NOT LISTED FOR SALE

209 E South St Long Beach, CA 90805

DeForest Park Neighborhood

Estimated Value: $955,000 - $1,254,673

8 Beds
5 Baths
2,596 Sq Ft
$440/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $775,000 $299 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,897/month

21 Days on Market

About This Home

As of April 2018

DeForest Park is such a Great Area in North Long Beach!!! What a Great set of 4 Units! Stucco on outside looks newer and in great Shape. Attractive Grey Color! One of the Owners live in the Front two bedroom house which is fenced off from the back building and the rest of the units. The front house has a nice yard for children to play in or your dog!! The back building has a one bedroom with a two car Garage which is connected to the
unit and has it's own entrance through the Garage. The upstairs has a two bedroom and one bath {very Open Floor Plan} and has two parking spaces of its own on the side of the property! The last unit upstairs is Three Bedrooms and Two Bathrooms. One is a Master Bedroom with its own Full Bathroom.
This is also a very Open Floor Plan! All the units are in Great Shape. The Owners need a bigger home as they have outgrown the two bedroom and is the reason for selling. This unit is in such a Great Location. It is Rare to get Units like this in the DeForest Park Section! The income per year is one of the highest in the area and still has allot of potential. Also near many freeway systems. Great Shopping! Great Opportunity

Last Agent to Sell the Property

Kay Raziano

First Team Real Estate License #00813738 Listed on: 02/20/2018

First Team Real Estate

Last Buyer's Agent

Kathleen Kramer

Kathleen Kramer, Broker License #01198187

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,696 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • 2 Carport Spaces

Home Design

  • 2,596 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 5992
  • Assessor Parcel Number 7125030022

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7125030022
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 298.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 3.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Yard
  • Lot Size Sq Ft: 5696.00

Multi Family

  • Gross Income: 57600.00
  • Gross Scheduled Income: 58000.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5703.03
  • Tax Lot: 36
  • Tax Tract Number: 5992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Mar 16, 2018
Sold by
Pel Racy and Khien Sokhom T
Bought by
Delson Jennifer
Seller's Agent
Kay Raziano
First Team Real Estate
Buyer's Agent
Kathleen Kramer
Kathleen Kramer, Broker
List Price
$799,900
Sold Price
$775,000
Premium/Discount to List
-$24,900
-3.11%
Current Estimated Value
$1,142,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,918
Avg. Annual Appreciation
5.11%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Avina Jaime and Murphy Kristin A
Bought by
Pel Racy and Khieu Sokhom T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 1, 2006
Sold by
Khieu Sokhalay
Bought by
Pel Racy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 19, 2005
Sold by
Martinez Eulalia M
Bought by
Avina Jaime and Murphy Kristin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2003
Sold by
Martinez Joe
Bought by
Martinez Eulalia M

Purchase Details

Closed on
Oct 23, 2003
Sold by
Seto Gary and Lanam Seto Helen
Bought by
Martinez Eulalia M

Purchase Details

Closed on
Nov 27, 2000
Sold by
Martinez Joe and Martinez Eulalia M
Bought by
Lanam Seto Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Delson Jennifer $772,000 Chicago Title Company
Pel Racy $763,000 Gateway Title Company
Pel Racy -- Gateway Title Company
Khieu Sokhom Tony -- Gateway Title Company
Avina Jaime $650,000 Gateway Title Company
Martinez Eulalia M -- Chicago Title
Martinez Eulalia M -- Chicago Title
Lanam Seto Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pel Racy $500,000
Previous Owner Avina Jaime $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $775,000 -3.1% $299 / Sq Ft
02/20/2018 02/20/18 For Sale $799,900 -- $308 / 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 $11,545 $878,397 $366,377 $512,020
2024 $11,545 $861,175 $359,194 $501,981
2023 $11,349 $844,290 $352,151 $492,139
2022 $10,661 $827,737 $345,247 $482,490
2021 $10,443 $811,508 $338,478 $473,030
2020 $10,416 $803,988 $335,008 $468,980
2019 $10,295 $788,240 $328,440 $459,800
2018 $9,697 $750,800 $395,000 $355,800
2016 $7,527 $600,000 $360,000 $240,000
2015 $6,207 $500,000 $300,000 $200,000
2014 $6,291 $500,000 $300,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kay Raziano

    First Team Real Estate

    Section Image

  • K

    Buyer's Agent in 2018

    Kathleen Kramer

    Kathleen Kramer, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18041201

California Regional Multiple Listing Service (CRMLS)

APN: 7125-030-022

California Los Angeles County Long Beach 90805 DeForest Park

209 E South St, Long Beach, CA

Not Listed for Sale

MultiFamily

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