NOT LISTED FOR SALE

Estimated Value: $943,000 - $1,091,183

5 Beds
4 Baths
2,305 Sq Ft
$435/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2020

Last sale price $800,000 $347 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,409 / mo

55 Days on Market

Highlights

  • Gated Parking
  • Marble Countertops
  • 2 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Balcony
  • Air Conditioning

About This Home

As of October 2020

ATTENTION BUYERS, investors and owner users. 5.6% CAP RATE & possibility of ADDING ADU for ADDITIONAL INCOME. Fantastic opportunity to own a duplex in highly desirable Wrigley neighborhood, just minutes from Downtown, Aquarium of the Pacific, beach & Convention center. Easy access to 710 & 405. Downstairs VACANT 3 BEDROOOM UNIT has been recently updated with new flooring & fresh paint. Spacious backyard with lemon & orange tree is great for entertaining. Behind it there's a 2 car garage & 2 additional gated parking spaces. Upstairs 2 bedroom unit is tenant occupied ($2,300/month) & has it's own balcony. Both units have AC, inside laundry & kitchen with granite counter tops. Take advantage of low interest rate & lock a positive cash flow from the start. Don't disturb upstairs tenant.

Last Agent to Sell the Property

Ziga Weisseisen

Estate Properties License #01847975 Listed on: 06/11/2020

Estate Properties

Last Buyer's Agent

Krissy Mussenden

Buckingham Investments, Inc License #02096276

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,850

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Gated Parking

Home Design

  • Duplex

Interior Spaces

  • 2,305 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Microwave
  • Dishwasher
  • Marble Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Balcony
  • 5,850 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7208-024-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

5,850 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2305
  • Lot Acreage: 0.1343
  • Probate: No
  • Stories: 2
  • Year Built: 1939
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Laminate, Vinyl, Carpet
  • Bedrooms: 5
  • Kitchen Features: Marble Counters
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Ceiling Fan, Microwave
  • Price Per S Q F T: 355.75

Exterior Features

  • Other Features: Balcony
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Gated, Garage - 2 Car, Garage Is Detached, Uncovered
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Wall/Window, Ceiling Fan, Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 44.44
  • Assessed Improvement Value: 168997
  • Assessed Land Percent: 55.56
  • Assessed Land Value: 211248
  • Total Assessed Value: 380245
  • Assessor Parcel Number: 7208-024-005
  • Geocode Override: No
  • Lot Size Area: 5850

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 2
  • Type Of Units: Duplex

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
Jun 11, 2020
Closed on
Aug 7, 2020
Sold by
Bought by
Seller's Agent
Ziga Weisseisen
Estate Properties
Buyer's Agent
Krissy Mussenden
Buckingham Investments, Inc
List Price
$820,000
Sold Price
$800,000
Premium/Discount to List
-$20,000
-2.44%
Current Estimated Value
$1,002,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,796
Avg. Annual Appreciation
3.96%
Original Mortgage
$785,510
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 18, 2017
Sold by
Bought by
Seller's Agent
Michael Armendariz
LW Realty, Inc.
Buyer's Agent
Ziga Weisseisen
Estate Properties
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$510,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2013
Closed on
Apr 9, 2014
Sold by
Bought by
Seller's Agent
Irma De Bonis
New Century Realtors
Buyer's Agent
Yolanda Hernandez
Coast To Coast Realty
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.77%
Original Mortgage
$270,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 2006
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
$420,000
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 3, 2001
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
$177,120
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1995
Sold by
Bought by

Purchase Details

Closed on
May 12, 1994
Sold by
Bought by
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

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
$800,000 Progressive Title Company
$695,000 First American Title Company
$360,000 None Available
-- None Available
-- None Available
-- None Available
-- None Available
$600,000 Southland Title Corporation
$180,000 Chicago Title
$80,000 Gateway Title Company
$148,000 Fidelity National Title Ins
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
Previous Owner $785,510
Previous Owner $510,000
Previous Owner $270,000
Previous Owner $420,000
Previous Owner $177,120
Closed $3,838
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 Prior Sale
10/01/2020 10/01/20 Sold $800,000 -2.4% $347 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $820,000 +18.0% $356 / Sq Ft
08/18/2017 08/18/17 Sold $695,000 0.0% $290 / Sq Ft View Prior Sale
08/02/2017 08/02/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $695,000 +93.1% $290 / Sq Ft
04/18/2014 04/18/14 Sold $360,000 +3.2% $156 / Sq Ft View Prior Sale
03/10/2014 03/10/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $349,000 -- $151 / Sq Ft
Source: The MLS

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 $11,342 $848,965 $371,422 $477,543
2024 $10,895 $832,320 $364,140 $468,180
2023 $10,715 $816,000 $357,000 $459,000
2022 $10,251 $816,000 $357,000 $459,000
2021 $10,048 $800,000 $350,000 $450,000
2020 $9,197 $723,078 $312,120 $410,958
2019 $9,091 $708,900 $306,000 $402,900
2018 $8,772 $695,000 $300,000 $395,000
2016 $4,570 $372,790 $207,106 $165,684
2015 $4,389 $367,192 $203,996 $163,196
2014 $5,524 $455,000 $329,900 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-588884

The MLS

APN: 7208-024-005

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