NOT LISTED FOR SALE

2626 E Carson St Long Beach, CA 90810

Estimated Value: $840,000 - $987,000

4 Beds
3 Baths
1,987 Sq Ft
$461/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $600,000 $302 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,794/month

17 Days on Market

About This Home

As of December 2019

Triplex on a lot with detached garages. Increase the Value of this Multifamily Investment Property by Increasing the Rentable Square Footage.

Last Agent to Sell the Property

Edgard Asensio

Asensio Property Management Inc License #01253842 Listed on: 10/04/2019

Last Buyer's Agent

Edgard Asensio

Asensio Property Management Inc License #01253842 Listed on: 10/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,592

Year Built

  • Built in 1942

Lot Details

  • 7,257 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,987 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Private Water Source

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 11441
  • Assessor Parcel Number 7316011018

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,880
  • Insurance Expense $1,500
  • Trash Expense $1,440
  • Water Sewer Expense $1,380
  • New Taxes Expense $6,900
  • Operating Expense $17,424
  • Gross Income $33,240
  • Net Operating Income $27,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,592

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1380.00
  • Zoning: CARM25U*
  • Property Type: Residential Income
  • Parcel Number: 7316011018
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 301.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7257.00
  • Lot Size Acres: 0.1666

Multi Family

  • Electric Expense: 2880.00
  • Gross Income: 33240.00
  • Gross Scheduled Income: 33240.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7257.0000 Square Feet
  • Net Operating Income: 27840.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 5400.00
  • Rent Control: No
  • Total Actual Rent: 2770.00
  • Total Expenses: 17424.00

Tax Info

  • New Taxes Expense: 6900.00
  • Tax Census Tract: 5440.02
  • Tax Lot: 4
  • Tax Tract Number: 11441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2019
Sold by
Powell Asia M
Bought by
Cruz Rizalde
Current Estimated Value
$916,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2001
Sold by
Yarina Robert G
Bought by
Powell Asia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
7.15%

Purchase Details

Closed on
Oct 11, 1999
Sold by
Pascua Carolmarie
Bought by
Pascua Carolmarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.82%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Cruz Rizalde $600,000 North American Title Co Inc
Powell Asia M $212,500 Old Republic Title Company
Pascua Carolmarie -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Rizalde $130,000
Closed Cruz Rizalde $55,000
Closed Cruz Rizalde $50,000
Open Cruz Rizalde $568,000
Previous Owner Cruz Rizalde $480,000
Previous Owner Powell Asia M $325,500
Previous Owner Powell Asia M $261,600
Previous Owner Powell Asia M $200,000
Previous Owner Powell Asia M $191,250
Previous Owner Yarina Robert G $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $600,000 0.0% $302 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $600,000 -- $302 / 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 $9,592 $656,182 $382,774 $273,408
2024 $9,592 $643,317 $375,269 $268,048
2023 $9,384 $630,704 $367,911 $262,793
2022 $8,924 $618,339 $360,698 $257,641
2021 $8,807 $606,216 $353,626 $252,590
2019 $4,991 $281,400 $105,937 $175,463
2018 $4,892 $275,883 $103,860 $172,023
2016 $4,713 $265,172 $99,828 $165,344
2015 $4,594 $261,190 $98,329 $162,861
2014 $4,583 $256,074 $96,403 $159,671
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19238929

California Regional Multiple Listing Service (CRMLS)

APN: 7316-011-018