A
Seller's Agent in 2022
Andrew Brown
Alta Realty Group CA, Inc
1514 Orange Ave Long Beach, CA 90813
Central NeighborhoodEstimated Value: $1,099,000 - $1,464,000
7
Beds
3
Baths
2,095
Sq Ft
$606/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Property is near a park
- Neighborhood Views
- Long Beach Polytechnic High School Rated A
- No HOA
- 3-minute walk to Rosa Parks Park
About This Home
As of January 2022Renovated Triplex in the Poly District in Long Beach! Located down the street from Long Beach City College and a short commute to the Marina, this triplex makes for a perfect investment unit - you can rent all three units or live in one and rent out the rest. The back building consists of a 2 bed / 1 bath duplex with identical floor plans. The Unit to the right has been recently upgraded with new luxury vinyl flooring, fresh paint, new baseboards, tile surround tub with new fixtures, brand new kitchen with Quartz countertops and soft close cabinets, recessed lights in the kitchen and the living room and new doors. The outside has been freshly painted, new double pane windows (installation is in a few weeks) and a new roof with a 30 year warranty. The front unit consist of a 3 bed 1 bath apartment. In terms of rent, the duplex in the back can rent for $4,000 per month total (one of the units is currently rented for $2,000 per month) and the front 3 bedroom is currently renting for $3,000 per month bringing the total monthly pro forma to $7,000 per month ($84,000 / year). Recent comps: 4-plex on Gundry sold for almost $1.4 M producing $100k per year. Photos are from the renovated unit (virtually staged). Professional photos coming soon.
Last Agent to Sell the Property
Andrew Brown
Alta Realty Group CA, Inc License #02054866 Listed on: 09/25/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,356
Year Built
- Built in 1930 | Under Construction
Lot Details
- 5,840 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Block Wall Fence
- Front Yard
- Density is 2-5 Units/Acre
Home Design
- Triplex
- Turnkey
- Raised Foundation
- Composition Roof
Interior Spaces
- 2,095 Sq Ft Home
- Recessed Lighting
- Double Pane Windows
- Window Screens
- Family Room
- Storage
- Vinyl Flooring
- Neighborhood Views
Kitchen
- Electric Oven
- Gas Range
- Free-Standing Range
Bedrooms and Bathrooms
- 7 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Stacked Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Available
- Off-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Phone Available
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tax Lot 48
- Tax Tract Number 575201
- Assessor Parcel Number 7268035024
- $590 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Recreation
- Park
Building Details
- 2 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $84,000
- Net Operating Income $84,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 16, 2022
Sold by
Leung Jenny
Bought by
Aio Trust and Liu
Current Estimated Value
Purchase Details
Closed on
Oct 30, 2014
Sold by
Hervey Claudia F and Hervey Cheryl
Bought by
Claudia F Hervey Trust
Purchase Details
Closed on
Sep 28, 2004
Sold by
Hervey Claudia F
Bought by
Hervey Claudia F and The Claudia F Hervey Revocable
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 14, 2002
Sold by
Hervey Claudia F
Bought by
Hervey Claudia F and The Claudia Hervey Revocable T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.94%
Purchase Details
Closed on
Apr 23, 2002
Sold by
Hervey Claudia F and The Claudia F Hervey Revocable
Bought by
Hervey Claudia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.94%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aio Trust | -- | None Listed On Document | |
| Claudia F Hervey Trust | -- | None Available | |
| Hervey Claudia F | -- | Alliance Title Company | |
| Hervey Claudia F | -- | Alliance Title Company | |
| Hervey Claudia F | -- | Chicago Title Co | |
| Hervey Claudia F | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hervey Claudia F | $150,000 | |
| Previous Owner | Hervey Claudia F | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2022 01/07/22 | Sold | $1,139,000 | 0.0% | $544 / Sq Ft |
| 12/08/2021 12/08/21 | Pending | -- | -- | -- |
| 12/07/2021 12/07/21 | For Sale | $1,139,000 | 0.0% | $544 / Sq Ft |
| 12/06/2021 12/06/21 | Off Market | $1,139,000 | -- | -- |
| 12/01/2021 12/01/21 | For Sale | $1,139,000 | 0.0% | $544 / Sq Ft |
| 10/19/2021 10/19/21 | For Sale | $1,139,000 | 0.0% | $544 / Sq Ft |
| 10/09/2021 10/09/21 | Off Market | $1,139,000 | -- | -- |
| 10/09/2021 10/09/21 | Price Changed | $1,139,000 | -5.0% | $544 / Sq Ft |
| 10/08/2021 10/08/21 | For Sale | $1,199,000 | +5.3% | $572 / Sq Ft |
| 10/01/2021 10/01/21 | Pending | -- | -- | -- |
| 09/29/2021 09/29/21 | Off Market | $1,139,000 | -- | -- |
| 09/25/2021 09/25/21 | For Sale | $1,199,000 | -- | $572 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,356 | $1,208,715 | $795,906 | $412,809 |
| 2024 | $15,356 | $1,185,015 | $780,300 | $404,715 |
| 2023 | $15,099 | $1,161,780 | $765,000 | $396,780 |
| 2022 | $2,402 | $149,507 | $56,187 | $93,320 |
| 2021 | $2,338 | $146,577 | $55,086 | $91,491 |
| 2020 | $2,332 | $145,075 | $54,522 | $90,553 |
| 2019 | $2,306 | $142,231 | $53,453 | $88,778 |
| 2018 | $2,174 | $139,443 | $52,405 | $87,038 |
| 2016 | $1,999 | $134,030 | $50,371 | $83,659 |
| 2015 | $1,929 | $132,018 | $49,615 | $82,403 |
| 2014 | $1,934 | $129,433 | $48,644 | $80,789 |
Source: Public Records
Agents Affiliated with this Home
-
-
Lindsey Iskierka
Buyer's Agent in 2022
Lindsey Iskierka
Real Brokerage Technologies
(916) 848-7554
1 in this area
124 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21206297
APN: 7268-035-024
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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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