NOT LISTED FOR SALE

2026 E 15th St Long Beach, CA 90804

Cambodia Town Neighborhood

Estimated Value: $700,519 - $954,000

3 Beds
2 Baths
1,520 Sq Ft
$552/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $560,000 $368 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,270/month

306 Days on Market

About This Home

As of September 2018

Great property in great area, lots of potential. Mild fixer, rents are under market. New roof on both building & updated electric throughout completed in Dec. 2017. Triplex with lots of upside potential. Property is located near shopping, bus stops, downtown. Three garages and ample room for more parking.

Last Agent to Sell the Property

Jacqueline Ann Collins

Millennium Real Estate Service License #01275204 Listed on: 09/27/2017

Last Buyer's Agent

Daniel Kor

TM Real Estate Brokers License #00916018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,101 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • 1,520 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 7261018014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $152
  • Professional Management Expense $1,800
  • Trash Expense $598
  • Water Sewer Expense $598
  • Operating Expense $3,148
  • Gross Income $40,800
  • Net Operating Income $37,652

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1800.00
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 598.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7261018014
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 368.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 598.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5101.00

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 152.00
  • Net Operating Income: 37652.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 3148.00
  • Rent Control: No
  • Total Actual Rent: 3400.00
  • Total Expenses: 3148.00

Tax Info

  • Tax Census Tract: 5751.02
  • Tax Lot: 53
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Sep 10, 2018
Sold by
Scully Brandyn and Steen Olsen Erin
Bought by
Leang Bruce and Leang Michelle P
Seller's Agent
Jacqueline Ann Collins
Millennium Real Estate Service
Buyer's Agent
Daniel Kor
TM Real Estate Brokers
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%
Current Estimated Value
$879,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,653
Avg. Annual Appreciation
5.64%
Original Mortgage
$392,000
Outstanding Balance
$341,878
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$497,002

Purchase Details

Closed on
Jan 29, 2003
Sold by
Scully Richard M and Scully Sue M
Bought by
Scully Richard M and Scully Sue M

Purchase Details

Closed on
Nov 4, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Scully Richard M and Scully Sue M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.25%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Dodge David G and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
4.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leang Bruce $560,000 Wfg National Title Company
Scully Richard M -- --
Scully Richard M $114,000 Investors Title Company
Home Svgs Of America Fsb $88,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leang Bruce $392,000
Previous Owner Scully Richard M $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2018 09/18/18 Sold $560,000 -10.4% $368 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
09/27/2017 09/27/17 For Sale $625,000 -- $411 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,311 $624,685 $485,248 $139,437
2024 $8,311 $612,437 $475,734 $136,703
2023 $8,049 $600,429 $466,406 $134,023
2022 $7,560 $588,657 $457,261 $131,396
2021 $7,406 $577,116 $448,296 $128,820
2020 $7,388 $571,200 $443,700 $127,500
2019 $7,301 $560,000 $435,000 $125,000
2018 $3,248 $231,533 $105,240 $126,293
2017 $3,213 $226,994 $103,177 $123,817
2016 $2,992 $222,544 $101,154 $121,390
2015 $2,880 $219,202 $99,635 $119,567
2014 $2,875 $214,909 $97,684 $117,225
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jacqueline Ann Collins

    Millennium Real Estate Service

    (310) 809-3869

    5 Total Sales

    Jacqueline Ann Collins
    Section Image

  • D

    Buyer's Agent in 2018

    Daniel Kor

    TM Real Estate Brokers

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV17225165

California Regional Multiple Listing Service (CRMLS)

APN: 7261-018-014

California Los Angeles County Long Beach 90804 Cambodia Town

2026 E 15th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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