NOT LISTED FOR SALE

Estimated Value: $684,000 - $1,041,179

3 Beds
2 Baths
1,828 Sq Ft
$461/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $615,000 $336 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,280/month

About This Home

As of June 2021

Charming duplex fixer opportunity in the booming Hellman Street Craftsman district of Long Beach. Flexible zoning allows for both commercial and residential opportunities for a developer. Tenant currently on month-to-month. Cash buyers only please!

Last Agent to Sell the Property

William Hayward

Y Realty License #01722898 Listed on: 02/19/2021

Last Buyer's Agent

Matthew Meskin

Wealth Managers, Inc. License #02044498

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 6,518 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • 1,828 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 3356
  • Assessor Parcel Number 7266001029

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $1,200
  • Insurance Expense $1,200
  • Trash Expense $720
  • Water Sewer Expense $720
  • New Taxes Expense $8,000
  • Operating Expense $11,840
  • Gross Income $7,200
  • Net Operating Income $380

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Hellman
  • Water Sewer Expenses: 720.00
  • Zoning: LBCNR
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7266001029
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 336.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6518.00
  • Lot Size Acres: 0.1496

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 7200.00
  • Gross Scheduled Income: 600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6518.0000 Square Feet
  • Net Operating Income: 380.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Operating Expense Percent: 35.00
  • Rent Control: No
  • Total Expenses: 11840.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Census Tract: 5764.02
  • Tax Lot: 11
  • Tax Tract Number: 3356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
Brown Robert T and Brown Peggy A
Bought by
Kennedy Scott and Kennedy Mary
Current Estimated Value
$842,795
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kennedy Scott -- Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2021 06/15/21 Sold $615,000 0.0% $336 / Sq Ft
05/21/2021 05/21/21 Off Market $615,000 -- --
05/07/2021 05/07/21 Price Changed $649,900 0.0% $356 / Sq Ft
05/07/2021 05/07/21 For Sale $649,900 +5.7% $356 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
02/19/2021 02/19/21 Off Market $615,000 -- --
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 $10,362 $779,987 $546,522 $233,465
2024 $9,899 $764,694 $535,806 $228,888
2023 $9,733 $749,700 $525,300 $224,400
2022 $9,136 $735,000 $515,000 $220,000
2021 $3,448 $251,350 $173,351 $77,999
2020 $3,439 $248,774 $171,574 $77,200
2019 $3,400 $243,897 $168,210 $75,687
2018 $3,244 $239,115 $164,912 $74,203
2016 $2,980 $229,832 $158,509 $71,323
2015 $2,866 $226,381 $156,129 $70,252
2014 $2,857 $221,947 $153,071 $68,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21034960

California Regional Multiple Listing Service (CRMLS)

APN: 7266-001-029