$860,000
SOLD MAR 3, 2025
4 Beds
2 Baths
1,560 Sq Ft
4,585 Sq Ft Lot

Recently Sold

$551 Per Sq Ft

3% Below List Price

163 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 1-Story Property

About This Home

As of March 2025

Welcome to this exceptional property featuring two units on a generously sized lot. The front unit has been beautifully updated, boasting new vinyl plank flooring and fresh paint. The remodeled kitchen features bright white cabinets, sleek quartz countertops, and a cozy dining nook with built-in china cabinets—perfect for intimate meals. This unit also offers two spacious bedrooms with ample closet space and an updated bathroom. Inside laundry is a plus. The back unit is open and airy, with a nice-sized living room and two bedrooms. Downstairs is a two-car garage and a 600 sqft approx workshop area. Whether you're seeking a home to call your own or a smart investment opportunity, this property presents a unique blend of comfort and potential. Don't miss out on this chance to own a versatile property with modern amenities in a desirable location close to several freeways and shopping. Give me a call for complete details. Plenty of parking with a long driveway and parking pad.

Last Agent to Sell the Property

Allison Van Wig

Keller Williams Coastal Prop. Brokerage Phone: 562-882-1581 License #00985700 Listed on: 08/01/2024

Keller Williams Coastal Prop.

Last Buyer's Agent

Estefany Oceguera

Pacific Sotheby's International Realty License #02020051

Pacific Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,237

Year Built

  • Built in 1939

Lot Details

  • 4,585 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 7 / A
  • Tax Tract Number 6807
  • Assessor Parcel Number 7120004006
  • $367 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $569
  • Water Sewer Expense $2,400
  • Operating Expense $2,969
  • Gross Income $54,000
  • Net Operating Income $53,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,237

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 412500
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR2N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7120004006
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 551.28

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4585.00
  • Lot Size Acres: 0.1053

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 569.00
  • Lot Size Area: 4585.0000 Square Feet
  • Net Operating Income: 53000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: Yes
  • Total Expenses: 2969.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5702.04
  • Tax Lot: 7
  • Tax Tract Number: 6807
  • TaxOtherAnnualAssessmentAmount: 367.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Feb 5, 2025
Sold by
Ingram Family Survivor Trust and Ingram Wayne Bill
Bought by
Murrieta-Murrieta Fernando and Quintana Griselda Moreno
Seller's Agent
Allison Van Wig
Keller Williams Coastal Prop.
Buyer's Agent
Estefany Oceguera
Pacific Sotheby's International Realty
List Price
$885,000
Sold Price
$860,000
Premium/Discount to List
-$25,000
-2.82%
Total Days on Market
163
Views
9040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-30.96%
Original Mortgage
$688,000
Outstanding Balance
$686,878
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$99,965

Purchase Details

Closed on
Jun 5, 2023
Sold by
Ingram Family Bypass Trust
Bought by
Ingram Family Survivor Trust and Ingram

Purchase Details

Closed on
Dec 18, 2012
Sold by
Ingram William G
Bought by
Ingram William G and Ingram Family Bypass Trust

Purchase Details

Closed on
Dec 17, 1996
Sold by
Ingram William G
Bought by
Ingram William G and Ingram Joyce J

Purchase Details

Closed on
Oct 15, 1996
Sold by
William And Joyce Ingram T Ingram, William G
Bought by
Ingram William G and Ingram Joyce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,620
Interest Rate
8.3%
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 Type Sale Price Title Company
Grant Deed $860,000 Ticor Title
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $688,000 New Conventional
Previous Owner $49,620 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 Sold $860,000 0.0% $551 / Sq Ft
02/13/2025 02/13/25 Off Market $860,000 -- --
01/11/2025 01/11/25 Pending -- -- --
08/26/2024 08/26/24 Price Changed $825,000 -6.8% $529 / Sq Ft
08/01/2024 08/01/24 For Sale $885,000 -- $567 / 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
2024 $3,237 $230,657 $138,869 $91,788
2023 $3,181 $226,136 $136,147 $89,989
2022 $2,994 $221,703 $133,478 $88,225
2021 $2,932 $217,357 $130,861 $86,496
2019 $2,892 $210,913 $126,981 $83,932
2018 $2,742 $206,779 $124,492 $82,287
2016 $2,527 $198,751 $119,658 $79,093
2015 $2,429 $195,766 $117,861 $77,905
2014 $2,418 $191,932 $115,553 $76,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24158463

California Regional Multiple Listing Service (CRMLS)

APN: 7120-004-006