NOT LISTED FOR SALE

Estimated Value: $788,826 - $825,000

5 Beds
3 Baths
1,899 Sq Ft
$425/Sq Ft Est. Value

Last Sold November 16, 2015

Last sale price $425,000 $224 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,970/month

298 Days on Market

Highlights

  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Level Lot

About This Home

As of November 2015

This Triplex features many ammenities. Located close to schools, Airport, shopping, and freeways. Great investment opportunity. First unit is a Three Bedroom, one Bath. Second unit is a one Bedroom, one Bath. Second unit was rebuilt in 1980. Third unit is a one bedroom studio. All units are currently rented. Rents are currntly low and new owner could raise rents if desired. The address on the front house is #2358 and is blue in color with white trim. Great investment if you can update the condition of the units yourself. The propeties are in need of updating and will not be approved by a lender. The properties will be sold in AS-IS-Condition. Looking for Cash offers. Priced to sell.

Last Agent to Sell the Property

Mark Ballin

Berkshire Hathaway HomeServices California Properties License #01397137 Listed on: 09/19/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Jorge Enciso

Century 21 Allstars License #01116452

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,806

Year Built

  • Built in 1920

Lot Details

  • 6,551 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Parking Space

Home Design

  • 1,899 Sq Ft Home
  • Fixer Upper

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 3463
  • Assessor Parcel Number 7208017006

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $500
  • New Taxes Expense $1,818
  • Net Operating Income $1,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,806

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Wrigley Area (WR)
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 7208017006
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 223.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 6551.00
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Scheduled Income: 1900.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6551.0000 Square Feet
  • Net Operating Income: 1900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 2318.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1818.00
  • Tax Lot: 5
  • Tax Tract Number: 3463
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2014
Closed on
Nov 6, 2015
Sold by
Wolf Marc S and Wolf Alexia A
Bought by
Pin Khemarin K and Chum Sophal
Seller's Agent
Mark Ballin
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Jorge Enciso
Century 21 Allstars
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$807,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,957
Avg. Annual Appreciation
6.24%

Purchase Details

Closed on
Aug 27, 2015
Sold by
Wolf Marc S and Wolf Alexia A
Bought by
Wolf Marc S and Wolf Alexia A

Purchase Details

Closed on
Mar 31, 2009
Sold by
Wolf Marc S
Bought by
Wolf Marc S and Wolf Alexia A
Source: Public Records

Range of Values:

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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
Pin Khemarin K $425,000 Chicago Title Company
Wolf Marc S -- Accommodation
Wolf Marc S -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $425,000 0.0% $224 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
09/19/2014 09/19/14 For Sale $425,000 -- $224 / 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 $6,806 $503,109 $295,947 $207,162
2024 $6,806 $493,245 $290,145 $203,100
2023 $6,690 $483,574 $284,456 $199,118
2022 $6,292 $474,093 $278,879 $195,214
2021 $6,160 $464,798 $273,411 $191,387
2020 $6,144 $460,033 $270,608 $189,425
2019 $6,074 $451,013 $265,302 $185,711
2018 $5,822 $442,170 $260,100 $182,070
2016 $5,358 $425,000 $250,000 $175,000
2015 $1,863 $126,570 $58,011 $68,559
2014 $1,869 $124,092 $56,875 $67,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14202221

California Regional Multiple Listing Service (CRMLS)

APN: 7208-017-006