NOT LISTED FOR SALE

349 E 57th St Unit A Long Beach, CA 90805

Dairy Neighborhood

Estimated Value: $929,000 - $1,040,423

5 Beds
3 Baths
1,948 Sq Ft
$505/Sq Ft Est. Value

Last Sold October 30, 2019

Last sale price $690,000 $354 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,031/month

Highlights

  • In Ground Pool
  • Wall Furnace
  • Front Yard
  • Laundry Room

About This Home

As of October 2019

Great looking 3 unit property with a pool. First building consisting of a 1bedroom 1 bath unit and a 2 bedroom 1 bath unit. Rear building has a 3 car garage and a 1 bedroom 1 bath unit on top. Excellent location, property is perfect for a first time buyer or an investor looking to build a real estate portfolio.

Last Agent to Sell the Property

Gilbert Navarro

Keller Williams SELA License #01301415 Listed on: 09/17/2019

Keller Williams SELA

Last Buyer's Agent

Gilbert Navarro

Keller Williams SELA License #01301415 Listed on: 09/17/2019

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,304 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • 1,948 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 7309
  • Assessor Parcel Number 7126001014

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $360
  • Insurance Expense $1,500
  • Trash Expense $264
  • Water Sewer Expense $960
  • New Taxes Expense $8,737
  • Operating Expense $12,241
  • Net Operating Income $48,324

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 960.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7126001014
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 354.21

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 264.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 4304.00
  • Lot Size Acres: 0.0988

Multi Family

  • Electric Expense: 420.00
  • Gross Scheduled Income: 51480.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 4304.0000 Square Feet
  • Net Operating Income: 48324.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 3156.00
  • Rent Control: No
  • Total Actual Rent: 5500.00
  • Total Expenses: 12241.00

Tax Info

  • New Taxes Expense: 8737.00
  • Tax Census Tract: 5703.03
  • Tax Lot: 23
  • Tax Tract Number: 7309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 1, 2019
Sold by
Reuter Chris A
Bought by
Diaz Armando
Seller's Agent
Gilbert Navarro
Keller Williams SELA
Buyer's Agent
Gilbert Navarro
Keller Williams SELA
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$984,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,106
Avg. Annual Appreciation
5.91%
Original Mortgage
$624,000
Outstanding Balance
$546,509
Interest Rate
3.7%
Estimated Equity
$437,597

Purchase Details

Listed on
Sep 17, 2019
Closed on
Sep 24, 2019
Sold by
Talavera Ignacio
Bought by
Diaz Armando
Seller's Agent
Gilbert Navarro
Keller Williams SELA
Buyer's Agent
Gilbert Navarro
Keller Williams SELA
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Outstanding Balance
$546,509
Interest Rate
3.7%
Estimated Equity
$437,597

Purchase Details

Closed on
Dec 4, 2015
Sold by
West Ridge Rentals Llc
Bought by
Talavera Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2015
Sold by
Vazquez Juan Martin
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Oct 16, 2007
Sold by
Vazquez Victoria
Bought by
Vazquez Juan

Purchase Details

Closed on
Jun 22, 2007
Sold by
Vazquez Juan Martin and Vazquez Juan
Bought by
Vazquez Juan Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
6.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2002
Sold by
Vazquez Juan and Padilla Dimas
Bought by
Vazquez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vazquez Juan and Padilla Dimas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,894
Interest Rate
7.88%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 1995
Sold by
Pettyjohn James Todd and Pettyjohn Maybelyn S
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Diaz Armando -- Fidelity National Title Co
Diaz Armando $690,000 Fidelity National Title Co
Talavera Ignacio $550,000 Ratic
West Ridge Rentals Llc $362,200 Accommodation
Vazquez Juan -- Ticor Title Company Of Ca
Vazquez Juan Martin -- Ticor Title Company
Vazquez Juan -- American Title Co
Vazquez Juan -- American Title Co
Vazquez Juan $145,000 First American Title Co
Federal Home Loan Mortgage Corporation $125,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Armando $624,000
Previous Owner Talavera Ignacio $540,038
Previous Owner Vazquez Juan Martin $413,000
Previous Owner Vazquez Juan $184,000
Previous Owner Vazquez Juan $142,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2019 10/30/19 Sold $690,000 -1.3% $354 / Sq Ft
09/17/2019 09/17/19 For Sale $699,000 -- $359 / 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 $10,502 $811,822 $378,850 $432,972
2024 $10,502 $795,905 $371,422 $424,483
2023 $10,324 $780,300 $364,140 $416,160
2022 $9,693 $765,000 $357,000 $408,000
2021 $8,869 $697,148 $303,108 $394,040
2020 $8,846 $690,000 $300,000 $390,000
2019 $7,620 $583,664 $169,793 $413,871
2018 $7,380 $572,220 $166,464 $405,756
2016 $6,791 $550,000 $160,000 $390,000
2015 $3,075 $235,406 $106,373 $129,033
2014 $3,069 $230,796 $104,290 $126,506
Source: Public Records

Agents Affiliated with this Home

  • Gilbert Navarro

    Seller's Agent in 2019

    Gilbert Navarro

    Keller Williams SELA

    (323) 353-4788

    47 Total Sales

    Gilbert Navarro
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19222488

California Regional Multiple Listing Service (CRMLS)

APN: 7126-001-014

California Los Angeles County Long Beach 90805 Dairy

349 E 57th St Unit A, Long Beach, CA

Not Listed for Sale

MultiFamily

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