NOT LISTED FOR SALE

6093 Lime Ave Long Beach, CA 90805

Houghton Park Neighborhood

Estimated Value: $762,000 - $838,000

4 Beds
2 Baths
1,802 Sq Ft
$448/Sq Ft Est. Value

Last Sold March 24, 2016

Last sale price $390,000 $216 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,728/month

1 Day on Market

Highlights

  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Accessible Parking
  • Fireplace
  • Laundry Room
  • Ceiling Fan

About This Home

As of March 2016

Great cash flow, Two bedroom, 1 bath beach each unit . Great for investors, Strong Roi
Great investment, Corner Duplex. This could be easily rented out for 1500 each unit, this one will not last! Great for keepers, to flip, cosmetic work needed..

Last Agent to Sell the Property

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 03/07/2016

Keller Williams SELA

Co-Listed By

Kevin Watson

RE/MAX TIME REALTY License #01820631

Last Buyer's Agent

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 03/07/2016

Keller Williams SELA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 4,952 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers
  • Lawn

Parking

  • 1 Car Garage

Interior Spaces

  • 1,802 Sq Ft Home
  • Ceiling Fan
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Not Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124016013

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $800
  • Insurance Expense $650
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,100
  • Gross Income $3,000
  • Net Operating Income $26,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Parcel Number: 7124016013
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 216.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Sewer: None
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Lawn, Sprinklers In Front
  • Lot Size Sq Ft: 4952.00
  • Price Per Lot Square Foot: 78.76
  • Lot Size Acres: 0.1140

Multi Family

  • Electric Expense: 800.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 650.00
  • Lot Size Area: 4952.0000 Square Feet
  • Net Operating Income: 26850.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9150.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4100.00
  • Tax Lot: 16
  • Tax Tract Number: 6521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2018
Sold by
Wu Thomas Y and Wu Julie T
Bought by
Taing Wu Thomas Yen Hon and Taing Wu Julie
Current Estimated Value
$806,703

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 4, 2016
Sold by
Taing Thomas K and Chhour Melissa M
Bought by
Wu Thomas Y and Wu Julie T
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
Kevin Messiha
Keller Williams SELA
List Price
$391,000
Sold Price
$390,000
Premium/Discount to List
-$1,000
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2016
Closed on
Mar 16, 2016
Sold by
Bjdm Investments Llc
Bought by
Taing Thomas K and Chhour Melissa L
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
Kevin Messiha
Keller Williams SELA
List Price
$391,000
Sold Price
$390,000
Premium/Discount to List
-$1,000
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2016
Closed on
Feb 16, 2016
Sold by
Watson Hill Lavinia Y and Hill Eric N
Bought by
Bjdm Investments Llc
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
Kevin Messiha
Keller Williams SELA
List Price
$391,000
Sold Price
$390,000
Premium/Discount to List
-$1,000
-0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2001
Sold by
Watson Hill Lavinia Y and Watson Lavinia Y
Bought by
Hills Eric N and Watson Hill Lavinia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.62%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 31, 2001
Sold by
Watson Lavinia Y and Watson Rosie F
Bought by
Watson Lavinia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
6.89%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Watson James E
Bought by
Watson Rosie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,479
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 1997
Sold by
Tillman Glen
Bought by
Watson Lavinia Y and Watson Rosie F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,479
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 1997
Sold by
Tillman Nanci D
Bought by
Tillman Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.86%

Purchase Details

Closed on
Feb 13, 1997
Sold by
Federal National Mortgage Association
Bought by
Tillman Glen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.86%

Purchase Details

Closed on
Apr 11, 1996
Sold by
Field William and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Taing Wu Thomas Yen Hon -- None Available
Wu Thomas Y -- None Available
Taing Thomas K $390,000 Ortc
Bjdm Investments Llc $335,000 Ortc
Hills Eric N -- Southland Title
Watson Lavinia Y -- American Title Co
Watson Rosie F -- --
Watson Lavinia Y $179,000 Commonwealth Title
Tillman Glen -- Fidelity Title
Tillman Glen $90,000 Chicago Title Co
Federal National Mortgage Association $128,058 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bjdm Investments Llc $300,000
Previous Owner Hills Eric N $15,000
Previous Owner Watson Lavinia Y $182,750
Previous Owner Watson Lavinia Y $174,479
Previous Owner Tillman Glen $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2016 03/24/16 Sold $390,000 -0.3% $216 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $391,000 -- $217 / 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 $6,118 $461,673 $177,566 $284,107
2024 $6,118 $452,622 $174,085 $278,537
2023 $6,015 $443,748 $170,672 $273,076
2022 $5,654 $435,048 $167,326 $267,722
2021 $5,537 $426,519 $164,046 $262,473
2020 $5,522 $422,146 $162,364 $259,782
2019 $5,459 $413,870 $159,181 $254,689
2018 $5,247 $405,756 $156,060 $249,696
2017 $5,191 $397,800 $153,000 $244,800
2016 $3,055 $244,042 $119,698 $124,344
2015 $2,936 $240,378 $117,901 $122,477
2014 $2,923 $235,670 $115,592 $120,078
Source: Public Records

Agents Affiliated with this Home

  • Kevin Messiha

    Seller's Agent in 2016

    Kevin Messiha

    Keller Williams SELA

    (562) 250-3238

    146 Total Sales

    Kevin Messiha
    Section Image
  • Kevin Watson

    Seller Co-Listing Agent in 2016

    Kevin Watson

    RE/MAX

    (909) 271-0120

    115 Total Sales

    Kevin Watson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16047760

California Regional Multiple Listing Service (CRMLS)

APN: 7124-016-013

California Los Angeles County Long Beach 90805 Houghton Park

6093 Lime Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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