NOT LISTED FOR SALE

Estimated Value: $922,000 - $1,139,000

6 Beds
6 Baths
2,509 Sq Ft
$418/Sq Ft Est. Value

Last Sold February 26, 2020

Last sale price $750,000 $299 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,377/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Double Door Entry
  • Wall Furnace
  • Granite Countertops
  • Laundry Room
  • Front Yard

About This Home

As of February 2020

Perfect Investment Property in great location. This is a 3 bedroom, 2 bath front house with a 2 bedroom (lives as a 4 bedroom) 2 bath unit above garages with an unpermitted 1 huge bedroom, 2 bath in rear. All units are in great shape. All have been remodeled within the last 10 years. Spacious and open floor plans. Separate coin laundry in rear for all tenants. Long driveway with a carport. Composition shingle roofs. Front house features a large living room, dining area open to a kitchen with plenty of cabinetry, granite tile counter tops, breakfast bar with 4 bar stool seating, master with full bath, brick walkway and steps to the double door entry. Back unit has laminate flooring, granite counter tops and white kitchen cabinets. Hall bath features Travertine tile. Great owner occupied property.

Last Agent to Sell the Property

Jamee Lindberg

Re/Max R. E. Specialists License #01107487 Listed on: 01/10/2020

Re/Max R. E. Specialists

Co-Listed By

John Lindberg

Re/Max R. E. Specialists License #01010112

Last Buyer's Agent

Chris Miller

Miller Real Estate License #01723166

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,218 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,509 Sq Ft Home
  • Double Door Entry
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 11 / C
  • Tax Tract Number 7595
  • Assessor Parcel Number 7118017011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,041
  • Fuel Expense $1,045
  • Gardener Expense $840
  • Insurance Expense $766
  • Pest Control $523
  • Professional Management Expense $2,955
  • Trash Expense $535
  • Water Sewer Expense $965
  • New Taxes Expense $8,750
  • Operating Expense $17,420
  • Gross Income $1,170
  • Net Operating Income $41,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Professional Management Expense: 2955.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 965.00
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 7118017011
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Door Features: Double Door Entry
  • Price Per Square Foot: 298.92

Exterior Features

  • Foundation: Raised, Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Brick, Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 523.00
  • Sewer: Public Sewer
  • Trash Expense: 535.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 5218.00
  • Lot Size Acres: 0.1198

Multi Family

  • Electric Expense: 1041.00
  • Fuel Expense: 1045.00
  • Gross Income: 1170.00
  • Gross Multiplier: 12.00
  • Gross Operating Income: 57327.00
  • Gross Scheduled Income: 59100.00
  • Insurance Expense: 766.00
  • Laundry Income: 1170.00
  • Lot Size Area: 5218.0000 Square Feet
  • Net Operating Income: 41680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 1
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 1
  • Operating Expense: 17420.00
  • Rent Control: No
  • Total Actual Rent: 4925.00
  • Total Expenses: 17420.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Block: C
  • Tax Census Tract: 5705.02
  • Tax Lot: 11
  • Tax Tract Number: 7595

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2022
Sold by
White Jordan and Miller Chris
Bought by
Miller Christopher Joseph
Current Estimated Value
$1,048,493

Purchase Details

Listed on
Jan 10, 2020
Closed on
Jan 24, 2020
Sold by
Apricot 2017 2 Llc
Bought by
White Jordan
Seller's Agent
Jamee Lindberg
Re/Max R. E. Specialists
Buyer's Agent
Chris Miller
Miller Real Estate
List Price
$699,900
Sold Price
$750,000
Premium/Discount to List
$50,100
7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$736,415
Interest Rate
4.47%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2017
Sold by
Weste
Bought by
Apric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Closed on
Apr 15, 2010
Sold by
Keo Daradi V and Chhe Rina
Bought by
Western Mutual Group

Purchase Details

Closed on
Apr 14, 2010
Sold by
Chhe Rina
Bought by
Muirel Joanne

Purchase Details

Closed on
Apr 22, 1999
Sold by
Devinny Joseph S and Bluml Betty
Bought by
Keo Daradi V and Chhe Rina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,677
Interest Rate
7.24%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Miller Christopher Joseph -- Stewart Title Of California In
White Jordan $750,000 First American Title Company
Apric -- --
Western Mutual Group $276,000 None Available
Muirel Joanne -- None Available
Keo Daradi V $198,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Jordan $736,415
Previous Owner Apric --
Previous Owner Keo Daradi V $196,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $750,000 +7.2% $299 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
01/10/2020 01/10/20 For Sale $699,900 -- $279 / 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 $11,180 $874,391 $377,098 $497,293
2024 $11,180 $857,247 $369,704 $487,543
2023 $10,995 $840,439 $362,455 $477,984
2022 $9,715 $772,924 $360,698 $412,226
2021 $9,520 $757,770 $353,626 $404,144
2020 $5,946 $454,404 $218,351 $236,053
2019 $5,878 $445,495 $214,070 $231,425
2018 $5,663 $436,761 $209,873 $226,888
2016 $5,200 $419,803 $201,724 $218,079
2015 $4,994 $413,498 $198,694 $214,804
2014 $4,965 $405,399 $194,802 $210,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20006701

California Regional Multiple Listing Service (CRMLS)

APN: 7118-017-011