NOT LISTED FOR SALE

304 E 60th St Long Beach, CA 90805

DeForest Park Neighborhood

Estimated Value: $881,000 - $983,000

5 Beds
2 Baths
1,882 Sq Ft
$492/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $770,000 $409 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,988/month

20 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Front Yard

About This Home

As of September 2021

GREAT INVESTMENT OPPORTUNITY!!! 2 HOUSES on 2 separate lots :*** FRONT House ***: 3 beds/1 bath, $1300/month, 1116 living sqft, very long-term tenant. *** BACK House ***: 2 beds/1 bath with lots of upgrades, $1650/month, and 766 living sqft. Separate meters for gas and electricity. Landlord only pays for water in additional to insurance, and property taxes—very LOW maintenance cost. Separate patio and new fence to separate 2 houses. Front house has 1 car garage and back house UNIQUELY has 3 GARAGES. Conveniently closed to shopping centers, good schools, excellent dining areas, and short distance to both 710 & 91 freeway. DRIVE BY ONLY... DRIVE BY ONLY. Please do not disturb or talk to tenants, or enter or walk on properties under any circumstances! Tenants are not aware of the sale.

Last Agent to Sell the Property

John Nguyen

One Stop Realty and Financial License #01408888 Listed on: 07/23/2021

Last Buyer's Agent

Steve Navar

Excellence RE Real Estate License #01984404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,451

Year Built

  • Built in 1955

Lot Details

  • 5,606 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Level Lot
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 1,882 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 2 / 8
  • Tax Tract Number 5992
  • Assessor Parcel Number 7125017002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,141
  • Water Sewer Expense $720
  • New Taxes Expense $8,160
  • Operating Expense $10,621
  • Gross Income $24,779
  • Net Operating Income $24,779

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,451

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 720.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7125017002
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 409.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Level with Street
  • Lot Size Sq Ft: 5606.00
  • Lot Size Acres: 0.1287

Multi Family

  • Gross Income: 24779.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1141.00
  • Lot Size Area: 5606.0000 Square Feet
  • Net Operating Income: 24779.00
  • 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: 10621.00
  • Rent Control: No
  • Total Expenses: 10621.00

Tax Info

  • New Taxes Expense: 8160.00
  • Tax Block: 8
  • Tax Census Tract: 5703.01
  • Tax Lot: 2
  • Tax Tract Number: 5992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2023
Sold by
Worku Anteneh Engidayehu
Bought by
Anteneh Engidayehu Worku Living Trust
Current Estimated Value
$926,538

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 4, 2021
Sold by
Tran Tuan and Nguyen Huong
Bought by
Worku Anteneh E
Seller's Agent
John Nguyen
One Stop Realty and Financial
Buyer's Agent
Steve Navar
Excellence RE Real Estate
List Price
$689,000
Sold Price
$770,000
Premium/Discount to List
$81,000
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$539,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2021
Sold by
Do Quat Manh and Le Huu Kim
Bought by
Tran Tuan and Nguyen Huong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 16, 2021
Sold by
Tran Tuan and Nguyen Huong
Bought by
Tran Tuan and Nguyen Huong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 2, 2013
Sold by
Do Qat Manh
Bought by
Do Quat Manh and Le Huu Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,800
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2002
Sold by
Lytel Todd M
Bought by
Do Quat Manh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.24%

Purchase Details

Closed on
Jul 14, 1997
Sold by
Johnson Penny J and Kirby Judith A
Bought by
Lytel Todd M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,400
Interest Rate
7.83%
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
Anteneh Engidayehu Worku Living Trust -- None Listed On Document
Worku Anteneh E $770,000 Lawyers Title Company
Tran Tuan $580,000 Lawyers Title
Tran Tuan -- Accommodation
Do Quat Manh -- First American Title Ins Co
Do Quat Manh $209,000 Fidelity National Title
Lytel Todd M $156,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Worku Anteneh E $539,000
Previous Owner Tran Tuan $300,000
Previous Owner Do Quat Manh $145,800
Previous Owner Do Quat Manh $185,000
Previous Owner Do Quat Manh $167,200
Previous Owner Lytel Todd M $24,250
Previous Owner Lytel Todd M $140,750
Previous Owner Lytel Todd M $140,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $770,000 +11.8% $409 / Sq Ft
07/23/2021 07/23/21 For Sale $689,000 -- $366 / 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 $10,451 $817,129 $424,483 $392,646
2024 $10,451 $801,108 $416,160 $384,948
2023 $10,277 $785,400 $408,000 $377,400
2022 $9,648 $770,000 $400,000 $370,000
2021 $3,797 $279,632 $133,794 $145,838
2020 $3,787 $276,766 $132,423 $144,343
2019 $3,744 $271,340 $129,827 $141,513
2018 $3,569 $266,021 $127,282 $138,739
2016 $3,279 $255,693 $122,341 $133,352
2015 $3,152 $251,853 $120,504 $131,349
2014 $3,140 $246,921 $118,144 $128,777
Source: Public Records

Agents Affiliated with this Home

  • John Nguyen

    Seller's Agent in 2021

    John Nguyen

    One Stop Realty and Financial

    (714) 653-8881

    1 in this area

    46 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Steve Navar

    Excellence RE Real Estate

    (562) 500-0138

    1 in this area

    8 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21161673

California Regional Multiple Listing Service (CRMLS)

APN: 7125-017-002

California Los Angeles County Long Beach 90805 DeForest Park

304 E 60th St, Long Beach, CA

This home is located at 304 E 60th St, Long Beach, CA 90805 since 23 July 2021 and is currently estimated at $926,538, approximately $492 per square foot. This property was built in 1955. 304 E 60th St is a home located in Los Angeles County with nearby schools including Colin Powell Academy for Success, Jordan High School, and Gethsemane Baptist Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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