NOT LISTED FOR SALE
7 Beds
7 Baths
3,270 Sq Ft
0.26 Acre Lot

Sale Details

Date Sold: July 25, 2016

Last sale price $777,000 $238 Per Sq Ft

26 Days on Market

Highlights

  • 11,250 Sq Ft lot
  • 1-Story Property
  • 3-minute walk to Burton W. Chace Park

About This Home

As of July 2016

!!!!! 7 UNIT BUILDING ON Extra Large Lot , All on 1 level in a garden setting . This property is being offered for the 1st time in approximately 18 years . There are 6 garages in the back with its own area . There is a large fenced in yard . This building is close to public transportation, shops , freeways . !!!!!!

Last Agent to Sell the Property

Marty Eisenberg

Coldwell Banker Realty License #00801228 Listed on: 06/18/2016

Coldwell Banker Realty

Last Buyer's Agent

Marc Desbans

Marc Desbans, Broker License #01259510

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 11,250 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,270 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Bathrooms

Listing and Financial Details

  • Tax Lot 126
  • Tax Tract Number 5134
  • Assessor Parcel Number 7131007028

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,500
  • Professional Management Expense $3,600
  • Trash Expense $500
  • Water Sewer Expense $1,350
  • New Taxes Expense $10,612
  • Gross Income $4,865
  • Net Operating Income $37,947

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0.26 Acres

Parking

6

Listing Details

  • Professional Management Expense: 3600.00
  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1350.00
  • Property Type: Residential Income
  • Parcel Number: 7131007028
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 237.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11250.00
  • Price Per Lot Square Foot: 69.07

Multi Family

  • Average1 Bed Area: 467
  • Electric Expense: 1200.00
  • Gross Income: 4865.00
  • Gross Scheduled Income: 58380.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 37947.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 20433.00
  • Operating Expense Percent: 35.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10612.00
  • Tax Lot: 126
  • Tax Tract Number: 5134

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

Closed on
Jul 25, 2022
Sold by
Desbans Family Trust
Bought by

Purchase Details

Listed on
Jun 18, 2016
Closed on
Sep 14, 2016
Sold by
Desbans Marc
Bought by
Desbans Marc A and Desbans Judith A
Seller's Agent
Marty Eisenberg
Coldwell Banker Realty
Buyer's Agent
Marc Desbans
Marc Desbans, Broker
List Price
$849,000
Sold Price
$777,000
Premium/Discount to List
-$72,000
-8.48%

Purchase Details

Listed on
Jun 18, 2016
Closed on
Jul 8, 2016
Sold by
Newger Avelina and The Avelina Newger Revocable T
Bought by
Desbans Marc
Seller's Agent
Marty Eisenberg
Coldwell Banker Realty
Buyer's Agent
Marc Desbans
Marc Desbans, Broker
List Price
$849,000
Sold Price
$777,000
Premium/Discount to List
-$72,000
-8.48%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Newger Avelina L
Bought by
Newger Avelina and Avelina Newger Revocable Trust

Purchase Details

Closed on
Dec 4, 2007
Sold by
Newger Charles
Bought by
Newger Charles and Newger Avelina L

Purchase Details

Closed on
Mar 6, 1998
Sold by
Barnard Maurice E
Bought by
Barnard Maria E

Purchase Details

Closed on
Feb 18, 1998
Sold by
Barnard Maria E and Barnard Maurice E
Bought by
Newger Charles
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Listed On Document
Desbans Marc A -- None Available
Desbans Marc $777,000 Lawyers Title
Newger Avelina -- None Available
Newger Charles -- None Available
Barnard Maria E -- Benefit Title
Newger Charles -- Benefit Land Title Company
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
07/25/2016 07/25/16 Sold $777,000 0.0% $238 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
07/06/2016 07/06/16 Price Changed $777,000 -8.5% $238 / Sq Ft
06/18/2016 06/18/16 For Sale $849,000 -- $260 / 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
2026 $12,853 $919,804 $398,936 $520,868
2025 $12,853 $901,769 $391,114 $510,655
2024 $12,235 $884,089 $383,446 $500,643
2023 $21,146 $1,600,000 $600,000 $1,000,000
2022 $11,306 $849,760 $368,557 $481,203
2021 $11,067 $833,099 $361,331 $471,768
2020 $11,039 $824,857 $357,626 $467,231
2019 $10,911 $808,690 $350,614 $458,076
2018 $10,509 $792,840 $343,740 $449,100
2016 $3,475 $225,239 $94,410 $130,829
2015 $3,356 $221,856 $92,992 $128,864
2014 $3,377 $217,511 $91,171 $126,340
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16132099

California Regional Multiple Listing Service (CRMLS)
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