NOT LISTED FOR SALE

1616 W 20th St Long Beach, CA 90810

Lower Westside Neighborhood

Estimated Value: $756,000 - $878,240

3 Beds
2 Baths
2,376 Sq Ft
$347/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $576,000 $242 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,163/month

132 Days on Market

About This Home

As of June 2019

Triplex building of 2,376 SF built in 1953 sits on a 5,835 SF lot. 2 one bedroom /1 bath units, 1 two bedroom / 1 bath unit. 3 single car garages. Gas and electric are separately metered. Long term tenants with rents below current market rates. Property is zoned LBR2N and located north of Pacific Coast Highway and west of the 710 freeway.

Last Agent to Sell the Property

Frank Sciotto

Integrated Capital Solutions License #01190420 Listed on: 10/31/2018

Last Buyer's Agent

Johnny Chacon

Buckingham Investments, Inc License #01966177

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,528

Year Built

  • Built in 1953

Lot Details

  • 5,835 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 2,376 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 11 / 16
  • Tax Tract Number 1833
  • Assessor Parcel Number 7431019008

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $60
  • Insurance Expense $1,147
  • Water Sewer Expense $1,500
  • New Taxes Expense $6,863
  • Operating Expense $3,757
  • Gross Income $45,600
  • Net Operating Income $29,843

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,528

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Westside/South of Willow (WSW)
  • Water Sewer Expenses: 1500.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7431019008
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 242.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5835.00
  • Lot Size Acres: 0.1340

Multi Family

  • Electric Expense: 60.00
  • Gross Income: 45600.00
  • Gross Multiplier: 16.33
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1147.00
  • Lot Size Area: 5835.0000 Square Feet
  • Net Operating Income: 29843.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 3757.00
  • Rent Control: No
  • Total Actual Rent: 2800.00
  • Total Expenses: 3757.00

Tax Info

  • New Taxes Expense: 6863.00
  • Tax Block: 16
  • Tax Census Tract: 5729.00
  • Tax Lot: 11
  • Tax Tract Number: 1833

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2019
Sold by
Magee Kent and Magee Andre
Bought by
Casillas Maurilio and Godoy Elvia
Current Estimated Value
$823,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2000
Sold by
Magee Fessie
Bought by
Magee Fessie and Magee Kent
Source: Public Records

Range of Values:

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
Casillas Maurilio $576,000 Usa National Title Co
Magee Fessie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casillas Maurilio $432,000
Previous Owner Magee Fessie $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2019 06/14/19 Sold $576,000 +4.9% $242 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $549,000 -4.7% $231 / Sq Ft
11/06/2018 11/06/18 Off Market $576,000 -- --
11/06/2018 11/06/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $549,000 -- $231 / 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 $8,528 $642,534 $446,205 $196,329
2024 $8,528 $629,936 $437,456 $192,480
2023 $8,384 $617,585 $428,879 $188,706
2022 $7,880 $605,476 $420,470 $185,006
2021 $7,717 $593,605 $412,226 $181,379
2020 $7,696 $587,940 $408,000 $179,940
2019 $1,300 $55,083 $20,409 $34,674
2018 $1,159 $54,012 $20,009 $34,003
2016 $1,061 $51,513 $19,233 $32,280
2015 $1,031 $50,741 $18,945 $31,796
2014 $1,044 $49,748 $18,574 $31,174
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Frank Sciotto

    Integrated Capital Solutions

    (562) 889-2759

    Frank Sciotto
    Section Image
  • Johnny Chacon

    Buyer's Agent in 2019

    Johnny Chacon

    Buckingham Investments, Inc

    (310) 982-7055

    11 Total Sales

    Johnny Chacon
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18265365

California Regional Multiple Listing Service (CRMLS)

APN: 7431-019-008

California Los Angeles County Long Beach 90810 Lower Westside

1616 W 20th St, Long Beach, CA

This home is located at 1616 W 20th St, Long Beach, CA 90810 since 31 October 2018 and is currently estimated at $823,560, approximately $346 per square foot. This property was built in 1953. 1616 W 20th St is a home located in Los Angeles County with nearby schools including Garfield Elementary School, Juan Rodriguez Cabrillo High School, and We the People High School.

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