NOT LISTED FOR SALE

1480 Walnut Ave Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $941,000 - $1,223,173

5 Beds
3 Baths
2,710 Sq Ft
$409/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $635,000 $234 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,808/month

105 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Bonus Room
  • Living Room
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2019

Unlimited potential. Great investor opportunity.

Last Agent to Sell the Property

Stephon Carradine

Stephon Carradine, Broker License #01136467 Listed on: 10/22/2018

Stephon Carradine, Broker

Last Buyer's Agent

Cindi Rogan

Pacific Sotheby's International Realty License #01171455

Pacific Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,786

Year Built

  • Built in 1922

Lot Details

  • 6,537 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,710 Sq Ft Home
  • Living Room
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Location

  • Urban Location

Schools

  • Long Beach High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3883
  • Assessor Parcel Number 7261014005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,786

Year Built

Built in 1922

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7261014005
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2710.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 234.32
  • Room Type: Bonus Room, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Long Beach Unified
  • High School: Long Beach
  • High School: Long Beach
  • High School2: LONBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6537.00
  • Lot Size Acres: 0.1501

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6537.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5752.02
  • Tax Lot: 5
  • Tax Tract Number: 3883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Mar 7, 2019
Sold by
Lang Thuch and Lang Tita Sath
Bought by
Lloyd John J and Lloyd Cynthia J
Seller's Agent
Stephon Carradine
Stephon Carradine, Broker
Buyer's Agent
Cindi Rogan
Pacific Sotheby's International Realty
List Price
$790,000
Sold Price
$635,000
Premium/Discount to List
-$155,000
-19.62%
Current Estimated Value
$1,109,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,043
Avg. Annual Appreciation
8.66%
Original Mortgage
$476,250
Outstanding Balance
$419,562
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$666,911

Purchase Details

Closed on
Oct 14, 2016
Sold by
Lang Tita Sath
Bought by
Lang Thuch and Lang Tita Sath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 1999
Sold by
Lang Thuch
Bought by
Lang Tita Sath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lloyd John J $635,000 Fidelity National Title Co
Lang Thuch -- Orange Coast Title Company
Lang Tita Sath -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd John J $476,250
Previous Owner Lang Thuch $497,000
Previous Owner Lang Thuch $407,500
Previous Owner Lang Thuch $410,000
Previous Owner Lang Tita Sath $250,000
Previous Owner Lang Thuc $100,000
Previous Owner Lang Tita Sath $75,000
Previous Owner Lang Tita Sath $205,000
Previous Owner Lang Tita Sath $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $635,000 -2.3% $234 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
12/14/2018 12/14/18 Price Changed $650,000 -17.7% $240 / Sq Ft
10/22/2018 10/22/18 For Sale $790,000 -- $292 / 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 $10,786 $831,449 $446,205 $385,244
2024 $10,786 $815,147 $437,456 $377,691
2023 $9,085 $680,845 $428,879 $251,966
2022 $8,536 $667,496 $420,470 $247,026
2021 $8,362 $654,409 $412,226 $242,183
2020 $8,445 $647,700 $408,000 $239,700
2019 $5,364 $396,963 $168,210 $228,753
2018 $5,106 $389,180 $164,912 $224,268
2016 $4,685 $374,069 $158,509 $215,560
2015 $4,502 $368,452 $156,129 $212,323
2014 $4,478 $361,235 $153,071 $208,164
Source: Public Records

Agents Affiliated with this Home

  • Stephon Carradine

    Seller's Agent in 2019

    Stephon Carradine

    Stephon Carradine, Broker

    (562) 472-2595

    8 Total Sales

    Stephon Carradine
    Section Image
  • Cindi Rogan

    Buyer's Agent in 2019

    Cindi Rogan

    Pacific Sotheby's International Realty

    (562) 260-8395

    50 Total Sales

    Cindi Rogan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18257526

California Regional Multiple Listing Service (CRMLS)

APN: 7261-014-005

California Los Angeles County Long Beach 90813 Cambodia Town

1480 Walnut Ave, Long Beach, CA

This home is located at 1480 Walnut Ave, Long Beach, CA 90813 since 22 October 2018 and is currently estimated at $1,109,043, approximately $409 per square foot. This property was built in 1922. 1480 Walnut Ave is a home located in Los Angeles County with nearby schools including Whittier Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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