units *** only 10 minutes from the beach ***decent & family neighborhood *** also nex to shopping center, schools, colleges and highways etc *** huge lot size parking for more then 6 cars on driveway *** separate meters *** owner occupies front unit, second unit is occupies by tenant **also back yard acces for alley ***

Last Agent to Sell the Property

Alex Petrusan

C-21 Realty Team License #01020768 Listed on: 11/18/2017

Last Buyer's Agent

Lori Pryor

Imperial Properties License #01888234

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,408

Year Built

  • Built in 1921

Lot Details

  • 6,410 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Property Attached

Interior Spaces

  • 1,560 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 3637
  • Assessor Parcel Number 7268038010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $11,125
  • Gross Income $12,000
  • Net Operating Income $10,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,408

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Other Phone Description: 951-453-3558
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7268038010
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Family Room, Gas, Wood Burning
  • Levels: One
  • Price Per Square Foot: 365.38

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level
  • Lot Size Sq Ft: 6410.00

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 10800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 11125.00

Tax Info

  • Tax Census Tract: 5752.02
  • Tax Lot: 8
  • Tax Tract Number: 3637

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2021
Sold by
Khorram Takin and Khorram Erin
Bought by
Khorram Erin Janel Riley and Khorram Takin
Current Estimated Value
$851,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Outstanding Balance
$372,817
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$488,159

Purchase Details

Listed on
Nov 18, 2017
Closed on
Mar 28, 2018
Sold by
Silva Maricela
Bought by
Khorram Erin Janel Riley and Khorram Takin
Seller's Agent
Alex Petrusan
C-21 Realty Team
Buyer's Agent
Lori Pryor
Imperial Properties
List Price
$580,000
Sold Price
$570,000
Premium/Discount to List
-$10,000
-1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$427,500
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2004
Sold by
Silva Feliciano
Bought by
Silva Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2003
Sold by
Silva Maricela
Bought by
Silva Feliciano and Silva Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1998
Sold by
Silva Feliciano and Silva Maricela
Bought by
Silva Feliciano and Silva Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,394
Interest Rate
6.88%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Silva Irma
Bought by
Alcaraz Octavio Silva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,518
Interest Rate
8.65%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 1994
Sold by
Bebout John
Bought by
Silva Feliciano and Silva Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,518
Interest Rate
8.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Khorram Erin Janel Riley -- Accommodation
Khorram Takin -- Fidelity National Title Co
Khorram Erin Janel Riley $570,000 First American Title Company
Silva Maricela -- Stewart Title
Silva Feliciano -- --
Silva Maricela -- Stewart Title Company
Silva Feliciano -- Fidelity National Title
Alcaraz Octavio Silva -- --
Silva Feliciano $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khorram Erin Janel Riley $82,000
Open Khorram Takin $410,000
Closed Khorram Erin Janel Riley $427,500
Previous Owner Silva Maricela $276,900
Previous Owner Silva Maricela $321,000
Previous Owner Silva Maricela $265,000
Previous Owner Silva Maricela $170,000
Previous Owner Silva Feliciano $9,394
Previous Owner Silva Feliciano $123,518
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $570,000 -1.7% $365 / Sq Ft
03/20/2018 03/20/18 For Sale $580,000 +1.8% $372 / Sq Ft
03/19/2018 03/19/18 Off Market $570,000 -- --
03/01/2018 03/01/18 Price Changed $580,000 -2.5% $372 / Sq Ft
11/18/2017 11/18/17 For Sale $595,000 -- $381 / 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 $8,408 $648,558 $284,454 $364,104
2024 $8,408 $635,842 $278,877 $356,965
2023 $8,268 $623,375 $273,409 $349,966
2022 $7,766 $611,153 $268,049 $343,104
2021 $7,613 $599,171 $262,794 $336,377
2020 $7,593 $593,028 $260,100 $332,928
2019 $7,505 $581,400 $255,000 $326,400
2018 $2,560 $183,763 $138,754 $45,009
2016 $2,353 $176,629 $133,367 $43,262
2015 $2,265 $173,977 $131,364 $42,613
2014 $2,261 $170,570 $128,791 $41,779
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Alex Petrusan

    C-21 Realty Team

    (562) 531-2001

    73 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    Lori Pryor

    Imperial Properties

    (562) 862-9246

    15 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17261011

California Regional Multiple Listing Service (CRMLS)

APN: 7268-038-010

California Los Angeles County Long Beach 90813 Cambodia Town

1440 Gundry Ave, Long Beach, CA

This home is located at 1440 Gundry Ave, Long Beach, CA 90813 since 18 November 2017 and is currently estimated at $860,976, approximately $551 per square foot. This property was built in 1921. 1440 Gundry Ave is a home located in Los Angeles County with nearby schools including Whittier Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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

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