$783,000
$142K PRICE DROP

Estimated payment $4,876/month

Total Views 14,028
6 Beds
3 Baths
1,411 Sq Ft
$555 Price per Sq Ft

Highlights

  • Back Yard
  • Long Beach Polytechnic High School Rated A
  • 1-Story Property

About This Home

This centrally located triplex is a great opportunity for an investor or owner-user! It is in the Wrigley area of Long Beach just minutes to the 710 fwy, 405 fwy, Pacific Coast Hwy, and the beach. Public transportation, restaurants, shops, schools, and parks are within its vicinity. The units are gated, and set in an easement where it's quiet and secured. This triplex consists of one 1 bed/1 bath, one 2 beds/1 bath, and one 3 beds/1 bath. This property has been well maintained with long term tenants.

Listing Agent

Kerry Lam

eXp Realty of California Inc Brokerage Phone: 626-232-0765 License #01359844 Listed on: 11/25/2024

eXp Realty of California Inc

Co-Listing Agent

Lex Petchara

eXp Realty of California Inc Brokerage Phone: 626-232-0765 License #01895263

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 1923

Lot Details

  • 2,934 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Home Design

  • Triplex

Interior Spaces

  • 1,411 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 573100
  • Assessor Parcel Number 7208013015
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Wrigley Area Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $2,915
  • Fuel Expense $787
  • Insurance Expense $1,115
  • Trash Expense $787
  • Water Sewer Expense $787
  • Operating Expense $6,392
  • Gross Income $54,960
  • Net Operating Income $19,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,018

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 261000
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 787.00
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7208013015
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front Gate
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 554.93

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 787.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2934.00
  • Lot Size Acres: 0.0674
  • Latitude Manual: 33.80009700

Multi Family

  • Electric Expense: 2915.00
  • Fuel Expense: 787.00
  • Gross Income: 54960.00
  • Gross Scheduled Income: 54960.00
  • Insurance Expense: 1115.00
  • Lot Size Area: 2934.0000 Square Feet
  • Net Operating Income: 19960.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 5000.00
  • Rent Control: No
  • Total Expenses: 6392.00

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 573100

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $6,018 $441,847 $176,737 $265,110
2023 $5,912 $433,184 $173,272 $259,912
2022 $5,554 $424,691 $169,875 $254,816
2021 $5,436 $416,365 $166,545 $249,820
2020 $5,422 $412,297 $164,838 $247,459
2019 $5,358 $404,217 $161,606 $242,611
2018 $5,215 $396,296 $158,438 $237,858
2016 $4,803 $380,718 $152,287 $228,431
2015 $4,614 $375,000 $150,000 $225,000
2014 $3,755 $293,966 $156,768 $137,198
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $783,000 -12.9% $555 / Sq Ft
02/12/2025 02/12/25 Price Changed $899,000 -2.3% $637 / Sq Ft
01/15/2025 01/15/25 Price Changed $920,000 -0.5% $652 / Sq Ft
11/25/2024 11/25/24 For Sale $925,000 -- $656 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Quit Claim Deed -- Accommodation
Grant Deed -- Accommodation
Special Warranty Deed $500 Servicelink
Grant Deed -- Landwood Title Company
Interfamily Deed Transfer -- Accommodation
Individual Deed $310,000 Southland Title Company
Interfamily Deed Transfer -- Southland Title Company
Grant Deed $360,000 Chicago Title Co
Individual Deed $240,000 First American Title Co
Individual Deed -- First American
Gift Deed -- --
Grant Deed $62,500 California Counties Title Co
Gift Deed -- California Counties Title Co
Grant Deed $62,500 --
Gift Deed -- --
Grant Deed -- First American Title Co
Grant Deed $5,000 --
Corporate Deed $5,000 American Title Co
Trustee Deed $38,000 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $455,000 New Conventional
Previous Owner $1,325,800 Purchase Money Mortgage
Previous Owner $232,500 New Conventional
Previous Owner $232,500 New Conventional
Previous Owner $324,000 Purchase Money Mortgage
Previous Owner $50,000 Stand Alone Second
Previous Owner $25,000 Unknown
Previous Owner $216,601 FHA
Previous Owner $123,978 FHA
Previous Owner $60,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24236307

California Regional Multiple Listing Service (CRMLS)

APN: 7208-013-015