NOT LISTED FOR SALE

Estimated Value: $677,000 - $868,000

3 Beds
2 Baths
1,097 Sq Ft
$717/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $840,000 $766 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,770/month

29 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • No HOA
  • Spanish Architecture
  • Private Yard
  • Neighborhood Views

About This Home

As of August 2024

Incredible TURN-KEY Duplex INVESTMENT OPPORTUNITY WITH DETACHED ADU - This charming remodeled Vintage Bungalow property offers a FULLY RENOVATED main house with a 2 bedroom, 1 bath floor plan. Quality updates include laminate flooring, fresh interior & exterior paint, updated interior doors & baseboards, added recessed lighting, inside laundry with included stackable washer/dryer, dining nook with lots of natural light, and a modern kitchen featuring updated white shaker cabinetry, attractive butcher block countertops, added wall shelving, stainless steel appliances with new dishwasher, and a large-basin stainless steel sink with pull-down faucet. Primary bedroom sits at the back of the main house and features a big walk-in closet area. Spacious secondary guest room is at the front of the home and includes a closet area, built in drawers and storage. Both bedrooms benefit from overhead cooling fans and share a fully remodeled bath with updated sink & vanity, quartz countertop, modern fixtures & lighting, oversized mirrored medicine cabinet, and step-in frameless glass shower with updated fixtures and stunning designer tile. Other features include new Daikon mini-split AC/heating system, new radiant barrier plywood & R-38 blown-in insulation, new 25-year hot-mop roofing with updated 2.5" roof insulation on both the main house and ADU, and all new dual-pane low-E windows throughout. Also includes a private gated back yard with artificial turf, updated landscaping, large enclosed front yard with artificial turf and new wooden privacy fencing with locking gate, a long 2 car private driveway for additional off-street parking and solid block wall fencing between neighbors. Fully Renovated ADU is a separate structure with private access, beautiful yard with fenced vegetable garden, New Kitchenette with white shaker cabinets, stainless sink, Quartz Counter, newer oven & refrigerator, Wood-look neutral colored tile flooring in kitchen and main living area, and vinyl in bedroom. Off back door of ADU is a convenient private laundry closet with newer stack washer & dryer. Bixby Knolls adjacent location means close to shopping, restaurants, parks, SoCal Beaches and Virginia Country Club. No HOA, low tax rate and move-in ready!

Last Agent to Sell the Property

Lucinda Bloom

Coldwell Banker Realty Brokerage Phone: 949-632-6125 License #02093832 Listed on: 05/03/2024

Coldwell Banker Realty

Last Buyer's Agent

Vangie Cabrera

American Financial Group License #01322719

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932 | Remodeled

Lot Details

  • 4,035 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Fence is in good condition
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits

Home Design

  • Duplex
  • Spanish Architecture
  • Bungalow
  • Entry on the 1st floor
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,097 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Awning
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Insulated Doors
  • Living Room
  • Neighborhood Views

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • High Efficiency Heating System
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • No Interior Steps
  • ENERGY STAR Qualified Equipment for Heating
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 2109
  • Tax Tract Number 5134
  • Assessor Parcel Number 7133003017
  • $351 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,056
  • Trash Expense $100
  • Water Sewer Expense $1,100
  • Operating Expense $2,856
  • Gross Income $25,428
  • Net Operating Income $57,144

Property Details

Home Type

Multi-Family

Year Built

Built in 1932 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: 2 Sets-Stack Washer & Dryer, 2 Refrigerators
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Water Sewer Expenses: 1100.00
  • Zoning: LBR1N
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7133003017
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Stone, Tile, Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 765.72
  • Room Type: All Bedrooms Down, Galley Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet
  • Window Features: Blinds, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Screens

Exterior Features

  • Foundation: Raised
  • Exterior Features: Awning(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Good Condition, Wood
  • Pool Private: No
  • Roof: Rolled/Hot Mop, Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Range Hood, Refrigerator, Water Heater
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Electric, ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Electric, Energy Star Qualified Equipment, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 4035.00
  • Lot Size Acres: 0.0926

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 25428.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1056.00
  • Lot Size Area: 4035.0000 Square Feet
  • Net Operating Income: 57144.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2856.00
  • Rent Control: Yes
  • Total Actual Rent: 5000.00
  • Total Expenses: 2856.00

Tax Info

  • Tax Census Tract: 5717.03
  • Tax Lot: 2109
  • Tax Tract Number: 5134
  • TaxOtherAnnualAssessmentAmount: 351.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Musulman Troy M
Bought by
Stratiff Maria Alyssa
Current Estimated Value
$786,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
6.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2020
Sold by
Amaya Jonathan M and Lopez Christina
Bought by
Amaya Jonathan M and Lopez Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,472
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 17, 2018
Closed on
Nov 8, 2018
Sold by
Solano Elmer E and Flores Laura I
Bought by
Amaya Jonathan M and Lopez Christina
Seller's Agent
Raul Hernandez
C-21 Astro
Buyer's Agent
Octavio Aguirre
Realty One Group Homelink
List Price
$4,749,000
Sold Price
$435,000
Premium/Discount to List
-$4,314,000
-90.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%
Original Mortgage
$421,950
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2013
Sold by
Solano Elmer E
Bought by
Solano Elmer E and Flores Laura I

Purchase Details

Closed on
May 21, 2004
Sold by
Flores Laura
Bought by
Solano Elmer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Revuelta Veronica Escobedo
Bought by
Solano Elmer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2002
Sold by
Charros Candido
Bought by
Revuelta Veronica Escobedo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.86%

Purchase Details

Closed on
Aug 6, 1998
Sold by
Bennett Robert R and Bennett Marjorie Lee
Bought by
Charros Candido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,769
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 1997
Sold by
Etta B Kemp Trust and Marjorie Lee
Bought by
Bennett Marjorie Lee

Purchase Details

Closed on
Feb 24, 1994
Sold by
Kemp Etta B
Bought by
Kemp Etta 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
Stratiff Maria Alyssa $840,000 Equity Title
Amaya Jonathan M -- Ticor Title Company Of Ca
Amaya Jonathan M $435,000 Fidelity National Title Insu
Solano Elmer E -- None Available
Solano Elmer E -- Southland Title Corporation
Solano Elmer E $239,000 Southland Title Corporation
Revuelta Veronica Escobedo -- American Title Co
Charros Candido $92,000 Landsafe Title
Bennett Marjorie Lee -- --
Kemp Etta B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stratiff Maria Alyssa $756,000
Previous Owner Amaya Jonathan M $434,472
Previous Owner Amaya Jonathan M $421,950
Previous Owner Solano Elmer E $191,200
Previous Owner Revuelta Veronica Escobedo $124,000
Previous Owner Charros Candido $91,769
Closed Solano Elmer E $35,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Sold $840,000 -1.2% $766 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $850,000 0.0% $775 / Sq Ft
04/06/2024 04/06/24 Rented $3,200 0.0% --
04/06/2024 04/06/24 For Rent $3,200 0.0% --
04/05/2024 04/05/24 Off Market $3,200 -- --
03/14/2024 03/14/24 For Rent $3,200 +8.5% --
03/29/2023 03/29/23 Rented $2,950 0.0% --
03/15/2023 03/15/23 For Rent $2,950 0.0% --
03/30/2021 03/30/21 Sold $566,000 0.0% $689 / Sq Ft View Prior Sale
02/18/2021 02/18/21 Pending -- -- --
02/08/2021 02/08/21 Off Market $566,000 -- --
02/03/2021 02/03/21 For Sale $499,900 +14.9% $608 / Sq Ft
12/21/2018 12/21/18 Sold $435,000 -5.4% $529 / Sq Ft View Prior Sale
09/25/2018 09/25/18 Price Changed $459,900 -90.3% $559 / Sq Ft
09/17/2018 09/17/18 For Sale $4,749,000 -- $5,777 / 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 $7,809 $840,000 $600,000 $240,000
2024 $7,809 $600,642 $477,967 $122,675
2023 $7,678 $588,866 $468,596 $120,270
2022 $7,206 $577,320 $459,408 $117,912
2021 $5,666 $448,296 $358,637 $89,659
2020 $5,651 $443,700 $354,960 $88,740
2019 $5,585 $435,000 $348,000 $87,000
2018 $3,857 $298,634 $238,911 $59,723
2016 $3,552 $287,039 $229,635 $57,404
2015 $3,411 $282,728 $226,186 $56,542
2014 $3,391 $277,191 $221,756 $55,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24087142

California Regional Multiple Listing Service (CRMLS)

APN: 7133-003-017