NOT LISTED FOR SALE

2027 Martin Luther King jr Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $951,000 - $1,123,000

6 Beds
3 Baths
2,412 Sq Ft
$432/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $639,000 $265 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,494/month

76 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Neighborhood Views
  • Long Beach Polytechnic High School Rated A
  • Private Yard
  • 5-minute walk to Martin Luther King Jr Park

About This Home

As of May 2017

BACK ON THE MARKET. LIVE IN FRONT HOUSE AND RENT THE 2 UNITS. WALKING DISTANCE TO POLY HIGH SCHOOL. NEAR SHOPS AND FREEWAYS.
LONG TIME TENANTS PLEASE DO NOT DISTURB. PRICE TO SELL. HURRY !!! WONT LAST

Last Agent to Sell the Property

Katelyn Huynh

Aegis Real Estate and REO Inc. License #01721963 Listed on: 02/02/2017

Last Buyer's Agent

PHUONG SAM TRAN

Pinnacle Real Estate Group License #00924964

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,740

Year Built

  • Built in 1938

Lot Details

  • 6,764 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Private Yard
  • Front Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,412 Sq Ft Home
  • Neighborhood Views
  • Gas Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5732
  • Assessor Parcel Number 7210005017

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3
  • Insurance Expense $1,100
  • Water Sewer Expense $100
  • New Taxes Expense $7,000
  • Operating Expense $1,100
  • Gross Income $33,600
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,740

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7210005017
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 264.93

Exterior Features

  • Foundation: Raised, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Cooktop, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Park Nearby, Paved, Yard
  • Lot Size Sq Ft: 6764.00

Multi Family

  • Electric Expense: 3.00
  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 1200.00
  • 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: 1200.00
  • Rent Control: No
  • Total Expenses: 1100.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Census Tract: 5732.02
  • Tax Lot: 18
  • Tax Tract Number: 5732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2017
Sold by
Wei Kathy
Bought by
Wei Kathy and Kathy Wei Trust
Current Estimated Value
$1,042,846

Purchase Details

Listed on
Feb 2, 2017
Closed on
Apr 20, 2017
Sold by
Nguyen Corby D and Ngo Hoang Thoi
Bought by
Wei Kathy
Seller's Agent
Katelyn Huynh
Aegis Real Estate and REO Inc.
Buyer's Agent
PHUONG SAM TRAN
Pinnacle Real Estate Group
List Price
$679,000
Sold Price
$639,000
Premium/Discount to List
-$40,000
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$423,500
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2011
Sold by
Nguyen Corby D
Bought by
Nguyen Corby D and Ngo Hoang T

Purchase Details

Closed on
Jun 14, 2007
Sold by
Ngo Hoang Thoi and Huynh Lexuan Thi
Bought by
Nguyen Corby Dinh

Purchase Details

Closed on
Feb 15, 2005
Sold by
Ngo Hoang Thoi and Huynh Lexuan Thi
Bought by
Ngo Hoang Thoi and Huynh Lexuan Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
5.53%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2004
Sold by
Ngo Hoang and Huynh Lexuan
Bought by
Nguyen Dinh and Ngo Hoang

Purchase Details

Closed on
Jul 20, 2001
Sold by
Clifton Judy O and Olsen Julia
Bought by
Thi Hoang Ngo Thou and Thi Lexuan Huynh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,750
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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
Wei Kathy -- None Available
Wei Kathy $639,000 Chicago Title Company
Nguyen Corby D -- Chicago Title Company
Nguyen Corby D -- None Available
Nguyen Corby Dinh -- None Available
Ngo Hoang Thoi -- Chicago Title Co
Nguyen Dinh -- --
Thi Hoang Ngo Thou $229,000 Commonwealth Land Title Co
Clifton Judy O -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Kathy $518,000
Closed Wei Kathy $423,500
Previous Owner Ngo Hoang Thoi $342,000
Previous Owner Thi Hoang Ngo Thou $171,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $639,000 0.0% $265 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/15/2017 04/15/17 Price Changed $639,000 -5.9% $265 / Sq Ft
02/02/2017 02/02/17 For Sale $679,000 -- $282 / 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 $9,740 $741,609 $290,145 $451,464
2024 $9,740 $727,068 $284,456 $442,612
2023 $9,576 $712,813 $278,879 $433,934
2022 $8,998 $698,837 $273,411 $425,426
2021 $8,814 $685,135 $268,050 $417,085
2020 $8,791 $678,591 $265,302 $413,289
2019 $8,689 $665,295 $260,100 $405,195
2018 $8,390 $652,260 $255,000 $397,260
2016 $6,175 $500,000 $222,200 $277,800
2015 $5,678 $470,000 $208,900 $261,100
2014 $5,298 $430,000 $191,100 $238,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Katelyn Huynh

    Aegis Real Estate and REO Inc.

    (562) 900-5737

    4 Total Sales

    Katelyn Huynh
    Section Image

  • P

    Buyer's Agent in 2017

    PHUONG SAM TRAN

    Pinnacle Real Estate Group

    (626) 287-4300

    17 Total Sales

    PHUONG SAM TRAN
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17023825

California Regional Multiple Listing Service (CRMLS)

APN: 7210-005-017

California Los Angeles County Long Beach 90806 Sunrise

2027 Martin Luther King jr Ave, Long Beach, CA

This home is located at 2027 Martin Luther King jr Ave, Long Beach, CA 90806 since 02 February 2017 and is currently estimated at $1,042,846, approximately $432 per square foot. This property was built in 1938. 2027 Martin Luther King jr Ave is a home located in Los Angeles County with nearby schools including Signal Hill Elementary School, Nelson Academy, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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