NOT LISTED FOR SALE

232 E 21st St Long Beach, CA 90806

Southeast Wrigley Neighborhood

Estimated Value: $1,262,000 - $1,414,000

8 Beds
6 Baths
3,996 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $1,100,000 $275 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,512/month

3 Days on Market

About This Home

As of May 2021

Owner-User Opportunity! 4-Units Built in 1963, Unit Mix: (2) 1+1; (2) 3+2 One (1) Three-Bedroom/Two-Bathroom Unit to be Delivered Vacant. Four (4) One-Car Garages for Parking or Two (2) Studio Accessory Dwelling Units (ADUs) for Additional Income. Upgrades and Renovations in Several Units. Growing Submarket with Attractive Demographics. Building is individually metered for Gas & Electricity. 47% Rental Upside Potential. Please see the link to the property website for the Offering Memorandum for more information on the listing.

Last Agent to Sell the Property

Charles Wright

Matthews Real Estate Investment Services License #01985584 Listed on: 02/12/2021

Last Buyer's Agent

Angel Martinez

Scott Properties Group License #01836393

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,736 Sq Ft Lot
  • Lot Dimensions are 50x95

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 3,996 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7209-013-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3996
  • Lot Acreage: 0.1087
  • Lot Dimensions: 50x95
  • Stories: 2
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 275.28

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 4

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 7209-013-004
  • Lot Size Area: 4736

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.58
  • Number Of Units: 4
  • Type Of Units: Apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2021
Sold by
Hernandez Jose J
Bought by
21St Street Lgb Llc
Current Estimated Value
$1,370,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2012
Closed on
Oct 31, 2012
Sold by
Hernandez Ofelia
Bought by
Hernandez Jose J
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Oscar Castro
OC Pros Real Estate
List Price
$579,000
Sold Price
$540,000
Premium/Discount to List
-$39,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$405,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2012
Closed on
Oct 19, 2012
Sold by
Gb Inland Properties Ii Llc
Bought by
Hernandez Jose J
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Oscar Castro
OC Pros Real Estate
List Price
$579,000
Sold Price
$540,000
Premium/Discount to List
-$39,000
-6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2012
Sold by
Mccullough Freddie
Bought by
Gb Inland Properties Ii Llc

Purchase Details

Closed on
Sep 20, 2005
Sold by
Mccullough Freddie
Bought by
Mccullough Freddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2002
Sold by
Mccullogh Delishia
Bought by
Mccullough Freddie

Purchase Details

Closed on
Apr 5, 2002
Sold by
Chabab Lubavitch Of Hawaii Inc
Bought by
Mccullough Freddie and Mccullough Delishia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,978
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2001
Sold by
Hud
Bought by
Chabad Lubavitch Of Hawaii Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.17%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 16, 2000
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Jan 24, 1998
Sold by
Salmeron Carolina
Bought by
Becerra Efren

Purchase Details

Closed on
Mar 19, 1997
Sold by
Salmeron Carolina
Bought by
Becerra Efren and Becerra Victor

Purchase Details

Closed on
Dec 30, 1996
Sold by
Becerra Teresa Murrilo
Bought by
Becerra Efren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,788
Interest Rate
7.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 1996
Sold by
Sanchez Palemon M
Bought by
Salmeron Carolina and Becerra Efren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,788
Interest Rate
7.46%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1996
Sold by
Rodriguez Oscar
Bought by
Sanchez Palemon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,788
Interest Rate
7.46%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 1996
Sold by
Great Western Bank Fsb
Bought by
Rodriguez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.1%

Purchase Details

Closed on
Aug 31, 1995
Sold by
Batugal Ondrico
Bought by
Great Western Bank Fsb
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
21St Street Lgb Llc $1,100,000 North American Title
Hernandez Jose J -- None Available
Hernandez Jose J $540,000 None Available
Gb Inland Properties Ii Llc $382,500 Title 365
Mccullough Freddie -- Ticor Title Co Fullerton
Mccullough Freddie -- --
Mccullough Freddie $325,000 American Title Co
Chabad Lubavitch Of Hawaii Inc $182,000 Stewart Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $268,082 Landsafe Title
Becerra Efren -- --
Becerra Efren -- --
Becerra Efren -- Commonwealth Land Title Co
Salmeron Carolina $245,000 Commonwealth Land Title Co
Sanchez Palemon M $40,500 Commonwealth Land Title Co
Rodriguez Oscar $120,000 --
Great Western Bank Fsb $68,760 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 21St Street Lgb Llc $715,000
Previous Owner Hernandez Jose J $405,000
Previous Owner Mccullough Freddie $500,000
Previous Owner Mccullough Freddie $319,978
Previous Owner Chabad Lubavitch Of Hawaii Inc $250,000
Previous Owner Salmeron Carolina $235,788
Previous Owner Rodriguez Oscar $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $1,100,000 0.0% $275 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $1,100,000 +103.7% $275 / Sq Ft
11/30/2012 11/30/12 Sold $540,000 -6.7% $135 / Sq Ft View Prior Sale
10/17/2012 10/17/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $579,000 +43.0% $145 / Sq Ft
05/31/2012 05/31/12 Sold $405,000 +16.4% $101 / Sq Ft View Prior Sale
03/26/2012 03/26/12 Pending -- -- --
11/04/2011 11/04/11 For Sale $348,000 -- $87 / Sq Ft
Source: The MLS

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 $16,242 $1,190,674 $541,216 $649,458
2024 $15,523 $1,167,328 $530,604 $636,724
2023 $15,259 $1,144,440 $520,200 $624,240
2022 $14,330 $1,122,000 $510,000 $612,000
2021 $8,143 $614,326 $227,528 $386,798
2020 $8,120 $608,027 $225,195 $382,832
2019 $8,027 $596,106 $220,780 $375,326
2018 $7,759 $584,418 $216,451 $367,967
2016 $7,125 $561,726 $208,047 $353,679
2015 $6,847 $553,289 $204,922 $348,367
2014 $6,814 $542,451 $200,908 $341,543
Source: Public Records

Agents Affiliated with this Home

  • Charles Wright

    Seller's Agent in 2021

    Charles Wright

    Matthews Real Estate Investment Services

    (866) 889-0550

    1 in this area

    21 Total Sales

    Charles Wright
    Section Image

  • A

    Buyer's Agent in 2021

    Angel Martinez

    Scott Properties Group

    (310) 260-6363

    1 in this area

    8 Total Sales

    Angel Martinez
    Section Image

  • R

    Seller's Agent in 2012

    Rick Young

    Young Estate Services

    Section Image

  • M

    Seller's Agent in 2012

    Michael Maldonado

    Preferred Properties

    Section Image
  • Oscar Castro

    Buyer's Agent in 2012

    Oscar Castro

    OC Pros Real Estate

    (714) 321-9876

    17 Total Sales

    Oscar Castro
    Section Image
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Map

Source: The MLS

MLS Number: 21-692780

The MLS

APN: 7209-013-004

California Los Angeles County Long Beach 90806 Southeast Wrigley

232 E 21st St, Long Beach, CA

Not Listed for Sale

MultiFamily

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