NOT LISTED FOR SALE

Estimated Value: $1,297,000 - $1,526,000

4 Beds
4 Baths
2,320 Sq Ft
$628/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $1,250,000 $539 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,333/month

8 Days on Market

About This Home

As of January 2022

First time on the Market in over 30 years, 4219 North Bellflower Blvd. The featured property consists of (4) 1 bedroom/ 1-bathroom units situated in the beautiful parts of North Long Beach and Lakewood Estates. The property is Fully occupied with month-to-month tenants. The property is centrally located near Freeways, Markets, Shopping, Restaurants, public transportation. Not far from Long Beach Exchange, a retail and dining destination within the Douglas Park planned development in Long Beach, Long Beach airport, Long Beach City College, a short drive to Aquarium of the Pacific, Shoreline Village, Rosie's Dog Beach, Lakewood Center Mall, and Costco.

Last Agent to Sell the Property

Jack Patel

Sage Real Estate Group Inc License #01941349 Listed on: 12/13/2021

Last Buyer's Agent

Jack Patel

Sage Real Estate Group Inc License #01941349 Listed on: 12/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,984

Year Built

  • Built in 1943

Lot Details

  • 7,270 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,320 Sq Ft Home
  • Apartment

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 20 / B
  • Tax Tract Number 11425
  • Assessor Parcel Number 7183011023
  • $762 per year additional tax assessments

Community Details

Overview

  • 4 Units
  • Lakewood Village Subdivision

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,915
  • Water Sewer Expense $2,200
  • Operating Expense $4,115
  • Gross Income $61,925
  • Net Operating Income $42,007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,984

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 312500
  • Property Attached: Yes
  • Subdivision Name Other: Lakewood Village (LKVL)
  • Water Sewer Expenses: 2200.00
  • Zoning: LBR34
  • Property Type: Residential Income
  • Parcel Number: 7183011023
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 538.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7270.00
  • Lot Size Acres: 0.1669

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 61925.00
  • Gross Scheduled Income: 63840.00
  • Insurance Expense: 1915.00
  • Lot Size Area: 7270.0000 Square Feet
  • Net Operating Income: 42007.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 19918.00
  • Rent Control: Yes
  • Total Expenses: 4115.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5712.00
  • Tax Lot: 20
  • Tax Tract Number: 11425
  • TaxOtherAnnualAssessmentAmount: 762.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 19, 2022
Sold by
Acosta Davila Margarita
Bought by
Davila Ascencion
Seller's Agent
Jack Patel
Sage Real Estate Group Inc
Buyer's Agent
Jack Patel
Sage Real Estate Group Inc
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,456,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,002
Avg. Annual Appreciation
3.64%
Original Mortgage
$250,000
Outstanding Balance
$231,346
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,190,328

Purchase Details

Listed on
Dec 13, 2021
Closed on
Jan 4, 2022
Sold by
Jbla Properties Llc
Bought by
Davila Ascencion
Seller's Agent
Jack Patel
Sage Real Estate Group Inc
Buyer's Agent
Jack Patel
Sage Real Estate Group Inc
List Price
$1,250,000
Sold Price
$1,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$231,346
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,190,328

Purchase Details

Closed on
Nov 1, 2008
Sold by
Hasenjager Julie R and Matranga Neil G
Bought by
Jbla Properties Llc

Purchase Details

Closed on
Jul 8, 2008
Sold by
Hasenjager Julie R and Davis Family Trust
Bought by
Hasenjager Julie R

Purchase Details

Closed on
Nov 23, 1994
Sold by
Davis James B and Davis Lou Ann
Bought by
Davis James B
Source: Public Records

Range of Values:

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Average Value
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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
Davila Ascencion -- Stewart Title Company
Davila Ascencion $1,250,000 Stewart Title Company
Jbla Properties Llc -- None Available
Hasenjager Julie R -- None Available
Davis James B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davila Ascencion $250,000
Previous Owner Davis James B $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $1,250,000 0.0% $539 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $1,250,000 -- $539 / 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 $16,984 $1,326,509 $848,966 $477,543
2024 $16,984 $1,300,500 $832,320 $468,180
2023 $16,698 $1,275,000 $816,000 $459,000
2022 $4,814 $337,136 $134,693 $202,443
2021 $4,703 $330,526 $132,052 $198,474
2019 $4,635 $320,724 $128,136 $192,588
2018 $4,439 $314,436 $125,624 $188,812
2016 $4,085 $302,228 $120,747 $181,481
2015 $3,932 $297,689 $118,934 $178,755
2014 $3,925 $291,859 $116,605 $175,254
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21263857

California Regional Multiple Listing Service (CRMLS)

APN: 7183-011-023