NOT LISTED FOR SALE

Estimated Value: $1,388,000

0.42 Acre
$3,314,231 Price per Acre
18,243 Sq Ft Lot

Last Sold April 04, 2022

Last sale price $1,175,000

Est. 18% increase in value since last sale

Current estimated payment $7,743/month

93 Days on Market

About This Lot

As of April 2022

Looking for a Development Property in Long Beach? Look no further! 3 lots being sold as one property for a total s/f or 18,243 ready for development with back-alley access. This property is zoned for retail/professional use – seller has final submission for permit retail/office building (please check with city for expiration & OT issues). There is a possibility that this property will be changed to mix use in 2022 or 2023 – check with the city for verification. This property is located in the middle of mix use business area close to residential neighborhoods as well as public transportation. Please note that each lot has it’s own street address and parcel number (Street addresses are 2215, 2219 & 2235 – Parcel numbers are 7260-121-026, 7260-121-027 & 7260-121-028). Seller will not consider selling lots separately. Take advantage of this perfect storm of the building growth needs and lack of vacant land. The seller has several surveys and reports completed and are available upon request.

Last Agent to Sell the Property

Bob Diulio

First Team Real Estate License #01722187 Listed on: 11/01/2021

First Team Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Property Type

  • Land

Lot Details

  • 0.42 Acre Lot
  • Density is up to 1 Unit/Acre
  • 7260121027,7260121028
  • Property is zoned LBCCP

Utilities

  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7260121026

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: LBCCP
  • Property Type: Land
  • Parcel Number: 7260121026
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 64.41

Utilities

  • Water Source: None

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7260121027,7260121028
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 18243.00
  • Lot Size Acres: 0.4188

Multi Family

  • Lot Size Area: 18243.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Mar 8, 2022
Sold by
8572 Standford Llc
Bought by
Lth Realty Llc
Seller's Agent
Bob Diulio
First Team Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%
Current Estimated Value
$1,388,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,000

Purchase Details

Closed on
Nov 26, 2012
Sold by
Metro United Bank
Bought by
8572 Stanford Llc

Purchase Details

Closed on
Dec 1, 2010
Sold by
Plong Austin Vannath
Bought by
Metro United Bank

Purchase Details

Closed on
Mar 1, 2007
Sold by
Chim Saham
Bought by
Plong Austin Vannath

Purchase Details

Closed on
Dec 29, 2006
Sold by
Kaing Rebecca and Long Peter
Bought by
Plong Austin Vannath

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$896,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2000
Sold by
Wiley Hazel D
Bought by
Khong Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.22%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lth Realty Llc $1,175,000 Western Resources Title
8572 Stanford Llc $475,000 Old Republic Title Company
Metro United Bank $893,330 Accommodation
Plong Austin Vannath -- Commonwealth Land Title Co
Long Peter -- Commonwealth Land Title Co
Kaing Rebecca -- Commonwealth Land Title Co
Plong Austin Vannath $1,280,000 Commonwealth Land Title Co
Khong Jimmy $202,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plong Austin Vannath $896,000
Previous Owner Khong Jimmy $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2022 04/04/22 Sold $1,175,000 -6.0% --
11/01/2021 11/01/21 For Sale $1,250,000 -- --
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 $5,648 $415,674 $415,674 --
2024 $5,648 $407,524 $407,524 --
2023 $5,565 $399,534 $399,534 $0
2022 $2,922 $183,687 $183,687 $0
2021 $2,342 $180,086 $180,086 $0
2019 $2,812 $174,746 $174,746 $0
2018 $2,756 $171,320 $171,320 $0
2016 $2,586 $164,668 $164,668 $0
2015 $2,000 $162,195 $162,195 $0
2014 $1,983 $159,018 $159,018 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21239927

California Regional Multiple Listing Service (CRMLS)

APN: 7260-021-026