NOT LISTED FOR SALE

4131 E 4th St Long Beach, CA 90814

Belmont Heights Neighborhood

Estimated Value: $1,280,000 - $1,644,000

6 Beds
5 Baths
2,819 Sq Ft
$529/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $1,175,000 $417 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $9,266/month

5 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Laundry Room
  • Fremont Elementary School Rated A

About This Home

As of December 2020

Rare Quadruplex with Front House: 3bd/2ba with Attached Garage (see listing agent). Rear Units are all Remodeled 1bd/1ba, with New Paint and Plumbing Throughout, also have Paved Side Yards for Pets! Beautiful Rear Courtyard with Orange Tree and Seating, Features Long Driveway with Assigned Parking!

-Subject to Inspection After Acceptable Offer Received
-Termite Report Provided with Closing.

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 10/26/2020

Last Buyer's Agent

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 10/26/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,362

Year Built

  • Built in 1921

Lot Details

  • 6,762 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway Level
  • Assigned Parking

Home Design

  • 2,819 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 7255019028

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Belmont Heights Subdivision

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,833
  • Insurance Expense $792
  • Trash Expense $350
  • Water Sewer Expense $1,632
  • New Taxes Expense $5,490
  • Operating Expense $70,290
  • Gross Income $94,020
  • Net Operating Income $23,730

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,362

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Inclusions: Front House Washer & Dryer Included
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • Water Sewer Expenses: 1632.00
  • Zoning: LBCNR
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7255019028
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Price Per Square Foot: 416.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway Level
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Sewer Paid
  • Trash Expense: 350.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6762.00
  • Lot Size Acres: 0.1552

Multi Family

  • Electric Expense: 2833.00
  • Gross Income: 94020.00
  • Gross Scheduled Income: 94020.00
  • Insurance Expense: 792.00
  • Lot Size Area: 6762.0000 Square Feet
  • Net Operating Income: 23730.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 70290.00
  • Rent Control: Yes
  • Total Actual Rent: 7835.00
  • Total Expenses: 70290.00

Tax Info

  • New Taxes Expense: 5490.00
  • Tax Census Tract: 5771.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Nov 4, 2020
Sold by
Boren Larry L and Boren Lynn E
Bought by
Jones Christopher and Jones Nicole
Seller's Agent
Larry Boren
LB Brokerage, Inc
Buyer's Agent
Larry Boren
LB Brokerage, Inc
List Price
$1,290,000
Sold Price
$1,175,000
Premium/Discount to List
-$115,000
-8.91%
Current Estimated Value
$1,490,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,423
Avg. Annual Appreciation
5.06%
Original Mortgage
$1,153,717
Outstanding Balance
$1,026,644
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$463,779

Purchase Details

Closed on
Jul 28, 2017
Sold by
Boren Larry L and Boren Lynn E
Bought by
Boren Larry L and Boren Lynn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2005
Sold by
Boren Larry L and Boren Lynn E
Bought by
Boren Larry L and Boren Lynn E
Source: Public Records

Range of Values:

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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
Jones Christopher $1,175,000 Ticor Title
Boren Larry L -- Progressive Title
Boren Larry L -- Progressive Title Company
Boren Larry L -- Progressive Title Company
Boren Larry L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Christopher $1,153,717
Previous Owner Boren Larry L $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2020 12/16/20 Sold $1,175,000 -8.9% $417 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $1,290,000 -- $458 / 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 $16,362 $1,271,857 $822,648 $449,209
2024 $16,362 $1,246,919 $806,518 $440,401
2023 $16,087 $1,222,470 $790,704 $431,766
2022 $15,102 $1,198,500 $775,200 $423,300
2021 $14,803 $1,175,000 $760,000 $415,000
2020 $5,490 $390,601 $234,185 $156,416
2019 $5,428 $382,949 $229,594 $153,355
2018 $5,187 $375,447 $225,093 $150,354
2016 $4,770 $360,581 $216,353 $144,228
2015 $4,589 $355,166 $213,104 $142,062
2014 $4,577 $348,210 $208,930 $139,280
Source: Public Records

Agents Affiliated with this Home

  • Larry Boren

    Seller's Agent in 2020

    Larry Boren

    LB Brokerage, Inc

    (562) 900-3888

    2 in this area

    11 Total Sales

    Larry Boren
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20226256

California Regional Multiple Listing Service (CRMLS)

APN: 7255-019-028

California Los Angeles County Long Beach 90814 Belmont Heights

4131 E 4th St, Long Beach, CA

This home is located at 4131 E 4th St, Long Beach, CA 90814 since 26 October 2020 and is currently estimated at $1,490,423, approximately $528 per square foot. This property was built in 1921. 4131 E 4th St is a home located in Los Angeles County with nearby schools including Fremont Elementary School, Rogers Middle School, and Woodrow Wilson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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