NOT LISTED FOR SALE

Estimated Value: $1,007,000 - $1,154,548

5 Beds
5 Baths
3,708 Sq Ft
$289/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $515,000 $139 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,086/month

Highlights

  • Traditional Architecture
  • Private Yard
  • Double Door Entry
  • Long Beach Polytechnic High School Rated A
  • No HOA
  • Tile Countertops

About This Home

As of May 2013

This is a wonderful 4 unit complex consisting of a small single family home and a 3 unit building behind situated on a 7,400 lot fully fenced with block wall and wrought iron. The complex is fully rented and remodeled from head to toe within the past 4 years. There is off-street parking for 5 cars and a community laundry area perfect for a coin operated washer and dryer. This property is in a convenient location in Wrigley Village close to the 405 & 710 Freeways.

Last Agent to Sell the Property

Shawn Mohler

The Mohler Real Estate Group License #01910887 Listed on: 02/01/2013

Last Buyer's Agent

Ashraf Metry

Pacific Residential Realty, Inc. License #01835984

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,484 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Level Lot
  • Private Yard

Parking

  • 5 Parking Spaces

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 1st floor
  • Asphalt Roof
  • Common Roof
  • Stucco

Interior Spaces

  • 3,708 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Double Door Entry
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • No Interior Steps
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, trash collection
  • Tax Lot 20
  • Assessor Parcel Number 7205008017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $75
  • Insurance Expense $600
  • Water Sewer Expense $100
  • New Taxes Expense $509
  • Gross Income $3,675
  • Net Operating Income $3,420

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: Yes
  • Inclusions: 4 stoves, 4 refrigerators
  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7205008017
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 138.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: West
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt, Common Roof
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street, Yard
  • Lot Size Sq Ft: 7484.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Trash Collection

Multi Family

  • Average1 Bed Area: 825
  • Average2 Bed Area: 850
  • Electric Expense: 75.00
  • Gross Income: 3675.00
  • Gross Scheduled Income: 44100.00
  • Insurance Expense: 600.00
  • Lot Size Area: 7484.0000 Square Feet
  • Net Operating Income: 3420.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 255.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 509.00
  • Tax Lot: 20
  • Tax Tract Number: c007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2013
Sold by
Rounds Satian
Bought by
Jess Kiyabu Llc
Current Estimated Value
$1,032,915

Purchase Details

Listed on
Feb 1, 2013
Closed on
May 10, 2013
Sold by
Kiyabu Stephen H
Bought by
Rounds Satian
Seller's Agent
Shawn Mohler
The Mohler Real Estate Group
Buyer's Agent
Ashraf Metry
Pacific Residential Realty, Inc.
List Price
$509,900
Sold Price
$515,000
Premium/Discount to List
$5,100
1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Mar 8, 2012
Sold by
Juskalian Chris
Bought by
Kiyabu Stephen H and Rounds Satian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2008
Sold by
Lasalle Bank National Association
Bought by
Juskalian Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,800
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2008
Sold by
Chavez Rigoberto
Bought by
Lasalle Bank Na and Bear Stearns Asset Backed Securities Tru

Purchase Details

Closed on
Mar 22, 2004
Sold by
Chavez Gonzalo
Bought by
Chavez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2000
Sold by
Foley Michael
Bought by
Foley Michael E and The Michael E Foley Trust

Purchase Details

Closed on
Jan 22, 1999
Sold by
The Bank Of New York
Bought by
Foley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,600
Interest Rate
6.63%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Elian Robert J
Bought by
Amresco Residential Securities Corp Mtg

Purchase Details

Closed on
Apr 25, 1996
Sold by
Hernandez Dolores F
Bought by
Elian Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.25%
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
Jess Kiyabu Llc -- None Available
Rounds Satian -- Accommodation
Kiyabu Stephen H $515,000 First American Title Company
Juskalian Chris $334,000 Lsi Title Company Ca
Lasalle Bank Na $421,635 None Available
Chavez Rigoberto -- Ticor Title Company
Chavez Rigoberto -- Ticor Title Company
Foley Michael E -- --
Foley Michael $135,500 Fidelity National Title Co
Amresco Residential Securities Corp Mtg $118,370 American Title Co
Elian Robert J $155,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiyabu Stephen H $386,250
Previous Owner Juskalian Chris $233,800
Previous Owner Chavez Rigoberto $296,000
Previous Owner Foley Michael $130,600
Previous Owner Elian Robert J $126,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $515,000 +1.0% $139 / Sq Ft
02/01/2013 02/01/13 For Sale $509,900 -- $138 / Sq Ft
02/22/2012 02/22/12 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 $8,658 $634,174 $369,423 $264,751
2024 $8,658 $621,740 $362,180 $259,560
2023 $8,504 $609,550 $355,079 $254,471
2022 $7,997 $597,599 $348,117 $249,482
2021 $7,827 $585,883 $341,292 $244,591
2020 $7,807 $579,877 $337,793 $242,084
2019 $7,716 $568,508 $331,170 $237,338
2018 $7,444 $557,362 $324,677 $232,685
2016 $6,864 $535,720 $312,070 $223,650
2015 $6,597 $527,674 $307,383 $220,291
2014 $6,566 $517,338 $301,362 $215,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13013930

California Regional Multiple Listing Service (CRMLS)

APN: 7205-008-017