NOT LISTED FOR SALE

Estimated Value: $923,000 - $1,041,000

3 Beds
2 Baths
2,171 Sq Ft
$458/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $675,000 $311 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,941/month

244 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room

About This Home

As of September 2019

GREAT INCOME PROPERTY!!!!!! BACK DUPLEX HAS 3 BED/2BATH INSIDE LAUNDRY HOOKUPS...TOP UNIT RENTS FOR $1,650, BOTTOM UNIT RENTS FOR $1,700 AND COMMERCIAL FRONT UNIT RENTS FOR $700. ALL RENTS ARE UNDER MARKET RENT VALUE!!!!!

ALSO AS PER THE PROPERTY PROFILE FRONT COMMERCIAL UNIT COULD USED AS A RETAIL STORE (PERSONAL SERVICES, PHOTOGRAPHY, TRAVEL....BUYER TO VERIFY WITH CITY OF LONG BEACH, ZONING, USE, AND PERMITS!!!!!

Last Agent to Sell the Property

Adriana Santoyo

X-or Real Estate Services License #01819490 Listed on: 01/14/2019

Last Buyer's Agent

Saleha Hoque

Amberwood Real Estate License #01816723

Amberwood Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 4,183 Sq Ft Lot
  • No Common Walls
  • No Sprinklers

Home Design

  • Triplex

Interior Spaces

  • 2,171 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 765
  • Tax Tract Number 5464
  • Assessor Parcel Number 7128007012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $1,680
  • New Taxes Expense $8,613
  • Operating Expense $1,680
  • Net Operating Income $37,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

4,183 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 1680.00
  • Zoning: LBR3T
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7128007012
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 310.92
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Sprinklers: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 4183.00
  • Lot Size Acres: 0.0960

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 48600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 4183.0000 Square Feet
  • Net Operating Income: 37800.00
  • 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: 10800.00
  • Rent Control: No
  • Total Actual Rent: 4050.00
  • Total Expenses: 1680.00

Tax Info

  • New Taxes Expense: 8612.50
  • Tax Census Tract: 5706.02
  • Tax Lot: 765
  • Tax Tract Number: 5464

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Barua Jay
Bought by
Barua Property Investment Llc
Current Estimated Value
$994,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$849,000
Outstanding Balance
$843,139
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$151,104

Purchase Details

Listed on
Jan 14, 2019
Closed on
Sep 26, 2019
Sold by
Barua Anika
Bought by
Barua Jay
Seller's Agent
Adriana Santoyo
X-or Real Estate Services
Buyer's Agent
Saleha Hoque
Amberwood Real Estate
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Listed on
Jan 14, 2019
Closed on
Sep 18, 2019
Sold by
Abdelmalak Atef S and Nsim Maggy A
Bought by
Barua Jay
Seller's Agent
Adriana Santoyo
X-or Real Estate Services
Buyer's Agent
Saleha Hoque
Amberwood Real Estate
List Price
$689,000
Sold Price
$675,000
Premium/Discount to List
-$14,000
-2.03%

Purchase Details

Closed on
Aug 21, 2012
Sold by
Abdelmalak Atef
Bought by
Abdelmalak Atef

Purchase Details

Closed on
Nov 9, 2006
Sold by
Nsim Magy
Bought by
Abdelmalak Atef

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2005
Sold by
Kurien Thomas
Bought by
Abdelmalak Atef

Purchase Details

Closed on
Jun 6, 2003
Sold by
Thomas Julie V
Bought by
Kurien Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Varughese Abraham and Varughese Elizabeth R M
Bought by
Varughese Kutticheril I and Varughese Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Neelankavil Joy P and Neelankavil Lily J
Bought by
Kurien Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2002
Sold by
Neelankavil Joy P and Neelankavil Lily J
Bought by
Neelankavil Joy P and Neelankavil Lily J
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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

Date Buyer Sale Price Title Company
Barua Property Investment Llc -- Chicago Title Company
Barua Jay -- Chicago Title
Barua Jay $675,000 Chicago Title
Abdelmalak Atef -- None Available
Abdelmalak Atef -- Advantage Title Inc
Abdelmalak Atef $560,000 Ticor Title Co
Kurien Thomas -- Old Republic Title Company
Varughese Kutticheril I -- Old Republic Title Company
Kurien Thomas $280,000 Old Republic Title Company
Neelankavil Joy P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barua Property Investment Llc $849,000
Previous Owner Abdelmalak Atef $346,500
Previous Owner Kurien Thomas $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $675,000 -2.0% $311 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $689,000 -- $317 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $9,831 $738,207 $437,456 $300,751
2024 $9,831 $723,733 $428,879 $294,854
2023 $9,659 $709,543 $420,470 $289,073
2022 $9,185 $695,631 $412,226 $283,405
2021 $8,779 $681,993 $404,144 $277,849
2020 $8,651 $675,000 $400,000 $275,000
2019 $9,020 $699,746 $312,386 $387,360
2018 $8,733 $686,026 $306,261 $379,765
2016 $8,034 $659,388 $294,369 $365,019
2015 $7,711 $649,485 $289,948 $359,537
2014 $7,650 $636,764 $284,269 $352,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19012662

California Regional Multiple Listing Service (CRMLS)

APN: 7128-007-012

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