C
Seller's Agent in 2016
Chuck Brewer
HomeSmart Realty Group
5471 Linden Ave Long Beach, CA 90805
Dairy Neighborhood
9
Beds
9
Baths
6,290
Sq Ft
6,052
Sq Ft Lot
About This Home
As of August 2016This 9 unit building (1)2 bed/1 bath (7)1 bed/1 bath, (1)studio/1 bath is on a corner lot location, has great visibility and a good unit mix that provides a steady occupancy. It has 6 garages offering added income to the owner.
The 9 Units are in good condition with no deferred maintenance and upside rents. Each unit is individually metered and has low flow toilets for low expenses.
Actual income and expenses used for these good GRM & CAP numbers.
Last Agent to Sell the Property
Chuck Brewer
HomeSmart Realty Group License #01939550 Listed on: 03/18/2016
Co-Listed By
Pete Tryce
Keller Williams Realty License #01329992
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 6,052 Sq Ft Lot
- Two or More Common Walls
Parking
- 6 Car Garage
Home Design
- 6,290 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 9 Bedrooms
- 9 Bathrooms
Listing and Financial Details
- Tax Lot 994
- Tax Tract Number 5134
- Assessor Parcel Number 7127023016
Community Details
Overview
- 9 Units
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $600
- Fuel Expense $3,489
- Insurance Expense $3,099
- Pest Control $1,080
- Trash Expense $600
- Water Sewer Expense $600
- New Taxes Expense $14,400
- Operating Expense $29,868
- Gross Income $8,695
- Net Operating Income $74,472
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
Apr 13, 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
$942,750
Interest Rate
0.0341%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 16, 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
$400,000
Interest Rate
0.0579%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 6, 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
$400,000
Interest Rate
0.0579%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 14, 2002
Sold by
Bought by
Purchase Details
Closed on
Apr 17, 2000
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
$229,000
Interest Rate
0.0837%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 24, 1997
Sold by
Bought by
Purchase Details
Closed on
Dec 15, 1995
Sold by
Bought by
Purchase Details
Closed on
Nov 10, 1995
Sold by
Bought by
Purchase Details
Closed on
Apr 27, 1994
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,257,500 | Title 365 | ||
| -- | North American Title Company | ||
| -- | -- | ||
| -- | -- | ||
| $306,000 | Fidelity National Title | ||
| $225,000 | Fidelity National Title Ins | ||
| -- | Investors Title Company | ||
| $197,500 | Investors 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 | $1,349,000 | ||
| Closed | $1,300,000 | ||
| Closed | $1,060,000 | ||
| Previous Owner | $942,750 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $400,000 | ||
| Previous Owner | $260,000 | ||
| Previous Owner | $229,000 |
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 |
|---|---|---|---|---|
| 08/09/2016 08/09/16 | Sold | $1,257,500 | +4.8% | $200 / Sq Ft |
| 03/18/2016 03/18/16 | For Sale | $1,200,000 | -- | $191 / 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 | $20,330 | $1,459,430 | $220,507 | $1,238,923 |
| 2024 | $19,432 | $1,430,815 | $216,184 | $1,214,631 |
| 2023 | $19,093 | $1,402,761 | $211,946 | $1,190,815 |
| 2022 | $17,937 | $1,375,257 | $207,791 | $1,167,466 |
| 2021 | $17,549 | $1,348,292 | $203,717 | $1,144,575 |
| 2019 | $17,297 | $1,308,303 | $197,676 | $1,110,627 |
| 2018 | $16,842 | $1,282,650 | $193,800 | $1,088,850 |
| 2016 | $5,740 | $389,492 | $127,283 | $262,209 |
| 2015 | $5,536 | $383,643 | $125,372 | $258,271 |
| 2014 | $5,547 | $376,129 | $122,917 | $253,212 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Seller Co-Listing Agent in 2016
Pete Tryce
Keller Williams Realty
-
Jon Swire
Buyer's Agent in 2016
Jon Swire
The Agency
(310) 948-2631
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB16056641
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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