NOT LISTED FOR SALE

3815 E 8th St Long Beach, CA 90804

Recreation Park Neighborhood

Estimated Value: $1,115,000 - $1,279,000

4 Beds
2 Baths
1,464 Sq Ft
$826/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $842,500 $575 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,616/month

54 Days on Market

Highlights

  • Laundry Room
  • Woodrow Wilson High School Rated A
  • Rectangular Lot

About This Home

As of February 2023

3815 East 8th Street is a single-story 1924 construction with two two-bedroom/one-bath units that are separately metered for gas and electricity. The property also offers two single-car garages and a shared washer/dryer. Recent improvements include new electrical, some new plumbing, new paint, updated flooring, and the remodel of one unit.'

The property boasts a great location in desirable Eastside Long Beach directly across from the esteemed Jefferson Leadership Academy and in convenient proximity to retail, Cal State Long Beach, and Belmont Shore. This area is a dense rental submarket with a strong tenant base; the average household income within one mile exceeds $98,000.

Current rent for the occupied unit offers 11 percent potential upside, and a new investor could further add value by converting the garages to an ADU (buyer to verify).

Last Agent to Sell the Property

Steve Bogoyevac

Steven M. Bogoyevac, Broker License #01332755 Listed on: 11/01/2022

Last Buyer's Agent

Fleming Trainor

Sotheby's International Realty License #01810650

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 2,941 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage

Home Design

  • 1,464 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number 7254016007
  • $389 per year additional tax assessments

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LBR3S
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7254016007
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 575.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2941.00
  • Lot Size Acres: 0.0675

Multi Family

  • Lot Size Area: 2941.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5770.00
  • Tax Lot: 7
  • TaxOtherAnnualAssessmentAmount: 389.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Tdr Capital Group Llc
Bought by
Tdr Capital Group Llc
Current Estimated Value
$1,208,809

Purchase Details

Closed on
May 10, 2023
Sold by
Cruz Simplicio and Cruz Sarah V
Bought by
Jonathan And Anna Yamamoto 2016 Trust

Purchase Details

Closed on
Feb 20, 2015
Sold by
Odell Timothy J
Bought by
Timothy & Michelle Odell Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2011
Sold by
Odell Timothy J
Bought by
Odell Timothy J and Odell Michelle K

Purchase Details

Closed on
Feb 7, 2001
Sold by
Hud
Bought by
Odell Timothy and Odell Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,826
Interest Rate
7.03%

Purchase Details

Closed on
Dec 18, 2000
Sold by
Nationsbanc Mtg Corp
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,826
Interest Rate
7.03%

Purchase Details

Closed on
Aug 25, 2000
Sold by
Engstron Harold G
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Jul 5, 1995
Sold by
Emc Mtg Corp
Bought by
Engstrom Harold George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,305
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Aug 31, 1994
Sold by
Hayes Clifford E
Bought by
Great Western Bank Fsb
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tdr Capital Group Llc -- Accommodation/Courtesy Recordi
Jonathan And Anna Yamamoto 2016 Trust $1,165,000 Fidelity National Title
Timothy & Michelle Odell Family Trust -- Accommodation
Odell Timothy J -- Fidelity National Title
Odell Timothy J -- None Available
Odell Timothy $190,500 Stewart Title
Hud -- First American Title Ins Co
Nationsbanc Mtg Corp $137,059 First American Title Ins Co
Engstrom Harold George $123,000 Chicago Title Co
Emc Mtg Corp $112,500 Chicago Title Insurance Co
Great Western Bank Fsb $87,114 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odell Timothy J $345,000
Previous Owner Odell Timothy $170,826
Previous Owner Engstrom Harold George $122,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2023 02/07/23 Sold $842,500 -6.3% $575 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $899,000 -- $614 / 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 $15,172 $1,212,066 $832,320 $379,746
2024 $15,172 $1,188,300 $816,000 $372,300
2023 $4,118 $296,889 $173,789 $123,100
2022 $3,872 $291,069 $170,382 $120,687
2021 $3,788 $285,363 $167,042 $118,321
2019 $3,734 $276,901 $162,089 $114,812
2018 $3,597 $271,472 $158,911 $112,561
2016 $3,308 $260,933 $152,742 $108,191
2015 $3,179 $257,014 $150,448 $106,566
2014 $3,164 $251,980 $147,501 $104,479
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve Bogoyevac

    Steven M. Bogoyevac, Broker

    (562) 257-1231

    3 in this area

    89 Total Sales

    Steve Bogoyevac
    Section Image
  • Fleming Trainor

    Buyer's Agent in 2023

    Fleming Trainor

    Sotheby's International Realty

    (626) 660-4186

    1 in this area

    36 Total Sales

    Fleming Trainor
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22232756

California Regional Multiple Listing Service (CRMLS)

APN: 7254-016-007

California Los Angeles County Long Beach 90804 Recreation Park

3815 E 8th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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