NOT LISTED FOR SALE

2235 E 14th St Long Beach, CA 90804

Cambodia Town Neighborhood

Estimated Value: $929,000 - $1,437,000

7 Beds
7 Baths
2,927 Sq Ft
$430/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $900,000 $307 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,651/month

35 Days on Market

About This Home

As of August 2019

Great 2 units (2 houses on a lot) in a remote location, both was remodeled and was built new in 2012. One of the best 2 units in the market. An investment opportunity with full potential for new investors to capture rental upside. Front unit has 4br/3ba with 1 car garage and back unit has 3br/4.5ba with 4 car garage. Both have separate meter for gas, electric, and water.

Last Agent to Sell the Property

John Nguyen

People Choice Real Estate License #01349064 Listed on: 05/06/2019

Last Buyer's Agent

John Nguyen

People Choice Real Estate License #01349064 Listed on: 05/06/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012

Lot Details

  • 6,492 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 5 Car Garage

Home Design

  • 2,927 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 2072
  • Assessor Parcel Number 7260020020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • New Taxes Expense $9,460
  • Gross Income $60,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2012

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7260020020
  • Year Built: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 307.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6492.00
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6492.0000 Square Feet
  • Net Operating Income: 60000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9460.00
  • Tax Census Tract: 5751.02
  • Tax Lot: 2
  • Tax Tract Number: 2072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2023
Sold by
Pham Van Hai and Thi Tam
Bought by
Pham Living Trust
Current Estimated Value
$1,259,750

Purchase Details

Listed on
May 6, 2019
Closed on
Aug 9, 2019
Sold by
Lam Long T and Tran Valerie Diem Phuong
Bought by
Pham Van Hai and Ho Thi Tam
Seller's Agent
John Nguyen
People Choice Real Estate
Buyer's Agent
John Nguyen
People Choice Real Estate
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$575,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 11, 2016
Sold by
Lam Long T and Tran Valerie Diem Phuong
Bought by
Lam Long T and Tran Valerie Diem Phuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,656
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2005
Sold by
J Farrell Consulting Inc
Bought by
Lam Long Thanh and Tran Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,600
Interest Rate
7.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Farrell John
Bought by
J Farrell Consulting Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,400
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2005
Sold by
Niki John and Robancho Shayline Gwen
Bought by
Niki John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Niki John
Bought by
Farrell John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2004
Sold by
Niki John
Bought by
Gwen Niki John and Gwen Robanchio Shayline

Purchase Details

Closed on
Dec 3, 2002
Sold by
Hubbard Betty Jean
Bought by
Niki John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,105
Interest Rate
5.86%
Mortgage Type
FHA
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
Pham Living Trust -- --
Pham Van Hai $900,000 First American Title Company
Lam Long T -- Fidelity National Title
Lam Long Thanh $467,000 North American Title Co
J Farrell Consulting Inc -- North American Title Co
Niki John -- North American Title Co
Farrell John $405,000 North American Title Co
Gwen Niki John -- --
Niki John C $143,500 Diversified Title
Hubbard Betty Jean -- Diversified Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pham Van Hai $575,000
Previous Owner Lam Long T $648,656
Previous Owner Lam Long Thanh $373,600
Previous Owner J Farrell Consulting Inc $93,400
Previous Owner Farrell John $324,000
Previous Owner Niki John C $141,105
Closed Farrell John $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $900,000 -5.3% $307 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $950,000 -- $325 / 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 $12,606 $984,277 $574,162 $410,115
2024 $12,606 $964,978 $562,904 $402,074
2023 $12,399 $946,058 $551,867 $394,191
2022 $11,642 $927,509 $541,047 $386,462
2021 $11,411 $909,324 $530,439 $378,885
2020 $11,381 $900,000 $525,000 $375,000
2019 $10,592 $827,971 $490,022 $337,949
2018 $10,219 $811,737 $480,414 $331,323
2016 $8,925 $740,000 $434,200 $305,800
2015 $8,240 $700,000 $410,700 $289,300
2014 $8,771 $738,000 $433,000 $305,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    John Nguyen

    People Choice Real Estate

    (714) 908-0333

    37 Total Sales

    John Nguyen
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19163756

California Regional Multiple Listing Service (CRMLS)

APN: 7260-020-020

California Los Angeles County Long Beach 90804 Cambodia Town

2235 E 14th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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