NOT LISTED FOR SALE

525 E 19th St Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $999,612 - $1,140,000

8 Beds
5 Baths
3,111 Sq Ft
$346/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $875,000 $281 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,715/month

21 Days on Market

Highlights

  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of August 2021

INVESTOR OPPORTUNITY, PRICED TO SELL! subject to inspection. See remarks. Multifamily craftsman property w gross annual rent approx. $58,800. Per tax roll: 5 bedrooms and 4 bathrooms on property. Per seller / tenants: Front Craftsman house has 4 bedrooms, 2 bathrooms, and a basement. Monthly rent for front is $1300 + $900. And, 3 units at the back of the lot: (#1: lower unit) 3 bedroom, 2 bath ($1200/mo); (#2: upper unit) 1 bedroom, 1 bath ($750/mo); and (#3: upper unit) 1 bedroom, 1 bath ($750/mo). The entire property is gated, and has 2 alleys to the east and north sides, which provide easy access. Units appear to be individually metered for gas and electric. Parking between the house and the triplex can accommodate 3-4 cars. As a probate sale, bldg expenses to be investigated by buyer. This property is a versatile investment with the option to live in the house or one of the units. Buyer to verify all aspects of property to satisfy self including but not limited to condition, permits, occupancy rent laws for city & state, etc. Drive by only, please do not disturb tenants. Probate Sale. As Is.

Last Agent to Sell the Property

Paige Charnick

Beach Equities License #01755588 Listed on: 07/07/2021

Co-Listed By

Estefanita Hands

Beach Equities License #01502653

Last Buyer's Agent

Charlene Hoang

Redfin Corporation License #01975534

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 6,439 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 3,111 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room

Parking

  • Parking Available
  • Off-Street Parking

Listing and Financial Details

  • Legal Lot and Block 7 / 3
  • Tax Tract Number 2
  • Assessor Parcel Number 7209004010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Poly High Subdivision

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • New Taxes Expense $9,750
  • Gross Income $58,800
  • Net Operating Income $58,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Poly High (PH)
  • Zoning: LBR1N
  • Property Type: Residential Income
  • Parcel Number: 7209004010
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 281.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6439.00
  • Lot Size Acres: 0.1478

Multi Family

  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Lot Size Area: 6439.0000 Square Feet
  • Net Operating Income: 58800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Other Expense Description: see note
  • Rent Control: Yes
  • Total Actual Rent: 58800.00

Tax Info

  • New Taxes Expense: 9750.00
  • Tax Block: 3
  • Tax Census Tract: 5732.02
  • Tax Lot: 7
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2006
Sold by
Muniz Guadalupe and Muniz Maria
Bought by
Muniz Guadalupe and Muniz Maria A
Current Estimated Value
$1,075,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Muniz Guadalupe -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muniz Guadalupe $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $875,000 +12.2% $281 / Sq Ft
07/07/2021 07/07/21 For Sale $780,000 -- $251 / 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 $12,734 $928,557 $530,604 $397,953
2024 $12,185 $910,350 $520,200 $390,150
2023 $11,978 $892,500 $510,000 $382,500
2022 $11,253 $875,000 $500,000 $375,000
2021 $3,629 $237,315 $73,675 $163,640
2020 $3,619 $235,163 $72,920 $162,243
2019 $3,579 $230,559 $71,491 $159,068
2018 $3,397 $226,045 $70,090 $155,955
2016 $3,120 $217,000 $67,369 $149,631
2015 $3,008 $213,742 $66,358 $147,384
2014 $3,011 $209,556 $65,059 $144,497
Source: Public Records

Agents Affiliated with this Home

  • Paige Charnick

    Seller's Agent in 2021

    Paige Charnick

    Beach Equities

    (562) 597-8413

    2 in this area

    83 Total Sales

    Paige Charnick
    Section Image
  • Estefanita Hands

    Seller Co-Listing Agent in 2021

    Estefanita Hands

    Beach Equities

    (562) 508-9869

    1 in this area

    38 Total Sales

    Estefanita Hands
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21147381

California Regional Multiple Listing Service (CRMLS)

APN: 7209-004-010

California Los Angeles County Long Beach 90806 Sunrise

525 E 19th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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