NOT LISTED FOR SALE

Estimated Value: $1,223,000 - $1,621,000

4 Beds
4 Baths
3,330 Sq Ft
$426/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $1,274,000 $383 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,692/month

82 Days on Market

Highlights

  • Golf Course Community
  • Hiking Trails
  • Laundry Room
  • Longfellow Elementary School Rated A-
  • Park
  • 2-minute walk to Somerset Park

About This Home

As of November 2022

Beautiful Remodeled Triplex ready for a family to make their own!

This stunning triplex comes with a move-in ready two bedroom and two bath town-house complete with private garage, washer and dryer, private patio, and a additional baby room/den. Located Seconds from Somerset Park, and located in the A+ location of Bixby Knolls, This townhouse is the perfect home for any young couple looking to start a family or that has young kids. Added to this list is Long Beach's award winning schools. This is truly a one-of-a-kind property with everything you can ask for.

1610 E Carson St is a perfect opportunity for an owner/user looking to live in one of the units and let the other tenants pay their mortgage. With 3,330 SF of living space, 1610 E Carson St is a oversized triplex comprised of a 2Bed+2Bath town-home with private patios, deck, laundry, and garage and (2) 1Bed+1Bath units all with their own private patios. The townhouse and the (1)Bed+(1)Bath units have been fully remodeled, leaving nothing untouched including flooring, countertops, cabinets, paint, fixtures and dishwashers. The 2Bed/2Bath owner's unit is a townhouse style two story home with both bedrooms upstairs, and an office/dining/baby room area downstairs. The unit also features a large private patio. Located just steps away from beautiful Somerset Park! With a walk score of 76, this triplex is situated in a "very walkable" area of Long Beach.

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 07/14/2022

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Stephanie Trevizo

Compass License #02013528

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 6,736 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 3,330 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 2 / A
  • Tax Tract Number 11222
  • Assessor Parcel Number 7137014002

Community Details

Overview

  • 3 Units

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $21,429
  • Gross Income $77,076
  • Net Operating Income $53,335

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • CapRate: 4.14
  • Property Attached: Yes
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Parcel Number: 7137014002
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 382.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking, Park, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6736.00
  • Lot Size Acres: 0.1546

Multi Family

  • Gross Income: 77076.00
  • Gross Multiplier: 16.72
  • Gross Scheduled Income: 77076.00
  • Lot Size Area: 6736.0000 Square Feet
  • Net Operating Income: 53335.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 21429.00
  • Rent Control: Yes
  • Total Expenses: 21429.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5719.00
  • Tax Lot: 2
  • Tax Tract Number: 11222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 19, 2022
Sold by
Ahluwalia Revocable Living Trust
Bought by
Son Nguyen Do Revocable Trust
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Stephanie Trevizo
Compass
List Price
$1,425,000
Sold Price
$1,274,000
Premium/Discount to List
-$151,000
-10.6%
Views
11
Current Estimated Value
$1,390,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,080
Avg. Annual Appreciation
3.45%
Original Mortgage
$254,000
Outstanding Balance
$243,551
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$1,175,978
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Son Nguyen Do Revocable Trust $1,274,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Son Nguyen Do Revocable Trust $254,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/17/2022 11/17/22 Sold $1,274,000 0.0% $383 / Sq Ft
10/20/2022 10/20/22 Sold $1,274,000 -1.2% $383 / Sq Ft View Prior Sale
08/17/2022 08/17/22 Price Changed $1,289,000 0.0% $387 / Sq Ft
08/17/2022 08/17/22 For Sale $1,289,000 -6.3% $387 / Sq Ft
07/27/2022 07/27/22 Price Changed $1,375,000 -3.5% $413 / Sq Ft
07/14/2022 07/14/22 For Sale $1,425,000 +74.4% $428 / Sq Ft
03/11/2021 03/11/21 Sold $817,050 -9.2% $245 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
01/25/2021 01/25/21 Price Changed $899,500 -10.0% $270 / Sq Ft
01/06/2021 01/06/21 Price Changed $999,500 -11.2% $300 / Sq Ft
11/19/2020 11/19/20 For Sale $1,125,000 -- $338 / 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 $16,896 $1,325,469 $884,340 $441,129
2024 $16,896 $1,299,480 $867,000 $432,480
2023 $16,615 $1,274,000 $850,000 $424,000
2022 $10,659 $833,850 $510,000 $323,850
2021 $7,152 $541,545 $216,616 $324,929
2020 $7,133 $535,993 $214,395 $321,598
2019 $7,051 $525,485 $210,192 $315,293
2018 $6,788 $515,182 $206,071 $309,111
2016 $6,233 $495,178 $198,070 $297,108
2015 $5,989 $487,741 $195,095 $292,646
2014 $5,959 $478,188 $191,274 $286,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22153599

California Regional Multiple Listing Service (CRMLS)

APN: 7137-014-002