NOT LISTED FOR SALE

1871 Lime Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $959,000 - $1,289,000

3 Beds
3 Baths
2,531 Sq Ft
$429/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $550,000 $217 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,364/month

105 Days on Market

Highlights

  • Stables
  • No HOA
  • Doors swing in
  • Long Beach Polytechnic High School Rated A
  • Bungalow
  • Family Room

About This Home

As of October 2014

(GOT OFFER) Great for first time buyer. Properties consists of 3 units, live in one and rent the others to help with mortgage payment. Front house is 2beds and 2baths and the other two is 1bed and 1bath each. It has two detached buildings with the other two units on the back are built on top of the car garages. Great size of lots, very spacious. Don't miss the opportunity!

Last Agent to Sell the Property

Jim Chhun

First American Team Realty Inc License #01359353 Listed on: 04/21/2014

Last Buyer's Agent

Jim Chhun

First American Team Realty Inc License #01359353 Listed on: 04/21/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 8,754 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition

Parking

  • 3 Car Garage
  • Parking Available
  • Unassigned Parking

Home Design

  • Bungalow
  • Property Attached
  • Permanent Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,531 Sq Ft Home
  • Panel Doors
  • Family Room
  • Carpet
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Doors swing in
  • Stables
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 18
  • Tax Tract Number 1
  • Assessor Parcel Number 7210016003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $924
  • Trash Expense $636
  • Water Sewer Expense $1,020
  • New Taxes Expense $6,875
  • Gross Income $3,185
  • Net Operating Income $28,765

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Water Sewer Expenses: 1020.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7210016003
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 217.31
  • Room Type: Family Room

Exterior Features

  • Foundation: Permanent
  • Exterior Features: Stable
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Trash Expense: 636.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 8754.00
  • Lot Size Acres: 0.2010

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 3185.00
  • Gross Scheduled Income: 38220.00
  • Insurance Expense: 924.00
  • Lot Size Area: 8754.0000 Square Feet
  • Net Operating Income: 28765.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 9455.00
  • Rent Control: No
  • Total Actual Rent: 3185.00

Tax Info

  • New Taxes Expense: 6875.00
  • Tax Lot: 18
  • Tax Tract Number: 1
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2019
Sold by
Seng Richard Reaksar
Bought by
Seng Richard Reaksar and The Richard Reaksar Seng Living Trust
Current Estimated Value
$1,075,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$414,231
Interest Rate
3.8%
Estimated Equity
$672,639

Purchase Details

Closed on
Mar 19, 2018
Sold by
Seng Richard Reaksar
Bought by
Seng Richard Reaksar and Richard Seng Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2015
Sold by
Seng Richard Reaksar
Bought by
Seng Richard Reaksar and The Richard Reaksar Seng Livin

Purchase Details

Listed on
Apr 21, 2014
Closed on
Aug 8, 2014
Sold by
Chhouk Chealing and Chhouk Sunnyrose
Bought by
Seng Richard Reaksar
Seller's Agent
Jim Chhun
First American Team Realty Inc
Buyer's Agent
Jim Chhun
First American Team Realty Inc
List Price
$550,000
Sold Price
$550,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$405,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2005
Sold by
Chhouk Chealing
Bought by
Chhouk Chealing and Chhouk Sunnyrose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 1994
Sold by
Ogawa Robert T
Bought by
Ogawa Robert Tokiji and The Robert Tokiji Ogawa Revoca
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seng Richard Reaksar -- Western Resources Title
Seng Richard Reaksar -- Western Resources Title
Seng Richard Reaksar -- Ticor Title Company
Seng Richard Reaksar -- Ticor Title Company
Seng Richard Reaksar -- None Available
Seng Richard Reaksar $550,000 Ticor Title
Chhouk Chealing -- Ticor Title Co Fullerton
Chhouk Chealing -- Ticor Title Co Fullerton
Ogawa Robert Tokiji -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seng Richard Reaksar $472,000
Previous Owner Seng Richard Reaksar $462,000
Previous Owner Seng Richard Reaksar $405,000
Previous Owner Chhouk Chealing $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2014 10/01/14 Sold $550,000 0.0% $217 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
04/21/2014 04/21/14 For Sale $550,000 -- $217 / 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 $8,905 $661,008 $240,367 $420,641
2024 $8,905 $648,048 $235,654 $412,394
2023 $8,288 $635,342 $231,034 $404,308
2022 $8,118 $622,885 $226,504 $396,381
2021 $7,950 $610,672 $222,063 $388,609
2020 $7,929 $604,412 $219,787 $384,625
2019 $7,837 $592,562 $215,478 $377,084
2018 $7,518 $580,944 $211,253 $369,691
2016 $6,913 $558,387 $203,050 $355,337
2015 $6,639 $550,000 $200,000 $350,000
2014 $3,018 $224,141 $109,419 $114,722
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jim Chhun

    First American Team Realty Inc

    (562) 818-0837

    3 in this area

    13 Total Sales

    Jim Chhun
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14081464

California Regional Multiple Listing Service (CRMLS)

APN: 7210-016-003

California Los Angeles County Long Beach 90806 Sunrise

1871 Lime Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes