NOT LISTED FOR SALE

Estimated Value: $1,115,000 - $1,412,000

6 Beds
6 Baths
3,468 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $1,030,000 $297 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,774/month

12 Days on Market

Highlights

  • No Units Above
  • No HOA
  • 4 Car Garage
  • Property is near park
  • Laundry Room
  • 4-minute walk to 14th Street Park

About This Home

As of May 2021

Rare Duplex built in 2004 opportunity offers 2 side by side units including one vacant and the 2nd is leased for $2,846 through March 2022.  Each unit features 3 bedrooms and 2.5 bathrooms, including a master, 2 levels, approximately 1,734 sq ft and a detached 2 car garage per unit, inside laundry hook-ups, and a private patio yard.  Separately metered for gas and electric. The total building sq ft is 3,468 and the vacant unit is move-in ready!  The occupied unit was updated with new laminate floors, new cabinets/countertops, paint and carpet upstairs before the tenant moved in, photos included of the occupied unit prior to move-in.  Add this duplex to your portfolio or move into the vacant unit!  This is a high demand area and a prime rental location within close proximity to the Ocean & beaches, the Queen Mary, Downtown Long Beach, the Aquarium of the Pacific, Convention Center, fine eateries, and shopping!  Take a tour and make an offer today!

Last Agent to Sell the Property

Jessica Nieto

eXp Realty of California Inc License #01923684 Listed on: 03/24/2021

eXp Realty of California Inc

Co-Listed By

Brian Brooke

eXp Realty of California Inc License #01385336

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004

Lot Details

  • 4,719 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,468 Sq Ft Home
  • 2-Story Property
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Property is near park

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 15 / A
  • Tax Tract Number 7518
  • Assessor Parcel Number 7269040014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Willmore District Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Net Operating Income $2,746

Property Details

Home Type

Multi-Family

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Willmore District (WM)
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Parcel Number: 7269040014
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 297.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Park Nearby
  • Lot Size Sq Ft: 4719.00
  • Lot Size Acres: 0.1083

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 2846.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4719.0000 Square Feet
  • Net Operating Income: 2746.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 100.00
  • Rent Control: No

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5754.01
  • Tax Lot: 15
  • Tax Tract Number: 7518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2013
Closed on
Oct 11, 2013
Sold by
Mostajo Annabelle
Bought by
Ih3 Property West Lp
Seller's Agent
Heid Panelo
UNITED REGENCY REALTY
Buyer's Agent
Brian Brooke
eXp Realty of California Inc
List Price
$385,000
Sold Price
$473,550
Premium/Discount to List
$88,550
23%
Current Estimated Value
$1,268,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$794,974
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Mar 23, 2013
Sold by
Mostajo Percival
Bought by
Mostajo Annabelle

Purchase Details

Closed on
Feb 21, 2007
Sold by
Mostajo Percival
Bought by
Mostajo Percival and Mostajo Annabelle

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
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
La Palma Investments Inc
Bought by
Mostajo Percival and Mostajo Annabelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2003
Sold by
Hud
Bought by
La Palma Investments Inc

Purchase Details

Closed on
Sep 25, 2002
Sold by
Wells Fargo Home Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 18, 2002
Sold by
California Home Heritage Foundation
Bought by
Wells Fargo Home Mtg Inc and Norwest Mtg Inc

Purchase Details

Closed on
Dec 28, 2000
Sold by
Hud
Bought by
California Home Heritage Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,750
Interest Rate
7.54%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Mar 3, 2000
Sold by
Sebastian Roberto
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Jan 13, 1998
Sold by
Rosas Miguel
Bought by
Sebastian Roberto and Sebastian Maria Dejesus

Purchase Details

Closed on
Oct 31, 1996
Sold by
Hamra Robert
Bought by
Sebastian Roberto and Sebastian Maria Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
7.74%

Purchase Details

Closed on
Apr 22, 1996
Sold by
Alvandi Francois J
Bought by
Hamra Robert and Rodriguez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
8.3%

Purchase Details

Closed on
Nov 3, 1995
Sold by
California Federal Bank Fsb
Bought by
Alvandi Francois J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
7.58%

Purchase Details

Closed on
Aug 15, 1995
Sold by
Mitchell Robert A
Bought by
California Federal Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ih3 Property West Lp $474,000 Lawyers Title
Mostajo Annabelle -- None Available
Mostajo Percival -- Old Republic Title Company
Mostajo Percival $520,000 --
La Palma Investments Inc $73,000 Nations
Hud -- Fidelity National Title Ins
Wells Fargo Home Mtg Inc $254,256 Fidelity National Title
California Home Heritage Foundation $160,000 Lawyers Title Company
Hud $265,031 Fidelity National Title Ins
Homeside Lending Inc $265,031 --
Sebastian Roberto -- --
Sebastian Roberto $235,000 American Title Ins Co
Hamra Robert $122,500 --
Alvandi Francois J $84,000 Chicago Title Co
California Federal Bank Fsb -- Southern California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mostajo Percival $560,000
Previous Owner Mostajo Percival $390,000
Previous Owner California Home Heritage Foundation $227,750
Previous Owner Sebastian Roberto $226,800
Previous Owner Hamra Robert $115,000
Previous Owner Alvandi Francois J $77,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2021 05/10/21 Sold $1,030,000 +5.6% $297 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $975,000 +105.9% $281 / Sq Ft
11/04/2013 11/04/13 Sold $473,550 +23.0% $137 / Sq Ft View Prior Sale
10/28/2013 10/28/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $385,000 -- $111 / 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 $14,246 $1,120,315 $649,458 $470,857
2024 $14,246 $1,098,349 $636,724 $461,625
2023 $14,012 $1,076,814 $624,240 $452,574
2022 $13,152 $1,055,700 $612,000 $443,700
2021 $9,501 $750,540 $428,880 $321,660
2020 $9,475 $742,845 $424,483 $318,362
2019 $6,857 $520,881 $219,781 $301,100
2018 $6,608 $510,669 $215,472 $295,197
2016 $6,059 $490,841 $207,106 $283,735
2015 $5,819 $483,470 $203,996 $279,474
2014 $5,783 $474,000 $200,000 $274,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21061306

California Regional Multiple Listing Service (CRMLS)

APN: 7269-040-014