NOT LISTED FOR SALE

Estimated Value: $1,178,000 - $1,355,000

9 Beds
5 Baths
4,250 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 03, 2021

Last sale price $1,068,000 $251 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,946/month

29 Days on Market

Highlights

  • Heating System Uses Natural Gas
  • Long Beach Polytechnic High School Rated A
  • 4-minute walk to Peace Park

About This Home

As of February 2021

FOUR UNITS #1 4BEDROOMS 2BATH* #2 3BEDROOMS 1.5BATH* #3 2BEDROOMS 1BATH* #4 SINGLE 1BATH* WITH A TOTAL SQFT OF 4250 BUILDING, NO RENT CONTROL

Last Agent to Sell the Property

Jose Calles

JohnHart Real Estate License #01259656 Listed on: 11/07/2020

JohnHart Real Estate

Last Buyer's Agent

Anthony Walker

Buckingham Investments, Inc License #01908153

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 9,578 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 4,250 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 4 / 2
  • Tax Tract Number 575300
  • Assessor Parcel Number 7269025011

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,890
  • Water Sewer Expense $3,600
  • New Taxes Expense $14,376
  • Operating Expense $925
  • Gross Income $7,375
  • Net Operating Income $6,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

9,578 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7269025011
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 251.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9578.00
  • Lot Size Acres: 0.2199

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 7375.00
  • Gross Scheduled Income: 7375.00
  • Insurance Expense: 1890.00
  • Lot Size Area: 9578.0000 Square Feet
  • Net Operating Income: 6450.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 925.00
  • Rent Control: No
  • Total Expenses: 925.00

Tax Info

  • New Taxes Expense: 14376.00
  • Tax Block: 2
  • Tax Census Tract: 5753.00
  • Tax Lot: 4
  • Tax Tract Number: 575300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Dec 8, 2020
Sold by
Garcia Javier Blanco
Bought by
Gupta Nina and Scaplen James
Seller's Agent
Jose Calles
JohnHart Real Estate
Buyer's Agent
Anthony Walker
Buckingham Investments, Inc
List Price
$1,198,000
Sold Price
$1,068,000
Premium/Discount to List
-$130,000
-10.85%
Current Estimated Value
$1,286,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,780
Avg. Annual Appreciation
3.74%
Original Mortgage
$801,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2019
Sold by
Estrada Mario and Estrada Mario Jose
Bought by
Garcia Javier Blanco

Purchase Details

Closed on
Jun 7, 2013
Sold by
Estrada Fritz and Estrada Zoila
Bought by
Estrada Mario

Purchase Details

Closed on
Oct 29, 2009
Sold by
Garcia Javier Blanco
Bought by
Garcia Javier Blanco and Estrada Fritz E

Purchase Details

Closed on
May 17, 2006
Sold by
Waters Denise
Bought by
Garcia Javier Blanco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 22, 1996
Sold by
Wilbert John E and Wilbert Voncillle
Bought by
Waters Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 2, 1993
Sold by
Conkle Chester A and Jacobson Karen D
Bought by
Conkle Chester A and Jacobson Karen D
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
Gupta Nina $1,068,000 Stewart Title Of California In
Garcia Javier Blanco -- None Available
Estrada Mario -- None Available
Garcia Javier Blanco -- None Available
Garcia Javier Blanco $785,000 North American Title Co
Waters Denise $167,000 Chicago Title
Conkle Chester A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gupta Nina $801,000
Previous Owner Garcia Javier Blanco $588,750
Previous Owner Waters Denise $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2021 02/03/21 Sold $1,068,000 -10.9% $251 / Sq Ft
12/06/2020 12/06/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $1,198,000 0.0% $282 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $1,198,000 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,799 $1,156,035 $649,458 $506,577
2024 $15,124 $1,133,369 $636,724 $496,645
2023 $14,872 $1,111,147 $624,240 $486,907
2022 $13,973 $1,089,360 $612,000 $477,360
2021 $10,907 $834,645 $297,253 $537,392
2020 $10,878 $826,328 $294,206 $532,122
2019 $10,753 $810,131 $288,438 $521,693
2018 $10,349 $794,252 $282,783 $511,469
2017 $10,241 $778,444 $277,239 $501,205
2016 $9,509 $763,181 $271,803 $491,378
2015 $9,135 $751,719 $267,721 $483,998
2014 $9,084 $736,995 $262,477 $474,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20235062

California Regional Multiple Listing Service (CRMLS)

APN: 7269-025-011

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