NOT LISTED FOR SALE

Estimated Value: $780,000 - $956,000

3 Beds
2 Baths
1,797 Sq Ft
$485/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $675,000 $376 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,373/month

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • Wrought Iron Fence
  • No HOA
  • Laundry Room
  • Heating System Uses Natural Gas

About This Home

As of August 2021

This is corner lot with 2 detached units. The main home is a 2 bedroom 1 bathroom with an attached garage. The second unit is a 1 bedroom 1 bathroom with an attached garage.

Last Agent to Sell the Property

Oscar Jimenez

First Team Real Estate License #01260075 Listed on: 08/24/2021

First Team Real Estate

Last Buyer's Agent

Lubin Montalvo

PAK HOME REALTY License #01770231

PAK HOME REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,202 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,797 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Suburban Location
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, gas
  • Legal Lot and Block 29 / E
  • Tax Tract Number 63005
  • Assessor Parcel Number 7303016018
  • $2,865 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $680
  • Insurance Expense $1,100
  • Trash Expense $98
  • Water Sewer Expense $1,440
  • New Taxes Expense $2,865
  • Operating Expense $6,186
  • Gross Income $31,500
  • Net Operating Income $25,314

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: Yes
  • Water Sewer Expenses: 1440.00
  • Zoning: LBR1N
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 680.00
  • Parcel Number: 7303016018
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 375.63
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 98.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7202.00
  • Lot Size Acres: 0.1653

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas

Multi Family

  • Gross Operating Income: 31500.00
  • Gross Scheduled Income: 31500.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 7202.0000 Square Feet
  • Net Operating Income: 25314.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Operating Expense: 6186.00
  • Rent Control: Yes
  • Total Actual Rent: 2625.00
  • Total Expenses: 6186.00

Tax Info

  • New Taxes Expense: 2865.00
  • Tax Block: E
  • Tax Census Tract: 5704.04
  • Tax Lot: 29
  • Tax Tract Number: 63005
  • TaxOtherAnnualAssessmentAmount: 2865.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 For Sale $675,000 0.0% $376 / Sq Ft
08/23/2021 08/23/21 Sold $675,000 -- $376 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
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 $9,653 $716,315 $424,483 $291,832
2024 $9,246 $702,270 $416,160 $286,110
2023 $9,100 $688,500 $408,000 $280,500
2022 $8,554 $675,000 $400,000 $275,000
2021 $2,873 $198,374 $75,196 $123,178
2020 $2,865 $196,340 $74,425 $121,915
2019 $2,831 $192,491 $72,966 $119,525
2018 $2,661 $188,718 $71,536 $117,182
2016 $2,442 $181,392 $68,759 $112,633
2015 $2,348 $178,669 $67,727 $110,942
2014 $2,342 $175,170 $66,401 $108,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21130730

California Regional Multiple Listing Service (CRMLS)

APN: 7303-016-018