NOT LISTED FOR SALE

Estimated Value: $968,619 - $1,139,000

6 Beds
5 Baths
4 Sq Ft
$259,851/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $920,000 $230,000 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,686/month

56 Days on Market

Highlights

  • Wall Furnace
  • Woodrow Wilson High School Rated A
  • 1-Story Property

About This Home

As of February 2024

The fourplex is situated in a desirable neighborhood in Long Beach, known for its accessibility to amenities, parks, and local attractions. It's conveniently located near major roads and public transportation, making it easy for residents to commute.The fourplex consists of four separate units. One unit is three bedrooms and two bathrooms which has recently undergone renovations, including updated kitchen, new flooring, new windows, new shower door in main bathroom, shutters in living room and front bedroom and fresh interior and exterior paint. It provides a great opportunity for the buyer to live on-site while renting out the other units.Three units are designed with one bedroom and one bathroom. There is a communal outdoor space, perhaps a shared courtyard providing residents with a place to relax.
.

Last Agent to Sell the Property

Esmeralda Gomez

Keller Williams Coastal Proper License #01764932 Listed on: 11/21/2023

Keller Williams Coastal Proper

Last Buyer's Agent

Sotheary Sar

Re/Max Top Producers License #02076450

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,881 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 116
  • Tax Tract Number 1577
  • Assessor Parcel Number 7260012024
  • $623 per year additional tax assessments

Community Details

Overview

  • 4 Buildings
  • 4 Units
  • Eastside Subdivision

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $600
  • Operating Expense $2,400
  • Gross Income $5,700
  • Net Operating Income $4,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7260012024
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Other
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5881.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 5700.00
  • Gross Scheduled Income: 5700.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5881.0000 Square Feet
  • Net Operating Income: 4500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 2100.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • Tax Census Tract: 5751.01
  • Tax Lot: 116
  • Tax Tract Number: 1577
  • TaxOtherAnnualAssessmentAmount: 623.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Feb 15, 2024
Sold by
Rafaela Uribe Gomez Living Trust
Bought by
Yam Chann Vouy
Seller's Agent
Esmeralda Gomez
Keller Williams Coastal Proper
Buyer's Agent
Sotheary Sar
Re/Max Top Producers
List Price
$1,100,000
Sold Price
$920,000
Premium/Discount to List
-$180,000
-16.36%
Views
128
Current Estimated Value
$1,039,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,405
Avg. Annual Appreciation
6.93%
Original Mortgage
$690,000
Outstanding Balance
$677,783
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$361,622

Purchase Details

Closed on
Apr 21, 2016
Sold by
Gomez Rafaela
Bought by
Gomez Rafaela Uribe and The Rafaela Uribe Gomez Living
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Yam Chann Vouy $920,000 Old Republic Title Company
Gomez Rafaela Uribe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yam Chann Vouy $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $920,000 -7.5% $230,000 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/03/2024 01/03/24 Price Changed $995,000 -9.5% $248,750 / Sq Ft
11/25/2023 11/25/23 For Sale $1,100,000 -- $275,000 / 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 $2,880 $938,400 $530,400 $408,000
2024 $2,880 $166,307 $99,789 $66,518
2023 $2,670 $163,047 $97,833 $65,214
2022 $2,524 $159,851 $95,915 $63,936
2021 $2,461 $156,718 $94,035 $62,683
2020 $2,454 $155,112 $93,071 $62,041
2019 $2,427 $152,072 $91,247 $60,825
2018 $2,268 $149,091 $89,458 $59,633
2016 $2,089 $143,303 $85,985 $57,318
2015 $2,014 $141,152 $84,694 $56,458
2014 $2,019 $138,388 $83,035 $55,353
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: OC23216220

California Regional Multiple Listing Service (CRMLS)

APN: 7260-012-024