NOT LISTED FOR SALE

Estimated Value: $881,000 - $991,926

4 Beds
3 Baths
1,742 Sq Ft
$531/Sq Ft Est. Value

Sale Details

Date Sold: January 18, 2022

Last sale price $860,500 $494 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,841 / mo

38 Days on Market

About This Home

As of January 2022

Very clean 3 unit in North Long Beach, featuring one 2bd 1bath and two 1bd 1bath units. All units have strong income, newer paint, flooring, and plumbing fixtures. Updated main electric panel, new roof on front two units, new drought tolerant landscaping, and exterior security lighting. New fence at the rear of the property near the garages. Front building has two side by side one bedroom units and the rear building has a 2 bedroom unit over the 3 single car garages.

Last Agent to Sell the Property

Chris Stone

Buckingham Investments, Inc. License #01311075 Listed on: 11/01/2021

Last Buyer's Agent

Juan Huizar

Sage Real Estate Group, Inc. License #01417642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 4,783 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 3 Car Garage

Home Design

  • 1,742 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 8 / 1
  • Tax Tract Number 6521
  • Assessor Parcel Number 7125035008
  • $573 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $100
  • Net Operating Income $41,580

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

4,783 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LBR3T
  • Property Type: Residential Income
  • Parcel Number: 7125035008
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 493.97

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 4783.00
  • Lot Size Acres: 0.1098

Multi Family

  • Gross Income: 100.00
  • Gross Scheduled Income: 59400.00
  • Lot Size Area: 4783.0000 Square Feet
  • Net Operating Income: 41580.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 17820.00
  • Operating Expense Percent: 30.00
  • Rent Control: Yes
  • Total Actual Rent: 4950.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5703.01
  • Tax Lot: 8
  • Tax Tract Number: 6521
  • TaxOtherAnnualAssessmentAmount: 573.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 20, 2021
Sold by
Majr One Llc
Bought by
Nabhani Mohammad Abbas
Seller's Agent
Chris Stone
Buckingham Investments, Inc.
Buyer's Agent
Juan Huizar
Sage Real Estate Group, Inc.
List Price
$875,000
Sold Price
$860,500
Premium/Discount to List
-$14,500
-1.66%
Current Estimated Value
$886,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,202
Avg. Annual Appreciation
1.65%
Original Mortgage
$602,350
Outstanding Balance
$553,557
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$370,675

Purchase Details

Closed on
Mar 29, 2019
Sold by
Kling Michael W and Kling Alicia
Bought by
Majr One Llc

Purchase Details

Listed on
Sep 5, 2017
Closed on
Dec 27, 2017
Sold by
Soils Teodoro Avila
Bought by
Kilng Michael W and Kilng Alicia
Seller's Agent
Susana Godinez
Century 21 Allstars
Buyer's Agent
Chris Stone
Buckingham Investments, Inc.
List Price
$620,000
Sold Price
$620,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$465,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 1997
Sold by
Gray Ted A and Gray Dorothy
Bought by
Solis Teodoro Avila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,700
Interest Rate
7.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nabhani Mohammad Abbas $860,500 Progressive Title
Majr One Llc -- None Available
Kling Michael W -- None Available
Kilng Michael W $620,000 Fidelity National Title
Solis Teodoro Avila $130,000 North 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 Nabhani Mohammad Abbas $602,350
Previous Owner Kilng Michael W $465,000
Previous Owner Solis Teodoro Avila $141,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2022 01/18/22 Sold $860,500 -1.7% $494 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
11/01/2021 11/01/21 For Sale $875,000 +41.1% $502 / Sq Ft
02/13/2018 02/13/18 Sold $620,000 0.0% $356 / Sq Ft View Prior Sale
09/05/2017 09/05/17 For Sale $620,000 -- $356 / 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 $12,395 $913,168 $318,362 $594,806
2024 $11,869 $895,264 $312,120 $583,144
2023 $11,665 $877,710 $306,000 $571,710
2022 $8,625 $664,764 $278,772 $385,992
2021 $8,343 $651,730 $273,306 $378,424
2020 $8,322 $645,528 $270,504 $375,024
2019 $8,225 $632,880 $265,200 $367,680
2018 $2,715 $186,543 $71,560 $114,983
2016 $7,809 $178,839 $68,782 $110,057
2015 $2,408 $176,153 $67,749 $108,404
2014 $2,408 $172,703 $66,422 $106,281
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN21240291

California Regional Multiple Listing Service (CRMLS)

APN: 7125-035-008

Your Personal Tour Guide

Ask me questions while you tour the home.