Vannessa Swinford
First Team Real Estate
(657) 341-0938
33 Total Sales
1 in Central
$1,090,000 Price
1444 E 16th St Long Beach, CA 90813
Central Neighborhood
9
Beds
7
Baths
3,584
Sq Ft
6,424
Sq Ft Lot
Highlights
- Wood Flooring
- Living Room
- Wall Furnace
- Long Beach Polytechnic High School Rated A
- Wood Fence
About This Home
As of November 2015Awesome rental units with UPSIDE RENTS, 5-individual houses, 4-one bedroom and one bath cottages, 2-bedrooms and one bath house, and 2-units at the back with two bedrooms and one bedroom. Each unit have their own Individual water heater! Fairly well maintained with newer 25 years roof, copper plumbing, newer stucco, updated kitchen and bathrooms, some have wood laminate floor, fenced and low maintenance investment. Rents are upside, lots of room for increase. Very stable and quiet tenants, units are unfurnished tenants provide refrigerator and stove. With current Cap Rate of 5.61, Increase in rents could increase cap rate close to 6.0 There parking spaces for each unit inside compound and at the alley. Investors quote, "One Story are easier to maintain"!
Last Agent to Sell the Property
Keller Williams Realty License #01082663 Listed on: 09/24/2015
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 6,424 Sq Ft Lot
- No Common Walls
- Wood Fence
- Density is up to 1 Unit/Acre
Parking
- 7 Parking Spaces
Home Design
- Fire Rated Drywall
Interior Spaces
- 3,584 Sq Ft Home
- Living Room
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 7 Bathrooms
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 12
- Assessor Parcel Number 7268034008
Community Details
Overview
- 6 Buildings
- 7 Units
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $480
- Insurance Expense $2,600
- Maintenance Expense $1,200
- Pest Control $480
- Water Sewer Expense $2,100
- New Taxes Expense $11,875
- Gross Income $5,950
- Net Operating Income $50,250
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central, CA
-
Vannessa Swinford
-
Allison Van Wig
Allison Van Wig
Responds QuicklyKeller Williams Coastal Prop.
(562) 582-8861
236 Total Sales
1 in Central
$725,000 Price
-
Albert Marin
Albert Marin
Re/Max Top Producers
(951) 456-4305
64 Total Sales
1 in Central
$550,000 Price
-
Joshua Coburn
Joshua Coburn
Chamberlain Real Estate
(858) 251-9237
51 Total Sales
1 in Central
$570,000 Price
-
Maria Guerrero
Maria Guerrero
Y Realty
(424) 552-2340
11 Total Sales
1 in Central
$445,000 Price
-
Gaurav Datta
Gaurav Datta
Y Realty
(562) 850-1338
2 Total Sales
1 in Central
$1,090,000 Price
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 |
|---|---|---|---|
| -- | Accommodation | ||
| Coast To Coast Investment Group Llc | $850,000 | Provident Title Company | |
| The Romero Family Trust | -- | Security Union Title | |
| Romero Felipe E | -- | Accommodation | |
| Romero Felipe E | -- | -- | |
| Romero Felipe E | -- | Gateway Title Company | |
| Romero Victoriano | -- | -- | |
| Romero Victoriano | -- | American Title | |
| Vellos Bernarda | -- | American Title | |
| Romero Victoriano | -- | 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 |
|---|---|---|---|
| Previous Owner | $450,000 | ||
| Previous Owner | Romero Felipe E | $375,000 | |
| Previous Owner | Romero Victoriano | $34,700 |
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 |
|---|---|---|---|---|
| 11/18/2015 11/18/15 | Sold | $850,000 | -11.4% | $237 / Sq Ft |
| 10/23/2015 10/23/15 | Pending | -- | -- | -- |
| 09/24/2015 09/24/15 | For Sale | $959,900 | -- | $268 / 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 | $16,257 | $1,194,714 | $568,911 | $625,803 |
| 2025 | $16,257 | $1,171,289 | $557,756 | $613,533 |
| 2024 | $15,562 | $1,148,323 | $546,820 | $601,503 |
| 2023 | $15,291 | $1,125,808 | $536,099 | $589,709 |
| 2022 | $14,366 | $1,103,735 | $525,588 | $578,147 |
| 2021 | $14,065 | $1,082,094 | $515,283 | $566,811 |
| 2020 | $14,029 | $1,071,000 | $510,000 | $561,000 |
| 2019 | $12,074 | $902,026 | $265,302 | $636,724 |
| 2018 | $11,690 | $884,340 | $260,100 | $624,240 |
| 2016 | $10,763 | $850,000 | $250,000 | $600,000 |
| 2015 | $8,797 | $700,000 | $388,800 | $311,200 |
| 2014 | $8,240 | $640,000 | $355,500 | $284,500 |
Source: Public Records
Agents Affiliated with this Home
-
Zenaida Macapobre
ZM
Seller's Agent in 2015
Zenaida Macapobre
Keller Williams Realty
(310) 930-6455
13 Total Sales
-
Phillip Romero
PR
Seller Co-Listing Agent in 2015
Phillip Romero
Keller Williams Realty
(310) 375-3511
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB15211081
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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