NOT LISTED FOR SALE

432 E 6th St Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $1,139,038 - $1,409,000

8 Beds
4 Baths
2,640 Sq Ft
$496/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $427,000 $162 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $7,488/month

15 Days on Market

Highlights

  • 0.05 Acre Lot
  • 3-minute walk to 5Th Street Station
  • Wood Siding
  • Long Beach Polytechnic High School Rated A
  • Traditional Architecture
  • Carpet

About This Home

As of January 2012

This home is located at 432 E 6th St, Long Beach, CA 90802 since 13 December 2011 and is currently estimated at $1,309,760, approximately $496 per square foot. This property was built in 1941. 432 E 6th St is a home located in Los Angeles County with nearby schools including Stevenson Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Last Agent to Sell the Property

Lynette Shaw

Jenae Peckham, Broker License #01483281 Listed on: 12/13/2011

Last Buyer's Agent

Bill Boyd

Keller Williams Pacific Estate License #00770747

Keller Williams Pacific Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 1,999 Sq Ft Lot
  • Lot Dimensions are 40x50

Home Design

  • Traditional Architecture
  • Tar and Gravel Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,640 Sq Ft Home
  • Carpet

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 3 / 53
  • Tax Tract Number 5762
  • Assessor Parcel Number 7281002014

Community Details

Overview

  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,250
  • New Taxes Expense $5,760
  • Net Operating Income $33,682

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.50
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7281002014
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 161.74

Exterior Features

  • Pool Private: No
  • Roof: Composition, Tar/Gravel
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 40x50
  • Lot Size Sq Ft: 1999.00
  • Lot Size Acres: 0.0460

Multi Family

  • Gross Multiplier: 8.50
  • Gross Scheduled Income: 52800.00
  • Gross Spendable Income: 11146.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 1999.0000 Square Feet
  • Net Operating Income: 33682.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 16478.00
  • Operating Expense Percent: 31.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5760.00
  • Tax Area: 11933
  • Tax Block: 53
  • Tax Lot: 3
  • Tax Tract Number: 5762

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2017
Sold by
Howard Jesse L
Bought by
Howard Jesse L and Howard Cynthia P
Current Estimated Value
$1,309,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$344,038
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$965,722

Purchase Details

Closed on
Mar 22, 2011
Sold by
Richard Curtis L and Richard Brandie A
Bought by
Remarket Investments Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2011
Sold by
Remarket Investments Lp
Bought by
Howard Jesse L and Pellechio Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,250
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2007
Sold by
Everts Gregory G and Everts Patricia L
Bought by
Richard Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$652,800
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2006
Sold by
Alegria Foundation
Bought by
Everts Gregory G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2002
Sold by
Steel Financial Services Llc
Bought by
Boyd Arden F

Purchase Details

Closed on
Jan 20, 1999
Sold by
Warren Chad and Everest Financial Trust
Bought by
Steel Financial Services Llc

Purchase Details

Closed on
May 24, 1996
Sold by
Ramirez Hector D
Bought by
Everest Financial Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
8.25%
Mortgage Type
Seller Take Back
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
Howard Jesse L -- None Available
Remarket Investments Lp $371,500 Accommodation
Howard Jesse L $427,000 Orange Coast Title Company B
Richard Curtis $830,000 Ticor Title Co Brea Branch
Everts Gregory G $585,000 Ticor Title
Alegria Foundation -- Ticor Title
Boyd Arden F -- --
Steel Financial Services Llc -- --
Everest Financial Trust -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Jesse L $417,000
Previous Owner Howard Jesse L $320,250
Previous Owner Richard Curtis $652,800
Previous Owner Everts Gregory G $581,000
Previous Owner Everest Financial Trust $11,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2012 01/06/12 Sold $427,000 -4.9% $162 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
12/13/2011 12/13/11 For Sale $449,000 -- $170 / 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 $7,516 $536,324 $376,811 $159,513
2024 $7,516 $525,809 $369,423 $156,386
2023 $7,377 $515,500 $362,180 $153,320
2022 $6,937 $505,393 $355,079 $150,314
2021 $6,776 $495,484 $348,117 $147,367
2019 $6,679 $481,490 $337,793 $143,697
2018 $6,504 $472,064 $331,170 $140,894
2016 $5,990 $453,062 $318,311 $134,751
2015 $5,761 $446,257 $313,530 $132,727
2014 $5,734 $437,517 $307,389 $130,128
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lynette Shaw

    Jenae Peckham, Broker

    Section Image
  • Bill Boyd

    Buyer's Agent in 2012

    Bill Boyd

    Keller Williams Pacific Estate

    (562) 714-2455

    31 Total Sales

    Bill Boyd
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S683102

California Regional Multiple Listing Service (CRMLS)

APN: 7281-002-014

California Los Angeles County Long Beach 90802 East Village

432 E 6th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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