NOT LISTED FOR SALE

4279 E Jacinto Way Long Beach, CA 90815

Traffic Circle Neighborhood

Estimated Value: $1,012,000 - $1,172,000

3 Beds
2 Baths
1,520 Sq Ft
$719/Sq Ft Est. Value

Last Sold July 23, 2018

Last sale price $740,000 $487 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,774/month

58 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • No HOA
  • Bixby Elementary School Rated 9+
  • Granite Countertops
  • Two Homes on a Lot

About This Home

As of July 2018

2 UNITS IN THE HIP DISTRICT OF LONG BEACH, Both units have JUST been remodeled, hardwood flooring in front unit, crown molding in both Units dinning area, living area and bedrooms. Both kitchens have been fully updated to new. Both Kitchens have NEW Granite counter tops and new Stainless steel sinks and faucets back unit self closing cabinets. New Double pane windows in both units, Laminate flooring in rear unit, rear Unit has remodeled Bath room with sit down bench soft stone flooring in shower. New paint inside and out. Front yard has new water sprinklers in place with new beautiful plants back yard has pebble rocks in yard and concrete drive way.
3 single car garages with washer and dryer hook ups and more parking inside gated area. Back unit has Private Patio for BBQs. This is Dog friendly area of Long Beach. New Shopping, Food, Markets. The units are 12 min to Belmont Shores and Long Beach Marina.
FRONT UNIT RENT VALUE IS 1650.00 AND BACK is rented for 2200.00. Back unit with 2 car garage can go for 2350.00.
BOTH PROPERTIES ARE TURN KEY. BRING YOUR PICKY BUYERS

Last Agent to Sell the Property

Jordan Hayes

First Investments Realty & Mortgage License #02010198 Listed on: 04/23/2018

Last Buyer's Agent

Joshua Barut

First Team Real Estate License #01971720

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943 | Remodeled

Lot Details

  • 6,799 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Driveway

Home Design

  • Property Attached
  • Turnkey
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • Living Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, telephone
  • Tax Lot 3
  • Tax Tract Number 11674
  • Assessor Parcel Number 7219007016

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $755
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1943 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Gravel
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Circle (CA)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR3T
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7219007016
  • Year Built: 1943
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Crown Molding, Granite Counters, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 486.84
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage Faces Rear
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Natural Gas Not Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6799.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 46200.00
  • Insurance Expense: 755.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 9500.00
  • Tax Census Tract: 5750.01
  • Tax Lot: 3
  • Tax Tract Number: 11674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jul 19, 2018
Sold by
Romero Juan O
Bought by
Ataei Joseph Hossin and Bazeghi Pouran Dokht
Seller's Agent
Jordan Hayes
First Investments Realty & Mortgage
Buyer's Agent
Joshua Barut
First Team Real Estate
List Price
$760,000
Sold Price
$740,000
Premium/Discount to List
-$20,000
-2.63%
Current Estimated Value
$1,092,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,804
Avg. Annual Appreciation
5.42%
Original Mortgage
$726,596
Outstanding Balance
$636,877
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$455,927

Purchase Details

Closed on
Jul 12, 2016
Sold by
Smith Wayne Scott
Bought by
Romero Juan O and Rodriguez Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,600
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2008
Sold by
Smith Wayne Scott
Bought by
Smith Wayne Scott

Purchase Details

Closed on
Oct 13, 2005
Sold by
Smith Wayne Scott
Bought by
Smith Wayne Scott and Valdez Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2005
Sold by
Griffin Veronica
Bought by
Smith Wayne Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,400
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Kerr Bradley
Bought by
Griffin Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1998
Sold by
Clark Mark E
Bought by
Kerr Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.9%
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
Ataei Joseph Hossin $740,000 Wfg National Title Company O
Romero Juan O $578,000 Title 365
Smith Wayne Scott -- None Available
Smith Wayne Scott -- None Available
Smith Wayne Scott $583,000 --
Griffin Veronica $395,000 Old Republic Title Company
Kerr Bradley $170,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ataei Joseph Hossin $726,596
Previous Owner Romero Juan O $404,600
Previous Owner Smith Wayne Scott $466,400
Previous Owner Griffin Veronica $316,000
Previous Owner Kerr Bradley $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2018 07/23/18 Sold $740,000 -0.7% $487 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $745,000 -0.7% $490 / Sq Ft
05/09/2018 05/09/18 Price Changed $750,000 -1.3% $493 / Sq Ft
04/23/2018 04/23/18 For Sale $760,000 -- $500 / 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 $12,587 $949,780 $689,785 $259,995
2024 $12,039 $931,158 $676,260 $254,898
2023 $11,839 $912,900 $663,000 $249,900
2022 $11,110 $895,000 $650,000 $245,000
2021 $9,529 $762,618 $535,894 $226,724
2020 $9,504 $754,800 $530,400 $224,400
2019 $9,393 $740,000 $520,000 $220,000
2018 $7,459 $589,560 $413,100 $176,460
2017 $7,381 $578,000 $405,000 $173,000
2016 $7,018 $580,000 $420,400 $159,600
2015 $6,327 $535,000 $387,800 $147,200
2014 $5,780 $480,000 $347,900 $132,100
Source: Public Records

Agents Affiliated with this Home

  • Jordan Hayes

    Seller's Agent in 2018

    Jordan Hayes

    First Investments Realty & Mortgage

    (323) 564-0920

    28 Total Sales

    Jordan Hayes
    Section Image

  • J

    Buyer's Agent in 2018

    Joshua Barut

    First Team Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18093955

California Regional Multiple Listing Service (CRMLS)

APN: 7219-007-016

California Los Angeles County Long Beach 90815 Traffic Circle

4279 E Jacinto Way, Long Beach, CA

Not Listed for Sale

MultiFamily

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