NOT LISTED FOR SALE

Estimated Value: $854,000 - $926,000

4 Beds
3 Baths
1,767 Sq Ft
$502/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $805,000 $456 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,766/month

28 Days on Market

Highlights

  • Property is near public transit
  • 4 Car Garage
  • Front Yard
  • Long Beach Polytechnic High School Rated A

About This Home

As of March 2022

THIS IS A GREAT INVESTMENT FOR OWNER OCCUPIED OR INVESTMENT, THERE ARE TWO SEPARATE STRUCTURES WITH A TWO BEDROOM IN THE FRONT UNIT AND THERE ARE TWO APARTMENTS ON TOP OF THE GARAGES EACH UNIT IS 1 BEDROOM 1 BATHROOM, THERE ARE 4 GARAGES TO FIT ONE CAR IN EACH ONE. WALKING DISTANCE TO POLY HIGH SCHOOL, PARKS, DOWNTOWN LONG BEACH ETC. COME SEE IT.

Last Agent to Sell the Property

Eduardo Morales

Amberwood Real Estate, Inc. License #01110708 Listed on: 01/31/2022

Amberwood Real Estate, Inc.

Last Buyer's Agent

Eduardo Morales

Berkshire Hathaway H.S.C.P. License #01970025

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,250

Year Built

  • Built in 1928

Lot Details

  • 6,503 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Interior Spaces

  • 1,767 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 20 / G
  • Assessor Parcel Number 7210011020
  • $551 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Poly High Subdivision

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $36,000
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,250

Year Built

Built in 1928

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Price Per Unit: 266633
  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7210011020
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 455.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit, Walkstreet
  • Lot Size Sq Ft: 6503.00
  • Lot Size Acres: 0.1493

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 6503.0000 Square Feet
  • Net Operating Income: 34800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 1200.00
  • Rent Control: Yes

Tax Info

  • Tax Block: G
  • Tax Census Tract: 5732.02
  • Tax Lot: 20
  • Tax Tract Number: METCAL
  • TaxOtherAnnualAssessmentAmount: 551.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 11, 2022
Sold by
Estrada Maria E
Bought by
Urzua Dante F and Urzua Maria E
Seller's Agent
Eduardo Morales
Amberwood Real Estate, Inc.
Buyer's Agent
Eduardo Morales
Berkshire Hathaway H.S.C.P.
List Price
$799,900
Sold Price
$805,000
Premium/Discount to List
$5,100
0.64%
Current Estimated Value
$886,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,193
Avg. Annual Appreciation
2.79%
Original Mortgage
$644,000
Outstanding Balance
$601,235
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$283,871
Source: Public Records

Range of Values:

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Average Value
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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
Urzua Dante F $805,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urzua Dante F $644,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $805,000 +0.6% $456 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $799,900 -- $453 / 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 $11,250 $854,271 $636,724 $217,547
2024 $11,250 $837,522 $624,240 $213,282
2023 $10,821 $821,100 $612,000 $209,100
2022 $4,103 $295,750 $161,624 $134,126
2021 $4,010 $289,952 $158,455 $131,497
2020 $4,000 $287,300 $156,831 $130,469
2019 $3,954 $281,674 $153,756 $127,918
2018 $3,811 $276,159 $150,742 $125,417
2016 $3,509 $265,131 $144,890 $120,241
2015 $3,376 $261,149 $142,714 $118,435
2014 $3,368 $256,035 $139,919 $116,116
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22019200

California Regional Multiple Listing Service (CRMLS)

APN: 7210-011-020