NOT LISTED FOR SALE
6 Beds
5 Baths
3,025 Sq Ft
6,208 Sq Ft Lot

Sale Details

Date Sold: March 19, 2015

Last sale price $642,000 $212 Per Sq Ft

38 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Wall Furnace
  • Long Beach Polytechnic High School Rated A
  • Carpet
  • 5-minute walk to NAACP Freedom Park

About This Home

As of March 2015

5 Unit 1- 2 bedroom house with 4- 1 bedroom 2 story walk up in rear. Newer dual pane windows, newer paint, good condition through out. Separate laundry room.

Last Agent to Sell the Property

James McCormick

Real Broker License #00804012 Listed on: 01/09/2015

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,208 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,025 Sq Ft Home
  • Carpet
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 2
  • Tax Tract Number 4
  • Assessor Parcel Number 7211010003

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Insurance Expense $1,990
  • Maintenance Expense $1,000
  • Trash Expense $10
  • Water Sewer Expense $2,040
  • New Taxes Expense $7,150
  • Gross Income $5,100
  • Net Operating Income $47,302

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

6,208 Sq Ft Lot

Listing Details

  • CapRate: 6.10
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 2040.00
  • Property Type: Residential Income
  • Parcel Number: 7211010003
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 212.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 10.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6208.00
  • Lot Size Acres: 0.1430

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 5100.00
  • Gross Scheduled Income: 53400.00
  • Gross Spendable Income: 48302.00
  • Insurance Expense: 1990.00
  • Lot Size Area: 6208.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 47302.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 12600.00
  • Rent Control: No
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 7150.00
  • Tax Lot: 2
  • Tax Tract Number: 4
  • Tax Year: 2013

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Prior Sale
03/19/2015 03/19/15 Sold $642,000 -1.2% $212 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $650,000 +27.5% $215 / Sq Ft
01/15/2014 01/15/14 Sold $510,000 -3.8% $169 / Sq Ft View Prior Sale
01/10/2014 01/10/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $530,000 -- $175 / 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
2026 $13,954 $1,035,074 $552,040 $483,034
2025 $13,954 $1,014,779 $541,216 $473,563
2024 $13,359 $994,882 $530,604 $464,278
2023 $13,130 $975,375 $520,200 $455,175
2022 $12,334 $956,250 $510,000 $446,250
2021 $9,245 $699,499 $277,578 $421,921
2020 $9,221 $692,637 $274,732 $417,905
2019 $9,113 $679,063 $269,346 $409,717
2018 $8,807 $665,755 $264,065 $401,690
2016 $8,105 $639,607 $253,812 $385,795
2015 $6,553 $520,189 $203,996 $316,193
2014 $6,984 $550,000 $302,500 $247,500
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14255364

California Regional Multiple Listing Service (CRMLS)
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