NOT LISTED FOR SALE

441 W 7th St Long Beach, CA 90813

Willmore Neighborhood

Estimated Value: $819,000 - $980,226

4 Beds
3 Baths
1,710 Sq Ft
$532/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $772,000 $451 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,707/month

5 Days on Market

Highlights

  • 0.17 Acre Lot
  • Private Yard
  • Laundry Room

About This Home

As of March 2021

This wont last !! Stop by and take a look at this beautiful and well kept triplex, located in a desire area in Downtown Long Beach. Great opportunity for any investor or first time homebuyer. Property has the following, two front units each 1bed-1 bath each with own yard and 1 car garage. The back unit has 2 beds/1 bath with own yard ,laundry area, storage and 1 car garage. This property has a total of 5 car garage all brand new doors with security system thought-out the property. There is also an addition income for 2 extra garages total of $275.Beautiful landscaping and much more . This is a must SEE!

Tenants pay all utility bills except water and gardener.

Last Agent to Sell the Property

Paola Melendez

Century 21 Allstars License #01779654 Listed on: 01/29/2021

Century 21 Allstars

Last Buyer's Agent

Elizabeth Do

Keller Williams Realty License #01473012

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,525 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard
  • Back Yard

Parking

  • 5 Car Garage

Home Design

  • 1,710 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Legal Lot and Block 22 / 36
  • Tax Tract Number 5758
  • Assessor Parcel Number 7272018022

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $800
  • Water Sewer Expense $1,500
  • New Taxes Expense $8,687
  • Gross Income $4,575
  • Net Operating Income $4,275

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Parking

5

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LBPD10
  • Property Type: Residential Income
  • Parcel Number: 7272018022
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 451.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 7525.00
  • Lot Size Acres: 0.1728

Multi Family

  • Gross Income: 4575.00
  • Gross Scheduled Income: 4575.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7525.0000 Square Feet
  • Net Operating Income: 4275.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 300.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8687.00
  • Tax Block: 36
  • Tax Census Tract: 5758.02
  • Tax Lot: 22
  • Tax Tract Number: 5758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2015
Closed on
Mar 12, 2015
Sold by
Lalani Nazmudin Madatali and Lalani Nazmudin Madatali
Bought by
Mercado Rutilo and Mercado Janet
Seller's Agent
Steven Guthrie
Platinum Finance Properties
Buyer's Agent
Margie Camacho
Century 21 Jervis & Associates
List Price
$449,900
Sold Price
$440,000
Premium/Discount to List
-$9,900
-2.2%
Current Estimated Value
$909,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,557
Avg. Annual Appreciation
7.04%
Original Mortgage
$330,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2013
Closed on
Aug 14, 2013
Sold by
Lalani Nazmudin M
Bought by
Lalani Nazmudin Madatali and Lalani Nazmudin Madatalli
Seller's Agent
allen levoff
Sotheby's International Realty
Buyer's Agent
Out of Area Out of Area
List Price
$259,000
Sold Price
$260,000
Premium/Discount to List
$1,000
0.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.84%

Purchase Details

Listed on
Jun 17, 2013
Closed on
Jul 11, 2013
Sold by
Mcintire R Dale
Bought by
Niteam Corporation
Seller's Agent
allen levoff
Sotheby's International Realty
Buyer's Agent
Out of Area Out of Area
List Price
$259,000
Sold Price
$260,000
Premium/Discount to List
$1,000
0.39%
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
Mercado Rutilo $440,000 Lawyers Title Company
Lalani Nazmudin Madatali -- Lawyers Title
Niteam Corporation $260,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mercado Rutilo $330,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/05/2021 03/05/21 Sold $772,000 +11.1% $451 / Sq Ft
02/05/2021 02/05/21 For Sale $695,000 -10.0% $406 / Sq Ft
02/04/2021 02/04/21 Off Market $772,000 -- --
01/29/2021 01/29/21 For Sale $695,000 +58.0% $406 / Sq Ft
04/30/2015 04/30/15 Sold $440,000 -2.2% $257 / Sq Ft View Prior Sale
03/10/2015 03/10/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $449,900 +73.0% $263 / Sq Ft
07/26/2013 07/26/13 Sold $260,000 +0.4% $392 / Sq Ft View Prior Sale
07/01/2013 07/01/13 Pending -- -- --
06/17/2013 06/17/13 For Sale $259,000 -- $390 / 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 $11,309 $835,635 $541,216 $294,419
2024 $10,855 $819,251 $530,604 $288,647
2023 $10,672 $803,188 $520,200 $282,988
2022 $10,024 $787,440 $510,000 $277,440
2021 $6,450 $488,537 $344,197 $144,340
2020 $6,434 $483,528 $340,668 $142,860
2019 $6,360 $474,048 $333,989 $140,059
2018 $6,092 $464,754 $327,441 $137,313
2016 $5,610 $446,709 $314,727 $131,982
2015 $3,423 $265,194 $183,596 $81,598
2014 $3,415 $260,000 $180,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • Paola Melendez

    Seller's Agent in 2021

    Paola Melendez

    Century 21 Allstars

    (562) 225-4802

    1 in this area

    164 Total Sales

    Paola Melendez
    Section Image
  • Elizabeth Do

    Buyer's Agent in 2021

    Elizabeth Do

    Keller Williams Realty

    (714) 317-7243

    1 in this area

    692 Total Sales

    Elizabeth Do
    Section Image

  • S

    Seller's Agent in 2015

    Steven Guthrie

    Platinum Finance Properties

    (714) 379-2370

    1 in this area

    16 Total Sales

    Steven Guthrie
    Section Image
  • Margie Camacho

    Buyer's Agent in 2015

    Margie Camacho

    Century 21 Jervis & Associates

    (562) 305-0199

    44 Total Sales

    Margie Camacho
    Section Image

  • a

    Seller's Agent in 2013

    allen levoff

    Sotheby's International Realty

    (323) 665-1700

    8 Total Sales

    allen levoff
    Section Image

  • O

    Buyer's Agent in 2013

    Out of Area Out of Area

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21016265

California Regional Multiple Listing Service (CRMLS)

APN: 7272-018-022

California Los Angeles County Long Beach 90802 Willmore

441 W 7th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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