NOT LISTED FOR SALE

Estimated Value: $789,434 - $906,000

4 Beds
2 Baths
1,931 Sq Ft
$436/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $630,000 $326 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,124/month

39 Days on Market

About This Home

As of February 2019

DROPED PRICE $20K!!!! GREAT LOCATION. CLOSE TO SHOPPING ,RESTAURANTS , SCHOOLS, 405 & 710 FREEWAYS.
$1800 RENT FOR FRONT UNIT, 2 BEDROOMS 2 BATH. SECOND UNIT 2 BEDROOMS 2 BATH +DEN THAT CAN BE USED AS 3 RD BEDROOM RENTS FOR $2,100 . Each unit has there own gas meter and Electrical meter. Units has been fully remodeled with City permits. Great for an investment or live in one and rent the other.

Last Agent to Sell the Property

Leslie Carmona Singer

Hollywood Stars Realty License #01894047 Listed on: 12/07/2018

Last Buyer's Agent

John Alden

Alden Pacific Investments, Inc. License #02114291

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 2,843 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Interior Spaces

  • 1,931 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 2
  • Assessor Parcel Number 7209012011

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Gross Income $46,800
  • Net Operating Income $45,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBPD29
  • Property Type: Residential Income
  • Parcel Number: 7209012011
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 326.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2843.00
  • Lot Size Acres: 0.0653

Multi Family

  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 2843.0000 Square Feet
  • Net Operating Income: 45300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1500.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5732.02
  • Tax Lot: 14
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Feb 21, 2019
Sold by
Bowker Chih Ying
Bought by
Bowker Michael J
Seller's Agent
Leslie Carmona Singer
Hollywood Stars Realty
Buyer's Agent
John Alden
Alden Pacific Investments, Inc.
List Price
$640,000
Sold Price
$630,000
Premium/Discount to List
-$10,000
-1.56%
Current Estimated Value
$842,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,359
Avg. Annual Appreciation
4.29%
Original Mortgage
$643,545
Outstanding Balance
$560,003
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$282,356

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 22, 2019
Sold by
Martinez Rogelio and Martinez Rosa
Bought by
Bowker Michael J
Seller's Agent
Leslie Carmona Singer
Hollywood Stars Realty
Buyer's Agent
John Alden
Alden Pacific Investments, Inc.
List Price
$640,000
Sold Price
$630,000
Premium/Discount to List
-$10,000
-1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,545
Outstanding Balance
$560,003
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$282,356

Purchase Details

Closed on
Apr 18, 2005
Sold by
Nguyen Long Anh
Bought by
Martinez Rogelio and Martinez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 16, 2004
Sold by
Nguyen Long Anh
Bought by
Nguyen Long Anh and Nguyen Tai Anh

Purchase Details

Closed on
Apr 28, 2004
Sold by
Stevenson Brion K
Bought by
Stevenson La Ronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2004
Sold by
Wallace Arminta
Bought by
Nguyen Long Anh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 1999
Sold by
Stevenson Brian
Bought by
Stevenson Laronda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,770
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 1999
Sold by
Sims Charles
Bought by
Wallace Arminta and Wallace Relonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,770
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 4, 1997
Sold by
Schaerer Rodney C
Bought by
Sims Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.05%
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
Bowker Michael J -- Orange Coast Title Co
Bowker Michael J $630,000 Orange Coast Title Co
Martinez Rogelio $445,000 United Title Company
Nguyen Long Anh -- --
Stevenson La Ronda -- --
Nguyen Long Anh $365,000 United Title Company-La
Stevenson Laronda -- Lawyers Title Company
Wallace Arminta $185,000 Lawyers Title Company
Sims Charles $90,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowker Michael J $643,545
Previous Owner Martinez Rogelio $356,000
Previous Owner Nguyen Long Anh $292,000
Previous Owner Wallace Arminta $183,770
Previous Owner Sims Charles $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2019 02/25/19 Sold $630,000 -1.6% $326 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $640,000 -- $331 / 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 $9,003 $702,773 $334,654 $368,119
2024 $9,003 $688,994 $328,093 $360,901
2023 $8,853 $675,485 $321,660 $353,825
2022 $8,310 $662,241 $315,353 $346,888
2021 $8,143 $649,257 $309,170 $340,087
2019 $6,453 $500,000 $300,000 $200,000
2018 $6,382 $500,000 $300,000 $200,000
2016 $5,282 $430,000 $258,000 $172,000
2015 $4,863 $405,000 $243,000 $162,000
2014 $4,923 $405,000 $243,000 $162,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18287508

California Regional Multiple Listing Service (CRMLS)

APN: 7209-012-011