NOT LISTED FOR SALE

3610 E 10th St Long Beach, CA 90804

Recreation Park Neighborhood

Estimated Value: $1,193,943 - $1,349,000

5 Beds
3 Baths
2,972 Sq Ft
$427/Sq Ft Est. Value

Last Sold January 27, 2020

Last sale price $900,000 $303 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,889/month

40 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Landscaped

About This Home

As of January 2020

Beautiful Classic Spanish style triplex near Recreation Park & Belmont Heights. Two 2-story front units are 2 bedrooms each with large kitchens and baths, spacious living rooms and formal dining rooms. Large one bedroom unit with enclosed sun room in rear has a large kitchen & living area with lots of upgrades. Three single car garages in rear of building plus two parking spaces. Dual pane windows were installed in September 2019. Plumbing & electrical have had some upgrades. Kitchens and baths have been remodeled in the past 2-8 years. Coin-op washer dryer is owned, not leased. Pride of Ownership! Units always rented-great long term tenants. Great for investor or live in one, rent the others! This property is very unique!

Last Agent to Sell the Property

Tracy Sturm

Re/Max R. E. Specialists License #01045942 Listed on: 09/29/2019

Re/Max R. E. Specialists

Last Buyer's Agent

Laurent Yoeung

Legacy Real Estate License #01935699

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,071 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 3 Car Garage

Home Design

  • 2,972 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, trash collection, water
  • Tax Lot 3
  • Assessor Parcel Number 7254014003

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Fuel Expense $500
  • Gardener Expense $360
  • Insurance Expense $1,843
  • Water Sewer Expense $900
  • New Taxes Expense $11,554
  • Operating Expense $3,600
  • Gross Income $58,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 900.00
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7254014003
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 302.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, Individual Room, Outside, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 3071.00
  • Lot Size Acres: 0.0705

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water

Multi Family

  • Fuel Expense: 500.00
  • Garage Income: 125.00
  • Gross Income: 58680.00
  • Gross Scheduled Income: 61680.00
  • Insurance Expense: 1843.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Lot Size Area: 3071.0000 Square Feet
  • Number Of Rented Garages: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Actual Rent: 4940.00
  • Total Expenses: 3600.00

Tax Info

  • New Taxes Expense: 11554.00
  • Tax Area: 5500
  • Tax Census Tract: 5770.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Yoeung Daisy Mariel
Bought by
Laurent And Daisy Yoeung Revocable Trust
Current Estimated Value
$1,268,736

Purchase Details

Listed on
Sep 29, 2019
Closed on
Dec 31, 2019
Sold by
Yoeung Laurent
Bought by
Perez Daisy Mariel
Seller's Agent
Tracy Sturm
Re/Max R. E. Specialists
Buyer's Agent
Laurent Yoeung
Legacy Real Estate
List Price
$949,900
Sold Price
$900,000
Premium/Discount to List
-$49,900
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$700,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 29, 2019
Closed on
Dec 26, 2019
Sold by
Aguilar Martha Isabel
Bought by
Perez Marco
Seller's Agent
Tracy Sturm
Re/Max R. E. Specialists
Buyer's Agent
Laurent Yoeung
Legacy Real Estate
List Price
$949,900
Sold Price
$900,000
Premium/Discount to List
-$49,900
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2019
Sold by
Cady Mary and The Mary A Cady Trust
Bought by
Perez Marco and Perez Daisy Mariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2006
Sold by
Cady Mary and Cady George
Bought by
Cady Mary A and Mary A Cady Trust

Purchase Details

Closed on
Feb 8, 2006
Sold by
Mooradian David and Greco Laura
Bought by
Cady George and Cady Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
6.98%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 12, 2001
Sold by
Mcconnell Paul A
Bought by
Mooradian David and Greco Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
7.17%

Purchase Details

Closed on
Jun 11, 1999
Sold by
Castro Leo L
Bought by
Mcconnell Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.51%
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
Laurent And Daisy Yoeung Revocable Trust -- None Listed On Document
Perez Daisy Mariel -- Old Republic Title Company
Perez Marco -- Old Republic Title Company
Perez Marco $900,000 Old Republic Title Company
Cady Mary A -- None Available
Cady George $810,000 Commonwealth
Mooradian David $395,000 Old Republic Title Company
Mcconnell Paul A $270,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Marco $700,000
Previous Owner Cady George $645,300
Previous Owner Mooradian David $316,000
Previous Owner Mcconnell Paul A $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2020 01/27/20 Sold $900,000 -5.3% $303 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
09/29/2019 09/29/19 For Sale $949,900 -- $320 / 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 $15,056 $1,128,063 $679,320 $448,743
2024 $14,400 $1,105,945 $666,000 $439,945
2023 $14,159 $1,084,261 $652,942 $431,319
2022 $13,289 $1,063,002 $640,140 $422,862
2021 $11,440 $909,324 $505,180 $404,144
2020 $12,012 $950,149 $572,714 $377,435
2019 $11,872 $931,520 $561,485 $370,035
2018 $11,554 $913,256 $550,476 $362,780
2016 $9,145 $750,000 $450,000 $300,000
2015 $8,455 $710,000 $426,000 $284,000
2014 $7,649 $630,000 $378,000 $252,000
Source: Public Records

Agents Affiliated with this Home

  • Tracy Sturm

    Seller's Agent in 2020

    Tracy Sturm

    RE/MAX

    (562) 688-9861

    28 Total Sales

    Tracy Sturm
    Section Image
  • Laurent Yoeung

    Buyer's Agent in 2020

    Laurent Yoeung

    Legacy Real Estate

    (714) 584-2700

    16 Total Sales

    Laurent Yoeung
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19231646

California Regional Multiple Listing Service (CRMLS)

APN: 7254-014-003

California Los Angeles County Long Beach 90804 Recreation Park

3610 E 10th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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