NOT LISTED FOR SALE

2268 Myrtle Ave Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $806,000 - $928,000

4 Beds
2 Baths
1,904 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $668,000 $351 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,422/month

83 Days on Market

Highlights

  • Private Yard
  • Long Beach Polytechnic High School Rated A
  • 1-minute walk to NAACP Freedom Park

About This Home

As of March 2021

Back on the market! Recently refreshed cozy duplex in the Poly High District of Long Beach. Property has been updated with new interior / exterior paint, window screens, flooring in kitchen and baths, roof eaves, door locks and iron gate paint. Both units are 2 bedrooms / 1 bath and have separate electrical and gas meters. Front unit has laminate flooring in the living areas and the back unit has carpet. 2 units on a lot. 2 car garage has been converted to a large single room, great for use as extra bedroom or additional living room. Conveniently located near Signal Hill Elementary, Renaissance High School for the Arts, Downtown Long Beach, and water front. Wonderful opportunity for owner use or investment!

Last Agent to Sell the Property

CRYSTAL YOUNG

Resound Properties License #01783560 Listed on: 11/07/2020

Co-Listed By

PETER LUI

KENT REALTY & INVESTMENT License #00715284

Last Buyer's Agent

Lori Mikell

Equity Union License #01190586

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 5,236 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Lawn

Home Design

  • 1,904 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Tax Tract Number 5732
  • Assessor Parcel Number 7211015005

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Poly High Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $600
  • Water Sewer Expense $720
  • New Taxes Expense $1,700
  • Operating Expense $4,420
  • Gross Income $43,200
  • Net Operating Income $38,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 720.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7211015005
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 350.84

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Yard
  • Lot Size Sq Ft: 5236.00
  • Lot Size Acres: 0.1202

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 5236.0000 Square Feet
  • Net Operating Income: 38780.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 4420.00

Tax Info

  • New Taxes Expense: 1700.00
  • Tax Block: 2
  • Tax Census Tract: 5732.01
  • Tax Lot: 5
  • Tax Tract Number: 5732.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2005
Sold by
Choy Sui Hung and Choy Lai Hung
Bought by
Choy Sui Hung and Choy Lai Hung
Current Estimated Value
$883,351
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
Choy Sui Hung -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2021 03/17/21 Sold $668,000 -8.2% $351 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $728,000 +9.0% $382 / Sq Ft
12/06/2020 12/06/20 Off Market $668,000 -- --
12/02/2020 12/02/20 For Sale $728,000 +9.0% $382 / Sq Ft
11/11/2020 11/11/20 Off Market $668,000 -- --
11/07/2020 11/07/20 For Sale $698,000 -- $367 / 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 $9,531 $741,464 $432,972 $308,492
2024 $9,531 $726,927 $424,483 $302,444
2023 $9,373 $712,674 $416,160 $296,514
2022 $8,801 $698,700 $408,000 $290,700
2021 $1,727 $112,782 $32,796 $79,986
2020 $1,721 $111,626 $32,460 $79,166
2019 $1,701 $109,438 $31,824 $77,614
2018 $1,567 $107,293 $31,200 $76,093
2016 $1,432 $103,129 $29,990 $73,139
2015 $1,381 $101,581 $29,540 $72,041
2014 $1,383 $99,592 $28,962 $70,630
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CRYSTAL YOUNG

    Resound Properties

    (626) 863-2221

    1 in this area

    24 Total Sales

    CRYSTAL YOUNG
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    PETER LUI

    KENT REALTY & INVESTMENT

    (626) 282-9228

    1 in this area

    7 Total Sales

    PETER LUI
    Section Image
  • Lori Mikell

    Buyer's Agent in 2021

    Lori Mikell

    Equity Union

    (310) 650-5742

    1 in this area

    53 Total Sales

    Lori Mikell
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20235090

California Regional Multiple Listing Service (CRMLS)

APN: 7211-015-005

California Los Angeles County Long Beach 90806 Sunrise

2268 Myrtle Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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