NOT LISTED FOR SALE

324 W 12th St Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $1,001,000 - $1,190,000

4 Beds
4 Baths
2,280 Sq Ft
$486/Sq Ft Est. Value

Sale Details

Date Sold: July 24, 2017

Last sale price $715,000 $314 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,965 / mo

31 Days on Market

About This Home

As of July 2017

Long Beach 4 Unit Property, Owner Occupied and Well Kept up. All units are 1 Bedroom 1 Bathroom. 2 Units upstairs, 2 Units downstairs. Theres a separate Building with 4 Individual Spaced Garages. The Owners Units has been completely Remodeled. A Great Location in the middle of Long Beach, Blocks from Downtown. Bus Lines and Shopping are close By. Long Beach Poly High School, George Washington Middle school. No Rent Control in this Area.

Last Agent to Sell the Property

Kristy Piazza

KRISTY LITTLE, BROKER License #01117757 Listed on: 05/03/2017

Last Buyer's Agent

David Rosenfeld

Advantage Real Estate License #01109090

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 4,496 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,280 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 111
  • Tax Tract Number 11111
  • Assessor Parcel Number 7272006019

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $900
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $7,200
  • Operating Expense $600
  • Gross Income $43,800
  • Net Operating Income $41,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

4,496 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Westside/South of Willow (WSW)
  • Water Sewer Expenses: 100.00
  • Zoning: LBPD10
  • Property Type: Residential Income
  • Parcel Number: 7272006019
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 313.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4496.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 912 Square Feet
  • Electric Expense: 300.00
  • Gross Income: 43800.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 900.00
  • Net Operating Income: 41800.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 2000.00
  • Rent Control: No
  • Total Expenses: 600.00

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Census Tract: 5758.02
  • Tax Lot: 111
  • Tax Tract Number: 11111

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
Sep 26, 2017
Sold by
Bought by
Current Estimated Value
$1,107,255

Purchase Details

Listed on
May 3, 2017
Closed on
Jul 11, 2017
Sold by
Bought by
Seller's Agent
Kristy Piazza
KRISTY LITTLE, BROKER
Buyer's Agent
David Rosenfeld
Advantage Real Estate
List Price
$720,000
Sold Price
$715,000
Premium/Discount to List
-$5,000
-0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$536,250
Interest Rate
0.0389%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2013
Closed on
Oct 2, 2013
Sold by
Bought by
Seller's Agent
Richard Ingram
El Dorado Realty SoCal
Buyer's Agent
Joshua Glaz
The Ave
List Price
$564,950
Sold Price
$555,000
Premium/Discount to List
-$9,950
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$544,947
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 5, 2013
Sold by
Bought by
Seller's Agent
Richard Ingram
El Dorado Realty SoCal
Buyer's Agent
Joshua Glaz
The Ave
List Price
$564,950
Sold Price
$555,000
Premium/Discount to List
-$9,950
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,947
Interest Rate
0.0425%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2010
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
$237,750
Interest Rate
0.0502%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2007
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
$510,000
Interest Rate
0.0687%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
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
$500,000
Interest Rate
0.0687%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2005
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
$460,000
Interest Rate
0.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2004
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
$460,000
Interest Rate
0.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2003
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
$199,250
Interest Rate
0.0561%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 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
$240,000
Interest Rate
0.0711%
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
-- Ticor Title Co
$715,000 Ticor Title Co
-- None Available
$555,000 Act
-- Chicago Title Company
-- Chicago Title Co
$675,000 North American Title Co
-- Commonwealth Land Title Co
$575,000 Commonwealth Land Title Co
$266,363 Commonwealth Land Title Co
$300,000 Investors Title Company
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 $482,500
Previous Owner $536,250
Previous Owner $544,947
Previous Owner $237,750
Previous Owner $510,000
Previous Owner $500,000
Previous Owner $460,000
Previous Owner $199,250
Previous Owner $240,000
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 Prior Sale
07/24/2017 07/24/17 Sold $715,000 -0.7% $314 / Sq Ft
06/03/2017 06/03/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $720,000 +29.7% $316 / Sq Ft
10/21/2013 10/21/13 Sold $555,000 -1.8% $243 / Sq Ft View Prior Sale
10/21/2013 10/21/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $564,950 -- $248 / 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 $11,169 $813,544 $568,913 $244,631
2024 $10,683 $797,593 $557,758 $239,835
2023 $10,499 $781,955 $546,822 $235,133
2022 $9,861 $766,623 $536,100 $230,523
2021 $9,658 $751,592 $525,589 $226,003
2019 $9,521 $729,300 $510,000 $219,300
2018 $9,235 $715,000 $500,000 $215,000
2016 $7,200 $574,720 $403,858 $170,862
2015 $6,916 $566,088 $397,792 $168,296
2014 $6,882 $555,000 $390,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Kristy Piazza

    Seller's Agent in 2017

    Kristy Piazza

    KRISTY LITTLE, BROKER

    (626) 644-6395

    15 Total Sales

    Kristy Piazza
    Section Image

  • D

    Buyer's Agent in 2017

    David Rosenfeld

    Advantage Real Estate

    (310) 261-8692

    David Rosenfeld
    Section Image

  • R

    Seller's Agent in 2013

    Richard Ingram

    El Dorado Realty SoCal

  • Joshua Glaz

    Buyer's Agent in 2013

    Joshua Glaz

    The Ave

    (562) 413-9399

    254 Total Sales

    Joshua Glaz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17097414

California Regional Multiple Listing Service (CRMLS)

APN: 7272-006-019

California Los Angeles County Long Beach 90813 Willmore

324 W 12th St, Long Beach, CA

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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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