NOT LISTED FOR SALE

1609 E 14th St Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $954,000 - $1,115,000

6 Beds
4 Baths
2,830 Sq Ft
$363/Sq Ft Est. Value

Last Sold February 23, 2022

Last sale price $920,000 $325 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,438/month

2 Days on Market

Highlights

  • Second Garage
  • Long Beach Polytechnic High School Rated A
  • Wall Furnace

About This Home

As of February 2022

DO NOT DISTUBE TENANTS. The property consist of 4 units , low rent has lot of potential. There second structure that has 4 cars parking garages. Investment opportunity. Sale as is with no repair.

Last Agent to Sell the Property

Nira Tea

Nira Realty and Services License #01801300 Listed on: 01/17/2022

Last Buyer's Agent

Nira Tea

Nira Realty and Services License #01801300 Listed on: 01/17/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,430 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Second Garage

Home Design

  • 2,830 Sq Ft Home
  • Property Attached
  • Slab Foundation
  • Asphalt Roof

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 3883
  • Assessor Parcel Number 7261014022
  • $741 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Poly High Subdivision

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $240
  • Insurance Expense $1,200
  • Trash Expense $400
  • Water Sewer Expense $1,777
  • New Taxes Expense $6,204
  • Operating Expense $9,821
  • Gross Income $45,480
  • Net Operating Income $40,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 1777.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7261014022
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 325.09

Exterior Features

  • Foundation: Slab
  • Other Structures: Second Garage Detached
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • 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: 2-5 Units/Acre
  • Lot Size Sq Ft: 4430.00
  • Lot Size Acres: 0.1017

Multi Family

  • Electric Expense: 240.00
  • Gross Income: 45480.00
  • Gross Scheduled Income: 45480.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4430.0000 Square Feet
  • Net Operating Income: 40480.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes
  • Total Expenses: 9821.00

Tax Info

  • New Taxes Expense: 6204.00
  • Tax Census Tract: 5752.02
  • Tax Lot: 52
  • Tax Tract Number: 3883
  • TaxOtherAnnualAssessmentAmount: 741.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2022
Closed on
Feb 8, 2022
Sold by
Saepour and Ploenphit
Bought by
Yaminesfandiary Neemah
Seller's Agent
Nira Tea
Nira Realty and Services
Buyer's Agent
Nira Tea
Nira Realty and Services
List Price
$950,000
Sold Price
$920,000
Premium/Discount to List
-$30,000
-3.16%
Current Estimated Value
$1,026,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,796
Avg. Annual Appreciation
2.89%
Original Mortgage
$690,000
Outstanding Balance
$640,717
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$386,079

Purchase Details

Closed on
Apr 4, 2009
Sold by
Aurora Loan Services Llc
Bought by
Saepour Sunti and Srinoraphan Ploenphit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Demola Marcano Angela
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co

Purchase Details

Closed on
Oct 14, 2005
Sold by
Bugarin Paul L
Bought by
Demola Marcano Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,920
Interest Rate
2.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 20, 2004
Sold by
Szawlowski Matthew W
Bought by
Bugarin Paul L and Bugarin Denise R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Franklin Credit Management Corp
Bought by
Szalowski Matthew W and Szawloski Pilar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,900
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Gray Brandynn
Bought by
Franklin Credit Management Corp

Purchase Details

Closed on
Dec 28, 2000
Sold by
Drm Enterprises Inc
Bought by
Gray Brandynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
10.25%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Baig Mirza A
Bought by
Drm Enterprises Inc

Purchase Details

Closed on
Jul 10, 1998
Sold by
Ali Victor
Bought by
Phns Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
12.5%

Purchase Details

Closed on
Jul 7, 1998
Sold by
Phns Inc
Bought by
Baig Mirza A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
12.5%

Purchase Details

Closed on
Mar 1, 1996
Sold by
Ali Candace S
Bought by
Ali Victor

Purchase Details

Closed on
Sep 21, 1994
Sold by
State Street Bank & Trust Company
Bought by
Ali Victor and Ali Candace S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,250
Interest Rate
8.81%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1993
Sold by
Professional Foreclosure Corp
Bought by
State Street Bank & Trust Company
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
Yaminesfandiary Neemah $920,000 Old Republic Title
Saepour Sunti $385,000 Lsi Title Company Ca
Aurora Loan Services Llc -- Lsi Title Agency Inc
Deutsche Bank Trust Co Americas $647,051 Lsi Title Fnds Division
Demola Marcano Angela $730,000 Fidelity National Title Comp
Demola Marcano Angela -- Fidelity National Title Comp
Bugarin Paul L $625,000 Fidelity National Title Co L
Szalowski Matthew W $321,000 Chicago Title Co
Franklin Credit Management Corp $229,621 American Title
Gray Brandynn $260,000 Fidelity National Title Co
Drm Enterprises Inc $170,000 Fidelity National Title
Phns Inc $160,000 --
Baig Mirza A $270,000 Equity Title
Ali Victor -- --
Ali Victor $97,000 First American Title Company
State Street Bank & Trust Company $175,500 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yaminesfandiary Neemah $690,000
Previous Owner Saepour Sunti $269,500
Previous Owner Demola Marcano Angela $583,920
Previous Owner Bugarin Paul L $500,000
Previous Owner Szalowski Matthew W $288,900
Previous Owner Gray Brandynn $247,000
Previous Owner Baig Mirza A $202,500
Previous Owner Ali Victor $159,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2022 02/23/22 Sold $920,000 -3.2% $325 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $950,000 -- $336 / 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 $12,709 $976,311 $663,255 $313,056
2024 $12,709 $957,168 $650,250 $306,918
2023 $12,493 $938,400 $637,500 $300,900
2022 $6,347 $467,179 $242,691 $224,488
2021 $6,204 $458,020 $237,933 $220,087
2019 $6,116 $444,857 $230,877 $213,980
2018 $5,899 $436,143 $226,350 $209,793
2016 $5,424 $418,805 $217,561 $201,244
2015 $5,215 $412,516 $214,294 $198,222
2014 $5,196 $404,437 $210,097 $194,340
Source: Public Records

Agents Affiliated with this Home

  • Nira Tea

    Seller's Agent in 2022

    Nira Tea

    Nira Realty and Services

    (661) 972-6402

    1 in this area

    18 Total Sales

    Nira Tea
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22009151

California Regional Multiple Listing Service (CRMLS)

APN: 7261-014-022

California Los Angeles County Long Beach 90813 Cambodia Town

1609 E 14th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes