Jeeb O'Reilly
The Agency
(888) 568-5439
35 Total Sales
1 in Traffic Circle
$760,000 Price
4241 E Jacinto Way Long Beach, CA 90815
Traffic Circle NeighborhoodEstimated Value: $1,374,201
4
Beds
4
Baths
2,553
Sq Ft
$538/Sq Ft
Est. Value
Highlights
- 0.28 Acre Lot
- No HOA
- 1-Story Property
- Stanford Middle School Rated A-
- Back Yard
About This Home
As of November 2022A great 4-unit building, located in a great area of Long Beach, and smooth running property. What more could you ask for? The property consists of
4 one-bedroom units that are single-story. All units have a front and back door, with the ability to create a private backyard/patio for each if the
property owner desired. There are also 4 single car garages, which the current owner uses all of them for storage, and 3 additional uncovered
parking spots that could be rented out for additional income. . Individually metered for gas and electricity that tenants are responsible to pay.
The property was just recently painted throughout the exterior and has an amazing sense of curb appeal. The current GRM is 16.03, but at market rents, the property drops to 13.01 GRM. With over a 1/4 acre lot and endless opportunity, this property is ready for the next investor to add their touch to it
and take it to the next level!
Last Agent to Sell the Property
Beach Cities Management, Inc. License #01704406 Listed on: 10/03/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 12,271 Sq Ft Lot
- Two or More Common Walls
- Back Yard
Parking
- 3 Open Parking Spaces
- 4 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,553 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 6
- Tax Tract Number 11674
- Assessor Parcel Number 7219007019
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
- Circle Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,500
- Maintenance Expense $4,823
- Professional Management Expense $5,237
- Trash Expense $350
- Water Sewer Expense $1,707
- New Taxes Expense $14,987
- Operating Expense $30,034
- Gross Income $74,820
- Net Operating Income $44,786
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
Closed on
Mar 24, 2023
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Oct 3, 2022
Closed on
Oct 25, 2022
Sold by
Bought by
Seller's Agent
Justin Edwards
Beach Cities Management, Inc.
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$1,199,000
Sold Price
$1,275,000
Premium/Discount to List
$76,000
6.34%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$956,250
Interest Rate
6%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 1999
Sold by
Bought by
Purchase Details
Closed on
Feb 13, 1992
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Traffic Circle, CA
-
Jeeb O'Reilly
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
20 Total Sales
1 in Traffic Circle
$485,000 Price
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
1 in Traffic Circle
$617,000 Price
-
Lynsey Russell
Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
122 Total Sales
2 in Traffic Circle
$558,500 Price Range
-
Robert Vanbeveran
Robert Vanbeveran
Elite Homes Realty
(657) 256-5962
9 Total Sales
1 in Traffic Circle
$880,000 Price
-
Cindy Bosshard
Cindy Bosshard
Coldwell Banker Envision
(562) 414-5066
26 Total Sales
2 in Traffic Circle
$503,500 Price Range
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 |
|---|---|---|---|
| -- | -- | ||
| $1,275,000 | Chicago Title Company | ||
| $250,000 | Commonwealth Title | ||
| -- | -- |
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 | $956,250 | ||
| Previous Owner | $637,500 | ||
| Previous Owner | $507,500 | ||
| Previous Owner | $376,000 |
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 |
|---|---|---|---|---|
| 11/08/2022 11/08/22 | Sold | $1,275,000 | +6.3% | $499 / Sq Ft |
| 10/07/2022 10/07/22 | Pending | -- | -- | -- |
| 10/03/2022 10/03/22 | For Sale | $1,199,000 | 0.0% | $470 / Sq Ft |
| 09/23/2013 09/23/13 | Rented | $1,100 | 0.0% | -- |
| 09/23/2013 09/23/13 | Under Contract | -- | -- | -- |
| 08/28/2013 08/28/13 | For Rent | $1,100 | -- | -- |
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 | $17,941 | $1,326,510 | $910,350 | $416,160 |
| 2024 | $17,184 | $1,300,500 | $892,500 | $408,000 |
| 2023 | $16,892 | $1,275,000 | $875,000 | $400,000 |
| 2022 | $7,632 | $574,221 | $331,310 | $242,911 |
| 2021 | $7,468 | $562,963 | $324,814 | $238,149 |
| 2019 | $7,361 | $546,268 | $315,181 | $231,087 |
| 2018 | $7,066 | $535,557 | $309,001 | $226,556 |
| 2016 | $6,503 | $514,762 | $297,003 | $217,759 |
| 2015 | $6,250 | $507,031 | $292,542 | $214,489 |
| 2014 | $6,225 | $497,100 | $286,812 | $210,288 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Edwards
J
Seller's Agent in 2022
Justin Edwards
Beach Cities Management, Inc.
(562) 888-0247
1 in this area
4 Total Sales
-
Spencer Pabst
Buyer's Agent in 2022
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
1 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22214140
APN: 7219-007-019
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.
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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