NOT LISTED FOR SALE

Estimated Value: $1,312,000 - $1,684,246

5 Beds
4 Baths
2,710 Sq Ft
$538/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $1,180,000 $435 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,003/month

90 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 4-minute walk to Reservoir Park
  • Longfellow Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2020

For rent is a charming and beautiful 2 bedroom, 2 bathroom house located in the California Heights neighborhood of Long Beach. The property is very spacious and has been upgraded features, including new flooring throughout the home. The home also boasts a laundry room inside the unit with a washer and dryer to use for your convenience. The kitchen has been recently updated with a modern aesthetic and offers plenty of cabinet space, stove/ oven and a stainless steel modern refrigerator and dishwasher as well. There is a one-car garage that is available for you to use in the rear of the property. The home is one of three units on the property and shares a sweet and inviting communal backyard with the other two units.

Conveniently located just minutes from the 405 freeway, the unit is in walking distance of a few restaurants and eateries including Blackbird Cafe and Steelhead Coffee. Also just a few minutes drive to countless grocery stores, retail stores and restaurants, including Target, Home Depot, Costco, etc.

- No smoking, please
- No pets, please
- Looking for renters making approx. 2.5x- 3x income of rent and credit score of at least 700+ and above
- $3,550 deposit
- Please note, the sq footage advertised is approximate

Last Agent to Sell the Property

Sativia Salazar

Home Smart Realty Group License #01315715 Listed on: 12/15/2019

Home Smart Realty Group

Last Buyer's Agent

Ian Lashley

The Lashley Group License #01912181

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 5,879 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,710 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 16 / 9
  • Tax Tract Number 5875
  • Assessor Parcel Number 7146027007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $773
  • Professional Management Expense $1,500
  • Trash Expense $360
  • Water Sewer Expense $1,608
  • Operating Expense $4,241
  • Gross Income $72,559
  • Net Operating Income $72,559

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 1500.00
  • Property Attached: Yes
  • Subdivision Name Other: California Heights (CH)
  • Water Sewer Expenses: 1608.00
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7146027007
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 435.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5879.00
  • Lot Size Acres: 0.1350

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 72559.00
  • Gross Scheduled Income: 76800.00
  • Insurance Expense: 773.15
  • Lot Size Area: 5879.0000 Square Feet
  • Net Operating Income: 72559.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Drapes: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 4241.00
  • Rent Control: Yes
  • Total Expenses: 4241.00

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 5720.01
  • Tax Lot: 16
  • Tax Tract Number: 5875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2019
Closed on
Mar 11, 2020
Sold by
Kyelberg Timothy Michael
Bought by
Resurreccion Eliseo Reyes and Resurreccion Della Valdez
Seller's Agent
Sativia Salazar
Home Smart Realty Group
Buyer's Agent
Ian Lashley
The Lashley Group
List Price
$1,250,000
Sold Price
$1,180,000
Premium/Discount to List
-$70,000
-5.6%
Current Estimated Value
$1,459,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,312
Avg. Annual Appreciation
3.74%

Purchase Details

Listed on
Sep 4, 2018
Closed on
Oct 5, 2018
Sold by
Kyelberg Karyn L
Bought by
Kyelberg Timothy Michael
Seller's Agent
Cindy Ludwig
First Team Real Estate
Buyer's Agent
Sativia Salazar
Home Smart Realty Group
List Price
$985,000
Sold Price
$980,000
Premium/Discount to List
-$5,000
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.08%
Original Mortgage
$735,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2018
Closed on
Sep 17, 2018
Sold by
Zoolakis Anthony J and Zoolakis Kari C
Bought by
Kyelberg Timothy Michael
Seller's Agent
Cindy Ludwig
First Team Real Estate
Buyer's Agent
Sativia Salazar
Home Smart Realty Group
List Price
$985,000
Sold Price
$980,000
Premium/Discount to List
-$5,000
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2012
Closed on
May 30, 2012
Sold by
Pitts Rosalie G and Pitts Lee F
Bought by
Zoolakis Anthony J and Zoolakis Kari C
Seller's Agent
Victoria Gibo
Re/Max R. E. Specialists
Buyer's Agent
Cindy Ludwig
First Team Real Estate
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$487,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 1995
Sold by
Babic Anka
Bought by
Eaton Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Resurreccion Eliseo Reyes $1,180,000 Stewart Title
Kyelberg Timothy Michael -- Ticor Title Company
Kyelberg Timothy Michael $980,000 Ticor Title Company
Zoolakis Anthony J $650,000 Ort
Eaton Michael A $212,500 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kyelberg Timothy Michael $735,000
Previous Owner Zoolakis Anthony J $487,500
Previous Owner Eaton Michael A $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2025 05/07/25 Off Market $3,550 -- --
03/23/2025 03/23/25 Price Changed $3,550 -3.4% $2 / Sq Ft
03/07/2025 03/07/25 For Rent $3,675 0.0% --
03/20/2020 03/20/20 Sold $1,180,000 -5.6% $435 / Sq Ft
02/12/2020 02/12/20 For Sale $1,250,000 +5.9% $461 / Sq Ft
02/06/2020 02/06/20 Off Market $1,180,000 -- --
12/15/2019 12/15/19 For Sale $1,250,000 +27.6% $461 / Sq Ft
10/22/2018 10/22/18 Sold $980,000 -0.5% $362 / Sq Ft View Prior Sale
09/12/2018 09/12/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $985,000 +51.5% $363 / Sq Ft
07/16/2012 07/16/12 Sold $650,000 -3.7% $240 / Sq Ft View Prior Sale
05/24/2012 05/24/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $675,000 -- $249 / 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 $16,282 $1,290,498 $656,186 $634,312
2024 $16,282 $1,265,195 $643,320 $621,875
2023 $16,014 $1,240,388 $630,706 $609,682
2022 $15,026 $1,216,068 $618,340 $597,728
2021 $14,735 $1,192,224 $606,216 $586,008
2020 $12,531 $999,600 $510,000 $489,600
2019 $12,386 $980,000 $500,000 $480,000
2018 $8,898 $703,466 $324,677 $378,789
2016 $8,175 $676,151 $312,070 $364,081
2015 $7,846 $665,996 $307,383 $358,613
2014 $7,792 $652,951 $301,362 $351,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19281921

California Regional Multiple Listing Service (CRMLS)

APN: 7146-027-007