NOT LISTED FOR SALE
10 Beds
8 Baths
6,538 Sq Ft
6,501 Sq Ft Lot

Sale Details

Date Sold: March 28, 2015

Last sale price $1,000,000 $153 Per Sq Ft

37 Days on Market

About This Home

As of March 2015

The property is a well maintained building located in the Wrigley District of Long Beach. The rents are low at $1.08/sf (there is no rent control).The exterior has been recently painted. The building has copper plumbing. The side entry is gated and all units have intercom access for entry. There are 6 single garages (one is used by owner for storage). The dumpster is owned by the building. The property is close to schools, shopping, 710 & 405 Freeways and the Metro-Link. Unit #5 is vacant and the rent is scheduled.

Last Agent to Sell the Property

Anne Baber

AOA Commercial Brokerage License #00959381 Listed on: 10/24/2014

Last Buyer's Agent

Anne Baber

AOA Commercial Brokerage License #00959381 Listed on: 10/24/2014

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,501 Sq Ft Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 6,538 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7205-023-015

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,501 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6538
  • Stories: 2
  • Year Built: 1959
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Equipment: Cable
  • Price Per S Q F T: 168.25

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 6
  • Parking Garage: Garage - 1 Car
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Electric Expense: 615.00
  • Heating: Wall Gas
  • Water Expense: 5736.00

Fee Information

  • Insurance Expense: 2942.00
  • Maintenance Expense: 3308.00
  • Other Expense: 1645.00

Lot Info

  • Assessed Improvement Value: 453233
  • Assessed Land Value: 131084
  • Assessor Parcel Number: 7205-023-015
  • Geocode Override: No
  • Lot Location: Alley Access
  • Lot Size Area: 6501

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 13.30
  • Number Of Units: 8
  • Rent Control: 0
  • Type Of Units: flats

Tax Info

  • Tax Expense: 13420.00

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

Closed on
Jun 9, 2016
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
$1,080,000
Interest Rate
3.37%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 24, 2014
Closed on
Apr 1, 2015
Sold by
Bought by
Seller's Agent
Anne Baber
AOA Commercial Brokerage
Buyer's Agent
Anne Baber
AOA Commercial Brokerage
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Feb 11, 2015
Sold by
Bought by
Seller's Agent
Anne Baber
AOA Commercial Brokerage
Buyer's Agent
Anne Baber
AOA Commercial Brokerage
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Purchase Details

Closed on
Dec 11, 2014
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
$679,000
Interest Rate
3.65%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,480,000 First American Title
-- None Available
-- Lawyers Title
$1,000,000 Lawyers 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 $900,000
Closed $1,261,000
Closed $350,000
Closed $1,080,000
Previous Owner $679,000
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
03/28/2015 03/28/15 Sold $1,000,000 -9.1% $153 / Sq Ft
11/30/2014 11/30/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $1,100,000 -- $168 / 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 $24,008 $1,752,015 $473,516 $1,278,499
2024 $22,946 $1,717,663 $464,232 $1,253,431
2023 $22,553 $1,683,984 $455,130 $1,228,854
2022 $21,181 $1,650,965 $446,206 $1,204,759
2021 $20,735 $1,618,594 $437,457 $1,181,137
2019 $20,438 $1,571,097 $424,483 $1,146,614
2018 $19,883 $1,540,302 $416,160 $1,124,142
2016 $12,906 $1,015,249 $355,337 $659,912
2015 $7,858 $595,991 $133,703 $462,288
2014 $7,842 $584,317 $131,084 $453,233
Source: Public Records

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Map

Source: The MLS

MLS Number: 14-809311

The MLS
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