NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,174,000

3 Beds
3 Baths
2,016 Sq Ft
$522/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $750,000 $372 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,373/month

15 Days on Market

Highlights

  • Detached Guest House
  • RV Access or Parking
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • Fireplace in Primary Bedroom
  • Corner Lot

About This Home

As of May 2019

CORNER LOT + CASH FLOW! Charming DUPLEX in the North Wrigley Area of Long Beach went through a TOTAL TRANSFORMATION TO MAKE THIS PLACE NEW AGAIN. Brand new paint, ceiling fans, and fixtures in main home and studio. Original hardwood, crown molding, and built-in cabinets are some of the features of this 2-story home! Features STUDIO above garage plus the main house includes 3 bedrooms, 2 full baths, dining room, living room, and large bonus room. Fully equipped kitchen includes dishwasher, refrigerator, microwave, gas range and plenty of cabinets for storage. Original hardwood flooring throughout. Completely remodeled bathrooms. The backyard is a private haven, perfect for entertaining with two abundant orange trees. Extra privacy with 8’ tall brand new fence and deck leading up to studio (2017). Brand new 35' cement pad (2017) tucked away in backyard for RV parking including SEWER pump-out and 220V Electrical hook-up. An over-sized shared garage (studio on top) holds two cars, a washer / dryer and storage. For additional parking, several more cars can fit along Daisy or 27th street. WONDERFUL curb appeal. DRIVE BY ONLY. SUBJECT TO INTERIOR INSPECTION. DO NOT WALK PROPERTY. Both units can be shown upon accepted offer

Last Agent to Sell the Property

G. Gutierrez

Utopia Real Estate License #01956602 Listed on: 03/26/2019

Last Buyer's Agent

Noelle Longmeyer

Y Realty License #01313351

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,969 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • No Common Walls
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • RV Access or Parking

Home Design

  • Turnkey

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Family Room
  • Den with Fireplace
  • Bonus Room with Fireplace

Kitchen

  • Gas Oven
  • Self-Cleaning Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Floor Furnace
  • Septic Type Unknown

Additional Features

  • Balcony
  • Detached Guest House

Listing and Financial Details

  • Tenant pays for all utilities, electricity, pest control, sewer, trash collection, water
  • Legal Lot and Block 1 / D
  • Assessor Parcel Number 7201022029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $600
  • Water Sewer Expense $600
  • Operating Expense $1,980
  • Gross Income $56,880
  • Net Operating Income $54,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • Subdivision Name Other: Wrigley Heights (WH)
  • Water Sewer Expenses: 600.00
  • Zoning: LBR1N
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 7201022029
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Crown Molding
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Bonus Room, Den, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 372.02
  • Room Type: All Bedrooms Up, Bonus Room, Den, Family Room, Laundry

Exterior Features

  • Other Structures: Guest House Detached
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, RV Access/Parking, RV Gated, RV Hook-Ups
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Self Cleaning Oven, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area, Dryer Included, In Garage, Washer Included
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size: 50 x 120
  • Lot Size Sq Ft: 5969.00
  • Lot Size Acres: 0.1370

Rental Info

  • Tenant Pays: All Utilities, Electricity, Pest Control, Sewer, Trash Collection, Water

Multi Family

  • Gross Income: 56880.00
  • Gross Scheduled Income: 56880.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5969.0000 Square Feet
  • Net Operating Income: 54900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1980.00
  • Other Income Description: 300 from renting cement pad
  • Rent Control: No
  • Total Expenses: 1980.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 5722.02
  • Tax Lot: 1
  • Tax Tract Number: EX

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Jul 3, 2019
Sold by
Vyas Asit P
Bought by
Av Real Estate Company Llc
Seller's Agent
G. Gutierrez
Utopia Real Estate
Buyer's Agent
Noelle Longmeyer
Y Realty
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%
Current Estimated Value
$1,053,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,212
Avg. Annual Appreciation
5.27%
Original Mortgage
$562,500
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 24, 2019
Sold by
Vyas Mita
Bought by
Vyas Asit P
Seller's Agent
G. Gutierrez
Utopia Real Estate
Buyer's Agent
Noelle Longmeyer
Y Realty
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 26, 2019
Closed on
May 15, 2019
Sold by
Gutierez Kristin and Hansen Kristin
Bought by
Vyas Asit P
Seller's Agent
G. Gutierrez
Utopia Real Estate
Buyer's Agent
Noelle Longmeyer
Y Realty
List Price
$785,000
Sold Price
$750,000
Premium/Discount to List
-$35,000
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2017
Sold by
Canizales Lindsey Mettam
Bought by
Canizales Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,250
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2012
Sold by
Backstrom Andrew
Bought by
Canizales Gilbert

Purchase Details

Closed on
Oct 31, 2003
Sold by
Delemos Scott P
Bought by
Backstrom Andrew and Canizales Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,200
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2003
Sold by
Delemos Sharon A
Bought by
Delemos Scott P

Purchase Details

Closed on
May 15, 2003
Sold by
Fink Stanton Fordice and Fink Justina Lin
Bought by
Delemos Scott P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Av Real Estate Company Llc -- None Available
Vyas Asit P -- None Available
Gutierrez Kristin -- Ticor Title Company
Vyas Asit P $750,000 Ticor Title Company
Canizales Gilbert -- None Available
Hansen Kristin $585,000 North American Title Company
Canizales Gilbert -- None Available
Backstrom Andrew $454,000 Gateway
Delemos Scott P -- First American Title Co
Delemos Scott P $369,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vyas Asit P $562,500
Previous Owner Hansen Kristin $497,250
Previous Owner Backstrom Andrew $363,200
Previous Owner Delemos Scott P $295,200
Closed Backstrom Andrew $68,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2019 05/28/19 Sold $750,000 -4.5% $372 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $785,000 0.0% $389 / Sq Ft
05/17/2018 05/17/18 Rented $3,000 0.0% --
05/09/2018 05/09/18 For Rent $3,000 -- --
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 $10,448 $820,230 $382,774 $437,456
2024 $10,448 $804,148 $375,269 $428,879
2023 $10,273 $788,381 $367,911 $420,470
2022 $9,642 $772,924 $360,698 $412,226
2021 $9,450 $757,770 $353,626 $404,144
2020 $9,606 $765,000 $357,000 $408,000
2019 $7,698 $608,634 $260,100 $348,534
2018 $7,485 $596,700 $255,000 $341,700
2016 $5,345 $433,862 $224,123 $209,739
2015 $5,133 $427,346 $220,757 $206,589
2014 $4,546 $370,000 $200,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19067037

California Regional Multiple Listing Service (CRMLS)

APN: 7201-022-029