NOT LISTED FOR SALE

Estimated Value: $1,464,000 - $1,715,000

8 Beds
4 Baths
3,120 Sq Ft
$514/Sq Ft Est. Value

Last Sold September 26, 2018

Last sale price $1,335,000 $428 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,987/month

84 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 5-minute walk to Rose Park
  • Woodrow Wilson High School Rated A
  • Wood Fence

About This Home

As of September 2018

BACK ON MARKET 7/12! Buyer could not perform. This fabulous Spanish style turnkey 4-plex including four 2 bed/1 bath units approximately 750 sq ft each and three 1 car garages. All four units have been tastefully remodeled with all new flooring, kitchen cabinets, countertops, stainless appliances, all new modern bathrooms, interior and exterior paint, light fixtures, fencing and landscape. Each unit has their own laundry hook-ups with stack-able washer and dryer and separate gas and electric meters. Two units are located on the second floor. Two units are located on the first floor with large private side yards. Also, there are 3 large storage rooms that could bring in additional income. Located in the Rose Park adjacent neighborhood of Eastside. Biking and walking distance to great restaurants and bars and only minutes to downtown, Cal State Long Beach and the ocean.

Last Agent to Sell the Property

Billy Larsen

Real Broker License #01802413 Listed on: 03/12/2018

Real Broker

Co-Listed By

Suzanna Willingham

Bullock Russell RE Services License #01927717

Last Buyer's Agent

Matthew Firth

Matthew Firth, Broker License #01903073

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,323 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Corner Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 1
  • Assessor Parcel Number 7262001023

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $98,940
  • Net Operating Income $72,108

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 4.90
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Zoning: LBR2N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7262001023
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 427.88

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 4323.00

Multi Family

  • Gross Income: 98940.00
  • Gross Scheduled Income: 98940.00
  • Net Operating Income: 72108.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 24972.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5769.03
  • Tax Lot: 87
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Ramsdale Living Trust and Ramsdale Philip Nicholas
Bought by
Philip Ramsdale Living Trust and Ramsdale
Current Estimated Value
$1,604,800

Purchase Details

Listed on
Mar 12, 2018
Closed on
Sep 20, 2018
Sold by
Gg 2701 10Th Street Apartments Llc
Bought by
Ramsdale Philip Nicholas and The Ramsdale Living Trust
Seller's Agent
Billy Larsen
Real Broker
Buyer's Agent
Matthew Firth
Matthew Firth, Broker
List Price
$1,399,000
Sold Price
$1,335,000
Premium/Discount to List
-$64,000
-4.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$868,300
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2017
Closed on
Aug 8, 2017
Sold by
Gehman Gehman J
Bought by
Gg 2701 10Th Street Apartments Llc
Seller's Agent
Eric Greene
Keller Williams Coastal Prop.
Buyer's Agent
Noemi Baeza
Keller Williams Realty
List Price
$975,000
Sold Price
$875,000
Premium/Discount to List
-$100,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.82%

Purchase Details

Closed on
Oct 26, 2006
Sold by
Jones Angela M
Bought by
Gehman J Christopher and Jones Angela M

Purchase Details

Closed on
Nov 19, 2004
Sold by
Gehman J Christopher
Bought by
Jones Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Cutrell Inc
Bought by
Jones Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Cutrell Adam K
Bought by
Cutrell Annmarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2003
Sold by
Apodaca Margaret A
Bought by
Cutrell Annmarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Gregory Mark A
Bought by
Gregory Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1999
Sold by
Foley Michael
Bought by
Apodaca Margaret A and Sandoval Michelle J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,637
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 1999
Sold by
Washington Mutual Bank Fa
Bought by
Evans Darryl J and Foley Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
6.91%

Purchase Details

Closed on
Aug 4, 1998
Sold by
Kreng Jack
Bought by
Home Svgs Of America Fsb
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
Philip Ramsdale Living Trust -- None Listed On Document
Ramsdale Philip Nicholas $1,335,000 Old Republic Title Company
Gg 2701 10Th Street Apartments Llc $875,000 Chicago Title Company
Gehman J Christopher -- None Available
Jones Angela M -- First American Title Co La
Jones Angela M $694,000 First American Title Co La
Cutrell Inc -- --
Cutrell Annmarie -- First American Title Co
Cutrell Annmarie $415,000 Fatcola
Gregory Michelle J -- First American Title Co
Apodaca Margaret A $289,000 Chicago Title Co
Foley Michael -- Chicago Title Co
Evans Darryl J $165,000 Investors Title Company
Evans Darryl J -- Investors Title Company
Home Svgs Of America Fsb $162,900 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramsdale Philip Nicholas $868,300
Previous Owner Jones Angela M $520,500
Previous Owner Cutrell Annmarie $332,000
Previous Owner Apodaca Margaret A $286,637
Previous Owner Evans Darryl J $185,500
Closed Jones Angela M $104,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2018 09/26/18 Sold $1,335,000 -3.2% $428 / Sq Ft
08/16/2018 08/16/18 Price Changed $1,379,000 -1.4% $442 / Sq Ft
07/12/2018 07/12/18 For Sale $1,399,000 0.0% $448 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $1,399,000 -1.8% $448 / Sq Ft
04/24/2018 04/24/18 Price Changed $1,425,000 -3.0% $457 / Sq Ft
03/12/2018 03/12/18 For Sale $1,469,000 +67.9% $471 / Sq Ft
08/21/2017 08/21/17 Sold $875,000 -2.8% $280 / Sq Ft View Prior Sale
08/04/2017 08/04/17 Pending -- -- --
07/20/2017 07/20/17 Price Changed $899,900 -7.7% $288 / Sq Ft
07/09/2017 07/09/17 For Sale $975,000 -- $313 / 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 $18,945 $1,489,213 $892,413 $596,800
2024 $18,945 $1,460,014 $874,915 $585,099
2023 $18,627 $1,431,387 $857,760 $573,627
2022 $17,478 $1,403,322 $840,942 $562,380
2021 $17,133 $1,375,806 $824,453 $551,353
2020 $17,089 $1,361,700 $816,000 $545,700
2019 $16,888 $1,335,000 $800,000 $535,000
2018 $11,213 $875,000 $500,000 $375,000
2017 $10,799 $833,514 $480,413 $353,101
2016 $10,038 $817,172 $470,994 $346,178
2015 $9,637 $804,899 $463,920 $340,979
2014 $9,578 $789,133 $454,833 $334,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18057082

California Regional Multiple Listing Service (CRMLS)

APN: 7262-001-023