NOT LISTED FOR SALE

Estimated Value: $951,000 - $1,094,803

4 Beds
2 Baths
1,510 Sq Ft
$692/Sq Ft Est. Value

Sale Details

Date Sold: March 3, 2021

Last sale price $885,000 $586 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,559 / mo

9 Days on Market

Highlights

  • Craftsman Architecture
  • Lawn
  • Neighborhood Views
  • Woodrow Wilson High School Rated A
  • No HOA
  • Workshop

About This Home

As of March 2021

This is the classic 'Two on a Lot' and consists of 2 beautifully maintained Craftsman cottages. Both have 2 bedrooms and 1 bathroom and their own individual 1 car garages with laundry facilities in each. They also have newly installed A/C splitters to make the summers even more enjoyable. There is parking available on the property for at least another 4 cars... with a lot of room to move around. This is a very stable property in one of the strongest rental markets in Long Beach. Currently it generates gross rental income of $4,375 per month The beach is a short 6 minute bike ride away and if you need to jump on the freeway it's only 5 minutes in the other direction. This would be a great property for the first time investor, OR simply as a sound real estate purchase. Please reach out today so we can discuss the details . . . this could be the one you've been waiting for!

Last Agent to Sell the Property

Robin Reed

Queen City Realty License #01334860 Listed on: 12/29/2020

Last Buyer's Agent

Michelle Harding

Keller Williams Coastal Prop. License #01996454

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,741 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Bungalow

Interior Spaces

  • 1,510 Sq Ft Home
  • Electric Fireplace
  • Living Room with Fireplace
  • Workshop
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Woodrow Wilson High School

Additional Features

  • ENERGY STAR Qualified Equipment
  • Suburban Location
  • Zoned Cooling

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 45
  • Assessor Parcel Number 7259004034

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

6,741 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not exactly sure
  • View: Yes
  • Zoning: LBR3T
  • Architectural Style: Bungalow, Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7259004034
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1510.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 586.09
  • Room Type: Jack & Jill, Living Room, Workshop

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Gas & Electric Dryer Hookup, Gas Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Storm Drains, Street Lights, Suburban

Schools

  • High School: Woodrow Wilson
  • High School2: WOOWIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 6741.00
  • Lot Size Acres: 0.1548

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6741.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 5751.03
  • Tax Lot: 16
  • Tax Tract Number: 045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2010
Sold by
Olsen Yuki
Bought by
Olsen Mark A
Current Estimated Value
$1,044,451

Purchase Details

Closed on
Apr 6, 2010
Sold by
Boren Lynn E
Bought by
Boren Larry

Purchase Details

Closed on
Feb 4, 2010
Sold by
Olsen Mark A and Silveria Jim
Bought by
Infield Jeanette K and Caulder Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,457
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2009
Sold by
Ixis Real Estate Capital Inc
Bought by
Olsen Mark A and Silveria Jim

Purchase Details

Closed on
Jun 24, 2009
Sold by
Corado Francisco
Bought by
Ixis Real Estate Capital Inc

Purchase Details

Closed on
Nov 28, 2006
Sold by
Corado Francisco
Bought by
Corado Francisco and Corado Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
8.99%

Purchase Details

Closed on
Jul 6, 2004
Sold by
Corado Silvia C
Bought by
Corado Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2002
Sold by
Corado Francisco and Cruz Byron
Bought by
Corado Francisco and Corado Silvia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.95%

Purchase Details

Closed on
May 22, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Corado Francisco and Cruz Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,710
Interest Rate
8.07%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1995
Sold by
Burns Tom S and Burns Stanley F
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 17, 1995
Sold by
Burns Tom S and Burns Stanley F
Bought by
New England Financial Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Olsen Mark A -- None Available
Boren Larry -- Lsi Title Agency
Infield Jeanette K $415,000 Lsi Title Agency
Olsen Mark A $247,000 Lsi Title Company Ca
Ixis Real Estate Capital Inc $455,000 None Available
Corado Francisco -- Old Republic Title
Corado Francisco -- First American Title Co Los
Corado Francisco -- --
Corado Francisco $129,000 First American Title Co
Federal Home Loan Mortgage Corporation $130,000 --
New England Financial Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Infield Jeanette K $407,457
Previous Owner Corado Francisco $517,500
Previous Owner Corado Francisco $295,000
Previous Owner Corado Francisco $175,000
Previous Owner Corado Francisco $127,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2021 03/03/21 Sold $885,000 0.0% $586 / Sq Ft
01/07/2021 01/07/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $885,000 -- $586 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,706 $957,952 $541,216 $416,736
2024 $12,162 $939,169 $530,604 $408,565
2023 $11,961 $920,754 $520,200 $400,554
2022 $11,225 $902,700 $510,000 $392,700
2021 $6,280 $494,885 $256,387 $238,498
2020 $6,263 $489,812 $253,759 $236,053
2019 $6,189 $480,209 $248,784 $231,425
2018 $5,939 $470,794 $243,906 $226,888
2016 $5,462 $452,515 $234,436 $218,079
2015 $5,242 $445,719 $230,915 $214,804
2014 $5,210 $436,989 $226,392 $210,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20263693

California Regional Multiple Listing Service (CRMLS)

APN: 7259-004-034

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