NOT LISTED FOR SALE

Estimated Value: $893,987 - $1,081,000

9 Beds
4 Baths
2,108 Sq Ft
$462/Sq Ft Est. Value

Last Sold April 26, 2013

Last sale price $395,500 $188 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $5,713/month

7 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Bungalow
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • Accessible Parking

About This Home

As of April 2013

*****SHORT SALE APPROVED*****SINGLE FAMILY HOME AND DUPLEX IN THE BACK; FULLY TENANT OCCUPIED; ***DO NOT DISTURB TENANTS; DRIVE BY ONLY;** BUYER TO VERIFY ENTIRE CONDITION AND INFORMATION. SOME UPGRADES HAVE BEEN COMPLETED. SOLD AS IS.

Last Agent to Sell the Property

Gwen Allen

R.S. COOPER & ASSOC. License #01803885 Listed on: 03/27/2013

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,590

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 3,054 Sq Ft Lot
  • No Common Walls
  • South Facing Home
  • Chain Link Fence

Home Design

  • Bungalow
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 2,108 Sq Ft Home
  • Window Screens
  • Tile Flooring
  • Fire and Smoke Detector
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Accessible Parking
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 26 / 13
  • Tax Tract Number 5763
  • Assessor Parcel Number 7274013027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,360
  • Professional Management Expense $3,043
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $3,789
  • Gross Income $2,242
  • Net Operating Income $26,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,590

Year Built

Built in 1912 | Remodeled

Lot Details

0

Listing Details

  • Professional Management Expense: 3043.00
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 900.00
  • Zoning: LBR4R
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7274013027
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Price Per Square Foot: 187.62
  • Window Features: Screens

Exterior Features

  • Direction Faces: South
  • Exterior Features: Rain Gutters
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3054.00
  • Lot Size Acres: 0.0700

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2242.00
  • Gross Scheduled Income: 38040.00
  • Insurance Expense: 1360.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 3054.0000 Square Feet
  • Net Operating Income: 26907.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 9992.00
  • Rent Control: No
  • Total Actual Rent: 3170.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 3789.00
  • Tax Block: 13
  • Tax Lot: 26
  • Tax Tract Number: 5763
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2025
Sold by
Allen Minesha S
Bought by
Minesha Allen Trust and Allen
Current Estimated Value
$973,997

Purchase Details

Closed on
Jul 14, 2021
Sold by
Allen Minesha S
Bought by
Allen Minesha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2013
Closed on
Apr 9, 2013
Sold by
Mccoy John D
Bought by
Allen Minesha S
Seller's Agent
Gwen Allen
R.S. COOPER & ASSOC.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$339,000
Sold Price
$395,500
Premium/Discount to List
$56,500
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Original Mortgage
$296,625
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Helmle Carl
Bought by
Mccoy John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 28, 2002
Sold by
Helmle Shannon Lee
Bought by
Helmle Carl

Purchase Details

Closed on
Feb 6, 2002
Sold by
Castro Yadira S
Bought by
Helmle Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.83%

Purchase Details

Closed on
Jun 21, 2000
Sold by
Hud
Bought by
Castro Yadira S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
8.2%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 31, 2000
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Jul 15, 1999
Sold by
Rodriguez Steven
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Oct 23, 1998
Sold by
Rodriguez Steven
Bought by
Luna Tony

Purchase Details

Closed on
Jul 25, 1997
Sold by
Acosta Frank P
Bought by
Rodriguez Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,925
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1997
Sold by
Great Western Bank Fsb
Bought by
Acosta Frank P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,925
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 1997
Sold by
Odar Charles and Odar Carol
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Oct 29, 1993
Sold by
Little William
Bought by
L & B Real Estate
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
Minesha Allen Trust -- None Listed On Document
Allen Minesha S -- Clearmark Title
Allen Minesha S $395,500 Fidelity National Title Co
Mccoy John D $695,000 Chicago Title Co
Helmle Carl $250,000 First American Title Co
Helmle Carl $260,000 First American Title Co
Castro Yadira S $134,000 Stewart Title
Hud $192,362 --
Homeside Lending Inc $192,362 Fidelity National Title Ins
Luna Tony -- --
Rodriguez Steven $189,000 American Title Ins Co
Acosta Frank P $90,000 --
Great Western Bank Fsb $81,900 Stewart Title
L & B Real Estate -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Minesha S $263,000
Previous Owner Allen Minesha S $296,625
Previous Owner Mccoy John D $556,000
Previous Owner Helmle Carl $208,000
Previous Owner Castro Yadira S $146,250
Previous Owner Rodriguez Steven $182,925
Previous Owner Acosta Frank P $109,000
Closed Helmle Carl $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $395,500 +16.7% $188 / Sq Ft
02/22/2013 02/22/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $339,000 -- $161 / 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 $6,590 $491,943 $344,794 $147,149
2024 $6,590 $482,298 $338,034 $144,264
2023 $6,476 $472,842 $331,406 $141,436
2022 $6,087 $463,571 $324,908 $138,663
2021 $5,955 $454,483 $318,538 $135,945
2020 $5,940 $449,824 $315,272 $134,552
2019 $5,870 $441,005 $309,091 $131,914
2018 $5,691 $432,359 $303,031 $129,328
2016 $5,234 $415,572 $291,265 $124,307
2015 $5,028 $409,330 $286,890 $122,440
2014 $5,004 $401,313 $281,271 $120,042
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN13024517

California Regional Multiple Listing Service (CRMLS)

APN: 7274-013-027