NOT LISTED FOR SALE

Estimated Value: $903,000 - $1,122,000

4 Beds
2 Baths
1,800 Sq Ft
$580/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $925,000 $514 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,506/month

83 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • 4 Detached Carport Spaces
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • Floor Furnace

About This Home

As of December 2022

Wonderful opportunity in the amazing city of Long Beach! An investor's dream or YOUR dream home! TWO separate homes on ONE lot. Lease out both homes, lease out one home and use one for yourself! Or use both homes yourself! The possibilities are endless. Both homes have been fully renovated. Turnkey ~ Just move your furniture in and you're ready to go! Each home is two bedrooms, one bath and 900 square feet! Homes feature new interior and exterior paint, new windows, new flooring, gated carport, new kitchen in the front unit and updated kitchen in the back unit, a front, middle and backyard with fruit trees, and comes complete with a small basement attached to the back unit. This is an amazing opportunity! Long Beach Unified School District. Close to shopping, dining, entertainment and just THREE miles from the beach!

Last Agent to Sell the Property

Monica Cornelius

Major League Properties License #02005576 Listed on: 08/25/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919 | Remodeled

Lot Details

  • 6,451 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,800 Sq Ft Home
  • Family Room
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces
  • Parking Available

Schools

  • Lee Elementary School
  • Jefferson Middle School
  • Wilson High School

Additional Features

  • Exterior Lighting
  • Floor Furnace

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 1577
  • Assessor Parcel Number 7260016006

Property Details

Home Type

Multi-Family

Year Built

Built in 1919 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LBR2N
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7260016006
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1800.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 513.89
  • Room Type: All Bedrooms Down, Basement, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • Elementary School: Lee
  • High School: Wilson
  • Middle Or Junior School: Jefferson
  • Elementary School #2: LEE
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6451.00
  • Lot Size Acres: 0.1481

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6451.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5751.02
  • Tax Lot: 53
  • Tax Tract Number: 1577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Salvaggio Family Trust
Bought by
Kilgore Carol Salvaggio
Current Estimated Value
$1,044,384

Purchase Details

Closed on
Nov 9, 1993
Sold by
Salvaggio Charles P and Salvaggio Velma
Bought by
Salvaggio Charles P and Salvaggio Velma
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kilgore Carol Salvaggio -- Mckenzie Thomas L
Salvaggio Charles P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Sold $925,000 -2.1% $514 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $945,000 -3.1% $525 / Sq Ft
10/18/2022 10/18/22 Price Changed $975,000 -4.3% $542 / Sq Ft
09/13/2022 09/13/22 Price Changed $1,019,000 -3.0% $566 / Sq Ft
08/25/2022 08/25/22 For Sale $1,050,000 +31.3% $583 / Sq Ft
06/28/2022 06/28/22 Sold $800,000 -- $444 / Sq Ft View Prior Sale
05/12/2022 05/12/22 Pending -- -- --
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 $12,209 $962,370 $624,240 $338,130
2024 $12,209 $943,500 $612,000 $331,500
2023 $12,006 $925,000 $600,000 $325,000
2022 $4,330 $323,439 $196,027 $127,412
2021 $4,236 $317,098 $192,184 $124,914
2020 $4,225 $313,848 $190,214 $123,634
2019 $4,177 $307,695 $186,485 $121,210
2018 $3,998 $301,663 $182,829 $118,834
2016 $3,674 $289,951 $175,731 $114,220
2015 $3,531 $285,597 $173,092 $112,505
2014 $3,516 $280,004 $169,702 $110,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22180694

California Regional Multiple Listing Service (CRMLS)

APN: 7260-016-006