NOT LISTED FOR SALE

Estimated Value: $799,000 - $1,418,000

5 Beds
4 Baths
2,285 Sq Ft
$517/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $1,395,000 $611 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,913/month

95 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Forced Air Heating and Cooling System
  • Woodrow Wilson High School Rated A
  • Laundry Room
  • Back and Front Yard

About This Home

As of September 2024

Price Reduced! Don't Miss Out on this Turnkey 3 bedroom 2 bath home with a separate ADU and a Jr. ADU!! The Seller went all out on this property!! These Brand New ADU's and a completely Remodeled Home Feature, New Roofs, New Kitchens with all New Appliances, New Bathrooms with Custom Tile, New Flooring Throughout the Property, All New LED Lighting, New Vinyl Windows,
New Landscaping, New HVAC Units, a detached 2 car garage and so much More!!

The Main House is Located in the Middle of the Property it Features 1375 Sq. Ft, it has 3 Bedrooms, 2 Bathrooms, a Large Kitchen with Plenty of Storage, and a Large Great Room that's perfect for Entertaining!!
The Front ADU Features is 415 Sq. Ft, it has 1 bedroom, 1 bathroom, a Nice Kitchen with New Appliance's, and a Living Room.
The Jr. ADU is secluded at the rear of the property and is 490 Sq. Ft, it has 1 bedroom, 1 bathroom, a Nice Kitchen with New Appliance's, and a Living Room.

This property allows you to have a nice new home with additional income potential!! It is located in a great area of Long Beach, close to Schools, Shopping the Beach and More!! Owner may carry!! Submit all offers!!

Last Agent to Sell the Property

Jack Pisciotta

Long Beach Real Estate Brokerage Phone: 562-547-3517 License #01091796 Listed on: 05/08/2024

Co-Listed By

Anthony DeSmet

Long Beach Real Estate Brokerage Phone: 562-547-3517 License #01069124

Last Buyer's Agent

Lane Stone

Seven Gables Real Estate License #01912264

Seven Gables Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,123

Year Built

  • Built in 1948

Lot Details

  • 6,713 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LBR2N

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,285 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 7 / A
  • Tax Tract Number 5500
  • Assessor Parcel Number 7253003023
  • $384 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Eastside Subdivision

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,123

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Price Per Unit: 465000
  • Property Attached: Yes
  • Subdivision Name Other: Eastside (ES)
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LBR2N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 7253003023
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 610.50
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6713.00
  • Lot Size Acres: 0.1541
  • Latitude Manual: 33.78780300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 98220.00
  • Gross Scheduled Income: 98220.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6713.0000 Square Feet
  • Maintenance Expense: 2500.00
  • Net Operating Income: 63777.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 29533.00
  • Rent Control: No
  • Total Expenses: 29533.00
  • Vacancy Allowance: 4911

Tax Info

  • Tax Block: A
  • Tax Census Tract: 5750.02
  • Tax Lot: 7
  • Tax Tract Number: 5500
  • TaxOtherAnnualAssessmentAmount: 384.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Sep 5, 2024
Sold by
Property Investment 237 Llc
Bought by
Joseph R Hunter And Charlene C Hunter Trust and Hunter
Seller's Agent
Jack Pisciotta
Long Beach Real Estate
Buyer's Agent
Lane Stone
Seven Gables Real Estate
List Price
$1,595,000
Sold Price
$1,395,000
Premium/Discount to List
-$200,000
-12.54%
Views
27
Current Estimated Value
$1,180,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$214,122
Avg. Annual Appreciation
-14.94%
Original Mortgage
$795,000
Outstanding Balance
$788,020
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$392,858

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 7, 2023
Sold by
Norman Arthur Tinkler Trust and Charles Edwin Tinkler Testamentary Trust
Bought by
Property Investment 237 Llc
Seller's Agent
Jose Smith
Coldwell Banker Realty
Buyer's Agent
Jennifer Boyd
Keller Williams Coastal Prop.
List Price
$575,000
Sold Price
$620,000
Premium/Discount to List
$45,000
7.83%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.75%

Purchase Details

Closed on
Jul 12, 1999
Sold by
Tinkler Norman Arthur
Bought by
Tinkler Norman Arthur and Norman Arthur Tinkler Trust

Purchase Details

Closed on
Jun 21, 1999
Sold by
Trust Tinkler Laura L Tr Laura L Tinkler and Tinkler Madelyn Isabel
Bought by
Tinkler Norman Arthur
Source: Public Records

Range of Values:

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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
Joseph R Hunter And Charlene C Hunter Trust $1,395,000 Old Republic Title Company
Property Investment 237 Llc $620,000 Ticor Title
Tinkler Norman Arthur -- --
Tinkler Norman Arthur -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph R Hunter And Charlene C Hunter Trust $795,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2024 09/10/24 Sold $1,395,000 0.0% $611 / Sq Ft
07/19/2024 07/19/24 Price Changed $1,395,000 -5.4% $611 / Sq Ft
06/17/2024 06/17/24 Price Changed $1,475,000 -3.3% $646 / Sq Ft
05/30/2024 05/30/24 Price Changed $1,525,000 -4.4% $667 / Sq Ft
05/08/2024 05/08/24 For Sale $1,595,000 +14.3% $698 / Sq Ft
05/08/2024 05/08/24 Off Market $1,395,000 -- --
09/18/2023 09/18/23 Sold $620,000 0.0% $678 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
09/06/2023 09/06/23 Off Market $620,000 -- --
09/02/2023 09/02/23 For Sale $575,000 -7.3% $628 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/28/2023 08/28/23 Off Market $620,000 -- --
08/25/2023 08/25/23 For Sale $575,000 -- $628 / 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 $8,123 $1,395,000 $1,150,000 $245,000
2024 $8,123 $620,000 $532,100 $87,900
2023 $847 $44,244 $26,364 $17,880
2022 $807 $43,378 $25,848 $17,530
2021 $782 $42,529 $25,342 $17,187
2019 $769 $41,270 $24,592 $16,678
2018 $670 $40,461 $24,110 $16,351
2016 $616 $38,892 $23,175 $15,717
2015 $596 $38,308 $22,827 $15,481
2014 $601 $37,558 $22,380 $15,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24089599

California Regional Multiple Listing Service (CRMLS)

APN: 7253-003-023