Seller's Agent in 2022
John Zimmerman
RE/MAX
(562) 706-1406
1 in this area
9 Total Sales
3661 Webster Ave Long Beach, CA 90810
Arlington NeighborhoodEstimated Value: $644,000 - $763,000
3
Beds
2
Baths
1,235
Sq Ft
$563/Sq Ft
Est. Value
Highlights
- No Units Above
- No HOA
- Attached Carport
- Corner Lot
- Laundry Room
- East Facing Home
About This Home
As of May 2022Welcome investors to 3661 Webster Ave. Units A and B. This is a prime, bread and butter, Long Beach duplex. It's the perfect for both beginning and experienced investors. The property consists of one 2 bedroom, 1 bath unit with a 2 car attached garage and private patio and, one 1 bedroom, 1 bath unit with a private, fenced yard. A large, attached 2 car garage separates both units for privacy between them. Each unit is metered for it's own electricity and gas, the owner pays water. Located on an east facing corner lot, close to multiple major freeways, public transportation centers, the ports of Long Beach and Los Angeles as well as surrounding dining and entertainment options of the Bixby Area and Downtown Long Beach. Updates and upgrades made to the property within the last 10 years include, a new roof, new windows, new paint, new kitchen cabinets and granite counters in both units, new flooring and more. This is turnkey investment property with existing tenants in place, there's nothing to do once you're the owner, but sit back, collect the rents, and let the property pay for itself!
Last Agent to Sell the Property
Re/Max R. E. Specialists License #01052025 Listed on: 03/26/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 2,999 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- East Facing Home
- Corner Lot
Parking
- 2 Car Garage
- Attached Carport
- Parking Available
Home Design
- Duplex
Interior Spaces
- 1,235 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity, gas, taxes
- Legal Lot and Block 52 / 2
- Tax Tract Number 5224
- Assessor Parcel Number 7317003026
Community Details
Overview
- No Home Owners Association
- 2 Units
- Westside/North Of Willow Subdivision
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Water Sewer Expense $840
- Operating Expense $840
- Gross Income $32,760
- Net Operating Income $31,920
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2022
Closed on
Apr 5, 2022
Sold by
Jung Paul and Jung Irene
Bought by
Ngoc Thanh Do and Tran April Phuong
Seller's Agent
John Zimmerman
Re/Max R. E. Specialists
Buyer's Agent
Tam Tran
Pacific One Real Estate
List Price
$625,000
Sold Price
$640,000
Premium/Discount to List
$15,000
2.4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,905
Avg. Annual Appreciation
2.31%
Original Mortgage
$480,000
Outstanding Balance
$451,673
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$244,232
Purchase Details
Listed on
Mar 30, 2012
Closed on
May 2, 2012
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Jung Paul and Jung Irene
Seller's Agent
John Zimmerman
Re/Max R. E. Specialists
Buyer's Agent
John Zimmerman
Re/Max R. E. Specialists
List Price
$192,500
Sold Price
$197,500
Premium/Discount to List
$5,000
2.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$147,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 29, 2011
Sold by
Hart Rhonda
Bought by
The Bank Of New York Mellon Trust Compan and The Protium Master Grantor Trust
Purchase Details
Closed on
Feb 15, 2007
Sold by
Guillen Gabriel
Bought by
Hart Rhonda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.44%
Mortgage Type
Balloon
Purchase Details
Closed on
Aug 24, 2002
Sold by
Palomares Juan
Bought by
Guillen Gabriel
Purchase Details
Closed on
Aug 15, 1997
Sold by
Rados Myles P
Bought by
Palomares Juan and Guillen Gabriel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,428
Interest Rate
7.45%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ngoc Thanh Do | $640,000 | Fidelity National Title | |
| Jung Paul | $197,500 | Ticor Title Riverside | |
| The Bank Of New York Mellon Trust Compan | $199,900 | Accommodation | |
| Hart Rhonda | $415,000 | Commonwealth Title Co | |
| Guillen Gabriel | -- | -- | |
| Palomares Juan | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ngoc Thanh Do | $480,000 | |
| Previous Owner | Jung Paul | $147,000 | |
| Previous Owner | Hart Rhonda | $332,000 | |
| Previous Owner | Palomares Juan | $119,428 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $640,000 | 0.0% | $518 / Sq Ft | |
| 04/02/2022 04/02/22 | Pending | -- | -- | -- | |
| 03/30/2022 03/30/22 | Off Market | $640,000 | -- | -- | |
| 03/26/2022 03/26/22 | For Sale | $625,000 | +216.5% | $506 / Sq Ft | |
| 05/31/2012 05/31/12 | Sold | $197,500 | +2.6% | $160 / Sq Ft | View Prior Sale |
| 04/13/2012 04/13/12 | Pending | -- | -- | -- | |
| 03/30/2012 03/30/12 | For Sale | $192,500 | -- | $156 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,685 | $679,173 | $530,604 | $148,569 |
| 2024 | $8,685 | $665,856 | $520,200 | $145,656 |
| 2023 | $8,544 | $652,800 | $510,000 | $142,800 |
| 2022 | $3,193 | $233,755 | $124,275 | $109,480 |
| 2021 | $3,128 | $229,173 | $121,839 | $107,334 |
| 2019 | $3,080 | $222,377 | $118,226 | $104,151 |
| 2018 | $2,960 | $218,017 | $115,908 | $102,109 |
| 2016 | $2,718 | $209,553 | $111,408 | $98,145 |
| 2015 | $2,604 | $206,406 | $109,735 | $96,671 |
| 2014 | $2,587 | $202,364 | $107,586 | $94,778 |
Source: Public Records
Agents Affiliated with this Home
-
John Zimmerman
-
Tam Tran
Buyer's Agent in 2022
Tam Tran
Pacific One Real Estate
(562) 981-4494
1 in this area
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22060604
APN: 7317-003-026
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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