NOT LISTED FOR SALE

Estimated Value: $995,231 - $1,386,000

6 Beds
3 Baths
3,212 Sq Ft
$353/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $535,000 $167 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,721/month

7 Days on Market

Highlights

  • Property is near public transit
  • Ceramic Countertops
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Shed

About This Home

As of February 2015

GREAT OPPORTUNITY. Tremendous potential. Tri-plex with 3 spacious, 2 Bedrooms, 1 Bath units ( 2 units upstairs & 1 downstairs). On-site laundry. 3 car garage, large backyard, close to shopping, freeways and parks.

Last Agent to Sell the Property

Jim Italiano

Coldwell Banker Realty License #00756275 Listed on: 01/07/2015

Last Buyer's Agent

Dara Chay

Sky View Real Estate License #01217793

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,561

Year Built

  • Built in 1964

Lot Details

  • 5,030 Sq Ft Lot
  • 1 Common Wall
  • Partially Fenced Property
  • Wood Fence
  • Block Wall Fence
  • No Sprinklers
  • Back Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Shake Roof

Interior Spaces

  • 3,212 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Ceramic Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Shed
  • Rain Gutters

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5705
  • Assessor Parcel Number 7124015002

Community Details

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $960
  • Insurance Expense $1,200
  • Trash Expense $800
  • Water Sewer Expense $1,300
  • New Taxes Expense $6,800
  • Gross Income $2,125
  • Net Operating Income $19,500

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,561

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Other Phone Description: 562-489-6998
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1300.00
  • Property Type: Residential Income
  • Parcel Number: 7124015002
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceramic Counters
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: Two
  • Price Per Square Foot: 166.56
  • Room Type: Living Room

Exterior Features

  • Other Structures: Shed(s)
  • Fencing: Block, Partial, Wood
  • Pool Private: No
  • Roof: Shake
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks

Lot Info

  • Lot Features: Back Yard, Sprinklers None, Near Public Transit
  • Lot Size Sq Ft: 5030.00
  • Lot Size Acres: 0.1150

Multi Family

  • Electric Expense: 960.00
  • Gross Income: 2125.00
  • Gross Scheduled Income: 25500.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5030.0000 Square Feet
  • Net Operating Income: 19500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6000.00
  • Rent Control: No
  • Total Actual Rent: 2125.00

Tax Info

  • New Taxes Expense: 6800.00
  • Tax Lot: 2
  • Tax Tract Number: 5705
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2016
Sold by
Kom
Bought by
Kom
Current Estimated Value
$1,133,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.6%

Purchase Details

Listed on
Jan 7, 2015
Closed on
Mar 11, 2015
Sold by
Xavanna Sam C
Bought by
Kom Nancy A
Seller's Agent
Jim Italiano
Coldwell Banker Realty
Buyer's Agent
Dara Chay
Sky View Real Estate
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$386,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2015
Closed on
Jan 15, 2015
Sold by
Bray Patricia E
Bought by
Kom Nancy A and Xavanna Sam C
Seller's Agent
Jim Italiano
Coldwell Banker Realty
Buyer's Agent
Dara Chay
Sky View Real Estate
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2014
Sold by
Bray Patricia E
Bought by
Bray Patricia E

Purchase Details

Closed on
Jun 10, 1998
Sold by
Ellis Margaret M
Bought by
Ellis Margaret M and The Margaret M Ellis 1998 Trust
Source: Public Records

Range of Values:

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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
Kom -- --
Kom Nancy A -- None Available
Kom Nancy A $535,000 Fidelity National Title Co
Bray Patricia E -- None Available
Ellis Margaret M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kom --
Previous Owner Kom Nancy A $386,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $535,000 -2.6% $167 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $549,000 -- $171 / 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
2025 $8,561 $642,980 $210,318 $432,662
2024 $8,561 $630,374 $206,195 $424,179
2023 $8,416 $618,014 $202,152 $415,862
2022 $7,911 $605,897 $198,189 $407,708
2021 $7,741 $594,017 $194,303 $399,714
2019 $7,631 $577,760 $188,541 $389,219
2018 $7,387 $566,459 $184,845 $381,614
2016 $6,786 $543,158 $177,668 $365,490
2015 $5,956 $485,000 $160,000 $325,000
2014 $1,588 $94,075 $18,407 $75,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15003399

California Regional Multiple Listing Service (CRMLS)

APN: 7124-015-002