Seller's Agent in 2022
Jamie Kim
Lifetime Realty Inc
(714) 757-1870
1 in this area
29 Total Sales
2300 E 15th St Long Beach, CA 90804
Cambodia Town NeighborhoodEstimated Value: $1,131,000 - $1,423,000
5
Beds
3
Baths
2,000
Sq Ft
$635/Sq Ft
Est. Value
Highlights
- No HOA
- Double Pane Windows
- Recessed Lighting
- Woodrow Wilson High School Rated A
- Walk-In Closet
- Laundry Room
About This Home
As of March 2022Amazing location at a prime rental area, close to the Beach, all major shopping, DTLB, schools, and public transportation! A rare 3 unit income property opportunity with cap rate of 5.24%! Ideal for owner use and rent two other units. All 3 units have been tastefully remodeled and don't require much maintenance. Two large 2 bedroom/ 1 bath units, and One 1 bedroom/ 1 bath unit with open floor plan and a walk in closet. Front unit A has 2 car garage and back unit C has 1 car garage. Potential additional income from renting out garages, 2 units have washer/ dryer hookups, and easy to add hook up for the back unit if desired. Separate gas and electric meter. Landlord pays for water and the property does not have any sprinklers. All 3 units are highly remodeled with interior, exterior paint, fully remodeled bathroom with modern touches, shaker cabinets in the kitchen with stainless appliances and all newer fixtures. New vinyl flooring in 2 units, and laminate floor in 1 unit, new wall heaters, new garage door. New electric panels in 2 units, all copper plumbing, new water heater in unit A. Potential additional income from laundry or renting out garage spaces. Complex has a modern gate in front and a newly built concrete fence providing quiet enjoyment, peace and privacy for tenants. Take advantage of low interest rates and don't miss out on an opportunity to own a truly unique and turnkey income property! Click on the 2 walk through videos for a virtual tour.
Last Agent to Sell the Property
Lifetime Realty Inc License #01823039 Listed on: 01/17/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955 | Remodeled
Lot Details
- 6,532 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Block Wall Fence
- Stucco Fence
- Density is up to 1 Unit/Acre
Parking
- 3 Open Parking Spaces
- 3 Car Garage
Home Design
- Triplex
- Shingle Roof
Interior Spaces
- 2,000 Sq Ft Home
- 1-Story Property
- Recessed Lighting
- Double Pane Windows
- Laundry Room
Kitchen
- Gas Oven
- Gas Range
- Microwave
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
Utilities
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 7 / A
- Assessor Parcel Number 7260015007
- $616 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,234
- Other Expense $2,000
- Trash Expense $312
- Water Sewer Expense $1,000
- New Taxes Expense $13,000
- Operating Expense $17,546
- Gross Income $85,020
- Net Operating Income $64,923
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2022
Closed on
Feb 1, 2022
Sold by
Jt Investment Group Llc
Bought by
Glovic Family Trust
Seller's Agent
Jamie Kim
Lifetime Realty Inc
Buyer's Agent
Dusty Mulhearn
Real Broker
List Price
$1,239,000
Sold Price
$1,175,000
Premium/Discount to List
-$64,000
-5.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,572
Avg. Annual Appreciation
2.07%
Original Mortgage
$940,000
Outstanding Balance
$872,696
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$397,876
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Glovic Family Trust | $1,175,000 | First American Title Company O |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Glovic Family Trust | $940,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2022 03/03/22 | Sold | $1,175,000 | -5.2% | $588 / Sq Ft |
| 01/26/2022 01/26/22 | Pending | -- | -- | -- |
| 01/17/2022 01/17/22 | For Sale | $1,239,000 | -- | $620 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,761 | $1,246,919 | $795,906 | $451,013 |
| 2024 | $15,761 | $1,222,470 | $780,300 | $442,170 |
| 2023 | $15,496 | $1,198,500 | $765,000 | $433,500 |
| 2022 | $10,640 | $840,000 | $500,000 | $340,000 |
| 2021 | $4,333 | $318,716 | $152,775 | $165,941 |
| 2020 | $4,321 | $315,649 | $151,209 | $164,440 |
| 2019 | $4,270 | $309,465 | $148,245 | $161,220 |
| 2018 | $4,069 | $303,402 | $145,339 | $158,063 |
| 2016 | $3,741 | $291,431 | $139,697 | $151,734 |
| 2015 | $3,597 | $287,054 | $137,599 | $149,455 |
| 2014 | $3,586 | $281,432 | $134,904 | $146,528 |
Source: Public Records
Agents Affiliated with this Home
-
Jamie Kim
-
Thomas Ly
Seller Co-Listing Agent in 2022
Thomas Ly
Real Broker
(714) 236-9524
1 in this area
52 Total Sales
-
Dusty Mulhearn
Buyer's Agent in 2022
Dusty Mulhearn
Real Broker
(949) 500-6274
1 in this area
27 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22009472
APN: 7260-015-007
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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