NOT LISTED FOR SALE

Estimated Value: $808,000 - $876,000

5 Beds
2 Baths
2,104 Sq Ft
$401/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $777,000 $369 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,023/month

2 Days on Market

Highlights

  • Stables
  • Two Homes on a Lot
  • Accessible Parking
  • Long Beach Polytechnic High School Rated A
  • Living Room
  • Tile Flooring

About This Home

As of July 2024

Back to the market, great opportunity to own two units of property in the city of Long Beach, front house has 3 bedrooms and 1 bath and back unit has 3 bedrooms and 1 bath, one bedroom added on to the back unit was unpermitted. Property is "sold as is" in its present condition, no repairs and maintenance applied. Selling price is negotiable.

Last Agent to Sell the Property

Jim Chhun

First American Team Realty Inc Brokerage Email: jimchhun@hotmail.com License #01359353 Listed on: 06/18/2024

Last Buyer's Agent

Sarah Kim

Sarah Kim, Broker License #02033475

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 5,455 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Wire Fence
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Additions or Alterations
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Plaster

Interior Spaces

  • 2,104 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Panel Doors
  • Entryway
  • Living Room
  • Tile Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Accessible Parking
  • Two Homes on a Lot
  • Stables

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / 1
  • Tax Tract Number 2
  • Assessor Parcel Number 7208027005
  • $543 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Poly High Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Window Bars
  • Subdivision Name Other: Poly High (PH)
  • View: No
  • Zoning: LBPD29
  • Property Condition: Additions/Alterations
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7208027005
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Price Per Square Foot: 369.30
  • Room Type: All Bedrooms Down, Entry, Kitchen, Living Room
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Stable
  • Fence: Yes
  • Fencing: Wire, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Plaster

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5455.00
  • Lot Size Acres: 0.1252
  • Latitude Manual: 33.79683500

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5455.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5732.02
  • Tax Lot: 7
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 543.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 12, 2024
Sold by
Lay Rady
Bought by
Ourng Yoeun and Ourng Irene
Seller's Agent
Jim Chhun
First American Team Realty Inc
Buyer's Agent
Sarah Kim
Sarah Kim, Broker
List Price
$777,000
Sold Price
$777,000
Views
12
Current Estimated Value
$844,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,549
Avg. Annual Appreciation
5.96%
Original Mortgage
$582,750
Outstanding Balance
$575,790
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$268,759

Purchase Details

Listed on
Jul 26, 2016
Closed on
Aug 4, 2016
Sold by
Thach Hiemolly and Chin Ret
Bought by
Lay Rady
Seller's Agent
Jimmy Thach
Seal Real Estate
Buyer's Agent
Jim Chhun
First American Team Realty Inc
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$360,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2003
Sold by
Lieu Tanya Cuc and Lieu Andrew Nhon
Bought by
Chin Ret and Thach Hiemolly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Lieu Tanya Cuc and Lieu Andrew Nhon
Bought by
Lieu Tanya Cuc and Lieu Andrew Nhon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.6%

Purchase Details

Closed on
Mar 25, 2003
Sold by
Tan Angeline
Bought by
Lieu Andrew Nhon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.6%

Purchase Details

Closed on
Mar 6, 2001
Sold by
Lieu Man Trinh and Lieu Andrew Nhon
Bought by
Lieu Tanya Cuc and Lieu Andrew Nhon
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
Ourng Yoeun $777,000 Ticor Title Company Of Califor
Lay Rady $480,000 First American Title
Chin Ret $310,000 Ticor Title Company
Lieu Tanya Cuc -- Stewart Title Of Ca Inc
Lieu Andrew Nhon -- Stewart Title Of Ca Inc
Lieu Tanya Cuc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ourng Yoeun $582,750
Previous Owner Lay Rady $360,000
Previous Owner Chin Ret $294,500
Previous Owner Lieu Tanya Cuc $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $777,000 0.0% $369 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $777,000 +61.9% $369 / Sq Ft
09/15/2016 09/15/16 Sold $480,000 0.0% $228 / Sq Ft View Prior Sale
07/26/2016 07/26/16 For Sale $480,000 -- $228 / 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 $7,327 $777,000 $477,000 $300,000
2024 $7,327 $546,153 $227,563 $318,590
2023 $7,205 $535,445 $223,101 $312,344
2022 $6,772 $524,947 $218,727 $306,220
2021 $6,633 $514,655 $214,439 $300,216
2020 $6,616 $509,379 $212,241 $297,138
2019 $6,540 $499,392 $208,080 $291,312
2018 $6,279 $489,600 $204,000 $285,600
2016 $4,554 $372,317 $216,184 $156,133
2015 $4,373 $366,725 $212,937 $153,788
2014 $4,348 $359,542 $208,766 $150,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24125040

California Regional Multiple Listing Service (CRMLS)

APN: 7208-027-005