NOT LISTED FOR SALE

1901 E 68th St Long Beach, CA 90805

Hamilton Neighborhood

Estimated Value: $810,000 - $976,000

4 Beds
2 Baths
1,812 Sq Ft
$494/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $570,000 $315 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,225/month

61 Days on Market

About This Home

As of August 2018

Great opportunity available in the developing city of Long Beach!

Last Agent to Sell the Property

Mel Robles

Century 21 Allstars License #01169359 Listed on: 04/21/2018

Century 21 Allstars

Last Buyer's Agent

Jennifer Lee

RE/MAX 2000 REALTY License #01863579

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,637 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,812 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Private Sewer

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 29110
  • Assessor Parcel Number 7116006044

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Gross Income $385
  • Net Operating Income $2,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7116006044
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 314.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6637.00

Multi Family

  • Gross Income: 385.00
  • Gross Scheduled Income: 3000.00
  • Insurance Expense: 800.00
  • Net Operating Income: 2850.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: No

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 29110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Sou Mike
Bought by
Mike Sou And Sue Thi Ly Revocable Living Trus
Current Estimated Value
$876,521

Purchase Details

Listed on
Apr 21, 2018
Closed on
Jul 6, 2018
Sold by
Uriarte Fermin
Bought by
Sou Mike and Ly Sue T
Seller's Agent
Mel Robles
Century 21 Allstars
Buyer's Agent
Jennifer Lee
RE/MAX 2000 REALTY
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$399,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2005
Sold by
Madrid Idolina
Bought by
Uriarte Fermin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,750
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2004
Sold by
Maese Anastacio
Bought by
Uriarte Fermin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Infinity Enterprises Ltd
Bought by
Maese Anastacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.76%

Purchase Details

Closed on
Feb 12, 1996
Sold by
Wasson Robert M and Wasson Nancy C
Bought by
Infinity Enterprises Ltd Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mike Sou And Sue Thi Ly Revocable Living Trus -- None Listed On Document
Sou Mike $570,000 Old Republic Title Company
Uriarte Fermin -- Landsafe Title
Uriarte Fermin -- Landsafe Title
Uriarte Fermin $390,000 North American Title Company
Maese Anastacio $265,000 American Title Co
Infinity Enterprises Ltd Lp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sou Mike $399,000
Previous Owner Uriarte Fermin $411,750
Previous Owner Uriarte Fermin $312,000
Previous Owner Maese Anastacio $238,500
Closed Uriarte Fermin $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $570,000 -2.6% $315 / Sq Ft
06/21/2018 06/21/18 Pending -- -- --
04/21/2018 04/21/18 For Sale $585,000 -- $323 / 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 $8,240 $635,842 $334,654 $301,188
2024 $8,240 $623,376 $328,093 $295,283
2023 $8,103 $611,154 $321,660 $289,494
2022 $7,611 $599,171 $315,353 $283,818
2021 $7,458 $587,423 $309,170 $278,253
2020 $7,439 $581,400 $306,000 $275,400
2019 $7,352 $570,000 $300,000 $270,000
2018 $6,124 $477,764 $281,758 $196,006
2016 $5,632 $459,214 $270,818 $188,396
2015 $5,407 $452,318 $266,751 $185,567
2014 $5,375 $443,458 $261,526 $181,932
Source: Public Records

Agents Affiliated with this Home

  • Mel Robles

    Seller's Agent in 2018

    Mel Robles

    Century 21 Allstars

    (323) 816-6680

    15 Total Sales

    Mel Robles
    Section Image
  • Jennifer Lee

    Buyer's Agent in 2018

    Jennifer Lee

    RE/MAX

    (626) 734-7898

    59 Total Sales

    Jennifer Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18094862

California Regional Multiple Listing Service (CRMLS)

APN: 7116-006-044

California Los Angeles County Long Beach 90805 Hamilton

1901 E 68th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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