NOT LISTED FOR SALE

Estimated Value: $725,101 - $902,000

4 Beds
2 Baths
1,552 Sq Ft
$522/Sq Ft Est. Value

Last Sold December 03, 2015

Last sale price $447,500 $288 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,819/month

105 Days on Market

Highlights

  • Traditional Architecture
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Private Yard
  • Ceramic Countertops
  • ENERGY STAR Qualified Equipment

About This Home

As of December 2015

Duplex - 2 bedrooms and 1 bathroom each. Front unit has 1 car detached garage. Rear unit has a 2 car garage. Electronic garage door openers. Community laundry shared by both units. Tenants pay gas and electricity. Well maintained. Great rents for the area.

Last Agent to Sell the Property

Teriann McKenna

TM Real Estate Services License #01765158 Listed on: 08/03/2015

Last Buyer's Agent

Melissa Moy Chhour

Skyline Properties License #00999382

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 4,350 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Private Yard

Parking

  • 3 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Wood Siding
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,552 Sq Ft Home
  • Carpet

Kitchen

  • Electric Cooktop
  • Range Hood
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 5992
  • Assessor Parcel Number 7126003012

Community Details

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $550
  • Trash Expense $480
  • Water Sewer Expense $800
  • New Taxes Expense $4,840
  • Gross Income $2,750
  • Net Operating Income $26,330

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: 2 Stoves, Refrigerator in front unit, washer, and dryer.
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 800.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7126003012
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 288.34

Exterior Features

  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Gas Water Heater, Range Hood, Refrigerator
  • Electric: 220 Volts in Laundry
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Dryer Included, Washer Included
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Energy Star Qualified Equipment, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 4350.00
  • Price Per Lot Square Foot: 102.87
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2750.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 550.00
  • Lot Size Area: 4350.0000 Square Feet
  • Net Operating Income: 26330.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 6670.00
  • Rent Control: No
  • Total Actual Rent: 2750.00

Tax Info

  • New Taxes Expense: 4840.00
  • Tax Lot: 8
  • Tax Tract Number: 5992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Wu Julie T
Bought by
Wu Thomas Yen Hon and Wu Julie Taing
Current Estimated Value
$809,775

Purchase Details

Listed on
Aug 3, 2015
Closed on
Nov 12, 2015
Sold by
Adok Llc
Bought by
Wu Julie T and Wu Thomas Yen Hon
Seller's Agent
Teriann McKenna
TM Real Estate Services
Buyer's Agent
Melissa Moy Chhour
Skyline Properties
List Price
$449,000
Sold Price
$447,500
Premium/Discount to List
-$1,500
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%

Purchase Details

Listed on
Jun 13, 2014
Closed on
Aug 12, 2014
Sold by
Adok Llc
Bought by
Adok Llc
Seller's Agent
Teriann McKenna
TM Real Estate Services
Buyer's Agent
Teriann McKenna
TM Real Estate Services
List Price
$375,000
Sold Price
$369,000
Premium/Discount to List
-$6,000
-1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Thomas Yen Hon -- None Available
Wu Julie T $447,500 Ticor Title
Adok Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2015 12/03/15 Sold $447,500 -0.3% $288 / Sq Ft
11/16/2015 11/16/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $449,000 +21.7% $289 / Sq Ft
07/18/2014 07/18/14 Sold $369,000 -1.6% $238 / Sq Ft View Prior Sale
06/16/2014 06/16/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $375,000 -- $242 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,919 $529,740 $142,051 $387,689
2024 $6,919 $519,354 $139,266 $380,088
2023 $6,803 $509,172 $136,536 $372,636
2022 $6,391 $499,189 $133,859 $365,330
2021 $6,262 $489,402 $131,235 $358,167
2019 $6,173 $474,889 $127,344 $347,545
2018 $5,951 $465,579 $124,848 $340,731
2017 $5,888 $456,450 $122,400 $334,050
2016 $5,474 $447,500 $120,000 $327,500
2015 $4,447 $369,000 $169,000 $200,000
2014 $1,636 $116,735 $33,975 $82,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15170716

California Regional Multiple Listing Service (CRMLS)

APN: 7126-003-012