NOT LISTED FOR SALE

Estimated Value: $1,414,000 - $1,660,228

4 Beds
4 Baths
2,576 Sq Ft
$596/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $1,265,000 $491 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,517/month

83 Days on Market

Highlights

  • Two Primary Bedrooms
  • Wood Flooring
  • Spanish Architecture
  • Woodrow Wilson High School Rated A
  • Main Floor Primary Bedroom
  • Bonus Room

About This Home

As of September 2021

A beautiful turnkey 2 units property locates in Rose Park South, Long Beach that close to restaurants, shops, beach and galleries. The property was remolded and completed makeover in year 2016 from a historic original Spanish house to be a modern Spanish duplex with open floor plan, modern kitchen,state of art of appliances, refrigerator, quartz counter top, designer cabinets, recess lights in kitchen. Beautiful new hardwood floor through out, hand painted mosaic tiles in bathroom floor and walls, and in staircase to second floor. It's perfect for a homeowner to stay in one unit and rent the other unit out or use it as an investment property.

Each unit has 2 bedrooms and 2 full baths, a large living room with hardwood floor and it connects to the kitchen and dinning area. Each unit has a master bedroom suite with private luxury full bath with spacious tub and separated shower, plus another bedroom with another gorgeous full bath room. A formal entry way with designer tiles flooring set at downstairs unit. A bonus room to enjoy the outside view at upstairs unit. Both units has washer & dryer, refrigerator included. House has updated with newer copper plumbing, central heating, new paint and more. Private driveway and detached 2 car garage, plus a nice backyard and a private side yard. Too many upgrades to mention. It's a gorgeous remolded duplex in a nice neighborhood. Hurry before it's gone.

Last Agent to Sell the Property

Shinglian Chu

SHINGLIAN CHU, BROKER License #01019390 Listed on: 05/21/2021

Last Buyer's Agent

Kimberly Turner

Dilbeck Real Estate License #01187679

Dilbeck Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,171 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Fence is in fair condition
  • Landscaped
  • Front Yard Sprinklers
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Electric Vehicle Home Charger
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Parking Lot

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey
  • Raised Foundation
  • Spanish Tile Roof
  • Bitumen Roof
  • Stucco

Interior Spaces

  • 2,576 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Formal Entry
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Six Burner Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Central Heating
  • Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 5 / C
  • Tax Tract Number 576
  • Assessor Parcel Number 7257007008

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Belmont Heights Subdivision

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • Zoning: LBR2N
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7257007008
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Levels: Two
  • Price Per Square Foot: 491.07
  • Room Type: Bonus Room, Formal Entry, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Two Masters, Walk-In Closet
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Fair Condition, Wood
  • Pool Private: No
  • Roof: Bitumen, Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door, Garage Door Opener, Parking Space, Private, Electric Vehicle Charging Station(s)
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Disposal, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, 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, Back Yard, Front Yard, Landscaped, Sprinklers In Front
  • Lot Size Sq Ft: 5171.00
  • Lot Size Acres: 0.1187

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 5350.00
  • Lot Size Area: 5171.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5768.02
  • Tax Lot: 5
  • Tax Tract Number: 576...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2016
Closed on
Jul 29, 2016
Sold by
Hermosa Associates Llc
Bought by
Chu Lillian and Kane John Joseph O
Seller's Agent
Lorri Quiett
Vylla Home, Inc.
Buyer's Agent
Shinglian Chu
SHINGLIAN CHU, BROKER
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Current Estimated Value
$1,536,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$626,057
Avg. Annual Appreciation
5.82%
Original Mortgage
$728,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2016
Sold by
King Donald C
Bought by
Hermosa Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,600
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2004
Sold by
King Donald C
Bought by
King Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,322
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2000
Sold by
King James G
Bought by
King Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chu Lillian $910,000 Chicago Title Company
Hermosa Associates Llc $508,000 Chicago Title Company
King Donald C -- Financial Title Company
King Donald C -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Lillian $728,000
Previous Owner Hermosa Associates Llc $355,600
Previous Owner King Donald C $275,322
Previous Owner King Donald C $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2021 09/22/21 Sold $1,265,000 -1.2% $491 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,280,000 +40.7% $497 / Sq Ft
09/20/2016 09/20/16 Sold $910,000 +1.2% $348 / Sq Ft View Prior Sale
07/27/2016 07/27/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $899,000 -- $343 / 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 $17,623 $1,342,428 $811,824 $530,604
2024 $16,890 $1,316,106 $795,906 $520,200
2023 $16,612 $1,290,300 $780,300 $510,000
2022 $15,586 $1,265,000 $765,000 $500,000
2021 $12,135 $975,701 $750,540 $225,161
2019 $11,962 $946,764 $728,280 $218,484
2018 $11,600 $928,200 $714,000 $214,200
2016 $3,081 $236,313 $122,517 $113,796
2015 $2,963 $232,764 $120,677 $112,087
2014 $2,953 $228,206 $118,314 $109,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21107947

California Regional Multiple Listing Service (CRMLS)

APN: 7257-007-008