NOT LISTED FOR SALE

3320 Adriatic Ave Long Beach, CA 90810

Upper Westside Neighborhood

Estimated Value: $763,000 - $949,000

5 Beds
2 Baths
1,683 Sq Ft
$505/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $575,000 $342 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,165/month

20 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Laundry Room
  • Wood Flooring
  • Living Room
  • 5-minute walk to Silverado Park

About This Home

As of June 2016

Gorgeous duplex located on the west side of Long Beach. 2 detached buildings with garages. Front unit has 3 bedrooms and 1 bathroom with refinished hardwood floors, new custom kitchen with granite counter tops, stainless steel appliances and new bath remodel with custom tile work. It also has upgraded electrical.
Rear house is a 2 bedroom 1 bath with wood laminate flooring, new custom kitchen with granite counters, stainless steel appliances and new bathroom also.
Each unit has a new roll up garage door and separate laundry for each house. Make this an investment property or live in one and rent out the other. So much upside to either. Located close to freeways, shopping and schools.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 05/13/2016

Last Buyer's Agent

HUNG NGO

eTopBroker, Inc. License #01808701

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 6,753 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Front Yard Sprinklers
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,683 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Assessor Parcel Number 7312002014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,800
  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Westside/North of Willow (WNW)
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7312002014
  • Year Built: 1936
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 341.65
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Inside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Sprinklers In Front
  • Lot Size Sq Ft: 6753.00
  • Price Per Lot Square Foot: 85.15

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3800.00
  • Gross Scheduled Income: 45600.00
  • Net Operating Income: 45600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jun 14, 2016
Sold by
Niseko Property Fund 2015 Llc
Bought by
Lugo Juan Carlos
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
HUNG NGO
eTopBroker, Inc.
List Price
$500,000
Sold Price
$575,000
Premium/Discount to List
$75,000
15%
Current Estimated Value
$849,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,572
Avg. Annual Appreciation
4.18%
Original Mortgage
$495,953
Outstanding Balance
$394,723
Interest Rate
3.57%
Mortgage Type
FHA
Estimated Equity
$454,849

Purchase Details

Closed on
Nov 20, 2015
Sold by
Breckenridge Property Fund 2015 Llc
Bought by
Nisekko Real Estate 2015 Llc

Purchase Details

Closed on
Nov 4, 2015
Sold by
Cisneros Dionicio and Cisneros Magdalena
Bought by
Breckenridge Property Fund 2015 Llc

Purchase Details

Closed on
Mar 15, 2012
Sold by
Cisneros Dionicio and Cisneros Magdalena
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Jun 23, 2009
Sold by
Cisneros Dionicio and Cisneros Magdalena
Bought by
Cisneros Dionicio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,375
Interest Rate
5.25%

Purchase Details

Closed on
May 27, 2003
Sold by
Cisneros Dionisio and Cisneros Magdalena
Bought by
Cisneros Dionisio and Cisneros Magdalena

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
7.5%
Mortgage Type
Purchase Money Mortgage
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
Lugo Juan Carlos $575,000 Arista National Title Co
Lugo Juan Carlos -- Arista National Title
Nisekko Real Estate 2015 Llc -- Accommodation
Breckenridge Property Fund 2015 Llc $331,000 Accommodation
Gmac Mortgage Llc $278,889 Accommodation
Cisneros Dionicio -- Lsi Local Solutions
Cisneros Dionisio -- Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lugo Juan Carlos $495,953
Previous Owner Cisneros Dionicio $254,375
Previous Owner Cisneros Dionisio $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2016 06/28/16 Sold $575,000 +15.0% $342 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $500,000 -- $297 / 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 $8,729 $680,678 $473,516 $207,162
2024 $8,729 $667,332 $464,232 $203,100
2023 $8,583 $654,248 $455,130 $199,118
2022 $8,057 $641,420 $446,206 $195,214
2021 $7,896 $628,844 $437,457 $191,387
2020 $7,876 $622,397 $432,972 $189,425
2019 $7,784 $610,194 $424,483 $185,711
2018 $7,572 $598,230 $416,160 $182,070
2016 $5,579 $455,000 $300,000 $155,000
2015 $3,706 $301,494 $147,025 $154,469
2014 $3,689 $295,589 $144,145 $151,444
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Polly Watts

    Sundae Homes

    Section Image

  • H

    Buyer's Agent in 2016

    HUNG NGO

    eTopBroker, Inc.

    (909) 542-3105

    25 Total Sales

    HUNG NGO
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16061306

California Regional Multiple Listing Service (CRMLS)

APN: 7312-002-014

California Los Angeles County Long Beach 90810 Upper Westside

3320 Adriatic Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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