NOT LISTED FOR SALE

416 W 8th St Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $764,000 - $923,000

4 Beds
4 Baths
1,918 Sq Ft
$445/Sq Ft Est. Value

Sale Details

Date Sold: June 18, 2020

Last sale price $680,000 $355 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,446 / mo

96 Days on Market

About This Home

As of June 2020

Upgraded classic four unit low maintenance building in the desirable Drake Park neighborhood in newly energized down town Long Beach. Exterior of building including rain gutters was newly painted in December of 2019. Bike to the ocean and the amazing pike and Seaport Village. Easy access to freeways and the metro.

Last Agent to Sell the Property

Carleton Carlson

Re/Max R. E. Specialists License #00908802 Listed on: 01/28/2020

Re/Max R. E. Specialists

Last Buyer's Agent

Angie Nguyen

SoCal AllOffers License #01430602

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 2,500 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Apartment

Interior Spaces

  • 1,918 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Legal Lot and Block 3 / 36
  • Tax Tract Number 36
  • Assessor Parcel Number 7272018011

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,940
  • Gardener Expense $720
  • Insurance Expense $1,823
  • Operating Expense $4,483

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Willmore District (WM)
  • Zoning: LBPD10
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7272018011
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 354.54

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2500.00
  • Lot Size Acres: 0.0574

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Electric Expense: 1940.00
  • Gross Scheduled Income: 45840.00
  • Insurance Expense: 1823.00
  • Lot Size Area: 2500.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Rent Control: Yes
  • Total Expenses: 4483.00

Tax Info

  • Tax Block: 36
  • Tax Census Tract: 5758.02
  • Tax Lot: 3
  • Tax Tract Number: 36

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Apr 30, 2020
Sold by
Bought by
Seller's Agent
Carleton Carlson
Re/Max R. E. Specialists
Buyer's Agent
Angie Nguyen
SoCal AllOffers
List Price
$749,000
Sold Price
$680,000
Premium/Discount to List
-$69,000
-9.21%
Current Estimated Value
$852,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,918
Avg. Annual Appreciation
3.84%
Original Mortgage
$516,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 22, 2004
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,325
Interest Rate
4.3%

Purchase Details

Closed on
Apr 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.74%

Purchase Details

Closed on
Jan 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 1996
Sold by
Bought by

Purchase Details

Closed on
Jan 31, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 1995
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$680,000 Fidelity National Title Co
$655,000 Old Republic Title Company
-- --
-- --
$374,500 Chicago Title Co
$215,000 Equity Title
-- North American Title Co
-- North American Title Co
-- North American Title Co
-- North American Title Co
$123,000 North American Title
-- California Counties Title Co
$43,000 California Counties Title Co
$174,575 Chicago Title
-- Chicago Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $516,000
Previous Owner $524,000
Previous Owner $318,325
Previous Owner $193,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2020 06/18/20 Sold $680,000 -9.2% $355 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $749,000 +10.1% $391 / Sq Ft
01/28/2020 01/28/20 Off Market $680,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,172 $743,674 $481,202 $262,472
2024 $9,737 $729,093 $471,767 $257,326
2023 $9,567 $714,798 $462,517 $252,281
2022 $8,983 $700,784 $453,449 $247,335
2021 $8,797 $687,044 $444,558 $242,486
2020 $10,436 $818,456 $662,267 $156,189
2019 $10,313 $802,409 $649,282 $153,127
2018 $10,062 $786,676 $636,551 $150,125
2016 $9,265 $756,131 $611,834 $144,297
2015 $8,893 $744,774 $602,644 $142,130
2014 $8,840 $730,186 $590,840 $139,346
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carleton Carlson

    RE/MAX

    Section Image
  • Angie Nguyen

    Buyer's Agent in 2020

    Angie Nguyen

    SoCal AllOffers

    (714) 747-8015

    37 Total Sales

    Angie Nguyen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20019592

California Regional Multiple Listing Service (CRMLS)

APN: 7272-018-011

California Los Angeles County Long Beach 90813 Willmore

416 W 8th St, Long Beach, CA

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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