NOT LISTED FOR SALE

Estimated Value: $842,000 - $941,000

4 Beds
3 Baths
1,854 Sq Ft
$480/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $360,000 $194 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $5,159/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • 3-minute walk to Grace Park
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of September 2012

Gorgeous tri-plex located in North Long Beach. Come take a look at this beauty with 3 on lot that can be used as an income property or live in one unit and rent the other 2. The units have been freshly painted on the interior and exterior and has new landscaping that will take your breath away. The front 2 units have 1 bedroom and 1 bathroom with gorgeous laminate wood flooring. The rear unit has 2 bedrooms and 1 bathroom and lush new carpeting in the bedrooms. They all have new custom kitchens and granite counter-tops. There are ceiling fans in the bedrooms for your comfort. Each bathroom has been recently redone and they have new vanities, mirrors and light fixtures. Each unit has a 1 car garage with new garage door and there is a large driveway for extra cars. This unit also has new windows for that added touch. It is move in ready and priced to sell. Come make an offer today and start making $$ tomorrow!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 06/14/2012

Last Buyer's Agent

Maria Angel

National Homes & Investments License #00636194

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 6,324 Sq Ft Lot

Parking

  • 6 Parking Spaces

Home Design

  • 1,854 Sq Ft Home
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 106
  • Tax Tract Number 5134
  • Assessor Parcel Number 7127023022

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,800
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 9.34
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7127023022
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 194.17

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6324.00
  • Lot Size Acres: 0.1450

Multi Family

  • Gross Income: 2800.00
  • Gross Multiplier: 10.71
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 6324.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

Tax Info

  • Tax Area: 4992
  • Tax Lot: 106
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2020
Sold by
Perez Jose De Jusus and Perez Avelina
Bought by
Perez Jose De Jesus and Perez Avelina
Current Estimated Value
$890,635

Purchase Details

Closed on
Jul 10, 2012
Sold by
Skyline Vista Equities Llc
Bought by
Perez Jesus and Perez Avelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2012
Sold by
Jimenez Pedro T and Jimenez Sharon K
Bought by
Skyline Vista Equities Llc

Purchase Details

Closed on
Aug 8, 2001
Sold by
Bell David L and Bell Nancy S
Bought by
Jimenez Pedro T and Jimenez Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2001
Sold by
Bell David L
Bought by
Bell David L and Bell Nancy S

Purchase Details

Closed on
Dec 11, 2000
Sold by
Bell Charles Bartlett
Bought by
Bell Charles Bartlett and Bell Patricia Phillips

Purchase Details

Closed on
Mar 9, 1998
Sold by
Bell Charles A Tr Bell Trust
Bought by
Bell Charles A and Bell Trust

Purchase Details

Closed on
Feb 21, 1996
Sold by
Bell Charles A and The Bell Trust
Bought by
Bell Charles A and Bell Mary Aleise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
7%
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
Perez Jose De Jesus -- None Available
Perez Jesus $360,000 Title 365
Skyline Vista Equities Llc $238,500 None Available
Jimenez Pedro T $78,000 Fidelity National Title
Jimenez Pedro T $78,000 Fidelity National Title
Bell David L -- --
Bell Charles Bartlett -- --
Bell David Lawrence -- --
Bell Charles A -- --
Bell Charles A -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Jesus $270,000
Previous Owner Jimenez Pedro T $132,600
Previous Owner Bell Charles A $88,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2012 09/11/12 Sold $360,000 +2.9% $194 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $349,900 -- $189 / 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 $6,071 $443,306 $246,282 $197,024
2024 $6,071 $434,614 $241,453 $193,161
2023 $5,966 $426,093 $236,719 $189,374
2022 $5,613 $417,739 $232,078 $185,661
2021 $5,494 $409,549 $227,528 $182,021
2020 $5,480 $405,350 $225,195 $180,155
2019 $5,417 $397,403 $220,780 $176,623
2018 $5,184 $389,611 $216,451 $173,160
2016 $4,772 $374,484 $208,047 $166,437
2015 $4,586 $368,859 $204,922 $163,937
2014 $4,567 $361,634 $200,908 $160,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P825395

California Regional Multiple Listing Service (CRMLS)

APN: 7127-023-022