Seller's Agent in 2021
Paige Charnick
Beach Equities
(562) 597-8413
2 in this area
86 Total Sales
525 E 19th St Long Beach, CA 90806
Sunrise NeighborhoodEstimated Value: $1,028,112 - $1,191,000
8
Beds
5
Baths
3,111
Sq Ft
$354/Sq Ft
Est. Value
Highlights
- No HOA
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
As of August 2021INVESTOR 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
Beach Equities License #01755588 Listed on: 07/07/2021
Last Buyer's Agent
Charlene Hoang
Redfin Corporation License #01975534
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,185
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 7, 2021
Closed on
Aug 3, 2021
Sold by
Romero Julio and Muniz Jose
Bought by
Fok Devin H and Lam Mei K
Seller's Agent
Paige Charnick
Beach Equities
Buyer's Agent
Charlene Hoang
Redfin Corporation
List Price
$780,000
Sold Price
$875,000
Premium/Discount to List
$95,000
12.18%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,528
Avg. Annual Appreciation
4.65%
Original Mortgage
$630,000
Outstanding Balance
$575,746
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$475,548
Purchase Details
Closed on
Jul 10, 2006
Sold by
Muniz Guadalupe and Muniz Maria
Bought by
Muniz Guadalupe and Muniz Maria A
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
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 |
|---|---|---|---|
| Fok Devin H | $875,000 | Fidelity National Title Co | |
| Muniz Guadalupe | -- | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fok Devin H | $630,000 | |
| Closed | Fok Devin H | $630,000 | |
| Previous Owner | Muniz Guadalupe | $430,000 | |
| Previous Owner | Muniz Guadalupe | $48,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $12,185 | $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
-
Estefanita Hands
Seller Co-Listing Agent in 2021
Estefanita Hands
Beach Equities
(562) 508-9869
1 in this area
41 Total Sales
-
Charlene Hoang
C
Buyer's Agent in 2021
Charlene Hoang
Redfin Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21147381
APN: 7209-004-010
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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
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