Seller's Agent in 2022
Michelle Yoon
OneTop Realty
(213) 820-4652
1 in this area
22 Total Sales
306 E Home St Unit 306A Long Beach, CA 90805
Addams NeighborhoodEstimated Value: $1,281,000 - $1,580,000
7
Beds
4
Baths
3,000
Sq Ft
$474/Sq Ft
Est. Value
Highlights
- Corner Lot
- Laundry Room
- 4 Car Garage
- Park
- Central Heating and Cooling System
- Front Yard
About This Home
As of March 2022Newly remodeled, no rent control, large 2 units on a huge corner lot, high yield and a quickly appreciating neighborhood. What more could you ask of a multifamily asset? All units are generously sized with two garage spaces, private laundry rooms inside each unit, open layout and plenty of natural light. The new owner will enjoy this fully leased property coupled trouble-free returns as each unit is equipped with separate meters for water, gas and electricity all paid by tenants. Main house is two story, 5 bedrooms and 3 bathrooms with freshly remodeled interior & exterior and the other unit (ADU) is single floor, 2 bedrooms and 1 bathroom with its own 2 car garage. Positive cash flow, healthy income stream and solid market appreciation as the area continues its upward trajectory. Easy access to the 710 and 405 freeways.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,260
Year Built
- Built in 2019
Lot Details
- 6,744 Sq Ft Lot
- Corner Lot
- Front Yard
- Density is up to 1 Unit/Acre
- Property is zoned LBR1N
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
Home Design
- 3,000 Sq Ft Home
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 1814
- Tax Tract Number 5134
- Assessor Parcel Number 7131036028
- $277 per year additional tax assessments
Community Details
Overview
- 2 Units
- North Long Beach Subdivision
Recreation
- Park
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2022
Closed on
Jan 31, 2022
Sold by
Won Choi Jae
Bought by
Bu Vincent E
Seller's Agent
Michelle Yoon
OneTop Realty
Buyer's Agent
Grace Chow
Compass
List Price
$1,250,000
Sold Price
$1,300,000
Premium/Discount to List
$50,000
4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,126
Avg. Annual Appreciation
2.60%
Original Mortgage
$970,000
Outstanding Balance
$907,913
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$512,992
Purchase Details
Listed on
Apr 5, 2019
Closed on
Mar 19, 2019
Sold by
Santana Investors Llc
Bought by
Choi Jae Won
Seller's Agent
Janice Lee
Dream Realty & Investments Inc
Buyer's Agent
Kevin Cooper
eXp Realty of California Inc
Sold Price
$2,600
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 16, 2017
Sold by
City Of Long Beach
Bought by
Santana Investors Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.9%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 8, 2011
Sold by
The Redevelopment Agency Of The City Of
Bought by
City Of Long Beach
Purchase Details
Closed on
May 31, 2007
Sold by
Hoque Abdul and Hoque Saleha B
Bought by
Redevelopment Agency Of The City Of Long
Purchase Details
Closed on
Apr 7, 2005
Sold by
Yocky Clifford S and Estate Of Eddie J Yocky
Bought by
Hoque Abdul and Hoque Saleha B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2005
Sold by
Chantland Lorain Adele Yocky
Bought by
The Estate Of Eddie J Yocky
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bu Vincent E | $1,300,000 | Provident Title | |
| Choi Jae Won | $825,000 | Fidelity National Title | |
| Santana Investors Llc | -- | Fidelity National Title Comp | |
| Santana Investors Llc | $200,000 | Fidelity National Title Comp | |
| City Of Long Beach | -- | None Available | |
| Redevelopment Agency Of The City Of Long | -- | Chicago Title Co | |
| Hoque Abdul | $305,000 | First Southwestern Title Co | |
| The Estate Of Eddie J Yocky | -- | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bu Vincent E | $970,000 | |
| Previous Owner | Choi Jae Won | $420,700 | |
| Previous Owner | Choi Jae Won | $425,000 | |
| Previous Owner | Santana Investors Llc | $494,000 | |
| Previous Owner | Santana Investors Llc | $130,000 | |
| Previous Owner | Hoque Abdul | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2022 03/02/22 | Sold | $1,300,000 | +4.0% | $433 / Sq Ft |
| 01/17/2022 01/17/22 | For Sale | $1,250,000 | 0.0% | $417 / Sq Ft |
| 04/13/2019 04/13/19 | Rented | $2,600 | 0.0% | -- |
| 04/05/2019 04/05/19 | For Rent | $2,600 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,260 | $1,379,569 | $902,026 | $477,543 |
| 2024 | $17,260 | $1,352,520 | $884,340 | $468,180 |
| 2023 | $16,974 | $1,326,000 | $867,000 | $459,000 |
| 2022 | $10,774 | $867,220 | $289,073 | $578,147 |
| 2021 | $10,558 | $850,216 | $283,405 | $566,811 |
| 2020 | $10,379 | $841,500 | $280,500 | $561,000 |
| 2019 | $2,656 | $204,000 | $204,000 | $0 |
| 2018 | $0 | $180,405 | $180,405 | $0 |
| 2016 | -- | $180,405 | $180,405 | $0 |
| 2015 | -- | $180,405 | $180,405 | $0 |
| 2014 | -- | $180,405 | $180,405 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Grace Chow
Compass
(310) 779-0058
1 in this area
19 Total Sales
-
Seller's Agent in 2019
Janice Lee
Dream Realty & Investments Inc
(310) 713-2812
45 Total Sales
-
Buyer's Agent in 2019
Kevin Cooper
eXp Realty of California Inc
(562) 618-8202
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22009684
APN: 7131-036-028
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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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