NOT LISTED FOR SALE

Estimated Value: $651,000 - $771,755

2 Beds
2 Baths
1,133 Sq Ft
$618/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $599,000 $529 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,326/month

76 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Level Lot
  • No HOA
  • 2 Car Garage
  • Wood Siding

About This Home

As of October 2023

Clean Duplex in good area of North Long Beach. Each unit is 1 bedroom / 1 bath. Tenants share a 2 car garage, separate laundry room and nice size backyard. Tenants pay their own gas and electric. Long term tenants.

Last Agent to Sell the Property

Angelica Gregory

T.N.G. Real Estate Consultants License #01361876 Listed on: 06/14/2023

T.N.G. Real Estate Consultants

Co-Listed By

wade calmer

T.N.G. Real Estate Consultants License #00776461

Last Buyer's Agent

Caleb Baldwin

INTI Realty License #02056751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1948

Lot Details

  • 4,832 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard
  • Lawn

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,133 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / G
  • Tax Tract Number 6807
  • Assessor Parcel Number 7120010008
  • $976 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Long Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $770
  • Maintenance Expense $1,140
  • Water Sewer Expense $985
  • New Taxes Expense $8,365
  • Operating Expense $11,980
  • Gross Income $22,800
  • Net Operating Income $10,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,478

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 985.00
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7120010008
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 528.68
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Level with Street, Yard
  • Lot Size Sq Ft: 4832.00
  • Lot Size Acres: 0.1109

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 566 Square Feet
  • Gross Income: 22800.00
  • Gross Operating Income: 22800.00
  • Gross Scheduled Income: 22800.00
  • Insurance Expense: 770.00
  • Lot Size Area: 4832.0000 Square Feet
  • Maintenance Expense: 1140.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 10820.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 11980.00
  • Rent Control: Yes
  • Total Actual Rent: 1900.00
  • Total Expenses: 11980.00

Tax Info

  • New Taxes Expense: 8365.00
  • Tax Area: 4-992
  • Tax Block: G
  • Tax Census Tract: 5702.04
  • Tax Lot: 8
  • Tax Tract Number: 6807
  • Tax Annual Amount: 1478.00
  • Tax Year: 2022
  • TaxOtherAnnualAssessmentAmount: 976.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Sep 8, 2023
Sold by
Doty Family Bypass Trust
Bought by
Cantla Alex
Seller's Agent
Angelica Gregory
T.N.G. Real Estate Consultants
Buyer's Agent
Caleb Baldwin
INTI Realty
List Price
$669,000
Sold Price
$599,000
Premium/Discount to List
-$70,000
-10.46%
Views
871
Current Estimated Value
$700,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,689
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Nov 12, 2014
Sold by
Doty Sarah Ann
Bought by
Doty Sarah Ann and Lake Jeffrey A

Purchase Details

Closed on
Jul 21, 2014
Sold by
Doty Family Trust
Bought by
Doty Sarah Ann

Purchase Details

Closed on
Apr 28, 2004
Sold by
Doty Daniel I
Bought by
Doty Daniel Irving and The Doty Family Trust
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
Cantla Alex $599,000 Ticor Title
Doty Sarah Ann -- None Available
Doty Sarah Ann -- None Available
Doty Daniel Irving -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $599,000 0.0% $529 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/17/2023 08/17/23 Price Changed $599,000 -6.4% $529 / Sq Ft
07/18/2023 07/18/23 Price Changed $640,000 +0.2% $565 / Sq Ft
07/18/2023 07/18/23 Price Changed $639,000 -0.2% $564 / Sq Ft
07/11/2023 07/11/23 Price Changed $640,000 -4.3% $565 / Sq Ft
06/14/2023 06/14/23 For Sale $669,000 -- $590 / 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 $7,854 $610,980 $304,980 $306,000
2024 $7,854 $599,000 $299,000 $300,000
2023 $1,533 $43,049 $18,343 $24,706
2022 $1,478 $42,206 $17,984 $24,222
2021 $1,385 $41,380 $17,632 $23,748
2019 $1,364 $40,155 $17,110 $23,045
2018 $1,276 $39,369 $16,775 $22,594
2016 $1,086 $37,842 $16,125 $21,717
2015 $1,064 $37,274 $15,883 $21,391
2014 $1,073 $36,544 $15,572 $20,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23105116

California Regional Multiple Listing Service (CRMLS)

APN: 7120-010-008