NOT LISTED FOR SALE

Estimated Value: $1,121,000 - $1,408,235

7 Beds
6 Baths
3,639 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $820,000 $225 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,524/month

14 Days on Market

Highlights

  • No HOA
  • Holmes Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2017

GREAT INVESTMENT OPPORTUNITY! 4-PLEX IN GREAT RENTAL MARKET OF LONG BEACH. ALL LONG TERM TENANTS. TONS OF UPSIDE IN RENTS. UNIT MIX CONSISTING OF 1-3BED/2BATH, 1-2BED/2BATH AND 2-1BED/1BATH. SELLER PAYS WATER AND TRASH ONLY. TRASH CAN BE PAID BY TENANTS IF NEW OWNER CHOOSES TO DO SO. TENANTS PAY ALL OTHER UTILITIES.

Last Agent to Sell the Property

Kristina Moore

The Moore Group License #01926377 Listed on: 07/20/2017

Last Buyer's Agent

Laura Giovannini

Keller Williams Beverly Hills License #01950187

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 4,699 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,639 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 7831
  • Assessor Parcel Number 7157008046

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $66,180
  • Net Operating Income $44,404

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

4,699 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR3T
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7157008046
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 225.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4699.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 66180.00
  • Gross Scheduled Income: 66180.00
  • Net Operating Income: 44404.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 21776.00
  • Rent Control: No
  • Total Actual Rent: 5515.00

Tax Info

  • Tax Census Tract: 5706.03
  • Tax Lot: 15
  • Tax Tract Number: 7831

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Treger Andrew
Bought by
Altpim Llc
Current Estimated Value
$1,262,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Outstanding Balance
$906,411
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$355,898

Purchase Details

Closed on
Apr 30, 2020
Sold by
Treger Andrew
Bought by
Al Tpim Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 23, 2017
Sold by
Treger Andrew
Bought by
Altpim Llc
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Laura Giovannini
Keller Williams Beverly Hills
List Price
$849,999
Sold Price
$820,000
Premium/Discount to List
-$29,999
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%

Purchase Details

Listed on
Jul 20, 2017
Closed on
Aug 3, 2017
Sold by
Bushman Jeremy
Bought by
Bushman Martha
Seller's Agent
Kristina Moore
The Moore Group
Buyer's Agent
Laura Giovannini
Keller Williams Beverly Hills
List Price
$849,999
Sold Price
$820,000
Premium/Discount to List
-$29,999
-3.53%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Castaneda Angelina
Bought by
Castaneda Angelina and The Angelina Castaneda Revocable Trust

Purchase Details

Closed on
Aug 1, 2011
Sold by
Ramirez Carlos C
Bought by
Castaneda Angelina

Purchase Details

Closed on
Jan 16, 2009
Sold by
Castaneda Angelina
Bought by
Ramirez Carlos C

Purchase Details

Closed on
Mar 24, 2004
Sold by
Castaneda Angelina R
Bought by
Castaneda Angelina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2004
Sold by
Plong Brendem and Plong Mareine
Bought by
Castaneda Angelina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Sanchez Javier
Bought by
Castaneda Angelina R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 2001
Sold by
Lowder Bonnie G
Bought by
Plong Brendem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,442
Interest Rate
7.21%
Mortgage Type
FHA
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
Altpim Llc -- New Title Company Name
Treger Andrew -- New Title Company Name
Al Tpim Llc -- Wfg National Title Co Of Ca
Treger Andrew -- Wfg National Title Co Of Ca
Altpim Llc -- North American Title Company
Bushman Martha -- North American Title Company
Ramirez Carlos C -- North American Title Company
Treger Andrew $820,000 North American Title Company
Castaneda Angelina -- None Available
Castaneda Angelina -- None Available
Ramirez Carlos C -- None Available
Castaneda Angelina -- None Available
Castaneda Angelina R -- Fidelity National Title
Castaneda Angelina R -- Ticor Title Company
Castaneda Angelina R $540,000 Ticor Title Company
Plong Brendem $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treger Andrew $980,000
Previous Owner Treger Andrew $805,000
Previous Owner Castaneda Angelina R $432,000
Previous Owner Plong Brendem $290,442
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $820,000 -3.5% $225 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $849,999 -- $234 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,246 $933,015 $341,347 $591,668
2024 $12,246 $914,721 $334,654 $580,067
2023 $12,039 $896,787 $328,093 $568,694
2022 $11,309 $879,204 $321,660 $557,544
2021 $11,072 $861,965 $315,353 $546,612
2020 $11,042 $853,528 $312,120 $541,408
2019 $10,914 $836,800 $306,000 $530,800
2018 $10,588 $820,400 $300,000 $520,400
2016 $6,719 $527,589 $135,975 $391,614
2015 $6,458 $519,665 $133,933 $385,732
2014 $6,429 $509,487 $131,310 $378,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17154489

California Regional Multiple Listing Service (CRMLS)

APN: 7157-008-046

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