NOT LISTED FOR SALE

Estimated Value: $755,000 - $899,000

4 Beds
2 Baths
1,632 Sq Ft
$519/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $570,000 $349 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,353/month

53 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard

About This Home

As of August 2019

Welcome to Long Beach!!! Great opportunity for investors or first time home buyers! Each of these units has 2 bedrooms and 1 bath with separate gas and electrical meter. Back unit was recently remodeled and has its own separate yard. Conveniently located on Carson border, near 710 and 405 freeways. Long Beach is experiencing some incredible new developments such as the New Long Beach Civic Center Project, Queen Mary Island Development, and countless others, do not miss this opportunity!

Last Agent to Sell the Property

Cristina Corea

Stonewood Realty Group Inc. License #01871833 Listed on: 04/04/2019

Last Buyer's Agent

Erick Gonzalez

Excellence RE Real Estate License #01225686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,147

Year Built

  • Built in 1959

Lot Details

  • 6,036 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,632 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 5224
  • Assessor Parcel Number 7317008021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Westside/North Of Willow Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $840
  • Water Sewer Expense $600
  • New Taxes Expense $6,625
  • Operating Expense $8,065
  • Gross Income $36,000
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,147

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Westside/North of Willow (WNW)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7317008021
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 349.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6036.00
  • Lot Size Acres: 0.1386

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 840.00
  • Lot Size Area: 6036.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 8065.00

Tax Info

  • New Taxes Expense: 6625.00
  • Tax Census Tract: 5723.01
  • Tax Lot: 33
  • Tax Tract Number: 5224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2020
Sold by
Vivar Edwin Lopez and De La Hoya
Bought by
Vivar Edwin Lopez and Salcido Elva
Current Estimated Value
$846,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,391
Outstanding Balance
$505,156
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$341,237

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 27, 2019
Sold by
Amar David J
Bought by
Acosta Vivar Edwin Lopez and Acosta De La Hoya Liliana E
Seller's Agent
Cristina Corea
Stonewood Realty Group Inc.
Buyer's Agent
Erick Gonzalez
Excellence RE Real Estate
List Price
$570,000
Sold Price
$570,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$559,675
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 25, 2018
Closed on
Feb 7, 2018
Sold by
Mora Emmanuel
Bought by
Amar David J
Seller's Agent
Carolina Camero
Berkshire Hathaway HSCP
Buyer's Agent
Cristina Corea
Stonewood Realty Group Inc.
List Price
$499,000
Sold Price
$530,000
Premium/Discount to List
$31,000
6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$397,500
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2011
Sold by
Mora Emmanuel and Preciado Jaime
Bought by
Mora Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,556
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2009
Sold by
Mora Emmanuel
Bought by
Mora Emmanuel and Preciado Jaime

Purchase Details

Closed on
Nov 7, 2008
Sold by
Mora Lorena A
Bought by
Mora Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,092
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2008
Sold by
Us Bank National Association
Bought by
Mora Emmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,092
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2008
Sold by
Garcia Robert and Garcia Julieanna
Bought by
Us Bank Na and Structured Asset Securities Corp Structu

Purchase Details

Closed on
Aug 15, 2006
Sold by
Gara Llc
Bought by
Garcia Robert and Garcia Julieanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 15, 2000
Sold by
Sherman Robert and Robert Sherman Family Trust
Bought by
Agrazsanchez Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
10.99%
Source: Public Records

Range of Values:

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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
Vivar Edwin Lopez -- Provident Title Company
Acosta Vivar Edwin Lopez $570,000 Stewart Title
Amar David J $530,000 Netco Title Company
Mora Emmanuel -- Fidelity National Title Co
Mora Emmanuel -- None Available
Preciado Jaime -- None Available
Mora Emmanuel -- Fidelity National Title Co
Mora Emmanuel $300,000 Fidelity National Title Co
Us Bank Na $355,850 Accommodation
Garcia Robert $580,000 Chicago Title Co
Gara Llc -- Chicago Title Co
Agrazsanchez Ariel $166,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vivar Edwin Lopez $566,391
Closed Acosta Vivar Edwin Lopez $559,675
Previous Owner Amar David J $397,500
Previous Owner Mora Emmanuel $287,500
Previous Owner Mora Emmanuel $290,556
Previous Owner Mora Emmanuel $296,092
Previous Owner Gara Llc $116,000
Previous Owner Garcia Robert $464,000
Previous Owner Agrazsanchez Ariel $220,000
Previous Owner Agrazsanchez Ariel $125,000
Previous Owner Agrazsanchez Ariel $132,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $570,000 0.0% $349 / Sq Ft
05/27/2019 05/27/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $570,000 +7.5% $349 / Sq Ft
03/07/2018 03/07/18 Sold $530,000 0.0% $325 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/30/2018 01/30/18 Off Market $530,000 -- --
01/25/2018 01/25/18 For Sale $499,000 -- $306 / 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 $8,147 $631,002 $448,884 $182,118
2024 $8,147 $618,631 $440,083 $178,548
2023 $8,016 $606,502 $431,454 $175,048
2022 $7,532 $594,611 $422,995 $171,616
2021 $7,386 $582,952 $414,701 $168,251
2020 $7,284 $570,000 $425,000 $145,000
2019 $6,975 $540,600 $408,000 $132,600
2018 $4,463 $339,521 $158,443 $181,078
2016 $4,099 $326,340 $152,292 $174,048
2015 $3,928 $321,439 $150,005 $171,434
2014 $3,902 $315,143 $147,067 $168,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19076419

California Regional Multiple Listing Service (CRMLS)

APN: 7317-008-021