NOT LISTED FOR SALE

Estimated Value: $1,058,000 - $1,209,000

6 Beds
4 Baths
2,433 Sq Ft
$465/Sq Ft Est. Value

Last Sold February 23, 2016

Last sale price $580,000 $238 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $6,681/month

68 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Wood Flooring
  • Woodrow Wilson High School Rated A
  • Traditional Architecture
  • 3-minute walk to Orizaba Park

About This Home

As of February 2016

Two on a lot in circle/east side area of Long beach,both are Spanish style,front unit consisting of living room entry with gas fireplace and ceramic tiled floor,kitchen with granite counter top,double sink,gas range,disposal,hood,tiled floors;3 bedrooms and 1 full bath off of the main hallway plus master suite with walk-in closet and private full bath,laminated floors on all bedrooms;rear unit is two stories 2 bedrooms/2 baths upstairs and 2 double cars garage underneath.Unit has a hall entry that opens to the living room and dining room combination,living room has nice hardwood floor;kitchen off of living room with tiled floor,double sink,range,hood,disposal,main hall opens to 2 bedrooms and 1 full bath.One bedroom has private bath,both bedrooms has wall to wall carpet.Fresh paint inside.Rear unit was built in 1990.

Last Agent to Sell the Property

Daniel Kor

TM Real Estate Brokers License #00916018 Listed on: 09/30/2015

Last Buyer's Agent

Steve Vong

First American Team Realty Inc License #01273285

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 5,008 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wood Fence

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 2,433 Sq Ft Home
  • Skylights
  • Window Screens
  • Double Door Entry
  • Living Room with Fireplace
  • City Lights Views

Kitchen

  • Gas Range
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Security Lights

Outdoor Features

  • Balcony
  • Fire Pit
  • Exterior Lighting

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Water Heater
  • Phone Available
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 9
  • Assessor Parcel Number 7259025010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Gross Income $3,600
  • Net Operating Income $37,712

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Security Lights, Window Bars
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 7259025010
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile, Wood
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Fireplace Features: Fire Pit, Living Room
  • Levels: Two
  • Price Per Square Foot: 238.39
  • Room Type: All Bedrooms Up, Formal Entry, Living Room, Master Bedroom, Master Suite
  • Window Features: Screens, Skylight(s)

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: TV Antenna
  • View: City Lights
  • Fencing: Wood
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Stucco, Unknown

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Rear, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5008.00
  • Price Per Lot Square Foot: 115.81
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5008.0000 Square Feet
  • Net Operating Income: 37712.00
  • 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: 5488.00
  • Rent Control: No
  • Total Actual Rent: 3600.00

Tax Info

  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2016
Sold by
Morm Sareth and Morm Saoeth
Bought by
Morm Sareth and Morm Saoeth
Current Estimated Value
$1,131,475

Purchase Details

Listed on
Sep 30, 2015
Closed on
Feb 10, 2016
Sold by
So Ratanak
Bought by
Morm Sareth and Morm Saoeth
Seller's Agent
Daniel Kor
TM Real Estate Brokers
Buyer's Agent
Steve Vong
First American Team Realty Inc
List Price
$625,000
Sold Price
$580,000
Premium/Discount to List
-$45,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$280,000
Outstanding Balance
$223,356
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$908,119

Purchase Details

Closed on
Aug 27, 2015
Sold by
So Chung Huor and Kor Sophany
Bought by
So Ratanak

Purchase Details

Listed on
Nov 22, 2011
Closed on
Jan 11, 2012
Sold by
U S Bank National Association
Bought by
So Ratanak and So Chung Huor
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Daniel Kor
TM Real Estate Brokers
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Lach Sokha and Bun Sarladies S
Bought by
U S Bank National Association

Purchase Details

Closed on
Jun 14, 2005
Sold by
Ket Paul S and Heng Reta R
Bought by
Lach Sokha and Bun Sarladies S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2005
Sold by
Ket Paul
Bought by
Ket Paul S and Heng Reta R

Purchase Details

Closed on
Jul 14, 2004
Sold by
Heng Reta R
Bought by
Ket Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2004
Sold by
Khem Vichan and Khem Savanna
Bought by
Ket Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1998
Sold by
Home Svgs Of America Fsb
Bought by
Khem Vichan and Khem Savanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
7.05%

Purchase Details

Closed on
Sep 4, 1996
Sold by
Obeid Robert J and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
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
Morm Sareth -- None Available
Morm Sareth $580,000 Chicago Title Company
So Ratanak -- None Available
So Ratanak $345,000 Ticor Title Riverside
U S Bank National Association $383,000 None Available
Lach Sokha $660,000 Lawyers Title Company
Ket Paul S -- --
Ket Paul -- Lawyers Title Company
Ket Paul $456,000 Lawyers Title Company
Khem Vichan $149,000 Investors Title Company
Home Svgs Of America Fsb $144,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morm Sareth $280,000
Previous Owner Lach Sokha $528,000
Previous Owner Ket Paul $342,000
Previous Owner Khem Vichan $134,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2016 02/23/16 Sold $580,000 -7.2% $238 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
09/30/2015 09/30/15 For Sale $625,000 +81.2% $257 / Sq Ft
01/17/2012 01/17/12 Sold $345,000 +1.8% $142 / Sq Ft View Prior Sale
11/30/2011 11/30/11 Pending -- -- --
11/22/2011 11/22/11 For Sale $339,000 -- $139 / 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 $9,032 $686,597 $473,516 $213,081
2024 $9,032 $673,135 $464,232 $208,903
2023 $8,879 $659,937 $455,130 $204,807
2022 $8,342 $646,998 $446,206 $200,792
2021 $8,169 $634,312 $437,457 $196,855
2020 $8,147 $627,809 $432,972 $194,837
2019 $8,053 $615,500 $424,483 $191,017
2018 $7,777 $603,432 $416,160 $187,272
2016 $6,709 $540,257 $336,149 $204,108
2015 $4,513 $360,559 $209,020 $151,539
2014 $4,488 $353,497 $204,926 $148,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15215094

California Regional Multiple Listing Service (CRMLS)

APN: 7259-025-010