NOT LISTED FOR SALE

2830 E 68th St Long Beach, CA 90805

Mc Kinley Neighborhood

Estimated Value: $1,205,000 - $1,569,000

9 Beds
4 Baths
3,965 Sq Ft
$340/Sq Ft Est. Value

Last Sold March 26, 2014

Last sale price $670,000 $169 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,949/month

11 Days on Market

Highlights

  • No HOA
  • 4 Car Garage
  • Level Lot

About This Home

As of March 2014

4 Units with 4 private Car Garage, 3 Units are Townhouse Styles Each Unit 2 Bedrooms 1.5 Bathrooms and 1 Car Garage and private patio, 4th unit is 3 bedroom 1 bath on top of the Garages. It has Newer Roof less the year old, Washer & Dryer room for the building, 4 Electrical Meter, 1 Water meter, Corner Building located right across the school , Long term tenants, Great Cash flow units.

Last Agent to Sell the Property

Tony Amer

TM Real Estate Brokers License #01127040 Listed on: 02/15/2014

Last Buyer's Agent

Beryl Henry

Coldwell Banker Envision License #00917093

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,088 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,965 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 77
  • Tax Tract Number 7420
  • Assessor Parcel Number 7113005057

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $360
  • Insurance Expense $1,500
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,015
  • Gross Income $5,950
  • Net Operating Income $71,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7113005057
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 168.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 4088.00
  • Lot Size Acres: 0.0940

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 1000
  • Average3 Bed Area: 1000
  • Electric Expense: 360.00
  • Gross Income: 5950.00
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4088.0000 Square Feet
  • Net Operating Income: 71400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5015.00
  • Taxes Percent: 1.25
  • Tax Lot: 77
  • Tax Tract Number: 7420
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2020
Sold by
Sanchez Alatorre Javier and Sanchez Herminia
Bought by
Sanchez Alatorre Javier and Sanchez Herminia
Current Estimated Value
$1,346,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$576,175
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$770,665

Purchase Details

Listed on
Feb 15, 2014
Closed on
Feb 25, 2014
Sold by
Destouet Byron V
Bought by
Sanchez Javier and Sanchez Herminia
Seller's Agent
Tony Amer
TM Real Estate Brokers
Buyer's Agent
Beryl Henry
Coldwell Banker Envision
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$477,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2001
Sold by
Destouet Elizabeth A
Bought by
Destouet Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.88%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Sanandaji Mirza
Bought by
Destouet Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.88%

Purchase Details

Closed on
Sep 28, 1998
Sold by
Sanandaji Monir
Bought by
Sanandaji Mirza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.37%

Purchase Details

Closed on
Sep 18, 1998
Sold by
Iranpur Boman M
Bought by
Sanandaji Mirza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.37%

Purchase Details

Closed on
Oct 15, 1993
Sold by
La Bate Corp
Bought by
Kitzmiller Norman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
6.24%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Kitzmiller Norman John
Bought by
Iranpur Boman M and Iranpur Gul B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
6.24%
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
Sanchez Alatorre Javier -- First American Title
Sanchez Javier $670,000 Provident Title Company
Destouet Byron -- --
Destouet Byron $325,000 --
Sanandaji Mirza -- Fidelity National Title Ins
Sanandaji Mirza $168,000 Fidelity National Title Co
Kitzmiller Norman John $97,000 Fidelity National Title
La Bate Corp -- Fidelity National Title
Iranpur Boman M $308,000 Fidelity National Title
Kitzmiller Norman John -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Alatorre Javier $650,000
Closed Sanchez Javier $477,000
Previous Owner Destouet Byron $260,000
Previous Owner Sanandaji Mirza $117,600
Previous Owner Iranpur Boman M $246,400
Closed Destouet Byron $48,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2014 03/26/14 Sold $670,000 -4.1% $169 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
02/15/2014 02/15/14 For Sale $699,000 -- $176 / 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 $10,887 $821,317 $171,615 $649,702
2024 $10,887 $805,213 $168,250 $636,963
2023 $10,701 $789,425 $164,951 $624,474
2022 $10,056 $773,947 $161,717 $612,230
2021 $9,839 $758,773 $158,547 $600,226
2020 $9,812 $750,994 $156,922 $594,072
2019 $9,698 $736,270 $153,846 $582,424
2018 $9,410 $721,834 $150,830 $571,004
2016 $8,644 $693,806 $144,974 $548,832
2015 $8,303 $683,386 $142,797 $540,589
2014 $5,091 $391,652 $60,252 $331,400
Source: Public Records

Agents Affiliated with this Home

  • Tony Amer

    Seller's Agent in 2014

    Tony Amer

    TM Real Estate Brokers

    (562) 244-0093

    50 Total Sales

    Tony Amer
    Section Image
  • Beryl Henry

    Buyer's Agent in 2014

    Beryl Henry

    Coldwell Banker Envision

    (562) 430-4248

    14 Total Sales

    Beryl Henry
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14032486

California Regional Multiple Listing Service (CRMLS)

APN: 7113-005-057

California Los Angeles County Long Beach 90805 Mc Kinley

2830 E 68th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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