NOT LISTED FOR SALE

Estimated Value: $792,000 - $859,000

4 Beds
2 Baths
1,780 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $466,000 $262 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,154/month

18 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Central Heating and Cooling System
  • 2 Car Garage
  • No HOA

About This Home

As of August 2017

GREAT OPPORTUNITY FOR SOME AMAZING CASH FLOW! LIVE IN ONE AND RENT THE OTHER! ONE UNIT IS A 3 BEDROOM / 1 BATH AND THE OTHER UNIT IS A 2 BEDROOM /1 BATH.

Last Agent to Sell the Property

Sonia Davalos

Realty Executives-All Cities License #02003499 Listed on: 04/18/2017

Last Buyer's Agent

Martin Gonzalez

Realty Executives All Cities License #01204139

Realty Executives All Cities

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,038

Year Built

  • Built in 1946

Lot Details

  • 5,909 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,780 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 3
  • Tax Tract Number 5992
  • Assessor Parcel Number 7125015002

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,000
  • New Taxes Expense $854
  • Operating Expense $2,854
  • Gross Income $16,800
  • Net Operating Income $18,146

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,038

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7125015002
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 261.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5909.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average3 Bed Area: 1400 Square Feet
  • Gross Income: 16800.00
  • Gross Scheduled Income: 21000.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 18146.00
  • 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: 2854.00
  • Rent Control: No
  • Total Expenses: 2854.00

Tax Info

  • New Taxes Expense: 854.00
  • Tax Lot: 3
  • Tax Tract Number: 5992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2021
Sold by
Gonzalez Martin A and Martin A Gonzalez Revocable Li
Bought by
Trujillo Anthony Andrew
Current Estimated Value
$824,395

Purchase Details

Closed on
Apr 28, 2020
Sold by
Gonzalez Martin A
Bought by
Gonzalez Martin A and Martin A Gonzalez Revocable Li

Purchase Details

Closed on
Dec 26, 2017
Sold by
Trujillo Anthony Andrew
Bought by
Trujillo Anthony Andrew and Gonzalez Martin A

Purchase Details

Closed on
May 26, 2017
Sold by
Lawrence Patricia Lenora
Bought by
Foley John Buffum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,559
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2017
Sold by
Foley John Buffum and Patricia L Lawrence Living Tru
Bought by
Trujillo Anthony Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,559
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2007
Sold by
Lawrence Patricia
Bought by
Lawrence Patricia L and The Patricia L Lawrence Living

Purchase Details

Closed on
May 30, 2006
Sold by
Watkins Lillie V and Watkins Jack A
Bought by
Lawrence Patricia
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Trujillo Anthony Andrew -- Accommodation
Gonzalez Martin A -- None Available
Trujillo Anthony Andrew -- None Available
Trujillo Anthony Andrew $466,000 Usa National Title Co
Lawrence Patricia L -- None Available
Lawrence Patricia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trujillo Anthony Andrew $457,559
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2017 08/01/17 Sold $466,000 -6.8% $262 / Sq Ft
04/18/2017 04/18/17 For Sale $500,000 -- $281 / 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 $8,038 $617,962 $363,571 $254,391
2024 $8,038 $605,846 $356,443 $249,403
2023 $7,904 $593,967 $349,454 $244,513
2022 $7,425 $582,321 $342,602 $239,719
2021 $6,555 $510,346 $300,111 $210,235
2020 $6,538 $505,114 $297,034 $208,080
2019 $6,462 $495,210 $291,210 $204,000
2018 $5,977 $466,000 $266,000 $200,000
2016 $854 $53,381 $19,441 $33,940
2015 $827 $52,580 $19,149 $33,431
2014 $834 $51,551 $18,774 $32,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17083316

California Regional Multiple Listing Service (CRMLS)

APN: 7125-015-002