NOT LISTED FOR SALE

4030 E Ransom St Long Beach, CA 90804

Bryant Neighborhood

Estimated Value: $1,253,000 - $1,651,339

6 Beds
4 Baths
2,370 Sq Ft
$625/Sq Ft Est. Value

Last Sold June 16, 2022

Last sale price $1,400,000 $591 Per Sq Ft

Current estimated payment $8,844/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Auto Driveway Gate
  • Traditional Architecture
  • Woodrow Wilson High School Rated A
  • Fireplace in Bathroom
  • No HOA

About This Home

As of June 2022

INTRODUCING 4030 E RANSOM ST! A beautiful triplex on a spectacular street in the Traffic Circle area of Long Beach. A charming home in the front with two more units at the rear. A detached two car garage with laundry room. Two single car garages in rear building. A large driveway with room for several cars and an RV all behind an automatic gate! A second laundry room in rear building to support the units. The front Craftsman House is a 3 Bedroom, 2 Bath with hardwood flooring. A large master bedroom with private bath. Light & bright kitchen with pantry. Additional entry door from kitchen to driveway and fully paid solar. Rear, Detached Duplex features an upper 2 bedroom, 1 bath unit with an office next to kitchen that could function as a third bedroom. Lower Studio Unit is cozy and quaint with granite counters, ample cupboard space a nice bathroom and private outdoor patio space. Plenty of outdoor space for all tenants to enjoy! All utilities are separately metered from front house and rear duplex. This is a great opportunity with incredible upside!

Last Agent to Sell the Property

Matthew St. Marseille

First Team Real Estate License #01768444 Listed on: 04/14/2022

First Team Real Estate

Last Buyer's Agent

Jerry Mladenik

Redfin License #00982920

Redfin

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,532 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 4 Car Garage
  • 8 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway Level
  • Auto Driveway Gate
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Additions or Alterations
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,370 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Tile Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 23
  • Assessor Parcel Number 7253020023

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Circle Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • Other Expense $1,300
  • Operating Expense $1,800
  • Gross Income $6,000
  • Net Operating Income $58,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Circle (CA)
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations
  • Property Type: Residential Income
  • Parcel Number: 7253020023
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Bath, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 590.72
  • Room Type: Laundry, Living Room
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Good Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Driveway, Concrete, Driveway Level, Garage, Garage - Single Door, Garage - Two Door, Gated, RV Access/Parking
  • Total Parking Spaces: 12.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 6532.00
  • Lot Size Acres: 0.1500

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 770 Square Feet
  • Average3 Bed Area: 1200 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Operating Income: 6000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6532.0000 Square Feet
  • Net Operating Income: 58200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Operating Expense: 1800.00
  • Operating Expense Percent: 3.00
  • Other Expense: 1300.00
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Total Expenses: 1800.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Hale Shannon
Bought by
Hale Family Trust and Hale
Current Estimated Value
$1,395,674

Purchase Details

Closed on
Oct 10, 2020
Sold by
Hale Billy L and Hale Paulette R
Bought by
Hale Billy L and Hale Paulette R

Purchase Details

Closed on
Aug 17, 2015
Sold by
Hale Billy L and Hale Paulette R
Bought by
The Hale 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
$502,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2015
Sold by
Hale Billy L and Hale Paulette R
Bought by
Hale Billy L and Hale Paulette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2013
Sold by
Hale Billy and Hale Paulette
Bought by
Hale Shannon and Hale Anthony

Purchase Details

Closed on
Oct 14, 2007
Sold by
Hale Billy and Hale Paulette
Bought by
Hale Billy L and Hale Paulette R

Purchase Details

Closed on
Oct 24, 2001
Sold by
Baney Edward Ray R and Baney Guy R
Bought by
Hale Bill and Hale Paulette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,200
Interest Rate
6.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Hale Family Trust -- Western Resources Title
Hale Billy L -- Stewart Title Of California
The Hale Family Trust -- Accommodation
Hale Billy L -- Fidelity National Title
Hale Billy L -- Fidelity National Title
Hale Shannon -- None Available
Hale Billy L -- None Available
Hale Bill $369,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hale Billy L $502,500
Previous Owner Hale Bill $295,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $1,400,000 +2.9% $591 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $1,359,999 -- $574 / 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 $18,647 $1,485,690 $1,008,147 $477,543
2024 $18,647 $1,456,560 $988,380 $468,180
2023 $18,340 $1,428,000 $969,000 $459,000
2022 $6,667 $513,665 $278,411 $235,254
2021 $6,445 $503,594 $272,952 $230,642
2020 $6,426 $498,432 $270,154 $228,278
2019 $6,351 $488,659 $264,857 $223,802
2018 $6,089 $479,078 $259,664 $219,414
2016 $5,590 $460,477 $249,582 $210,895
2015 $5,367 $453,562 $245,834 $207,728
2014 $5,334 $444,678 $241,019 $203,659
Source: Public Records

Agents Affiliated with this Home

  • Matthew St. Marseille

    Seller's Agent in 2022

    Matthew St. Marseille

    First Team Real Estate

    (714) 396-0836

    1 in this area

    22 Total Sales

    Matthew St. Marseille
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22075334

California Regional Multiple Listing Service (CRMLS)

APN: 7253-020-023

California Los Angeles County Long Beach 90804 Bryant

4030 E Ransom St, Long Beach, CA

Not Listed for Sale

MultiFamily

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