NOT LISTED FOR SALE

Estimated Value: $762,000 - $899,000

3 Beds
2 Baths
1,442 Sq Ft
$581/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $370,000 $257 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,086/month

21 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace

About This Home

As of November 2013

Nice 2 on 1 in North Long Beach. Front is a 2 bedroom 1 bath. Has wood floors. Bath has tiled floors and tub surround Kitchen has granite counters. Back house is a 1 bedroom. There is a yard between the houses and behind the back house. Block walls surround the property. There is also a 2 car garage. There are avocado and tangerine trees in yard.

Last Agent to Sell the Property

Kathy Shasha

Coldwell Banker Realty License #00911654 Listed on: 10/13/2013

Coldwell Banker Realty

Last Buyer's Agent

Jennifer Kim

Imperial Realty License #01041618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,994

Year Built

  • Built in 1951

Lot Details

  • 6,788 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • 1,442 Sq Ft Home
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 26
  • Tax Tract Number 6083
  • Assessor Parcel Number 7119014018

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,000
  • Water Sewer Expense $780
  • New Taxes Expense $4,749
  • Gross Income $2,195
  • Net Operating Income $19,211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,994

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-843-6679
  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 780.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7119014018
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 256.59

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6788.00
  • Lot Size Acres: 0.1560

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 504
  • Average2 Bed Area: 938
  • Gross Income: 2195.00
  • Gross Scheduled Income: 26340.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6788.0000 Square Feet
  • Net Operating Income: 19211.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7129.00
  • Rent Control: No
  • Total Actual Rent: 2195.00

Tax Info

  • New Taxes Expense: 4749.00
  • Tax Lot: 26
  • Tax Tract Number: 6083
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Lao Kwok Wah and Chao Kim Chhean
Bought by
Lao Kwok W and Chao Kim C
Current Estimated Value
$837,730

Purchase Details

Listed on
Oct 13, 2013
Closed on
Oct 31, 2013
Sold by
Lofti Esfandiar Tony and Esfandiar Tony Lofti 2012 Trus
Bought by
Lao Kwok Wah and Chao Kim Chhean
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Jennifer Kim
Imperial Realty
List Price
$379,900
Sold Price
$370,000
Premium/Discount to List
-$9,900
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Mar 21, 2012
Sold by
Lotfi Esfandiar Tony and Lotfi Esfandiar Tony
Bought by
Lotfi Esfandiar Tony and Esfandiar Tony Lotfi 2012 Trus

Purchase Details

Closed on
Oct 13, 1994
Sold by
Lotfi Esfandiar Tony and Lotfi Nancy Marie
Bought by
Lotfi Esfandiar Tony and Lotfi Nancy M
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 Buyer Sale Price Title Company
Lao Kwok W -- None Available
Lao Kwok Wah $370,000 Old Republic Title Company
Lotfi Esfandiar Tony -- None Available
Lotfi Esfandiar Tony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lao Kwok Wah $200,000
Previous Owner The Esfandiar Tony & Nancy M Lofti Marit $150,000
Previous Owner Lotfi Esfandiar Tony $209,500
Previous Owner Lotfi Esfandir Tony $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $370,000 -2.6% $257 / Sq Ft
11/03/2013 11/03/13 Pending -- -- --
10/13/2013 10/13/13 For Sale $379,900 -- $263 / 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 $5,994 $453,559 $245,166 $208,393
2024 $5,994 $444,666 $240,359 $204,307
2023 $5,892 $435,948 $235,647 $200,301
2022 $5,538 $427,401 $231,027 $196,374
2021 $5,425 $419,022 $226,498 $192,524
2020 $5,411 $414,726 $224,176 $190,550
2019 $5,348 $406,595 $219,781 $186,814
2018 $5,149 $398,623 $215,472 $183,151
2016 $4,738 $383,146 $207,106 $176,040
2015 $4,550 $377,392 $203,996 $173,396
2014 $4,525 $370,000 $200,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13208952

California Regional Multiple Listing Service (CRMLS)

APN: 7119-014-018