NOT LISTED FOR SALE

1640 E Florida St Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $1,285,000 - $1,703,000

4 Beds
4 Baths
3,648 Sq Ft
$414/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $413,000 $113 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $8,503/month

14 Days on Market

About This Home

As of July 2012

Take advantage of this opportunity! This is a great looking 4-plex located on a quiet street . Two units are 2 bed/ 1 bath and the other two are 1 bed / 1 bath. Units show well with mixed tile and hardwood flooring, these units will not last, close to Downtown Long Beach shops and dining. Buyer to verify all information and rely on their own findings. Bank of America, N.A. employees and employees' household members (including persons deriving their primary means of financial support from a Bank employee) and business partners of the Bank are prohibited from purchasing this property, whether directly or indirectly.Agents please see remarks!

Last Agent to Sell the Property

Andrew Storey

Andrew Storey License #01834504 Listed on: 04/02/2012

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,770 Sq Ft Lot

Home Design

  • 3,648 Sq Ft Home
  • Quadruplex

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7275-015-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3648
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 110.68

Exterior Features

  • Pool: No

Lot Info

  • Assessed Improvement Value: 163763
  • Assessed Land Value: 134555
  • Assessor Parcel Number: 7275-015-028
  • Lot Size Area: 2770

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: 4-Plex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Thanh Nguyen Tu Anh
Bought by
Tu Anh Thanh Nguyen Trust
Current Estimated Value
$1,511,333

Purchase Details

Closed on
Aug 13, 2013
Sold by
Nguyen Tu Anh Thanh
Bought by
Nguyen Tu Anh Thanh and Ng Pei Suen

Purchase Details

Listed on
Apr 2, 2012
Closed on
Jun 20, 2012
Sold by
Ng Pei Suen
Bought by
Nguyen Tu Anh Thanh
Seller's Agent
Andrew Storey
Andrew Storey
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$429,900
Sold Price
$413,000
Premium/Discount to List
-$16,900
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$309,750
Interest Rate
3.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 2, 2012
Sold by
Bank Of America Na
Bought by
Nguyen Tu Anh Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,750
Interest Rate
3.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 2, 2011
Sold by
Phillips Kevin T
Bought by
Bank Of America N A

Purchase Details

Closed on
Apr 1, 2002
Sold by
Phillips Kevin T
Bought by
Phillips Kevin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.13%

Purchase Details

Closed on
Nov 18, 1998
Sold by
Phillips Margaret J
Bought by
Phillips Robert F

Purchase Details

Closed on
Jul 21, 1998
Sold by
Wilshire Funding Corp
Bought by
Phillips Kevin T and Phillips Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.84%

Purchase Details

Closed on
May 11, 1998
Sold by
Guedes Luiz
Bought by
Wilshire Funding Corp

Purchase Details

Closed on
Aug 11, 1997
Sold by
Guedes Luiz
Bought by
Guedes Luiz

Purchase Details

Closed on
May 19, 1997
Sold by
Rodriguez Adolfo
Bought by
Geudes Lui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,671
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 1997
Sold by
Taylor Allan
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
$277,671
Interest Rate
7.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Tu Anh Thanh Nguyen Trust -- --
Nguyen Tu Anh Thanh -- None Available
Nguyen Tu Anh Thanh -- Landsafe Title
Nguyen Tu Anh Thanh $413,000 Landsafe Title
Bank Of America N A $467,500 Landsafe Title
Phillips Kevin T -- Commerce Title
Phillips Robert F -- Benefit Land Title
Phillips Kevin T $165,000 Benefit Land Title
Wilshire Funding Corp $130,500 Benefit Land Title Ins Co
Guedes Luiz -- Southland Title Corporation
Geudes Lui $300,000 Commonwealth Title
Rodriguez Adolfo $161,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Tu Anh Thanh $309,750
Previous Owner Phillips Kevin T $238,000
Previous Owner Phillips Kevin T $165,000
Previous Owner Geudes Lui $277,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2012 07/02/12 Sold $413,000 -3.9% $113 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $429,900 -- $118 / Sq Ft
Source: The MLS

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 $7,021 $508,572 $262,290 $246,282
2024 $7,021 $498,601 $257,148 $241,453
2023 $6,898 $488,825 $252,106 $236,719
2022 $6,489 $479,241 $247,163 $232,078
2021 $6,337 $469,845 $242,317 $227,528
2019 $6,247 $455,911 $235,131 $220,780
2018 $6,063 $446,972 $230,521 $216,451
2016 $5,565 $429,617 $221,570 $208,047
2015 $5,351 $423,164 $218,242 $204,922
2014 $5,330 $414,875 $213,967 $200,908
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Andrew Storey

    Andrew Storey

  • S

    Buyer's Agent in 2012

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 12-591571

The MLS

APN: 7275-015-028

California Los Angeles County Long Beach 90802 North Alamitos Beach

1640 E Florida St, Long Beach, CA

Not Listed for Sale

MultiFamily

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