NOT LISTED FOR SALE

Estimated Value: $1,043,000 - $1,311,000

10 Beds
5 Baths
2,500 Sq Ft
$481/Sq Ft Est. Value

Last Sold November 20, 2014

Last sale price $565,000 $226 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,416/month

43 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A

About This Home

As of November 2014

Nice 4 Unit property with fairly new exterior paint, roof and windows. The front house is 3 bedrooms & 1 bath. There are two separate buildings in the back. One of the two buildings in the back has two units and each unit has 2 bedrooms & 1 bath. The other building is the 3 bedroom 2 bath. This property only needs cosmetic work like new paint and flooring on the interior of all units. There is a garage that was converted into a storage unit that can also be used as laundry room. This room has drains and hookups ready for coin operated washer/dryer for extra income. The entire property is gated and fenced with private intercom security gate. Both rear buildings have copper plumbing. Current tenants are month to month. No rent control.

Last Agent to Sell the Property

Anna Aguirre

Taurus Realty Group License #01897369 Listed on: 09/11/2014

Last Buyer's Agent

David Belasco

Century 21 Masters License #00939551

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 5,674 Sq Ft Lot
  • Lot Dimensions are 45x130
  • No Common Walls

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • 2,500 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Tax Tract Number 3572
  • Assessor Parcel Number 7208014013

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $240
  • Insurance Expense $600
  • Trash Expense $600
  • Water Sewer Expense $2,760
  • New Taxes Expense $8,125
  • Gross Income $4,500
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Subdivision Name Other: Wrigley Area (WR)
  • Water Sewer Expenses: 2760.00
  • Property Type: Residential Income
  • Gardener Expense: 240.00
  • Parcel Number: 7208014013
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 226.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Parking Features: Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size: 45x130
  • Lot Size Sq Ft: 5674.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 4500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5674.0000 Square Feet
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Lot: 11
  • Tax Tract Number: 3572
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2020
Sold by
Altieri Charlotte
Bought by
Altieri Marc
Current Estimated Value
$1,203,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2016
Sold by
Hijjawi Reem
Bought by
Reem Hijjawi Llc

Purchase Details

Listed on
Sep 11, 2014
Closed on
Nov 3, 2014
Sold by
Alatorre Roberto Sanchez
Bought by
Hijjawi Reem
Seller's Agent
Anna Aguirre
Taurus Realty Group
Buyer's Agent
David Belasco
Century 21 Masters
List Price
$650,000
Sold Price
$565,000
Premium/Discount to List
-$85,000
-13.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$181,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2010
Sold by
Evans Miles and Evans Rosemary
Bought by
Alatorre Roberto Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,100
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2010
Sold by
Quiette Dashon and Otieno Lily
Bought by
Evans Miles and Evans Rosemary

Purchase Details

Closed on
May 31, 2007
Sold by
Quiette Dashon
Bought by
Locust Group Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2007
Sold by
Locust Group Enterprises Inc
Bought by
Quiette Dashon

Purchase Details

Closed on
Jul 21, 2006
Sold by
Quiette Dashon T and Quiette Lily A
Bought by
Locust Group Enterprises Inc

Purchase Details

Closed on
Mar 14, 2005
Sold by
Mizizi Inc
Bought by
Quiette Dashon and Otieno Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,500
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Quiette Dashon and Otieno Lily
Bought by
Realty Management Services Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2004
Sold by
Trujillo Carmelita B
Bought by
Quiette Dashon and Otieno Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 2002
Sold by
Trujillo John B
Bought by
Trujillo Carmelita B

Purchase Details

Closed on
Jan 31, 2002
Sold by
Villareal Francisco and Valadez Daniel
Bought by
Trujillo Carmelita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.87%

Purchase Details

Closed on
Jan 26, 2000
Sold by
Villarreal Maria
Bought by
Villarreal Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,506
Interest Rate
8.26%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 1999
Sold by
Ward John S
Bought by
Delphine Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.77%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Holmes Harry L Tr Harry L Holmes Trust
Bought by
Ward John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
6.77%

Purchase Details

Closed on
Sep 29, 1994
Sold by
Holmes Harry L
Bought by
Holmes Harry Lamont

Purchase Details

Closed on
Oct 13, 1993
Sold by
Owens Andrew W and Owens Kathleen M
Bought by
Holmes Harry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,821
Interest Rate
6.97%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Altieri Marc -- First American Title Company
Altieri Marc A $955,000 First American Title Company
Reem Hijjawi Llc -- None Available
Hijjawi Reem $565,000 First American Title Company
Alatorre Roberto Sanchez $435,000 North American Title Company
Alatorre Roberto Sanchez -- None Available
Evans Miles -- None Available
Locust Group Enterprises Inc -- None Available
Quiette Dashon -- None Available
Locust Group Enterprises Inc -- None Available
Quiette Dashon -- --
Realty Management Services Co -- --
Quiette Dashon $480,000 Chicago Title Co
Trujillo Carmelita B -- Chicago Title Co
Trujillo Carmelita B $345,000 Chicago Title Co
Villarreal Miguel -- --
Villarreal Francisco -- --
Valadez Daniel -- --
Villarreal Francisco -- --
Villarreal Francisco $305,000 --
Delphine Group Llc -- --
Ward John S $124,000 Fidelity Title
Ward John S -- Fidelity Title
Holmes Harry Lamont -- --
Holmes Harry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Altieri Marc $650,000
Previous Owner Hijjawi Reem $181,000
Previous Owner Alatorre Roberto Sanchez $368,100
Previous Owner Locust Group Enterprises Inc $585,000
Previous Owner Quiette Dashon $652,500
Previous Owner Quiette Dashon $384,000
Previous Owner Trujillo Carmelita B $284,000
Previous Owner Villarreal Francisco $302,506
Previous Owner Ward John S $175,500
Previous Owner Holmes Harry L $16,821
Closed Trujillo Carmelita B $35,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2014 11/20/14 Sold $565,000 -13.1% $226 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $650,000 -- $260 / 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 $13,565 $1,044,427 $382,774 $661,653
2024 $13,565 $1,023,949 $375,269 $648,680
2023 $13,335 $1,003,872 $367,911 $635,961
2022 $12,522 $984,190 $360,698 $623,492
2021 $12,271 $964,893 $353,626 $611,267
2020 $9,439 $722,461 $318,362 $404,099
2019 $9,329 $708,312 $312,120 $396,192
2018 $9,011 $694,440 $306,000 $388,440
2016 $7,218 $573,616 $203,050 $370,566
2015 $6,934 $565,000 $200,000 $365,000
2014 $5,772 $454,628 $209,024 $245,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14197814

California Regional Multiple Listing Service (CRMLS)

APN: 7208-014-013