Seller's Agent in 2024
Art Rivera
Berkshire Hathaway HomeService
(949) 230-8303
1 in this area
30 Total Sales
1622 E 63rd St Long Beach, CA 90805
Nehyam NeighborhoodEstimated Value: $838,000 - $884,000
6
Beds
6
Baths
2,028
Sq Ft
$425/Sq Ft
Est. Value
Highlights
- No Units Above
- No HOA
- Laundry Room
- Traditional Architecture
- Built-In Features
- Block Wall Fence
About This Home
As of September 2024Opportunity knocks to get into entry level income producing Tri-plex . All 1BR-1Bath units no one above or below and all having single enclosed garage .
all units have separate electric and gas meters.. Located on tree lined street , close to local shopping . easy access to 91,710 & 405 freeway . front and middle unit have been remodeled with newer kitchens flooring and Baths . Property being sold in it's " as is " condition . Please drive by only .... do not walk premises.
Last Agent to Sell the Property
Berkshire Hathaway HomeService Brokerage Phone: 949.230.8303 License #00497094 Listed on: 09/04/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,282
Year Built
- Built in 1949
Lot Details
- 5,114 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Block Wall Fence
- Level Lot
- Front Yard
Parking
- 3 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Triplex
- Traditional Architecture
- Entry on the 1st floor
- Interior Block Wall
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,028 Sq Ft Home
- 1-Story Property
- Built-In Features
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Dryer
Utilities
- Wall Furnace
- Standard Electricity
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 4
- Tax Tract Number 7785
- Assessor Parcel Number 7118006004
- $380 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- North Long Beach Subdivision
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,300
- Trash Expense $300
- Water Sewer Expense $320
- Operating Expense $2,800
- Net Operating Income $42,798
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2024
Closed on
Sep 20, 2024
Sold by
Nassab Cynthia Marie
Bought by
Lewis Nathaniel
Seller's Agent
Art Rivera
Berkshire Hathaway HomeService
Buyer's Agent
Michael Miller
Next Brokerage
List Price
$829,900
Sold Price
$830,000
Premium/Discount to List
$100
0.01%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,812
Avg. Annual Appreciation
3.68%
Purchase Details
Closed on
Jun 17, 2016
Sold by
Nassab Fred
Bought by
Nassab Cynthia Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 13, 2015
Sold by
Nassab Fred
Bought by
Nassab Fred and Nassab Cynthia Marie
Purchase Details
Closed on
May 30, 2003
Sold by
Nassab Fred
Bought by
Nassab Fred and Nassab Cynthia Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 16, 2003
Sold by
Rlj Capital Investment Partnership Lp
Bought by
Nassab Fred
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 31, 1998
Sold by
Lokey John R Co Tr Lokey Trust
Bought by
Rlj Capital Investment Partnership Lp
Purchase Details
Closed on
Dec 10, 1998
Sold by
Lokey John R Co Tr Lokey Trust
Bought by
Lokey John R and John R Lokey Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lewis Nathaniel | $830,000 | Lawyers Title Company | |
| Nassab Cynthia Marie | -- | Western Resources Title | |
| Nassab Fred | -- | Western Resources Title | |
| Nassab Fred | -- | Western Resources Title Co | |
| Nassab Fred | -- | -- | |
| Nassab Fred | -- | First Southwestern Title Co | |
| Nassab Fred | $263,000 | First Southwestern Title Co | |
| Rlj Capital Investment Partnership Lp | -- | -- | |
| Rlj Capital Investment Partnership Lp | -- | -- | |
| Lokey John R | -- | -- | |
| Lokey John R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Nassab Cynthia Marie | $267,000 | |
| Previous Owner | Nassab Fred | $210,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2024 09/30/24 | Sold | $830,000 | 0.0% | $409 / Sq Ft |
| 09/26/2024 09/26/24 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | For Sale | $829,900 | 0.0% | $409 / Sq Ft |
| 07/01/2019 07/01/19 | Rented | $1,550 | 0.0% | -- |
| 06/25/2019 06/25/19 | Price Changed | $1,550 | +3.3% | $2 / Sq Ft |
| 06/21/2019 06/21/19 | For Rent | $1,500 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $5,282 | $830,000 | $330,000 | $500,000 |
| 2024 | $5,282 | $373,423 | $227,179 | $146,244 |
| 2023 | $5,190 | $366,102 | $222,725 | $143,377 |
| 2022 | $4,884 | $358,924 | $218,358 | $140,566 |
| 2021 | $4,775 | $351,887 | $214,077 | $137,810 |
| 2019 | $4,708 | $341,851 | $207,728 | $134,123 |
| 2018 | $4,528 | $335,156 | $203,655 | $131,501 |
| 2016 | $4,166 | $321,759 | $195,748 | $126,011 |
| 2015 | $4,006 | $316,927 | $192,808 | $124,119 |
| 2014 | $3,992 | $310,720 | $189,032 | $121,688 |
Source: Public Records
Agents Affiliated with this Home
-
Art Rivera
-
Michael Miller
Buyer's Agent in 2024
Michael Miller
Next Brokerage
(323) 839-8302
1 in this area
4 Total Sales
-
Ikumi Baker
Seller's Agent in 2019
Ikumi Baker
Remco - A. R. E. & Mgmt. Co.
(562) 310-0490
1 in this area
34 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24182540
APN: 7118-006-004
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