NOT LISTED FOR SALE

Estimated Value: $858,000 - $1,155,000

2 Beds
1 Bath
1,490 Sq Ft
$693/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $859,000 $577 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,634/month

Highlights

  • Fireplace in Primary Bedroom
  • Corner Lot
  • Park
  • Woodrow Wilson High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Hillbrook Park

About This Home

As of April 2021

A Fully remodeled  property provides great cash-flow and consists of Unit B: 2bed/1bath rent $1850, Unit A 2 bedroom and 1 bath, comes with 2 single car garages with driveway for 2nd car parkings.  It offers remodeled kitchens and baths, updated windows and doors, vinyl plank flooring, newer cabinets, and newer quartz countertops. Appliances all included, also the black out blinds and standard blinds and easy to use  hotel-version-newer AC/heater unit included. Both units are identical with each unit having a large closet in one bdrm and a smaller closet in the other. New landscaping, low maintenance backyard for BBQ and new vinyl fencing and separate laundry room on premises for both units to share.  Value is not only in location, but with only one common wall, but also in potential income, and good tenants make it an ideal for value conscious buyers.
SOLD AS IS. Washer and dryer in back of building included. Minutes away from downtown Long Beach, retail stores and all the restaurants it has to offer.  Near Home Depot, Costco, Ralph's and Chase/Wells Fargo banks!  Please Do NOT DISTURB TENANTS. Some pics are from the limited time we airbnb the unit, owner lives in other unit. Thank you.

Last Agent to Sell the Property

Akiet wang

AW Real Estates License #01502407 Listed on: 03/20/2021

Last Buyer's Agent

Noemi Gernyi-Cser

Corcoran Global Living License #02039288

Corcoran Global Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,762

Year Built

  • Built in 1958

Lot Details

  • 4,509 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in excellent condition
  • Corner Lot
  • Drip System Landscaping
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Shingle Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,490 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 10
  • Tax Tract Number 10
  • Assessor Parcel Number 7260007027

Community Details

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $550
  • Fuel Expense $288
  • Gardener Expense $480
  • Insurance Expense $1,200
  • Trash Expense $280
  • Water Sewer Expense $960
  • New Taxes Expense $7,217
  • Operating Expense $10,574
  • Gross Income $24,600
  • Net Operating Income $21,432

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,762

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 3106298670
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 960.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7260007027
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Fireplace Features: Kitchen, Living Room, Master Bedroom, Gas
  • Levels: One
  • Price Per Square Foot: 576.51

Exterior Features

  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Common Area, Dryer Included, Outside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 280.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Front Yard, Sprinklers Drip System
  • Lot Size Sq Ft: 4509.00
  • Lot Size Acres: 0.1035

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 550.00
  • Fuel Expense: 288.00
  • Gross Income: 24600.00
  • Gross Scheduled Income: 24600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4509.0000 Square Feet
  • Net Operating Income: 21432.00
  • 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: 3168.00
  • Rent Control: Yes
  • Total Expenses: 10574.00

Tax Info

  • New Taxes Expense: 7217.00
  • Tax Lot: 10
  • Tax Tract Number: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 15, 2021
Sold by
Napoles John Paul and Napoles Van Uyen
Bought by
Peaslee Hannah
Seller's Agent
Akiet wang
AW Real Estates
Buyer's Agent
Noemi Gernyi-Cser
Corcoran Global Living
List Price
$820,000
Sold Price
$859,000
Premium/Discount to List
$39,000
4.76%
Current Estimated Value
$1,032,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,790
Avg. Annual Appreciation
4.37%
Original Mortgage
$843,441
Outstanding Balance
$765,406
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$267,384

Purchase Details

Listed on
Apr 23, 2018
Closed on
May 30, 2018
Sold by
Gee Gwendolyn A
Bought by
Napoles John Paul and Nguyen Sommer Van Uyen Nhut
Seller's Agent
Tracey Padmore
Partners Real Estate Group
Buyer's Agent
Akiet Wang
AW Real Estates
List Price
$559,995
Sold Price
$570,000
Premium/Discount to List
$10,005
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%
Original Mortgage
$559,675
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2005
Sold by
Gee La Treisha Marie
Bought by
Gee Gwendolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.72%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 19, 2002
Sold by
Frudakis Nicholas
Bought by
Gee Gwendolyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
7.13%
Source: Public Records

Range of Values:

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
Peaslee Hannah $859,000 Old Republic Title Company
Napoles John Paul $570,000 First American Title Company
Gee Gwendolyn A $132,500 Commonwealth
Gee Gwendolyn A $239,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peaslee Hannah $843,441
Previous Owner Napoles John Paul $632,000
Previous Owner Napoles John Paul $569,087
Previous Owner Napoles John Paul $559,675
Previous Owner Gee Gwendolyn A $265,000
Previous Owner Gee Gwendolyn A $249,614
Previous Owner Gee Gwendolyn A $191,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $859,000 +2.3% $577 / Sq Ft
03/21/2021 03/21/21 Price Changed $840,000 +2.4% $564 / Sq Ft
03/20/2021 03/20/21 For Sale $820,000 +43.9% $550 / Sq Ft
07/10/2018 07/10/18 Sold $570,000 +1.8% $383 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $559,995 -- $376 / 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 $11,762 $929,806 $432,972 $496,834
2024 $11,762 $911,576 $424,483 $487,093
2023 $11,566 $893,703 $416,160 $477,543
2022 $10,852 $876,180 $408,000 $468,180
2021 $7,324 $587,422 $412,226 $175,196
2020 $7,305 $581,400 $408,000 $173,400
2019 $7,218 $570,000 $400,000 $170,000
2018 $4,075 $310,295 $88,282 $222,013
2017 $4,032 $304,211 $86,551 $217,660
2016 $3,748 $298,247 $84,854 $213,393
2015 $3,601 $293,768 $83,580 $210,188
2014 $3,583 $288,014 $81,943 $206,071
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: SB21050926

California Regional Multiple Listing Service (CRMLS)

APN: 7260-007-027