NOT LISTED FOR SALE

Estimated Value: $1,294,000 - $1,461,240

8 Beds
4 Baths
3,264 Sq Ft
$412/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $1,300,000 $398 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,576/month

95 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Level Lot
  • Wall Furnace
  • Laundry Room

About This Home

As of March 2022

Great Investment Opportunity for your 1031 Exchange Clients ~ Quadruplex features: 4 / 2 Bedroom, 1 bath well. maintained units . inside washer / dryer hook ups, updated kitchen cabinets with granite counter tops!

All tenants are Section 8 tenants, remained current during housing moratorium and are on a month to month lease which are scheduled for rent increase of $345.00 by February 1, 2022.

Unit A $1640 5% applicable increase mid year
Unit B $1757 due for 5% increase of $105, Feb 1st, 2022
Unit C $1902 due for 5% increase of $114, Jan 1st, 2022
Unit D $1750 5% applicable increase mid year

Landlord pays Water & Trash, Tenants pay all other utilities!

Centrally located near 91, 710, 110 & 605 FWY

Last Agent to Sell the Property

Laura Borbon

Century 21 Allstars License #01192623 Listed on: 11/05/2021

Century 21 Allstars

Last Buyer's Agent

Leticia Rivera

Estate Properties License #01183706

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,649

Year Built

  • Built in 1963

Lot Details

  • 4,813 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Quadruplex

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 16 / G
  • Tax Tract Number 6807
  • Assessor Parcel Number 7120010028
  • $779 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • North Long Beach Subdivision

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,616
  • Trash Expense $420
  • Water Sewer Expense $1,490
  • Operating Expense $4,614
  • Gross Income $84,516
  • Net Operating Income $79,902

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,649

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Price Per Unit: 300000
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1490.00
  • Zoning: LBR1N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7120010028
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 398.28

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4813.00
  • Lot Size Acres: 0.1105

Multi Family

  • Gross Income: 84516.00
  • Gross Operating Income: 4614.00
  • Gross Scheduled Income: 84516.00
  • Gross Spendable Income: 84516.00
  • Insurance Expense: 1616.00
  • Lot Size Area: 4813.0000 Square Feet
  • Net Operating Income: 79902.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 4614.00
  • Rent Control: Yes
  • Total Expenses: 4614.00

Tax Info

  • Tax Block: G
  • Tax Census Tract: 5702.04
  • Tax Lot: 16
  • Tax Tract Number: 6807
  • TaxOtherAnnualAssessmentAmount: 779.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2025
Sold by
Thompson James P and Thompson Nicole L
Bought by
James And Nicole Thompson Trust and Thompson
Current Estimated Value
$1,345,310

Purchase Details

Closed on
Jan 11, 2021
Sold by
Soung Stephen Kar
Bought by
Blooming Orchid Llc

Purchase Details

Closed on
Oct 8, 2020
Sold by
Soung Stephen Kar
Bought by
Soung Stephen Kar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$810,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jun 25, 2019
Sold by
Huynh Bao Trinh
Bought by
Soung Stephen Kar
Seller's Agent
Olga Wright
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Laura Borbon
Century 21 Allstars
List Price
$1,075,000
Sold Price
$1,075,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.17%
Original Mortgage
$806,250
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2010
Sold by
Huynh Kim Phung
Bought by
Huynh Bao Trinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Ung Alvin
Bought by
Huynh Bao Trinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Huynh Kim Phung
Bought by
Huynh Bao Trinh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2001
Sold by
Williams Lucretia
Bought by
Ung Alvin and Nuth Chanrith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
9.25%

Purchase Details

Closed on
Mar 16, 1999
Sold by
Faulkner Dion
Bought by
Williams Lucretia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,038
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 1997
Sold by
Meneses Eliseu
Bought by
Faulkner Dion and Faulkner Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,414
Interest Rate
7.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
James And Nicole Thompson Trust -- None Listed On Document
Blooming Orchid Llc -- None Available
Soung Stephen Kar -- Fidelity National Title
Soung Stephen Kar $1,075,000 First American Title Company
Huynh Bao Trinh -- Fidelity National Title Co
Huynh Bao Trinh $440,000 --
Huynh Bao Trinh $440,000 --
Huynh Bao Trinh -- --
Huynh Bao Trinh -- --
Ung Alvin $285,000 United Title Company
Williams Lucretia $240,000 First American Title Co
Faulkner Dion $174,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soung Stephen Kar $810,000
Previous Owner Soung Stephen Kar $806,250
Previous Owner Huynh Bao Trinh $303,750
Previous Owner Huynh Bao Trinh $330,000
Previous Owner Huynh Bao Trinh $377,000
Previous Owner Huynh Bao Trinh $386,000
Previous Owner Huynh Bad Trinh $60,000
Previous Owner Huynh Bao Trinh $330,000
Previous Owner Ung Alvin $228,000
Previous Owner Williams Lucretia $238,038
Previous Owner Faulkner Dion $168,414
Closed Ung Alvin $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $1,300,000 +8.3% $398 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $1,200,000 0.0% $368 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
12/07/2021 12/07/21 Price Changed $1,200,000 +3.4% $368 / Sq Ft
11/30/2021 11/30/21 For Sale $1,160,000 -10.8% $355 / Sq Ft
11/22/2021 11/22/21 Off Market $1,300,000 -- --
11/05/2021 11/05/21 For Sale $1,160,000 +7.9% $355 / Sq Ft
07/19/2019 07/19/19 Sold $1,075,000 0.0% $329 / Sq Ft
06/05/2019 06/05/19 For Sale $1,075,000 -- $329 / 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 $17,649 $1,379,570 $318,362 $1,061,208
2024 $17,649 $1,352,520 $312,120 $1,040,400
2023 $17,353 $1,326,000 $306,000 $1,020,000
2022 $14,002 $1,107,859 $309,170 $798,689
2021 $13,719 $1,086,137 $303,108 $783,029
2020 $6,883 $1,075,000 $300,000 $775,000
2019 $7,556 $560,792 $150,391 $410,401
2018 $7,299 $549,797 $147,443 $402,354
2016 $6,708 $528,449 $141,718 $386,731
2015 $6,446 $520,512 $139,590 $380,922
2014 $6,417 $510,317 $136,856 $373,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21243543

California Regional Multiple Listing Service (CRMLS)

APN: 7120-010-028