M
Seller's Agent in 2023
Matthew Sillaman
LB Property Management Inc
2510 E Harrison St Long Beach, CA 90810
Estimated Value: $432,000 - $723,883
2
Beds
2
Baths
960
Sq Ft
$649/Sq Ft
Est. Value
Highlights
- No HOA
- Level Lot
- 1-Story Property
About This Home
As of July 2023This amazing property is located in the highly sought-after South Bay area on E Harrison St., just east of Alameda St. in Carson, CA. Situated in a garden street neighborhood, the property offers easy access to Long Beach, Downtown Los Angeles, LAX, and SoFi Stadium. The property consists of two detached cottages, each approximately 480 SF in size. Each unit features one bedroom, one bathroom, and a convenient washer/dryer setup. Currently, both units are occupied by Section-8 tenants, ensuring a reliable and steady income stream. The lot spans approximately 6,041 SF and occupies a corner location with alleyway access. A preliminary zoning analysis suggests: that the current zoning and lot size allows for a new triplex development. With a floor area ratio (FAR) of 0.55, each unit could be significantly expanded to approximately 1,100 SF. This presents an incredible opportunity to cash-flow the property while you conduct research and obtain the necessary permits. To ensure accuracy and compliance, it is advised that the buyer conducts their own investigation. The property is being sold in “As-Is” condition. Don’t miss out on this chance to invest in a potential triplex development in a great location. Act fast before it’s too late!
Last Agent to Sell the Property
Matthew Sillaman
LB Property Management Inc License #01925847 Listed on: 06/12/2023
Last Buyer's Agent
Matthew Sillaman
LB Property Management Inc License #01925847 Listed on: 06/12/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 6,041 Sq Ft Lot
- No Common Walls
- Level Lot
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 1467
- Tax Tract Number 7644
- Assessor Parcel Number 7308007010
- $1,251 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $875
- Maintenance Expense $1,000
- Pest Control $300
- Water Sewer Expense $1,000
- New Taxes Expense $5,959
- Operating Expense $10,334
- Gross Income $39,768
- Net Operating Income $29,435
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 12, 2023
Closed on
Jun 30, 2023
Sold by
Bought by
Seller's Agent
Matthew Sillaman
LB Property Management Inc
Buyer's Agent
Matthew Sillaman
LB Property Management Inc
List Price
$425,000
Sold Price
$470,000
Premium/Discount to List
$45,000
10.59%
Views
170
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
$152,721
Avg. Annual Appreciation
10.12%
Purchase Details
Closed on
Jun 17, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%
Purchase Details
Closed on
Sep 20, 2010
Sold by
Bought by
Purchase Details
Closed on
May 20, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,678
Interest Rate
5.05%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 19, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,678
Interest Rate
5.05%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 27, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 28, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 9, 2007
Sold by
Bought by
Purchase Details
Closed on
May 1, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,500
Interest Rate
9.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,900
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 18, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 9, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
9.25%
Purchase Details
Closed on
Sep 19, 2000
Sold by
Bought by
Purchase Details
Closed on
Jul 19, 2000
Sold by
Bought by
Purchase Details
Closed on
Apr 1, 1998
Sold by
Bought by
Purchase Details
Closed on
Feb 8, 1994
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.24%
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
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $470,000 | Fidelity National Title | ||
| -- | -- | ||
| -- | None Available | ||
| -- | Lawyers Title | ||
| $39,500 | Lawyers Title | ||
| -- | None Available | ||
| $275,000 | First American Title Ins Co | ||
| $316,200 | Alliance Title Company | ||
| -- | Fidelity National Title | ||
| -- | Financial Title Company La | ||
| -- | First American Title Company | ||
| $144,000 | Fidelity National Title Ins | ||
| $92,000 | Fidelity National Title | ||
| $80,928 | American Title Co | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | ||
| Previous Owner | $214,678 | ||
| Previous Owner | $220,000 | ||
| Previous Owner | $436,500 | ||
| Previous Owner | $315,900 | ||
| Previous Owner | $222,000 | ||
| Previous Owner | $104,000 | ||
| Previous Owner | $76,500 | ||
| Closed | $40,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 07/19/2023 07/19/23 | Sold | $470,000 | +10.6% | $490 / Sq Ft |
| 06/12/2023 06/12/23 | For Sale | $425,000 | -- | $443 / 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 |
|---|---|---|---|---|
| 2025 | $7,130 | $479,400 | $373,320 | $106,080 |
| 2024 | $6,926 | $470,000 | $366,000 | $104,000 |
| 2023 | $4,694 | $285,347 | $173,692 | $111,655 |
| 2022 | $4,466 | $279,753 | $170,287 | $109,466 |
| 2021 | $4,403 | $274,269 | $166,949 | $107,320 |
| 2020 | $4,364 | $271,458 | $165,238 | $106,220 |
| 2019 | $4,220 | $266,137 | $161,999 | $104,138 |
| 2018 | $4,168 | $260,920 | $158,823 | $102,097 |
| 2016 | $4,015 | $250,790 | $152,656 | $98,134 |
| 2015 | $3,921 | $247,023 | $150,363 | $96,660 |
| 2014 | $3,912 | $242,185 | $147,418 | $94,767 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR23104152
APN: 7308-007-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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