NOT LISTED FOR SALE

Estimated Value: $1,475,765 - $1,803,000

7 Beds
6 Baths
3,472 Sq Ft
$464/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $1,150,000 $331 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,895/month

155 Days on Market

Highlights

  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Balcony
  • Long Beach Polytechnic High School Rated A
  • Granite Countertops
  • Recessed Lighting

About This Home

As of August 2020

GREAT INVESTMENT PROPERTY*** 2 houses on 1 lot! A desirable place to live in one and rent out the other or rent them both out! The front house was built in 1920 features 3 bed rooms & 2 bath rooms recently renovated throughout the house with brand new HVAC unit, recess lightings, granite counter top, marble bathrooms & tile flooring. The back unit is a large 2 story house built in 2006. It has 4 bedrooms and 3.5 bathrooms with Wood floors throughout the house and nature color tile at kitchen area. Beautiful kitchen with granite counter tops and oak cabinets. An extra-large master bedroom with a double French doors open to the balcony waiting for you to enjoy. A loft upstairs can be used for family room or office. 2 car garages attached to the back house. Large backyard allows additional 6 parking spaces. There are mature fruit trees like kumquat, lemon, longans, dragon fruits, cherimoya, orange & grapefruit in the backyard. Both units are very light and airy. This house is ideal to home-care services, short-term and/or long term rentals or large family member. A MUST SEE TO APPRECIATE!!!

Last Agent to Sell the Property

TranChau Bui

LPC Financial, Inc. License #01848245 Listed on: 02/20/2020

Last Buyer's Agent

William May

Century 21 Union Realty License #01887537

Century 21 Union Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,744

Year Built

  • Built in 1920

Lot Details

  • 5,879 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,472 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Bonus Room with Fireplace

Kitchen

  • Granite Countertops
  • Fireplace in Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Dressing Area
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5764
  • Assessor Parcel Number 7267016005

Community Details

Building Details

  • 1 Separate Electric Meter
  • Insurance Expense $950
  • Operating Expense $950
  • Gross Income $84,000
  • Net Operating Income $81,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,744

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 7147166965
  • Property Attached: Yes
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7267016005
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Fireplace Features: Bonus Room, Den, Dining Room, Family Room, Kitchen, Living Room, Master Bedroom, Gas
  • Levels: One
  • Price Per Square Foot: 331.22
  • Room Type: Dressing Area, Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5879.00
  • Lot Size Acres: 0.1350

Multi Family

  • Gross Income: 84000.00
  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 950.00
  • Lot Size Area: 5879.0000 Square Feet
  • Net Operating Income: 81000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 950.00

Tax Info

  • Tax Census Tract: 5764.03
  • Tax Lot: 4
  • Tax Tract Number: 5764.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2020
Sold by
Leland E Clow And Ilene F Clow Revocable
Bought by
Leland E Clow And Ilene F Clow Revocable Trus and Clow
Current Estimated Value
$1,612,691

Purchase Details

Listed on
Feb 20, 2020
Closed on
Aug 15, 2020
Sold by
Tran Jane
Bought by
Clow Leland E and Clow Leland E
Seller's Agent
TranChau Bui
LPC Financial, Inc.
Buyer's Agent
William May
Century 21 Union Realty
List Price
$1,150,000
Sold Price
$1,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Jun 20, 2013
Sold by
Soukchaleun Dary
Bought by
Tran Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,753
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 2012
Sold by
Soukchaleun Dary and Khampou Dary Soukchaleun
Bought by
Soukchaleun Dary and Bounleuth Somsanith

Purchase Details

Closed on
Sep 10, 2003
Sold by
Holz Fortune B
Bought by
Khampou Dary Soukchaleun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2002
Sold by
Holz William E and Holz Fortune B
Bought by
Holz Fortune B
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
Leland E Clow And Ilene F Clow Revocable Trus -- None Listed On Document
Clow Leland E $1,150,000 Fidelity National Title
Tran Jane $439,000 First American Title Company
Soukchaleun Dary -- Accommodation
Khampou Dary Soukchaleun $240,000 Chicago Title
Holz Fortune B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Jane $416,753
Previous Owner Khampou Dary Soukchaleun $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2020 08/20/20 Sold $1,150,000 0.0% $331 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $1,150,000 +162.0% $331 / Sq Ft
08/30/2013 08/30/13 Sold $439,000 0.0% $126 / Sq Ft View Prior Sale
08/23/2013 08/23/13 For Sale $439,000 0.0% $126 / Sq Ft
08/05/2013 08/05/13 For Sale $439,000 0.0% $126 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
04/04/2013 04/04/13 For Sale $439,000 -- $126 / 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 $15,744 $1,244,796 $811,824 $432,972
2024 $15,744 $1,220,389 $795,906 $424,483
2023 $15,487 $1,196,460 $780,300 $416,160
2022 $14,535 $1,173,000 $765,000 $408,000
2021 $14,249 $1,150,000 $750,000 $400,000
2020 $6,455 $492,066 $365,408 $126,658
2019 $6,382 $482,419 $358,244 $124,175
2018 $6,122 $472,961 $351,220 $121,741
2016 $5,611 $454,597 $337,583 $117,014
2015 $5,389 $447,770 $332,513 $115,257
2014 $5,353 $439,000 $326,000 $113,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20039618

California Regional Multiple Listing Service (CRMLS)

APN: 7267-016-005