$695,000
SOLD FEB 20, 2019
4 Beds
2 Baths
1,758 Sq Ft
3,923 Sq Ft Lot

Recently Sold

$395 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • Wall Furnace
  • Woodrow Wilson High School Rated A

About This Home

As of October 2022

Great INVESTMENT OPPORTUNITY! This awesome duplex consists of two spacious 2 bedroom, 1 bath units with SEPARATE indoor laundry hook-ups. Each unit also features newer cabinets, lovely and carpeted flooring in all bedrooms and both living rooms. Two one car garages with storage...one garage for each unit. Located nearby to the Long Beach Traffic Circle, Cal State Long Beach with local shopping and restaurants, and a short drive to the beach. Come take a peek before this one is GONE!!

Last Agent to Sell the Property

Caleb Mcgivney

Keller Williams Pacific Estate License #01932680 Listed on: 01/09/2019

Keller Williams Pacific Estate

Last Buyer's Agent

Zach Marsh

Cart Group., Inc. License #02036985

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,927

Year Built

  • Built in 1960

Lot Details

  • 3,923 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,758 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 36
  • Tax Tract Number 5393
  • Assessor Parcel Number 7253003012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $678
  • New Taxes Expense $10,874
  • Net Operating Income $31,723

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,927

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Circle (CA)
  • Water Sewer Expenses: 678.00
  • Zoning: LBR2N
  • Property Type: Residential Income
  • Parcel Number: 7253003012
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Price Per Square Foot: 395.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3923.00
  • Lot Size Acres: 0.0901

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Multiplier: 18.30
  • Gross Scheduled Income: 39600.00
  • Lot Size Area: 3923.0000 Square Feet
  • Net Operating Income: 31723.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2477.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10874.00
  • Tax Census Tract: 5750.02
  • Tax Lot: 36
  • Tax Tract Number: 5393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Sep 19, 2022
Sold by
Brick And Mortals Llc
Bought by
Valle Mayra
Seller's Agent
Jonnathon Cardwell
Cart Group., Inc.
List Price
$950,000
Sold Price
$905,000
Premium/Discount to List
-$45,000
-4.74%
Views
7
Current Estimated Value
$1,019,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,772
Avg. Annual Appreciation
3.97%
Original Mortgage
$705,000
Outstanding Balance
$676,924
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$336,721

Purchase Details

Closed on
Jun 20, 2020
Sold by
Ajayi Oluwadamilola Jonathan and Sanchez Joshua N
Bought by
Brick And Mortals Llc

Purchase Details

Closed on
Apr 24, 2020
Sold by
Sanchez Joshua N and Swagy Trust
Bought by
Sanchez Joshua N and Jeiks Trust

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jan 23, 2019
Sold by
Wells David A and The David A Wells 2009 Trust
Bought by
Ajayi Oluwadamilola Jonathan and Te J Slick Trust
Seller's Agent
Caleb Mcgivney
Keller Williams Pacific Estate
Buyer's Agent
Zach Marsh
Cart Group., Inc.
List Price
$675,000
Sold Price
$695,000
Premium/Discount to List
$20,000
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$500,000
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 2009
Sold by
Wells David A
Bought by
Wells David A and David A Well 2009 Trust

Purchase Details

Closed on
Feb 22, 2000
Sold by
Brown Mark
Bought by
Wells David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.38%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $905,000 Equity Title
Grant Deed -- North American Title
Interfamily Deed Transfer -- None Available
Grant Deed $695,000 Lawyers Title
Interfamily Deed Transfer -- None Available
Grant Deed $194,000 Equity Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $705,000 New Conventional
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $129,000 New Conventional
Previous Owner $145,550 Unknown
Previous Owner $144,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $905,000 +0.7% $515 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $899,000 -5.4% $511 / Sq Ft
06/14/2022 06/14/22 For Sale $950,000 +5.0% $540 / Sq Ft
06/13/2022 06/13/22 Off Market $905,000 -- --
06/03/2022 06/03/22 For Sale $950,000 +36.7% $540 / Sq Ft
02/20/2019 02/20/19 Sold $695,000 +3.0% $395 / Sq Ft
01/09/2019 01/09/19 For Sale $675,000 -- $384 / 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 $11,927 $941,562 $577,422 $364,140
2024 $11,927 $923,100 $566,100 $357,000
2023 $11,729 $905,000 $555,000 $350,000
2022 $9,795 $785,400 $561,000 $224,400
2021 $8,962 $716,244 $499,825 $216,419
2020 $8,939 $708,900 $494,700 $214,200
2019 $3,575 $267,277 $106,909 $160,368
2018 $3,420 $262,037 $104,813 $157,224
2016 $3,139 $251,864 $100,744 $151,120
2015 $3,017 $248,082 $99,231 $148,851
2014 $3,003 $243,224 $97,288 $145,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19005907

California Regional Multiple Listing Service (CRMLS)

APN: 7253-003-012