NOT LISTED FOR SALE

464 E Mountain View St Long Beach, CA 90805

Addams Neighborhood

Estimated Value: $889,785 - $1,133,000

6 Beds
4 Baths
2,744 Sq Ft
$368/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $650,000 $237 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,087/month

98 Days on Market

About This Home

As of October 2017

Great opportunity to own income property. Nice area in Long Beach. Two level units, each unit is 3 bedrooms 1 1/2 bathrooms.

Last Agent to Sell the Property

Martha Sierra

Realty One Group Homelink License #01850626 Listed on: 05/30/2017

Realty One Group Homelink

Last Buyer's Agent

Jose Leon

Pak Home Realty License #01813677

Pak Home Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 3,400 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,744 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 644
  • Tax Tract Number 5134
  • Assessor Parcel Number 7130005037

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $33,600
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7130005037
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 236.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3400.00

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 2800.00
  • Net Operating Income: 26400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7200.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5717.04
  • Tax Lot: 644
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2018
Sold by
Meraz Javier
Bought by
Meraz Jose Luis and The 2013 Meraz Family Irrevocable Family
Current Estimated Value
$1,010,196

Purchase Details

Listed on
May 30, 2017
Closed on
Sep 5, 2017
Sold by
Mares Jesus
Bought by
Meraz Javier and Meraz Maria Deli
Seller's Agent
Martha Sierra
Realty One Group Homelink
Buyer's Agent
Jose Leon
Pak Home Realty
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$455,000
Outstanding Balance
$379,138
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$631,058

Purchase Details

Closed on
Apr 21, 2010
Sold by
Almanza Martha
Bought by
Mares Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,615
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2004
Sold by
Alcala Antonio G
Bought by
Alcala Antonio G

Purchase Details

Closed on
Jun 10, 2004
Sold by
Alcala Antonio G and Alcala Aurelio G
Bought by
Almanza Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,550
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2002
Sold by
Alcala Antonio G and Alcala Irma
Bought by
Alcala Aurelio G

Purchase Details

Closed on
May 22, 2002
Sold by
Alcala Aurelio G and Alcala Mariano G
Bought by
Alcala Antonio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,700
Interest Rate
6.89%

Purchase Details

Closed on
Jan 31, 1995
Sold by
Alcala Aurelio G and Alcala Mariano G
Bought by
Alcala Aurelio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,745
Interest Rate
9.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 1994
Sold by
Tesler Jeny and Herman Tesler Family Trust
Bought by
Alcala Aurelio G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,745
Interest Rate
9.1%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 18, 1994
Sold by
Tesler Jeny
Bought by
Tesler Jeny and Herman Tesler Family Trust
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
Meraz Jose Luis -- None Available
Meraz Javier $650,000 Priority Title
Mares Jesus $330,000 Fatcola
Alcala Antonio G -- --
Almanza Martha $489,000 Fidelity National Title Comp
Alcala Aurelio G -- --
Alcala Antonio G -- --
Alcala Antonio G -- --
Alcala Antonio G -- Gateway Title Company
Alcala Aurelio G -- --
Alcala Aurelio G $153,000 Orange Coast Title
Tesler Jeny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meraz Javier $455,000
Previous Owner Mares Jesus $325,615
Previous Owner Almanza Martha $464,550
Previous Owner Alcala Antonio G $141,700
Previous Owner Alcala Aurelio G $149,745
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $650,000 0.0% $237 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $650,000 -- $237 / 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 $9,524 $739,583 $227,563 $512,020
2024 $9,524 $725,082 $223,101 $501,981
2023 $9,366 $710,866 $218,727 $492,139
2022 $8,794 $696,929 $214,439 $482,490
2021 $8,613 $683,265 $210,235 $473,030
2019 $8,491 $663,000 $204,000 $459,000
2018 $8,243 $650,000 $200,000 $450,000
2016 $4,427 $359,831 $130,847 $228,984
2015 $4,252 $354,427 $128,882 $225,545
2014 $4,227 $347,485 $126,358 $221,127
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Martha Sierra

    Realty One Group Homelink

    Section Image
  • Jose Leon

    Buyer's Agent in 2017

    Jose Leon

    Pak Home Realty

    (323) 490-0230

    37 Total Sales

    Jose Leon
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17119791

California Regional Multiple Listing Service (CRMLS)

APN: 7130-005-037

California Los Angeles County Long Beach 90805 Addams

464 E Mountain View St, Long Beach, CA

Not Listed for Sale

MultiFamily

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