NOT LISTED FOR SALE

Estimated Value: $979,263 - $1,140,000

5 Beds
4 Baths
2,205 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2014

Last sale price $570,000 $259 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $6,781 / mo

184 Days on Market

Highlights

  • No Units Above
  • 0.16 Acre Lot
  • Bungalow
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • 3-minute walk to Miracle On Fourth Street Park

About This Home

As of May 2014

Well maintained triplex in the heart of Long Beach! Standard sale! Long term tenants (20, 5, 3 yrs) in all units! Spacious 3 bedroom / 2 bathroom (approximate 1500 + sqft) in the front and two 1 bedroom / 1 bathroom units (approximate 800 + sqft each) in the back. Located on a quiet street. Walking distance to the beach, schools and restaurants. Two 1- car garages and plenty of off street parking. Separate gas / electricity meters for each unit. Exterior was painted in 2013 and 2 bathrooms were remodeled in 2010. Newer built in 1955 for the area. Current rent is lower than market because of long term tenants - rent may have upside potential. Buyer to verify all info prior to COE.

Last Agent to Sell the Property

Jessy Carlos

PWR Staff Listed on: 10/20/2013

Last Buyer's Agent

George Mendoza

Realty One Group West License #01424014

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,747 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • No Units Located Below

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,205 Sq Ft Home
  • Bungalow
  • Property Attached
  • Stucco

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Accessible Home Design

  • Accessible Parking

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 7266014028

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,000
  • New Taxes Expense $6,000
  • Net Operating Income $29,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

6,747 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7266014028
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 258.50

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Appliances: Refrigerator
  • Heating Type: Forced Air, Wall Furnace
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 6747.00
  • Lot Size Acres: 0.1550

Multi Family

  • Average1 Bed Area: 800
  • Average3 Bed Area: 1500
  • Gross Scheduled Income: 36600.00
  • Lot Size Area: 6747.0000 Square Feet
  • Net Operating Income: 29600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 7000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 18

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

Closed on
Apr 25, 2019
Sold by
Bought by
Current Estimated Value
$1,040,816

Purchase Details

Closed on
Oct 16, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 2, 2018
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
$558,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2018
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
$558,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2010
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
$307,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
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
$475,600
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2004
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
$399,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
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
$399,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2003
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
$332,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2003
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
$332,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 1999
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
$152,625
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 19, 1998
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
$110,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 1994
Sold by
Bought by
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

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
-- None Available
-- None Available
-- Ticor Title
$744,000 Ticor Title
-- Accommodation
-- Ticor Title Company
$594,500 Gateway Title Company
-- Chicago Title Co
$499,500 Chicago Title Co
-- First Southwestern Title Co
$415,000 --
$160,000 Chicago Title Co
$68,500 Orange Coast Title
-- --
-- --
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
Previous Owner $558,000
Previous Owner $307,000
Previous Owner $475,600
Previous Owner $399,600
Previous Owner $332,000
Previous Owner $152,625
Previous Owner $110,000
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
05/29/2014 05/29/14 Sold $570,000 -8.8% $259 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
10/20/2013 10/20/13 For Sale $625,000 -- $283 / 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 $12,792 $947,126 $616,985 $330,141
2024 $12,249 $928,556 $604,888 $323,668
2023 $12,044 $910,350 $593,028 $317,322
2022 $11,310 $892,500 $581,400 $311,100
2021 $9,994 $783,230 $535,894 $247,336
2020 $9,772 $758,880 $530,400 $228,480
2019 $9,659 $744,000 $520,000 $224,000
2018 $7,485 $578,273 $404,461 $173,812
2016 $6,887 $555,819 $388,756 $167,063
2015 $6,995 $581,388 $407,992 $173,396
2014 $8,160 $675,993 $405,938 $270,055
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13216699

California Regional Multiple Listing Service (CRMLS)

APN: 7266-014-028

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