NOT LISTED FOR SALE

344 E 19th St Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $1,071,754 - $1,254,000

6 Beds
5 Baths
3,088 Sq Ft
$377/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $610,000 $198 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,906/month

24 Days on Market

Highlights

  • 3 Car Garage
  • Long Beach Polytechnic High School Rated A
  • 5-minute walk to Pacific Coast Highway Station

About This Home

As of February 2016

-Located in the Dense Long Beach Rental Market -Walking Distance to Retail Shops, Restaurants and Grocery Stores -Close Proximity to Long Beach Convention Center, Aquarium of the Pacific and Downtown Long Beach -Recently Updated Unit - Contains Newer Windows & Carpet -Individually Metered for Gas & Electricity -Tenants Pay Trash Expense -Stable In-Place Rents with Legitimate Rental Upside

Last Agent to Sell the Property

Jonathan Nikfarjam

Shield CRE, Inc. License #01856803 Listed on: 10/27/2015

Last Buyer's Agent

Dara Chay

Sky View Real Estate License #01217793

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 5,832 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,088 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 7209-008-014

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Rent Control
  • Vacancy Allowance $2,324

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 3088
  • Price Per Unit: 125000.00
  • Stories: 2
  • Year Built: 1908
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 202.40

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Wood
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Number Electric Meters: 5
  • Number Gas Meters: 5
  • Water Expense: 1200.00

Fee Information

  • Insurance Expense: 1173.00
  • Maintenance Expense: 2000.00
  • Other Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 214804
  • Assessed Land Value: 268505
  • Assessor Parcel Number: 7209-008-014
  • Geocode Override: No
  • Lot Size Area: 5832

Rental Info

  • Total Actual Rent: 46848.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.34
  • Number Of Units: 5
  • Rent Control: 100
  • Type Of Units: 2 Bdr, 1 Bdr
  • Vacancy Allow: 2324
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 7813.00
  • Tax Percent: 1.25
  • Tax Total: 7813.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2015
Closed on
Mar 11, 2016
Sold by
Kom Kosal and Thong Sukunthea
Bought by
Kosal Kom & Sukunthea Thong Revocable Li
Seller's Agent
Jonathan Nikfarjam
Shield CRE, Inc.
Buyer's Agent
Dara Chay
Sky View Real Estate
List Price
$625,000
Sold Price
$610,000
Premium/Discount to List
-$15,000
-2.4%
Current Estimated Value
$1,162,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,877
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Dec 11, 2015
Sold by
Williamson Emma La Rue
Bought by
Kom Kosal and Thong Sukunthea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 29, 2012
Sold by
Swan Jerry and The Romalee Dalbey Trust
Bought by
Williamson Emma Larue

Purchase Details

Closed on
Jun 26, 1997
Sold by
Dalbey Romalee
Bought by
Dalbey Romalee and The Romalee Dalbey 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
Kosal Kom & Sukunthea Thong Revocable Li -- None Available
Kom Kosal $610,000 Chicago Title Company
Williamson Emma Larue -- None Available
Dalbey Romalee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kom Kosal $460,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $610,000 -2.4% $198 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $625,000 -- $202 / Sq Ft
Source: The MLS

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 $9,760 $722,111 $295,947 $426,164
2024 $9,760 $707,953 $290,145 $417,808
2023 $9,589 $694,072 $284,456 $409,616
2022 $9,014 $680,464 $278,879 $401,585
2021 $8,818 $667,122 $273,411 $393,711
2019 $8,692 $647,676 $265,302 $382,374
2018 $8,435 $634,984 $260,100 $374,884
2016 $6,382 $490,678 $272,599 $218,079
2015 $6,137 $483,309 $268,505 $214,804
2014 $6,117 $473,843 $263,246 $210,597
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Nikfarjam

    Seller's Agent in 2016

    Jonathan Nikfarjam

    Shield CRE, Inc.

    (310) 880-6807

    79 Total Sales

    Jonathan Nikfarjam
    Section Image
  • Dara Chay

    Buyer's Agent in 2016

    Dara Chay

    Sky View Real Estate

    (562) 761-2777

    24 Total Sales

    Dara Chay
    Section Image
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Map

Source: The MLS

MLS Number: 15-954063

The MLS

APN: 7209-008-014

California Los Angeles County Long Beach 90806 Sunrise

344 E 19th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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