NOT LISTED FOR SALE

Estimated Value: $763,000 - $791,000

4 Beds
2 Baths
1,654 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2023

Last sale price $660,000 $399 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,955 / mo

69 Days on Market

Highlights

  • Property is near public transit
  • 2-minute walk to Anaheim Station
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Park or Greenbelt View
  • Laundry Room

About This Home

As of April 2023

This is your chance to own two units in the Heart of Long Beach! Both units have had their upgrades over the last few years including updated electrical and newer roofs. Front unit: new water heater, Copper plumbing, laundry hookups and vents. Some of the windows have been changed to dual pane windows. The larger unit is a 2 bdr 1 bath at 950 sq ft and is currently renting at $1450/month to month Rear unit: New cool roof, new electrical, Copper plumbing, some dual pane windows, newer kitchen. The smaller unit is 2 bdrm 1 bath and could be leased at $1520/month. Address is 224/226.

Last Agent to Sell the Property

ASHLEY HOWIE

HOMEQUEST REAL ESTATE License #01949367 Listed on: 01/19/2023

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Lilliana Matos

Real Brokerage Technologies, Inc. License #02081148

Real Brokerage Technologies, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 3,094 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,654 Sq Ft Home
  • Laminate Flooring
  • Park or Greenbelt Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 2 / 3
  • Tax Tract Number 2
  • Assessor Parcel Number 7269004011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Willmore District Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,148
  • Maintenance Expense $1,852
  • Operating Expense $3,000
  • Net Operating Income $32,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

3,094 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Willmore District (WM)
  • View: Yes
  • Zoning: LBR4N
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7269004011
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Price Per Square Foot: 399.03

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 3094.00
  • Lot Size Acres: 0.0710

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 35640.00
  • Insurance Expense: 1148.00
  • Lot Size Area: 3094.0000 Square Feet
  • Maintenance Expense: 1852.00
  • Net Operating Income: 32640.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Expenses: 3000.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5754.01
  • Tax Lot: 2
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Mar 28, 2023
Sold by
Panahon Benigno Aguilar
Bought by
Messina Giuliano
Seller's Agent
ASHLEY HOWIE
HOMEQUEST REAL ESTATE
Buyer's Agent
Lilliana Matos
Real Brokerage Technologies, Inc.
List Price
$699,000
Sold Price
$660,000
Premium/Discount to List
-$39,000
-5.58%
Views
232
Current Estimated Value
$780,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,122
Avg. Annual Appreciation
5.65%
Original Mortgage
$528,000
Outstanding Balance
$512,225
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$267,897

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 2, 2018
Sold by
Roberts Ernest J
Bought by
Panahon Benigno Aguilar
Seller's Agent
Tito and Francoi Pichon
Keller Williams Realty
Buyer's Agent
Tito and Francoi Pichon
Keller Williams Realty
List Price
$510,000
Sold Price
$513,000
Premium/Discount to List
$3,000
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$487,350
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2011
Sold by
Youngerman Nancy V and Alpha May Draper Trust Of 1982
Bought by
Roberts Ernest J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,775
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2009
Sold by
Youngerman Nancy
Bought by
Yougerman Nancy V and Alpha May Draper Trust Of 1982

Purchase Details

Closed on
May 29, 2008
Sold by
West Coast Reo Llc
Bought by
Youngerman Nancy

Purchase Details

Closed on
May 20, 2008
Sold by
Act Properties Llc
Bought by
West Coast Reo Llc

Purchase Details

Closed on
Feb 19, 2008
Sold by
Deotobo Junior
Bought by
Act Properties Llc

Purchase Details

Closed on
Feb 1, 2007
Sold by
Deotobo Junior
Bought by
Deotobo Junior

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
9.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Okeke Patrick
Bought by
Deotobo Junior

Purchase Details

Closed on
Oct 6, 2005
Sold by
Valencia Marcos M and Campos Odilia
Bought by
Okeke Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,200
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 2, 2003
Sold by
Nevarez Hector
Bought by
Valencia Marcos M and Campos Odilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2000
Sold by
Gorman Calvin Austin
Bought by
Nevarez Hector

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
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Nevarez Lillian
Bought by
Nevarez Hector

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
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1993
Sold by
Gorman Maxwell H and Gorman Eugenia
Bought by
Gorman Maxwell H and Gorman Eugenia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Messina Giuliano $660,000 Wfg National Title
Panahon Benigno Aguilar $513,000 Wfg National Title
Roberts Ernest J $285,000 North American Title Company
Yougerman Nancy V -- None Available
Youngerman Nancy $195,000 Fidelity National Title Co
West Coast Reo Llc -- Lsi
Act Properties Llc $386,325 Landsafe Title
Deotobo Junior -- Gateway Title Company
Deotobo Junior -- None Available
Okeke Patrick $461,000 --
Valencia Marcos M $230,000 Investors Title Company
Nevarez Hector -- Gateway Title Company
Nevarez Hector -- Gateway Title
Gorman Maxwell H -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Messina Giuliano $528,000
Previous Owner Panahon Benigno Aguilar $487,350
Previous Owner Roberts Ernest J $277,775
Previous Owner Deotobo Junior $486,000
Previous Owner Okeke Patrick $92,200
Previous Owner Okeke Patrick $368,800
Previous Owner Valencia Marcos M $218,500
Previous Owner Nevarez Hector $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2023 04/28/23 Sold $660,000 0.0% $399 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/29/2023 03/29/23 Off Market $660,000 -- --
03/21/2023 03/21/23 For Sale $699,000 0.0% $423 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/19/2023 02/19/23 Price Changed $699,000 -1.4% $423 / Sq Ft
02/06/2023 02/06/23 Price Changed $709,000 -2.2% $429 / Sq Ft
01/19/2023 01/19/23 For Sale $725,000 +41.3% $438 / Sq Ft
08/06/2018 08/06/18 Sold $513,000 +0.6% $310 / Sq Ft View Prior Sale
07/13/2018 07/13/18 For Sale $510,000 -0.6% $308 / Sq Ft
07/01/2018 07/01/18 Off Market $513,000 -- --
06/30/2018 06/30/18 Price Changed $510,000 +13.4% $308 / Sq Ft
06/30/2018 06/30/18 For Sale $449,900 -12.3% $272 / Sq Ft
06/29/2018 06/29/18 Off Market $513,000 -- --
06/20/2018 06/20/18 For Sale $449,900 -- $272 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,800 $686,663 $480,664 $205,999
2024 $8,800 $673,200 $471,240 $201,960
2023 $7,197 $550,037 $214,439 $335,598
2022 $6,756 $539,253 $210,235 $329,018
2021 $6,618 $528,680 $206,113 $322,567
2020 $6,600 $523,260 $204,000 $319,260
2019 $6,521 $513,000 $200,000 $313,000
2018 $4,129 $314,608 $165,583 $149,025
2016 $3,796 $302,393 $159,154 $143,239
2015 $3,647 $297,852 $156,764 $141,088
2014 $3,628 $292,019 $153,694 $138,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23009076

California Regional Multiple Listing Service (CRMLS)

APN: 7269-004-011

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