NOT LISTED FOR SALE

3914 N Virginia Rd Long Beach, CA 90807

Los Cerritos Neighborhood

Estimated Value: $1,361,200

5 Beds
4 Baths
2,550 Sq Ft
$534/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2013

Last sale price $673,000 $264 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $8,335 / mo

58 Days on Market

About This Home

As of August 2013

3911 Long Beach Blvd. is an opportunity for both investors and an owner / user
to obtain a great asset in Bixby Knolls, one of the most desirable locations in Long
Beach, CA. With convenient access to the 405 / 710 freeway, the property is well
situated on Long Beach Blvd., a major thoroughfare.

Last Agent to Sell the Property

Stephen Heri

S A Heri, Inc. License #01871726 Listed on: 06/30/2013

Last Buyer's Agent

Richard Beale

Beale Properties License #00613671

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,189 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 1 Parking Space

Home Design

  • 2,550 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7139013020

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $2,000
  • Other Expense $5,400
  • New Taxes Expense $8,400
  • Gross Income $4,385
  • Net Operating Income $35,541

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

3,189 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Bixby Terrace (BT)
  • Property Type: Residential Income
  • Parcel Number: 7139013020
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 263.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3189.00
  • Lot Size Acres: 0.0730

Multi Family

  • Gross Income: 4385.00
  • Gross Scheduled Income: 52620.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 3189.0000 Square Feet
  • Net Operating Income: 35541.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 4
  • Operating Expense: 17300.00
  • Other Expense: 5400.00
  • Other Expense Description: Utility
  • Other Income Description: Potential Storage Income
  • Rent Control: No
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8400.00
  • Taxes Percent: 1.20
  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2012

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2013
Closed on
Aug 9, 2013
Sold by
Bought by
Seller's Agent
Stephen Heri
S A Heri, Inc.
Buyer's Agent
Richard Beale
Beale Properties
List Price
$725,000
Sold Price
$673,000
Premium/Discount to List
-$52,000
-7.17%
Current Estimated Value
$1,361,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$688,200
Avg. Annual Appreciation
5.68%

Purchase Details

Closed on
Feb 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
5.77%
Mortgage Type
Commercial
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$673,006 Commonwealth Land Title Co
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $322,500
Closed $258,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2013 08/31/13 Sold $673,000 -7.2% $264 / Sq Ft
08/27/2013 08/27/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $725,000 -- $284 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,884 $824,995 $312,590 $512,405
2024 $11,332 $808,819 $306,461 $502,358
2023 $11,132 $792,960 $300,452 $492,508
2022 $10,467 $777,412 $294,561 $482,851
2021 $10,224 $762,170 $288,786 $473,384
2019 $10,186 $739,566 $280,221 $459,345
2018 $9,904 $725,066 $274,727 $450,339
2016 $9,100 $696,912 $264,060 $432,852
2015 $8,751 $686,445 $260,094 $426,351
2014 $8,686 $673,000 $255,000 $418,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Stephen Heri

    S A Heri, Inc.

  • Richard Beale

    Buyer's Agent in 2013

    Richard Beale

    Beale Properties

    (650) 465-5000

    18 Total Sales

    Richard Beale
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13128968

California Regional Multiple Listing Service (CRMLS)

APN: 7139-013-020

California Los Angeles County Long Beach 90807 Los Cerritos

3914 N Virginia Rd, Long Beach, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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