NOT LISTED FOR SALE

2824 E 65th St Long Beach, CA 90805

Ramona Park Neighborhood

Estimated Value: $1,157,000 - $1,436,000

8 Beds
8 Baths
4,106 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $400,000 $97 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $7,180/month

9 Days on Market

Highlights

  • Wood Flooring
  • Ceramic Countertops
  • Wall Furnace
  • Attic

About This Home

As of August 2012

4 Units Town house like very nice live one and rent the others great investment, each 2 bedroom 1.5 bath 2 of the units has washer and drayer hook ups. 3 car garage and a separate lundry room.

Last Agent to Sell the Property

Nurimar Larco

C-21 Astro License #01190723 Listed on: 06/11/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,663

Parking

  • 3 Car Garage

Home Design

  • 4,106 Sq Ft Home
  • Stucco

Kitchen

  • Ceramic Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Additional Features

  • Electric Dryer Hookup
  • 4,663 Sq Ft Lot
  • Wall Furnace
  • Attic

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 7 / C
  • Tax Tract Number 6807
  • Assessor Parcel Number 7120006007

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Trash Expense $100
  • Water Sewer Expense $150
  • New Taxes Expense $8,000
  • Gross Income $4,400
  • Net Operating Income $43,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 10.75
  • View: No
  • Water Sewer Expenses: 150.00
  • Property Type: Residential Income
  • Parcel Number: 7120006007
  • Year Built: 1963
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters, Formica Counters
  • Flooring: Laminate, Tile, Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 97.42
  • Room Type: Attic

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Disposal
  • Heating Type: Electric, Wall Furnace
  • Laundry Features: Electric Dryer Hookup
  • Trash Expense: 100.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4663.00
  • Lot Size Acres: 0.1070

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 4400.00
  • Gross Multiplier: 7.69
  • Gross Scheduled Income: 52000.00
  • Lot Size Area: 4663.0000 Square Feet
  • Net Operating Income: 43000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 1
  • Number With Disposal: 4
  • Operating Expense: 8250.00
  • Total Actual Rent: 4400.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Area: 4992
  • Tax Block: C
  • Tax Lot: 7
  • Tax Tract Number: 6807

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2012
Closed on
Aug 14, 2012
Sold by
Shen Hsiao Hui and Shen Jia Yuh
Bought by
Jpacific International and 2824 65Th Lb Land Trust
Seller's Agent
Nurimar Larco
C-21 Astro
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$1,264,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,000
Avg. Annual Appreciation
9.00%

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jul 31, 2012
Sold by
Ambriz Esther
Bought by
Ambriz Ricardo
Seller's Agent
Nurimar Larco
C-21 Astro
List Price
$400,000
Sold Price
$400,000

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jul 23, 2012
Sold by
Ambriz Ricardo and Monzon Maria
Bought by
Shen Hsiao Hui and Shen Jia Yuh
Seller's Agent
Nurimar Larco
C-21 Astro
List Price
$400,000
Sold Price
$400,000

Purchase Details

Closed on
Nov 13, 2007
Sold by
Cruz Arturo E
Bought by
Ambriz Ricardo

Purchase Details

Closed on
Sep 28, 2007
Sold by
Ambriz Ricardo and Monson Maria
Bought by
Cruz Arturo E

Purchase Details

Closed on
Jun 13, 2005
Sold by
Ambriz Ricardo
Bought by
Ambriz Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 9, 2005
Sold by
Espinosa Arturo
Bought by
Ambriz Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 8, 2005
Sold by
Moreno Jorge E
Bought by
Ambriz Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 7, 2005
Sold by
Ambriz Esther
Bought by
Ambriz Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 15, 2002
Sold by
Monzon Rafael
Bought by
Monzon Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,899
Interest Rate
6.43%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 2002
Sold by
Reynaga Ramon and Reynaga Juana
Bought by
Monzon Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,899
Interest Rate
6.43%
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
Jpacific International -- None Available
Ambriz Ricardo -- Ticor Title Tustin Orange Co
Shen Hsiao Hui $400,000 Ticor Title Tustin Orange Co
Ambriz Ricardo -- Accommodation
Cruz Arturo E -- Accommodation
Ambriz Ricardo -- None Available
Ambriz Ricardo -- Chicago Title Co
Ambriz Ricardo -- Chicago Title Co
Ambriz Ricardo -- Chicago Title Co
Monzon Maria R -- Lawyers Title Company
Moreno Jorge E -- Lawyers Title Company
Ambriz Ricardo -- Lawyers Title Company
Monzon Maria R $362,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambriz Ricardo $540,000
Previous Owner Ambriz Ricardo $540,000
Previous Owner Ambriz Ricardo $540,000
Previous Owner Monzon Maria R $356,899
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $400,000 0.0% $97 / Sq Ft
06/20/2012 06/20/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $400,000 -- $97 / 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 $6,918 $492,559 $141,608 $350,951
2024 $6,918 $482,902 $138,832 $344,070
2023 $6,799 $473,434 $136,110 $337,324
2022 $6,401 $464,152 $133,442 $330,710
2021 $6,249 $455,052 $130,826 $324,226
2019 $6,160 $441,557 $126,947 $314,610
2018 $5,936 $432,900 $124,458 $308,442
2016 $5,445 $416,092 $119,626 $296,466
2015 $5,237 $409,843 $117,830 $292,013
2014 $5,219 $401,815 $115,522 $286,293
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nurimar Larco

    C-21 Astro

    (562) 896-5842

    40 Total Sales

    Nurimar Larco
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1203029

California Regional Multiple Listing Service (CRMLS)

APN: 7120-006-007

California Los Angeles County Long Beach 90805 Ramona Park

2824 E 65th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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