607 E 59th St Unit 4 Long Beach, CA 90805
Houghton Park NeighborhoodEstimated Value: $1,311,919
4
Beds
5
Baths
3,160
Sq Ft
$415/Sq Ft
Est. Value
Highlights
- Solar Power System
- Neighborhood Views
- No Heating
- Corner Lot
- Laundry Room
- 1-Story Property
About This Home
As of September 2022Corner Lot!! 2 Separate Buildings one residential and one commercial!!! 2 retail offices facing Atlantic Ave and on the back facing 59th St there is a 3 beds/2 bath house with paid SOLAR PANELS, and the second residential unit is a 1 bed/ 1 bath. This property is ideal for a buyer to run his own business, live in one of the residential units and collect other rents. This 4-plex is located on a busy street with lots of visibility, The Michelle Obama Library is right in front. ...Please do not disturb tenants.
Last Agent to Sell the Property
MARCO VIDAL, BROKER License #01226850 Listed on: 06/04/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,682
Year Built
- Built in 1940
Lot Details
- 5,353 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Home Design
- Property Attached
Interior Spaces
- 3,160 Sq Ft Home
- 1-Story Property
- Neighborhood Views
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
- Washer Hookup
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Utilities
- No Heating
- Natural Gas Connected
Additional Features
- Solar Power System
- Urban Location
Listing and Financial Details
- Legal Lot and Block 15 / 7
- Tax Tract Number 6521
- Assessor Parcel Number 7124017014
Community Details
Overview
- 2 Buildings
- 4 Units
- North Long Beach Subdivision
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,072
- Insurance Expense $3,000
- Water Sewer Expense $2,088
- Operating Expense $6,160
- Net Operating Income $50,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2021
Closed on
Sep 13, 2022
Sold by
Guadalupe Loya Sonya
Bought by
Li Dieren
Seller's Agent
Marco Vidal
MARCO VIDAL, BROKER
Buyer's Agent
Marco Vidal
MARCO VIDAL, BROKER
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Total Days on Market
461
Views
1
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,919
Avg. Annual Appreciation
3.66%
Purchase Details
Closed on
Jun 20, 2019
Sold by
Andrade Juan
Bought by
Loya Sonya Guadalupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 13, 2013
Sold by
Andrade Management Inc
Bought by
Andrade Juan
Purchase Details
Closed on
Nov 6, 2008
Sold by
Andrade Juan
Bought by
Andrade Management Inc
Purchase Details
Closed on
Sep 8, 2008
Sold by
Andrade Juan
Bought by
Andrade Management Inc
Purchase Details
Closed on
Dec 10, 2003
Sold by
Finkel Yelena
Bought by
Finkel Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 14, 2003
Sold by
Finkel Michael
Bought by
Andrade Juan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.92%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 28, 2001
Sold by
Hamideh Omar
Bought by
Finkel Michael
Purchase Details
Closed on
Jun 29, 2000
Sold by
Hamideh Muna
Bought by
Hamideh Omar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
8.67%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 9, 2000
Sold by
Voloshin Galina and Finkel Michael
Bought by
Hamideh Omar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,400
Interest Rate
8.67%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 24, 2000
Sold by
Voloshin Galina
Bought by
Voloshin Galina and Finkel Michael
Purchase Details
Closed on
Feb 18, 2000
Sold by
Muradian Robert
Bought by
Voloshin Galina
Purchase Details
Closed on
Nov 29, 1999
Sold by
Lusine Hadjinian Artak and Lusine Hadjinian Krgatbashyan
Bought by
Muradian Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
7.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 20, 1998
Sold by
Zakarian Aram and Zakarian Aida
Bought by
Hadjinian Artak and Krgatbashyan Lusine
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Li Dieren | $1,200,000 | Chicago Title | |
| Loya Sonya Guadalupe | $755,000 | Wfg Title Company | |
| Andrade Juan | -- | None Available | |
| Andrade Management Inc | -- | None Available | |
| Andrade Management Inc | -- | None Available | |
| Finkel Michael | -- | Lawyers Title | |
| Andrade Juan | $330,000 | Lawyers Title | |
| Finkel Michael | -- | Lawyers Title | |
| Hamideh Omar | -- | Gateway Title Company | |
| Hamideh Omar | $353,000 | Gateway Title Company | |
| Voloshin Galina | -- | -- | |
| Finkel Michael | -- | -- | |
| Voloshin Galina | -- | -- | |
| Muradian Robert | $370,000 | Gateway Title Company | |
| Muradian Robert | -- | Gateway Title Company | |
| Hadjinian Artak | -- | Gateway Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Loya Sonya Guadalupe | $150,000 | |
| Previous Owner | Andrade Juan | $110,000 | |
| Previous Owner | Andrade Juan | $264,000 | |
| Previous Owner | Hamideh Omar | $282,400 | |
| Previous Owner | Muradian Robert | $277,500 | |
| Previous Owner | Majarian Nelli | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/15/2022 09/15/22 | Sold | $1,200,000 | -4.0% | $380 / Sq Ft |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- |
| 12/24/2021 12/24/21 | Price Changed | $1,249,900 | -7.4% | $396 / Sq Ft |
| 09/08/2021 09/08/21 | Price Changed | $1,350,000 | -3.2% | $427 / Sq Ft |
| 09/08/2021 09/08/21 | For Sale | $1,395,000 | +16.3% | $441 / Sq Ft |
| 09/07/2021 09/07/21 | Off Market | $1,200,000 | -- | -- |
| 07/08/2021 07/08/21 | Price Changed | $1,395,000 | -0.4% | $441 / Sq Ft |
| 06/04/2021 06/04/21 | For Sale | $1,400,000 | -- | $443 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,682 | $1,224,000 | $816,000 | $408,000 |
| 2023 | $17,586 | $1,200,000 | $800,000 | $400,000 |
| 2022 | $10,600 | $778,077 | $618,340 | $159,737 |
| 2021 | $10,389 | $762,821 | $606,216 | $156,605 |
| 2019 | $6,416 | $424,999 | $275,975 | $149,024 |
| 2018 | $6,166 | $416,666 | $270,564 | $146,102 |
| 2016 | $5,691 | $400,488 | $260,058 | $140,430 |
| 2015 | $5,490 | $394,473 | $256,152 | $138,321 |
| 2014 | $5,453 | $386,747 | $251,135 | $135,612 |
Source: Public Records
Agents Affiliated with this Home
-
Marco Vidal
M
Seller's Agent in 2022
Marco Vidal
MARCO VIDAL, BROKER
(951) 220-0205
1 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV21120469
APN: 7124-017-014
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