NOT LISTED FOR SALE

Estimated Value: $749,000 - $824,000

4 Beds
2 Baths
1,556 Sq Ft
$506/Sq Ft Est. Value

Last Sold December 24, 2015

Last sale price $420,000 $270 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,050/month

23 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Living Room
  • Wall Furnace
  • Private Yard
  • Laundry Room

About This Home

As of December 2015

***STANDARD SALE*** YOU'LL LOVE THIS CHARMING DUPLEX SITUATED IN THE CITY OF LONG BEACH. THIS FABULOUS INCOME PROPERTY IS BEAUTIFULLY MAINTAINED AND QUAINT. THE FRONT UNIT ON TITLE REFLECTS 2 BEDROOMS AND 1 BATH. HOWEVER, THERE IS ALSO AN ADDITIONAL TANDEM ROOM THAT MAY BE USED AS A 3RD BEDROOM AND FEATURES A PRIVATE ENTRANCE FROM THE BACK OF THE UNIT. ADDITIONAL FEATURES OF THE FRONT UNIT INCLUDE A LOVELY FORMAL LIVING ROOM WITH MAGNIFICENT HARDWOOD FLOORS. THE UNIT ALSO BOAST A SPACIOUS AND SUN-FILLED EAT-IN KITCHEN WITH AMPLE CABINET AND COUNTER-TOP SPACE FOR COOKING AND DINING IN. THE STOVE IN THE FRONT UNIT IS INCLUDED IN THE SALE. THE REAR UNIT IS 1 BEDROOM AND 1 BATH AND IS CURRENTLY TENANT OCCUPIED. THERE IS A LONG DRIVEWAY FOR PLENTY OF GUEST PARKING AND LEADS TO A 2-CAR GARAGE. THE PROPERTY IS BEING SOLD IN ITS PRESENT AND AS-IS CONDITION. THERE IS A PARK NEARBY AND THE UNIT IS ALSO CLOSE TO FREEWAYS, SHOPPING AND SCHOOLS. THE CO-LISTING AGENT AND OWNER IS A LICENSED REALTOR.

Last Agent to Sell the Property

Garrick Goodson

Option One Realty Group License #01819672 Listed on: 10/18/2015

Co-Listed By

Charles Smith

Charles Smith, Broker License #00956948

Last Buyer's Agent

Maria Rissler

Ontrak Real Estate License #01701684

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,032 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,556 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 374
  • Assessor Parcel Number 7311014003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $350
  • Water Sewer Expense $800
  • New Taxes Expense $5,250
  • Gross Income $2,850
  • Net Operating Income $2,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 800.00
  • Property Type: Residential Income
  • Parcel Number: 7311014003
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 269.92
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 350.00

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 5032.00
  • Price Per Lot Square Foot: 83.47
  • Lot Size Acres: 0.1160

Multi Family

  • Gross Income: 2850.00
  • Gross Scheduled Income: 34200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5032.0000 Square Feet
  • Net Operating Income: 2350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5250.00
  • Tax Lot: 374
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2024
Sold by
Espinoza Henry R Garcia and Espinoza Lizbeth
Bought by
Hlkgl Family Trust and Espinoza
Current Estimated Value
$786,869

Purchase Details

Listed on
Oct 18, 2015
Closed on
Nov 20, 2015
Sold by
Nava Lizbeth
Bought by
Espinoza Henry R Garcia
Seller's Agent
Garrick Goodson
Option One Realty Group
Buyer's Agent
Maria Rissler
Ontrak Real Estate
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.47%
Original Mortgage
$411,375
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 18, 2015
Closed on
Nov 18, 2015
Sold by
Tolbert Orlando and Tolbert Kim
Bought by
Espinoza Henry R Garcia
Seller's Agent
Garrick Goodson
Option One Realty Group
Buyer's Agent
Maria Rissler
Ontrak Real Estate
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,375
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 6, 2002
Sold by
Fuentes Andy and Gonzalez Martha
Bought by
Tolbert Orlando and Tolbert Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
5.75%

Purchase Details

Closed on
Aug 3, 2000
Sold by
Hud
Bought by
Fuentes Andy and Gonzalez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
8.01%

Purchase Details

Closed on
May 26, 2000
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Apr 13, 2000
Sold by
Fernandez Ramona
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Dec 2, 1997
Sold by
Lee Lannie Tran
Bought by
Unicoast

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,032
Interest Rate
7.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 16, 1997
Sold by
Lee Tony
Bought by
Lee Lannie Tran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,032
Interest Rate
7.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 14, 1997
Sold by
North American Mtg Company
Bought by
Lee Lannie Tran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,032
Interest Rate
7.31%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 12, 1997
Sold by
Federal National Mortgage Association
Bought by
North American Mtg Company

Purchase Details

Closed on
Nov 13, 1996
Sold by
Mero Consuelo M and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 1995
Sold by
Gonzales Pablo
Bought by
Mero Consuelo Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
9.28%

Purchase Details

Closed on
Jan 11, 1994
Sold by
Mero Cynthia
Bought by
Gonzales Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,791
Interest Rate
7.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 15, 1993
Sold by
Ocampo Zenaida P
Bought by
Mero Consuelo Marie and Gonzales Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,791
Interest Rate
7.29%
Mortgage Type
Seller Take Back
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
Hlkgl Family Trust -- None Listed On Document
Espinoza Henry R Garcia -- Chicago Title
Espinoza Henry R Garcia $420,000 Chicago Title
Tolbert Orlando $252,000 Southland Title
Fuentes Andy $155,000 Southland Title
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $166,496 First American Title Ins Co
Unicoast -- United Title
Fernandez Ramona $155,000 United Title
Lee Lannie Tran -- Lawyers Title Company
Lee Lannie Tran $102,500 Lawyers Title Company
North American Mtg Company -- Continental Lawyers Title Co
Federal National Mortgage Association $120,000 American Title Ins Company
Mero Consuelo Marie -- United Title
Gonzales Pablo -- Chicago Title
Mero Consuelo Marie $62,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinoza Henry R Garcia $411,375
Previous Owner Tolbert Orlando $201,600
Previous Owner Fuentes Andy $147,250
Previous Owner Fernandez Ramona $3,032
Previous Owner Fernandez Ramona $151,943
Previous Owner Unicoast $3,032
Previous Owner Lee Lannie Tran $76,875
Previous Owner Mero Consuelo Marie $130,400
Previous Owner Mero Consuelo Marie $36,791
Closed Tolbert Orlando $50,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2015 12/24/15 Sold $420,000 0.0% $270 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
10/18/2015 10/18/15 For Sale $420,000 -- $270 / 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 $11,281 $846,600 $612,000 $234,600
2024 $6,542 $487,440 $313,355 $174,085
2023 $6,432 $477,883 $307,211 $170,672
2022 $6,044 $468,514 $301,188 $167,326
2021 $5,922 $459,329 $295,283 $164,046
2020 $5,906 $454,620 $292,256 $162,364
2019 $5,838 $445,707 $286,526 $159,181
2018 $5,610 $436,968 $280,908 $156,060
2017 $5,551 $428,400 $275,400 $153,000
2016 $5,161 $420,000 $270,000 $150,000
2015 $3,717 $303,670 $120,504 $183,166
2014 $3,699 $297,723 $118,144 $179,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15228048

California Regional Multiple Listing Service (CRMLS)

APN: 7311-014-003