NOT LISTED FOR SALE

315 E Mountain View St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $972,179 - $1,134,000

6 Beds
6 Baths
2,926 Sq Ft
$363/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $565,000 $193 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,309/month

126 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Laundry Room
  • No HOA
  • Recessed Lighting
  • 3-minute walk to Grace Park

About This Home

As of June 2015

DON’T MISS OUT ON THIS GREAT INVESTMENT OPPORTUNITY TO OWN THIS UNIQUE MULTI-FAMILY SIDE-BY-SIDE DUPLEX PROPERTY…LIVE IN ONE THAT HAS BEEN COMPLETELY UPDATED AND REMODELED, RENT OUT THE OTHER.

This 1987 multi-family unit is one-of-kind— 2,926 sq.ft. of living space that features two homes in one. This two-storied side-by-side duplex is located in the actively renovating Uptown Renaissance area of North Long Beach, sits on a well-established tree lined street.

Featuring 2 three-bedroom units, each equipped with 2.5 full baths, separate dining area, direct garage access with individual laundry hook ups and private patios. Each Master Bedroom has its own private bathroom; an upper level bathroom to service the other two bedrooms and powder room downstairs for guests. Adding to the curb appeal, the exterior has been freshly painted, new roof, two new garaging doors with remotes. Other amenities include new fencing, a two car garage and parking spaces that will easily accommodating 4 cars. The property has been well maintained and is currently leased by long time tenants. Conveniently located near schools, shopping and freeway, this property is a great starter/investment property. ALL IT NEEDS IS YOU!!!!

Last Agent to Sell the Property

Connie Youngblood

First Team Real Estate License #01745985 Listed on: 06/29/2015

First Team Real Estate

Last Buyer's Agent

Karina Veliz

Veliz Empire Realty License #01238964

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 4,500 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • New Fence
  • Paved or Partially Paved Lot
  • Level Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Shared Driveway
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 1st floor
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,926 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Storage

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Laundry

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • 220 Volts in Garage
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, taxes
  • Tax Lot 544
  • Tax Tract Number 5134
  • Assessor Parcel Number 7131013014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Water Sewer Expense $1,200
  • Gross Income $2,117
  • Net Operating Income $25,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7131013014
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Formica Counters, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 193.10
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Slab
  • Fencing: Average Condition, New Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Front, Direct Garage Access, Garage, Garage Door Opener, Garage Faces Rear, Shared Driveway, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Water Heater, Range Hood
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street, Paved
  • Lot Size Sq Ft: 4500.00
  • Price Per Lot Square Foot: 125.56
  • Lot Size Acres: 0.1030

Rental Info

  • Tenant Pays: Electricity, Gas, Taxes

Multi Family

  • Gross Income: 2117.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 650.00
  • Lot Size Area: 4500.0000 Square Feet
  • Net Operating Income: 25400.00
  • 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
  • Number With Carpet: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 2
  • Number With Range: 1
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 544
  • Tax Tract Number: 5134
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Favela Sharon Beatriz
Bought by
Salazar Neftali Morales
Current Estimated Value
$1,062,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2015
Closed on
May 26, 2015
Sold by
Diaz Blanca Estela
Bought by
Salazar Neftali Morales
Seller's Agent
Connie Youngblood
First Team Real Estate
Buyer's Agent
Karina Veliz
Veliz Empire Realty
List Price
$564,900
Sold Price
$565,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Original Mortgage
$554,766
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 29, 2015
Closed on
May 6, 2015
Sold by
Hoffman Cheri and Barbara Kolat Living Trust
Bought by
Salazar Neftali Morales and Favela Sharon Beatris
Seller's Agent
Connie Youngblood
First Team Real Estate
Buyer's Agent
Karina Veliz
Veliz Empire Realty
List Price
$564,900
Sold Price
$565,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,766
Interest Rate
3.81%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2008
Sold by
Kolat Barbara A
Bought by
Kolat Barbara A and Barbara Kolat Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salazar Neftali Morales -- Orange Coast Title Co Socal
Salazar Neftali Morales -- Western Resources Title Co
Salazar Neftali Morales $565,000 Western Resources Title Co
Kolat Barbara A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salazar Neftali Morales $531,200
Previous Owner Salazar Neftali Morales $554,766
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $565,000 0.0% $193 / Sq Ft
05/01/2015 05/01/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $564,900 -- $193 / 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 $9,480 $732,065 $241,376 $490,689
2024 $9,480 $717,712 $236,644 $481,068
2023 $9,323 $703,640 $232,004 $471,636
2022 $8,757 $689,844 $227,455 $462,389
2021 $8,577 $676,319 $222,996 $453,323
2019 $8,455 $656,261 $216,383 $439,878
2018 $8,178 $643,394 $212,141 $431,253
2016 $6,993 $573,616 $167,516 $406,100
2015 $3,345 $265,670 $28,056 $237,614
2014 -- $260,467 $27,507 $232,960
Source: Public Records

Agents Affiliated with this Home

  • Connie Youngblood

    Seller's Agent in 2015

    Connie Youngblood

    First Team Real Estate

    (714) 782-2897

    11 Total Sales

    Connie Youngblood
    Section Image

  • K

    Buyer's Agent in 2015

    Karina Veliz

    Veliz Empire Realty

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14262685

California Regional Multiple Listing Service (CRMLS)

APN: 7131-013-014

California Los Angeles County Long Beach 90805 Addams

315 E Mountain View St, Long Beach, CA

Not Listed for Sale

MultiFamily

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

Nearby Homes