NOT LISTED FOR SALE

Estimated Value: $707,000 - $863,000

4 Beds
2 Baths
1,450 Sq Ft
$543/Sq Ft Est. Value

Sale Details

Date Sold: February 8, 2023

Last sale price $730,000 $503 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,983 / mo

96 Days on Market

About This Home

As of February 2023

Super motivated seller will consider all offers! This property is perfect for the currently changing market conditions. It is a long term income producing duplex with both units rented out to perfect tenants paying consistently on time. The tenants are on month to month leases so potential changes can be made as it is desired by the new owner. Both units are in good condition. The units come with an ideal detached 2 car garage with laundry hookups. An additional 4 cars can be parked in the generous driveway which will be a great asset for years to come in the ever so growing and desirable Long Beach area. This is truly a long term investor's delight and it is paired with a very motivated seller so please send any and all offers as the seller just wants to move on with their life so they will entertain all offers. More pictures of the property will be coming soon.

Last Agent to Sell the Property

Brandon Hauer

Brandon Hauer Real Estate Group License #01741530 Listed on: 11/02/2022

Last Buyer's Agent

Jonathan Yuen

Coldwell Banker Exclusive License #01952091

Coldwell Banker Exclusive

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 5,078

Home Design

  • 1,450 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Carport

Additional Features

  • Oven or Range
  • 5,078 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7311-015-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

5,078 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Super motivated seller will consider all offers! This property is perfect for the currently changing market conditions. It is a long term income producing duplex with both units rented out to perfect tenants paying consistently on time. The tenants are on month to month leases so potential changes can be made as it is desired by the new owner. Rents will likely go much higher due to the current market conditions. Both units are in good condition. The units come with an ideal detached 2 car garage with laundry hookups. An additional 4 cars can be parked in the generous driveway which will be a great asset for years to come in the ever so growing and desirable Long Beach area. This is a long term investor's delight and it is paired with a very motivated seller so please send any and all offers as the seller just wants to move on with their life so they will entertain all offers.
  • Living Area: 1450
  • Lot Acreage: 0.1166
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 503.45

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Garage - 2 Car, Carport
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 56.39
  • Assessed Improvement Value: 266638
  • Assessed Land Percent: 43.61
  • Assessed Land Value: 206214
  • Total Assessed Value: 472852
  • Assessor Parcel Number: 7311-015-025
  • Lot Size Area: 5078

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 10, 2023
Sold by
Castro Jose Z and Castro Leticia H
Bought by
Que Ernesto Sy and Que Lucite L
Seller's Agent
Brandon Hauer
Brandon Hauer Real Estate Group
Buyer's Agent
Jonathan Yuen
Coldwell Banker Exclusive
List Price
$769,000
Sold Price
$730,000
Premium/Discount to List
-$39,000
-5.07%
Views
62
Current Estimated Value
$787,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,251
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Jun 22, 2006
Sold by
Castro Jose Z and Castro Leticia H
Bought by
Castro Jose Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2004
Sold by
Horton Faye M and Tami Shinji Revocable Trust
Bought by
Castro Jose Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2002
Sold by
Shinji Tami
Bought by
Shinji Tami and The Tami Shinji Revocable Trust

Purchase Details

Closed on
Sep 21, 1998
Sold by
Shinji Tami
Bought by
Shinji Tami and The Tami Shinji Revocable Trust
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
Que Ernesto Sy $730,000 Wfg National Title
Castro Jose Z -- Chicago Title Co
Castro Jose Z $749,000 North American Title Company
Shinji Tami -- South Coast Title
Shinji Tami -- South Coast Title
Shinji Tami -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castro Jose Z $407,000
Previous Owner Castro Jose Z $288,000
Closed Castro Jose Z $35,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2023 02/08/23 Sold $730,000 0.0% $503 / Sq Ft
11/22/2022 11/22/22 Price Changed $730,000 -2.7% $503 / Sq Ft
11/09/2022 11/09/22 Price Changed $750,000 -2.5% $517 / Sq Ft
11/02/2022 11/02/22 For Sale $769,000 -- $530 / Sq Ft
Source: The MLS

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 $9,709 $759,492 $530,604 $228,888
2024 $9,709 $744,600 $520,200 $224,400
2023 $6,465 $482,308 $210,338 $271,970
2022 $6,074 $472,852 $206,214 $266,638
2021 $5,951 $463,581 $202,171 $261,410
2019 $5,867 $449,832 $196,175 $253,657
2018 $5,653 $441,013 $192,329 $248,684
2016 $5,201 $423,889 $184,861 $239,028
2015 $4,993 $417,523 $182,085 $235,438
2014 $4,403 $360,000 $154,300 $205,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-214913

The MLS

APN: 7311-015-025

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