Seller's Agent in 2012
Greg Bassirpou
Marcus & Millichap RE Invest
(949) 419-3269
30 Total Sales
4958 Oregon Ave Long Beach, CA 90805
Sutter NeighborhoodEstimated Value: $757,000 - $1,094,243
4
Beds
3
Baths
1,750
Sq Ft
$551/Sq Ft
Est. Value
Highlights
- Double Pane Windows
- No Heating
- 1-minute walk to C David Molina Park
- Wood Siding
About This Home
As of July 2012The investment consists of a unit mix of one two-bedroom/one-bathroom and two one-bedroom/one-bathroom units. It is a single-story, garden-style building. Each unit is separately metered for gas and electricity and has new windows. Historically it has enjoyed a very high occupancy rate and also a very low expense building. There is an onsite laundry room that is currently not in use and has enclosed garages for parking.
Last Agent to Sell the Property
Marcus & Millichap RE Invest License #01365951 Listed on: 02/14/2012
Last Buyer's Agent
Dan The Real Estate Man
C-21 Classic Estates License #00462316
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 6,054 Sq Ft Lot
Parking
- 3 Car Garage
Home Design
- Wood Siding
- Stucco
Interior Spaces
- 1,750 Sq Ft Home
- Double Pane Windows
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- No Heating
- Electric Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Tract Number 22652
- Assessor Parcel Number 7133019020
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $600
- Insurance Expense $850
- Other Expense $2,000
- Water Sewer Expense $1,080
- New Taxes Expense $5,625
- Gross Income $3,000
- Net Operating Income $25,345
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 18, 2013
Sold by
Kung Kenneth Ching Yu
Bought by
The Kung Lin Revocable Living Trust
Current Estimated Value
Purchase Details
Listed on
Feb 14, 2012
Closed on
May 29, 2012
Sold by
Fong Rebecca Wai Fun
Bought by
Kung Kenneth Ching Yu and Lin Amy Tzefeng
Seller's Agent
Greg Bassirpou
Marcus & Millichap RE Invest
Buyer's Agent
Dan The Real Estate Man
C-21 Classic Estates
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$277,500
Outstanding Balance
$191,140
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$773,171
Purchase Details
Closed on
Jun 17, 2008
Sold by
Fong Sam K and Fong Miranda T
Bought by
Fong Rebecca Wai Fun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Kung Lin Revocable Living Trust | -- | None Available | |
| Kung Kenneth Ching Yu | $425,000 | Lawyers Title Company | |
| Fong Rebecca Wai Fun | $480,000 | Ortc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kung Kenneth Ching Yu | $277,500 | |
| Previous Owner | Fong Rebecca Wai Fun | $384,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/13/2012 07/13/12 | Sold | $425,000 | -5.6% | $243 / Sq Ft |
| 07/09/2012 07/09/12 | Pending | -- | -- | -- |
| 02/14/2012 02/14/12 | For Sale | $450,000 | -- | $257 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,011 | $523,345 | $264,751 | $258,594 |
| 2024 | $7,011 | $513,084 | $259,560 | $253,524 |
| 2023 | $6,891 | $503,024 | $254,471 | $248,553 |
| 2022 | $6,478 | $493,162 | $249,482 | $243,680 |
| 2021 | $6,343 | $483,493 | $244,591 | $238,902 |
| 2019 | $6,253 | $469,555 | $237,338 | $232,217 |
| 2018 | $6,030 | $460,357 | $232,685 | $227,672 |
| 2016 | $5,551 | $442,098 | $223,650 | $218,448 |
| 2015 | $5,333 | $435,458 | $220,291 | $215,167 |
| 2014 | $5,307 | $426,929 | $215,976 | $210,953 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Bassirpou
-
D
Buyer's Agent in 2012
Dan The Real Estate Man
C-21 Classic Estates
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: S688118
APN: 7133-019-020
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
Nearby Homes
- 4907 Brook Ave
- 4925 Holly Ave
- 4841 Agate Ave
- 4841 Holly Ave Unit 114
- 53 W Pleasant St
- 66 W 49th St
- 4733 Holly Ave
- 57 W Arbor St
- 12 W Pleasant St
- 42 W Mountain View St
- 223 E Pleasant St
- 34 E 53rd St
- 300 E Arbor St Unit 12
- 17 E Plymouth St
- 312 E Peace St
- 305 E 52nd St
- 400 E Arbor St Unit 1
- 5355 Pine Ave
- 83 E Louise St
- 5512 Long Beach Blvd
- 4966 Oregon Ave Unit E
- 4966 Oregon Ave Unit D
- 4966 Oregon Ave Unit b
- 4966 Oregon Ave
- 4950 Oregon Ave
- 4974 Oregon Ave
- 4942 Oregon Ave
- 4961 Daisy Ave
- 4955 Daisy Ave
- 4967 Daisy Ave
- 4934 Oregon Ave
- 170 W Del Amo Blvd Unit C
- 170 W Del Amo Blvd Unit B
- 170 W Del Amo Blvd
- 4975 Daisy Ave
- 162 W Del Amo Blvd
- 4945 Daisy Ave
- 158 W Del Amo Blvd Unit sA
- 158 W Del Amo Blvd Unit B
- 4941 Daisy Ave