NOT LISTED FOR SALE

Estimated Value: $856,000 - $938,000

4 Beds
4 Baths
2,194 Sq Ft
$401/Sq Ft Est. Value

Last Sold April 14, 2017

Last sale price $535,000 $244 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,274/month

13 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Long Beach Polytechnic High School Rated A
  • Central Heating
  • 3-minute walk to Rosa Parks Park

About This Home

As of April 2017

Well kept centrally located duplex property consisting of 2 bedrooms, 1 full bath on top level, and a half bath on lower level each. Each dwelling has its own laundry area and formal dining room. Separate back yards. Separate access to rear yards. Close to 405 Freeway and Downtown Long Beach. Minutes away from the Queen Mary and Long Beach Aquarium. One unit recently remodeled on July 2016. Plenty of closet space! Spacious driveway with a large detached 2 car garage. Great opportunity for an investor, or live in one and rent the other! The possibilities are endless! Property may qualify for first time buyer programs.

Last Agent to Sell the Property

Steve Cabrera

Adriana Rayo License #01436131 Listed on: 02/23/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 5,271 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Split Level Home

Interior Spaces

  • 2,194 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dining Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 10403
  • Assessor Parcel Number 7268019022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,440
  • Fuel Expense $624
  • Gardener Expense $900
  • Insurance Expense $1,080
  • Trash Expense $216
  • Water Sewer Expense $960
  • New Taxes Expense $6,281
  • Operating Expense $10,601
  • Gross Income $37,200
  • Net Operating Income $25,699

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 960.00
  • Zoning: LBR4R
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 7268019022
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Dining Room
  • Levels: Multi/Split
  • Price Per Square Foot: 243.85
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 216.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5271.00

Multi Family

  • Electric Expense: 1440.00
  • Fuel Expense: 624.00
  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1080.00
  • Net Operating Income: 25699.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11501.00
  • Rent Control: No
  • Total Expenses: 10601.00

Tax Info

  • New Taxes Expense: 6281.00
  • Tax Census Tract: 5752.01
  • Tax Lot: 3
  • Tax Tract Number: 10403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Levalle Roy M and Levalle Woo Joon
Bought by
Levalle Roy M
Current Estimated Value
$880,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,500
Outstanding Balance
$448,043
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$432,646

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 6, 2017
Sold by
Sedeno Maria L and Cedeno Francisco
Bought by
Levalle Roy M
Seller's Agent
Steve Cabrera
Adriana Rayo
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$428,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2008
Sold by
Ezelle Victor L
Bought by
Sedeno Maria L and Cedeno Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Levalle Roy M -- Title 365
Levalle Roy M $535,000 Provident Title
Sedeno Maria L $470,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levalle Roy M $503,500
Closed Levalle Roy M $428,000
Previous Owner Sedeno Maria L $423,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2017 04/14/17 Sold $535,000 -1.8% $244 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $545,000 -- $248 / 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 $8,087 $620,909 $290,145 $330,764
2024 $8,087 $608,735 $284,456 $324,279
2023 $7,952 $596,800 $278,879 $317,921
2022 $7,471 $585,099 $273,411 $311,688
2021 $7,318 $573,627 $268,050 $305,577
2020 $7,299 $567,746 $265,302 $302,444
2019 $7,215 $556,614 $260,100 $296,514
2018 $6,961 $545,700 $255,000 $290,700
2016 $6,282 $521,497 $277,392 $244,105
2015 $6,029 $513,665 $273,226 $240,439
2014 $5,989 $503,604 $267,874 $235,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17037459

California Regional Multiple Listing Service (CRMLS)

APN: 7268-019-022