$900,000
SOLD SEP 30, 2024
6 Beds
3 Baths
2,114 Sq Ft
6,688 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

6% Above List Price

20 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 1-Story Property
  • Long Beach Polytechnic High School Rated A
  • Level Lot
  • 4-minute walk to NAACP Freedom Park

About This Home

As of September 2024

There are 3 units on the property - a 2 bedrooms 1 bath house and a duplex consisting of 2 bedrooms 1 bath for each unit. all expenses are approximate.

Last Agent to Sell the Property

Steve Vong

First American Team Realty Inc Brokerage Phone: 562-209-2927 License #01273285 Listed on: 07/17/2024

Last Buyer's Agent

Jim Chhun

First American Team Realty Inc License #01359353

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1912

Lot Details

  • 6,688 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Flag Lot

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,114 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 32
  • Tax Tract Number 573
  • Assessor Parcel Number 7210004031
  • $703 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Poly High Subdivision

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • Operating Expense $4,500
  • Gross Income $46,200
  • Net Operating Income $41,580

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,508

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Price Per Unit: 283333
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7210004031
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 425.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Flag Lot, Near Public Transit
  • Lot Size Sq Ft: 6688.00
  • Lot Size Acres: 0.1535

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 46200.00
  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6688.0000 Square Feet
  • Net Operating Income: 41580.00
  • 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: 4620.00
  • Operating Expense Percent: 10.00
  • Rent Control: Yes
  • Total Actual Rent: 3850.00
  • Total Expenses: 4500.00

Tax Info

  • Tax Census Tract: 5732.02
  • Tax Lot: 32
  • Tax Tract Number: 573...
  • TaxOtherAnnualAssessmentAmount: 703.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2024
Sold by
Horn Vich Ngov and Leang Heak
Bought by
Leang Heak And Vich Horn Family Trust and Horn
Current Estimated Value
$924,154

Purchase Details

Closed on
Mar 15, 2024
Sold by
Horn Vich Ngov and Leang Heak
Bought by
Leang Heak And Vich Horn Family Trust and Horn

Purchase Details

Closed on
Dec 15, 2011
Sold by
Njnr Investments Llc
Bought by
Horn Vich Ngov and Horn Leang Heak

Purchase Details

Closed on
Mar 1, 2006
Sold by
Horn Vich Ngov and Horn Leang Heak
Bought by
Njnr Investments Llc

Purchase Details

Closed on
Feb 22, 2006
Sold by
Horn Vich Ngov and Horn Leang Heak
Bought by
Horn Vich Ngov and Horn Leang Heak

Purchase Details

Closed on
Jan 23, 2006
Sold by
Horn Vich Ngov and Horn Leang Heak
Bought by
Horn Vich Ngov and Horn Leang Heak

Purchase Details

Closed on
Aug 3, 2005
Sold by
Horn Vich and Naing Leang H
Bought by
Horn Vich Ngov and Horn Leang Heak

Purchase Details

Closed on
Nov 26, 1993
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Horn Vich and Naing Leang H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
5.95%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed -- None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Corporate Deed $118,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $900,000 +5.9% $426 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
08/04/2024 08/04/24 For Sale $850,000 -5.6% $402 / Sq Ft
07/30/2024 07/30/24 Off Market $900,000 -- --
07/29/2024 07/29/24 For Sale $850,000 -5.6% $402 / Sq Ft
07/27/2024 07/27/24 Off Market $900,000 -- --
07/27/2024 07/27/24 For Sale $850,000 -5.6% $402 / Sq Ft
07/26/2024 07/26/24 Off Market $900,000 -- --
07/17/2024 07/17/24 For Sale $850,000 -- $402 / 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 $3,508 $900,000 $550,000 $350,000
2024 $3,508 $224,928 $141,627 $83,301
2023 $3,446 $220,518 $138,850 $81,668
2022 $3,255 $216,195 $136,128 $80,067
2021 $3,176 $211,957 $133,459 $78,498
2020 $3,168 $209,785 $132,091 $77,694
2019 $3,133 $205,672 $129,501 $76,171
2018 $2,933 $201,640 $126,962 $74,678
2016 $5,147 $405,690 $208,047 $197,643
2015 $4,946 $399,597 $204,922 $194,675
2014 $4,924 $391,770 $200,908 $190,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24145200

California Regional Multiple Listing Service (CRMLS)

APN: 7210-004-031