NOT LISTED FOR SALE

2739 E Monroe St Long Beach, CA 90810

Estimated Value: $714,000 - $806,883

4 Beds
2 Baths
1,570 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $522,000 $332 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,603/month

9 Days on Market

Highlights

  • Solar Power System
  • Granite Countertops
  • Double Pane Windows
  • All Bedrooms Downstairs
  • No HOA
  • 4-minute walk to Dominguez Park

About This Home

As of May 2018

Welcome to 2739 E Monroe. This fantastic and well maintained duplex has 2 individual 2 bedroom 1 bath unit. Property have two separate meters for gas and water. The house is equipped with solar panels, separate 2 car garage with plenty of parking in the wide driveway and a laundry room. The front unit have engineered wood floor and granite countertop. Copper plumbing installed in 2014 and new water heater installed last year for the front unit. The back unit is a two story unit with engineered wood floor, second floor with carpet throughout, granite countertops and a big yard adjacent to the unit. Duplex comes with a storage unit also. Close to 405 and 710 freeways, 15 minutes to Downtown Long Beach. Park nearby and about 10 mins to Lakewood Mall. See to appreciate!

Last Agent to Sell the Property

Jim Reyes

Keller Williams Coastal Prop. License #02010160 Listed on: 03/06/2018

Keller Williams Coastal Prop.

Co-Listed By

Alan Silva

Compass License #01825463

Last Buyer's Agent

Katonja Neal

Leamani Home Sales License #01374690

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 5,509 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Side Yard Sprinklers
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Turnkey
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,570 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Gas Cooktop
  • Microwave
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • Solar Power System
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 1953
  • Tax Tract Number 7644
  • Assessor Parcel Number 7308015036

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $40
  • Insurance Expense $800
  • New Taxes Expense $5,771
  • Operating Expense $8,000
  • Gross Income $36,000
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: CARS*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 40.00
  • Parcel Number: 7308015036
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Price Per Square Foot: 332.48
  • Room Type: All Bedrooms Down, All Bedrooms Up
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Microwave
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Other

Condo/Co-op/Association

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

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Sprinklers On Side
  • Lot Size Sq Ft: 5509.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 800.00
  • Net Operating Income: 2000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 28000.00
  • Rent Control: No
  • Total Expenses: 8000.00

Tax Info

  • New Taxes Expense: 5771.00
  • Tax Census Tract: 5440.01
  • Tax Lot: 1953
  • Tax Tract Number: 7644

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2018
Sold by
Reyes Sophia
Bought by
Dimas Alexander
Current Estimated Value
$745,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$443,700
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2013
Closed on
Jan 31, 2014
Sold by
Reme Holdings Llc
Bought by
Reyes Sophie
Seller's Agent
Nicole Wright
Seven Gables Real Estate
List Price
$375,000
Sold Price
$395,000
Premium/Discount to List
$20,000
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$381,816
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2013
Sold by
Beaugh Ruth and Estate Of Sue C Thompson
Bought by
Reme Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dimas Alexander $522,000 Fidelity National Title
Reyes Sophie $395,000 Ticor Title Co
Reme Holdings Llc $261,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dimas Alexander $443,700
Previous Owner Reyes Sophie $381,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2018 05/22/18 Sold $522,000 0.0% $332 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/13/2018 03/13/18 Off Market $522,000 -- --
03/06/2018 03/06/18 For Sale $509,000 +28.9% $324 / Sq Ft
03/27/2014 03/27/14 Sold $395,000 +5.3% $252 / Sq Ft View Prior Sale
02/03/2014 02/03/14 Pending -- -- --
12/07/2013 12/07/13 For Sale $375,000 +50.0% $239 / Sq Ft
07/31/2013 07/31/13 Sold $250,000 -3.8% $159 / Sq Ft View Prior Sale
05/22/2013 05/22/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $259,900 -- $166 / 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 $8,342 $593,940 $284,454 $309,486
2024 $8,342 $582,295 $278,877 $303,418
2023 $8,170 $570,878 $273,409 $297,469
2022 $7,767 $559,686 $268,049 $291,637
2021 $7,667 $548,713 $262,794 $285,919
2020 $7,657 $543,088 $260,100 $282,988
2019 $7,376 $532,440 $255,000 $277,440
2018 $5,883 $425,558 $215,472 $210,086
2016 $5,637 $409,035 $207,106 $201,929
2015 $5,529 $402,892 $203,996 $198,896
2014 -- $261,500 $100,000 $161,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18051483

California Regional Multiple Listing Service (CRMLS)

APN: 7308-015-036