NOT LISTED FOR SALE

Estimated Value: $1,396,000 - $2,021,189

7 Beds
6 Baths
3,200 Sq Ft
$524/Sq Ft Est. Value

Sale Details

Date Sold: January 13, 2020

Last sale price $1,425,000 $445 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,763 / mo

10 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Woodrow Wilson High School Rated A
  • Quartz Countertops
  • Neighborhood Views

About This Home

As of January 2020

Welcome to 434, 436 and 438 Newport Ave in the RED HOT Belmont Heights area of Long Beach. GREAT OPPORTUNITY for rental income with high demand and increased rents in the area. 434 Newport sits as the main house which includes 3 bedrooms, 2 bathrooms, and a spacious floor plan. The rear units at 436 and 438 Newport are also expansive, each including 2 bedrooms and 2 bathrooms. All 3 units have been upgraded and remodeled to perfection with restored original hardwood floors, upgraded kitchens and appliances, beautifully remodeled bathrooms, all new electrical and plumbing and enough parking for all units! All while maintaining the historic charm of the property. Live in one and rent out the other two units! This gorgeous triplex Craftsman is ready for its new owner.

Last Agent to Sell the Property

Tara Riggi

Y Realty License #01986173 Listed on: 11/22/2019

Last Buyer's Agent

Mischa Ben Nicolas

IET Real Estate License #01458128

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,750 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3,200 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Flooring
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Range Hood
  • Quartz Countertops

Bedrooms and Bathrooms

  • 7 Main Level Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 15 / 5
  • Tax Tract Number 7257
  • Assessor Parcel Number 7257001017

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

6,750 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR1N
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 7257001017
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3200.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 6
  • Main Level Bedrooms: 7
  • Price Per Square Foot: 445.31
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Range Hood
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5771.00
  • Tax Lot: 15
  • Tax Tract Number: 7257

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Dec 3, 2019
Sold by
Bought by
Seller's Agent
Tara Riggi
Y Realty
Buyer's Agent
Mischa Ben Nicolas
IET Real Estate
List Price
$1,450,000
Sold Price
$1,425,000
Premium/Discount to List
-$25,000
-1.72%
Current Estimated Value
$1,678,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,047
Avg. Annual Appreciation
2.60%
Original Mortgage
$705,035
Outstanding Balance
$649,664
Interest Rate
6.25%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,028,383

Purchase Details

Listed on
May 9, 2019
Closed on
Apr 18, 2019
Sold by
Bought by
Seller's Agent
Amber Wilhelm
No Firm Affiliation
Buyer's Agent
Tara Riggi
Y Realty
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.74%
Original Mortgage
$900,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 24, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,600
Interest Rate
5.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,425,000 Orange Coast Title Company
$1,200,000 Orange Coast Title Company
-- First American Title Company
-- Servicelink
$539,500 Natc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $705,035
Previous Owner $900,000
Previous Owner $598,500
Previous Owner $620,000
Previous Owner $431,600
Closed $53,950
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2020 01/13/20 Sold $1,425,000 -1.7% $445 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $1,450,000 +20.8% $453 / Sq Ft
05/17/2019 05/17/19 Sold $1,200,000 +0.1% $408 / Sq Ft View Prior Sale
05/10/2019 05/10/19 Pending -- -- --
05/09/2019 05/09/19 For Sale $1,199,000 -- $407 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,600 $1,558,439 $1,017,087 $541,352
2024 $19,724 $1,527,883 $997,145 $530,738
2023 $19,397 $1,497,926 $977,594 $520,332
2022 $18,202 $1,468,556 $958,426 $510,130
2021 $19,325 $1,439,762 $939,634 $500,128
2020 $15,391 $1,224,000 $856,800 $367,200
2019 $9,083 $700,447 $494,666 $205,781
2018 $8,752 $686,714 $484,967 $201,747
2016 $8,042 $660,050 $466,136 $193,914
2015 $7,721 $650,137 $459,135 $191,002
2014 $7,673 $637,403 $450,142 $187,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19270320

California Regional Multiple Listing Service (CRMLS)

APN: 7257-001-017

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