NOT LISTED FOR SALE

4818 N Lakewood Blvd Long Beach, CA 90808

Lakewood VIllage Neighborhood

Estimated Value: $1,161,000 - $1,530,000

4 Beds
4 Baths
2,320 Sq Ft
$598/Sq Ft Est. Value

Last Sold April 06, 2021

Last sale price $1,100,000 $474 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,580/month

9 Days on Market

Highlights

  • Property is near a park
  • Wood Flooring
  • Rectangular Lot
  • Mark Twain Elementary School Rated A-
  • Park
  • Wall Furnace

About This Home

As of April 2021

Great opportunity to own this 4 unit building in the popular Lakewood Village neighborhood. All units are one bedroom and one bath and have separate gas and electric meters, and water heaters. With huge lot and set back off the service street, there is on site parking as well as plenty of street parking. The property is professionally managed and in good condition. Fantastic location near the new LBX shopping center featuring Whole Foods and Nordstrom Rack, minutes to Lakewood mall, freeways and more! Multi units rarely come up in the area so don't let this pass you by!

Last Agent to Sell the Property

Denise Reesha

Keller Williams Pacific Estate License #01411207 Listed on: 02/28/2021

Keller Williams Pacific Estate

Last Buyer's Agent

Raj Sharma

HomeSmart Realty Group License #01943882

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 7,562 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Parking Spaces

Home Design

  • 2,320 Sq Ft Home
  • Quadruplex

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Location

  • Property is near a park
  • Property is near public transit

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / A
  • Tax Tract Number 12773
  • Assessor Parcel Number 7181001008

Community Details

Overview

  • 4 Units
  • Lakewood Village Subdivision

Recreation

  • Park

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $600
  • Insurance Expense $1,000
  • Water Sewer Expense $1,166
  • New Taxes Expense $13,124
  • Gross Income $60,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Lakewood Village (LKVL)
  • Water Sewer Expenses: 1166.00
  • Zoning: LBR34
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 7181001008
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Wood
  • Price Per Square Foot: 474.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 7562.00
  • Lot Size Acres: 0.1736

Multi Family

  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 7562.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 13124.00
  • Tax Block: A
  • Tax Census Tract: 5708.00
  • Tax Lot: 8
  • Tax Tract Number: 12773

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2023
Sold by
Tang Sopheap
Bought by
Grand Rental Property Llc
Current Estimated Value
$1,388,023

Purchase Details

Closed on
Oct 9, 2008
Sold by
Homme Shirley J and The Shirley J Homme Trust
Bought by
Llb Holdings Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grand Rental Property Llc -- None Listed On Document
Llb Holdings Llc -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2021 04/06/21 Sold $1,100,000 +4.8% $474 / Sq Ft
02/28/2021 02/28/21 For Sale $1,049,900 -- $453 / 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 $15,345 $1,190,673 $757,701 $432,972
2024 $15,345 $1,167,328 $742,845 $424,483
2023 $15,086 $1,144,440 $728,280 $416,160
2022 $14,159 $1,122,000 $714,000 $408,000
2021 $1,992 $101,858 $36,656 $65,202
2020 $1,984 $101,295 $36,281 $65,014
2019 $1,963 $99,319 $35,570 $63,749
2018 $1,820 $97,382 $34,873 $62,509
2016 $1,674 $93,141 $33,520 $59,621
2015 $1,622 $91,743 $33,017 $58,726
2014 $1,636 $89,947 $32,371 $57,576
Source: Public Records

Agents Affiliated with this Home

  • Denise Reesha

    Seller's Agent in 2021

    Denise Reesha

    Keller Williams Pacific Estate

    (562) 301-9538

    1 in this area

    56 Total Sales

    Denise Reesha
    Section Image

  • R

    Buyer's Agent in 2021

    Raj Sharma

    HomeSmart Realty Group

    2 in this area

    20 Total Sales

    Raj Sharma
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21041140

California Regional Multiple Listing Service (CRMLS)

APN: 7181-001-008

California Los Angeles County Long Beach 90808 Lakewood VIllage

4818 N Lakewood Blvd, Long Beach, CA

Not Listed for Sale

MultiFamily

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