NOT LISTED FOR SALE

414 E Esther St Long Beach, CA 90813

Central Neighborhood

Estimated Value: $1,209,000 - $1,621,000

8 Beds
8 Baths
3,672 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 19, 2017

Last sale price $935,000 $255 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,723/month

3 Days on Market

Highlights

  • Laundry Room
  • 3-minute walk to Pacific Coast Highway Station
  • Front Yard
  • Long Beach Polytechnic High School Rated A

About This Home

As of September 2017

Great opportunity to own income property! This is a 4 unit property. Two separate buildings with 4 carport parking. All 4 units have 2 bedrooms and 2 bathrooms each. It also includes a coin operated laundry room very convenient to the tenants. Within walking distance to the metro station and minutes away from Downtown Long Beach. Take a look at it TODAY!

Last Agent to Sell the Property

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 07/28/2017

Keller Williams Beverly Hills

Last Buyer's Agent

Adrian Cafuentes

Keller Williams Beverly Hills License #01801444 Listed on: 07/28/2017

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 6,762 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 7269021035

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBPD29
  • Property Type: Residential Income
  • Parcel Number: 7269021035
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 254.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • 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: Front Yard
  • Lot Size Sq Ft: 6762.00

Multi Family

  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5753.00
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2022
Sold by
Naiyuan Chang Nick
Bought by
Chang Vicky Yun and Chao Kelly
Current Estimated Value
$1,448,442

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 9, 2017
Sold by
Tang Binh
Bought by
Chang Nick Naiyuan and Chang Vicky Yun
Seller's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
Buyer's Agent
Adrian Cafuentes
Keller Williams Beverly Hills
List Price
$929,000
Sold Price
$935,000
Premium/Discount to List
$6,000
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$701,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Gail Terrace Properties Llc
Bought by
Tang Binh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2004
Sold by
Jones Steven
Bought by
Gail Terrace Properties Llc

Purchase Details

Closed on
Aug 26, 2003
Sold by
Labastida Noel and Labastida Gina
Bought by
Jones Steven

Purchase Details

Closed on
Oct 22, 2002
Sold by
Hud
Bought by
Labastida Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,400
Interest Rate
7.25%

Purchase Details

Closed on
Aug 16, 2002
Sold by
First Horizon Home Loan Corp
Bought by
Hud

Purchase Details

Closed on
Apr 9, 2002
Sold by
Carmona Alfredo and Carmona Marcos A
Bought by
First Horizon Home Loan Corp and Ft Mtg Companies

Purchase Details

Closed on
Feb 7, 2000
Sold by
Carmona Tracy L
Bought by
Carmona Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,623
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 1998
Sold by
Carmona Alfredo and Carmona Marcos A
Bought by
Carmona Marcos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,665
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 1998
Sold by
Gomez Jose R
Bought by
Carmona Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,925
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 1998
Sold by
Carmona Juana
Bought by
Carmona Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,925
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 29, 1996
Sold by
Avila Orlando
Bought by
Gomez Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,221
Interest Rate
8.33%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1996
Sold by
Ge Capital Mtg Service Inc
Bought by
Avila Orlando and Avila Armiriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,221
Interest Rate
8.33%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1996
Sold by
The Bank Of New York
Bought by
Ge Capital Mtg Services Inc

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
3.95%

Purchase Details

Closed on
Jul 17, 1995
Sold by
Ruiz Roland F and Ruiz Alice R
Bought by
Pacific Properties Inc
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
Chang Vicky Yun -- Accommodation/Courtesy Recordi
Chang Nick Naiyuan $935,000 Pacific Coast Title Company
Tang Binh $725,000 Fidelity National Title Co
Gail Terrace Properties Llc -- --
Jones Steven $581,000 Security Union Title
Labastida Noel $431,000 Southland
Hud -- First American Title Ins Co
First Horizon Home Loan Corp $347,310 First American Title Ins Co
Carmona Alfredo -- Southland Title Corporation
Carmona Marcos A -- Provident Title
Carmona Alfredo $295,000 Benefit Land Title Company
Carmona Alfredo -- Benefit Land Title Company
Gomez Jose R $210,000 Old Republic Title Company
Avila Orlando $160,000 Stewart Title
Ge Capital Mtg Services Inc -- Stewart Title
Pacific Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Nick Naiyuan $701,250
Previous Owner Tang Binh $543,750
Previous Owner Labastida Noel $344,400
Previous Owner Carmona Alfredo $295,623
Previous Owner Carmona Marcos A $288,665
Previous Owner Carmona Alfredo $279,925
Previous Owner Gomez Jose R $203,221
Previous Owner Avila Orlando $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2017 09/19/17 Sold $935,000 +0.6% $255 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $929,000 -- $253 / 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 $13,883 $1,063,866 $341,347 $722,519
2024 $13,883 $1,043,006 $334,654 $708,352
2023 $14,489 $1,090,038 $457,371 $632,667
2022 $12,821 $1,002,507 $321,660 $680,847
2021 $12,557 $982,851 $315,353 $667,498
2019 $12,379 $953,700 $306,000 $647,700
2018 $11,991 $935,000 $300,000 $635,000
2016 $7,895 $635,000 $352,200 $282,800
2015 $7,691 $635,000 $352,200 $282,800
2014 $7,109 $575,000 $318,900 $256,100
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Adrian Cafuentes

    Keller Williams Beverly Hills

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17172941

California Regional Multiple Listing Service (CRMLS)

APN: 7269-021-035

California Los Angeles County Long Beach 90813 Central

414 E Esther St, Long Beach, CA

Not Listed for Sale

MultiFamily

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