NOT LISTED FOR SALE

Estimated Value: $925,000 - $1,016,000

4 Beds
2 Baths
1,930 Sq Ft
$501/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $965,000 $500 Per Sq Ft

Current estimated payment $6,075/month

31 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Bathroom
  • Cooling System Mounted To A Wall/Window
  • Longfellow Elementary School Rated A-
  • No HOA
  • Wall Furnace

About This Home

As of December 2024

Welcome to a prime investment opportunity in the sought-after California Heights neighborhood, near Bixby Knolls. This duplex property is a gem, offering not just a home but an investment with tremendous potential. Each unit features 2 bedrooms and 1 bath, offering a comfortable and inviting space. Whether you're looking to attract tenants or envisioning a cozy home for yourself, these units provide versatility and functionality. The standout of this property is the expansive 4-car garage with potential for conversion into a third unit. If you're interested in maximizing rental income or developing a unique living space, this garage is your canvas for a creative touch. Accessibility is a breeze with the 405 and 710 freeways close by. Enjoy the Long Beach lifestyle and this character rich neighborhood with its local coffee shops, restaurants, and parks. Turn this duplex into a standout investment in one of Long Beach's best areas!

Last Agent to Sell the Property

Ray Kim

Real Brokerage Technologies, Inc Brokerage Phone: 858-888-1819 License #01803155 Listed on: 08/30/2024

Real Brokerage Technologies, Inc

Co-Listed By

Yumi Kim

Real Brokerage Technologies, Inc Brokerage Phone: 858-888-1819 License #01987116

Last Buyer's Agent

Cody Charnell

Sage Real Estate Group, Inc. License #01950585

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,396 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,930 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Laminate Flooring
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms
  • Fireplace in Bathroom

Utilities

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

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 88 / 12
  • Tax Tract Number 5875
  • Assessor Parcel Number 7147018023
  • $487 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • California Heights Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $48,000
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: California Heights (CH)
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7147018023
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Fireplace Features: Bath, Dining Room, Family Room, Kitchen
  • Price Per Square Foot: 500.00
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Walkstreet
  • Lot Size Sq Ft: 6396.00
  • Lot Size Acres: 0.1468

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 1000 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Lot Size Area: 6396.0000 Square Feet
  • Net Operating Income: 48000.00
  • 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 Block: 12
  • Tax Census Tract: 5720.01
  • Tax Lot: 88
  • Tax Tract Number: 5875
  • TaxOtherAnnualAssessmentAmount: 487.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2024
Sold by
Lertkulvanich Praket and Lertkulvanich Orasa
Bought by
Wong Devin and De Vera Maria
Current Estimated Value
$966,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,750
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2018
Closed on
Apr 5, 2019
Sold by
Lertkulvanich Pornthip
Bought by
Lertkulvanich Piya Y
Seller's Agent
Nolfie Mogi
NOLFIE MOGI REALTOR
Buyer's Agent
Andre Ly
Coldwell Banker Envision
List Price
$799,900
Sold Price
$660,000
Premium/Discount to List
-$139,900
-17.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$495,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 24, 2018
Closed on
Feb 22, 2019
Sold by
Sj Cayanan Inc
Bought by
Lertkulvanich Praket and Lertkulvanich Orasa
Seller's Agent
Nolfie Mogi
NOLFIE MOGI REALTOR
Buyer's Agent
Andre Ly
Coldwell Banker Envision
List Price
$799,900
Sold Price
$660,000
Premium/Discount to List
-$139,900
-17.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2018
Closed on
Sep 25, 2018
Sold by
Cayanan Sharmaine Dindi
Bought by
S3 Cayanan Inc
Seller's Agent
Nolfie Mogi
NOLFIE MOGI REALTOR
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.93%
Original Mortgage
$382,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2018
Closed on
Aug 15, 2018
Sold by
Vega Leo and Vega Leo
Bought by
Cayanan Sharmaine Dindi
Seller's Agent
Nolfie Mogi
NOLFIE MOGI REALTOR
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2006
Sold by
Vega Leo
Bought by
Vega Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2000
Sold by
Vega Farida
Bought by
Vega Leo

Purchase Details

Closed on
Jul 24, 2000
Sold by
Castro George and Castro George A
Bought by
Vega Leo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,326
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1994
Sold by
First Federal Bank Of California
Bought by
Castro George A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,700
Interest Rate
6.87%

Purchase Details

Closed on
Aug 24, 1993
Sold by
Seaside Financial Corp
Bought by
First Federal Bank Of California and First Fsb Of California
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
Wong Devin $965,000 Monarch Title
Lertkulvanich Piya Y -- Provident Title Company
Lertkulvanich Praket $660,000 Provident Title Company
S3 Cayanan Inc -- Accommodation
Cayanan Sharmaine Dindi $450,000 Provident Title Company
Vega Leo -- Lawyers Title
Vega Leo -- American Title Co
Vega Leo $252,000 First American Title Co
Castro George A $165,000 --
First Federal Bank Of California $173,607 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wong Devin $916,750
Previous Owner Lertkulvanich Praket $495,000
Previous Owner Cayanan Sharmaine Dindi $382,500
Previous Owner Vega Leo $535,000
Previous Owner Vega Leo $250,326
Previous Owner Castro George A $156,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2024 12/18/24 Sold $965,000 0.0% $500 / Sq Ft
12/18/2024 12/18/24 Sold $965,000 +1.6% $500 / Sq Ft View Prior Sale
09/30/2024 09/30/24 Pending -- -- --
09/30/2024 09/30/24 Pending -- -- --
09/18/2024 09/18/24 Price Changed $950,000 0.0% $492 / Sq Ft
09/18/2024 09/18/24 Price Changed $950,000 -11.2% $492 / Sq Ft
08/30/2024 08/30/24 For Sale $1,070,000 0.0% $554 / Sq Ft
06/10/2024 06/10/24 For Sale $1,070,000 +62.1% $554 / Sq Ft
04/10/2019 04/10/19 Sold $660,000 -17.5% $342 / Sq Ft View Prior Sale
02/20/2019 02/20/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $799,900 +21.2% $414 / Sq Ft
01/28/2019 01/28/19 Off Market $660,000 -- --
01/01/2019 01/01/19 Price Changed $799,900 -5.9% $414 / Sq Ft
12/17/2018 12/17/18 Price Changed $849,900 -5.6% $440 / Sq Ft
11/25/2018 11/25/18 For Sale $899,900 +36.3% $466 / Sq Ft
11/24/2018 11/24/18 Off Market $660,000 -- --
08/21/2018 08/21/18 Sold $450,000 0.0% $233 / Sq Ft View Prior Sale
06/21/2018 06/21/18 Pending -- -- --
06/19/2018 06/19/18 Off Market $450,000 -- --
06/18/2018 06/18/18 For Sale $430,000 -- $223 / 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 $12,162 $965,000 $600,000 $365,000
2024 $12,162 $940,531 $546,820 $393,711
2023 $11,960 $922,091 $536,099 $385,992
2022 $11,224 $904,012 $525,588 $378,424
2021 $11,005 $886,287 $515,283 $371,004
2019 $9,759 $770,000 $470,000 $300,000
2018 $4,391 $333,712 $199,964 $133,748
2016 $4,035 $320,755 $192,200 $128,555
2015 $3,877 $315,937 $189,313 $126,624
2014 $3,859 $309,749 $185,605 $124,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24092053

California Regional Multiple Listing Service (CRMLS)

APN: 7147-018-023