NOT LISTED FOR SALE

Estimated Value: $833,720 - $893,000

4 Beds
3 Baths
1,640 Sq Ft
$521/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $815,000 $497 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,626/month

88 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wrought Iron Fence
  • Woodrow Wilson High School Rated A
  • Bike Trail
  • 1-Story Property

About This Home

As of June 2024

Welcome to this updated Triplex in Long Beach, conveniently located just 8 minutes away from downtown Long Beach. This property offers a unique opportunity to own two separate buildings on one lot. The front building is a charming duplex, with each unit featuring 1 bed and 1 bathroom. Both units have updated floors, providing a modern and stylish touch. The back building is a spacious unit that offers 2 bedrooms plus a den and 1 bathroom. This unit is perfect for a family or roommates, offering plenty of space to live comfortably.This Triplex is perfect for investors or owner-occupiers looking for a versatile property that can accommodate multiple tenants. The two buildings are separated by a peaceful courtyard that offers a serene outdoor space to relax and unwind. With its prime location, updated features, and versatile layout, this Triplex is a must-see for anyone looking to invest in Long Beach real estate. Don't miss out on this amazing opportunity!

Last Agent to Sell the Property

Dennis Cid

Circle Real Estate Brokerage Phone: 562-222-9315 License #02106156 Listed on: 02/02/2024

Circle Real Estate

Last Buyer's Agent

Sam Stapleton-Cotton

Y Realty License #01492289

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,327

Year Built

  • Built in 1921

Lot Details

  • 4,335 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • Public Parking
  • Parking Available

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 575
  • Assessor Parcel Number 7261018012
  • $583 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Eastside Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,500
  • Water Sewer Expense $2,400
  • Operating Expense $7,500
  • Gross Income $54,820
  • Net Operating Income $54,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,327

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 278333
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LBCNR
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7261018012
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: /
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 496.95
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Public

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4335.00
  • Lot Size Acres: 0.0995
  • Latitude Manual: 33.78622600

Multi Family

  • Gross Income: 54820.00
  • Gross Scheduled Income: 60720.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 4335.0000 Square Feet
  • Net Operating Income: 54820.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 4000.00
  • Rent Control: No
  • Total Expenses: 7500.00

Tax Info

  • Tax Census Tract: 5751.02
  • Tax Lot: 53
  • Tax Tract Number: 575...
  • TaxOtherAnnualAssessmentAmount: 583.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
May 27, 2024
Sold by
Kim Sobun
Bought by
Kim Sunthan
Seller's Agent
Dennis Cid
Circle Real Estate
Buyer's Agent
Sam Stapleton-Cotton
Y Realty
List Price
$835,000
Sold Price
$815,000
Premium/Discount to List
-$20,000
-2.4%
Views
222
Current Estimated Value
$855,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,180
Avg. Annual Appreciation
4.09%
Original Mortgage
$652,000
Outstanding Balance
$644,375
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$210,805

Purchase Details

Closed on
Jun 18, 2021
Sold by
Mitchell Willette
Bought by
Contreras Horacio Fernandez and Fernandez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,565
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2006
Sold by
Akubuilo Assumpta
Bought by
Akubuilo Assumpta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 2006
Sold by
Akubuilo Assumpta
Bought by
Mitchell Willette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Akubuilo Francis
Bought by
Akubuilo Assumpta

Purchase Details

Closed on
Mar 2, 2004
Sold by
Fisher Jordan J and Fisher Melissa Mcdade
Bought by
Akubuilo Francis and Akubuilo Assumpta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2003
Sold by
Cal Star Development Llc
Bought by
Fisher Jordan J and Fisher Melissa Mcdade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,920
Interest Rate
5.71%

Purchase Details

Closed on
Aug 22, 2001
Sold by
Cal Star Group
Bought by
Cal Star Development Llc

Purchase Details

Closed on
May 22, 2001
Sold by
Lay Kheng and Ly Nay Ky
Bought by
Cal Star Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,200
Interest Rate
7.15%

Purchase Details

Closed on
Jun 14, 1999
Sold by
Lay Kheng and Ly Nay Ky
Bought by
Lay Kheng and Ly Nay Ky
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kim Sunthan -- Orange Coast Title
Kim Tiffany Meyly -- Orange Coast Title
Fernandez Ruben -- Orange Coast Title
Kim Tiffany Meyly $815,000 Orange Coast Title Company
Contreras Horacio Fernandez $830,000 Lawyers Title Company
Akubuilo Assumpta -- First American Title Co
Mitchell Willette $495,000 First American Title Co
Akubuilo Assumpta -- --
Akubuilo Francis $394,500 Landsafe Title
Fisher Jordan J $230,000 First American Title Ins Co
Cal Star Development Llc -- Fidelity National Title
Cal Star Group Llc $139,000 Fidelity Title
Lay Kheng -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Tiffany Meyly $652,000
Previous Owner Contreras Horacio Fernandez $730,565
Previous Owner Mitchell Willette $420,000
Previous Owner Akubuilo Assumpta $99,000
Previous Owner Mitchell Willette $346,500
Previous Owner Akubuilo Francis $459,000
Previous Owner Akubuilo Francis $315,400
Previous Owner Fisher Jordan J $231,000
Previous Owner Fisher Jordan J $183,920
Previous Owner Cal Star Group Llc $146,200
Closed Akubuilo Francis $39,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $815,000 -2.4% $497 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $835,000 +0.6% $509 / Sq Ft
09/02/2021 09/02/21 Sold $830,000 -0.3% $506 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $832,777 -- $508 / 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 $11,327 $831,300 $438,600 $392,700
2024 $11,327 $863,532 $520,200 $343,332
2023 $11,135 $846,600 $510,000 $336,600
2022 $10,453 $830,000 $500,000 $330,000
2021 $7,852 $612,677 $266,110 $346,567
2020 $7,832 $606,396 $263,382 $343,014
2019 $7,740 $594,507 $258,218 $336,289
2018 $7,490 $582,851 $253,155 $329,696
2016 $6,896 $560,221 $243,326 $316,895
2015 $6,620 $551,807 $239,672 $312,135
2014 $6,582 $540,999 $234,978 $306,021
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24024671

California Regional Multiple Listing Service (CRMLS)

APN: 7261-018-012