Seller's Agent in 2021
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
1 in this area
94 Total Sales
164 E Eagle St Unit S14 Long Beach, CA 90806
Southeast Wrigley NeighborhoodEstimated Value: $1,142,000 - $1,762,965
12
Beds
4
Baths
4,032
Sq Ft
$374/Sq Ft
Est. Value
Highlights
- Property is near a park
- Park
- Bike Trail
- Long Beach Polytechnic High School Rated A
- Laundry Room
- Rectangular Lot
About This Home
As of November 2021There are a ton of great income properties out there, but the income of 126 E. Eagle soars high above the rest. This 4-unit building has one of the highest income potentials of any small apartment building on the market, generating over $115,000 annually . The property has a great unit composition of four 3 Bedroom / 1 Bathroom units, each with over 1,000 SF. Eliminate the stress of whether the tenants are going to pay their rent, as these rents are guaranteed by the Housing Authority of Long Beach, who routinely inspects to ensure the property is being cared for.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. License #01417642 Listed on: 07/16/2021
Co-Listed By
Caleb Baldwin
INTI Realty License #02056751
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1905
Lot Details
- 4,099 Sq Ft Lot
- Two or More Common Walls
- Rural Setting
- Rectangular Lot
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 4,032 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Bathrooms
Outdoor Features
- Exterior Lighting
Location
- Property is near a park
- Urban Location
Utilities
- Underground Utilities
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 8 / C
- Tax Tract Number 3572
- Assessor Parcel Number 7208014009
Community Details
Overview
- 4 Units
- Wrigley Area Subdivision
Amenities
- Laundry Facilities
Recreation
- Park
- Bike Trail
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,400
- Maintenance Expense $2,400
- Other Expense $224
- Professional Management Expense $7,056
- Trash Expense $1,200
- Water Sewer Expense $1,500
- New Taxes Expense $20,000
- Operating Expense $35,280
- Gross Income $117,600
- Net Operating Income $88,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2021
Closed on
Nov 8, 2021
Sold by
Mercurius Winston Gordon
Bought by
Michael Greenberg Living Trust and Greenberg
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Tammie Holley
Gibson Realty
List Price
$1,600,000
Sold Price
$1,525,000
Premium/Discount to List
-$75,000
-4.69%
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
-$17,759
Avg. Annual Appreciation
-0.29%
Original Mortgage
$997,500
Outstanding Balance
$912,114
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$595,127
Purchase Details
Closed on
Feb 6, 2020
Sold by
Mercurius Winston Gordon and Ever So Much Inc
Bought by
Mercurius Winston Gordon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$885,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 21, 2008
Sold by
Mercurius Winston
Bought by
Ever So Much Inc
Purchase Details
Closed on
Feb 14, 2006
Sold by
Morrison Phillip and Morrison Tina L
Bought by
Mercurius Winston
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 24, 2004
Sold by
Turner Leon
Bought by
Morrison Phillip and Morrison Tina L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 5, 2002
Sold by
Turner Alecia F
Bought by
Turner Leon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.51%
Purchase Details
Closed on
Dec 16, 1999
Sold by
Turner Leon F
Bought by
Turner Alecia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,465
Interest Rate
7.84%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 20, 1999
Sold by
Center For Life Enrichment Inc
Bought by
Turner Alecia F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,465
Interest Rate
7.84%
Mortgage Type
FHA
Purchase Details
Closed on
May 26, 1998
Sold by
Finzi David F
Bought by
Christian Outreach Appeal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
May 8, 1998
Sold by
Pinto Mercedes Delcarmen
Bought by
Wilshire Funding Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,800
Interest Rate
7.13%
Mortgage Type
FHA
Purchase Details
Closed on
May 14, 1997
Sold by
Snyder J Patrick and Snyder Teri
Bought by
Rodriguez Adolfo and South Central Investments
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,218
Interest Rate
8.14%
Mortgage Type
FHA
Purchase Details
Closed on
May 5, 1997
Sold by
Rodriguez Adolfo and South Central Investments
Bought by
Pinto Mercedes Delcarmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,218
Interest Rate
8.14%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 11, 1994
Sold by
Saunders Freda M
Bought by
Snyder J Patrick and Snyder Teri
Purchase Details
Closed on
Feb 8, 1994
Sold by
Foreclosure Consultants Inc
Bought by
Saunders Freda M
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 |
|---|---|---|---|
| Michael Greenberg Living Trust | $1,525,000 | Endpoint Title | |
| Mercurius Winston Gordon | -- | Amrock Inc | |
| Ever So Much Inc | -- | Orange Coast Title Company | |
| Mercurius Winston | $830,000 | Progressive Title | |
| Morrison Phillip | $680,000 | Natc | |
| Turner Leon | -- | -- | |
| Turner Alecia F | -- | Benefit Land Title Company | |
| Turner Alecia F | $330,000 | Benefit Land Title Company | |
| Center For Life Enrichment Inc | -- | Benefit Land Title Company | |
| Christian Outreach Appeal | $170,000 | Benefit Land Title Company | |
| Finzi David B | $133,000 | Benefit Land Title Company | |
| Wilshire Funding Corp | $135,000 | Benefit Land Title Ins Co | |
| Rodriguez Adolfo | $117,000 | Commonwealth Land Title Co | |
| Pinto Mercedes Delcarmen | $310,000 | Commonwealth Land Title Co | |
| Snyder J Patrick | $20,500 | Stewart Title | |
| Saunders Freda M | $104,751 | Benefit Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Michael Greenberg Living Trust | $997,500 | |
| Previous Owner | Mercurius Winston Gordon | $885,000 | |
| Previous Owner | Mercurius Winston | $622,500 | |
| Previous Owner | Morrison Phillip | $544,000 | |
| Previous Owner | Turner Leon | $500,000 | |
| Previous Owner | Turner Alecia F | $307,465 | |
| Previous Owner | Christian Outreach Appeal | $284,800 | |
| Previous Owner | Pinto Mercedes Delcarmen | $296,218 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2021 11/22/21 | Sold | $1,525,000 | -4.7% | $378 / Sq Ft |
| 07/16/2021 07/16/21 | For Sale | $1,600,000 | -- | $397 / 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 | $21,506 | $1,618,341 | $636,724 | $981,617 |
| 2024 | $20,571 | $1,586,610 | $624,240 | $962,370 |
| 2023 | $20,227 | $1,555,500 | $612,000 | $943,500 |
| 2022 | $18,980 | $1,525,000 | $600,000 | $925,000 |
| 2021 | $12,828 | $1,010,360 | $606,216 | $404,144 |
| 2020 | $12,446 | $971,601 | $598,730 | $372,871 |
| 2019 | $12,301 | $952,563 | $586,991 | $365,572 |
| 2018 | $10,969 | $850,600 | $524,100 | $326,500 |
| 2016 | $8,495 | $680,000 | $419,300 | $260,700 |
| 2015 | $8,275 | $680,000 | $419,300 | $260,700 |
| 2014 | $7,356 | $590,000 | $363,800 | $226,200 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
-
C
Seller Co-Listing Agent in 2021
Caleb Baldwin
INTI Realty
-
Tammie Holley
T
Buyer's Agent in 2021
Tammie Holley
Gibson Realty
(714) 827-2150
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21155480
APN: 7208-014-009
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