NOT LISTED FOR SALE
10 Beds
5 Baths
3,000 Sq Ft
6,600 Sq Ft Lot

Sale Details

Date Sold: April 3, 2015

Last sale price $585,000 $195 Per Sq Ft

9 Days on Market

Highlights

  • Accessible Parking
  • Landscaped
  • Heating System Uses Natural Gas
  • Long Beach Polytechnic High School Rated A
  • Level Lot

About This Home

As of April 2015

This Five-Plex is located on a quiet street. New paint on outside. Attractive & Elegant curb appeal! Most of the lot is landscaped! All water pipes inside all units were re-piped with copper & gas pipes all replaced in 2012. Entire building including garages were tented for termites in 2013. New windows in all units! All Five units are one bedroom that have been converted into two bedroom units, no permits on file. Owner spent a huge amount on recent repairs so this is indeed a bargain!

Last Agent to Sell the Property

Roshni Desai

Trident Home & Commercial Rlty License #01320525 Listed on: 01/14/2015

Last Buyer's Agent

Cesar Acosta

Coastal Assets Realty License #01320633

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,600 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Level Lot

Parking

  • 5 Car Garage

Home Design

  • 3,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Accessible Parking
  • Urban Location

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7208011006

Community Details

Overview

  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $178
  • Maintenance Expense $750
  • Professional Management Expense $325
  • Gross Income $5,609
  • Net Operating Income $39,965

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

6,600 Sq Ft Lot

Parking

5

Listing Details

  • Professional Management Expense: 325.00
  • Property Attached: Yes
  • Subdivision Name Other: Wrigley Area (WR)
  • Property Type: Residential Income
  • Parcel Number: 7208011006
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Levels: Two
  • Price Per Square Foot: 195.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Landscaped, Level with Street
  • Lot Size Sq Ft: 6600.00
  • Lot Size Acres: 0.1520

Multi Family

  • Electric Expense: 178.00
  • Gross Income: 5609.00
  • Gross Scheduled Income: 56625.00
  • Lot Size Area: 6600.0000 Square Feet
  • Maintenance Expense: 750.00
  • Net Operating Income: 39965.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 16660.00
  • Rent Control: No

Tax Info

  • Tax Lot: 5
  • Tax Year: 2014

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
Jan 28, 2015
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
$285,000
Interest Rate
0.0376%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2005
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
$503,500
Interest Rate
0.0558%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2004
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
$358,000
Interest Rate
0.0557%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2004
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
$358,000
Interest Rate
0.0557%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 2003
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
$270,000
Interest Rate
0.0546%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2003
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
$270,000
Interest Rate
0.0546%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 1994
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$585,000 Lawyers Title Company
$750,000 --
-- Lawyers Title
$565,000 Lawyers Title
$360,000 Chicago Title Co
-- United Title Company
$102,500 South Coast Title Company
$88,184 American 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
Previous Owner $285,000
Previous Owner $503,500
Previous Owner $358,000
Previous Owner $270,000
Previous Owner $109,981
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
04/03/2015 04/03/15 Sold $585,000 -10.0% $195 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $650,000 -- $217 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,990 $703,071 $300,457 $402,614
2024 $9,568 $689,286 $294,566 $394,720
2023 $9,401 $675,772 $288,791 $386,981
2022 $8,841 $662,523 $283,129 $379,394
2021 $8,649 $649,533 $277,578 $371,955
2019 $8,527 $630,270 $269,346 $360,924
2018 $8,229 $617,913 $264,065 $353,848
2016 $7,574 $593,920 $253,812 $340,108
2015 $6,885 $550,000 $305,800 $244,200
2014 $6,413 $500,000 $278,000 $222,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15008967

California Regional Multiple Listing Service (CRMLS)
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