NOT LISTED FOR SALE

Estimated Value: $893,000 - $1,036,000

4 Beds
2 Baths
2,144 Sq Ft
$447/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $665,000 $310 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,803/month

16 Days on Market

Highlights

  • 2 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Air Conditioning

About This Home

As of February 2020

Calling all Investors! Heres a must see duplex in Long Beach. Minutes from Downtown, The Pike, and Convention center. Property Being sold AS IS condition. Great rehab project to collect top market rents.

Last Agent to Sell the Property

Michael Gross

Compass License #01510354 Listed on: 01/03/2020

Compass

Last Buyer's Agent

Pareesa Nindra

Beverly and Company, Inc. License #02005760

Beverly and Company, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Lot Details

  • 3,495 Sq Ft Lot

Parking

  • 2 Car Garage
  • 4 Carport Spaces

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 2,144 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7205-030-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 2144
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 289.18

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Carport Spaces: 4
  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall Electric

Lot Info

  • Assessed Improvement Value: 141300
  • Assessed Land Value: 328700
  • Assessor Parcel Number: 7205-030-005
  • Geocode Override: No
  • Lot Size Area: 3495

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 2.00
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
Kaur Harleen
Bought by
Abrar-Kaur Family Trust and Kaur
Current Estimated Value
$959,297

Purchase Details

Listed on
Jan 3, 2020
Closed on
Feb 12, 2020
Sold by
Abrar Jafar
Bought by
Kaur Harleen
Seller's Agent
Michael Gross
Compass
Buyer's Agent
Pareesa Nindra
Beverly and Company, Inc.
List Price
$620,000
Sold Price
$665,000
Premium/Discount to List
$45,000
7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$498,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2020
Closed on
Jan 31, 2020
Sold by
Sawhney Parmela and Solai Asha
Bought by
Kaur Harleen
Seller's Agent
Michael Gross
Compass
Buyer's Agent
Pareesa Nindra
Beverly and Company, Inc.
List Price
$620,000
Sold Price
$665,000
Premium/Discount to List
$45,000
7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Botting Richard H
Bought by
Sawhney Parmela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Abrar-Kaur Family Trust -- None Listed On Document
Kaur Harleen -- Lawyers Title Company
Kaur Harleen $665,000 Lawyers Title Company
Sawhney Parmela $549,000 Orange Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaur Harleen $498,750
Previous Owner Sawhney Parmela $439,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $665,000 +7.3% $310 / Sq Ft
01/19/2020 01/19/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $620,000 -- $289 / 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 $9,318 $727,272 $328,093 $399,179
2024 $9,318 $713,012 $321,660 $391,352
2023 $9,163 $699,032 $315,353 $383,679
2022 $8,601 $685,326 $309,170 $376,156
2021 $8,427 $671,889 $303,108 $368,781
2020 $7,865 $620,000 $433,700 $186,300
2019 $7,920 $620,000 $433,700 $186,300
2018 $6,881 $540,000 $377,700 $162,300
2016 $5,294 $430,000 $300,700 $129,300
2015 $5,156 $430,000 $300,700 $129,300
2014 $5,220 $430,000 $300,700 $129,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-540118

The MLS

APN: 7205-030-005