NOT LISTED FOR SALE

Estimated Value: $744,000 - $884,265

4 Beds
3 Baths
1 Sq Ft
$821,566/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $750,000 $750,000 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,555/month

20 Days on Market

Highlights

  • 0.1 Acre Lot
  • Lawn
  • 1-Story Property
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • 4-minute walk to Miracle On Fourth Street Park

About This Home

As of July 2024

Three units in city of Long Beach just blocks from the beach and minutes from Cal State Long Beach. Property is in need of updating and work. Two units are TWO bedrooms with ONE bathroom and the THIRD unit is a studio. Plenty of parking space with TWO garages. This gem is located in a highly desired area of Long Beach. Come by and take a look!

Last Agent to Sell the Property

Jose Manjarrez

eHomes Brokerage Phone: 562-746-1831 License #01829173 Listed on: 05/14/2024

eHomes

Last Buyer's Agent

Julie Meraz

Compass License #01457585

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,488 Sq Ft Lot
  • No Common Walls
  • Lawn
  • Back and Front Yard

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2
  • Assessor Parcel Number 7266026023
  • $467 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7266026023
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Sq Ft: 4488.00
  • Lot Size Acres: 0.1030
  • Latitude Manual: 33.77244100

Multi Family

  • Lot Size Area: 4488.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5765.03
  • Tax Lot: 8
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 467.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 2, 2024
Sold by
Leon Richard Mcclay Trust and Mcclay-Riggins Rhonda Pj
Bought by
Martha F Forcro Revocable Trust and Forero
Seller's Agent
Jose Manjarrez
eHomes
Buyer's Agent
Julie Meraz
Compass
List Price
$789,000
Sold Price
$750,000
Premium/Discount to List
-$39,000
-4.94%
Views
34
Current Estimated Value
$821,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,566
Avg. Annual Appreciation
6.49%
Original Mortgage
$562,500
Outstanding Balance
$555,211
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$266,355
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Martha F Forcro Revocable Trust $750,000 Homelight Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martha F Forcro Revocable Trust $562,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2024 07/10/24 Sold $750,000 -4.9% $750,000 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $789,000 +5.2% $789,000 / Sq Ft
05/23/2024 05/23/24 Off Market $750,000 -- --
05/14/2024 05/14/24 For Sale $789,000 -- $789,000 / 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 $2,995 $750,000 $500,000 $250,000
2024 $2,995 $209,969 $97,599 $112,370
2023 $2,942 $205,853 $95,686 $110,167
2022 $2,771 $201,817 $93,810 $108,007
2021 $2,706 $197,861 $91,971 $105,890
2019 $2,666 $191,994 $89,244 $102,750
2018 $2,517 $188,231 $87,495 $100,736
2016 $2,310 $180,924 $84,099 $96,825
2015 $2,222 $178,207 $82,836 $95,371
2014 $2,215 $174,717 $81,214 $93,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24096975

California Regional Multiple Listing Service (CRMLS)

APN: 7266-026-023