$630,000
SOLD OCT 6, 2020
5 Beds
3 Baths
2,630 Sq Ft
5,465 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

13% Below List Price

37 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 2-minute walk to Peace Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of May 2025

First time on market in over 40 years! Well maintained triplex in the Poly High District of Long Beach. Front unit is 2 bedrooms / 1 bath with very spacious living room and dining room. Back downstairs unit is 1 bedroom / 1 bath plus bonus room which tenant has utilized as a second bedroom. Back upstairs unit is 2 bedrooms / 1 bath. Spacious yard between the front and back units. Property has new exterior paint. Conveniently located near Signal Hill Elementary, Renaissance High School for the Arts, Downtown Long Beach, and water front. Very long standing tenants are on month to month leases. Wonderful opportunity for investment!

Last Agent to Sell the Property

CRYSTAL YOUNG

Resound Properties License #01783560 Listed on: 07/11/2020

Co-Listed By

PETER LUI

KENT REALTY & INVESTMENT License #00715284

Last Buyer's Agent

Cody Charnell

Sage Real Estate Group, Inc. License #01950585

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,988

Year Built

  • Built in 1923

Lot Details

  • 5,465 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 2,630 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 5753
  • Assessor Parcel Number 7269031005

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Poly High Subdivision

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $422
  • New Taxes Expense $1,304
  • Operating Expense $1,726
  • Gross Income $2,325
  • Net Operating Income $2,325

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,988

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR2N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7269031005
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 239.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 5465.00
  • Lot Size Acres: 0.1255

Multi Family

  • Gross Income: 2325.00
  • Gross Scheduled Income: 2325.00
  • Insurance Expense: 422.00
  • Lot Size Area: 5465.0000 Square Feet
  • Net Operating Income: 2325.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Expenses: 1726.00

Tax Info

  • New Taxes Expense: 1304.00
  • Tax Census Tract: 5753.00
  • Tax Lot: 41
  • Tax Tract Number: 5753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2025
Closed on
Apr 8, 2025
Sold by
Long Beach Trading Company Inc and Charnell Cody James
Bought by
Howell Alton Lee
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Theresa Cornwell
Sage Real Estate Group, Inc.
List Price
$895,000
Sold Price
$915,000
Premium/Discount to List
$20,000
2.23%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.05%
Original Mortgage
$915,000
Outstanding Balance
$914,192
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
-$16,651

Purchase Details

Closed on
Jan 17, 2025
Sold by
Charnell Cody James
Bought by
Long Beach Trading Company Inc and Charnell

Purchase Details

Listed on
Jul 11, 2020
Closed on
Sep 30, 2020
Sold by
Kwok Lydia Shiu Hung and Choy Philip Sui Fai
Bought by
Charnell Cody James
Seller's Agent
CRYSTAL YOUNG
Resound Properties
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$728,000
Sold Price
$630,000
Premium/Discount to List
-$98,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$618,589
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2005
Sold by
Choy Sui Hung and Choy Lai Hung
Bought by
Choy Sui Hung and Choy Lai Hung
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $915,000 Old Republic Title
Gift Deed -- Old Republic Title
Quit Claim Deed -- Old Republic Title
Grant Deed $630,000 Stewart Title Of California
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $915,000 VA
Previous Owner $621,000 New Conventional
Previous Owner $618,589 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $915,000 +2.2% $348 / Sq Ft
02/20/2025 02/20/25 For Sale $895,000 +42.1% $340 / Sq Ft
10/06/2020 10/06/20 Sold $630,000 -13.5% $240 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/11/2020 07/11/20 For Sale $728,000 -- $277 / 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
2024 $8,988 $668,560 $318,362 $350,198
2023 $8,836 $655,452 $312,120 $343,332
2022 $8,302 $642,600 $306,000 $336,600
2021 $8,128 $630,000 $300,000 $330,000
2020 $1,317 $58,153 $30,829 $27,324
2019 $1,304 $57,018 $30,225 $26,793
2018 $1,193 $55,905 $29,633 $26,272
2016 $1,090 $53,525 $28,483 $25,042
2015 $1,058 $52,722 $28,056 $24,666
2014 $1,071 $51,690 $27,507 $24,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20136127

California Regional Multiple Listing Service (CRMLS)

APN: 7269-031-005