1616 W 20th St Long Beach, CA 90810
Lower Westside NeighborhoodEstimated Value: $786,000 - $921,000
3
Beds
2
Baths
2,376
Sq Ft
$355/Sq Ft
Est. Value
About This Home
As of June 2019Triplex 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
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
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
Total Days on Market
132
Current Estimated Value
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
Similar Homes in Long Beach, CA
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Home Values in the Area
Average Home Value in this Area
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
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 |
|---|---|---|---|---|
| 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
-
Johnny Chacon
Buyer's Agent in 2019
Johnny Chacon
Buckingham Investments, Inc
(310) 982-7055
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18265365
APN: 7431-019-008
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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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