NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,162,000

6 Beds
5 Baths
2,670 Sq Ft
$408/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $812,500 $304 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,574/month

198 Days on Market

Highlights

  • Contemporary Architecture
  • Private Yard
  • Laundry Room
  • Wood Flooring
  • Cooling Available
  • Heating Available

About This Home

As of December 2020

BACK ON THE MARKET. Great investment opportunity. 2 houses on 1 lot. Live in one and rent the other. Front house is 3 bedrooms 2 bath and the back unit is a 3 bedrooms 3 bath unit. Property consist of hardwood floors, granite counter tops and jacuzzi tubs on both units. Property has 2 double car garage with alley access. Per owner one of the garages has a permitted bathroom and can become a future ADU. Come and view this great investment.

Last Agent to Sell the Property

Daniel Sandoval

The Vision Group RE Services License #01342206 Listed on: 02/25/2020

Last Buyer's Agent

Mary Paala

eXp Realty of Greater Los Angeles License #02108322

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,193

Year Built

  • Built in 1928

Lot Details

  • 5,806 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

  • 2,670 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 9103
  • Assessor Parcel Number 7114007049

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,193

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR2N
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7114007049
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: One, Two
  • Price Per Square Foot: 304.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5806.00
  • Lot Size Acres: 0.1333

Multi Family

  • Lot Size Area: 5806.0000 Square Feet
  • 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
  • Rent Control: No
  • Total Actual Rent: 3600.00

Tax Info

  • Tax Census Tract: 5705.02
  • Tax Lot: 39
  • Tax Tract Number: 9103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2020
Sold by
Binder Farrell A
Bought by
Louis Michael L and Louis Terra D
Current Estimated Value
$1,030,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Louis Michael L $812,500 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Louis Michael L $387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $812,500 -6.5% $304 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/30/2020 08/30/20 Price Changed $869,000 -2.9% $325 / Sq Ft
07/30/2020 07/30/20 Price Changed $895,000 0.0% $335 / Sq Ft
07/30/2020 07/30/20 For Sale $895,000 +10.2% $335 / Sq Ft
03/24/2020 03/24/20 Off Market $812,500 -- --
02/25/2020 02/25/20 For Sale $935,000 -- $350 / 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 $11,193 $879,473 $392,380 $487,093
2024 $11,193 $862,230 $384,687 $477,543
2023 $11,006 $845,325 $377,145 $468,180
2022 $10,333 $828,750 $369,750 $459,000
2021 $10,208 $812,500 $362,500 $450,000
2020 $10,047 $800,000 $355,000 $445,000
2019 $9,151 $720,000 $320,000 $400,000
2018 $8,345 $665,000 $295,000 $370,000
2016 $6,517 $540,000 $235,000 $305,000
2015 $5,672 $480,000 $210,000 $270,000
2014 $5,743 $480,000 $210,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20039041

California Regional Multiple Listing Service (CRMLS)

APN: 7114-007-049