NOT LISTED FOR SALE

1619 E 14th St Long Beach, CA 90813

Cambodia Town Neighborhood

Estimated Value: $922,000 - $1,298,000

2 Beds
1 Bath
2,830 Sq Ft
$380/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $422,222 $149 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $6,353/month

21 Days on Market

Highlights

  • Traditional Architecture
  • Long Beach Polytechnic High School Rated A
  • No Heating

About This Home

As of December 2012

***FOURPLEX IN POLY HIGH AREA OF LONG BEACH*** This fourplex consists of four 2 bedrooms, 1 bathroom. Two of the units are down stairs and two are upstairs. All units have similar floor plans: Living/dining room entry; kitchen with formica countertops, sink; main hallway in the units afford for access to both bedrooms and 1 full bathroom. Rent's are for example purposes only and are pulled from section 8 numbers. There are four single car detached garages as well. DON'T MISS OUT ON THIS GREAT OPPORTUNITY!!!

Last Agent to Sell the Property

Laura Roman

Boardwalk Properties License #00458210 Listed on: 11/27/2012

Last Buyer's Agent

Andy Carter

Fiv Realty Co License #01907002

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,344

Parking

  • 4 Car Garage

Home Design

  • 2,830 Sq Ft Home
  • Traditional Architecture
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • 4,344 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 7261014021

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,180
  • Gross Income $5,876
  • Net Operating Income $52,884

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 13.92
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7261014021
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 149.20

Exterior Features

  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4344.00
  • Lot Size Acres: 0.1000

Multi Family

  • Gross Income: 5876.00
  • Gross Multiplier: 5.39
  • Gross Scheduled Income: 70512.00
  • Net Operating Income: 52884.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17628.00

Tax Info

  • New Taxes Expense: 4180.00
  • Tax Area: 5500
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2018
Sold by
Evans Miles A
Bought by
Shylo Investments Llc
Current Estimated Value
$1,076,694

Purchase Details

Closed on
Mar 29, 2013
Sold by
Elre Holdings Llc
Bought by
Evans Milesa and Evans Rosemary Tucciarone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2012
Closed on
Dec 19, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Elre Holdings Llc
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Andy Carter
Fiv Realty Co
List Price
$380,000
Sold Price
$422,222
Premium/Discount to List
$42,222
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Aug 29, 2011
Sold by
Nwankwo Carmen Isabella
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 5, 2007
Sold by
Nwankwo Carmen Isabella
Bought by
Nwankwo Joseph and Nwankwo Carmen Isabella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2001
Sold by
Hud
Bought by
Nwankwo Carmen Isabella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.63%

Purchase Details

Closed on
Dec 8, 1999
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jul 21, 1997
Sold by
Ciprus Kip C
Bought by
Cervantes Jose R and Hernandez Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,850
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 1997
Sold by
Sambo Pen and Sambo Setha Ly
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,500
Interest Rate
7.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shylo Investments Llc -- None Available
Evans Milesa $515,000 Ticor Title Company
Elre Holdings Llc $422,500 Lsi Title Company Inc
Deutsche Bank National Trust Company $330,750 Landsafe Title
Nwankwo Joseph -- Southland Title Corporation
Nwankwo Carmen Isabella $175,000 Ticor Title
Nwankwo Carmen Isabella -- Ticor Title
Hud -- Stewart Title
First Nationwide Mtg Corp $265,512 --
Cervantes Jose R $259,000 Southland Title Corporation
Cyprus Kip C $105,000 Investors Title Company
Cyprus Kip C -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Evans Milesa $360,500
Previous Owner Nwankwo Joseph $112,000
Previous Owner Nwankwo Carmen Isabella $185,000
Previous Owner Cervantes Jose R $248,850
Previous Owner Cyprus Kip C $113,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $422,222 +11.1% $149 / Sq Ft
12/18/2012 12/18/12 Pending -- -- --
11/27/2012 11/27/12 For Sale $380,000 -- $134 / 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 $8,539 $634,174 $369,423 $264,751
2024 $8,539 $621,740 $362,180 $259,560
2023 $8,391 $609,550 $355,079 $254,471
2022 $7,888 $597,599 $348,117 $249,482
2021 $7,717 $585,883 $341,292 $244,591
2019 $7,607 $568,508 $331,170 $237,338
2018 $7,362 $557,362 $324,677 $232,685
2016 $6,771 $535,720 $312,070 $223,650
2015 $6,506 $527,674 $307,383 $220,291
2014 $6,475 $517,338 $301,362 $215,976
Source: Public Records

Agents Affiliated with this Home

  • Laura Roman

    Seller's Agent in 2012

    Laura Roman

    Boardwalk Properties

    (562) 209-3645

    38 Total Sales

    Section Image
  • Andy Carter

    Buyer's Agent in 2012

    Andy Carter

    Fiv Realty Co

    (818) 437-9152

    130 Total Sales

    Andy Carter
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P842063

California Regional Multiple Listing Service (CRMLS)

APN: 7261-014-021

California Los Angeles County Long Beach 90813 Cambodia Town

1619 E 14th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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