NOT LISTED FOR SALE

5666 Dairy Ave Unit A-D Long Beach, CA 90805

Dairy Neighborhood

Estimated Value: $1,027,000 - $1,232,000

8 Beds
4 Baths
2,880 Sq Ft
$399/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $765,000 $266 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,408/month

33 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Wall Furnace
  • Private Yard
  • Tile Flooring
  • 1-Story Property

About This Home

As of November 2017

Great Income 4 units property! All 4 Physical units are 2/1 baths with 4 parking spaces. One of the unit completely redone with new laminate wood flooring through out, kitchen has new cabinets,counter top,freshly painted through out the unit, laminate floor in kitchen, bathrooms freshly painted, new fixtures, tile floor. The other 3 units has been upgraded in the bathrooms, kitchens with new cabinets,painted. The units are very close to church, school, shopping, parks and freeway.

Last Agent to Sell the Property

Navy Ortiz

Bronwyn Realty Inc License #01746268 Listed on: 09/06/2017

Last Buyer's Agent

Silvia Cruz

Camino Realty License #01187569

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,454

Year Built

  • Built in 1955

Lot Details

  • 5,662 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Private Yard

Home Design

  • Quadruplex

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Laminate Countertops

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Water Heater

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 5,6
  • Tax Tract Number 5992
  • Assessor Parcel Number 7126012004

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $360
  • Insurance Expense $650
  • Pest Control $360
  • Trash Expense $500
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,370
  • Operating Expense $12,740
  • Gross Income $45,004
  • Net Operating Income $45,004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,454

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: 714-398-9877
  • Other Phone Number: 714-202-5621
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Maintained, Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LBR1N
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7126012004
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Interior Amenities: Laminate Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile, Vinyl
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 265.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Pest Control Expense: 360.00
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet, Yard
  • Lot Size Sq Ft: 5662.00

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Average2 Bed Area: 720 Square Feet
  • Gross Income: 45004.00
  • Gross Scheduled Income: 57744.00
  • Insurance Expense: 650.00
  • Net Operating Income: 45004.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Operating Expense: 12740.00
  • Rent Control: No
  • Total Expenses: 12740.00

Tax Info

  • New Taxes Expense: 9370.00
  • Tax Census Tract: 5703.03
  • Tax Lot: 5,6
  • Tax Tract Number: 5992

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Oct 19, 2017
Sold by
Han Kenneth J
Bought by
Herrera Fernando
Seller's Agent
Navy Ortiz
Bronwyn Realty Inc
Buyer's Agent
Silvia Cruz
Camino Realty
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Total Days on Market
33
Current Estimated Value
$1,149,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,614
Avg. Annual Appreciation
6.71%
Original Mortgage
$751,143
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2015
Sold by
Han Sunny
Bought by
Han Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2015
Sold by
Parra Ana C
Bought by
Han Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2006
Sold by
Becerra Eugenio
Bought by
Becerra Eugenio and The Eugenio Becerra Living Trust

Purchase Details

Closed on
Feb 7, 2006
Sold by
Eickholdt Karla D
Bought by
Becerra Eugenio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,100
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 6, 2003
Sold by
Eickholdt James Raymond
Bought by
Eickholdt Karla D

Purchase Details

Closed on
Nov 23, 2002
Sold by
Hud
Bought by
Eickholdt Karla D

Purchase Details

Closed on
Nov 12, 2001
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Oct 25, 2001
Sold by
Delgado Maria Dejesus
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Aug 6, 1999
Sold by
Equity Capital Associates Inc
Bought by
Delgado Maria Dejesus and Cisneros Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,040
Interest Rate
7.63%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 1998
Sold by
Gomez Cynthia
Bought by
Equity Capital Associates Inc

Purchase Details

Closed on
Sep 4, 1997
Sold by
Espinoza Lorenzo
Bought by
Gomez Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Interest Rate
7.45%

Purchase Details

Closed on
Aug 11, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gomez Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Interest Rate
7.45%

Purchase Details

Closed on
May 13, 1997
Sold by
Olsen Don E and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

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Range of Values:

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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
Herrera Fernando $765,000 First American Title Company
Han Kenneth J -- Accommodation
Han Kenneth J $600,000 None Available
Becerra Eugenio -- None Available
Becerra Eugenio $753,000 Ticor Title
Eickholdt Karla D -- First Southwestern Title Co
Eickholdt Karla D $235,000 First Southwestern Title Co
Hud $317,838 First American Title Co
Homeside Lending Inc $317,838 First American Title Ins Co
Delgado Maria Dejesus $295,000 First Southwestern Title Co
Equity Capital Associates Inc -- --
Gomez Cynthia -- First American Title
Gomez Cynthia $137,000 First American Title
Federal Home Loan Mortgage Corporation $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Fernando $738,000
Closed Herrera Fernando $731,500
Closed Herrera Fernando $751,143
Previous Owner Han Kenneth J $465,000
Previous Owner Han Kenneth J $450,000
Previous Owner Becerra Eugenio $527,100
Previous Owner Becerra Eugenio $150,600
Previous Owner Eickholdt Karla D $326,900
Previous Owner Delgado Maria Dejesus $293,040
Previous Owner Gomez Cynthia $130,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $765,000 0.0% $266 / Sq Ft
10/21/2017 10/21/17 Off Market $765,000 -- --
10/09/2017 10/09/17 Pending -- -- --
10/06/2017 10/06/17 For Sale $750,000 0.0% $260 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $750,000 -- $260 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $11,454 $853,368 $334,654 $518,714
2023 $11,259 $836,637 $328,093 $508,544
2022 $10,578 $820,233 $321,660 $498,573
2021 $10,359 $804,151 $315,353 $488,798
2019 $10,212 $780,920 $306,000 $474,920
2018 $9,889 $765,620 $300,000 $465,620
2017 $8,104 $612,000 $147,900 $464,100
2016 $7,534 $600,000 $145,000 $455,000
2015 $6,607 $535,000 $310,000 $225,000
2014 $6,696 $535,000 $310,000 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17206474

California Regional Multiple Listing Service (CRMLS)

APN: 7126-012-004