NOT LISTED FOR SALE

Estimated Value: $598,000 - $687,000

4 Beds
2 Baths
1,368 Sq Ft
$475/Sq Ft Est. Value

Last Sold May 13, 2025

Last sale price $662,500 $484 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,844/month

248 Days on Market

Highlights

  • Granite Countertops
  • Neighborhood Views
  • Bungalow
  • Long Beach Polytechnic High School Rated A
  • Tankless Water Heater
  • Wall Furnace

About This Home

As of May 2025

Excellent opportunity for new investors or for those looking to offset their monthly mortgage payment by living in one unit and renting out the other. Currently both units are fully rented. Located on quiet street, close to public transportation including the Long Beach Metro Blue Line that travels to Los Angeles. Duplex is located in close proximity to shopping and many eateries.

Last Agent to Sell the Property

Johnny & Becky Carmona

The Real Estate Solution Brokerage Phone: 562-221-9520 License #00770023 Listed on: 07/23/2024

Last Buyer's Agent

Christina Davilas

24 Hour Real Estate License #01062471

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 2,563 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage
  • Driveway Level

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 3 / 6
  • Assessor Parcel Number 7273011020
  • $404 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $36,120
  • Net Operating Income $29,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LBPD29
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7273011020
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 484.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage Faces Rear
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Free-Standing Range, Gas Cooktop, Tankless Water Heater, Water Heater
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 2563.00
  • Lot Size Acres: 0.0588
  • Latitude Manual: 33.77790700

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 36120.00
  • Gross Scheduled Income: 36120.00
  • Lot Size Area: 2563.0000 Square Feet
  • Net Operating Income: 29560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6560.00
  • Rent Control: No

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5763.01
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 404.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2011
Sold by
Favrow Kenneth L and Favrow Kenneth L
Bought by
Favrow Kenneth L
Current Estimated Value
$649,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Outstanding Balance
$23,399
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$626,567

Purchase Details

Closed on
Aug 2, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Desai Holding Company Llc

Purchase Details

Closed on
Feb 7, 2011
Sold by
Lee Edwin C
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Aug 9, 2006
Sold by
Lee Edwin C
Bought by
Lee Edwin C

Purchase Details

Closed on
Mar 23, 2006
Sold by
Sokhon Theary
Bought by
Lee Edwin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 16, 2004
Sold by
Lee Edwin Chhour
Bought by
Lee Edwin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1994
Sold by
Lee Leng Khuong and Lee Alexander
Bought by
Lee Alexander

Purchase Details

Closed on
Aug 27, 1993
Sold by
First Nationwide Bank
Bought by
Lee Leng Khuong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,800
Interest Rate
6.98%
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
Favrow Kenneth L -- None Available
Favrow Kenneth L $310,000 None Available
Desai Holding Company Llc $147,000 Landsafe Title
Bac Home Loans Servicing Lp $225,000 Landsafe Title
Lee Edwin C -- None Available
Lee Edwin C -- Fidelity National Title Co
Lee Edwin C -- Multiple
Lee Alexander -- --
Lee Leng Khuong $76,000 Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Favrow Kenneth L $232,500
Previous Owner Lee Edwin C $424,000
Previous Owner Lee Edwin C $220,000
Previous Owner Lee Leng Khuong $60,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2025 05/13/25 Sold $662,500 -5.3% $484 / Sq Ft
02/10/2025 02/10/25 Price Changed $699,900 -5.4% $512 / Sq Ft
08/29/2024 08/29/24 Price Changed $739,900 -1.3% $541 / Sq Ft
08/07/2024 08/07/24 Price Changed $749,999 -1.3% $548 / Sq Ft
07/23/2024 07/23/24 For Sale $759,900 0.0% $555 / Sq Ft
01/24/2018 01/24/18 Rented $1,375 0.0% --
01/04/2018 01/04/18 For Rent $1,375 +1.9% --
02/13/2012 02/13/12 Rented $1,350 0.0% --
02/13/2012 02/13/12 Under Contract -- -- --
01/06/2012 01/06/12 For Rent $1,350 -- --
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 $5,149 $389,362 $276,325 $113,037
2024 $5,149 $381,728 $270,907 $110,821
2023 $5,060 $374,245 $265,596 $108,649
2022 $4,754 $366,908 $260,389 $106,519
2021 $4,655 $359,715 $255,284 $104,431
2019 $4,589 $349,048 $247,713 $101,335
2018 $4,444 $342,205 $242,856 $99,349
2016 $4,088 $328,919 $233,427 $95,492
2015 $3,926 $323,979 $229,921 $94,058
2014 $3,905 $317,634 $225,418 $92,216
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24151019

California Regional Multiple Listing Service (CRMLS)

APN: 7273-011-020