4229 E 5th St Long Beach, CA 90814
Belmont Heights NeighborhoodEstimated Value: $1,854,000 - $2,328,278
8
Beds
8
Baths
3,860
Sq Ft
$544/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Contemporary Architecture
- Wood Flooring
- Fremont Elementary School Rated A
- Property is near a park
- Main Floor Primary Bedroom
About This Home
As of September 2017Experience this Classical Spanish style 4 plex, occupy one unit or just rent out for strong cash flow with future potential. Appealing front 2 units curb access with gated yard/patio porch entrances upgraded 2 bedroom 2 bathroom. Open Floor plan Hardwood Floors, ceiling crown molding, double pane windows, kitchen appliances, granite counter tops stainless steal sinks custom cabinetry, dishwasher, adjacent Laundry room. Upgraded tiled baths with sky lights brings natural sun light in. Bedrooms are spacious, master has sky lights. Each room has ceiling fans, and beveled doors. In back 2 units each has separate stair access to entrance cozy patio foyer. Built in 2005, includes tankless water heaters, vaulted ceilings, sky lights, Hardwood Floors, kitchen packed with stainless steal appliances, granite counter tops, functional island counter for entertainment, and custom cabinets. Ceiling fans throughout these units. Vaulted ceilings Bedrooms, spacious, mirrored closets,and features a 2nd private patio. 2 fully tiled bathrooms tub shower combos. This property features 2 car custom secured garages for each unit for ample parking offer tenants problem free parking. Walking distance Colorado Lagoon Beach, 2 blocks from 18 hole golf course, 3 blocks famous restaurants on 2nd street, 4 blocks to Ocean sand at the beach, 22 fwy a few miles away, shopping close by. Fulfill ownership dream with a great 4 plex investment.
Last Agent to Sell the Property
Herdee Properties License #01069155 Listed on: 06/27/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $22,821
Year Built
- Built in 1923
Lot Details
- 6,265 Sq Ft Lot
- Lot Dimensions are 50x125
- 1 Common Wall
- West Facing Home
- Block Wall Fence
- Front Yard
Parking
- 1 Open Parking Space
- 8 Car Garage
- Parking Available
- Controlled Entrance
Home Design
- Contemporary Architecture
- Spanish Architecture
- Quadruplex
- Turnkey
- Flat Roof Shape
- Raised Foundation
- Slab Foundation
- Fire Rated Drywall
- Interior Block Wall
- Shingle Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 3,860 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Crown Molding
- Ceiling Fan
- Recessed Lighting
- Double Pane Windows
- Blinds
- Window Screens
- Entrance Foyer
- Living Room
- Wood Flooring
- Neighborhood Views
Kitchen
- Convection Oven
- Gas Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- Mirrored Closets Doors
- 8 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Home Security
- Home Security System
- Fire and Smoke Detector
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Wall Furnace
- Tankless Water Heater
- Central Water Heater
- Cable TV Available
Additional Features
- Accessible Parking
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tenant pays for all utilities, cable TV, gas, repairs
- Tax Lot 9
- Tax Tract Number 147
- Assessor Parcel Number 7255038011
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $150
- Gardener Expense $840
- Insurance Expense $2,200
- Operating Expense $3,190
- Gross Income $100,200
- Net Operating Income $99,550
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 24, 2021
Sold by
Gundzik Aaron and Gundzik Rebecca
Bought by
1843 Gladys Llc
Total Days on Market
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,046,800
Outstanding Balance
$967,355
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,142,479
Purchase Details
Closed on
May 19, 2021
Sold by
1843 Gladys Llc
Bought by
Gundzik Aaron and Gundzik Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,046,800
Outstanding Balance
$967,355
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,142,479
Purchase Details
Closed on
Jul 12, 2017
Sold by
Nguyen Tho N
Bought by
Gundzik Aaron and Gundzik Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
3.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 15, 2006
Sold by
Lca Inc
Bought by
Nguyen Tho N
Purchase Details
Closed on
Feb 16, 2005
Sold by
Nguyen Tho N and Nguyen Nghia T
Bought by
Lca Inc
Purchase Details
Closed on
Apr 23, 2004
Sold by
Brill Charles J and Brill Charles E
Bought by
Nguyen Tho N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2003
Sold by
Brill Jennifer Ritter
Bought by
Brill Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1843 Gladys Llc | -- | Chicago Title Company Sd | |
| Gundzik Aaron | -- | Chicago Title Company Sd | |
| Gundzik Aaron | $1,600,000 | First American Title Company | |
| Nguyen Tho N | -- | None Available | |
| Lca Inc | -- | -- | |
| Nguyen Tho N | $670,000 | Chicago Title Insurance Co | |
| Brill Charles | -- | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gundzik Aaron | $1,046,800 | |
| Previous Owner | Gundzik Aaron | $1,080,000 | |
| Previous Owner | Lca Inc | $435,825 | |
| Previous Owner | Nguyen Tho N | $497,500 | |
| Previous Owner | Nguyen Tho N | $502,500 | |
| Previous Owner | Brill Charles | $271,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2017 09/14/17 | Sold | $1,600,000 | +0.1% | $415 / Sq Ft |
| 07/07/2017 07/07/17 | Pending | -- | -- | -- |
| 06/27/2017 06/27/17 | For Sale | $1,599,000 | -- | $414 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $22,821 | $1,784,826 | $1,249,379 | $535,447 |
| 2023 | $22,447 | $1,749,831 | $1,224,882 | $524,949 |
| 2022 | $21,059 | $1,715,521 | $1,200,865 | $514,656 |
| 2021 | $20,652 | $1,681,884 | $1,177,319 | $504,565 |
| 2020 | $20,598 | $1,664,640 | $1,165,248 | $499,392 |
| 2019 | $20,358 | $1,632,000 | $1,142,400 | $489,600 |
| 2018 | $19,789 | $1,600,000 | $1,120,000 | $480,000 |
| 2016 | $12,548 | $1,050,000 | $412,500 | $637,500 |
| 2015 | $11,429 | $980,000 | $385,000 | $595,000 |
| 2014 | $10,993 | $930,000 | $365,400 | $564,600 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Gandall
Seller's Agent in 2017
Alan Gandall
Herdee Properties
(714) 350-2946
21 Total Sales
-
Cindy Ludwig
C
Buyer's Agent in 2017
Cindy Ludwig
First Team Real Estate
(310) 849-8515
12 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17122303
APN: 7255-038-011
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