NOT LISTED FOR SALE

2700 E Jackson St Long Beach, CA 90810

Estimated Value: $739,000 - $816,926

4 Beds
2 Baths
1,542 Sq Ft
$508/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $570,000 $370 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,836/month

14 Days on Market

About This Home

As of October 2018

Two-unit, income-generating property in the highly-desired Rancho Dominguez neighborhood of Carson, very close to the border with Long Beach. Each unit has 2 bedrooms and 1 bath. Both units are occupied right now and combined rents are $2,965/month. Both units are in excellent shape. The whole property was fully remodeled before it was sold to current owner in December 2013, and it has been well maintained since then. All units are metered separately for gas and electricity. There are 3-car garage spaces. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY.

Last Agent to Sell the Property

Femi Ajetunmobi

West Shores Realty, Inc. License #01717945 Listed on: 08/13/2018

West Shores Realty, Inc.

Last Buyer's Agent

Benny Almazan

Home Base Realty Inc License #01055293

Home Base Realty Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,467 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 1,542 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 1794
  • Tax Tract Number 7644
  • Assessor Parcel Number 7308015020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • New Taxes Expense $6,600
  • Operating Expense $7,200
  • Gross Income $35,580
  • Net Operating Income $28,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: CARS*
  • Property Type: Residential Income
  • Parcel Number: 7308015020
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 369.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5467.00

Multi Family

  • Gross Income: 35580.00
  • Gross Scheduled Income: 35580.00
  • Insurance Expense: 600.00
  • Net Operating Income: 28380.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7200.00
  • Rent Control: No
  • Total Actual Rent: 2965.00
  • Total Expenses: 7200.00

Tax Info

  • New Taxes Expense: 6600.00
  • Tax Census Tract: 5440.01
  • Tax Lot: 1794
  • Tax Tract Number: 7644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2019
Sold by
Ramos Alfonso and Camarena Maria
Bought by
Ramos Alfonso
Current Estimated Value
$782,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,500
Outstanding Balance
$387,307
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$395,425

Purchase Details

Listed on
Aug 13, 2018
Closed on
Aug 29, 2018
Sold by
Emejulu Jennifer N and Udeochu Jennifer N
Bought by
Ramos Alfonso and Camarena Maria
Seller's Agent
Femi Ajetunmobi
West Shores Realty, Inc.
Buyer's Agent
Benny Almazan
Home Base Realty Inc
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$427,500
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 20, 2013
Closed on
Oct 14, 2013
Sold by
Cal 1St Holding Corporation
Bought by
Udeochu Jennier N
Seller's Agent
Brent James
Keller Williams Realty
Buyer's Agent
Femi Ajetunmobi
West Shores Realty, Inc.
List Price
$429,000
Sold Price
$399,000
Premium/Discount to List
-$30,000
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$391,773
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 2013
Sold by
Soto Robert and Soto Angela H
Bought by
Cal 1St Holding Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 1999
Sold by
Soto Angela H
Bought by
Soto Angela H and The Angela H Soto Living Trust

Purchase Details

Closed on
May 19, 1999
Sold by
Soto Fernando and Soto Robert
Bought by
Soto Angela H
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Ramos Alfonso -- Stewart Title
Ramos Alfonso $570,000 Ticor Title Company
Emejulu Jennifer N -- Ticor Title Company
Udeochu Jennier N $399,000 Fidelity National Title Co
Cal 1St Holding Corporation $224,000 Fidelity National Title
Soto Angela H -- --
Soto Angela H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Alfonso $440,500
Previous Owner Ramos Alfonso $427,500
Previous Owner Udeochu Jennier N $391,773
Previous Owner Cal 1St Holding Corporation $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2018 10/17/18 Sold $570,000 +3.6% $370 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/15/2018 08/15/18 For Sale $550,000 -3.5% $357 / Sq Ft
08/14/2018 08/14/18 Off Market $570,000 -- --
08/13/2018 08/13/18 For Sale $550,000 +37.8% $357 / Sq Ft
12/06/2013 12/06/13 Sold $399,000 -7.0% $259 / Sq Ft View Prior Sale
10/21/2013 10/21/13 Pending -- -- --
09/20/2013 09/20/13 For Sale $429,000 +95.0% $278 / Sq Ft
08/12/2013 08/12/13 Sold $220,000 -1.8% $143 / Sq Ft View Prior Sale
05/10/2013 05/10/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $224,000 -- $145 / 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 $8,815 $635,840 $278,876 $356,964
2024 $8,815 $623,373 $273,408 $349,965
2023 $8,634 $611,151 $268,048 $343,103
2022 $8,207 $599,169 $262,793 $336,376
2021 $8,102 $587,422 $257,641 $329,781
2020 $8,097 $581,400 $255,000 $326,400
2019 $7,797 $570,000 $250,000 $320,000
2018 $5,932 $429,868 $161,604 $268,264
2016 $5,684 $413,178 $155,330 $257,848
2015 $5,576 $406,972 $152,997 $253,975
2014 $5,569 $399,000 $150,000 $249,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Femi Ajetunmobi

    West Shores Realty, Inc.

    (213) 453-2489

    1 in this area

    10 Total Sales

    Femi Ajetunmobi
    Section Image

  • B

    Buyer's Agent in 2018

    Benny Almazan

    Home Base Realty Inc

    (562) 480-1767

    1 in this area

    20 Total Sales

    Benny Almazan
    Section Image

  • B

    Seller's Agent in 2013

    Brent James

    Keller Williams Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18196481

California Regional Multiple Listing Service (CRMLS)

APN: 7308-015-020

California Los Angeles County Long Beach 90810

2700 E Jackson St, Long Beach, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes