NOT LISTED FOR SALE

17 E Sunset St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $764,000 - $952,000

3 Beds
4 Baths
1,975 Sq Ft
$426/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $475,000 $241 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,030/month

65 Days on Market

About This Home

As of May 2017

This is a great opportunity to buy 4 units live in one and rent out the other 3 units and help out with the mortgage payment .. This property has 3 one bedroom one bath units with an additional studio.. Very low maintenance so your upkeep costs are low . It is close to shopping and freeways.

Last Agent to Sell the Property

Hilda Garcia

First American Team Realty Inc License #01061192 Listed on: 12/13/2016

Last Buyer's Agent

Hilda Garcia

First American Team Realty Inc License #01061192 Listed on: 12/13/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 3,150 Sq Ft Lot
  • Two or More Common Walls
  • Lawn

Home Design

  • 1,975 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 7163
  • Assessor Parcel Number 7131025021

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $360
  • Water Sewer Expense $2,400
  • New Taxes Expense $2,582
  • Operating Expense $6,342
  • Gross Income $32,100
  • Net Operating Income $25,758

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7131025021
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 240.51

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 3150.00

Multi Family

  • Gross Income: 32100.00
  • Gross Scheduled Income: 32100.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 25758.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 6342.00
  • Rent Control: No
  • Total Expenses: 6342.00

Tax Info

  • New Taxes Expense: 2582.00
  • Tax Census Tract: 5717.01
  • Tax Lot: 10
  • Tax Tract Number: 7163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2017
Sold by
Cisneros Dionicio and Cisneros Magdalena
Bought by
Ngo Tai T and Ngo Samantha M
Current Estimated Value
$841,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2000
Sold by
Sannicolas Antonio L and San Nicolas Revocabl Antonio L
Bought by
Cisneros Dionicio and Cisneros Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,863
Interest Rate
8.13%
Mortgage Type
FHA
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
Ngo Tai T $490,000 Chicago Title Company
Cisneros Dionicio $139,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ngo Tai T $341,250
Previous Owner Cisneros Dionicio $137,863
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $475,000 -3.0% $241 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
12/21/2016 12/21/16 Price Changed $489,900 -2.0% $248 / Sq Ft
12/13/2016 12/13/16 For Sale $499,900 -- $253 / 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 $7,447 $551,274 $232,114 $319,160
2024 $7,447 $540,465 $227,563 $312,902
2023 $7,315 $529,868 $223,101 $306,767
2022 $6,875 $519,479 $218,727 $300,752
2021 $6,727 $509,294 $214,439 $294,855
2019 $6,632 $494,790 $208,080 $286,710
2018 $6,430 $485,100 $204,000 $281,100
2016 $2,582 $176,918 $63,638 $113,280
2015 $2,490 $174,262 $62,683 $111,579
2014 $2,495 $170,850 $61,456 $109,394
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Hilda Garcia

    First American Team Realty Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16763291

California Regional Multiple Listing Service (CRMLS)

APN: 7131-025-021

California Los Angeles County Long Beach 90805 Addams

17 E Sunset St, Long Beach, CA

Not Listed for Sale

MultiFamily

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