NOT LISTED FOR SALE

3529 Pine Ave Long Beach, CA 90807

Los Cerritos Neighborhood

Estimated Value: $997,000 - $1,218,000

4 Beds
3 Baths
1,908 Sq Ft
$587/Sq Ft Est. Value

Last Sold February 26, 2013

Last sale price $490,000 $257 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,527/month

33 Days on Market

Highlights

  • Traditional Architecture
  • Los Cerritos Elementary School Rated A
  • No Heating

About This Home

As of February 2013

***GREAT DUPLEX IN BIXBY KNOLLS AREA OF LONG BEACH*** This duplex is perfect for an owner occupant - live in one unit and rent out the other! The front unit is a 2 bedroom, 1 bathroom unit with living room entry with hardwood floors and brick gas fireplace. The dining room & kitchen are conveniently located off of the living room. The kitchen has tiled floors, double sink, formica countertops, and a rear door that opens out to the South side of the property. The main hallway affords access to both bedrooms and the full bathroom. The rear unit is a 2 bedrooms, 2 bathroom and features include: living room entry with laminate floors and brick gas fireplace. Spacious dining room that has a fan/light combination. Bright and airy kitchen with tiled floors, double sink, dishwasher, vent hood and formica countertops. The main hallway allows access to the full bathroom and both bedrooms. The master suite has a private 3/4 bathroom and glass slider that opens out to a covered concrete patio.

Last Agent to Sell the Property

Laura Roman

Boardwalk Properties License #00458210 Listed on: 10/11/2012

Last Buyer's Agent

Dave Stockton

Golden Eagle Properties License #01214367

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,474

Parking

  • 2 Parking Spaces

Home Design

  • 1,908 Sq Ft Home
  • Traditional Architecture
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 7,474 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 133 / F
  • Assessor Parcel Number 7141011067

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,500
  • Gross Income $2,938
  • Net Operating Income $28,205

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 5.37
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7141011067
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 256.81

Exterior Features

  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7474.00
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 2938.00
  • Gross Multiplier: 14.89
  • Gross Scheduled Income: 35256.00
  • Net Operating Income: 28205.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7051.00

Tax Info

  • New Taxes Expense: 5500.00
  • Tax Area: 5500
  • Tax Block: F
  • Tax Lot: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2017
Sold by
Phan Nam Quoc
Bought by
Nguyen Khanh Thuy
Current Estimated Value
$1,120,105

Purchase Details

Listed on
Oct 11, 2012
Closed on
Jan 24, 2013
Sold by
Nguyen Khanh Thuy Ngoc
Bought by
Phan Nam Quoc
Seller's Agent
Laura Roman
Boardwalk Properties
Buyer's Agent
Dave Stockton
Golden Eagle Properties
List Price
$524,900
Sold Price
$490,000
Premium/Discount to List
-$34,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Nov 14, 2012
Sold by
Us Bank National Association
Bought by
Phan Nam Quoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
3.36%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2012
Sold by
Chandler Michael E and Chandler Lorena R
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 2, 2012
Sold by
Chandler Lorena R
Bought by
Ramirez Irma E

Purchase Details

Closed on
Jan 31, 2012
Sold by
Chandler Michael E
Bought by
Chandler Lorena R

Purchase Details

Closed on
Feb 6, 2004
Sold by
Decker Randal O and Sanders Nicole
Bought by
Chandler Michael E and Chandler Lorena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2000
Sold by
Tomasich John M and Pallo Francesca D
Bought by
Decker Randal O and Sanders Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
8.53%
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
Nguyen Khanh Thuy -- None Available
Phan Nam Quoc -- Lsi Title Company Inc
Phan Nam Quoc $490,000 Lsi Title Company Inc
U S Bank National Association $535,224 Landsafe Title
Ramirez Irma E -- None Available
Chandler Lorena R -- None Available
Chandler Michael E $455,000 First American Title Co
Decker Randal O $295,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phan Nam Quoc $481,124
Previous Owner Chandler Michael E $364,000
Previous Owner Decker Randal O $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2013 02/26/13 Sold $490,000 -6.6% $257 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
10/11/2012 10/11/12 For Sale $524,900 -- $275 / 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 $7,901 $603,390 $301,695 $301,695
2024 $7,901 $591,560 $295,780 $295,780
2023 $7,770 $579,962 $289,981 $289,981
2022 $7,302 $568,592 $284,296 $284,296
2021 $7,155 $557,444 $278,722 $278,722
2020 $7,136 $551,970 $275,865 $276,105
2019 $7,054 $541,152 $270,456 $270,696
2018 $6,771 $530,546 $265,153 $265,393
2016 $6,227 $509,714 $254,857 $254,857
2015 $5,978 $502,058 $251,029 $251,029
2014 $5,941 $492,224 $246,112 $246,112
Source: Public Records

Agents Affiliated with this Home

  • Laura Roman

    Seller's Agent in 2013

    Laura Roman

    Boardwalk Properties

    (562) 209-3645

    38 Total Sales

    Section Image

  • D

    Buyer's Agent in 2013

    Dave Stockton

    Golden Eagle Properties

    (951) 401-1319

    24 Total Sales

    Dave Stockton
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P837861

California Regional Multiple Listing Service (CRMLS)

APN: 7141-011-067

California Los Angeles County Long Beach 90807 Los Cerritos

3529 Pine Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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