Seller's Agent in 2022
Derek Gong
ALIGN HOMES
(626) 353-5821
1 in this area
43 Total Sales
1672 E 56th St Long Beach, CA 90805
Lindbergh NeighborhoodEstimated Value: $929,000 - $1,088,777
2
Beds
2
Baths
1,964
Sq Ft
$495/Sq Ft
Est. Value
About This Home
As of May 2022Great Area of Long Beach! Located in one of the strongest rental markets in California! 1672 E 56th St is a triplex located in North Long Beach. Built
in 1944 consisting of 1,964 Square Feet of living space nicely situated on a great 6,858 Square Feet lot. This property offers a great unit mix which
includes (2) 2-Bed/1-Bath units and (1) studio. The property has been well maintained and features a fenced-in back yard with a nicely remodeled
studio. This is an excellent opportunity for a potential investor to obtain 30-year fixed residential financing while rates are at a historic low. Great
Cash Flow incoming property at a 6% CAP, AS IS. With upside potential. Schedule your showing today!!!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 6,858 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Front Yard
Parking
- 2 Car Garage
Home Design
- 1,964 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Laundry in unit
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 29
- Tax Tract Number 12885
- Assessor Parcel Number 7128026021
Community Details
Overview
- 3 Units
- North Long Beach Subdivision
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,000
- Insurance Expense $626
- Maintenance Expense $1,458
- Water Sewer Expense $1,600
- Operating Expense $13,306
- Gross Income $68,400
- Net Operating Income $55,094
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
Apr 12, 2022
Sold by
Bought by
Seller's Agent
Derek Gong
ALIGN HOMES
Buyer's Agent
Sean Stanfield
Pacific Sotheby's Int'l Realty
List Price
$925,000
Sold Price
$975,000
Premium/Discount to List
$50,000
5.41%
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
-$2,056
Avg. Annual Appreciation
-0.05%
Purchase Details
Closed on
May 19, 2021
Sold by
Bought by
Purchase Details
Listed on
Jul 28, 2020
Closed on
Aug 19, 2020
Sold by
Bought by
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
List Price
$650,000
Sold Price
$695,000
Premium/Discount to List
$45,000
6.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$521,250
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
0.037%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2017
Sold by
Bought by
Purchase Details
Closed on
Jan 24, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
0.044%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 8, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
0.044%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 2013
Sold by
Bought by
Purchase Details
Closed on
Jan 11, 2005
Sold by
Bought by
Purchase Details
Closed on
Jan 29, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
0.086%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $975,000 | First American Title Company O | ||
| -- | None Listed On Document | ||
| $695,000 | Chicago Title Company | ||
| -- | Title Source Inc | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Ort | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Southland Title Corporation |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $521,250 | ||
| Previous Owner | $427,500 | ||
| Previous Owner | $291,900 | ||
| Previous Owner | $55,000 | ||
| Previous Owner | $176,200 | ||
| Previous Owner | $185,000 | ||
| Previous Owner | $137,500 | ||
| Previous Owner | $136,000 | ||
| Previous Owner | $107,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $975,000 | +5.4% | $496 / Sq Ft | |
| 04/07/2022 04/07/22 | Pending | -- | -- | -- | |
| 03/31/2022 03/31/22 | For Sale | $925,000 | +33.1% | $471 / Sq Ft | |
| 09/23/2020 09/23/20 | Sold | $695,000 | 0.0% | $354 / Sq Ft | View Prior Sale |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- | |
| 08/04/2020 08/04/20 | Off Market | $695,000 | -- | -- | |
| 07/28/2020 07/28/20 | For Sale | $650,000 | -- | $331 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,670 | $1,034,677 | $371,422 | $663,255 |
| 2024 | $13,089 | $1,014,390 | $364,140 | $650,250 |
| 2023 | $12,872 | $994,500 | $357,000 | $637,500 |
| 2022 | $8,915 | $708,900 | $402,900 | $306,000 |
| 2021 | $9,436 | $695,000 | $395,000 | $300,000 |
| 2020 | $1,089 | $59,337 | $27,542 | $31,795 |
| 2019 | $1,077 | $58,174 | $27,002 | $31,172 |
| 2018 | $948 | $57,034 | $26,473 | $30,561 |
| 2016 | $866 | $54,821 | $25,446 | $29,375 |
| 2015 | $839 | $53,998 | $25,064 | $28,934 |
| 2014 | $846 | $52,942 | $24,574 | $28,368 |
Source: Public Records
Agents Affiliated with this Home
-
Derek Gong
-
Sean Stanfield
Buyer's Agent in 2022
Sean Stanfield
Pacific Sotheby's Int'l Realty
(949) 244-9057
1 in this area
503 Total Sales
-
David Biehler
Buyer Co-Listing Agent in 2022
David Biehler
Pacific Sotheby's Int'l Realty
(714) 747-3949
1 in this area
80 Total Sales
-
Brett Lyon
Seller's Agent in 2020
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
133 Total Sales
-
Woody Stahl
Seller Co-Listing Agent in 2020
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
143 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22064171
APN: 7128-026-021
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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