NOT LISTED FOR SALE

425 E Hullett St Long Beach, CA 90805

DeForest Park Neighborhood

Estimated Value: $1,090,000 - $1,206,000

6 Beds
5 Baths
3,484 Sq Ft
$333/Sq Ft Est. Value

Last Sold September 13, 2018

Last sale price $742,500 $213 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,923/month

115 Days on Market

About This Home

As of September 2018

Opportunity knocking on your door! Priced to sell, Amazing Triplex! Three houses on one lot, Investors opportunity, or first time buyers live in one and rent the other two units for extra income. Front unit offers you 2 Bedrooms and one bathroom uncover 2 car spaces. The back two units were built in 1988 and offers you 2 Bedrooms and 2 bathrooms, the back two units are tow story, all bedrooms upstairs, nice individual patio, two attached car garage.
Location is great! Conveniently located close to freeways, walking distance to Long Beach public library, public parks, public transportation, walking distance to schools, shopping centers minutes away from Long Beach PIER and much more. A deal like this good won't last!

Last Agent to Sell the Property

Isela Sanchez

Century 21 Masters License #01944573 Listed on: 04/11/2018

Last Buyer's Agent

Isela Sanchez

Century 21 Masters License #01944573 Listed on: 04/11/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 5,488 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Assigned Parking

Home Design

  • 3,484 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2930
  • Tax Tract Number 5992
  • Assessor Parcel Number 7125024037

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $750
  • Water Sewer Expense $900
  • New Taxes Expense $3,688
  • Operating Expense $5,338
  • Gross Income $48,240
  • Net Operating Income $44,640

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 900.00
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7125024037
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 213.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5488.00

Multi Family

  • Gross Income: 48240.00
  • Gross Scheduled Income: 48240.00
  • Insurance Expense: 750.00
  • Net Operating Income: 44640.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Expenses: 5338.00

Tax Info

  • New Taxes Expense: 3688.00
  • Tax Census Tract: 5703.03
  • Tax Lot: 2930
  • Tax Tract Number: 5992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2019
Sold by
Taing Rammy
Bought by
Taing Jenny
Current Estimated Value
$1,160,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$461,581
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$698,880

Purchase Details

Listed on
Apr 11, 2018
Closed on
Sep 11, 2018
Sold by
Trieu Vincent
Bought by
Taing Jenny
Seller's Agent
Isela Sanchez
Century 21 Masters
Buyer's Agent
Isela Sanchez
Century 21 Plaza
List Price
$910,000
Sold Price
$742,500
Premium/Discount to List
-$167,500
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$519,943
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2018
Closed on
Aug 10, 2018
Sold by
Prez Rosa and The Perez Family Trust
Bought by
Taing Rammy and Taing Jenny
Seller's Agent
Isela Sanchez
Century 21 Masters
Buyer's Agent
Isela Sanchez
Century 21 Plaza
List Price
$910,000
Sold Price
$742,500
Premium/Discount to List
-$167,500
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,943
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2006
Sold by
Perez Rosa
Bought by
The Perez Family Trust

Purchase Details

Closed on
Aug 12, 1999
Sold by
Regions Mtg Inc
Bought by
Perez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,605
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 21, 1999
Sold by
Federal National Mortgage Association
Bought by
Regions Mtg Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,605
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1998
Sold by
Samblotte Alfredo and Samblotte Lucero
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taing Jenny -- Provident Title Company
Taing Jenny -- Usa National Title Co
Taing Rammy $743,000 Usa National Title Co
The Perez Family Trust -- None Available
Perez Rosa $210,000 American Title Co
Regions Mtg Inc -- American Title Co
Federal National Mortgage Association $175,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taing Jenny $525,000
Closed Taing Rammy $519,943
Previous Owner Perez Rosa $208,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2018 09/13/18 Sold $742,500 -18.4% $213 / Sq Ft
08/04/2018 08/04/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $910,000 -- $261 / 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 $10,761 $832,562 $334,654 $497,908
2024 $10,761 $816,239 $328,093 $488,146
2023 $10,584 $800,235 $321,660 $478,575
2022 $9,942 $784,545 $315,353 $469,192
2021 $9,737 $769,163 $309,170 $459,993
2020 $9,710 $761,277 $306,000 $455,277
2019 $9,554 $742,700 $300,000 $442,700
2018 $3,873 $283,651 $81,040 $202,611
2016 $3,541 $272,639 $77,894 $194,745
2015 $3,406 $268,544 $76,724 $191,820
2014 $3,392 $263,285 $75,222 $188,063
Source: Public Records

Agents Affiliated with this Home

  • Isela Sanchez

    Seller's Agent in 2018

    Isela Sanchez

    Century 21 Masters

    (818) 892-9314

    36 Total Sales

    Isela Sanchez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18082791

California Regional Multiple Listing Service (CRMLS)

APN: 7125-024-037

California Los Angeles County Long Beach 90805 DeForest Park

425 E Hullett St, Long Beach, CA

Not Listed for Sale

MultiFamily

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