NOT LISTED FOR SALE

Estimated Value: $755,000 - $1,075,000

2 Beds
2 Baths
1,704 Sq Ft
$516/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $710,000 $417 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,529/month

26 Days on Market

About This Home

As of July 2023

Investor's delight. Sold as is with tenants. Both units are occupied by long term tenants. Please do not ask the property to be vacant. Submit the offer subject to interior inspection. Please do not disturb the tenants.

Last Agent to Sell the Property

Jason Lee

Team Spirit Realty License #01845646 Listed on: 05/17/2023

Last Buyer's Agent

Moon Kim

Keller Williams Coastal Prop. License #01427914

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,888

Year Built

  • Built in 1885

Lot Details

  • 6,588

Home Design

  • 1,704 Sq Ft Home
  • Duplex
  • Cosmetic Repairs Needed
  • Fixer Upper

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 6,588 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5075-012-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,888

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1704
  • Lot Acreage: 0.1512
  • Property Condition: Fixer, Repair Cosmetic
  • Year Built: 1885
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 468.90

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 39.39
  • Assessed Improvement Value: 145016
  • Assessed Land Percent: 60.61
  • Assessed Land Value: 223101
  • Total Assessed Value: 368117
  • Assessor Parcel Number: 5075-012-025
  • Lot Size Area: 6588

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 4, 2023
Sold by
Kim Keun Tae
Bought by
Keun Tae Kim Revocable Living Trust and Kim
Seller's Agent
Jason Lee
Team Spirit Realty
Buyer's Agent
Moon Kim
Keller Williams Coastal Prop.
List Price
$799,000
Sold Price
$710,000
Premium/Discount to List
-$89,000
-11.14%
Views
21
Current Estimated Value
$878,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,658
Avg. Annual Appreciation
14.15%
Original Mortgage
$300,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2023
Closed on
Jul 5, 2023
Sold by
An Youngsim
Bought by
Kim Keun Tae
Seller's Agent
Jason Lee
Team Spirit Realty
Buyer's Agent
Moon Kim
Keller Williams Coastal Prop.
List Price
$799,000
Sold Price
$710,000
Premium/Discount to List
-$89,000
-11.14%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2016
Sold by
Sin Mee Suk
Bought by
2001-2003 Cambridge St Inc

Purchase Details

Closed on
Mar 10, 2010
Sold by
Choi Young Bok
Bought by
Sin Mee Suk

Purchase Details

Closed on
Mar 3, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Sin Mee Suk

Purchase Details

Closed on
Jul 23, 2009
Sold by
Garcia Jose A
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jan 28, 2004
Sold by
Amaya Ildefonso and Amaya Martha Alicia
Bought by
Garcia Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.61%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 29, 1996
Sold by
Delao Jose
Bought by
Amaya Ildefomso and Amaya Martha Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,250
Interest Rate
8.2%

Purchase Details

Closed on
Nov 3, 1994
Sold by
Flores Jose
Bought by
Delao Jose
Source: Public Records

Range of Values:

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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
Keun Tae Kim Revocable Living Trust -- None Listed On Document
Kim Keun Tae -- Wfg National Title
Kim Keun Tae $710,000 Wfg National Title
2001-2003 Cambridge St Inc -- None Available
Sin Mee Suk -- Servicelink
Sin Mee Suk $305,000 Servicelink
Hsbc Bank Usa National Association $323,000 None Available
Garcia Jose A $420,000 Fidelity Long Beach
Amaya Ildefomso -- --
Delao Jose -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keun Tae Kim Revocable Living $525,000
Closed Kim Keun Tae $300,000
Previous Owner 2001-2003 Cambridge St Inc $100,000
Previous Owner Garcia Jose A $594,000
Previous Owner Garcia Jose A $495,000
Previous Owner Garcia Jose A $84,000
Previous Owner Garcia Jose A $336,000
Previous Owner Amaya Ildefonso $0
Previous Owner Amaya Ildefonso $165,845
Previous Owner Amaya Ildefonso $35,000
Previous Owner Amaya Ildefomso $157,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $710,000 -11.1% $417 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $799,000 -- $469 / Sq Ft
Source: The MLS

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 $8,888 $724,200 $504,900 $219,300
2024 $8,888 $710,000 $495,000 $215,000
2023 $4,877 $375,479 $227,563 $147,916
2022 $4,663 $368,117 $223,101 $145,016
2021 $4,598 $360,900 $218,727 $142,173
2019 $4,467 $350,198 $212,241 $137,957
2018 $4,385 $343,332 $208,080 $135,252
2016 $4,216 $332,569 $272,599 $59,970
2015 $4,157 $327,575 $268,505 $59,070
2014 $4,185 $321,159 $263,246 $57,913
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-271605

The MLS

APN: 5075-012-025