NOT LISTED FOR SALE

Estimated Value: $790,000 - $938,770

2 Beds
2 Baths
1,170 Sq Ft
$738/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2020

Last sale price $585,000 $500 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,317 / mo

101 Days on Market

Highlights

  • Wood Flooring
  • Lawn
  • Neighborhood Views
  • Mark Twain Elementary School Rated A-
  • No HOA
  • Double Pane Windows

About This Home

As of December 2020

Very clean and well maintained Duplex in the heart of the Village area of Long Beach. Surrounded by single family homes in a lovely neighborhood. Positive cash flow with stable tenants. Both units have a yard area with the rear unit having a large gated yard. Both units have tile and wood flooring and have some updates. Windows are dual pane.

Last Agent to Sell the Property

Kathy Preshaw

The Monarch Realty Group License #01966545 Listed on: 07/09/2020

Last Buyer's Agent

Amy Duong

Amy Duong, Broker License #01918387

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944 | Remodeled

Lot Details

  • 5,590 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Level Lot
  • Lawn
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Driveway
  • On-Street Parking

Home Design

  • Bungalow
  • Property Attached
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Free-Standing Range
  • Tile Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 7 / E
  • Tax Tract Number 11425
  • Assessor Parcel Number 7183010012

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lakewood Village Subdivision

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $800
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,510
  • Operating Expense $3,020
  • Gross Income $3,378
  • Net Operating Income $2,976

Property Details

Home Type

Multi-Family

Year Built

Built in 1944 | Remodeled

Lot Details

5,590 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Subdivision Name Other: Carson and Bellflower
  • View: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LBR1N
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7183010012
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tile Counters, Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 500.00
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, On Site, Street
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range, Gas Range, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Lawn, Level with Street
  • Lot Size Sq Ft: 5590.00
  • Lot Size Acres: 0.1283

Rental Info

  • Garage Rental Rate: 150.00
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3378.00
  • Gross Scheduled Income: 3228.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5590.0000 Square Feet
  • Net Operating Income: 2976.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 252.00
  • Rent Control: No
  • Total Expenses: 3020.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 9510.00
  • Tax Block: E
  • Tax Census Tract: 5712.00
  • Tax Lot: 7
  • Tax Tract Number: 11425

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
Jul 9, 2020
Closed on
Nov 11, 2020
Sold by
Bought by
Seller's Agent
Kathy Preshaw
The Monarch Realty Group
Buyer's Agent
Amy Duong
Amy Duong, Broker
List Price
$730,000
Sold Price
$585,000
Premium/Discount to List
-$145,000
-19.86%
Current Estimated Value
$831,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,456
Avg. Annual Appreciation
7.22%
Original Mortgage
$510,000
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Mar 28, 2018
Sold by
Bought by
Seller's Agent
Rod Austin
Home Base Realty Inc
Buyer's Agent
Leah Friedline
The Monarch Realty Group
List Price
$629,900
Sold Price
$629,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.83%
Original Mortgage
$440,930
Interest Rate
0.0444%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2016
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
$412,500
Interest Rate
0.0373%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2008
Sold by
Bought by

Purchase Details

Closed on
Apr 7, 2003
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
$287,200
Interest Rate
0.0487%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 1999
Sold by
Bought by

Purchase Details

Closed on
May 31, 1996
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
$685,000 Lawyers Title Company
$630,000 Ticor Title
-- None Available
$550,000 First American Title Company
-- None Available
$359,000 Natc
-- Orange Coast 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
Open $510,000
Previous Owner $440,930
Previous Owner $412,500
Previous Owner $173,000
Previous Owner $287,200
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 Prior Sale
12/08/2020 12/08/20 Sold $585,000 -16.3% $500 / Sq Ft
08/20/2020 08/20/20 Price Changed $699,000 -2.8% $597 / Sq Ft
07/24/2020 07/24/20 Price Changed $719,000 -1.5% $615 / Sq Ft
07/09/2020 07/09/20 For Sale $730,000 +15.9% $624 / Sq Ft
05/10/2018 05/10/18 Sold $629,900 0.0% $538 / Sq Ft View Prior Sale
03/27/2018 03/27/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $629,900 -- $538 / 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 $9,917 $741,465 $541,216 $200,249
2024 $9,484 $726,927 $530,604 $196,323
2023 $9,326 $712,674 $520,200 $192,474
2022 $8,750 $698,700 $510,000 $188,700
2021 $8,581 $685,000 $500,000 $185,000
2020 $8,286 $655,347 $468,180 $187,167
2019 $8,189 $642,498 $459,000 $183,498
2018 $7,236 $572,220 $364,140 $208,080
2016 $5,204 $431,165 $237,802 $193,363
2015 $4,995 $424,689 $234,230 $190,459
2014 $4,962 $416,371 $229,642 $186,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20134951

California Regional Multiple Listing Service (CRMLS)

APN: 7183-010-012

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