NOT LISTED FOR SALE

421 E 8th St Long Beach, CA 90813

Saint Mary's Neighborhood

Estimated Value: $1,038,974 - $1,143,000

5 Beds
3 Baths
2,644 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $815,000 $308 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,796/month

26 Days on Market

Highlights

  • Private Yard
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of March 2020

Large duplex located blocks from public transit, Downtown Long Beach, and the Pacific Ocean! There is a detached house in the front with 4beds, 2baths, plus a bonus room. The front house boasts over 2000sf of living space and amenities includes a laundry room, spacious attic, and two decks which overlook a private back yard. The rear unit is 1bed/1bath and sits on top of a 2 car garage. The units are separately metered for gas and electricity. Both units can be delivered vacant so a new buyer can move in immediately or rent them out at market rates. Don't let this opportunity pass you by. Drive by only. Please do not disturb occupants.

Last Agent to Sell the Property

Cody Charnell

Sage Real Estate Group, Inc. License #01950585 Listed on: 01/06/2020

Last Buyer's Agent

Brooke Volkman

MMM Real Estate License #02081366

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,878 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 2,644 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 3 / 20
  • Tax Tract Number 5763
  • Assessor Parcel Number 7273018015

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Downtown Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

3,878 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Downtown (DT)
  • Zoning: LBR4N
  • Property Type: Residential Income
  • Parcel Number: 7273018015
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 308.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 3878.00
  • Lot Size Acres: 0.0890

Multi Family

  • Gross Scheduled Income: 58740.00
  • Lot Size Area: 3878.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 5763.01
  • Tax Lot: 3
  • Tax Tract Number: 5763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 30, 2020
Sold by
Magee Delmas B and Delmas B Magee Living Trust
Bought by
Sandstrom Douglas Jay
Seller's Agent
Cody Charnell
Sage Real Estate Group, Inc.
Buyer's Agent
Brooke Volkman
MMM Real Estate
List Price
$799,000
Sold Price
$815,000
Premium/Discount to List
$16,000
2%
Current Estimated Value
$1,095,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,744
Avg. Annual Appreciation
5.01%
Original Mortgage
$800,238
Outstanding Balance
$710,563
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$385,181

Purchase Details

Closed on
Sep 8, 2015
Sold by
Magee Delmas B
Bought by
Magee Delmas B and Delmas B Magee Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,700
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 20, 2006
Sold by
Magee Delmas Bruce
Bought by
Magee Delmas B and Delmas B Magee Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 16, 2006
Sold by
Magee Delmas B and Delmas B Magee Living Trust
Bought by
Magee Delmas Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 28, 2006
Sold by
Magee Delmas B and Magee Delmas Bruce
Bought by
Magee Delmas B and The Delmas B Magee Living Trus

Purchase Details

Closed on
Aug 23, 2001
Sold by
Wood Gene R and The Wood Family Trust
Bought by
Magee Delmas Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.91%
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

Date Buyer Sale Price Title Company
Sandstrom Douglas Jay $815,000 Ticor Title
Magee Delmas B -- None Available
Magee Delmas B -- None Available
Magee Delmas B -- Accommodation
Magee Delmas Bruce -- Southland Title
Magee Delmas B -- None Available
Magee Delmas Bruce $260,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandstrom Douglas Jay $800,238
Previous Owner Magee Delmas B $427,700
Previous Owner Magee Delmas Bruce $432,000
Previous Owner Magee Delmas Bruce $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $815,000 +2.0% $308 / Sq Ft
01/06/2020 01/06/20 For Sale $799,000 0.0% $302 / Sq Ft
05/16/2018 05/16/18 Rented $2,100 -6.5% --
04/16/2018 04/16/18 Price Changed $2,245 -10.0% $2 / Sq Ft
04/04/2018 04/04/18 For Rent $2,495 -- --
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
2025 $11,284 $891,316 $579,629 $311,687
2024 $11,284 $873,840 $568,264 $305,576
2023 $11,095 $856,707 $557,122 $299,585
2022 $10,413 $839,910 $546,199 $293,711
2021 $10,202 $823,442 $535,490 $287,952
2020 $4,607 $351,192 $108,055 $243,137
2019 $4,553 $344,307 $105,937 $238,370
2018 $4,383 $337,557 $103,860 $233,697
2016 $4,016 $324,451 $99,828 $224,623
2015 $3,858 $319,578 $98,329 $221,249
2014 $3,837 $313,319 $96,403 $216,916
Source: Public Records

Agents Affiliated with this Home

  • Cody Charnell

    Seller's Agent in 2020

    Cody Charnell

    Sage Real Estate Group, Inc.

    (562) 896-3851

    48 Total Sales

    Cody Charnell
    Section Image

  • B

    Buyer's Agent in 2020

    Brooke Volkman

    MMM Real Estate

    Section Image

  • B

    Seller's Agent in 2018

    Brenda Lum

    JohnHart Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20002551

California Regional Multiple Listing Service (CRMLS)

APN: 7273-018-015

California Los Angeles County Long Beach 90813 Saint Mary's

421 E 8th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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