NOT LISTED FOR SALE

253 E Louise St Long Beach, CA 90805

Dairy Neighborhood

Estimated Value: $621,000 - $652,000

2 Beds
2 Baths
798 Sq Ft
$802/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $551,000 $690 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,981/month

38 Days on Market

Highlights

  • Fireplace in Bathroom
  • 2 Car Attached Garage
  • Bungalow
  • Fenced Yard
  • Air Conditioning
  • 4-minute walk to Grace Park

About This Home

As of October 2021

Wonderful bungalow style duplex in Long Beach, minutes away from Bixby Knolls! Live in one and rent out the other! Each unit is a true 1 bed 1 bath, comes with 1 car garage per unit. Long term tenants, on a month-to-month, both tenants are aware of sale. Rents are a bit lower, plenty of room for a great upside investment. This low maintenance property is a great starter home, close to all the restaurants, shopping, and recreation that Long Beach has to offer! Being sold as-is! Subject to interior inspection!

Last Agent to Sell the Property

Jesus C. Rodriguez

Astuno Realty Inc. License #01944027 Listed on: 08/02/2021

Last Buyer's Agent

Moe Verma

License #01930462

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 3,090 Sq Ft Lot
  • Fenced Yard
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow

Interior Spaces

  • 798 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Air Conditioning
  • Central Heating
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 7126-031-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 798
  • Lot Acreage: 0.0709
  • Property Condition: No Additions/Alter
  • Stories: 1
  • Year Built: 1954
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Bath
  • Appliances: Cooktop - Gas, Microwave, Oven-Gas
  • Bedrooms: 2
  • Common Walls: Attached
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Equipment: Electric Dryer Hookup
  • Price Per S Q F T: 689.22

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit, Gas, Electric
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 65.57
  • Assessed Improvement Value: 216485
  • Assessed Land Percent: 34.43
  • Assessed Land Value: 113654
  • Total Assessed Value: 330139
  • Assessor Parcel Number: 7126-031-028
  • Lot Description: Back Yard, Fenced Yard
  • Lot Size Area: 3090

Rental Info

  • Lease Per Month Year: Month
  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 33000.00
  • Number Of Units: 2
  • Type Of Units: 2

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Feb 18, 2016
Sold by
Gureghian Sahag
Bought by
Luna Michael A
Seller's Agent
Sergio Macias
Keller Williams Realty
Buyer's Agent
Sergio Macias
Keller Williams Realty
List Price
$288,000
Sold Price
$305,000
Premium/Discount to List
$17,000
5.9%
Current Estimated Value
$640,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,387
Avg. Annual Appreciation
7.83%
Original Mortgage
$299,475
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 2, 2016
Sold by
Luna Michael A
Bought by
Orozco Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,475
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,493
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Luna Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,493
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2008
Sold by
Bong Hiun Hiun
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Oct 9, 2007
Sold by
Louise Street Trust #253
Bought by
Bong Hiun Hiun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2007
Sold by
Macdonald Lawrence and Calderon Natalia S
Bought by
Louise Street Trust #253 and Shore Bird Llc

Purchase Details

Closed on
Mar 12, 2002
Sold by
Macdonald Lawrence
Bought by
Macdonald Lawrence
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Luna Michael A -- Fidelity National Title Co
Orozco Alexander $305,000 Fidelity National Title Co
Jpmorgan Chase Bank National Association -- Servicelink
Luna Michael A $165,000 Servicelink
Washington Mutual Bank $176,000 None Available
Bong Hiun Hiun $470,000 First American Title Co
Louise Street Trust #253 $350,000 None Available
Macdonald Lawrence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orozco Alexander $299,475
Previous Owner Luna Michael A $159,493
Previous Owner Bong Hiun Hiun $376,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/06/2021 10/06/21 Sold $551,000 +0.2% $690 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $550,000 +80.3% $689 / Sq Ft
04/08/2016 04/08/16 Sold $305,000 +5.9% $382 / Sq Ft View Prior Sale
01/26/2016 01/26/16 Pending -- -- --
01/16/2016 01/16/16 For Sale $288,000 -- $361 / Sq Ft
Source: The MLS

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 $7,824 $584,724 $266,362 $318,362
2024 $7,491 $573,260 $261,140 $312,120
2023 $7,364 $562,020 $256,020 $306,000
2022 $6,911 $551,000 $251,000 $300,000
2021 $4,315 $333,558 $114,831 $218,727
2019 $4,254 $323,947 $111,426 $212,521
2018 $4,117 $317,602 $109,242 $208,360
2017 $4,073 $311,100 $107,100 $204,000
2016 $2,342 $179,484 $108,779 $70,705
2015 $2,252 $176,789 $107,146 $69,643
2014 $2,246 $173,327 $105,048 $68,279
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jesus C. Rodriguez

    Astuno Realty Inc.

    (310) 980-0681

    1 in this area

    7 Total Sales

    Jesus C. Rodriguez
    Section Image

  • M

    Buyer's Agent in 2021

    Moe Verma

  • S

    Seller's Agent in 2016

    Sergio Macias

    Keller Williams Realty

    Section Image
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Map

Source: The MLS

MLS Number: 21-767780

The MLS

APN: 7126-031-028

California Los Angeles County Long Beach 90805 Dairy

253 E Louise St, Long Beach, CA

Not Listed for Sale

MultiFamily

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