NOT LISTED FOR SALE

Estimated Value: $1,181,000 - $1,623,733

9 Beds
4 Baths
3,301 Sq Ft
$416/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $1,095,000 $332 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $8,770/month

84 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2019

Property Id: 1007295

Beautiful 3-bedroom downstairs apartment, with spacious living room and 1 full bath. located in North Long Beach, Border with Lakewood.
near shopping centers and schools. Must see.
Building with only 4 units. includes 1 car garage, stove top. garbage disposal and, laminated Floors.
water and sewage cost included. near 91,605 & 710 Freeway.

Last Agent to Sell the Property

Ben Ong

Manna Realty License #01291718 Listed on: 07/24/2019

Last Buyer's Agent

Elena Moric

The Realestate Group License #01494643

The Realestate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,528

Year Built

  • Built in 1956

Lot Details

  • 6,014 Sq Ft Lot
  • Two or More Common Walls
  • Cul-De-Sac

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • 3,301 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 5
  • Tax Tract Number 19122
  • Assessor Parcel Number 7120017028

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $25
  • Gardener Expense $840
  • Insurance Expense $1,300
  • Trash Expense $50
  • Water Sewer Expense $55
  • Operating Expense $3,700
  • Gross Income $82,650
  • Net Operating Income $78,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,528

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 55.00
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7120017028
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 331.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 6014.00
  • Lot Size Acres: 0.1381

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Average3 Bed Area: 950 Square Feet
  • Electric Expense: 25.00
  • Gross Income: 82650.00
  • Gross Scheduled Income: 82650.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6014.0000 Square Feet
  • Net Operating Income: 78950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 3700.00
  • Rent Control: No
  • Total Expenses: 3700.00

Tax Info

  • Tax Census Tract: 5702.03
  • Tax Lot: 5
  • Tax Tract Number: 19122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Cygnum Group Inc
Bought by
Povolo Luis and Cruz Monica Dela
Current Estimated Value
$1,372,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$457,983
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$895,127

Purchase Details

Listed on
Jul 24, 2019
Closed on
Dec 1, 2019
Sold by
Young Henry
Bought by
Cygnum Group Inc
Seller's Agent
Ben Ong
Manna Realty
Buyer's Agent
Elena Moric
The Realestate Group
List Price
$1,150,000
Sold Price
$1,095,000
Premium/Discount to List
-$55,000
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%

Purchase Details

Listed on
May 23, 2018
Closed on
Aug 10, 2018
Sold by
Cho Young Heeyoung Liz
Bought by
Young Henry
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Shawna Alcala
Manna Realty
List Price
$832,000
Sold Price
$828,900
Premium/Discount to List
-$3,100
-0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.73%

Purchase Details

Closed on
Jun 15, 2018
Sold by
Wilmington Trust Na
Bought by
Young Henry

Purchase Details

Closed on
Jan 19, 2017
Sold by
Nunez Edgar
Bought by
Wilmington Trust Na

Purchase Details

Closed on
Aug 7, 2009
Sold by
Romo Maria and Perez Concepcion
Bought by
3420 E 67Th Street Long Beach California

Purchase Details

Closed on
Jun 14, 2009
Sold by
Olivares Barbara and Brigante Antonio
Bought by
Romo Maria

Purchase Details

Closed on
May 26, 2008
Sold by
Nunez Edgar and Lima Maria
Bought by
Olivares Barbara

Purchase Details

Closed on
May 16, 2008
Sold by
Nunez Edgar and Lima Maria
Bought by
Nunez Edgar

Purchase Details

Closed on
Apr 8, 2008
Sold by
Nunez Edgar and Lima Maria
Bought by
Nunez Edgar

Purchase Details

Closed on
Mar 25, 2008
Sold by
Nunez Edgar
Bought by
Nunez Edgar

Purchase Details

Closed on
Feb 8, 2007
Sold by
Mendoza Margarita
Bought by
Nunez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
9.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Mendoza Margarita
Bought by
Nunez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Interest Rate
8.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Nunez Edgar and Mendoza Margarita
Bought by
Nunez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
6.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2003
Sold by
Alves Andre L and Alves Denise E
Bought by
Nunez Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2002
Sold by
Alves Abe V and Alves Odete L
Bought by
Alves Andre L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
10%
Source: Public Records

Range of Values:

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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
Povolo Luis -- Old Republic Title Company
Cygnum Group Inc $1,095,000 Old Republic Title Company
Young Henry -- Servicelink
Young Henry $829,000 Servicelink Title Company
Wilmington Trust Na $675,000 Accommodation
3420 E 67Th Street Long Beach California -- None Available
Romo Maria -- None Available
Olivares Barbara -- None Available
Nunez Edgar -- None Available
Nunez Edgar -- None Available
Nunez Edgar -- None Available
Nunez Edgar -- Ticor Title Company
Nunez Edgar -- Ticor Title Company
Nunez Edgar -- Ticor Title Company
Nunez Edgar $392,000 Orange Coast Title
Alves Andre L -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Povolo Luis $650,000
Previous Owner Nunez Edgar $637,500
Previous Owner Nunez Edgar $629,000
Previous Owner Nunez Edgar $552,500
Previous Owner Nunez Edgar $386,250
Previous Owner Nunez Edgar $77,250
Previous Owner Nunez Edgar $352,800
Previous Owner Alves Andre L $251,250
Closed Nunez Edgar $39,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 For Rent $2,550 -1.9% --
11/05/2024 11/05/24 For Rent $2,600 +2.0% --
10/08/2024 10/08/24 Off Market $2,550 -- --
10/08/2024 10/08/24 Off Market $2,600 -- --
12/05/2019 12/05/19 Sold $1,095,000 -4.8% $332 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $1,150,000 +38.7% $348 / Sq Ft
08/31/2018 08/31/18 Sold $828,900 -0.4% $251 / Sq Ft
08/16/2018 08/16/18 For Sale $832,000 0.0% $252 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $832,000 +170.1% $252 / Sq Ft
02/21/2012 02/21/12 Sold $308,000 -6.2% $93 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $328,500 -- $100 / 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 $15,528 $1,203,006 $437,456 $765,550
2024 $15,528 $1,179,419 $428,879 $750,540
2023 $15,267 $1,156,294 $420,470 $735,824
2022 $14,334 $1,133,623 $412,226 $721,397
2021 $13,985 $1,106,344 $399,092 $707,252
2020 $13,948 $1,095,000 $395,000 $700,000
2019 $10,827 $829,000 $400,000 $429,000
2018 $8,064 $612,000 $306,000 $306,000
2016 $6,293 $491,361 $250,775 $240,586
2015 $6,050 $483,982 $247,009 $236,973
2014 $6,036 $474,503 $242,171 $232,332
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19176640

California Regional Multiple Listing Service (CRMLS)

APN: 7120-017-028