NOT LISTED FOR SALE

Estimated Value: $849,162 - $958,000

3 Beds
2 Baths
1,542 Sq Ft
$572/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $865,000 $561 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,512/month

39 Days on Market

Highlights

  • Quartz Countertops
  • Recessed Lighting
  • Ceiling Fan
  • Living Room
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2024

FULLY REMODELED DUPLEX FOR SALE! STUNNING 2 BED, 1 BATH AND A 1 BED 1 BATH DUPLEX, LONG BEACH RESIDENCIES IN MOVE-IN CONDITION, READY FOR THE NEXT OWNER TO MAKE IT THEIR HOME! Live in one and rent the other for additional income! Each unit has their own individual address. This beautifully reimagined duplex, both have great layouts and are located in a great neighborhood and is NOT to be missed. No matter which home you choose to live in, both homes feature all new laminate flooring throughout the homes and will immediately send your imagination into all the ways in which you can make the spaces uniquely yours. Both homes offers plenty of windows that provide lots of natural lighting. The front home Features All New Electrical Wiring throughout the home, Brand New Quartz counter tops and plenty of cabinetry. The spacious kitchen is perfect for creating culinary masterpieces for your loved ones. Both bedrooms in the Front Home are nicely sized and offer ample closet space and the bathroom is all new and has been tastefully designed. The 2nd unit offers a spacious open layout where the design possibilities are endless. The back units has all new PEX plumbing. The kitchen also offers Brand New Quartz counter tops new deep sink and plenty of cabinetry. The home features a very spacious bedroom and the full bathroom features a brand new vanity to match tub and shower combo. This duplex also features their own laundry spaces for each home and 2 individual 1 car garages that can be easily converted into a 3rd, 1 bedroom unit. This home is located near schools, shopping, easy freeway access and transportation. You do NOT want to miss out on this Duplex. BOTH WILL BE DELIVERED VACANT! SEE THEM!! FALL IN LOVE WITH THEM!! MAKE IT YOURS!! SEE YOU IN ESCROW!! (Home is digitally staged)

Last Agent to Sell the Property

George Cardenas

Elevate Real Estate Agency License #01937063 Listed on: 10/19/2023

Co-Listed By

Georgina Martinez

Elevate Real Estate Agency License #01936976

Last Buyer's Agent

Giovany Kirakossian

JohnHart Real Estate License #01852689

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,772

Year Built

  • Built in 1927

Lot Details

  • 5,478 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laminate Flooring
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 7894
  • Assessor Parcel Number 7114016046
  • $447 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,400
  • Fuel Expense $600
  • Insurance Expense $1,600
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $7,000
  • Gross Income $47,000
  • Net Operating Income $47,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,772

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 412450
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7114016046
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 560.96
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Walkstreet
  • Lot Size Sq Ft: 5478.00
  • Lot Size Acres: 0.1258

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 600.00
  • Gross Income: 47000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 5478.0000 Square Feet
  • Net Operating Income: 47000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7000.00
  • Rent Control: No
  • Total Expenses: 7000.00

Tax Info

  • Tax Census Tract: 5705.02
  • Tax Lot: 43
  • Tax Tract Number: 7894
  • TaxOtherAnnualAssessmentAmount: 447.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Dec 1, 2023
Sold by
Zolara Limited Inc
Bought by
Ayala Jesus Alan Marquez and Diaz Desiree Jennifer
Seller's Agent
George Cardenas
Elevate Real Estate Agency
Buyer's Agent
Giovany Kirakossian
JohnHart Real Estate
List Price
$824,900
Sold Price
$865,000
Premium/Discount to List
$40,100
4.86%
Views
217
Current Estimated Value
$881,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,791
Avg. Annual Appreciation
1.25%
Original Mortgage
$849,332
Outstanding Balance
$836,136
Interest Rate
7.29%
Mortgage Type
FHA
Estimated Equity
$47,224

Purchase Details

Closed on
Aug 1, 2023
Sold by
Marta G Barnard Revocable Trust
Bought by
Zolara Limited Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2006
Sold by
Barnard Marta G
Bought by
Barnard Marta G and The Marta G Barnard Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Barnard Marta G
Bought by
Barnard Marta G and Marta G Barnard Revocable Trus
Source: Public Records

Range of Values:

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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
Ayala Jesus Alan Marquez $865,000 Usa National Title Company
Zolara Limited Inc $610,000 Usa National Title
Barnard Marta G -- Fidelity National Title Co
Barnard Marta G -- Fidelity National Title Co
Barnard Marta G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Jesus Alan Marquez $849,332
Previous Owner Zolara Limited Inc $544,000
Previous Owner Barnard Marta G $286,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $865,000 +4.9% $561 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $824,900 -4.6% $535 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
10/29/2023 10/29/23 Off Market $865,000 -- --
10/19/2023 10/19/23 For Sale $824,900 -- $535 / 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 $9,772 $882,300 $357,000 $525,300
2024 $9,772 $750,000 $450,000 $300,000
2023 $1,016 $51,779 $22,352 $29,427
2022 $967 $50,764 $21,914 $28,850
2021 $934 $49,770 $21,485 $28,285
2020 $930 $49,260 $21,265 $27,995
2019 $919 $48,296 $20,849 $27,447
2018 $823 $47,350 $20,441 $26,909
2016 $751 $45,514 $19,649 $25,865
2015 $727 $44,831 $19,354 $25,477
2014 $735 $43,953 $18,975 $24,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23194123

California Regional Multiple Listing Service (CRMLS)

APN: 7114-016-046