NOT LISTED FOR SALE

Estimated Value: $1,643,000 - $2,073,000

9 Beds
7 Baths
5,026 Sq Ft
$356/Sq Ft Est. Value

Last Sold September 11, 2021

Last sale price $1,517,500 $302 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $11,168/month

3 Days on Market

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Cooling System Mounted To A Wall/Window
  • Woodrow Wilson High School Rated A
  • Traditional Architecture
  • Laundry Room

About This Home

As of September 2021

Welcome to this quadruplex in the City of Long Beach. Each unit comes with its own 1 car detached garage, plus community laundry. Oversized rooms and closets make this perfect for any owner/investor to live in and/or rent out. The property also offers ample parking on-site so you won't have to worry about looking for street parking! The plumbing, electrical and roof are all in great condition as well, the roof is newer from the last 5 years, and the large 3bed/2bath unit was recently remodeled.

Last Agent to Sell the Property

Loida Velasquez

Real Broker License #01974732 Listed on: 05/22/2021

Real Broker

Co-Listed By

Bryan Casella

eXp Realty of California Inc. License #01925078

Last Buyer's Agent

Loida Velasquez

Real Broker License #01974732 Listed on: 05/22/2021

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,573

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 6,751 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • 1 Carport Space
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 5,026 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 7 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 4 / D
  • Tax Tract Number 576802
  • Assessor Parcel Number 7257008005

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $2,280
  • Gross Income $1,170
  • Net Operating Income $95,040

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,573

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2280.00
  • Zoning: LBR2N
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7257008005
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 301.93
  • Room Type: All Bedrooms Down, All Bedrooms Up, Laundry

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 1170.00
  • Gross Scheduled Income: 97800.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 1170.00
  • Lot Size Area: 6751.0000 Square Feet
  • Net Operating Income: 95040.00
  • 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: 2760.00
  • Rent Control: No

Tax Info

  • Tax Block: D
  • Tax Census Tract: 5768.02
  • Tax Lot: 4
  • Tax Tract Number: 576802

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 1999
Sold by
Mata Silverio V
Bought by
Mata Silverio
Current Estimated Value
$1,790,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
7.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 30, 1997
Sold by
Mata Silverio
Bought by
Mata Silverio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
7.63%

Purchase Details

Closed on
Mar 5, 1997
Sold by
Binkley Lawrence
Bought by
Mata Silverio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
7.63%
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
Mata Silverio -- --
Mata Silverio -- Southland Title Corporation
Mata Silverio $317,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mata Silverio $89,000
Previous Owner Mata Silverio $253,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2021 09/11/21 Sold $1,517,500 0.0% $302 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/24/2021 05/24/21 Off Market $1,517,500 -- --
05/22/2021 05/22/21 For Sale $1,600,000 -- $318 / 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 $21,573 $1,610,382 $973,658 $636,724
2024 $20,625 $1,578,807 $954,567 $624,240
2023 $20,283 $1,547,850 $935,850 $612,000
2022 $19,041 $1,517,500 $917,500 $600,000
2021 $6,617 $476,959 $176,036 $300,923
2020 $6,598 $472,069 $174,231 $297,838
2019 $6,524 $462,814 $170,815 $291,999
2018 $6,258 $453,740 $167,466 $286,274
2016 $5,734 $436,122 $160,964 $275,158
2015 $5,516 $429,572 $158,547 $271,025
2014 $5,497 $421,158 $155,442 $265,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21105369

California Regional Multiple Listing Service (CRMLS)

APN: 7257-008-005