M
Seller's Agent in 2019
Malakai Sparks
The L3
(714) 655-1627
26 Total Sales
1825 E Hill St Signal Hill, CA 90755
Estimated Value: $1,045,000 - $1,263,000
3
Beds
2
Baths
2,443
Sq Ft
$464/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- 1-minute walk to Signal Hill Park
- Long Beach Polytechnic High School Rated A
About This Home
As of December 2019*5.6% Cap Rate* RARE opportunity to own this corner lot duplex with incredible views of downtown Long Beach and San Pedro harbour in one of Signal Hills up and coming areas! The first unit consists of a 2 bed,1 bath, with a den/office and has an abundance of natural light as well as a large living space. Another possibility would be to convert the downstairs den (444 sqft) into a studio apartment since there is direct access to the den from the outside. This studio already has an existing kitchen, shower, and bathroom. Title currently has the property listed as a triplex although it is being used as a duplex. The second unit is a large one bedroom one bathroom apartment. Fabulous location as you are across the street from City Hall, the brand new library, and Rec Center. Also you are minutes away from the beach, Mother's Market, great dining & entertainment, brand new shopping centers and much more. A great investment opportunity to get in early on a vastly growing area of Signal Hill. FYI the seller also owns the property next door and is willing to sell both properties as a bundled deal. You could have a 12,000 sqft corner lot to develop or combine together as a once in a lifetime rare and unique investment opportunity.
Last Buyer's Agent
Elyssa Apodaca
Keller Williams Pacific Estates La Mirada License #01945344
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,437
Year Built
- Built in 1950
Lot Details
- 7,126 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- 2,443 Sq Ft Home
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 1
- Assessor Parcel Number 7215005016
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,200
- Insurance Expense $792
- Trash Expense $196
- Water Sewer Expense $720
- Operating Expense $2,908
- Gross Income $44,400
- Net Operating Income $41,492
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2019
Closed on
Nov 25, 2019
Sold by
Macking Sandra Lynn and Johnson Deborach Jean
Bought by
Randall Aaron M and Randall Mackenzie L
Seller's Agent
Malakai Sparks
The L3
Buyer's Agent
Elyssa Apodaca
Keller Williams Pacific Estates La Mirada
List Price
$799,999
Sold Price
$775,000
Premium/Discount to List
-$24,999
-3.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,104
Avg. Annual Appreciation
6.71%
Original Mortgage
$620,000
Outstanding Balance
$546,619
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$586,485
Purchase Details
Closed on
Mar 14, 2019
Sold by
Mackinga Sandra Lynn and Johnson Deborah Jean
Bought by
Mackinga Sandra Lynn and Johnson Deborah Jean
Purchase Details
Closed on
Jul 30, 2001
Sold by
Denham Gilmore E
Bought by
Denham Gilmore E
Purchase Details
Closed on
Jan 17, 1995
Sold by
Denham Gilmore E and Denham Ada Louise
Bought by
Denham Gilmore E
Purchase Details
Closed on
Dec 23, 1994
Sold by
Denham James R and Denham Gilmore E
Bought by
Denham James R
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 |
|---|---|---|---|
| Randall Aaron M | $775,000 | Lawyers Title | |
| Mackinga Sandra Lynn | -- | None Available | |
| Denham Gilmore E | -- | -- | |
| Denham Gilmore E | -- | -- | |
| Denham Gilmore E | -- | -- | |
| Denham Gilmore E | -- | -- | |
| Denham James R | -- | -- | |
| Denham Gilmore E | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Randall Aaron M | $620,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/24/2019 12/24/19 | Sold | $775,000 | -3.1% | $317 / Sq Ft |
| 11/14/2019 11/14/19 | Pending | -- | -- | -- |
| 11/08/2019 11/08/19 | For Sale | $799,999 | -- | $327 / 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 | $11,437 | $847,572 | $656,186 | $191,386 |
| 2024 | $11,437 | $830,954 | $643,320 | $187,634 |
| 2023 | $11,249 | $814,661 | $630,706 | $183,955 |
| 2022 | $10,584 | $798,689 | $618,340 | $180,349 |
| 2021 | $10,376 | $783,029 | $606,216 | $176,813 |
| 2019 | $2,269 | $102,052 | $36,750 | $65,302 |
| 2018 | $2,152 | $100,066 | $36,030 | $64,036 |
| 2016 | $2,011 | $95,490 | $34,632 | $60,858 |
| 2015 | $1,964 | $94,056 | $34,112 | $59,944 |
| 2014 | $1,978 | $92,214 | $33,444 | $58,770 |
Source: Public Records
Agents Affiliated with this Home
-
Malakai Sparks
-
E
Buyer's Agent in 2019
Elyssa Apodaca
Keller Williams Pacific Estates La Mirada
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19261249
APN: 7215-005-016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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