NOT LISTED FOR SALE

Estimated Value: $1,358,000 - $1,731,000

13 Beds
7 Baths
5,304 Sq Ft
$292/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2019

Last sale price $1,150,000 $217 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,805 / mo

62 Days on Market

Highlights

  • Corner Lot
  • Long Beach Polytechnic High School Rated A
  • No HOA

About This Home

As of July 2019

Drive by only! Excellent Set up: 130ft frontage and 50ft dep easy for cars parking single family home on the left with 5 bedrooms 2.5 baths, center building is the 2 car garages with storage on top which is rented for additional income, third building on the right is the 3 units consist of 4 bedroom 2 baths on top and 2 - 2bedroom 1 bath each on the bottom.

Last Agent to Sell the Property

Steve Vong

First American Team Realty Inc License #01273285 Listed on: 03/21/2019

Last Buyer's Agent

Steve Vong

First American Team Realty Inc License #01273285 Listed on: 03/21/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 6,742 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 5,304 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 10
  • Tax Tract Number 10
  • Assessor Parcel Number 7269033007

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $26,250
  • Operating Expense $31,650
  • Gross Income $91,164
  • Net Operating Income $80,924

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

6,742 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 1200.00
  • Zoning: LBR3S
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7269033007
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 216.82

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 6742.00
  • Lot Size Acres: 0.1548

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 91164.00
  • Gross Scheduled Income: 91164.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6742.0000 Square Feet
  • Net Operating Income: 80924.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 10240.00
  • Other Income1: 650.00
  • Rent Control: No
  • Total Expenses: 31650.00

Tax Info

  • New Taxes Expense: 26250.00
  • Tax Census Tract: 5753.00
  • Tax Lot: 10
  • Tax Tract Number: 10

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
Mar 21, 2019
Closed on
Jun 25, 2019
Sold by
Bought by
Seller's Agent
Steve Vong
First American Team Realty Inc
Buyer's Agent
Steve Vong
First American Team Realty Inc
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Current Estimated Value
$1,546,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,656
Avg. Annual Appreciation
4.37%
Original Mortgage
$862,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2019
Closed on
May 28, 2019
Sold by
Bought by
Seller's Agent
Steve Vong
First American Team Realty Inc
Buyer's Agent
Steve Vong
First American Team Realty Inc
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.83%

Purchase Details

Closed on
Aug 28, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Mar 28, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,714
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 1999
Sold by
Bought by

Purchase Details

Closed on
Sep 24, 1998
Sold by
Bought by

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
6.71%

Purchase Details

Closed on
Dec 29, 1995
Sold by
Bought by

Purchase Details

Closed on
Nov 2, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
-- Chicago Title Company
$1,150,000 Chicago Title Company
-- None Available
-- None Available
$356,000 Nations
-- Nations
-- First American Title Ins Co
$372,075 First American Title Ins Co
-- --
$330,000 Benefit Land Title Company
-- --
$175,000 Fidelity National Title Co
-- Fidelity National Title Co
-- Fidelity Title
-- Fidelity Title
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
Previous Owner $862,500
Previous Owner $200,000
Previous Owner $324,714
Previous Owner $216,000
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
07/16/2019 07/16/19 Sold $1,150,000 -8.0% $217 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
03/21/2019 03/21/19 For Sale $1,250,000 -- $236 / 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 $17,124 $1,257,689 $656,186 $601,503
2024 $16,373 $1,233,029 $643,320 $589,709
2023 $16,101 $1,208,853 $630,706 $578,147
2022 $15,125 $1,185,151 $618,340 $566,811
2021 $14,810 $1,161,914 $606,216 $555,698
2020 $14,770 $1,150,000 $600,000 $550,000
2019 $6,550 $462,201 $275,247 $186,954
2018 $6,267 $453,139 $269,850 $183,289
2017 $6,202 $444,255 $264,559 $179,696
2016 $5,739 $435,545 $259,372 $176,173
2015 $5,522 $429,003 $255,476 $173,527
2014 $5,502 $420,600 $250,472 $170,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19064780

California Regional Multiple Listing Service (CRMLS)

APN: 7269-033-007

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