2414 E 14th St Long Beach, CA 90804
Zaferia NeighborhoodEstimated Value: $758,000 - $938,900
4
Beds
2
Baths
1,704
Sq Ft
$499/Sq Ft
Est. Value
Highlights
- Laundry Room
- Woodrow Wilson High School Rated A
- Rectangular Lot
About This Home
As of March 20232414 East 14th Street is a duplex in Long Beach, California. This offering is a great value-add opportunity with 37 percent rental upside and the potential to convert the garages to an ADU (buyer to verify).
The property is a single-story 1923 construction with two two-bedroom/one-bath units and two single-car garages. The units boast 850-square foot floor plans with in-unit laundry hookups, and each unit has a private patio.
2414 East 14th Street is located just east of Junipero Avenue in Eastside Long Beach, a highly desirable and strong-performing rental submarket. The property has easy access to retail (WalkScore: 91) and is within a 10-minute drive of Cal State Long Beach, Downtown Long Beach, the beach, and the 405 and 710 freeways.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 10/24/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,128
Year Built
- Built in 1923
Lot Details
- 3,206 Sq Ft Lot
- No Common Walls
- Rectangular Lot
Parking
- 2 Car Garage
Home Design
- 1,704 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 1
- Assessor Parcel Number 7260023027
- $412 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Operating Expense $12,110
- Gross Income $42,421
- Net Operating Income $30,311
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 24, 2022
Closed on
Feb 6, 2023
Sold by
Security Eat 615 Inc
Bought by
Othman Omar Bryan
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
Ramzi Rabbat
Realty One Group West
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Total Days on Market
99
Views
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,475
Avg. Annual Appreciation
14.47%
Original Mortgage
$468,750
Outstanding Balance
$456,174
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$394,301
Purchase Details
Closed on
Sep 9, 2022
Sold by
Darrin Schechinger
Bought by
Security Eat 615 Inc
Purchase Details
Closed on
Jan 21, 2021
Sold by
Waldman Linda and The Dennis H Schechinger Trust
Bought by
Schechinger Darrin
Purchase Details
Closed on
Sep 25, 2009
Sold by
Schechinger Dennis H
Bought by
Schechinger Dennis H and Dennis H Schechinger Trust
Purchase Details
Closed on
Mar 28, 2002
Sold by
Thai Tony Thanh
Bought by
Schechinger Dennis H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.99%
Purchase Details
Closed on
Nov 28, 2000
Sold by
Hud
Bought by
Thai Tony Thanh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.58%
Purchase Details
Closed on
Jan 19, 2000
Sold by
Old Kent Mtg Company
Bought by
Hud
Purchase Details
Closed on
Sep 3, 1999
Sold by
Rocha William E
Bought by
Old Kent Mtg Company
Purchase Details
Closed on
Sep 30, 1997
Sold by
Acosta Frank P
Bought by
Rocha William E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,675
Interest Rate
7.33%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 3, 1997
Sold by
Trust Weber David P & Celeste S 1995 Fam and Weber Celeste S
Bought by
Acosta Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.83%
Purchase Details
Closed on
Oct 11, 1995
Sold by
Weber David P R and Weber Celeste S
Bought by
Weber David P R
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Othman Omar Bryan | $625,000 | Ticor Title | |
| Security Eat 615 Inc | -- | -- | |
| Schechinger Darrin | -- | None Available | |
| Schechinger Dennis H | -- | None Available | |
| Schechinger Dennis H | $180,000 | American Title Co | |
| Thai Tony Thanh | $106,000 | Provident Title | |
| Hud | -- | American Title | |
| Old Kent Mtg Company | $165,577 | Benefit Land Title Ins Co | |
| Rocha William E | $159,000 | American Title Ins Co | |
| Acosta Frank | $70,000 | North American Title Co | |
| Weber David P R | -- | -- | |
| Weber David P R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Othman Omar Bryan | $468,750 | |
| Previous Owner | Schechinger Dennis H | $186,600 | |
| Previous Owner | Schechinger Dennis H | $200,000 | |
| Previous Owner | Schechinger Dennis H | $144,000 | |
| Previous Owner | Thai Tony Thanh | $95,000 | |
| Previous Owner | Rocha William E | $155,675 | |
| Previous Owner | Acosta Frank | $83,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/03/2023 03/03/23 | Sold | $625,000 | -3.7% | $367 / Sq Ft |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 11/30/2022 11/30/22 | Price Changed | $649,000 | -7.2% | $381 / Sq Ft |
| 10/24/2022 10/24/22 | For Sale | $699,000 | -- | $410 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,128 | $867,000 | $459,000 | $408,000 |
| 2023 | $7,275 | $548,363 | $319,288 | $229,075 |
| 2022 | $6,831 | $537,612 | $313,028 | $224,584 |
| 2021 | $3,283 | $240,828 | $120,414 | $120,414 |
| 2020 | $3,274 | $238,600 | $119,180 | $119,420 |
| 2019 | $3,237 | $233,928 | $116,844 | $117,084 |
| 2018 | $3,104 | $229,346 | $114,553 | $114,793 |
| 2016 | $2,852 | $220,210 | $110,105 | $110,105 |
| 2015 | $2,742 | $216,904 | $108,452 | $108,452 |
| 2014 | $2,732 | $212,656 | $106,328 | $106,328 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
S
Seller's Agent in 2023
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1200
1 in this area
97 Total Sales
-
Ramzi Rabbat
Buyer's Agent in 2023
Ramzi Rabbat
Realty One Group West
(714) 270-4212
1 in this area
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22228466
APN: 7260-023-027
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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