NOT LISTED FOR SALE

1724 Lemon Ave Long Beach, CA 90813

Central Neighborhood

Estimated Value: $876,000 - $1,066,000

5 Beds
3 Baths
2,050 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $890,000 $434 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,185/month

17 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3-minute walk to Martin Luther King Jr Park
  • Long Beach Polytechnic High School Rated A
  • Front Yard

About This Home

As of July 2021

Investors dream! This wonderful triplex features 3 updated units that are walking distance to LB Polly and LBC College - Pacific Coast Campus. Main unit is privately located on the front of the lot with it's own entrance and no common walls and features 2 bedrooms, 1 bathroom. Unit A is located on the main level and features 2 bedrooms, 1 bathroom. Unit B is located on the back, upstairs and features 1 bedroom, 1 bathroom. All units feature wood laminate through out, quartz counters in kitchen and living room and bedroom ceiling fans.

Last Agent to Sell the Property

Jason Thorman

eXp Realty of California Inc License #01516355 Listed on: 06/11/2021

eXp Realty of California Inc

Last Buyer's Agent

Karin Hollink

Coldwell Banker Realty License #01952920

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 6,513 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • 2,050 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 13 / C
  • Assessor Parcel Number 7268026015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Poly High Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

6,513 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7268026015
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 434.15

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6513.00
  • Lot Size Acres: 0.1495

Multi Family

  • Gross Scheduled Income: 63000.00
  • Lot Size Area: 6513.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5752.01
  • Tax Lot: 13
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Kao Enterprises Llc
Bought by
Thorman Jason T
Current Estimated Value
$993,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 2, 2019
Sold by
Thorman Stephanie M
Bought by
Thorman Jason T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 2013
Sold by
The Laura Shirley Heng Family Trust
Bought by
Kao Enterprises Llc

Purchase Details

Closed on
Feb 27, 2013
Sold by
Heng Laura Shirley
Bought by
The Laura Shirley Heng Family Trust

Purchase Details

Closed on
Jul 10, 2006
Sold by
Heng Nurt and Bunurai Buddy
Bought by
Heng Laura Shirley and Heng Laurie
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
Thorman Jason T $445,000 First American Title Company
Thorman Jason T -- First American Title Company
Kao Enterprises Llc -- None Available
The Laura Shirley Heng Family Trust -- None Available
Heng Laura Shirley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thorman Jason T $50,000
Closed Thorman Jason T $395,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $890,000 -6.2% $434 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $949,000 0.0% $463 / Sq Ft
02/24/2020 02/24/20 Rented $2,000 +0.5% --
02/17/2020 02/17/20 Under Contract -- -- --
01/23/2020 01/23/20 Price Changed $1,990 -2.9% $2 / Sq Ft
12/13/2019 12/13/19 For Rent $2,050 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,161 $944,475 $530,604 $413,871
2024 $12,161 $925,956 $520,200 $405,756
2023 $11,957 $907,800 $510,000 $397,800
2022 $11,226 $890,000 $500,000 $390,000
2021 $7,833 $606,216 $404,144 $202,072
2020 $7,813 $600,000 $400,000 $200,000
2019 $5,280 $386,363 $165,583 $220,780
2018 $5,055 $378,788 $162,337 $216,451
2016 $4,653 $364,081 $156,034 $208,047
2015 $4,472 $358,613 $153,691 $204,922
2014 $4,455 $351,589 $150,681 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Jason Thorman

    Seller's Agent in 2021

    Jason Thorman

    eXp Realty of California Inc

    (714) 931-0724

    1 in this area

    157 Total Sales

    Jason Thorman
    Section Image
  • Karin Hollink

    Buyer's Agent in 2021

    Karin Hollink

    Coldwell Banker Realty

    (310) 804-5966

    1 in this area

    23 Total Sales

    Karin Hollink
    Section Image

  • S

    Buyer's Agent in 2020

    Stephanie Alvarez

    Keller Williams Pacific Estates

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21126119

California Regional Multiple Listing Service (CRMLS)

APN: 7268-026-015

California Los Angeles County Long Beach 90813 Central

1724 Lemon Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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