E
Seller's Agent in 2022
Elena Zhurbenko
Berkshire Hathaway H.S.C.P.
1635 E 53rd St Long Beach, CA 90805
Lindbergh NeighborhoodEstimated Value: $931,000 - $1,033,778
3
Beds
3
Baths
1,752
Sq Ft
$562/Sq Ft
Est. Value
Highlights
- Granite Countertops
- Neighborhood Views
- Storage
- No HOA
- Laundry Room
- 2-minute walk to Jackson Park
About This Home
As of February 2022A Great Investment Opportunity. This Well Maintain Triplex has Three Tudor style Buildings on a Lot Located in a Quiet Neighborhood . Low operating expances with upside in rents and long term tenants. No vacancy rate! Low utility bill on average of $68/ month. Front Home Features 1 Bedroom, 1 Bath and has been Beautifully Upgraded , Washer & Dryer hook ups, Includes 2 Driveway Parking spaces, Front Yard and Beautiful front porch. All Three Units are 1 Bedroom, 1 Bathroom with washer and dryer hook ups , upgrated in 2017, Separately Metered for Electrical and Gas, coper plumbing and new wirering. Backyard and Side-yard for the Rear Units . Middle unit has 1 car garage. Rear unit has 1 car garage plus 1 parking space, currently used as outdoor entertaining space. Minutes to Downtown Long Beach, Local Beaches, Close to all Major Freeways the 405, 91, and 710 , Location near Schools, Parks, Bixby Knolls, Restaurants, Medical Facilities, Shopping, just a short commute to Long Beach Waterfront, The Queen Mary, and Shoreline Village. The triplex was built in 1941 and consists of 1,752 SF of living space situated on a 6,610 SF lot . Potencial of increasing income with an ADU! One of the strongest rental markets in California - this is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low and increase a unit portfolio.
Last Agent to Sell the Property
Elena Zhurbenko
Berkshire Hathaway H.S.C.P. License #01996696 Listed on: 12/29/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,265
Year Built
- Built in 1941
Lot Details
- 6,610 Sq Ft Lot
- No Common Walls
- Wood Fence
- Block Wall Fence
- Density is 2-5 Units/Acre
Parking
- 3 Open Parking Spaces
- 2 Car Garage
Home Design
- Triplex
- Raised Foundation
- Slab Foundation
- Shingle Roof
- Composition Roof
- Copper Plumbing
Interior Spaces
- 1,752 Sq Ft Home
- 1-Story Property
- Storage
- Laundry Room
- Neighborhood Views
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Accessible Home Design
- Accessible Parking
Utilities
- Wall Furnace
- Natural Gas Connected
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, sewer, trash collection
- Tax Lot 139
- Assessor Parcel Number 7129005021
- $582 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
- Cherry Manor Subdivision
Building Details
- 1 Leased Unit
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,968
- Maintenance Expense $2,400
- Water Sewer Expense $900
- New Taxes Expense $7,274
- Operating Expense $12,542
- Gross Income $62,000
- Net Operating Income $42,058
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2017
Closed on
Apr 20, 2017
Sold by
Chacon Josefina
Bought by
Solis Manuel Antonio Chacon
Seller's Agent
Matthew Beatty
Keller Williams Pacific Estate
Buyer's Agent
Jesse Rubalcava
J. Rubalcava & Associates
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
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
$446,128
Avg. Annual Appreciation
7.91%
Original Mortgage
$393,750
Outstanding Balance
$328,612
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$656,333
Purchase Details
Listed on
Mar 22, 2017
Closed on
Mar 30, 2017
Sold by
Gordon Teresa and The Helma I Huff Living Trust
Bought by
Solis Manuel Antonio Chacon
Seller's Agent
Matthew Beatty
Keller Williams Pacific Estate
Buyer's Agent
Jesse Rubalcava
J. Rubalcava & Associates
List Price
$499,000
Sold Price
$525,000
Premium/Discount to List
$26,000
5.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$328,612
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$656,333
Purchase Details
Closed on
Jul 25, 1995
Sold by
Huff Thelma I
Bought by
Huff Thelma I and The Thelma I Huff Living Trust
Purchase Details
Closed on
Mar 2, 1995
Sold by
Palencia Pedro L and Palencia Felicitas
Bought by
Huff Thelma I
Purchase Details
Closed on
Nov 4, 1993
Sold by
Palencia Pedro L and Palencia Felicitas
Bought by
Palencia Pedro L and Palencia Felicitas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.85%
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 |
|---|---|---|---|
| Solis Manuel Antonio Chacon | -- | None Available | |
| Solis Manuel Antonio Chacon | $525,000 | None Available | |
| Huff Thelma I | -- | -- | |
| Huff Thelma I | -- | South Coast Title | |
| Palencia Pedro L | -- | World Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Solis Manuel Antonio Chacon | $393,750 | |
| Previous Owner | Palencia Pedro L | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2022 02/25/22 | Sold | $900,000 | +1.1% | $514 / Sq Ft |
| 02/23/2022 02/23/22 | Price Changed | $890,000 | 0.0% | $508 / Sq Ft |
| 01/13/2022 01/13/22 | Pending | -- | -- | -- |
| 12/29/2021 12/29/21 | For Sale | $890,000 | +69.5% | $508 / Sq Ft |
| 05/08/2017 05/08/17 | Sold | $525,000 | +5.2% | $300 / Sq Ft |
| 03/30/2017 03/30/17 | Pending | -- | -- | -- |
| 03/22/2017 03/22/17 | For Sale | $499,000 | -- | $285 / 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 |
|---|---|---|---|---|
| 2025 | $12,265 | $955,087 | $424,483 | $530,604 |
| 2024 | $12,265 | $936,360 | $416,160 | $520,200 |
| 2023 | $12,058 | $918,000 | $408,000 | $510,000 |
| 2022 | $7,445 | $574,161 | $328,093 | $246,068 |
| 2021 | $7,292 | $562,904 | $321,660 | $241,244 |
| 2020 | $7,274 | $557,493 | $318,362 | $239,131 |
| 2019 | $7,189 | $546,570 | $312,120 | $234,450 |
| 2018 | $6,945 | $535,860 | $306,000 | $229,860 |
| 2016 | $3,373 | $253,355 | $113,504 | $139,851 |
| 2015 | $3,245 | $249,551 | $111,800 | $137,751 |
| 2014 | $3,239 | $244,663 | $109,610 | $135,053 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Gerald J. Ruiz
Think Boutiq Real Estate
(714) 616-9655
1 in this area
32 Total Sales
-
G
Buyer's Agent in 2022
Gerald Ruiz
Keller Williams Pacific Estate
(562) 261-0900
1 in this area
14 Total Sales
-
M
Seller's Agent in 2017
Matthew Beatty
Keller Williams Pacific Estate
(562) 256-4914
20 Total Sales
-
J
Buyer's Agent in 2017
Jesse Rubalcava
J. Rubalcava & Associates
(562) 278-5380
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21269826
APN: 7129-005-021
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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
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