NOT LISTED FOR SALE

Estimated Value: $725,437 - $826,000

3 Beds
3 Baths
1,142 Sq Ft
$663/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2020

Last sale price $555,000 $486 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,874 / mo

15 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Air
  • Long Beach Polytechnic High School Rated A
  • Neighborhood Views

About This Home

As of June 2020

Beautifully Rehabbed and Renovated Duplex. Unit 2546 has 2 bedrooms and 2 bath with vaulted ceilings giving the spacious feel. Unit 2548 (leased month to month) is a remodeled Studio. Both units were gutted and COMPLETELY REMODELED with all new electrical boxes and wiring. New plumbing was added including adding new copper to the meter in the street along with new heating copper plumbing and pex. House also features newer roof and Low-E windows. All done with Engineering and City permits and there are separate meters for gas and electric. This property neighboring Signal Hill sits near the park in a cul-de-sac, storage facility, banks, shopping, restaurants, schools and potential developments.

Last Agent to Sell the Property

James Y. Kuang

Standard Prosperity License #01906627 Listed on: 04/29/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,708 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,142 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2037
  • Assessor Parcel Number 7208005003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $600
  • New Taxes Expense $6,500
  • Operating Expense $8,900
  • Gross Income $43,200
  • Net Operating Income $34,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

4,708 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 5.80
  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7208005003
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 485.99
  • Room Type: All Bedrooms Down, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 4708.00
  • Lot Size Acres: 0.1081

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4708.0000 Square Feet
  • Net Operating Income: 34300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8900.00
  • Rent Control: Yes
  • Total Expenses: 8900.00

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Census Tract: 5732.01
  • Tax Lot: 1
  • Tax Tract Number: 2037

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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 Prior Sale
06/15/2020 06/15/20 Sold $555,000 -3.8% $486 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $577,000 +11.8% $505 / Sq Ft
02/22/2019 02/22/19 Sold $516,000 -0.8% $452 / Sq Ft View Prior Sale
01/17/2019 01/17/19 For Sale $519,900 +37.9% $455 / Sq Ft
07/23/2018 07/23/18 Sold $376,950 -12.3% $365 / Sq Ft View Prior Sale
05/22/2018 05/22/18 For Sale $430,000 -- $417 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20081869

California Regional Multiple Listing Service (CRMLS)

APN: 7208-005-003

Your Personal Tour Guide

Ask me questions while you tour the home.