NOT LISTED FOR SALE

4621 E 14th St Long Beach, CA 90804

Bryant Neighborhood

Estimated Value: $3,592,361

16 Beds
8 Baths
6,435 Sq Ft
$558/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $2,100,000 $326 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $21,822/month

30 Days on Market

Highlights

  • 12,203 Sq Ft lot
  • Woodrow Wilson High School Rated A
  • Air Conditioning

About This Home

As of July 2018

4621 E 14th St is an 8-unit low rise garden style apartment bldg comprised of 1 duplex and a two story 6 unit bldg all featuring 2 bedrooms w/1 bathroom. The bldg is located on the Eastside of Long Beach and immediately adjacent to Recreation Park and also just over 1 mile away from Cal State University, Long Beach helping to make this an extremely desirable area with a low vacancy rate.*Extremely Clean & Well Managed*All 2 BD's - Very Spacious - Significant Upside*New Roof, Updated Electrical w/Sub-panels, & New Windows*Gated Entrance w/Digital Keypad*10 Covered Parking Spaces

Last Agent to Sell the Property

Byron Field

Keller Williams Larchmont License #01934775 Listed on: 04/05/2018

Keller Williams Larchmont

Last Buyer's Agent

Patrick Swanson

Pat Swanson License #01382974

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 0.28 Acre Lot

Parking

  • 10 Parking Spaces

Interior Spaces

  • 6,435 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 7220-009-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6435
  • Stories: 2
  • Year Built: 1944
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 8.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 341.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall
  • Water Expense: 3840.00

Condo/Co-op/Association

  • Professional Management: 8060.00

Fee Information

  • Insurance Expense: 3539.00
  • Maintenance Expense: 4400.00

Lot Info

  • Assessed Improvement Value: 238369
  • Assessed Land Value: 278099
  • Assessor Parcel Number: 7220-009-021
  • Geocode Override: No
  • Lot Size Area: 12203

Rental Info

  • Monthly Gross Income: 11075.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 16.38
  • Gross Scheduled Income: 132900.00
  • Number Of Units: 8
  • Type Of Units: Apartments

Tax Info

  • Tax Expense: 27500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2019
Sold by
Scarfone Patricia M and The Scarfone Family Trust
Bought by
Secor Jerald Alan and Secor Pamela Lynn
Current Estimated Value
$3,592,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 21, 2018
Sold by
Fell Milton E and Fell Ruth E
Bought by
Scarfone Patricia M and Scarfone Giovanni Battista
Seller's Agent
Byron Field
Keller Williams Larchmont
Buyer's Agent
Patrick Swanson
Pat Swanson
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$155,000
Interest Rate
4.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 14, 2006
Sold by
Fell Milton E and Fell Ruth E
Bought by
Fell Milton E and Fell Ruth E

Purchase Details

Closed on
May 17, 2000
Sold by
Warhurst Albert H
Bought by
Fell Milton E and Fell Ruth
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
Secor Jerald Alan $2,575,000 Commonwealth Land Title
Scarfone Patricia M $2,100,000 Lawyers Title
Fell Milton E -- None Available
Fell Milton E -- --
Warhurst Albert H $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Secor Jerald Alan $1,500,000
Previous Owner Scarfone Patricia M $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2018 07/18/18 Sold $2,100,000 -4.5% $326 / Sq Ft
04/05/2018 04/05/18 For Sale $2,200,000 -- $342 / Sq Ft
Source: The MLS

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 $36,011 $2,816,136 $1,093,645 $1,722,491
2024 $36,011 $2,760,918 $1,072,201 $1,688,717
2023 $35,407 $2,706,783 $1,051,178 $1,655,605
2022 $33,232 $2,653,710 $1,030,567 $1,623,143
2021 $32,572 $2,601,677 $1,010,360 $1,591,317
2019 $26,972 $2,100,720 $1,470,000 $630,720
2018 $7,702 $527,516 $283,660 $243,856
2016 $7,072 $506,343 $272,647 $233,696
2015 $6,813 $498,738 $268,552 $230,186
2014 $6,810 $488,969 $263,292 $225,677
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Byron Field

    Keller Williams Larchmont

    Section Image
  • Patrick Swanson

    Buyer's Agent in 2018

    Patrick Swanson

    Pat Swanson

    (213) 864-2862

    1 in this area

    57 Total Sales

    Patrick Swanson
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-338204

The MLS

APN: 7220-009-021

California Los Angeles County Long Beach 90804 Bryant

4621 E 14th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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