NOT LISTED FOR SALE

Estimated Value: $758,000 - $930,044

1 Bed
1 Bath
1,676 Sq Ft
$490/Sq Ft Est. Value

Sale Details

Date Sold: February 14, 2018

Last sale price $560,000 $334 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,201 / mo

43 Days on Market

About This Home

As of February 2018

Recently updated with new paint and stucco, double pane windows. It's walking distance to all the shopping centers in the area. Pride of Ownership on the entire street. New Stucco and Paint, New Doors and each unit have its own 1 car garage detached plus they have washer dryer hookups in each individual unit and a separate storage unit for each unit. Each unit is currently rented for $1300 each are one bedroom one bathroom. The roof was replaced 8 years ago. The water heaters were replaced 2 years ago. The current owner has owned the property for over 14 years. Walking distance to Lindbergh Jr. High and Dooley Elementary School. 5-minute drive to Lakewood Mall. Walking distance to near markets and CVS pharmacy.

Last Agent to Sell the Property

Cynthia Rodriguez

CITY LIGHTS REALTY License #01328324 Listed on: 12/18/2017

Last Buyer's Agent

Cynthia Rodriguez

CITY LIGHTS REALTY License #01328324 Listed on: 12/18/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 5,063 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • 220 Volts in Garage
  • 220 Volts in Kitchen

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 134
  • Tax Tract Number 5737
  • Assessor Parcel Number 7127018014

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $300
  • Insurance Expense $750
  • Trash Expense $600
  • Water Sewer Expense $1,500
  • New Taxes Expense $7,813
  • Operating Expense $11,383
  • Gross Income $46,800
  • Net Operating Income $35,418

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

5,063 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1500.00
  • Zoning: LBCNR
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 7127018014
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 334.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5063.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 612 Square Feet
  • Electric Expense: 420.00
  • Gross Income: 46800.00
  • Gross Scheduled Income: 46800.00
  • Insurance Expense: 750.00
  • Net Operating Income: 35418.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 11382.00
  • Rent Control: No
  • Total Actual Rent: 3414.00
  • Total Expenses: 11382.50

Tax Info

  • New Taxes Expense: 7812.50
  • Tax Census Tract: 5706.01
  • Tax Lot: 134
  • Tax Tract Number: 5737

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
Dec 18, 2017
Closed on
Feb 9, 2018
Sold by
Bought by
Seller's Agent
Cynthia Rodriguez
CITY LIGHTS REALTY
Buyer's Agent
Cynthia Rodriguez
CITY LIGHTS REALTY
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%
Current Estimated Value
$821,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,761
Avg. Annual Appreciation
4.64%
Original Mortgage
$350,000
Interest Rate
0.0446%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2004
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
$344,592
Interest Rate
0.0579%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 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
$207,040
Interest Rate
0.07%
Mortgage Type
Purchase Money Mortgage
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
$560,000 Wfg Title
-- Wfg National Title Company
$350,000 --
$240,000 First American Title Co
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 $350,000
Previous Owner $364,000
Previous Owner $337,500
Previous Owner $390,000
Previous Owner $344,592
Previous Owner $207,040
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
02/14/2018 02/14/18 Sold $560,000 -10.4% $334 / Sq Ft
02/02/2018 02/02/18 For Sale $625,000 0.0% $373 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/27/2018 01/27/18 For Sale $625,000 0.0% $373 / Sq Ft
01/15/2018 01/15/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $625,000 -7.4% $373 / Sq Ft
12/18/2017 12/18/17 For Sale $675,000 -- $403 / 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 $8,681 $637,180 $295,833 $341,347
2024 $8,295 $624,687 $290,033 $334,654
2023 $8,151 $612,440 $284,347 $328,093
2022 $7,656 $600,432 $278,772 $321,660
2021 $7,499 $588,659 $273,306 $315,353
2019 $7,390 $571,200 $265,200 $306,000
2018 $5,656 $437,338 $187,431 $249,907
2016 $5,204 $420,356 $180,153 $240,203
2015 $4,999 $414,042 $177,447 $236,595
2014 $4,974 $405,933 $173,972 $231,961
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17276744

California Regional Multiple Listing Service (CRMLS)

APN: 7127-018-014

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