NOT LISTED FOR SALE

3384 Santa fe Ave Long Beach, CA 90810

Upper Westside Neighborhood

Estimated Value: $1,100,000 - $1,498,171

12 Beds
6 Baths
3,520 Sq Ft
$376/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $975,000 $277 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,478/month

8 Days on Market

About This Home

As of October 2018

Great investment property, conveniently located near the 405 and 710 freeway. Units recently remodeled, granite counters, new windows, easy alley access for parking spaces, within a short walk to Silverado Park. Near Webster and John Muir Elementary as well as Stephens Middle School.

Build up your retirement plans with this easy to rent and maintain investment!

Last Agent to Sell the Property

Bruce Childress

The Childress Group, Inc License #02005377 Listed on: 09/13/2018

Co-Listed By

Michelle Towell

The Childress Group, Inc License #01869208

Last Buyer's Agent

Cody Charnell

Sage Real Estate Group, Inc. License #01950585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 3,924 Sq Ft Lot
  • Two or More Common Walls
  • No Landscaping
  • Rectangular Lot
  • Level Lot

Home Design

  • 3,520 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5723
  • Assessor Parcel Number 7312001044

Community Details

Overview

  • 4 Units
  • Westside/North Of Willow Subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 5 Separate Gas Meters
  • 6 Separate Water Meters
  • Electric Expense $2,400
  • Fuel Expense $800
  • Insurance Expense $4,152
  • Professional Management Expense $9,000
  • Trash Expense $840
  • Water Sewer Expense $1,550
  • New Taxes Expense $16,800
  • Operating Expense $35,542
  • Gross Income $54,458
  • Net Operating Income $54,458

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Professional Management Expense: 9000.00
  • Property Attached: Yes
  • Subdivision Name Other: Westside/North of Willow (WNW)
  • Water Sewer Expenses: 1550.00
  • Property Type: Residential Income
  • Parcel Number: 7312001044
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 276.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Rectangular Lot, Near Public Transit, No Landscaping
  • Lot Size Sq Ft: 3924.00
  • Lot Size Acres: 0.0901
  • Latitude Manual: 33.81865600

Multi Family

  • Electric Expense: 2400.00
  • Fuel Expense: 800.00
  • Gross Income: 54458.00
  • Gross Scheduled Income: 90000.00
  • Insurance Expense: 4152.00
  • Lot Size Area: 3924.0000 Square Feet
  • Net Operating Income: 54458.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 35542.00
  • Rent Control: No
  • Total Actual Rent: 5200.00
  • Total Expenses: 35542.00

Tax Info

  • New Taxes Expense: 16800.00
  • Tax Lot: 2
  • Tax Tract Number: 5723.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Dagobah Management Llc
Bought by
Wood Mark Christopher
Current Estimated Value
$1,388,568

Purchase Details

Closed on
Feb 23, 2020
Sold by
Wood Mark Christopher
Bought by
Dagobah Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,636
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 20, 2020
Sold by
Dagobah Management Llc
Bought by
Wood Mark Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,636
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2020
Sold by
Dagobah Management Llc
Bought by
Wood Mark Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,636
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2019
Sold by
Wood Mark Christopher
Bought by
Dagobah Management Llc and The Hobbit Hole Title Holding Trust

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 4, 2018
Sold by
Davis Jewell Melinda and Davis Robert Andrew
Bought by
Wood Mark Christopher
Seller's Agent
Bruce Childress
The Childress Group, Inc
Buyer's Agent
Cody Charnell
Sage Real Estate Group, Inc.
List Price
$1,200,000
Sold Price
$975,000
Premium/Discount to List
-$225,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$892,856
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2018
Sold by
Davis Robert Andrew
Bought by
Davis Jewell Melinda and Robert And Jewell Davis Revocable Trust

Purchase Details

Closed on
Apr 27, 2017
Sold by
Davis Jewell M
Bought by
Davis Jewell M and Davis Robert Andrew

Purchase Details

Closed on
Jan 27, 2015
Sold by
Hardln Donald Wayne
Bought by
Hardin Donald W and The Hardin Living Trust
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

Date Buyer Sale Price Title Company
Wood Mark Christopher -- None Available
Dagobah Management Llc -- First American Title Ins Co
Wood Mark Christopher -- First American Title Ins Co
Wood Mark Christopher -- Stewart Title Of California
Dagobah Management Llc -- None Available
Wood Mark Christopher $975,000 Ticor Title Company Of Calif
Davis Jewell Melinda -- None Available
Davis Jewell M -- None Available
Hardin Donald W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wood Mark Christopher $880,636
Previous Owner Wood Mark Christopher $892,856
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $975,000 0.0% $277 / Sq Ft
09/20/2018 09/20/18 Price Changed $975,000 -18.8% $277 / Sq Ft
09/13/2018 09/13/18 For Sale $1,200,000 -- $341 / 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 $14,688 $1,136,551 $649,458 $487,093
2024 $14,688 $1,114,267 $636,724 $477,543
2023 $14,440 $1,092,420 $624,240 $468,180
2022 $13,557 $1,071,000 $612,000 $459,000
2021 $12,741 $1,004,802 $566,811 $437,991
2020 $12,707 $994,500 $561,000 $433,500
2019 $12,559 $975,000 $550,000 $425,000
2018 $4,104 $284,464 $108,937 $175,527
2016 $3,376 $239,857 $87,648 $152,209
2015 $3,254 $236,255 $86,332 $149,923
2014 $3,253 $231,628 $84,641 $146,987
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Childress

    The Childress Group, Inc

    Section Image
  • Michelle Towell

    Seller Co-Listing Agent in 2018

    Michelle Towell

    The Childress Group, Inc

    (661) 912-2395

    52 Total Sales

    Michelle Towell
    Section Image
  • Cody Charnell

    Buyer's Agent in 2018

    Cody Charnell

    Sage Real Estate Group, Inc.

    (562) 896-3851

    2 in this area

    47 Total Sales

    Cody Charnell
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18225797

California Regional Multiple Listing Service (CRMLS)

APN: 7312-001-044

California Los Angeles County Long Beach 90810 Upper Westside

3384 Santa fe Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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