NOT LISTED FOR SALE

Estimated Value: $917,000 - $1,314,000

6 Beds
4 Baths
2,574 Sq Ft
$418/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $714,000 $277 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,714/month

177 Days on Market

Highlights

  • Great Room
  • Lawn
  • Workshop
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Balcony

About This Home

As of February 2020

Two houses on a lot with additional (already permitted!) rental space above four garages. Finance as a duplex (less money down!) and use it as two units (a 4/3 and a 2/1) OR for added income, convert the upstairs to one or two Accessory Dwelling Units and have three or four units to rent. Long Beach has become very ADU friendly. Check with the city! Duplexes are on list in 2020 to be approved to allow ADUs. The space already set up - including separate entrances and gas, plumbing and electric - just reinstall the kitchen(s)! The front house is a remodeled detached two bedroom one bath with a great layout, separate front yard and a cute side yard. It would be perfect for an owner occupant. The second cottage has two bedrooms and one bathroom downstairs and a staircase in back which leads to two more bedrooms and bathrooms divided by a landing with a separate entrance to the courtyard. The cute courtyard between the buildings offers plenty of room on the lot for gardening, enjoying the outdoors, or for kids to play. Four roomy garages are around back with easy alley access. This is a great property in a fantastic neighborhood to own rentals! The beauty of this property is its limitless potential!

Last Agent to Sell the Property

Lorri Quiett

Vylla Home, Inc. License #01371114 Listed on: 07/24/2019

Last Buyer's Agent

Steve Nader

Beach Team License #01982651

Beach Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,301

Year Built

  • Built in 1921

Lot Details

  • 6,508 Sq Ft Lot
  • 1 Common Wall
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Duplex
  • Bungalow
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,574 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Workshop
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 3883
  • Assessor Parcel Number 7261014011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,301

Year Built

Built in 1921

Lot Details

0

Parking

4

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7261014011
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2574.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 277.39
  • Room Type: Great Room, Laundry, Master Bathroom, Workshop

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 6508.00
  • Lot Size Acres: 0.1494

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6508.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5752.02
  • Tax Lot: 10
  • Tax Tract Number: 3883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Timothy Lin
Bought by
Lin Family Trust
Current Estimated Value
$1,074,877

Purchase Details

Listed on
Jul 24, 2019
Closed on
Jan 23, 2020
Sold by
Dilbeck Kenneth and Dilbeck Ken
Bought by
Lin Timothy and Utrapiromsuk Pear
Seller's Agent
Lorri Quiett
Vylla Home, Inc.
Buyer's Agent
Steve Nader
Beach Team
List Price
$749,000
Sold Price
$714,000
Premium/Discount to List
-$35,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$535,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2003
Sold by
Costa Anita K
Bought by
Dilbeck Ken

Purchase Details

Closed on
Jul 9, 2003
Sold by
Kaura Ashwani K
Bought by
Dilbeck Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,300
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lin Family Trust -- Law Offices Of Richard Mahony
Lin Timothy $714,000 Ticor Title Company Of Ca
Dilbeck Ken -- First American Title Co
Dilbeck Ken $387,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Timothy $543,750
Previous Owner Lin Timothy $535,500
Previous Owner Dilbeck Kenneth $43,500
Previous Owner Dilbeck Kenneth $432,600
Previous Owner Dilbeck Ken $348,300
Closed Dilbeck Ken $19,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $714,000 -4.7% $277 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $749,000 +4.9% $291 / Sq Ft
12/04/2019 12/04/19 Off Market $714,000 -- --
12/04/2019 12/04/19 Pending -- -- --
09/25/2019 09/25/19 Price Changed $775,000 -8.7% $301 / Sq Ft
08/26/2019 08/26/19 Price Changed $849,000 -3.0% $330 / Sq Ft
07/24/2019 07/24/19 For Sale $875,000 -- $340 / 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 $10,301 $780,860 $452,767 $328,093
2024 $10,301 $765,550 $443,890 $321,660
2023 $10,124 $750,540 $435,187 $315,353
2022 $9,510 $735,824 $426,654 $309,170
2021 $9,312 $721,397 $418,289 $303,108
2020 $6,538 $502,454 $132,598 $369,856
2019 $6,463 $492,603 $129,999 $362,604
2018 $14,514 $482,945 $127,450 $355,495
2016 $5,722 $464,193 $122,501 $341,692
2015 $5,495 $457,221 $120,661 $336,560
2014 $5,462 $448,266 $118,298 $329,968
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19176603

California Regional Multiple Listing Service (CRMLS)

APN: 7261-014-011