NOT LISTED FOR SALE

Estimated Value: $865,000 - $935,048

4 Beds
2 Baths
2,128 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $895,000 $421 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,570/month

117 Days on Market

Highlights

  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Rectangular Lot

About This Home

As of October 2022

This 1928 construction Spanish-style property offers two spacious two-bedroom/one-bath units that average over 1,000 square feet, as well as an inner courtyard, two single-car garages, and a shared backyard. The asset’s desirable unit mix, great location, 22 percent rental upside and ADU development potential make this a great investment opportunity.

Located near the intersection of Long Beach Boulevard and Willow Street, 233 East 25th Street boasts convenient proximity to retail and is within walking distance of an Albertson’s, Starbucks, CVS, Wells Fargo, Carl’s Jr., McDonald’s, L&L Hawaiian Barbecue, and More. This commuter-friendly location is also within easy walking distance of the Metro Blue Line and a mile from both the 710 and 405 freeways.

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 05/18/2022

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,587 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • 2,128 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 7208002010
  • $425 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Wrigley Area Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Operating Expense $15,940
  • Gross Income $42,360
  • Net Operating Income $25,149

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7208002010
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 420.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6587.00
  • Lot Size Acres: 0.1512

Multi Family

  • Gross Income: 42360.00
  • Gross Scheduled Income: 42360.00
  • Lot Size Area: 6587.0000 Square Feet
  • Net Operating Income: 25149.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 15940.00
  • Rent Control: Yes
  • Total Expenses: 15940.00

Tax Info

  • Tax Census Tract: 5731.01
  • Tax Lot: 19
  • TaxOtherAnnualAssessmentAmount: 425.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Sep 26, 2022
Sold by
Yunus Imran
Bought by
Priest Melissa
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$795,000
Sold Price
$895,000
Premium/Discount to List
$100,000
12.58%
Views
19
Current Estimated Value
$902,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,512
Avg. Annual Appreciation
0.26%

Purchase Details

Closed on
Oct 21, 2015
Sold by
Jauman Yvonne J
Bought by
Jauman Yvonne J and The Jauman Family Trust
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
Priest Melissa -- Clearmark Title
Jauman Yvonne J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $895,000 +19.3% $421 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/22/2022 08/22/22 Price Changed $750,000 -2.0% $352 / Sq Ft
07/25/2022 07/25/22 Price Changed $765,000 -1.3% $359 / Sq Ft
06/28/2022 06/28/22 Price Changed $775,000 -2.5% $364 / Sq Ft
05/18/2022 05/18/22 For Sale $795,000 -- $374 / 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 $10,258 $780,300 $520,200 $260,100
2024 $10,258 $765,000 $510,000 $255,000
2023 $9,849 $750,000 $500,000 $250,000
2022 $1,522 $88,765 $53,929 $34,836
2021 $1,478 $87,025 $52,872 $34,153
2019 $1,458 $84,445 $51,304 $33,141
2018 $1,338 $82,791 $50,299 $32,492
2016 $1,221 $79,578 $48,347 $31,231
2015 $1,179 $78,383 $47,621 $30,762
2014 $1,181 $76,849 $46,689 $30,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22105028

California Regional Multiple Listing Service (CRMLS)

APN: 7208-002-010