NOT LISTED FOR SALE

420 E Platt St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $606,819 - $852,000

1 Bed
1 Bath
931 Sq Ft
$748/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $320,000 $344 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,171/month

111 Days on Market

About This Home

As of December 2016

HUGE PRICE REDUCTION!!! 2 Units, 1 bed/1 bath each unit. Attached garage and a private yard at the back. Great investment or live in one while renting out the other unit. Come check this one out!

Last Agent to Sell the Property

Antonina Morofuji

Keller Williams South Bay License #01413899 Listed on: 04/19/2016

Keller Williams South Bay

Last Buyer's Agent

IGNACIO CORTEZ

ALTICORE REALTY License #01088594

ALTICORE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1956

Lot Details

  • 2,251 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 931 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 771
  • Tax Tract Number 5134
  • Assessor Parcel Number 7130007004

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,880
  • Net Operating Income $21,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,897

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Property Type: Residential Income
  • Parcel Number: 7130007004
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 343.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 2251.00
  • Price Per Lot Square Foot: 144.38

Multi Family

  • Gross Income: 1880.00
  • Gross Scheduled Income: 22560.00
  • Net Operating Income: 21560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 771
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2016
Sold by
Lynch Jorge A
Bought by
Cornejo Isidro
Current Estimated Value
$695,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2008
Sold by
Avelo Mortgage Llc
Bought by
Lynch Jorge A and Lynch Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2008
Sold by
Prillwitz Fabiola
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Nov 13, 2006
Sold by
El Ayache Bassam H
Bought by
Prillwitz Fabiola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.09%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 29, 2005
Sold by
Lau Tsui Lan
Bought by
El Ayache Bassam H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2003
Sold by
Santi Miguel J
Bought by
El Ayache Bassam H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 2002
Sold by
Hoque Adbul
Bought by
Santi Miguel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.08%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Hud
Bought by
Hoque Abdul and Azad Abul K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,370
Interest Rate
7.12%

Purchase Details

Closed on
Jun 7, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Feb 23, 2000
Sold by
Navas Leonid O
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Oct 2, 1997
Sold by
Maldonado Juan Carlos
Bought by
Navas Leonid O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,487
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 1997
Sold by
American Svgs Bank Fa
Bought by
Maldonado Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,503
Interest Rate
7.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1997
Sold by
Bates Christina A
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
May 16, 1994
Sold by
Vanlizzen Dwayne
Bought by
Bates Christina A
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
Cornejo Isidro $320,000 Ticor Title Co
Lynch Jorge A $285,000 Lsi Title Agency
Avelo Mortgage Llc $219,000 None Available
Prillwitz Fabiola $510,000 Ticor Title Co Glendale
El Ayache Bassam H -- Lawyers Title Company
El Ayache Bassam H $235,000 Orange Coast
Santi Miguel J $140,000 Bridgespan Title
Hoque Abdul $99,500 --
Hoque Abdul -- --
Hud $143,097 --
Homeside Lending Inc $143,097 Fidelity National Title Ins
Navas Leonid O $135,000 Benefit Land Title
Maldonado Juan Carlos $87,000 Benefit Title
American Svgs Bank Fa $75,000 Stewart Title
Bates Christina A -- Continental Lawyers Title Co
Bates Christina A -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornejo Isidro $305,000
Previous Owner Cornejo Isidro $314,204
Previous Owner Lynch Jorge A $256,500
Previous Owner Prillwitz Fabiola $102,000
Previous Owner Prillwitz Fabiola $408,000
Previous Owner El Ayache Bassam H $306,600
Previous Owner El Ayache Bassam H $265,500
Previous Owner El Ayache Bassam H $231,369
Previous Owner Santi Miguel J $133,000
Previous Owner Hoque Abdul $69,370
Previous Owner Navas Leonid O $133,487
Previous Owner Maldonado Juan Carlos $86,503
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $320,000 -1.5% $344 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/11/2016 07/11/16 Price Changed $325,000 -7.1% $349 / Sq Ft
04/19/2016 04/19/16 For Sale $350,000 -- $376 / 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 $4,897 $371,381 $174,085 $197,296
2024 $4,897 $364,100 $170,672 $193,428
2023 $4,812 $356,962 $167,326 $189,636
2022 $4,520 $349,964 $164,046 $185,918
2021 $4,428 $343,103 $160,830 $182,273
2019 $4,365 $332,928 $156,060 $176,868
2018 $4,227 $326,400 $153,000 $173,400
2016 $3,850 $310,023 $174,048 $135,975
2015 $3,697 $305,367 $171,434 $133,933
2014 $3,677 $299,386 $168,076 $131,310
Source: Public Records

Agents Affiliated with this Home

  • Antonina Morofuji

    Seller's Agent in 2016

    Antonina Morofuji

    Keller Williams South Bay

    (310) 941-2595

    38 Total Sales

    Antonina Morofuji
    Section Image

  • I

    Buyer's Agent in 2016

    IGNACIO CORTEZ

    ALTICORE REALTY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16082115

California Regional Multiple Listing Service (CRMLS)

APN: 7130-007-004

California Los Angeles County Long Beach 90805 Addams

420 E Platt St, Long Beach, CA

This home is located at 420 E Platt St, Long Beach, CA 90805 since 19 April 2016 and is currently estimated at $695,955, approximately $747 per square foot. This property was built in 1956. 420 E Platt St is a home located in Los Angeles County with nearby schools including Jane Addams Elementary School, Jordan High School, and Gethsemane Baptist Christian 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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