NOT LISTED FOR SALE

Estimated Value: $812,108 - $879,000

4 Beds
3 Baths
1,856 Sq Ft
$459/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $830,000 $447 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,214/month

102 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Burton W. Chace Park
  • Laundry Room
  • 1-Story Property

About This Home

As of February 2024

Welcome to this Elegant Property with an Excellent Opportunity To Own TWO HOUSES on ONE LOT in Uptown North Long Beach Area.
Lot's of Potential and the Perfect Property for an Investor to Own One & Rent One.
Front House Offers: 2 Bedrooms, 1 Bath, Spacious Living Room Combined with Dining Area, Kitchen With Granite Counter Tops & Eating Area with view of the front yard.
Back House Offers: 2 Bedrooms, 2 Baths, Large Living Room combined with Dining Area, Opened Kitchen with Stylish Eating Bar.
Each Unit has their own Laundry Room, Central A/C ,meters for Water/Gas/Electric and detached one car garage with automatic doors at the back Alley.
Walking distance to all the Restaurants, Stores, and Retail Establishments on Long Beach Blvd.
Close to all Local Parks, Schools & Minutes To Downtown LB with Convenient Freeway Access.

Last Agent to Sell the Property

Margaret Sun

License #01278646 Listed on: 11/07/2023

Last Buyer's Agent

Wendy Acosta

Valley Star Realty, Inc. License #02157853

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,991

Year Built

  • Built in 1955

Lot Details

  • 3,505 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Asbestos Shingle Roof

Interior Spaces

  • 1,856 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 32 / 4
  • Tax Tract Number 6197
  • Assessor Parcel Number 7132008019
  • $455 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • North Long Beach Subdivision

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,991

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 399500
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7132008019
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 447.20

Exterior Features

  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3505.00
  • Lot Size Acres: 0.0805

Multi Family

  • Insurance Expense: 1033.00
  • Lot Size Area: 3505.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5717.01
  • Tax Lot: 32
  • Tax Tract Number: 6197
  • TaxOtherAnnualAssessmentAmount: 455.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 11, 2024
Sold by
Sun Fenghai and Sun Zhao Hui
Bought by
Fuentes Salvador Justo
Seller's Agent
Margaret Sun
Buyer's Agent
Wendy Acosta
Valley Star Realty, Inc.
List Price
$758,000
Sold Price
$830,000
Premium/Discount to List
$72,000
9.5%
Views
81
Current Estimated Value
$851,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,527
Avg. Annual Appreciation
1.14%
Original Mortgage
$830,000
Outstanding Balance
$816,272
Interest Rate
6.66%
Mortgage Type
VA
Estimated Equity
$28,147

Purchase Details

Listed on
Feb 5, 2018
Closed on
Apr 9, 2018
Sold by
Sun Zhao Hui
Bought by
Sun Zhao Hui and Sun Fengyan
Seller's Agent
Elena Felipe
Alta Realty Group CA, Inc.
Buyer's Agent
Margaret Sun
List Price
$460,000
Sold Price
$477,000
Premium/Discount to List
$17,000
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%
Original Mortgage
$286,200
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 9, 2018
Sold by
Valdemor Caridad and The Caridad Valdemor Separate
Bought by
Valdemor Caridad
Seller's Agent
Elena Felipe
Alta Realty Group CA, Inc.
Buyer's Agent
Margaret Sun
List Price
$460,000
Sold Price
$477,000
Premium/Discount to List
$17,000
3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,200
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 1, 2006
Sold by
Ramos Angela V
Bought by
Valdemor Caridad and Caridad Valdemor Separate Prop

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.53%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 6, 2005
Sold by
Ramos Angela V and Valdemor Caridad
Bought by
Ramos Angela V and Valdemor Caridad

Purchase Details

Closed on
Jun 3, 2005
Sold by
Valdemor Caridad
Bought by
Valdemor Caridad and The Caridad Valdemor Separate

Purchase Details

Closed on
May 26, 1999
Sold by
Baldemor Caridad
Bought by
Ramos Angela V and Baldemor Caridad
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
Fuentes Salvador Justo $830,000 Orange Coast Title Company
Sun Fenghai -- Orange Coast Title
Sun Zhao Hui -- Accommodation
Sun Zhao Hui $477,000 Fidelity National Title
Valdemor Caridad -- Fidelity National Title Insu
Valdemor Caridad -- Lawyers Title
Ramos Angela V -- --
Valdemor Caridad -- --
Ramos Angela V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuentes Salvador Justo $830,000
Previous Owner Sun Zhao Hui $260,000
Previous Owner Sun Zhao Hui $286,200
Previous Owner Valdemor Caridad $544,185
Previous Owner Ramos Angela $40,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $830,000 0.0% $447 / Sq Ft
02/17/2024 02/17/24 Pending -- -- --
11/20/2023 11/20/23 Off Market $830,000 -- --
11/07/2023 11/07/23 For Sale $758,000 +58.9% $408 / Sq Ft
04/13/2018 04/13/18 Sold $477,000 +3.7% $289 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $460,000 -- $279 / 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 $6,991 $846,600 $306,000 $540,600
2024 $6,991 $532,097 $253,220 $278,877
2023 $6,872 $521,664 $248,255 $273,409
2022 $6,453 $511,437 $243,388 $268,049
2021 $6,319 $501,410 $238,616 $262,794
2020 $6,301 $496,270 $236,170 $260,100
2019 $6,227 $486,540 $231,540 $255,000
2018 $5,427 $428,912 $211,325 $217,587
2016 $5,037 $412,259 $203,120 $209,139
2015 $4,438 $375,000 $190,000 $185,000
2014 $4,495 $375,000 $190,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23205899

California Regional Multiple Listing Service (CRMLS)

APN: 7132-008-019