NOT LISTED FOR SALE

Estimated Value: $853,000 - $1,176,000

5 Beds
3 Baths
1,599 Sq Ft
$655/Sq Ft Est. Value

Last Sold March 13, 2019

Last sale price $785,000 $491 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,402/month

32 Days on Market

Highlights

  • 0.14 Acre Lot
  • Open Floorplan
  • Living Room
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2019

We are excited to present this renovated Craftsman Duplex to market. Great location with a terrific walking score, this property boasts a 3 bedroom 1 bath front house and an adorable 2 bedroom 2 bath in the back house. Makes the perfect investment property, live in the front and rent out the back, ideal in-law quarters. Brand new stainless steel appliances throughout, and washer dryer hookups in both units. Plenty of parking for everyone! Don’t miss this opportunity to own a two on a lot in the heart of Long Beach

Last Agent to Sell the Property

Leslie Stonick

Compass License #01363678 Listed on: 01/12/2019

Compass

Co-Listed By

Kara Mirarchi

Compass License #02048543

Last Buyer's Agent

EDITH AVILEZ

Fast Track Realty Co License #01036214

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,155

Year Built

  • Built in 1912

Lot Details

  • 6,079 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Sprinkler System
  • Garden
  • Front Yard

Home Design

  • Bungalow
  • Turnkey
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,599 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Living Room
  • Laminate Flooring
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway Level

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2101
  • Assessor Parcel Number 7266022013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Fuel Expense $1,300
  • Trash Expense $1,500
  • Water Sewer Expense $1,500
  • Operating Expense $4,000
  • Net Operating Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,155

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LBCNR
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7266022013
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 490.93
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Driveway Level

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1500.00
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Level with Street, Sprinkler System
  • Lot Size Sq Ft: 6079.00
  • Lot Size Acres: 0.1396

Multi Family

  • Electric Expense: 1200.00
  • Fuel Expense: 1300.00
  • Gross Scheduled Income: 75600.00
  • Lot Size Area: 6079.0000 Square Feet
  • Net Operating Income: 63600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 12000.00
  • Rent Control: No
  • Total Expenses: 4000.00

Tax Info

  • Tax Census Tract: 5765.03
  • Tax Lot: 1
  • Tax Tract Number: 2101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2021
Sold by
Chekouras Family Revocable Living Trust
Bought by
Tsouvalas John and Pressey Julie
Current Estimated Value
$999,403

Purchase Details

Listed on
Jan 12, 2019
Closed on
Mar 1, 2019
Sold by
Kre8tive Conception Corp
Bought by
Gutierrez Torres Daniel
Seller's Agent
Leslie Stonick
Compass
Buyer's Agent
EDITH AVILEZ
Fast Track Realty Co
List Price
$798,000
Sold Price
$785,000
Premium/Discount to List
-$13,000
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
Original Mortgage
$770,781
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 24, 2018
Closed on
May 17, 2018
Sold by
Ngor Thorn and Ngor Mardy
Bought by
Kre8tive Conceptions Corp
Seller's Agent
Ramon Sanchez
Century 21 Allstars
Buyer's Agent
Ramon Sanchez
Century 21 Allstars
List Price
$630,000
Sold Price
$607,500
Premium/Discount to List
-$22,500
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.77%
Original Mortgage
$455,625
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2016
Sold by
Schwede Peter E and Woods Becky A
Bought by
Schwede Peter E and Woods Becky A

Purchase Details

Closed on
Aug 7, 2006
Sold by
Tea Tee
Bought by
Ngor Thorn and Ngor Mardy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Nguyen Nguyen Paul Paul and Nguyen Ninh Lan T
Bought by
Tea Tee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2003
Sold by
Schwede Peter E
Bought by
Schwede Peter E and Woods Becky A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,100
Interest Rate
5.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 11, 2000
Sold by
Federal National Mortgage Association
Bought by
Nguyen Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,968
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2000
Sold by
Mujica Jose D and Vera Flor M
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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Average Value
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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
Tsouvalas John -- None Listed On Document
Gutierrez Torres Daniel $785,000 North American Title
Kre8tive Conceptions Corp $607,500 Chicago Title Company
Schwede Peter E -- None Available
Ngor Thorn $615,000 Fidelity National Title Co
Tea Tee $335,000 Chicago Title
Schwede Peter E -- --
Nguyen Paul $155,000 Fidelity Title
Federal National Mortgage Association $125,496 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torres Daniel Gutierrez $793,650
Previous Owner Torres Danielgutierrez $775,366
Previous Owner Gutierrez Torres Daniel $770,781
Previous Owner Kre8tive Conception Corp $455,625
Previous Owner Kre8tive Conceptions Corp $455,625
Previous Owner Ngor Thorn $190,000
Previous Owner Ngor Thorn $240,000
Previous Owner Ngor Thorn $492,000
Previous Owner Ngor Thorn $30,750
Previous Owner Tea Tee $85,000
Previous Owner Tea Tee $427,000
Previous Owner Tea Tee $301,500
Previous Owner Nguyen Paul $163,100
Previous Owner Nguyen Paul $161,000
Previous Owner Nguyen Paul $153,968
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2019 03/13/19 Sold $785,000 -1.6% $491 / Sq Ft
01/12/2019 01/12/19 For Sale $798,000 +31.4% $499 / Sq Ft
05/24/2018 05/24/18 Sold $607,500 0.0% $380 / Sq Ft
05/24/2018 05/24/18 Sold $607,500 -3.6% $380 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $630,000 0.0% $394 / Sq Ft
04/20/2018 04/20/18 For Sale $630,000 +3.7% $394 / Sq Ft
03/31/2018 03/31/18 Off Market $607,500 -- --
01/10/2018 01/10/18 Pending -- -- --
11/06/2017 11/06/17 Price Changed $630,000 +5.0% $394 / Sq Ft
05/09/2017 05/09/17 For Sale $600,000 -- $375 / 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 $11,155 $875,678 $613,533 $262,145
2024 $11,155 $858,508 $601,503 $257,005
2023 $10,969 $841,675 $589,709 $251,966
2022 $10,296 $825,173 $578,147 $247,026
2021 $10,097 $808,994 $566,811 $242,183
2020 $10,071 $800,700 $561,000 $239,700
2019 $7,953 $619,650 $433,500 $186,150
2018 $7,102 $560,000 $409,800 $150,200
2016 $5,051 $410,000 $300,000 $110,000
2015 $4,694 $390,000 $285,400 $104,600
2014 $4,357 $355,000 $259,800 $95,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19009324

California Regional Multiple Listing Service (CRMLS)

APN: 7266-022-013