NOT LISTED FOR SALE

Estimated Value: $1,084,220 - $1,201,000

4 Beds
2 Baths
1,794 Sq Ft
$629/Sq Ft Est. Value

Sale Details

Date Sold: March 17, 2015

Last sale price $585,000 $326 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,936 / mo

17 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Bathroom
  • Wood Flooring
  • Stanford Middle School Rated A-
  • Traditional Architecture
  • Double Pane Windows

About This Home

As of March 2015

Location, Location, Location!! East side of LW Blvd.......1 block from Stearns Champions Park....1/2 mile to Los Altos Shopping Center...very desireable solid rental area. This ARTCRAFT MANOR Duplex has 2 bedrooms each and 1 bathroom. The roof was replaced in 2011, dual-pane windows replaced 2013. Check the pictures of the rear unit.....BEAUTIFUL hardwood floors. inside laundry.
Each unit has a fenced private yard and the 2 car garage is shared by the tenants. Good investment or owner-occupied property.
Tenants are long term...they love it!!!
Again, very strong EASTSIDE Long Beach rental area....good schools, parks, shopping, 3 min to 405 FWY...10 min to CSULB

Last Agent to Sell the Property

Pam Luckey

Compass License #00751586 Listed on: 01/06/2015

Compass

Co-Listed By

Debi Garcia-Benson

Coldwell Banker Realty License #00781667

Last Buyer's Agent

Ezihe Irondi

Nationwide Real Estate Execs License #01381245

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,253 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • New Fence
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,794 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Wood Flooring

Kitchen

  • Tile Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms
  • Fireplace in Bathroom

Additional Features

  • Energy-Efficient Windows
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 54
  • Tax Tract Number 14229
  • Assessor Parcel Number 7223008002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,500
  • Maintenance Expense $1,000
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $7,500
  • Gross Income $2,875
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

6,253 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.80
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Artcraft Manor (AM)
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7223008002
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room
  • Price Per Square Foot: 326.09
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Fencing: New Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6253.00
  • Lot Size Acres: 0.1440

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 900
  • Gross Income: 2875.00
  • Gross Multiplier: 14.71
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6253.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 28800.00
  • 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: 12000.00
  • Rent Control: No
  • Total Actual Rent: 2875.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 54
  • Tax Tract Number: 14229
  • Tax Year: 2014

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2015
Closed on
Apr 18, 2015
Sold by
Bought by
Seller's Agent
Pam Luckey
Compass
Buyer's Agent
Ezihe Irondi
Nationwide Real Estate Execs
List Price
$593,500
Sold Price
$585,000
Premium/Discount to List
-$8,500
-1.43%
Current Estimated Value
$1,128,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$543,055
Avg. Annual Appreciation
5.95%

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 13, 2015
Sold by
Bought by
Seller's Agent
Pam Luckey
Compass
Buyer's Agent
Ezihe Irondi
Nationwide Real Estate Execs
List Price
$593,500
Sold Price
$585,000
Premium/Discount to List
-$8,500
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
0.0361%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2015
Closed on
Feb 4, 2015
Sold by
Bought by
Seller's Agent
Pam Luckey
Compass
Buyer's Agent
Ezihe Irondi
Nationwide Real Estate Execs
List Price
$593,500
Sold Price
$585,000
Premium/Discount to List
-$8,500
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
0.0361%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,300
Interest Rate
0.0427%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.0616%

Purchase Details

Closed on
Sep 14, 1999
Sold by
Bought by

Purchase Details

Closed on
Jul 6, 1998
Sold by
Bought by
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
-- None Available
$585,000 Ticor Title
-- Ticor Title Insurance Co
-- Servicelink
-- North American Title Co
-- North American Title
-- --
-- Chicago Title
$185,000 Chicago Title
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 $432,000
Previous Owner $198,300
Previous Owner $240,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
03/17/2015 03/17/15 Sold $585,000 -1.4% $326 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/06/2015 01/06/15 For Sale $593,500 -- $331 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax 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.

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 $9,462 $703,071 $492,753 $210,318
2024 $9,041 $689,287 $483,092 $206,195
2023 $8,890 $675,772 $473,620 $202,152
2022 $8,342 $662,523 $464,334 $198,189
2021 $8,176 $649,533 $455,230 $194,303
2019 $8,058 $630,270 $441,729 $188,541
2018 $7,827 $617,913 $433,068 $184,845
2016 $7,196 $593,920 $416,252 $177,668
2015 $4,609 $380,736 $255,983 $124,753
2014 $3,028 $236,575 $141,947 $94,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15005099

California Regional Multiple Listing Service (CRMLS)

APN: 7223-008-002

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