NOT LISTED FOR SALE

264 E Sunset St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $800,000 - $882,000

3 Beds
3 Baths
1,920 Sq Ft
$436/Sq Ft Est. Value

Last Sold December 26, 2017

Last sale price $490,000 $255 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,134/month

55 Days on Market

About This Home

As of December 2017

Tremendous Opportunity to own TWO HOUSES on a lot in excellent North Long Beach area with lot's of potential on a quiet tree lined street, surrounded primarily by single family homes. Perfect property for the first time investor or seasoned pro looking to add to their portfolio. Each unit has it's own laundry hookups, front house has 2 bedrooms 1 bath with 1 attached car garage and huge kitchen with upgraded granite counter tops and tiled flooring. Back house has 1 bedroom 2 bath with it's own backyard both units are rented out with long term tenants on month to month.Owner will not do any repairs Sold As Is.

Last Agent to Sell the Property

Robert Muneton

eXp Realty of Greater Los Angeles, Inc. License #01905883 Listed on: 09/21/2017

eXp Realty of Greater Los Angeles, Inc.

Last Buyer's Agent

Araceli Garcia

Century 21 Allstars License #01835082

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,263

Year Built

  • Built in 1958

Lot Details

  • 4,500 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,920 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1582
  • Tax Tract Number 5134
  • Assessor Parcel Number 7131030028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Water Sewer Expense $840
  • New Taxes Expense $100
  • Operating Expense $840
  • Net Operating Income $26,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,263

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 840.00
  • Property Type: Residential Income
  • Parcel Number: 7131030028
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 255.21

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Park Nearby
  • Lot Size Sq Ft: 4500.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 28680.00
  • Insurance Expense: 100.00
  • Net Operating Income: 26800.00
  • 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: 1880.00
  • Rent Control: No
  • Total Expenses: 840.00

Tax Info

  • New Taxes Expense: 100.00
  • Tax Lot: 1582
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 22, 2017
Sold by
Sanchez Muneton Soraya
Bought by
Chacon Jose Luis Rodriguez and Portillo Sidia Hibeth
Seller's Agent
Robert Muneton
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Araceli Garcia
Century 21 Allstars
List Price
$480,000
Sold Price
$490,000
Premium/Discount to List
$10,000
2.08%
Current Estimated Value
$837,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,822
Avg. Annual Appreciation
7.30%
Original Mortgage
$481,124
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2017
Sold by
Sanchez James E
Bought by
Sanchez Muneton Soraya

Purchase Details

Closed on
Jun 3, 2008
Sold by
Livingston Debra
Bought by
Hsbc Bank Usa Na and Mhl 2007-1

Purchase Details

Closed on
Mar 30, 2008
Sold by
Hsbc Bank Usa National Association
Bought by
Sanchez James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,781
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2007
Sold by
Putman Gary J and Putman Ronald A
Bought by
Livingston Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 24, 2003
Sold by
Putman Gary J and Putman Ronald A
Bought by
Putman Gary and Putman Ronald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Chacon Jose Luis Rodriguez $490,000 First American Title
Sanchez Muneton Soraya -- None Available
Hsbc Bank Usa Na $311,250 Accommodation
Sanchez James E $260,000 California Title Company
Livingston Debra $540,000 Lawyers Title
Putman Gary -- Lawyers Title
Putman Gary J -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Jose Luis Rodriguez $530,000
Closed Chacon Jose Luis Rodriguez $525,030
Closed Chacon Jose Luis Rodriguez $476,690
Closed Chacon Jose Luis Rodriguez $481,124
Previous Owner Sanchez James E $224,781
Previous Owner Livingston Debra $108,000
Previous Owner Livingston Debra $432,000
Previous Owner Putman Gary $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $490,000 +2.1% $255 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $480,000 -- $250 / 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 $7,263 $557,532 $256,009 $301,523
2024 $7,263 $546,601 $250,990 $295,611
2023 $7,142 $535,884 $246,069 $289,815
2022 $6,708 $525,378 $241,245 $284,133
2021 $6,570 $515,077 $236,515 $278,562
2020 $6,553 $509,796 $234,090 $275,706
2019 $6,477 $499,800 $229,500 $270,300
2018 $6,269 $490,000 $225,000 $265,000
2017 $3,864 $288,373 $144,242 $144,131
2016 $3,586 $282,719 $141,414 $141,305
2015 $3,447 $278,473 $139,290 $139,183
2014 $3,431 $273,019 $136,562 $136,457
Source: Public Records

Agents Affiliated with this Home

  • Robert Muneton

    Seller's Agent in 2017

    Robert Muneton

    eXp Realty of Greater Los Angeles, Inc.

    (562) 857-0609

    3 Total Sales

    Robert Muneton
    Section Image

  • A

    Buyer's Agent in 2017

    Araceli Garcia

    Century 21 Allstars

    (562) 863-2121

    12 Total Sales

    Araceli Garcia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17215115

California Regional Multiple Listing Service (CRMLS)

APN: 7131-030-028

California Los Angeles County Long Beach 90805 Addams

264 E Sunset St, Long Beach, CA

This home is located at 264 E Sunset St, Long Beach, CA 90805 since 21 September 2017 and is currently estimated at $837,822, approximately $436 per square foot. This property was built in 1958. 264 E Sunset St is a home located in Los Angeles County with nearby schools including Dooley Elementary School, Jordan High School, and Oakwood Academy Elementary.

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.

California Regional Multiple Listing Service (CRMLS) 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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