NOT LISTED FOR SALE

Estimated Value: $1,736,000 - $1,994,752

11 Beds
9 Baths
4,801 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2021

Last sale price $1,675,000 $349 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,041 / mo

8 Days on Market

Highlights

  • 9 Car Garage
  • Wilson High School Rated A
  • Laundry Facilities

About This Home

As of May 2021

-Located in the Rose Park South Neighborhood of Long Beach -1 Mile from the Beach & 1.5 Miles from Belmont Shore -Walking Distance to the Coffeeshops, Restaurants and Retail Shops of the 4th Street Corridor/Retro Row & Redondo Avenue -Outstanding Unit Mix of 3-Bedroom & 2-Bedroom Units -1985 Vintage Building -3-Bedroom/3-Bathroom Owners Unit is Townhouse-Style & Features Washer/Dryer Hook-Ups -Close Proximity to Long Beach Shoreline Marina and Shoreline Village, East Village Arts District, Long Beach Convention Center & Downtown Long Beach -3 of 4 Units Contain Washer/Dryer Hook-Ups -On-Site Laundry Facility, (3) Double-Car Garages & (3) Single-Car Garages -Residential Asset Qualifies for Attractive Residential Financing

Last Agent to Sell the Property

Gianluca Jacoli

Shield CRE, Inc. License #01938297 Listed on: 04/05/2021

Last Buyer's Agent

Denise Manoogian

Keller Williams Coastal Prop. License #02073210

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 6,751 Sq Ft Lot
  • Lot Dimensions are 50x135

Parking

  • 9 Car Garage

Interior Spaces

  • 4,801 Sq Ft Home
  • 2-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 9 Bathrooms

Community Details

  • 4 Units
  • Laundry Facilities
  • Vacancy Allowance $2,849

Listing and Financial Details

  • Assessor Parcel Number 7258-028-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

6,751 Sq Ft Lot

Parking

9

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4801
  • Lot Acreage: 0.1550
  • Lot Dimensions: 50x135
  • Price Per Unit: 425000.00
  • Stories: 2
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 11
  • Laundry: Community
  • Total Bathrooms: 9.00
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 354.09

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Garage Spaces: 9
  • Parking Garage: Garage
  • Total Parking: 9

Utilities

  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 62.79
  • Assessed Improvement Value: 387032
  • Assessed Land Percent: 37.21
  • Assessed Land Value: 229347
  • Total Assessed Value: 616379
  • Assessor Parcel Number: 7258-028-019
  • Lot Size Area: 6751

Rental Info

  • Total Actual Rent: 92940.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.29
  • Number Of Units: 4
  • Type Of Units: 3 BDR, 2 BDR
  • Vacancy Allow: 2849
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Percent: 1.25
  • Tax Total: 21250.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
Apr 29, 2021
Sold by
Bought by
Seller's Agent
Gianluca Jacoli
Shield CRE, Inc.
Buyer's Agent
Denise Manoogian
Keller Williams Coastal Prop.
List Price
$1,700,000
Sold Price
$1,675,000
Premium/Discount to List
-$25,000
-1.47%
Current Estimated Value
$1,828,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,438
Avg. Annual Appreciation
1.68%
Original Mortgage
$1,005,000
Outstanding Balance
$907,393
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$921,045

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,900
Interest Rate
2.9%

Purchase Details

Closed on
May 10, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
7.88%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,675,000 North American Title
-- Accommodation
-- Alliance Title Company
$430,000 Southland Title Corporation
$425,000 Commonwealth Land Title
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 $1,005,000
Previous Owner $382,000
Previous Owner $386,900
Previous Owner $318,750
Closed $30,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $1,675,000 -1.5% $349 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $1,700,000 -- $354 / Sq Ft
Source: The MLS

Tax 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.

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 $24,130 $1,813,071 $757,701 $1,055,370
2024 $23,072 $1,777,522 $742,845 $1,034,677
2023 $22,689 $1,742,670 $728,280 $1,014,390
2022 $21,294 $1,708,500 $714,000 $994,500
2021 $8,338 $622,764 $231,723 $391,041
2020 $8,314 $616,379 $229,347 $387,032
2019 $8,220 $604,294 $224,850 $379,444
2018 $7,920 $592,446 $220,442 $372,004
2016 $7,266 $569,442 $211,883 $357,559
2015 $6,984 $560,890 $208,701 $352,189
2014 $6,951 $549,904 $204,613 $345,291
Source: Public Records

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Map

Source: The MLS

MLS Number: 21-714850

The MLS

APN: 7258-028-019

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