D
Seller's Agent in 2021
Daniel Casado
Casado Real Estate Inc.
(562) 316-0077
1 in this area
15 Total Sales
3735 Locust Ave Long Beach, CA 90807
Los Cerritos NeighborhoodEstimated Value: $1,110,000 - $1,351,279
4
Beds
2
Baths
1,751
Sq Ft
$706/Sq Ft
Est. Value
Highlights
- Laundry Room
- Los Cerritos Elementary School Rated A
- 1-Story Property
About This Home
As of November 2021Bread and butter location with good amount of upside potential in rent after modernization. Units have newer floors and exterior was recently painted. Lots of opportunity for a homeowner to rent second unit or for investor to upgrade. Both units are similar in size and are two bedrooms, one bath each. Front unit has a side yard and rear unit has rear patio with dog run leading to backyard. Plenty of space to build more units in back.
Last Agent to Sell the Property
Casado Real Estate Inc. License #01920041 Listed on: 08/16/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 7,827 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 1,751 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 3 / B
- Tax Tract Number 4921
- Assessor Parcel Number 7141008030
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Water Sewer Expense $1,897
- Operating Expense $2,616
- Gross Income $43,332
- Net Operating Income $40,715
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2005
Sold by
Docton Dianna
Bought by
Docton Dianna and Smith Sandra L
Current Estimated Value
Purchase Details
Closed on
Oct 22, 2004
Sold by
Docton Dianna
Bought by
Docton Dianna and Davis Colleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Outstanding Balance
$110,543
Interest Rate
5.69%
Mortgage Type
New Conventional
Estimated Equity
$1,125,527
Purchase Details
Closed on
Nov 27, 2002
Sold by
Davis Colleen A
Bought by
Smith Sandra L
Purchase Details
Closed on
May 23, 2002
Sold by
Davis Colleen A
Bought by
Docton Dianna and Davis Colleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.89%
Purchase Details
Closed on
Jan 12, 1998
Sold by
Smith Brent A
Bought by
Davis Colleen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.13%
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 |
|---|---|---|---|
| Docton Dianna | -- | -- | |
| Docton Dianna | -- | Orange Coast Title Co | |
| Docton Dianna | -- | Orange Coast Title Co | |
| Smith Sandra L | -- | -- | |
| Docton Dianna | -- | Stewart Title | |
| Davis Colleen A | -- | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Docton Dianna | $226,000 | |
| Previous Owner | Docton Dianna | $212,000 | |
| Previous Owner | Davis Colleen A | $193,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2021 11/24/21 | Sold | $990,000 | -0.9% | $565 / Sq Ft |
| 10/24/2021 10/24/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | Price Changed | $999,000 | -9.2% | $571 / Sq Ft |
| 08/16/2021 08/16/21 | For Sale | $1,099,900 | -- | $628 / 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 | $13,840 | $1,050,595 | $583,664 | $466,931 |
| 2024 | $13,242 | $1,029,996 | $572,220 | $457,776 |
| 2023 | $14,012 | $1,009,800 | $561,000 | $448,800 |
| 2022 | $12,304 | $990,000 | $550,000 | $440,000 |
| 2021 | $8,732 | $690,479 | $412,226 | $278,253 |
| 2020 | $8,709 | $683,400 | $408,000 | $275,400 |
| 2019 | $3,723 | $266,228 | $106,485 | $159,743 |
| 2018 | $3,508 | $261,009 | $104,398 | $156,611 |
| 2016 | $3,225 | $250,876 | $100,345 | $150,531 |
| 2015 | $3,100 | $247,108 | $98,838 | $148,270 |
| 2014 | $3,089 | $242,268 | $96,902 | $145,366 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Casado
-
Jared Kira
Buyer's Agent in 2021
Jared Kira
Premier Agent Network
(310) 489-6765
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21167929
APN: 7141-008-030
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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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