NOT LISTED FOR SALE

Estimated Value: $1,205,071 - $1,393,000

7 Beds
5 Baths
3,096 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $841,000 $272 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,688/month

16 Days on Market

Highlights

  • Property is near public transit
  • Long Beach Polytechnic High School Rated A
  • No HOA

About This Home

As of May 2019

Quadraplex, 2 units upstairs are 1 bedroom and 1 bath each, one unit downstairs 3 bedroom and 2 baths and the other one 2 bedroom and one bath, all units have their own gas and electricity meter. 4 separate one car garages at rear of building on alley. Located in the South-East Wrigley area

Last Agent to Sell the Property

Carlos Amiel

Keller Williams Coastal Prop. License #01309688 Listed on: 03/20/2019

Keller Williams Coastal Prop.

Co-Listed By

Ileana Amiel

Keller Williams Coastal Prop. License #01310037

Last Buyer's Agent

Carlos Amiel

Keller Williams Coastal Prop. License #01309688 Listed on: 03/20/2019

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 4,736 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Quadruplex

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • Property is near public transit
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 7209013012

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $600
  • Water Sewer Expense $2,100
  • New Taxes Expense $10,125
  • Operating Expense $14,225
  • Gross Income $33,600
  • Net Operating Income $29,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Southeast Wrigley Area
  • Water Sewer Expenses: 2100.00
  • Zoning: LBPD29
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7209013012
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 271.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 4736.00
  • Lot Size Acres: 0.1087

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1400.00
  • Lot Size Area: 4736.0000 Square Feet
  • Net Operating Income: 29100.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 4500.00
  • Rent Control: No
  • Total Actual Rent: 33600.00
  • Total Expenses: 14225.00

Tax Info

  • New Taxes Expense: 10125.00
  • Tax Census Tract: 5730.02
  • Tax Lot: 11
  • Tax Tract Number: Matson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 2, 2019
Sold by
Johnson Greene Lakeina
Bought by
Greene De Andre D
Seller's Agent
Carlos Amiel
Keller Williams Coastal Prop.
Buyer's Agent
Carlos Amiel
Keller Williams Coastal Prop.
List Price
$799,900
Sold Price
$841,000
Premium/Discount to List
$41,100
5.14%
Current Estimated Value
$1,275,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,768
Avg. Annual Appreciation
6.52%
Original Mortgage
$714,850
Outstanding Balance
$662,143
Interest Rate
7.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$613,625

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 9, 2019
Sold by
Ramirez Maria E
Bought by
Greene De Andre D
Seller's Agent
Carlos Amiel
Keller Williams Coastal Prop.
Buyer's Agent
Carlos Amiel
Keller Williams Coastal Prop.
List Price
$799,900
Sold Price
$841,000
Premium/Discount to List
$41,100
5.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,850
Outstanding Balance
$662,143
Interest Rate
7.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$613,625

Purchase Details

Closed on
Jan 20, 2005
Sold by
Ramirez Maria E and Reygadas Edith
Bought by
Ramirez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,350
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2001
Sold by
Chabad Lubavitch Of Hawaii Inc
Bought by
Ramirez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,674
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2001
Sold by
Hud
Bought by
Chabad Lubavitch Of Hawaii

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,674
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 27, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 19, 2000
Sold by
Ontiveros Gabino and Trujillo Sebastian
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Apr 28, 1999
Sold by
Finzi David B
Bought by
Ontiveros Gabino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,588
Interest Rate
7.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 1998
Sold by
Wilshire Funding Corp
Bought by
Finzi David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.88%

Purchase Details

Closed on
May 8, 1998
Sold by
Dacosta Mauricio F Lino
Bought by
Wilshire Funding Corp

Purchase Details

Closed on
May 8, 1997
Sold by
Rodriguez Adolfo and South Central Investments
Bought by
Dacosta Mauricio F Lino

Purchase Details

Closed on
Apr 30, 1997
Sold by
Dean Trust Dean Frank M And Cynthia A Trs Fra and Harlee C Co Tr Harlee Trust
Bought by
Rodriguez Adolfo and South Central Investments

Purchase Details

Closed on
Apr 25, 1994
Sold by
Dean Frank M S and Dean Cynthia A
Bought by
Dean Frank M S
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
Greene De Andre D -- Lawyers Title Company
Greene De Andre D $841,000 Lawyers Title Company
Ramirez Maria E -- Chicago
Ramirez Maria E $280,000 Commonwealth Land Title
Chabad Lubavitch Of Hawaii $175,000 Stewart Title
Hud -- American Title
Chase Manhattan Mtg Corp $340,648 American Title
Ontiveros Gabino $295,000 Benefit Land Title Company
Finzi David B $165,500 Benefit Land Title Company
Wilshire Funding Corp $153,000 Benefit Land Title Ins Co
Dacosta Mauricio F Lino $285,000 Commonwealth Title Co
Rodriguez Adolfo $450,000 Commonwealth Title
Dean Frank M S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greene De Andre D $714,850
Previous Owner Ramirez Maria E $404,350
Previous Owner Ramirez Maria E $275,674
Previous Owner Chabad Lubavitch Of Hawaii $214,000
Previous Owner Ontiveros Gabino $292,588
Previous Owner Finzi David B $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $841,000 +5.1% $272 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $799,900 -- $258 / 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 $12,280 $938,146 $446,205 $491,941
2024 $12,280 $919,752 $437,456 $482,296
2023 $12,072 $901,719 $428,879 $472,840
2022 $11,339 $884,039 $420,470 $463,569
2021 $11,104 $866,706 $412,226 $454,480
2019 $8,283 $621,569 $287,485 $334,084
2018 $8,009 $609,396 $281,849 $327,547
2016 $7,364 $585,080 $270,905 $314,175
2015 $7,075 $576,292 $266,836 $309,456
2014 $7,040 $565,005 $261,610 $303,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19064191

California Regional Multiple Listing Service (CRMLS)

APN: 7209-013-012