NOT LISTED FOR SALE

Estimated Value: $775,000 - $892,000

2 Beds
1 Bath
1,462 Sq Ft
$560/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $750,000 $513 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,741/month

60 Days on Market

Highlights

  • Laundry Room
  • Stacked Washer and Dryer
  • 1-Story Property

About This Home

As of January 2024

Live in one and rent the other! Beautiful Art Deco style duplex in the Willmore City historic district of Downtown Long Beach. Tons of natural light pours over the wood floors highlighting the amazing layout that includes kitchens with granite counters, recessed lighting, bathrooms with period-specific tile, open living rooms, in unit laundry, and oversized windows. The large unit is a 1 bedroom, 1 bathroom unit with bonus room and the second unit is a 1 bedroom, 1 bathroom. The larger Unit has a huge partially finished basement almost as large as the unit itself with drywall, laminate flooring, and overhead lighting (not included in square footage). Perfect for creative space, office, or home theater. Gated driveway and garage with back access to the larger one bedroom. Located right in the heart of one of the most rapidly developing urban areas in all of Southern California. Only blocks away from the massive civic center and courthouse, and everything else the dynamic community of Downtown Long Beach has to offer.

Last Agent to Sell the Property

Louisa Arutunian

Century 21 Allstars License #01834401 Listed on: 10/02/2023

Century 21 Allstars

Last Buyer's Agent

Nurimar Larco

C-21 Astro License #01190723

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 2,500 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Open Parking Space
  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,462 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 3 / 14
  • Tax Tract Number 5758
  • Assessor Parcel Number 7272014014
  • $400 per year additional tax assessments

Community Details

Overview

  • 2 Units
  • Willmore District Subdivision

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $2,400
  • Gross Income $40,020
  • Net Operating Income $37,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Willmore District (WM)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBPD10
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7272014014
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 513.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2500.00
  • Lot Size Acres: 0.0574

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 40020.00
  • Gross Scheduled Income: 40020.00
  • Lot Size Area: 2500.0000 Square Feet
  • Net Operating Income: 37620.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • Tax Block: 14
  • Tax Census Tract: 5758.02
  • Tax Lot: 3
  • Tax Tract Number: 5758
  • TaxOtherAnnualAssessmentAmount: 400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2015
Closed on
Mar 30, 2015
Sold by
Sms Property Partners
Bought by
Deltoro Robert
Seller's Agent
Travis Lebouf
Platinum Properties R.E.
Buyer's Agent
Miguel Oyoque
Excellence RE Real Estate
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$800,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,234
Avg. Annual Appreciation
5.83%
Original Mortgage
$436,939
Outstanding Balance
$337,096
Interest Rate
3.8%
Mortgage Type
FHA
Estimated Equity
$481,581

Purchase Details

Listed on
Feb 5, 2014
Closed on
Oct 23, 2014
Sold by
Laurentzius Lisa
Bought by
Sms Property Partners Llc
Seller's Agent
DELLA GONZALEZ
HomeSmart, Evergreen Realty
Buyer's Agent
Brandon Wong
HOME TEAM REALTY
List Price
$399,900
Sold Price
$290,000
Premium/Discount to List
-$109,900
-27.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
164.63%
Original Mortgage
$222,000
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 29, 2011
Sold by
Labarca Annette T
Bought by
Laurentzius Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2009
Sold by
Deboard Sally M
Bought by
Deboard Sally M and Sally M Deboard Trust

Purchase Details

Closed on
Feb 2, 2006
Sold by
Labarca Annette
Bought by
Labarca Annette T and Annette T Labarca Revocable Trust

Purchase Details

Closed on
Nov 14, 2005
Sold by
Holland Martha
Bought by
Labarca Annette and De Board Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 13, 2002
Sold by
Hud
Bought by
Holland Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.24%

Purchase Details

Closed on
Sep 7, 2001
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Sep 5, 2001
Sold by
Truesdelle Rodney C
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jan 5, 2001
Sold by
Truesdelle Rodney C
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Feb 6, 1998
Sold by
Larue Melvin
Bought by
Truesdelle Rodney C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,208
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 1997
Sold by
Mccusker Daniel M
Bought by
Larue Melvin

Purchase Details

Closed on
Sep 5, 1995
Sold by
Hutchings Andrew S
Bought by
Mccusker Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Deltoro Robert $445,000 Pacific Coast Title
Sms Property Partners Llc $290,000 North American Title Co
Laurentzius Lisa $275,000 North American Title
Deboard Sally M -- None Available
Labarca Annette T -- None Available
Labarca Annette $312,500 Fidelity National Title
Holland Martha $190,000 Stewart Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $202,929 Landsafe Title
Countrywide Home Loans Inc $189,263 Landsafe Title
Truesdelle Rodney C $180,000 Chicago Title Co
Larue Melvin $1,000 --
Mccusker Daniel M $155,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deltoro Robert $436,939
Previous Owner Sms Property Partners Llc $222,000
Previous Owner Laurentzius Lisa $206,250
Previous Owner Labarca Annette $250,000
Previous Owner Holland Martha $152,000
Previous Owner Truesdelle Rodney C $175,208
Previous Owner Mccusker Daniel M $139,500
Closed Holland Martha $28,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2024 01/10/24 Sold $750,000 -1.1% $513 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $758,000 +70.3% $518 / Sq Ft
04/24/2015 04/24/15 Sold $445,000 -1.1% $304 / Sq Ft View Prior Sale
04/24/2015 04/24/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $450,000 +55.2% $308 / Sq Ft
11/14/2014 11/14/14 Sold $290,000 -9.4% $198 / Sq Ft View Prior Sale
10/23/2014 10/23/14 Pending -- -- --
08/07/2014 08/07/14 Price Changed $320,000 -8.6% $219 / Sq Ft
06/13/2014 06/13/14 Price Changed $350,000 -5.4% $239 / Sq Ft
03/23/2014 03/23/14 Price Changed $370,000 -7.5% $253 / Sq Ft
02/05/2014 02/05/14 For Sale $399,900 -- $274 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,929 $765,000 $510,000 $255,000
2024 $6,929 $524,324 $365,263 $159,061
2023 $6,812 $514,044 $358,101 $155,943
2022 $6,396 $503,966 $351,080 $152,886
2021 $6,266 $494,086 $344,197 $149,889
2020 $6,250 $489,261 $340,668 $148,593
2019 $6,177 $479,674 $333,989 $145,685
2018 $5,995 $470,275 $327,441 $142,834
2016 $5,515 $451,785 $314,727 $137,058
2015 $3,550 $290,000 $200,000 $90,000
2014 $3,568 $287,408 $188,122 $99,286
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23183641

California Regional Multiple Listing Service (CRMLS)

APN: 7272-014-014