Seller's Agent in 2016
Chris Comfort
Apex Properties
(818) 917-6558
8 Total Sales
316 E 23rd St Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,843,971
6
Beds
4
Baths
6,210
Sq Ft
$297/Sq Ft
Est. Value
About This Home
As of November 2016The property consists of 4 apartment units + 2 commercial units. 2 x 2 bedroom 1 bath units + 2 x 1 bedroom 1 bath units + 2 commercial / retail units on the ground floor. The apartment rents are very low with the 1 bedrooms rented at $600 and $575 and the 2 bedroom units rented at $1,100 and $1,300. The first commercial unit is leased to a kombucha tea store and manufacturing tenant at $1,200 per month. The tenant is doing very well and established themselves in the community. The second commercial unit is leased to an insurance company for $950 per month. The property has been well maintained with updates to the plumbing and restrooms. All leases are month to month except for the tea store whose lease expires in March 2017. Owner is willing to provide seller financing with $450k down.
Last Agent to Sell the Property
Apex Properties License #01407997 Listed on: 08/27/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1947
Lot Details
- 6,211 Sq Ft Lot
- No Common Walls
- Corner Lot
Parking
- 10 Parking Spaces
Interior Spaces
- 6,210 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Location
- Urban Location
Community Details
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $980
- Gardener Expense $1,200
- Insurance Expense $3,800
- Water Sewer Expense $4,100
- New Taxes Expense $12,450
- Gross Income $68,700
- Net Operating Income $46,170
Listing and Financial Details
- Tax Lot 001
- Tax Tract Number 5732
- Assessor Parcel Number 7208022001
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 18, 2018
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,000
Interest Rate
0.045%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 14, 2017
Sold by
Bought by
Purchase Details
Listed on
Aug 27, 2016
Closed on
Oct 19, 2016
Sold by
Bought by
Seller's Agent
Chris Comfort
Apex Properties
Buyer's Agent
Chris Comfort
Apex Properties
List Price
$995,000
Sold Price
$995,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$360,000
Interest Rate
0.0348%
Mortgage Type
Seller Take Back
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,260,000 | First American Title Company | ||
| -- | Ticor Title San Diego | ||
| $895,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $913,500 | ||
| Closed | $811,000 | ||
| Previous Owner | $530,000 | ||
| Previous Owner | $360,000 | ||
| Previous Owner | $150,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $175,000 | ||
| Previous Owner | $180,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2016 11/11/16 | Sold | $995,000 | 0.0% | $160 / Sq Ft |
| 09/30/2016 09/30/16 | Pending | -- | -- | -- |
| 08/27/2016 08/27/16 | For Sale | $995,000 | -- | $160 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,797 | $1,433,660 | $489,264 | $944,396 |
| 2024 | $18,897 | $1,405,550 | $479,671 | $925,879 |
| 2023 | $18,579 | $1,377,991 | $470,266 | $907,725 |
| 2022 | $17,456 | $1,350,973 | $461,046 | $889,927 |
| 2021 | $17,078 | $1,324,484 | $452,006 | $872,478 |
| 2019 | $17,313 | $1,285,200 | $438,600 | $846,600 |
| 2018 | $12,617 | $912,900 | $295,800 | $617,100 |
| 2017 | $12,482 | $895,000 | $290,000 | $605,000 |
| 2016 | $4,482 | $262,499 | $122,499 | $140,000 |
| 2015 | $4,336 | $258,557 | $120,659 | $137,898 |
| 2014 | $4,319 | $253,493 | $118,296 | $135,197 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Comfort
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW16705589
APN: 7208-022-001
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.
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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