NOT LISTED FOR SALE
1 Bed
2 Baths
10,776 Sq Ft
8,257 Sq Ft Lot

Sale Details

Date Sold: December 10, 2019

Last sale price $4,250,000 $394 Per Sq Ft

14 Days on Market

Highlights

  • 0.19 Acre Lot
  • Rectangular Lot
  • 3-minute walk to Bixby Park
  • Long Beach Polytechnic High School Rated A

About This Home

As of December 2019

Sold before processing

Last Agent to Sell the Property

Richard Gaylord

Re/Max R. E. Specialists License #00680197 Listed on: 09/25/2019

Re/Max R. E. Specialists

Last Buyer's Agent

Byron Field

Keller Williams Larchmont License #01934775

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 8,257 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • 10,776 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 17 / 51
  • Assessor Parcel Number 7265018019

Community Details

Overview

  • 17 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,700
  • Professional Management Expense $12,000
  • Trash Expense $480
  • Water Sewer Expense $1,080
  • New Taxes Expense $5,490
  • Operating Expense $20,750
  • Gross Income $21,000
  • Net Operating Income $16,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

8,257 Sq Ft Lot

Listing Details

  • Professional Management Expense: 12000.00
  • Property Attached: No
  • Water Sewer Expenses: 1080.00
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7265018019
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 394.39

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 480.00
  • Water Source: Public

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: Rectangular Lot
  • Lot Size Sq Ft: 8257.00
  • Lot Size Acres: 0.1896

Multi Family

  • Gross Income: 21000.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 8257.0000 Square Feet
  • Net Operating Income: 16000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 17
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 20750.00

Tax Info

  • New Taxes Expense: 5490.00
  • Tax Block: 51
  • Tax Census Tract: 5766.02
  • Tax Lot: 17

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Bought by

Purchase Details

Listed on
Sep 25, 2019
Closed on
Jan 28, 2020
Sold by
Bought by
Seller's Agent
Richard Gaylord
Re/Max R. E. Specialists
Buyer's Agent
Byron Field
Keller Williams Larchmont
List Price
$4,600,000
Sold Price
$4,250,000
Premium/Discount to List
-$350,000
-7.61%

Purchase Details

Listed on
Sep 25, 2019
Closed on
Oct 16, 2019
Sold by
Bought by
Seller's Agent
Richard Gaylord
Re/Max R. E. Specialists
Buyer's Agent
Byron Field
Keller Williams Larchmont
List Price
$4,600,000
Sold Price
$4,250,000
Premium/Discount to List
-$350,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
0.0375%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Accommodation
$4,250,000 First American Title Company
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,730,000
Previous Owner $2,800,000
Previous Owner $2,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $4,250,000 -7.6% $394 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $4,600,000 -- $427 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $62,330 $4,647,994 $1,367,057 $3,280,937
2024 $59,631 $4,556,857 $1,340,252 $3,216,605
2023 $58,613 $4,467,508 $1,313,973 $3,153,535
2022 $55,002 $4,379,910 $1,288,209 $3,091,701
2021 $53,892 $4,294,030 $1,262,950 $3,031,080
2020 $53,753 $4,252,700 $1,250,000 $3,002,700
2019 $8,074 $446,406 $100,854 $345,552
2018 $7,779 $437,707 $98,877 $338,830
2016 $7,138 $418,118 $95,039 $323,079
2015 $6,905 $411,839 $93,612 $318,227
2014 $6,956 $403,773 $91,779 $311,994
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19278926

California Regional Multiple Listing Service (CRMLS)
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