NOT LISTED FOR SALE

Estimated Value: $745,000 - $947,637

4 Beds
3 Baths
1,625 Sq Ft
$524/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $875,000 $538 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,402/month

29 Days on Market

Highlights

  • Contemporary Architecture
  • Galley Kitchen
  • Laundry Room
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Landscaped

About This Home

As of August 2023

VA OFFERS WELCOME...VA OFFERS WELCOME...Beautiful recently remodeled and built triplex in the heart of Long Beach. Property has 4 bedrooms And 3 full bathrooms. Garage conversion into 1 bedroom apartment, room addition of 150 sq ft to build studio and front unit boasting 2 bedrooms and 1 baths. All units have their own laundry facility, gourmet kitchen, new windows and elegant remodeled bathrooms that matched the new laminate flooring throughout featuring new showers, plumbing fixtures, LED mirrors and new toilets. All work done with permits. Property has 3 separate addresses, 2 separate electric meters (1 meters serves the 2 bedroom home and attached studio and the other meter the garage), 3 separate gas meters and 1 water meter. Addresses are known as 218, 218 1/2 and 218 A E. Hullet st. Pro- forma has been done according to housing authority of City of Long Beach for current allowance permitted as per zip code and unit type. Property has new windows throughout, paint inside and out, new plumbing (hot, cold and drainage), new roof and fascia board, new kitchen cabinets and appliances, new flooring and baseboards, new ceiling fans, new recessed lighting throughout and lights fixtures, all three units have tankl-ess water heaters, new landscaping featuring artificial grass, decompose granite and mulch in order to have a low water bill. House keeper stays at middle unit but property will be deliver VACANT…one of the few units in 90805 zip code that is being sold VACANT…property is basically brand new…VA OFFERS WELCOME...

Last Agent to Sell the Property

JOSE MAS

Champions Real Estate License #01324458 Listed on: 06/08/2023

Champions Real Estate

Last Buyer's Agent

JOSE MAS

Champions Real Estate License #01324458 Listed on: 06/08/2023

Champions Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 4,435 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • New Fence
  • Landscaped
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Low Emissivity Windows
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Firewall

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Gravel Driveway

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Air Source Heat Pump

Listing and Financial Details

  • Tenant pays for gas
  • Tax Lot 17
  • Tax Tract Number 6398

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $200
  • Trash Expense $100
  • Water Sewer Expense $150
  • Operating Expense $450
  • Gross Income $5,050
  • Net Operating Income $4,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Firewall(s)
  • Subdivision Name Other: Unknown
  • View: No
  • Water Sewer Expenses: 150.00
  • Architectural Style: Contemporary
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 538.46
  • Room Type: Galley Kitchen
  • Window Features: Low Emissivity Windows

Exterior Features

  • Foundation: Raised, Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: New Condition
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway - Combination, Gravel
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave
  • Heating Type: Forced Air, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public
  • Cooling: Heat Pump, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Landscaped
  • Lot Size Sq Ft: 4435.00
  • Lot Size Acres: 0.1018

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Average1 Bed Area: 350 Square Feet
  • Average2 Bed Area: 810 Square Feet
  • Average Studio Area: 300 Square Feet
  • Gross Income: 5050.00
  • Gross Scheduled Income: 5050.00
  • Insurance Expense: 200.00
  • Lot Size Area: 4435.0000 Square Feet
  • Net Operating Income: 4800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Operating Expense: 250.00
  • Rent Control: Yes
  • Total Expenses: 450.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 6398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 11, 2023
Sold by
4Masbaseball
Bought by
Geater Yvette and Burnett Delroy
Seller's Agent
JOSE MAS
Champions Real Estate
Buyer's Agent
JOSE MAS
Champions Real Estate
List Price
$898,888
Sold Price
$875,000
Premium/Discount to List
-$23,888
-2.66%
Views
212
Current Estimated Value
$851,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,591
Avg. Annual Appreciation
-1.14%
Original Mortgage
$700,000
Outstanding Balance
$683,052
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$168,357

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 3, 2022
Sold by
Blakey Marie and Thompson Rhonda
Bought by
4Masbaseball
Seller's Agent
Sam Elachkar
White Owl Realty
Buyer's Agent
Sam Elachkar
White Owl Realty
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.53%

Purchase Details

Closed on
May 23, 2016
Sold by
Blakey Delno L
Bought by
Blakey Delno L and Blakey Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2002
Sold by
Blakey Delno L and Blakey Marie
Bought by
Blakey Delno L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Geater Yvette $875,000 Fidelity National Title
4Masbaseball $525,000 Fidelity National Title
Blakey Delno L -- None Available
Blakey Delno L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Geater Yvette $700,000
Previous Owner Blakey Delno L $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2023 08/10/23 Sold $875,000 -2.3% $538 / Sq Ft
07/04/2023 07/04/23 Price Changed $895,888 -0.3% $551 / Sq Ft
06/08/2023 06/08/23 For Sale $898,888 +71.2% $553 / Sq Ft
08/15/2022 08/15/22 Sold $525,000 +1.9% $521 / Sq Ft View Prior Sale
07/24/2022 07/24/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $515,000 -- $511 / 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 $11,295 $892,500 $510,000 $382,500
2024 $11,295 $875,000 $500,000 $375,000
2023 $6,931 $525,000 $420,000 $105,000
2022 $2,485 $190,403 $107,981 $82,422
2021 $2,430 $186,670 $105,864 $80,806
2019 $2,863 $181,135 $102,725 $78,410
2018 $5,613 $177,584 $100,711 $76,873
2016 $2,096 $170,690 $96,801 $73,889
2015 $2,013 $168,127 $95,347 $72,780
2014 $2,005 $164,835 $93,480 $71,355
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV23101095

California Regional Multiple Listing Service (CRMLS)

APN: 7125-030-006