NOT LISTED FOR SALE

Estimated Value: $1,030,000 - $1,390,000

1 Bed
1 Bath
2,176 Sq Ft
$578/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $798,880 $367 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,797/month

106 Days on Market

Highlights

  • Bungalow
  • 4 Car Garage
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A

About This Home

As of March 2018

GREAT 4 SEPERATED UNITS WITH PRIVATE DECKS, 4 SEPERATED GARAGES, LONG TERM TENANTS, CLOSE TO PUBLIC TRANSPORTATIONS AND SHOPPINGS. NEWER ROOF, NEWER ELECTRICAL SYSTEM, NEWER WINDOWS, NEWER WATER HEATERS. EACH UNIT HAS ITS OWN LAUNDRY ROOM.

Last Agent to Sell the Property

Ami Endo

IRN Realty License #00961054 Listed on: 11/09/2017

Last Buyer's Agent

Ami Endo

IRN Realty License #00961054 Listed on: 11/09/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,908

Year Built

  • Built in 1923

Lot Details

  • 6,736 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Parking Lot

Home Design

  • 2,176 Sq Ft Home
  • Bungalow

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Tax Tract Number 5
  • Assessor Parcel Number 7261017004

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $700
  • Water Sewer Expense $2,640
  • New Taxes Expense $7,988
  • Operating Expense $12,128
  • Gross Income $52,620
  • Net Operating Income $40,492

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,908

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 2640.00
  • Zoning: LBR2N
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7261017004
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 367.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6736.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Gross Income: 52620.00
  • Gross Scheduled Income: 52620.00
  • Insurance Expense: 700.00
  • Net Operating Income: 40492.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4535.00
  • Total Expenses: 12128.00

Tax Info

  • New Taxes Expense: 7988.00
  • Tax Census Tract: 5752.02
  • Tax Lot: 6
  • Tax Tract Number: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2017
Closed on
Mar 8, 2018
Sold by
Opm Management Llc
Bought by
Tran Ciendy Issa and Ciendy I Tran Living Trust
Seller's Agent
Ami Endo
IRN Realty
Buyer's Agent
Ami Endo
IRN Realty
List Price
$798,800
Sold Price
$798,880
Premium/Discount to List
$80
0.01%
Current Estimated Value
$1,258,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,696
Avg. Annual Appreciation
5.98%
Original Mortgage
$519,220
Outstanding Balance
$445,194
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$787,998

Purchase Details

Closed on
Jun 16, 2016
Sold by
Mendoza Osvaldo and Perales Rosa
Bought by
Opm Management Llc

Purchase Details

Listed on
May 7, 2015
Closed on
Sep 15, 2015
Sold by
Jb & Rb Properties
Bought by
Mendoza Osvaldo and Perales Rosa
Seller's Agent
Frank Marshall
Buyer's Agent
Ami Endo
IRN Realty
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Original Mortgage
$390,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 7, 2015
Closed on
Sep 2, 2015
Sold by
Barr Jeffrey Scott and Barr Randolph J
Bought by
Jb & Rb Properties
Seller's Agent
Frank Marshall
Buyer's Agent
Ami Endo
IRN Realty
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2012
Sold by
Barr Jeffrey Scott
Bought by
Barr Jeffrey Scott and Barr Randolph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2008
Sold by
Barr Patricia
Bought by
Barr Jeff

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Barr Jeffrey and Barr Randolph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2007
Sold by
Franks Lois and Franks Od
Bought by
Deutsche Bank National Trust Co and Soundview Home Loan Trust 2006-Opt5 Asse

Purchase Details

Closed on
Jan 19, 2006
Sold by
Conti Richard B and Conti Delores
Bought by
Franks Od and Franks Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,100
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2001
Sold by
Blair Mark and Vladovich Richard A
Bought by
Conti Richard B and Conti Delores

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
6.91%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Blair Mark and Vladovich Richard A
Bought by
Blair Mark and Vladovich Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 8, 1997
Sold by
Wilmor Laurie
Bought by
Blair Mark and Vladovich Richard A

Purchase Details

Closed on
Jun 21, 1996
Sold by
Crawford Michael
Bought by
Parker Donna
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
Tran Ciendy Issa $799,000 Fidelity National Title
Opm Management Llc -- None Available
Mendoza Osvaldo $640,000 Ticor Title
Jb & Rb Properties -- Accommodation
Barr Jeffrey Scott -- Accommodation
Barr Jeffrey -- Lsi
Barr Jeff -- First American Title
Barr Randy -- First American Title Company
Barr Jeffrey $435,000 First American Title
Deutsche Bank National Trust Co $535,500 None Available
Franks Od $599,000 Orange Coast Title
Conti Richard B $390,000 Commonwealth Title
Blair Mark -- --
Blair Mark -- --
Blair Mark $81,500 --
Parker Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Ciendy Issa $519,220
Previous Owner Mendoza Osvaldo $390,000
Previous Owner Barr Jeffrey $308,000
Previous Owner Barr Jeffrey $315,593
Previous Owner Barr Jeffrey $326,000
Previous Owner Franks Od $539,100
Previous Owner Conti Richard B $312,000
Previous Owner Blair Mark $270,000
Previous Owner Blair Mark $60,000
Previous Owner Blair Mark $100,119
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2018 03/20/18 Sold $798,880 0.0% $367 / Sq Ft
02/24/2018 02/24/18 For Sale $798,800 0.0% $367 / Sq Ft
02/20/2018 02/20/18 Off Market $798,880 -- --
11/09/2017 11/09/17 For Sale $798,800 +24.8% $367 / Sq Ft
10/07/2015 10/07/15 Sold $640,000 -1.5% $294 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $649,900 -- $299 / 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 $11,908 $909,120 $625,804 $283,316
2024 $11,908 $891,295 $613,534 $277,761
2023 $11,705 $873,819 $601,504 $272,315
2022 $10,995 $856,686 $589,710 $266,976
2021 $10,774 $839,890 $578,148 $261,742
2020 $10,747 $831,279 $572,220 $259,059
2019 $10,621 $814,980 $561,000 $253,980
2018 $8,656 $665,856 $457,776 $208,080
2016 $7,970 $640,000 $440,000 $200,000
2015 $5,911 $475,412 $327,871 $147,541
2014 $5,887 $466,100 $321,449 $144,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17254930

California Regional Multiple Listing Service (CRMLS)

APN: 7261-017-004