A
Seller's Agent in 2018
Alma Villalobos
NUEVO VALLEY REALTY
175 E 53rd St Long Beach, CA 90805
Addams NeighborhoodEstimated Value: $704,000 - $847,000
3
Beds
2
Baths
1,478
Sq Ft
$541/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- 4-minute walk to Grace Park
About This Home
As of October 2018Location, Location, Location! Here's your perfect first time investment opportunity for the owner to live in one unit and rent the other. Very close and easy access to the freeways 91 and 710. This is the perfect location between Los Angeles and Orange county to enjoy the cool Pacific Ocean breezes.
This duplex has a lot of character and charm. Easy upkeep on property and excellent rental area. The front unit has 3 bedrooms and 2 full bathrooms, large kitchen with granite counters, large living room. The second unit in the back has 1 bedrooms and 1 full bath , it is ready to move in or rent it. So don't miss this GREAT opportunity. The tenants on the main home have been given their 30 day notice to vacate.
Last Agent to Sell the Property
Alma Villalobos
NUEVO VALLEY REALTY License #01261724 Listed on: 08/24/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 6,232 Sq Ft Lot
- No Common Walls
- Density is 2-5 Units/Acre
Parking
- 1 Car Garage
Home Design
- 1,478 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 398
- Tax Tract Number 5134
- Assessor Parcel Number 7131007024
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Trash Expense $60
- Water Sewer Expense $75
- Operating Expense $200
- Gross Income $1,400
- Net Operating Income $1,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 16, 2020
Sold by
Cortez Jose Reyes and Cortez Austreberto Reyes
Bought by
Cortez Jose Reyes
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,500
Outstanding Balance
$462,121
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$336,765
Purchase Details
Listed on
Aug 24, 2018
Closed on
Oct 9, 2018
Sold by
Ochoa Jorge and Iguaia Edith
Bought by
Cortez Jose Reyes and Cortez Austreberto Reyes
Seller's Agent
Alma Villalobos
NUEVO VALLEY REALTY
Buyer's Agent
Lucia Ulloa
Excellence RE Real Estate
List Price
$530,000
Sold Price
$530,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$520,400
Interest Rate
5.75%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 5, 2001
Sold by
Ochoa Jorge
Bought by
Ochoa Jorge and Iguala Edith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.98%
Purchase Details
Closed on
Jul 14, 1999
Sold by
David Lorelei C and Angeles Lorelei C
Bought by
Ochoa Jorge and Villagrana Francisco
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,424
Interest Rate
7.56%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cortez Jose Reyes | -- | Stewart Title | |
| Cortez Jose Reyes | $530,000 | Stewart Title Company | |
| Ochoa Jorge | -- | American Title | |
| Ochoa Jorge | $131,500 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cortez Jose Reyes | $521,500 | |
| Closed | Cortez Jose Reyes | $520,400 | |
| Previous Owner | Ochoa Jorge | $137,000 | |
| Previous Owner | Ochoa Jorge | $130,424 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2018 10/31/18 | Sold | $530,000 | 0.0% | $359 / Sq Ft |
| 10/17/2018 10/17/18 | Pending | -- | -- | -- |
| 10/04/2018 10/04/18 | For Sale | $530,000 | 0.0% | $359 / Sq Ft |
| 09/23/2018 09/23/18 | Pending | -- | -- | -- |
| 08/24/2018 08/24/18 | For Sale | $530,000 | -- | $359 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,002 | $615,499 | $331,373 | $284,126 |
| 2024 | $8,002 | $603,431 | $324,876 | $278,555 |
| 2023 | $7,869 | $591,600 | $318,506 | $273,094 |
| 2022 | $7,392 | $580,001 | $312,261 | $267,740 |
| 2021 | $7,246 | $568,630 | $306,139 | $262,491 |
| 2020 | $6,961 | $540,600 | $306,000 | $234,600 |
| 2019 | $6,881 | $530,000 | $300,000 | $230,000 |
| 2018 | $2,862 | $209,193 | $94,549 | $114,644 |
| 2016 | $2,632 | $201,073 | $90,879 | $110,194 |
| 2015 | $2,531 | $198,053 | $89,514 | $108,539 |
| 2014 | $2,525 | $194,174 | $87,761 | $106,413 |
Source: Public Records
Agents Affiliated with this Home
-
-
Lucia Ulloa
Buyer's Agent in 2018
Lucia Ulloa
Excellence RE Real Estate
(310) 427-2601
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV18206958
APN: 7131-007-024
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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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