NOT LISTED FOR SALE

Estimated Value: $876,000 - $1,012,188

4 Beds
2 Baths
1,664 Sq Ft
$577/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $815,000 $490 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,016/month

3 Days on Market

Highlights

  • RV Access or Parking
  • Property is near a park
  • No HOA
  • Gated Parking
  • Lawn
  • 3-minute walk to Jackson Park

About This Home

As of January 2021

Opportunity is KNOCKING with this turn-key & highly upgraded Duplex in the desirable neighborhood of Jackson Proper in N. Long Beach! The main home features 2 bedrooms and 1 bathroom. There is beautiful wood-like tile flooring & gleaming crown plus base mouldings. A fully updated kitchen with custom cabinetry, countertops, ivory tile backsplash, & stainless steel appliances! The laundry room is adjacent to the gorgeous kitchen & equipped with extra convenient cabinet space. The upgraded HVAC system has a "hard start" option, which significantly improves energy efficiency! The long private & gated driveway is spacious enough for RV parking and leads to a detached 2 car garage -currently designated as a home office. The secondary home is also a 2 bed, 1 bath floor plan and is super clean & upgraded! Featuring a fully remodeled kitchen & bathroom, custom mouldings, private laundry room, and an upgraded electrical system ready to support an HVAC installation! ALL appliances are INCLUDED in BOTH homes and each have their own private & spacious backyards! Newly installed water heaters, FULL copper & Pex plumbing to both homes, fresh clean interior paint, new flooring in all bedrooms, custom lighting, Yale smart lock, Ring doorbell systems and more! There is tremendous potential to further increase value by converting the garage to an ADU! With unmistakable curb appeal, pride of ownership and a long list of high-quality improvements, this income-producing property is a rare find!!!

Last Agent to Sell the Property

Brooklyn Carras

TheHomeProZ License #01996195 Listed on: 12/17/2020

Co-Listed By

David Sevanian

Keller Williams VIP Properties License #01275548

Last Buyer's Agent

EDWARD GARCIA

eHomes License #01970775

eHomes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,444 Sq Ft Lot
  • 1 Common Wall
  • Vinyl Fence
  • Lawn
  • Back and Front Yard
  • Zero Lot Line

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway
  • Gated Parking
  • RV Access or Parking

Home Design

  • Duplex
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,664 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • High Efficiency Air Conditioning
  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas, insurance
  • Tax Lot 130
  • Tax Tract Number 5405
  • Assessor Parcel Number 7129008026

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Dog Park

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $480
  • Water Sewer Expense $720
  • Operating Expense $1,200
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Inclusions: Washer, Dryer, and Refrigerator for both units!
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: LBR1N
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7129008026
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Crown Molding
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 489.78
  • Room Type: Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Vinyl
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door, Gated, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s), High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Park Nearby, Zero Lot Line
  • Lot Size Sq Ft: 8444.00
  • Lot Size Acres: 0.1938

Rental Info

  • Tenant Pays: Electricity, Gas, Insurance

Multi Family

  • Gross Scheduled Income: 22200.00
  • Lot Size Area: 8444.0000 Square Feet
  • Net Operating Income: 21000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Actual Rent: 1850.00
  • Total Expenses: 1200.00

Tax Info

  • Tax Census Tract: 5706.02
  • Tax Lot: 130
  • Tax Tract Number: 5405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Mar 16, 2018
Sold by
Gilliland Joshua
Bought by
Nadel Daniel Louis and Nadel Karolina Krystek
Seller's Agent
Nancy Marie Cardena
Realty Gratitude Corporation
Buyer's Agent
Timothy Carr
List Price
$620,000
Sold Price
$642,000
Premium/Discount to List
$22,000
3.55%
Current Estimated Value
$960,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,797
Avg. Annual Appreciation
5.40%
Original Mortgage
$630,371
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 2016
Sold by
Gilliland Ronald C
Bought by
Gilliland Joshua and Gilliland Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,211
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2002
Sold by
Gilliland Ronald C
Bought by
Gilliland Ronald C and Gilliland Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.99%

Purchase Details

Closed on
Jun 5, 1997
Sold by
Gilliland Susan L
Bought by
Gilliland Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.34%

Purchase Details

Closed on
May 17, 1997
Sold by
Gilliland Charles M
Bought by
Gilliland Charles M and Gilliland Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.34%

Purchase Details

Closed on
Dec 14, 1995
Sold by
Gilliland Charles M
Bought by
Gilliland Charles M and Shoeman Barbara B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nadel Daniel Louis $642,000 Old Republic Title Company
Gilliland Joshua $430,000 Chicago Title Company
Gilliland Ronald C -- Southland Title
Gilliland Ronald C -- Provident Title
Gilliland Charles M -- Provident Title
Gilliland Charles M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nadel Daniel Louis $630,371
Previous Owner Gilliland Joshua $422,211
Previous Owner Gilliland Ronald C $170,000
Previous Owner Gilliland Charles M $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2021 01/22/21 Sold $815,000 +4.5% $490 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/17/2020 12/17/20 For Sale $779,990 +21.5% $469 / Sq Ft
05/01/2018 05/01/18 Sold $642,000 0.0% $386 / Sq Ft View Prior Sale
03/15/2018 03/15/18 Pending -- -- --
03/13/2018 03/13/18 Off Market $642,000 -- --
03/05/2018 03/05/18 For Sale $620,000 -- $373 / 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 $11,783 $882,181 $541,216 $340,965
2024 $11,275 $864,884 $530,604 $334,280
2023 $11,088 $847,926 $520,200 $327,726
2022 $10,410 $831,300 $510,000 $321,300
2021 $8,540 $674,855 $401,549 $273,306
2020 $8,518 $667,936 $397,432 $270,504
2019 $8,420 $654,840 $389,640 $265,200
2018 $5,758 $447,372 $260,100 $187,272
2016 $1,360 $96,499 $41,777 $54,722
2015 $1,312 $95,051 $41,150 $53,901
2014 $1,316 $93,190 $40,344 $52,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20256590

California Regional Multiple Listing Service (CRMLS)

APN: 7129-008-026