$860,000
SOLD DEC 11, 2024
5 Beds
3 Baths
1,814 Sq Ft
7,323 Sq Ft Lot

Recently Sold

$474 Per Sq Ft

1% Above List Price

17 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Granite Countertops
  • Wood Frame Window

About This Home

As of December 2024

Perfect Investment Property! 3 separate houses in one lot. The subject property is located in a well established and desirable residential neighborhood, comprise of similar size and style, homes on average well landscaped site. This area is popular due to it is close proximity to downtown Los Angeles, several freeways, Metro Station, Schools, as well as local shopping/service facilities found within a mile. Private separate entrance and parking area for each unit. Drive by Only, Do Not Disturb tenants.

Last Agent to Sell the Property

Ruth Pineda

Cal-Estate Realty Brokerage Phone: 714-658-5989 License #00922567 Listed on: 09/16/2024

Last Buyer's Agent

Marissa Bacon

eXp Realty of California, Inc. License #02179134

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,187

Year Built

  • Built in 1909

Lot Details

  • 7,323 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 6 Open Parking Spaces
  • Parking Available
  • Driveway Level
  • Assigned Parking

Home Design

  • Triplex
  • Craftsman Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Pillar, Post or Pier Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,814 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Wood Frame Window
  • Window Screens
  • Panel Doors
  • Storage

Kitchen

  • Gas Range
  • Granite Countertops
  • Tile Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 40 / 3
  • Tax Tract Number 2
  • Assessor Parcel Number 7208028024
  • $705 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Wrigley Area Subdivision

Recreation

  • Park
  • Bike Trail

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,700
  • Trash Expense $420
  • Water Sewer Expense $480
  • Operating Expense $1,750
  • Net Operating Income $59,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,187

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 283333
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: HAWKEYES TRACT 2
  • View: No
  • Water Sewer Expenses: 480.00
  • Zoning: LBR1N
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7208028024
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Recessed Lighting, Storage, Tile Counters
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 474.09
  • Room Type: All Bedrooms Down, Kitchen, Main Floor Bedroom
  • Window Features: Screens, Wood Frames

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Block, Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway Level, Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 420.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 7371
  • Lot Size Sq Ft: 7323.00
  • Lot Size Acres: 0.1681

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 435 Square Feet
  • Average2 Bed Area: 690 Square Feet
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1700.00
  • Lot Size Area: 7323.0000 Square Feet
  • Net Operating Income: 59400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Actual Rent: 62750.00
  • Total Expenses: 1750.00

Tax Info

  • Tax Area: 5-500
  • Tax Block: 3
  • Tax Census Tract: 5732.02
  • Tax Lot: 40
  • Tax Rate: 1.24
  • Tax Tract Number: 2
  • Tax Annual Amount: 9187.17
  • Tax Year: 2023
  • TaxOtherAnnualAssessmentAmount: 705.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Wisner William L and Wisner Sokha P
Bought by
Prak Khien and Meng Vanny
Current Estimated Value
$874,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2017
Sold by
Wisner William L and Wisner Sokha P
Bought by
Wisner William L and Wisner Sokha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2012
Sold by
Wisner Sokha P
Bought by
Wisner William L and Wisner Sokha P

Purchase Details

Closed on
Sep 12, 2007
Sold by
Wisner William L and Wisner Sokha P
Bought by
Wisner Sokha P

Purchase Details

Closed on
Jun 13, 2005
Sold by
Martinez Dennis and Martinez Maria P
Bought by
Wisner William L and Wisner Sokha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 9, 2003
Sold by
Martinez Dennis and Martinez Maria
Bought by
Martinez Dennis and Martinez Maria P

Purchase Details

Closed on
Oct 19, 2001
Sold by
Martinez Dennis and Martinez Maria
Bought by
Martinez Dennis and Martinez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $860,000 Chicago Title Company
Grant Deed $860,000 Chicago Title Company
Interfamily Deed Transfer -- Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $519,000 First American Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- American Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $645,000 New Conventional
Previous Owner $402,500 New Conventional
Previous Owner $389,250 Fannie Mae Freddie Mac
Previous Owner $120,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Sold $860,000 +1.2% $474 / Sq Ft
10/03/2024 10/03/24 Pending -- -- --
09/16/2024 09/16/24 For Sale $850,000 -- $469 / 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 $9,345 $860,000 $560,000 $300,000
2024 $9,345 $695,332 $401,928 $293,404
2023 $9,187 $681,699 $394,048 $287,651
2022 $8,634 $668,333 $386,322 $282,011
2021 $8,461 $655,230 $378,748 $276,482
2020 $8,440 $648,513 $374,865 $273,648
2019 $7,607 $575,000 $336,200 $238,800
2018 $6,643 $510,000 $298,200 $211,800
2016 $5,535 $440,000 $257,300 $182,700
2015 $4,999 $405,000 $236,800 $168,200
2014 $4,441 $350,000 $204,600 $145,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24189467

California Regional Multiple Listing Service (CRMLS)

APN: 7208-028-024