NOT LISTED FOR SALE

3226 E 15th St Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $1,166,000 - $1,509,000

8 Beds
4 Baths
3,154 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $785,000 $249 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,997/month

26 Days on Market

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Property is near a park
  • Woodrow Wilson High School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of July 2016

Introducing a wonderful 4-Plex apartment building in the Circle area of Long Beach consisting of (4) 2 bed 1 bath remodeled units. Excellent rental area with an opportunity to grow income and property value. Situated in the trending Zaferia neighborhood, walking to distance to Urban Americana and a plethora of food and retail amenities. Ideal central location provides for immediate access to the freeways, CSULB, Long Beach Airport, several parks and downtown Long Beach.

Last Agent to Sell the Property

Mike Nichols

Engel & Völkers -Long Beach License #01324585 Listed on: 05/12/2016

Last Buyer's Agent

Alex Gonzalez

Pacific Residential Realty, Inc. License #01384006

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 2,831 Sq Ft Lot
  • 1 Common Wall
  • Fence is in good condition

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Property Attached

Interior Spaces

  • 3,154 Sq Ft Home
  • 2-Story Property
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Parking Available
  • Off-Street Parking

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 007
  • Tax Tract Number 9
  • Assessor Parcel Number 7259007009

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,690
  • Pest Control $528
  • Water Sewer Expense $960
  • New Taxes Expense $9,812
  • Gross Income $4,655
  • Net Operating Income $42,270

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: washers, dryers and refrigerators
  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7259007009
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 248.89
  • Room Type: All Bedrooms Down, All Bedrooms Up

Exterior Features

  • View: City Lights, Neighborhood
  • Fencing: Good Condition
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Washer Included
  • Pest Control Expense: 528.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Park Nearby, Near Public Transit
  • Lot Size Sq Ft: 2831.00
  • Price Per Lot Square Foot: 277.29

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 4655.00
  • Gross Scheduled Income: 55860.00
  • Insurance Expense: 1690.00
  • Net Operating Income: 42270.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 13590.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9812.00
  • Tax Lot: 007
  • Tax Tract Number: 009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2016
Sold by
Rounds Satian
Bought by
Jess Kiyabu Llc
Current Estimated Value
$1,337,393

Purchase Details

Listed on
May 12, 2016
Closed on
Aug 9, 2016
Sold by
Kivabu Stephen H
Bought by
Rounds Satian
Seller's Agent
Mike Nichols
Engel & Völkers -Long Beach
Buyer's Agent
Alex Gonzalez
Pacific Residential Realty, Inc.
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%

Purchase Details

Listed on
May 12, 2016
Closed on
Jun 8, 2016
Sold by
Boggs David
Bought by
Kiyabu Stephen H and Rounds Satian
Seller's Agent
Mike Nichols
Engel & Völkers -Long Beach
Buyer's Agent
Alex Gonzalez
Pacific Residential Realty, Inc.
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2014
Sold by
Boggs David Benjamin
Bought by
The Boggs Family Trust

Purchase Details

Closed on
Nov 1, 2005
Sold by
Warden Steven
Bought by
Boggs David Benjamin and Boggs Alison Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 17, 2004
Sold by
Burger Joann
Bought by
Warden Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Stockstill Kalei
Bought by
Burger Joann and Douchette Dyan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2003
Sold by
Washington Mutual Bank Fa
Bought by
Stockstill Kalei and West Jared

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 2002
Sold by
Hegedus Joseph K
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Jul 11, 2002
Sold by
Paxton Ricardo A
Bought by
Thomas Melvin

Purchase Details

Closed on
Feb 25, 2002
Sold by
Mitchell Warren L
Bought by
Paxton Ricardo A and Paxton Diane S

Purchase Details

Closed on
May 31, 2000
Sold by
Hegedus Joseph K
Bought by
Washington Mutual Bank Fa

Purchase Details

Closed on
Apr 10, 2000
Sold by
Mitchell Warren L
Bought by
Mitchell Warren L and Paxton Ricardo

Purchase Details

Closed on
Nov 13, 1997
Sold by
Mitchell Rose Anna
Bought by
Mitchell Warren L

Purchase Details

Closed on
Sep 29, 1997
Sold by
Hegedus Joseph K
Bought by
Mitchell Warren L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Jess Kiyabu Llc -- None Available
Rounds Satian -- None Available
Kiyabu Stephen H $785,000 Fidelity National Title Co
The Boggs Family Trust -- None Available
Boggs David Benjamin $785,000 Lawyers Title
Warden Steven $665,000 North American Title Co
Burger Joann $590,000 --
Stockstill Kalei $380,000 Fidelity National Title Co
Washington Mutual Bank Fa $310,034 Fidelity National Title
Thomas Melvin -- --
Paxton Ricardo A -- --
Washington Mutual Bank Fa $250,000 Chicago Title Insurance
Mitchell Warren L -- --
Mitchell Warren L -- United Title
Mitchell Warren L -- United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kiyabu Stephen H $588,750
Previous Owner Boggs David Benjamin $628,000
Previous Owner Warden Steven $532,000
Previous Owner Burger Joann $472,000
Previous Owner Stockstill Kalei $265,000
Closed Stockstill Kalei $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $785,000 0.0% $249 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $785,000 -- $249 / 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 $11,879 $911,056 $580,292 $330,764
2024 $11,879 $893,193 $568,914 $324,279
2023 $11,676 $875,680 $557,759 $317,921
2022 $10,964 $858,511 $546,823 $311,688
2021 $10,735 $841,678 $536,101 $305,577
2019 $10,581 $816,714 $520,200 $296,514
2018 $10,305 $800,700 $510,000 $290,700
2016 $9,249 $750,000 $511,400 $238,600
2015 $8,389 $695,000 $473,900 $221,100
2014 $7,619 $625,000 $426,200 $198,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mike Nichols

    Engel & Völkers -Long Beach

  • A

    Buyer's Agent in 2016

    Alex Gonzalez

    Pacific Residential Realty, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV16101938

California Regional Multiple Listing Service (CRMLS)

APN: 7259-007-009

California Los Angeles County Long Beach 90804 Zaferia

3226 E 15th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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