NOT LISTED FOR SALE

208 E Artesia Blvd Long Beach, CA 90805

Coolidge Triangle Neighborhood

Estimated Value: $1,223,000 - $1,536,900

12 Beds
4 Baths
4,424 Sq Ft
$314/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $815,000 $184 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,273/month

19 Days on Market

Highlights

  • Property is near park and public transit
  • 6 Car Garage
  • Slab Porch or Patio
  • Granite Countertops
  • Bathtub with Shower
  • Laundry Room

About This Home

As of May 2016

Traditional 4-unit building, all units are 3 bd/1 bath with over 1100+ sq ft remodeled space. Units inc living room, formal dining room, eat -in kitchen, laundry connection; Building has 3 two-car garages (alley access) & on site laundry which can be used to generate additional income. Building is just a few blocks walking distance newly renovated El Camino-Compton CC Campus and Gateway Towne Ctr (Home Depot & Target Anchor Tenant). Live in 1 unit and rent the other 3 to pay mortgage or rent all 4 units t; Rents in the area for 3 bedrooms are $1800+; Buyer to do own research. Please do not disturb tenants.

Last Agent to Sell the Property

Camille Ellison

Ellie B., A Real Estate Company License #01938799 Listed on: 02/19/2016

Last Buyer's Agent

Beverly Ann Clark

B A Clark Realty License #00495346

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,835 Sq Ft Lot
  • North Facing Home
  • Gated Home

Parking

  • 6 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Vertical Siding
  • Stucco

Interior Spaces

  • 4,424 Sq Ft Home
  • Window Screens
  • Attic Fan
  • Laundry Room

Kitchen

  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Utilities

  • Heating System Mounted To A Wall or Window
  • 220 Volts
  • Gas Water Heater
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Slab Porch or Patio
  • Property is near park and public transit

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 7303-012-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 4424
  • Probate: No
  • Year Built: 1955
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: 220V Throughout
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Gas
  • Bedrooms: 12
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Attic Fan, Garbage Disposal
  • Price Per S Q F T: 191.91
  • Windows: Screens

Exterior Features

  • Direction Faces: North
  • Construction: Stucco, Vertical Siding
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Construction: Frame and Stucco
  • Patio: Concrete Slab
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Garage Spaces: 6
  • Covered Parking: 6
  • Garage Structures: 1
  • Parking Garage: Assigned, Garage - 4+ Car, Garage Is Detached, On street
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Water Heater: Gas
  • Electric Expense: 480.00
  • Heating: Wall Gas
  • Security: Gated
  • Sewer: In Street
  • Water Expense: 1800.00

Fee Information

  • Insurance Expense: 2400.00
  • Maintenance Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 245834
  • Assessed Land Value: 159789
  • Assessor Parcel Number: 7303-012-032
  • Geocode Override: No
  • Lot Description: 2-4 Lots
  • Lot Location: Alley Access, Near Public Transit, Park Nearby
  • Lot Size Area: 4835

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.90
  • Number Of Units: 4
  • Type Of Units: 4-plex

Tax Info

  • Tax Expense: 10700.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2016
Closed on
Apr 28, 2016
Sold by
Elekwa Okoh Uloma Alethea
Bought by
Okoh Kingjoe Chigozie
Seller's Agent
Camille Ellison
Ellie B., A Real Estate Company
Buyer's Agent
Beverly Ann Clark
B A Clark Realty
List Price
$849,000
Sold Price
$815,000
Premium/Discount to List
-$34,000
-4%
Current Estimated Value
$1,389,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,475
Avg. Annual Appreciation
5.65%
Original Mortgage
$758,875
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 24, 2016
Sold by
Davis Dewayne D
Bought by
Okoh Kingjoe Chigozie
Seller's Agent
Camille Ellison
Ellie B., A Real Estate Company
Buyer's Agent
Beverly Ann Clark
B A Clark Realty
List Price
$849,000
Sold Price
$815,000
Premium/Discount to List
-$34,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,875
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Apr 19, 2005
Sold by
Davis Dewayne D
Bought by
Davis Dewayne D and The Defour Family Trust

Purchase Details

Closed on
Oct 15, 2001
Sold by
Reed Richard
Bought by
Davis Dewayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.51%

Purchase Details

Closed on
Oct 14, 1998
Sold by
Residential Funding Corp
Bought by
Reed Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Cornejo Argelis Lucia
Bought by
Residential Funding Corp

Purchase Details

Closed on
Aug 14, 1997
Sold by
Rodriguez Adolfo and South Central Investments
Bought by
Cornejo Argelis Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,218
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 1996
Sold by
Tuliva Lucil Marie Mccormick
Bought by
Tuliva Gamu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
8.24%

Purchase Details

Closed on
Jun 10, 1996
Sold by
Emc Mtg Corp Emc #1093806
Bought by
Tuliva Gamu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
8.24%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Robinson Brent L and Bozzay Gary
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Apr 18, 1994
Sold by
Cutuli Gregory L
Bought by
Caltex Mtg Inc

Purchase Details

Closed on
Apr 14, 1994
Sold by
Cutuli Leonard P and Cutuli Megan
Bought by
Caltex Mtg Inc
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
Okoh Kingjoe Chigozie -- Stewart Title
Okoh Kingjoe Chigozie $815,000 Stewart Title
Davis Dewayne D -- --
Davis Dewayne $330,000 Stewart Title
Reed Richard $190,000 Fidelity National Title
Residential Funding Corp $160,000 Chicago Title
Cornejo Argelis Lucia $310,000 Commonwealth Land Title Co
Rodriguez Adolfo $180,000 Commonwealth Land Title Co
Tuliva Gamu -- Continental Lawyers Title Co
Tuliva Gamu $135,000 Continental Lawyers Title Co
Emc Mtg Corp $144,500 Investors Title Company
Caltex Mtg Inc -- --
Caltex Mtg Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okoh Kingjoe Chigozie $758,875
Previous Owner Davis Dewayne $264,000
Previous Owner Reed Richard $171,000
Previous Owner Cornejo Argelis Lucia $296,218
Previous Owner Tuliva Gamu $87,750
Closed Davis Dewayne $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $815,000 -4.0% $184 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $849,000 -- $192 / Sq Ft
Source: The MLS

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 $12,698 $964,789 $207,162 $757,627
2024 $12,698 $945,872 $203,100 $742,772
2023 $12,484 $927,326 $199,118 $728,208
2022 $11,729 $909,144 $195,214 $713,930
2021 $11,480 $891,319 $191,387 $699,932
2019 $11,316 $864,884 $185,711 $679,173
2018 $10,976 $847,926 $182,070 $665,856
2017 $10,861 $831,300 $178,500 $652,800
2016 $5,420 $411,807 $162,225 $249,582
2015 $5,136 $405,623 $159,789 $245,834
2014 $5,117 $397,678 $156,659 $241,019
Source: Public Records

Agents Affiliated with this Home

  • Camille Ellison

    Seller's Agent in 2016

    Camille Ellison

    Ellie B., A Real Estate Company

    (323) 877-2888

    9 Total Sales

    Camille Ellison
    Section Image

  • B

    Buyer's Agent in 2016

    Beverly Ann Clark

    B A Clark Realty

See All Agents

Map

Source: The MLS

MLS Number: 16-983531

The MLS

APN: 7303-012-032

California Los Angeles County Long Beach 90805 Coolidge Triangle

208 E Artesia Blvd, Long Beach, CA

Not Listed for Sale

MultiFamily

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