Albert Soto
True Inmobiliaria
(657) 279-5316
87 Total Sales
1 in Cambodia Town
$580,000 Price
1442 Alamitos Ave Long Beach, CA 90813
Cambodia Town NeighborhoodEstimated Value: $557,000 - $756,000
Studio
3
Baths
1,064
Sq Ft
$626/Sq Ft
Est. Value
Highlights
- Laundry Facilities
- Front Yard
- 3-minute walk to Rosa Parks Park
- Long Beach Polytechnic High School Rated A
About This Home
As of October 2022A gorgeous, income-producing, recently-remodeled triplex near the bustling downtown area and Long Beach Community College. You will struggle to find a more affordable triplex in Long Beach. Five minutes from Alamitos Beach with easy access to the 710 and 405 freeways. The property was remodeled in 2021 with a new roof, new bathrooms, and interior and exterior paint throughout. The property is well furnished and is being sold with the furniture. Two units are on month-to-month leases, and the third unit is being rented as an Airbnb rental. The tenants and residents have access to a shared, on-site laundry. This property cashflows well and is being offered at a 10x GRM relative to existing income levels. All three units are studios.
Last Agent to Sell the Property
George Chigogidze, Broker License #01925389 Listed on: 06/13/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 2,018 Sq Ft Lot
- No Common Walls
- Front Yard
Home Design
- 1,064 Sq Ft Home
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 5752
- Assessor Parcel Number 7268019009
Community Details
Overview
- 3 Units
- Alamitos Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- Electric Expense $1,200
- Insurance Expense $1,000
- Trash Expense $830
- Water Sewer Expense $830
- Operating Expense $36,900
- Gross Income $63,600
- Net Operating Income $25,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Sep 30, 2022
Sold by
Gilbertson Garrett
Bought by
Seller's Agent
George Chigogidze
George Chigogidze, Broker
List Price
$670,000
Sold Price
$670,000
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,030
Avg. Annual Appreciation
-0.15%
Original Mortgage
$502,500
Outstanding Balance
$475,313
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$190,710
Purchase Details
Closed on
May 14, 2020
Sold by
Vlach Robert and Vlach Ilse
Bought by
Gilbertson Garrett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 21, 2015
Closed on
Jan 21, 2016
Sold by
Villasenor Jose Francisco
Bought by
The Robert Vlach & Ilse Vlach Family Tru
Seller's Agent
Leticia Munoz
The CREM Group
Buyer's Agent
Ron Riggs
Keller Williams Realty
List Price
$324,000
Sold Price
$320,000
Premium/Discount to List
-$4,000
-1.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%
Original Mortgage
$240,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 4, 2009
Sold by
Ward Aaron L and Ward Arlene
Bought by
Villasenor Jose Francisco
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,852
Interest Rate
4.99%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 10, 2002
Sold by
Estate Of Robert A Moore Ii
Bought by
Ward Aaron L and Ward Arlene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,900
Interest Rate
8.5%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cambodia Town, CA
-
Albert Soto
-
Marvin Phillip
Marvin Phillip
Y Realty
(562) 740-8346
31 Total Sales
2 in Cambodia Town
$1,250,000 Price Range
-
Michelle Covington
Michelle Covington
Compass
(323) 416-3171
23 Total Sales
1 in Cambodia Town
$645,000 Price
-
Michelle Carrillo
Michelle Carrillo
Responds QuicklyRealty One Group West
(424) 588-5489
31 Total Sales
1 in Cambodia Town
$750,000 Price
-
Cody Charnell
Cody Charnell
Responds QuicklySage Real Estate Group, Inc.
(424) 788-0870
52 Total Sales
2 in Cambodia Town
$1,600,000 Price Range
-
Jason Kirklen
Jason Kirklen
Responds QuicklyKirklen Investment Group
(949) 942-8694
24 Total Sales
2 in Cambodia Town
$3,700,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $670,000 | Fidelity National Title | ||
| Gilbertson Garrett | $495,000 | Fidelity Natl Ttl Co Torranc | |
| The Robert Vlach & Ilse Vlach Family Tru | $320,000 | Fidelity National Title Co | |
| Villasenor Jose Francisco | $229,000 | Equity Title Los Angeles | |
| Ward Aaron L | $154,000 | First American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $502,500 | ||
| Previous Owner | Gilbertson Garrett | $503,100 | |
| Previous Owner | Gilbertson Garrett | $495,000 | |
| Previous Owner | The Robert Vlach & Ilse Vlach Family Tru | $240,000 | |
| Previous Owner | Villasenor Jose Francisco | $213,000 | |
| Previous Owner | Villasenor Jose Francisco | $222,252 | |
| Previous Owner | Villasenor Jose Francisco | $224,852 | |
| Previous Owner | Ward Aaron L | $154,641 | |
| Previous Owner | Ward Aaron L | $130,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/06/2022 10/06/22 | Sold | $670,000 | 0.0% | $630 / Sq Ft | |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- | |
| 06/29/2022 06/29/22 | For Sale | $670,000 | 0.0% | $630 / Sq Ft | |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- | |
| 06/13/2022 06/13/22 | For Sale | $670,000 | +35.4% | $630 / Sq Ft | |
| 10/13/2020 10/13/20 | Sold | $495,000 | 0.0% | $465 / Sq Ft | View Prior Sale |
| 08/05/2020 08/05/20 | For Sale | $495,000 | +54.7% | $465 / Sq Ft | |
| 08/02/2020 08/02/20 | Pending | -- | -- | -- | |
| 02/06/2016 02/06/16 | Sold | $320,000 | -1.2% | $301 / Sq Ft | View Prior Sale |
| 12/14/2015 12/14/15 | Pending | -- | -- | -- | |
| 09/21/2015 09/21/15 | For Sale | $324,000 | -- | $305 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,387 | $711,009 | $424,483 | $286,526 |
| 2025 | $9,387 | $697,068 | $416,160 | $280,908 |
| 2024 | $8,986 | $683,400 | $408,000 | $275,400 |
| 2023 | $8,831 | $670,000 | $400,000 | $270,000 |
| 2022 | $6,481 | $504,900 | $255,000 | $249,900 |
| 2021 | $6,349 | $495,000 | $250,000 | $245,000 |
| 2019 | $4,555 | $339,586 | $159,181 | $180,405 |
| 2018 | $4,423 | $332,928 | $156,060 | $176,868 |
| 2016 | $3,264 | $249,695 | $163,558 | $86,137 |
| 2015 | $3,138 | $245,946 | $161,102 | $84,844 |
| 2014 | $3,130 | $241,130 | $157,947 | $83,183 |
Source: Public Records
Agents Affiliated with this Home
-
George Chigogidze
GC
Seller's Agent in 2022
George Chigogidze
George Chigogidze, Broker
(310) 494-6054
1 in this area
1 Total Sale
-
Ron Riggs
Seller's Agent in 2020
Ron Riggs
Keller Williams Realty
(310) 375-3511
11 Total Sales
-
Cecilia Matsuoka
CM
Seller Co-Listing Agent in 2020
Cecilia Matsuoka
Keller Williams Realty
(310) 540-0072
8 Total Sales
-
Leticia Munoz
Seller's Agent in 2016
Leticia Munoz
The CREM Group
(855) 655-5544
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV22125273
APN: 7268-019-009
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.
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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