NOT LISTED FOR SALE

Estimated Value: $822,971 - $889,000

3 Beds
3 Baths
2,033 Sq Ft
$424/Sq Ft Est. Value

Last Sold December 29, 2021

Last sale price $720,000 $354 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,389/month

91 Days on Market

Highlights

  • No HOA
  • Park
  • 3 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of December 2021

Back on the Market!!! Well maintained 3 unit, 3 car garage property in the seaside city of Long Beach. Each of the 3 units are 1 bedroom and 1 bathroom, washer & dryer hook ups in all three units. All tenants paying rent on time during Covid-19. Easy Access to public transportation, freeways, restaurants, schools & entertainment. Each unit is individually metered for gas and electricity. Huge rental upside potential.

Last Agent to Sell the Property

Kevin George

REALTY ONE GROUP HOMELINK License #01504291 Listed on: 08/25/2021

REALTY ONE GROUP HOMELINK

Last Buyer's Agent

Melissa Trimarche

M Real Estate Company License #01899849

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 3,944 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • 2,033 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 2 / B
  • Tax Tract Number 573
  • Assessor Parcel Number 7205019002
  • $571 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Wrigley Area Subdivision

Recreation

  • Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $1,080
  • Insurance Expense $1,149
  • Trash Expense $500
  • Water Sewer Expense $1,000
  • Operating Expense $3,729
  • Gross Income $38,080
  • Net Operating Income $28,443

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 1000.00
  • Zoning: LBR2N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7205019002
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 354.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3944.00
  • Lot Size Acres: 0.0905

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 1080.00
  • Gross Income: 38080.00
  • Gross Scheduled Income: 38080.00
  • Insurance Expense: 1149.00
  • Lot Size Area: 3944.0000 Square Feet
  • Net Operating Income: 28443.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 9637.00
  • Rent Control: Yes
  • Total Expenses: 3729.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5731.00
  • Tax Lot: 2
  • Tax Tract Number: 573...
  • TaxOtherAnnualAssessmentAmount: 571.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2014
Sold by
Jackson Jackawa L
Bought by
Jackson Livin Jackawa L and Jackson Livin Faye E
Current Estimated Value
$862,993

Purchase Details

Closed on
Feb 6, 2004
Sold by
Carmona Jorge G
Bought by
Jackson Jackawa L and Jackson Faye E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2003
Sold by
Nava Blanca Estella
Bought by
Carmona Jorge G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,600
Interest Rate
5.72%

Purchase Details

Closed on
Jul 5, 2001
Sold by
Perez Javier Mora
Bought by
Nava Blanca Estella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
8.87%

Purchase Details

Closed on
Mar 25, 1996
Sold by
Perez Javier Mora
Bought by
Perez Javier Mora and Cid Estela

Purchase Details

Closed on
Oct 9, 1995
Sold by
Falletta Carl R
Bought by
Falletta Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,509
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 1995
Sold by
Falletta Jean
Bought by
Perez Javier Mora and Cid Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,509
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 1995
Sold by
Bank Of America National Tr & Svgs Assn
Bought by
Falletta Jean and Smock Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,509
Interest Rate
7.58%
Mortgage Type
FHA
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
Jackson Livin Jackawa L -- None Available
Jackson Jackawa L $375,000 First American Title
Carmona Jorge G $284,500 First American Title Co
Nava Blanca Estella -- American Title Co
Perez Javier Mora -- --
Falletta Jean -- Gateway Title Company
Smock Lawrence -- Gateway Title Company
Perez Javier Mora $119,000 Gateway Title Company
Falletta Jean -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Jackawa L $300,000
Previous Owner Carmona Jorge G $227,600
Previous Owner Nava Blanca Estella $164,500
Previous Owner Perez Javier Mora $109,509
Closed Carmona Jorge G $42,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2021 12/29/21 Sold $720,000 -4.0% $354 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
10/24/2021 10/24/21 Price Changed $749,999 -3.2% $369 / Sq Ft
09/13/2021 09/13/21 Price Changed $774,999 -1.9% $381 / Sq Ft
08/25/2021 08/25/21 For Sale $789,999 -- $389 / 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 $10,416 $764,069 $424,483 $339,586
2024 $9,964 $749,088 $416,160 $332,928
2023 $9,674 $734,400 $408,000 $326,400
2022 $9,167 $720,000 $400,000 $320,000
2021 $6,440 $492,555 $241,680 $250,875
2019 $6,349 $477,947 $234,512 $243,435
2018 $6,132 $468,576 $229,914 $238,662
2017 $6,067 $459,389 $225,406 $233,983
2016 $5,642 $450,383 $220,987 $229,396
2015 $5,420 $443,619 $217,668 $225,951
2014 $5,392 $434,930 $213,405 $221,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21188368

California Regional Multiple Listing Service (CRMLS)

APN: 7205-019-002