NOT LISTED FOR SALE

Estimated Value: $905,000 - $1,284,000

5 Beds
3 Baths
2,384 Sq Ft
$451/Sq Ft Est. Value

Last Sold December 10, 2018

Last sale price $580,000 $243 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,376/month

57 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 4 Car Garage
  • Woodrow Wilson High School Rated A
  • Tile Flooring
  • 5-minute walk to Orizaba Park

About This Home

As of December 2018

A GREAT STARTER INVESTMENT. Big Reduction. located about 2 miles from the beach in a desirable area of Long Beach, less than 3 miles from Long Beach University (CSULB). Front house 3 bedrooms + 2 small Bonus rooms, 2 bathrooms, Back house 2 bedrooms 1 bathroom. No rent control. This duplex has been fully remodeled about years ago permitted. Cars can be accessed to the property from Front Street and back alley, A lot of parking spaces (for about 12 cars or RV + Cars). Seller is very motivated, will consider all reasonable offers.

Last Agent to Sell the Property

Chi Dao

HPT Realty License #01414796 Listed on: 10/01/2018

HPT Realty

Last Buyer's Agent

Nyk Hong

Elite Premier Properties License #02025015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,402

Year Built

  • Built in 1919

Lot Details

  • 6,454 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Interior Spaces

  • 2,384 Sq Ft Home
  • 2-Story Property

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 34
  • Tax Tract Number 1577
  • Assessor Parcel Number 7260018025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,402

Year Built

Built in 1919

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 310-422-4274
  • Other Phone Number: 310-422-4274
  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7260018025
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 243.29

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6454.00
  • Lot Size Acres: 0.1482

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6454.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5751.02
  • Tax Lot: 34
  • Tax Tract Number: 1577

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 28, 2018
Sold by
Kim Net
Bought by
Eam Hong Heng and Ly Neang
Seller's Agent
Chi Dao
HPT Realty
Buyer's Agent
Nyk Hong
Elite Premier Properties
List Price
$715,000
Sold Price
$580,000
Premium/Discount to List
-$135,000
-18.88%
Current Estimated Value
$1,074,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,835
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Jul 30, 2003
Sold by
Kim Net and The 2003 Kevin Net Kim Revocab
Bought by
Kim Net

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2003
Sold by
Kim Net
Bought by
Kim Kevin Net and 2003 Kevin Net Kim Revocable T

Purchase Details

Closed on
Oct 17, 2000
Sold by
Duong Nhut
Bought by
Kim Net

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.32%

Purchase Details

Closed on
Jun 13, 1997
Sold by
Kim Net
Bought by
Kim Net and Duong Nhut
Source: Public Records

Range of Values:

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

Purchase History

Date Buyer Sale Price Title Company
Eam Hong Heng $580,000 Lawyers Title
Kim Net -- Orange Coast Title
Kim Kevin Net -- --
Kim Net -- Southland Title Corporation
Kim Net -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Net $304,000
Previous Owner Kim Net $19,000
Previous Owner Kim Net $150,000
Previous Owner Kim Net $225,000
Previous Owner Kim Net $69,000
Previous Owner Kim Net $187,500
Previous Owner Kim Net $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $580,000 0.0% $243 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/27/2018 11/27/18 Off Market $580,000 -- --
10/29/2018 10/29/18 Price Changed $710,000 -0.7% $298 / Sq Ft
10/01/2018 10/01/18 For Sale $715,000 -- $300 / Sq Ft
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 $8,402 $646,997 $446,205 $200,792
2024 $8,402 $634,311 $437,456 $196,855
2023 $8,264 $621,875 $428,879 $192,996
2022 $7,764 $609,682 $420,470 $189,212
2021 $7,607 $597,728 $412,226 $185,502
2020 $7,587 $591,600 $408,000 $183,600
2019 $7,500 $580,000 $400,000 $180,000
2018 $4,995 $384,273 $210,866 $173,407
2016 $4,584 $369,353 $202,679 $166,674
2015 $4,404 $363,806 $199,635 $164,171
2014 $4,381 $356,681 $195,725 $160,956
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18238708

California Regional Multiple Listing Service (CRMLS)

APN: 7260-018-025