4141 E 7th St Long Beach, CA 90804
Recreation Park Neighborhood
4
Beds
2
Baths
1,140
Sq Ft
2,701
Sq Ft Lot
About This Home
As of December 2024Great mixed use property, commercial and residential in one lot, live in back and do business in front, parking area in-between, very convenience. Office/business in front currently is Skin/Body Spa ($950/month) and 2 bedrooms and 1 bath house ($1,200/month) in the back, both occupied and good tenants. Very nice condition and good location to do business and live in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,695
Year Built
- Built in 1958
Parking
- 4 Parking Spaces
Home Design
- 1,140 Sq Ft Home
- Stucco
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- 2,701 Sq Ft Lot
- No Heating
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 7254021035
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $40
- Insurance Expense $700
- Water Sewer Expense $35
- Gross Income $2,150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2024
Closed on
Oct 31, 2024
Sold by
Pilgrims Way Llc
Bought by
Zhou Alicia and Wang Huihui
Seller's Agent
Mary Ryan
Pacific Sotheby's Int'l Realty
Buyer's Agent
Christian Humbert
Coldwell Banker Realty
List Price
$989,000
Sold Price
$970,000
Premium/Discount to List
-$19,000
-1.92%
Total Days on Market
684
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$978
Avg. Annual Appreciation
-0.24%
Original Mortgage
$952,430
Interest Rate
6.72%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 15, 2021
Closed on
Feb 2, 2022
Sold by
Anna Ruth Gipson Revocable Trust
Bought by
Pilgrims Way Llc
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Mark Reavis
Reavis Realty
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%
Purchase Details
Listed on
Sep 15, 2021
Closed on
Dec 21, 2021
Sold by
Leimert Investment Company
Bought by
Anna Ruth Gipson Revocable Trust
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Mark Reavis
Reavis Realty
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Purchase Details
Listed on
Sep 17, 2010
Closed on
Aug 7, 2012
Sold by
Mai Dung H
Bought by
Leimert Investment Company
Seller's Agent
Gina Nguyen
A A Realty
Buyer's Agent
Guillermo Rodriguez
Guillermo Rodriguez, Broker
List Price
$429,900
Sold Price
$399,900
Premium/Discount to List
-$30,000
-6.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Purchase Details
Closed on
Dec 27, 2010
Sold by
Chapati Group Llc
Bought by
Mai Dung H
Purchase Details
Closed on
Dec 1, 2005
Sold by
Mai Dung
Bought by
Chapati Group Llc
Purchase Details
Closed on
Aug 18, 2005
Sold by
Nguyen Gina
Bought by
Mai Dung H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 7, 2005
Sold by
Ronin Investments Inc
Bought by
Mai Dung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.61%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 1, 2003
Sold by
Aragon Luis and Aragon Irene
Bought by
Ronin Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 17, 2003
Sold by
Kityk Jerry and Estate Of Joyce L Cummings
Bought by
Aragon Luis and Aragon Irene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,500
Interest Rate
6.14%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 24, 1994
Sold by
Mai Tien L H
Bought by
Mai Dung H
Map
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Similar Home in Long Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $970,000 | Lawyers Title Company | |
| Quit Claim Deed | -- | Law Office Of Randy Spiro | |
| Grant Deed | $645,000 | Old Republic Title | |
| Grant Deed | $400,000 | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $484,500 | Chicago Title Co | |
| Individual Deed | -- | Orange Coast Title | |
| Grant Deed | $235,000 | Stewart Title Of Ca Inc | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $952,430 | FHA | |
| Previous Owner | $305,000 | Commercial | |
| Previous Owner | $110,000 | Commercial | |
| Previous Owner | $117,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2024 12/17/24 | Sold | $970,000 | -1.9% | $865 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 10/14/2024 10/14/24 | For Sale | $989,000 | +53.3% | $882 / Sq Ft |
| 01/21/2022 01/21/22 | Sold | $645,000 | -0.8% | $575 / Sq Ft |
| 12/20/2021 12/20/21 | Pending | -- | -- | -- |
| 12/06/2021 12/06/21 | For Sale | $650,000 | 0.0% | $580 / Sq Ft |
| 11/01/2021 11/01/21 | Pending | -- | -- | -- |
| 09/15/2021 09/15/21 | For Sale | $650,000 | +62.5% | $580 / Sq Ft |
| 09/04/2012 09/04/12 | Sold | $399,900 | -7.0% | $351 / Sq Ft |
| 08/01/2012 08/01/12 | Pending | -- | -- | -- |
| 09/17/2010 09/17/10 | For Sale | $429,900 | -- | $377 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2024 | $8,695 | $671,058 | $421,362 | $249,696 |
| 2023 | $8,550 | $657,900 | $413,100 | $244,800 |
| 2022 | $5,871 | $464,036 | $348,117 | $115,919 |
| 2021 | $5,754 | $454,939 | $341,292 | $113,647 |
| 2020 | $5,740 | $450,275 | $337,793 | $112,482 |
| 2019 | $5,673 | $441,447 | $331,170 | $110,277 |
| 2018 | $5,499 | $432,792 | $324,677 | $108,115 |
| 2016 | $5,062 | $415,988 | $312,070 | $103,918 |
| 2015 | $4,858 | $409,741 | $307,383 | $102,358 |
| 2014 | $4,820 | $401,715 | $301,362 | $100,353 |
Source: Public Records
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: P752795
APN: 7254-021-035
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