NOT LISTED FOR SALE

Estimated Value: $1,104,328

3 Beds
2 Baths
2,318 Sq Ft
$476/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $950,000 $410 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,862/month

82 Days on Market

Highlights

  • Guest House
  • Central Heating and Cooling System
  • 3-minute walk to Drake Park
  • Laundry Room
  • 2 Car Garage

About This Home

As of December 2021

***VACANT***Unique beautiful and fully renovated 3+2 HOUSE near Downtown Long Beach, just one mile from the beach, and one block from Drake Park. Share the lot with a charming COMMERCIAL STOREFRONT perfect for a small business, coffee shop, or art studio; & a 1+1 APARTMENT in back. There are NO COMMON WALLS so this is very private. This historic mixed use property has been completely renovated from the top down with new kitchens, bathrooms, hardwood floors, new appliances, upgraded electrical, & plumbing. THE HOUSE: This 1,450 sqft. 3 bedroom 2 bathroom house has a full bathroom with tub & shower, and a second 3/4 master bathroom with exquisite tile work throughout. PARKING & LAUNDRY: The home comes with a private garage with secure remote access off the alley. Fits up to two smaller cars. The garage comes equipped with available 220V for electric vehicle charging, and laundry hook ups.

Last Agent to Sell the Property

Gil Corber

Propnation, Inc. License #01378982 Listed on: 09/13/2021

Last Buyer's Agent

Maya Haffar

KAM Financial & Realty, Inc. License #01919999

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,503 Sq Ft Lot
  • Lot Dimensions are 70x50

Parking

  • 2 Car Garage

Interior Spaces

  • 2,318 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, water, trash collection, insurance, gas
  • Assessor Parcel Number 7272-009-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Disability Access: Handicap Access
  • Living Area: 2318
  • Lot Acreage: 0.0804
  • Lot Dimensions: 70x50
  • Probate: No
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Laundry: Room, Garage
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Refrigerator, Range/Oven
  • Price Per S Q F T: 422.78

Exterior Features

  • Other Structures: Other, GuestHouse

Garage/Parking

  • Parking Garage: Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 51.72
  • Assessed Improvement Value: 99314
  • Assessed Land Percent: 48.28
  • Assessed Land Value: 92696
  • Total Assessed Value: 192010
  • Assessor Parcel Number: 7272-009-002
  • Lot Size Area: 3503

Rental Info

  • Tenant Pays: Electricity, Water, Trash Collection, Insurance, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Mix Use

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2019
Sold by
Rizi Allen R and Rizi Mina E
Bought by
Spano Nicola
Current Estimated Value
$1,104,328

Purchase Details

Closed on
Mar 8, 2004
Sold by
Rizi Allen R and Rizi Mina E
Bought by
Rizi Allen R and Rizi Mina E

Purchase Details

Closed on
Jul 27, 1999
Sold by
Rizi H Roger and Rizi Shahla
Bought by
Rizi Allen R and Rizi Mina E
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
Spano Nicola $550,000 Orange Coast Title Company
Rizi Allen R -- --
Rizi Allen R $97,500 North American Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2021 12/15/21 Sold $950,000 -3.1% $410 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $980,000 -- $423 / Sq Ft
Source: The MLS

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 $13,119 $1,008,147 $573,052 $435,095
2024 $13,119 $988,380 $561,816 $426,564
2023 $12,893 $969,000 $550,800 $418,200
2022 $12,105 $950,000 $540,000 $410,000
2021 $7,383 $555,697 $282,900 $272,797
2020 $7,364 $550,000 $280,000 $270,000
2019 $3,170 $199,765 $96,439 $103,326
2018 $3,029 $195,849 $94,549 $101,300
2016 $2,788 $188,246 $90,879 $97,367
2015 $2,689 $185,419 $89,514 $95,905
2014 $2,672 $181,788 $87,761 $94,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-783136

The MLS

APN: 7272-009-002