NOT LISTED FOR SALE

321 W 17th St Long Beach, CA 90813

Washington School Neighborhood

Estimated Value: $757,000 - $880,182

5 Beds
2 Baths
2,152 Sq Ft
$379/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2022

Last sale price $745,000 $346 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,217 / mo

3 Days on Market

Highlights

  • Laundry Room
  • 2 Car Garage
  • Front Yard

About This Home

As of January 2022

Great investment opportunity to own this two-story, 2 unit building in Long Beach. The front downstairs home is a two bedroom, one bathroom unit with a bonus room and added dining room area that steps out to your large patio; it has been partially upgraded and is very spacious. The upstairs unit can also be accessed through the front of the building. It has two bedrooms and one bathroom, its own laundry area and second entrance in the back along with a large balcony. There is plenty of storage including a shed in the back behind your two car garage. Walking distance to the metro station on Long Beach Blvd., shops, restaurants and a bike ride away to Downtown Long Beach. Set your own market rents as both units will be delivered vacant! Don't miss this opportunity.

Last Agent to Sell the Property

Gia Silva

INTI Realty License #01408839 Listed on: 10/21/2021

Last Buyer's Agent

Elliot Williams

Balboa Real Estate, Inc License #02038907

Balboa Real Estate, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,135 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,152 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 20 / 3
  • Assessor Parcel Number 7269036026
  • $464 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Downtown Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $21,000
  • Gross Income $60,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

4,135 Sq Ft Lot

Parking

2

Listing Details

  • CapRate: 5.31
  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Parcel Number: 7269036026
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 346.19

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4135.00
  • Lot Size Acres: 0.0949

Multi Family

  • Gross Income: 60000.00
  • Gross Multiplier: 12.25
  • Gross Scheduled Income: 60000.00
  • Lot Size Area: 4135.0000 Square Feet
  • Net Operating Income: 39000.00
  • 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: 21000.00
  • Rent Control: No
  • Total Expenses: 21000.00

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5754.01
  • Tax Lot: 20
  • TaxOtherAnnualAssessmentAmount: 464.00

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

Listed on
Oct 21, 2021
Closed on
Nov 16, 2021
Sold by
Bought by
Seller's Agent
Gia Silva
INTI Realty
Buyer's Agent
Elliot Williams
Balboa Real Estate, Inc
List Price
$735,000
Sold Price
$745,000
Premium/Discount to List
$10,000
1.36%
Current Estimated Value
$816,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,546
Avg. Annual Appreciation
2.05%
Original Mortgage
$731,506
Interest Rate
0.0312%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,500
Interest Rate
0.033%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,500
Interest Rate
0.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,905
Interest Rate
0.0651%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,905
Interest Rate
0.0651%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$745,000 Old Republic Title
-- Servicelink
-- Western Resources Title Co
$180,000 American Title Co
-- American Title Co
-- --
$120,000 South Coast Title
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
Previous Owner $731,506
Previous Owner $359,500
Previous Owner $356,500
Previous Owner $320,000
Previous Owner $250,000
Previous Owner $204,177
Previous Owner $170,905
Previous Owner $170,905
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
01/07/2022 01/07/22 Sold $745,000 +1.4% $346 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $735,000 -- $342 / 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 $10,590 $790,599 $424,483 $366,116
2024 $10,134 $775,098 $416,160 $358,938
2023 $9,966 $759,900 $408,000 $351,900
2022 $3,476 $250,558 $111,357 $139,201
2021 $3,396 $245,646 $109,174 $136,472
2020 $3,386 $243,468 $108,055 $135,413
2019 $3,348 $238,702 $105,937 $132,765
2018 $3,190 $234,029 $103,860 $130,169
2016 $2,927 $224,617 $99,828 $124,789
2015 $2,815 $221,244 $98,329 $122,915
2014 $2,805 $216,911 $96,403 $120,508
Source: Public Records

Agents Affiliated with this Home

  • Gia Silva

    Seller's Agent in 2022

    Gia Silva

    INTI Realty

    (562) 572-4978

    1 in this area

    79 Total Sales

    Gia Silva
    Section Image

  • E

    Buyer's Agent in 2022

    Elliot Williams

    Balboa Real Estate, Inc

    (323) 505-8259

    1 in this area

    14 Total Sales

    Elliot Williams
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21232906

California Regional Multiple Listing Service (CRMLS)

APN: 7269-036-026

California Los Angeles County Long Beach 90813 Washington School

321 W 17th St, Long Beach, CA

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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