NOT LISTED FOR SALE

Estimated Value: $712,000 - $1,018,694

2 Beds
1 Bath
1,381 Sq Ft
$637/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $655,000 $474 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,386/month

36 Days on Market

Highlights

  • Custom Home
  • Property is near a park
  • Main Floor Bedroom
  • Open Floorplan
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of May 2019

EFFECTIVELY 2 HOUSES ON ONE LOT. NO RENT CONTROL IN Long Beach. Single Family Home with Brand NEW Accessory Dwelling Unit - Legally Permitted by the City of Long Beach - and Separately Metered for Utilities. --- > PERFECT for Two Families wanting to Live/Qualify Together, or an Investor Looking for Bread and Butter Units in High Demand Area. FRONT HOUSE: Remodeled 2 Bedroom 1 Bathroom House with Newer Tile Flooring, Paint, Windows, Blinds, Copper Plumbing, Electrical Wiring and Fixtures, Wall Heater, Wall A/C Unit. Kitchen is Gorgeous with Black Counters and Dark Wood Finishes. Appliances Stay for the New Buyer. Front Porch is Covered for Lazy Summer Nights. 640sqft. BRAND NEW 2018-19 BUILT BACK HOUSE ABOVE GARAGE: 2 Bedroom 1 Bathroom OPEN CONCEPT with Large Living area. House above 2 Car Oversized 781sqft Garage with Inside Laundry and *** ROOM to Install a Studio Unit with Private Entrance and Still Park 2 cars.*** Everything New Construction on the Back ADU. Brand new Family Kitchen into Living Area, Newer Laminate Flooring, Paint, Windows, Blinds, Copper Plumbing, Electrical Wiring and Fixtures, Central HVAC system. 741sqft. LONG Driveway for 6-8 Cars with an Automatic Gate Access from Street. Small Yard Area for Both Houses. Located next to Parks, Schools, Shopping, Freeways, Public Transportation and More.

Last Agent to Sell the Property

Don Sutton

Sync Brokerage License #01335611 Listed on: 03/25/2019

Last Buyer's Agent

Ana B Gutierrez

Realty World Experts License #02019095

Realty World Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,998 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Custom Home
  • Bungalow
  • Turnkey
  • Combination Foundation
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,381 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Doors
  • Living Room
  • Storage

Kitchen

  • Built-In Range
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot

Location

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 991
  • Tax Tract Number 5134
  • Assessor Parcel Number 7127023015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $1,440
  • New Taxes Expense $2,500
  • Operating Expense $6,340
  • Gross Income $52,800
  • Net Operating Income $47,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • CapRate: 6.00
  • Inclusions: Existing Appliances on the Property.
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Bungalow, Custom Built
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7127023015
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Wired for Data
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Levels: Two
  • Price Per Square Foot: 474.29
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Combination
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, High Efficiency Water Heater, Refrigerator, Water Line to Refrigerator
  • Electric: 220 Volts
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1440.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 4998.00
  • Lot Size Acres: 0.1147

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 52800.00
  • Gross Multiplier: 13.00
  • Gross Operating Income: 52800.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 4998.0000 Square Feet
  • Net Operating Income: 47520.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 6340.00
  • Rent Control: No
  • Total Expenses: 6340.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Census Tract: 5703.04
  • Tax Lot: 991
  • Tax Tract Number: 5134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 1, 2019
Sold by
Do Dustin V
Bought by
Nava Delfino
Seller's Agent
Don Sutton
Sync Brokerage
Buyer's Agent
Ana B Gutierrez
Realty World Experts
List Price
$695,000
Sold Price
$655,000
Premium/Discount to List
-$40,000
-5.76%
Current Estimated Value
$879,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,174
Avg. Annual Appreciation
4.58%
Original Mortgage
$622,250
Outstanding Balance
$545,973
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$333,202

Purchase Details

Closed on
Mar 10, 2016
Sold by
Do Dustin V
Bought by
Do Dustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2012
Closed on
Jun 29, 2012
Sold by
Stearns Robin C
Bought by
Vando Dustin
Seller's Agent
Rebecca Caingcoy
Amberwood Real Estate, Inc.
Buyer's Agent
Rebecca Caingcoy
Amberwood Real Estate, Inc.
List Price
$185,000
Sold Price
$177,500
Premium/Discount to List
-$7,500
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$174,284
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2005
Sold by
Lines Judith
Bought by
Stearns Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2005
Sold by
Ortiz Marcos
Bought by
Stearns Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,500
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 31, 2004
Sold by
Mosqueda Mariana
Bought by
Ortiz Marcos and Ortiz Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Mosqueda Mariana
Bought by
Mosqueda Mariana and Ocampo Jose Enrique

Purchase Details

Closed on
Jul 24, 2003
Sold by
Avendano Juan
Bought by
Mosqueda Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,900
Interest Rate
5.87%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 22, 2003
Sold by
Manriquez Raul
Bought by
Avendano Juan

Purchase Details

Closed on
Apr 11, 2003
Sold by
Velasquez Quinmer I
Bought by
Manriquez Raul I

Purchase Details

Closed on
Mar 21, 2001
Sold by
Talalele Tom
Bought by
Manriquez Raul and Velasquez Quinmer I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,421
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 10, 1998
Sold by
Sala Elisala
Bought by
Talalele Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,601
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 1998
Sold by
Amer Tony
Bought by
Sala Elisala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,601
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Amer Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,601
Interest Rate
7.07%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 1997
Sold by
Salvatore Martin L and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nava Delfino $655,000 First American Title Company
Do Dustin -- Chicago Title Company
Vando Dustin $177,500 Chicago Title Company
Stearns Robin C -- Ticor Title Company
Stearns Robin C $375,000 Ticor Title Company
Ortiz Marcos $270,000 First American Title Co
Mosqueda Mariana -- --
Mosqueda Mariana $206,000 Fidelity National Title
Avendano Juan -- --
Manriquez Raul I -- --
Manriquez Raul $134,500 Southland Title Corporation
Talalele Tom -- --
Sala Elisala $105,000 Lawyers Title Company
Amer Tony $66,000 Lawyers Title Company
Federal Home Loan Mortgage Corporation $85,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nava Delfino $622,250
Previous Owner Do Dustin $256,000
Previous Owner Vando Dustin $174,284
Previous Owner Stearns Robin C $146,500
Previous Owner Ortiz Marcos $216,000
Previous Owner Mosqueda Mariana $30,900
Previous Owner Manriquez Raul $132,421
Previous Owner Sala Elisala $104,601
Previous Owner Amer Tony $46,200
Closed Ortiz Marcos $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2019 05/31/19 Sold $655,000 0.0% $474 / Sq Ft
05/31/2019 05/31/19 Sold $655,000 -2.2% $474 / Sq Ft View Prior Sale
04/22/2019 04/22/19 Price Changed $670,000 0.0% $485 / Sq Ft
04/22/2019 04/22/19 Price Changed $670,000 -3.6% $485 / Sq Ft
03/25/2019 03/25/19 For Sale $695,000 0.0% $503 / Sq Ft
03/13/2019 03/13/19 Price Changed $695,000 +3.0% $503 / Sq Ft
03/04/2019 03/04/19 For Sale $675,000 +280.3% $489 / Sq Ft
08/17/2012 08/17/12 Sold $177,500 -4.1% $277 / Sq Ft View Prior Sale
08/06/2012 08/06/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $185,000 -- $289 / 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 $9,344 $730,660 $390,429 $340,231
2024 $9,344 $716,334 $382,774 $333,560
2023 $9,188 $702,289 $375,269 $327,020
2022 $8,624 $688,519 $367,911 $320,608
2021 $8,455 $675,020 $360,698 $314,322
2020 $8,434 $668,100 $357,000 $311,100
2019 $2,616 $195,938 $147,700 $48,238
2018 $2,479 $192,097 $144,804 $47,293
2017 $2,451 $188,331 $141,965 $46,366
2016 $2,283 $184,639 $139,182 $45,457
2015 $2,272 $181,867 $137,092 $44,775
2014 $2,262 $178,305 $134,407 $43,898
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19066273

California Regional Multiple Listing Service (CRMLS)

APN: 7127-023-015