Seller's Agent in 2020
Ben Lara
American Pacific Realty
(714) 793-3999
9 Total Sales
4786 E Malta St Long Beach, CA 90815
Traffic Circle Neighborhood
8
Beds
6
Baths
5,548
Sq Ft
7,891
Sq Ft Lot
Highlights
- Gated Community
- Traditional Architecture
- Tile Flooring
- Stanford Middle School Rated A-
- Living Room Balcony
- 6 Car Garage
About This Home
As of October 2020This property consists of a 5-unit multifamily development. The front unit can be an owner's unit comprised of a 2-story 3-bedroom, 2-bathroom residence. The rear units consist of three 2-bedroom, 2-bathroom units and one 1-bedroom, 1-bathroom unit. The units have a patio or balcony feature with a hydronic heating system. The unit interiors are finished with laminate wood floors, wall-to-wall carpeting in the bedrooms, and ceramic tile floors in the bathrooms and kitchens. The kitchens have freestanding electric range/oven, vent fan hoods, and dishwashers. The property's common area includes a laundry room with coin operated washer and dryer. The rear units have a security gate entry. The property has a 2-car garage, six 1-car garages, 2-open spaces with a secured open space area in the rear that can be used for storage or converted to two additional open space parking. The property is located in the Circle / Los Altos Area in Long Beach and is approximately 3/4 mile from California State University Long Beach campus. There is a large student population in the neighborhood. Rents are below market with good upside potential.
Last Agent to Sell the Property
American Pacific Realty License #00879626 Listed on: 08/03/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1978
Lot Details
- 7,891 Sq Ft Lot
- Property fronts an alley
- No Common Walls
- Block Wall Fence
- Front Yard Sprinklers
Parking
- 6 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Assigned Parking
Home Design
- Traditional Architecture
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 5,548 Sq Ft Home
- 2-Story Property
- Window Screens
- Living Room with Fireplace
- Living Room Balcony
- Fire and Smoke Detector
- Laundry in unit
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
- Formica Countertops
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Utilities
- Heating Available
- Vented Exhaust Fan
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, parking fee
- Tax Lot 22
- Tax Tract Number 15865
- Assessor Parcel Number 7220002022
Community Details
Overview
- 5 Units
- Los Altos/North Of Fwy Subdivision
Building Details
- 4 Leased Units
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $800
- Insurance Expense $5,418
- Maintenance Expense $2,000
- Other Expense $3,200
- Pest Control $900
- Professional Management Expense $5,061
- Trash Expense $2,100
- New Taxes Expense $22,868
- Operating Expense $42,347
- Gross Income $133,200
- Net Operating Income $84,063
Additional Features
- Laundry Facilities
- Gated Community
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
Listed on
Aug 3, 2020
Closed on
Oct 8, 2020
Sold by
Bought by
Seller's Agent
Ben Lara
American Pacific Realty
Buyer's Agent
David Goodwin
Fiv Realty Co
List Price
$1,900,000
Sold Price
$1,875,000
Premium/Discount to List
-$25,000
-1.32%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
0.028%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 17, 2012
Sold by
Bought by
Purchase Details
Closed on
Jan 29, 1999
Sold by
Bought by
Purchase Details
Closed on
Jan 23, 1998
Sold by
Bought by
Purchase Details
Closed on
Sep 2, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,875,000 | First American Title Company | ||
| -- | None Available | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $765,000 |
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 |
|---|---|---|---|---|
| 10/29/2020 10/29/20 | Sold | $1,875,000 | -1.3% | $338 / Sq Ft |
| 08/11/2020 08/11/20 | Pending | -- | -- | -- |
| 08/03/2020 08/03/20 | For Sale | $1,900,000 | -- | $342 / 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 | $28,122 | $2,029,558 | $1,298,917 | $730,641 |
| 2024 | $26,902 | $1,989,764 | $1,273,449 | $716,315 |
| 2023 | $26,427 | $1,950,750 | $1,248,480 | $702,270 |
| 2022 | $24,815 | $1,912,500 | $1,224,000 | $688,500 |
| 2021 | $24,294 | $1,875,000 | $1,200,000 | $675,000 |
| 2019 | $10,650 | $720,660 | $288,261 | $432,399 |
| 2018 | $10,282 | $706,530 | $282,609 | $423,921 |
| 2016 | $9,471 | $679,096 | $271,636 | $407,460 |
| 2015 | $9,121 | $668,896 | $267,556 | $401,340 |
| 2014 | $9,067 | $655,794 | $262,315 | $393,479 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Lara
-
David Goodwin
Buyer's Agent in 2020
David Goodwin
Fiv Realty Co
(714) 421-9517
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20155591
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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