NOT LISTED FOR SALE

40 W 49th St Long Beach, CA 90805

Sutter Neighborhood

Estimated Value: $761,000 - $998,000

4 Beds
2 Baths
1,903 Sq Ft
$460/Sq Ft Est. Value

Sale Details

Date Sold: July 30, 2012

Last sale price $355,000 $187 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $5,212 / mo

14 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Two Homes on a Lot
  • Wood Flooring
  • No HOA
  • Cooling Available

About This Home

As of July 2012

***2-Separate houses on a large lot in high rental area!***Long term tenants on a month-to-month lease. Each house has two spacious bedrooms, extra large closets, full bathrooms and inside laundry hookups. Newer wood floors in the living rooms, hallways, and bedrooms; ceramic tiled flooring in the kitchen and bathrooms. New interior paint, window coverings and fixtures. 2-car detached garage. Good sized front and rear yards are securely fenced. Great property for owner occupancy, or investment!

Last Agent to Sell the Property

Syl Finney

Sylvanus Finney License #01273528 Listed on: 05/31/2012

Last Buyer's Agent

Susana Valdez

Coldwell Banker Envision License #01907405

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,751 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Private Yard
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Turnkey
  • Stucco

Interior Spaces

  • 1,903 Sq Ft Home
  • Track Lighting
  • Blinds
  • Window Screens
  • Living Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Home Security

  • Window Bars
  • Fire and Smoke Detector

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient Construction
  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, exterior maintenance, gas, HVAC maintenance, parking fee, repairs
  • Tax Lot 39
  • Tax Tract Number 5717
  • Assessor Parcel Number 7133032047

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $380
  • Water Sewer Expense $1,200
  • Gross Income $2,715
  • Net Operating Income $31,380

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

6,751 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Security: Smoke Detector(s), Window Bars
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7133032047
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Track Lighting, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Price Per Square Foot: 186.55
  • Room Type: Living Room
  • Window Features: Blinds, Screens

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Garage, On Site
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Green Features

  • Efficiency: Construction

Lot Info

  • Lot Features: Back Yard, Front Yard, Near Public Transit, Yard
  • Lot Size Sq Ft: 6751.00
  • Lot Size Acres: 0.1550

Rental Info

  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas, HVAC Maintenance, Parking Fee, Repairs

Multi Family

  • Gross Income: 2715.00
  • Gross Scheduled Income: 32580.00
  • Insurance Expense: 380.00
  • Lot Size Area: 6751.0000 Square Feet
  • Net Operating Income: 31380.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Actual Rent: 2715.00

Tax Info

  • Tax Lot: 39
  • Tax Tract Number: 5717
  • Tax Year: 2011

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
May 31, 2012
Closed on
Jun 20, 2012
Sold by
Bought by
Seller's Agent
Syl Finney
Sylvanus Finney
Buyer's Agent
Susana Valdez
Coldwell Banker Envision
List Price
$385,000
Sold Price
$355,000
Premium/Discount to List
-$30,000
-7.79%
Current Estimated Value
$875,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$520,119
Avg. Annual Appreciation
6.68%
Original Mortgage
$284,000
Outstanding Balance
$195,152
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$679,967

Purchase Details

Closed on
Apr 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2002
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
$190,400
Interest Rate
6.74%

Purchase Details

Closed on
Mar 25, 1994
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
$148,500
Interest Rate
7.38%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
$355,000 Ticor Title Company
-- None Available
$238,000 Investors Title Company
-- Continental Lawyers Title 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
Closed $284,000
Closed $266,000
Closed $190,400
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
07/30/2012 07/30/12 Sold $355,000 -7.8% $187 / Sq Ft
06/14/2012 06/14/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $385,000 -- $202 / 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 $6,153 $437,146 $258,594 $178,552
2024 $5,837 $428,575 $253,524 $175,051
2023 $5,739 $420,172 $248,553 $171,619
2022 $5,397 $411,934 $243,680 $168,254
2021 $5,283 $403,857 $238,902 $164,955
2020 $5,269 $399,717 $236,453 $163,264
2019 $5,209 $391,880 $231,817 $160,063
2018 $5,003 $384,197 $227,272 $156,925
2016 $4,599 $369,281 $218,448 $150,833
2015 $4,418 $363,735 $215,167 $148,568
2014 $4,315 $356,611 $210,953 $145,658
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Syl Finney

    Sylvanus Finney

    Section Image

  • S

    Buyer's Agent in 2012

    Susana Valdez

    Coldwell Banker Envision

    (562) 961-1400

    Susana Valdez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12068627

California Regional Multiple Listing Service (CRMLS)

APN: 7133-032-047

California Los Angeles County Long Beach 90805 Sutter

40 W 49th St, 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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