NOT LISTED FOR SALE
8 Beds
4 Baths
4,672 Sq Ft
5,407 Sq Ft Lot

Sale Details

Date Sold: June 27, 2012

Last sale price $625,000 $134 Per Sq Ft

16 Days on Market

Highlights

  • Spanish Architecture
  • 5-minute walk to Anaheim Station
  • No Heating
  • Long Beach Polytechnic High School Rated A
  • Wood Siding

About This Home

As of June 2012

A six-unit two-story apartment building constructed in 1915 of wood frame and stucco. The unit mix consists of two-single/one-bath units, two one-bedroom/one-bath units, and one three-bedroom/one-and a- half bath unit, one four-bedroom/one-bathroom unit and two garages. Gas and electric are separately metered and paid by each of the tenants, keeping the expenses to a minimum for the owner. The property runs very efficiently with low maintenance and has retained long-term tenants.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 03/24/2012

Last Buyer's Agent

Marty Stone

Buckingham Investments License #00416755

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 5,407

Parking

  • 1 Car Garage
  • Front Facing Garage
  • Parking Lot

Home Design

  • 4,672 Sq Ft Home
  • Spanish Architecture
  • Wood Siding
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,407 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 7273007038

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $415
  • Insurance Expense $2,136
  • Maintenance Expense $3,600
  • Other Expense $1,500
  • Professional Management Expense $4,147
  • Water Sewer Expense $1,817
  • New Taxes Expense $7,959
  • Gross Income $6,060
  • Net Operating Income $48,986

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

5,407 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 7.84
  • Professional Management Expense: 4147.00
  • View: No
  • Water Sewer Expenses: 1817.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7273007038
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 133.78

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Garage Faces Front, Parking Space
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5407.00
  • Lot Size Acres: 0.1240

Multi Family

  • Electric Expense: 415.00
  • Gross Income: 6060.00
  • Gross Multiplier: 8.59
  • Gross Scheduled Income: 72720.00
  • Insurance Expense: 2136.00
  • Lot Size Area: 5407.0000 Square Feet
  • Maintenance Expense: 3600.00
  • Net Operating Income: 48986.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 21574.00
  • Other Expense: 1500.00
  • Other Expense Description: Misc/Res

Tax Info

  • New Taxes Expense: 7959.00
  • Tax Area: 11934
  • Tax Lot: 0.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 9, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 6, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 29, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 18, 2013
Sold by
Bought by

Purchase Details

Closed on
Nov 7, 2012
Sold by
Bought by

Purchase Details

Listed on
Mar 24, 2012
Closed on
Jun 13, 2012
Sold by
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Marty Stone
Buckingham Investments
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 24, 2012
Closed on
Jun 12, 2012
Sold by
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Marty Stone
Buckingham Investments
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 24, 2012
Closed on
May 2, 2012
Sold by
Bought by
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Marty Stone
Buckingham Investments
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,670
Interest Rate
5.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 1998
Sold by
Bought by

Purchase Details

Closed on
Aug 13, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Progressive Title Company
-- Progressive Title Company
$932,000 Progressive Title Co
-- None Available
-- None Available
-- Fidelity National Title
-- Fidelity National Title
$625,000 Fidelity National Title
$343,000 None Available
$468,000 Ortc
-- Southland Title Corporation
$328,000 Southland Title Company
$175,000 Southland Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,350,000
Closed $1,068,750
Closed $809,250
Previous Owner $540,000
Previous Owner $468,750
Previous Owner $468,750
Previous Owner $468,750
Previous Owner $6,000
Previous Owner $200,000
Previous Owner $58,784
Previous Owner $327,670
Previous Owner $246,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/27/2012 06/27/12 Sold $625,000 0.0% $134 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
03/24/2012 03/24/12 For Sale $625,000 -- $134 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,670 $1,120,055 $781,199 $338,856
2024 $14,968 $1,098,094 $765,882 $332,212
2023 $14,707 $1,076,564 $750,865 $325,699
2022 $13,819 $1,055,456 $736,143 $319,313
2021 $13,520 $1,034,761 $721,709 $313,052
2019 $13,327 $1,004,751 $700,303 $304,448
2018 $12,954 $985,064 $686,572 $298,492
2016 $11,915 $946,161 $659,912 $286,249
2015 $8,385 $659,787 $462,929 $196,858
2014 $8,276 $640,393 $450,837 $189,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P817459

California Regional Multiple Listing Service (CRMLS)
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