Seller's Agent in 2024
Ricardo Perdomo
Realty Connection Group
(800) 659-4610
2 in this area
14 Total Sales
Estimated Value: $771,000 - $1,041,000
**Charming Duplex in Long Beach: Live & Earn in a Prime Coastal Location**
Discover this **quaint duplex** in the heart of Long Beach, perfectly suited for both homeowners and investors. This **move-in-ready property** offers a unique opportunity to **live in one unit and rent out the other,** providing a seamless blend of comfortable living and income generation. (Unit 1 is a 2 bdrm 1 bath. Unit 2 is a 1 bdrm 1 bath)
**Property Highlights:**
- **Dual Units:** Each unit features a private entrance, newer floors, and updated kitchens..
- **Outdoor Spaces:** The exterior features classic architectural details with a touch of bungalow coastal charm, complete with a well-maintained front yard.
- **Prime Location:** Situated in a desirable Long Beach neighborhood, with easy access to shops, restaurants, beaches, and public transportation.
**Why This Duplex is a Smart Investment:**
- **Rental Income Potential:** Generate steady income by renting out one unit while living in the other, significantly offsetting your mortgage.
- **Build Equity:** Use rental income to pay down your mortgage, steadily increasing your property equity.
- **Tax Benefits:** Take advantage of various tax deductions, including mortgage interest, property taxes, and maintenance costs.
- **Flexibility:** Manage your rental property with ease while enjoying the flexibility to rent out both units in the future.
- **Increased Value:** Maintain and update the property to boost its market value, ensuring a profitable sale down the line.
- **Community & Security:** Benefit from living close to your tenant, creating a safe and friendly community atmosphere.
This **versatile duplex** offers the perfect balance of **comfortable living and smart investment,** all within the vibrant, coastal city of Long Beach. Whether you're looking to establish a home base or expand your real estate portfolio, this property is a must-see!
**Schedule a viewing today** and take the first step toward owning a prime piece of Long Beach real estate that pays for itself!
Last Agent to Sell the Property
Realty Connection Group Brokerage Phone: 562-533-4003 License #01847698 Listed on: 09/01/2024
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Plumtree Angelina Maria | -- | Pacific Coast Title | |
| Brunner Nicholas | $850,000 | Pacific Coast Title Company | |
| Bass Kelly | $550,000 | Ortc | |
| Baker Howard | -- | First American Title Ins Co | |
| Rivera Dolores E | $225,000 | North American Title Co | |
| Correa Cynthia | -- | -- | |
| Vela Cynthia Correa | $79,000 | Provident Title Company | |
| Federal Home Loan Mortgage Corporation | $120,000 | -- | |
| Jerico Ltd Partnership | -- | -- | |
| Beaulieu Holdings | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brunner Nicholas | $680,000 | |
| Previous Owner | Bass Kelly | $440,000 | |
| Previous Owner | Baker Howard | $60,000 | |
| Previous Owner | Rivera Dolores E | $180,000 | |
| Previous Owner | Vela Cynthia Correa | $79,161 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/16/2024 10/16/24 | Sold | $850,000 | +6.4% | $621 / Sq Ft | |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- | |
| 09/01/2024 09/01/24 | For Sale | $799,000 | 0.0% | $584 / Sq Ft | |
| 03/02/2024 03/02/24 | Rented | $2,500 | 0.0% | -- | |
| 03/02/2024 03/02/24 | For Rent | $2,500 | 0.0% | -- | |
| 02/16/2024 02/16/24 | Off Market | $2,500 | -- | -- | |
| 02/05/2024 02/05/24 | Price Changed | $2,500 | -10.7% | $3 / Sq Ft | |
| 01/29/2024 01/29/24 | For Rent | $2,800 | 0.0% | -- | |
| 03/17/2017 03/17/17 | Sold | $550,000 | -3.3% | $402 / Sq Ft | View Prior Sale |
| 02/14/2017 02/14/17 | Pending | -- | -- | -- | |
| 01/25/2017 01/25/17 | For Sale | $569,000 | -- | $416 / Sq Ft |
| 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 | $8,084 | $850,000 | $500,000 | $350,000 |
| 2024 | $8,084 | $625,803 | $438,062 | $187,741 |
| 2023 | $7,945 | $613,533 | $429,473 | $184,060 |
| 2022 | $7,456 | $601,503 | $421,052 | $180,451 |
| 2021 | $7,306 | $589,710 | $412,797 | $176,913 |
| 2019 | $7,199 | $572,220 | $400,554 | $171,666 |
| 2018 | $7,002 | $561,000 | $392,700 | $168,300 |
| 2016 | $3,532 | $280,776 | $62,392 | $218,384 |
| 2015 | $3,393 | $276,559 | $61,455 | $215,104 |
| 2014 | $3,377 | $271,143 | $60,252 | $210,891 |
Seller's Agent in 2024
Ricardo Perdomo
Realty Connection Group
(800) 659-4610
2 in this area
14 Total Sales
Seller's Agent in 2024
Josue Barrios
El Camino Property Management Services
(323) 365-6188
4 Total Sales
R
Buyer's Agent in 2024
Rick Rodriguez
Century 21 Realty Masters
(562) 881-3601
1 in this area
49 Total Sales
P
Seller's Agent in 2017
Phil Appleby
Appleby Real Estate Brokerage
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24176786
APN: 7253-008-012