$569,000
SOLD DEC 2, 2015
4 Beds
2 Baths
2,310 Sq Ft
4,347 Sq Ft Lot

Recently Sold

$246 Per Sq Ft

50 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Lawn
  • Long Beach Polytechnic High School Rated A
  • Spanish Architecture
  • No HOA

About This Home

As of December 2015

Spanish Duplex in desirable Wrigley area. Both units are large 2 Br 1 Ba, including Formal Dining Rooms, separate Breakfast Nooks and Individual Laundry Rooms for a full size washer & dryer. There is a common backyard and 3 single car Garages with roll-up doors and automatic openers. LOWER unit has been upgraded with dual pane windows, large arch window, new front & rear entry doors, French doors to covered private patio, recessed lighting, upgraded kitchen cabinets and counter top, tankless water heater, tile surround tub. UPPER units is mostly original but has plantation shutters in living room & master bedroom, enclosed balcony. Both units have Hardwood Flooring throughout, lots of character with built-ins in hallway.. Income & Expenses are estimated since both units are owner occupied.

Last Agent to Sell the Property

Mark Kachigan

Pabst, Kinney & Associates License #00644779 Listed on: 08/13/2015

Last Buyer's Agent

MARIA KING

BRENDA SUSAN RADLEY License #01891539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,696

Year Built

  • Built in 1937 | Remodeled

Lot Details

  • 4,347 Sq Ft Lot
  • Lot Dimensions are 50 x 87
  • 1 Common Wall
  • Wood Fence
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Back Yard

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Spanish Tile Roof
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Plaster
  • Stucco

Interior Spaces

  • 2,310 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Living Room
  • Utility Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Floor Furnace
  • Wall Furnace

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 1 / b
  • Assessor Parcel Number 7205030001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,000
  • Maintenance Expense $2,560
  • Supplies Expense $400
  • Water Sewer Expense $1,200
  • New Taxes Expense $6,300
  • Gross Income $3,050
  • Net Operating Income $24,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,696

Year Built

Built in 1937 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Wrigley Area (WR)
  • Supplies Expense: 400.00
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7205030001
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 246.32
  • Room Type: Living Room, Utility Room
  • Window Features: Double Pane Windows, Plantation Shutters

Exterior Features

  • Foundation: Raised
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Rolled/Hot Mop, Spanish Tile
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Individual Room
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Level, Lawn, Rectangular Lot, Near Public Transit
  • Lot Size: 50 X 87
  • Lot Size Sq Ft: 4347.00
  • Price Per Lot Square Foot: 130.89
  • Lot Size Acres: 0.1000

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1155
  • Gross Income: 3050.00
  • Gross Multiplier: 15.50
  • Gross Scheduled Income: 36600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4347.0000 Square Feet
  • Maintenance Expense: 2560.00
  • Maintenance Percent: 7.00
  • Net Operating Income: 24500.00
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Operating Expense: 11000.00
  • Operating Expense Percent: 30.00
  • Rent Control: No
  • Vacancy Allowance: 1100
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6300.00
  • Tax Block: b
  • Tax Lot: 1
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 23, 2015
Sold by
Starr Tiffany
Bought by
Starr Louis C
Seller's Agent
Mark Kachigan
Pabst, Kinney & Associates
Buyer's Agent
MARIA KING
BRENDA SUSAN RADLEY
List Price
$569,000
Sold Price
$569,000
Current Estimated Value
$921,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,677
Avg. Annual Appreciation
5.11%
Original Mortgage
$581,233
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Listed on
Aug 13, 2015
Closed on
Oct 7, 2015
Sold by
Lee David D
Bought by
Demmin Winston
Seller's Agent
Mark Kachigan
Pabst, Kinney & Associates
Buyer's Agent
MARIA KING
BRENDA SUSAN RADLEY
List Price
$569,000
Sold Price
$569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,233
Interest Rate
3.73%
Mortgage Type
VA

Purchase Details

Closed on
Sep 23, 2003
Sold by
Jackson Ronald L
Bought by
Lee David D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 1993
Sold by
Jackson Ronald L and Pasquin Milagros
Bought by
Jackson Ronald L
Source: Public Records

Similar Homes in Long Beach, CA

  • 2184 Cedar Ave, Long Beach, CA 90806

    $699,900

    • 4 Beds
    • 2 Baths
    • 2,250 Sq Ft
    • 2184 Cedar Ave
    • Long Beach, CA

    Charming 1930s Spanish-Style Duplex in the Heart of Wrigley – Priced for quick sale at $699,900!Don’t miss this incredible opportunity to own a beautifully preserved 1930s Spanish-style duplex in the highly desirable Wrigley neighborhood of Long Beach. Priced at just $699,900, this property offers exceptional value for both owner-occupants and investors.Each unit features 2 spacious

    Gilda Johnson Seven Gables Real Estate

    Section Image
  • 402 E 16th St, Long Beach, CA 90813

    $700,000

    • 3 Beds
    • 2 Baths
    • 1,485 Sq Ft
    • 402 E 16th St
    • Long Beach, CA

    - This duplex has two2 bedrooms & 1 bath each unit- Sold “As is” condition- Needs a little TLC but is pricedaccordingly- Separate electric: 2- Gas meters: 2- Water meters: 1

    Donghyun Kim New Star Realty & Investment

    Section Image
  • 2133 Gale Ave, Long Beach, CA 90810

    $589,900

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft
    • 2133 Gale Ave
    • Long Beach, CA

    Duplex in West Long Beach. Property in need of updating and deferred maintenance. Great property to rehab and flip or to hold in the portfolio as a long-term investment with substantial growth and upside potential. The upstairs unit features 1 bedroom and 1 bathroom. Downstairs there is a 1 bedroom 1 bath unit with 2 bonus rooms and a garage with alley access. The property is positioned at the

    Steven Guthrie Platinum Finance Properties

    Section Image
  • 1082 Lewis Ave, Long Beach, CA 90813

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,000 Sq Ft
    • 1082 Lewis Ave
    • Long Beach, CA

    Looking to invest check out this Duplex. Upgraded Kitchen, Bathroom & flooring. Property is 10 blocks from the beach. This property features a 1 car garage with an attached rumpus room. Great starter home and room for potential ADU.

    GABRIEL DIAZ Pak Home Realty

    Section Image
  • 1145 E 10th St, Long Beach, CA 90813

    $714,500

    • 2 Beds
    • 1 Bath
    • 1,344 Sq Ft
    • 1145 E 10th St
    • Long Beach, CA

    Probate Sale! Estate of Elmer Jimenez. This 4 bed; 2 bath Multi-Family built in 1918 features +/-1,344 Sq Ft of living space, +/-4,464 Sq Ft lot, APN: 7267-005-026. Both units are vacant! Great opportunity to own a fixer-upper duplex with tons of potential! Perfect for investors or owner-users looking to renovate and create value. This Property is offered together with improvements thereon as

    Rhett Winchell NDA Inc

    Section Image
  • 852 Orange Ave, Long Beach, CA 90813

    $699,900

    • 4 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 852 Orange Ave
    • Long Beach, CA

    BOTH units are vacant .Perfect for an investor or first time buyer, lots of potential, NEW kitchen, new flooring , new bathrooms, new windows, new interior and exterior paint, new appliances. ( 2 bed 1 bath each unit)

    CESAR GOMEZ ALIGN HOMES

    Section Image
  • 514 Daisy Ave, Long Beach, CA 90802

    $660,000

    • 2 Beds
    • 2 Baths
    • 948 Sq Ft
    • 514 Daisy Ave
    • Long Beach, CA

    Unlock the potential of this fantastic duplex located at 514 Daisy Ave in the vibrant heart of Downtown Long Beach! Situated in a prime location, this property offers incredible proximity to the popular Pike Outlets, the beautiful Long Beach coastline, and the exciting energy of downtown. Imagine the convenience of strolling to shops, restaurants, entertainment, and the sandy shores just moments

    Julio Bonilla Keller Williams Pacific Estates

    Section Image
  • 3421 Adriatic Ave, Long Beach, CA 90810

    $699,999

    • 2 Beds
    • 1 Bath
    • 931 Sq Ft
    • 3421 Adriatic Ave
    • Long Beach, CA

    ***REMODELED DUPLEX FOR Owner occupancy or Investment opportunity in the heart of Long Beach! Welcome to 3421 Adriatic Avenue – a well-maintained duplex located in a desirable residential neighborhood with strong rental demand. This income-producing property features two spacious units, each offering 2 bedrooms and 1 bathroom, with separate entrances for maximum privacy and convenience. The

    Joseph Dio Dio Real Estate

    Section Image
  • 2590 E Carson St, Long Beach, CA 90810

    $695,000

    • 4 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 2590 E Carson St
    • Long Beach, CA

    We are pleased to present this well-located Carson duplex featuring (2) spacious 2-Bed/1-Bath units— the property boasts a desirable single-story construction, ideal for long-term tenant retention and ease of management.Each unit offers its own private 1-car garage, presenting ADU potential (buyer to verify) for additional income upside. The property is separately metered for gas and

    Kristopher German RE/MAX 2000 REALTY

    Section Image

Range of Values:

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 Type Sale Price Title Company
Interfamily Deed Transfer -- Western Resources Title Co
Grant Deed $569,000 Western Resources Title Co
Grant Deed $400,000 Fatcola
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 Credit Line Revolving
Closed $75,000 New Conventional
Open $560,670 VA
Previous Owner $581,233 VA
Previous Owner $436,000 Negative Amortization
Previous Owner $54,500 Credit Line Revolving
Previous Owner $320,000 Purchase Money Mortgage
Previous Owner $176,605 Unknown
Previous Owner $144,650 Unknown
Closed $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Rented $2,300 +2.2% --
12/17/2020 12/17/20 Price Changed $2,250 -98.2% $1 / Sq Ft
12/17/2020 12/17/20 Price Changed $125,000 +5581.8% $54 / Sq Ft
11/10/2020 11/10/20 For Rent $2,200 0.0% --
12/02/2015 12/02/15 Sold $569,000 0.0% $246 / Sq Ft
10/02/2015 10/02/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $569,000 -- $246 / 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 $8,696 $673,574 $236,756 $436,818
2024 $8,696 $660,367 $232,114 $428,253
2023 $8,551 $647,419 $227,563 $419,856
2022 $8,029 $634,725 $223,101 $411,624
2021 $7,865 $622,280 $218,727 $403,553
2019 $7,753 $603,826 $212,241 $391,585
2018 $7,522 $591,987 $208,080 $383,907
2016 $6,913 $569,000 $200,000 $369,000
2015 $5,575 $473,193 $221,217 $251,976
2014 $5,538 $463,925 $216,884 $247,041
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15178515

California Regional Multiple Listing Service (CRMLS)

APN: 7205-030-001