NOT LISTED FOR SALE

621 E 23rd St Long Beach, CA 90806

Sunrise Neighborhood

Estimated Value: $676,566

2 Beds
2 Baths
3,582 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 05, 2012

Last sale price $250,000 $70 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $4,062/month

22 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Wood Siding
  • Long Beach Polytechnic High School Rated A
  • Central Heating
  • 4-minute walk to NAACP Freedom Park

About This Home

As of January 2012

Two buildings: One is a residence with kitchen, 2 bedrooms, 1 bathroom plus another room used as a bedroom; 996 sf of living space. Second building is 2,586 sf that can be subdivided into 3 units of warehouse, retail, or light industial. Building once had 3 storefronts with 4 street entrances. Buyer to check all permits and zoning.

Last Agent to Sell the Property

Raleigh Dew

Coldwell Banker Realty License #01396861 Listed on: 11/06/2011

Coldwell Banker Realty

Co-Listed By

jack irvin

Coldwell Banker Realty License #449434

Last Buyer's Agent

Lal Akatrai

Berkshire Hathaway HomeServices California Properties License #00643574

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,592

Year Built

  • Built in 1946

Lot Details

  • 6,074 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,582 Sq Ft Home
  • Traditional Architecture
  • Wood Siding
  • Stucco

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection, water
  • Tax Block 1
  • Tax Tract Number 3395
  • Assessor Parcel Number 7211008025

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Other Expense $10,771
  • New Taxes Expense $3,750
  • Gross Income $3,600
  • Net Operating Income $30,701

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,592

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.25
  • View: No
  • Zoning: Lbpd25
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7211008025
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 69.79

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Central
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6074.00
  • Lot Size Acres: 0.1390

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Average2 Bed Area: 996
  • Average Studio Area: 862
  • Gross Income: 3600.00
  • Gross Multiplier: 6.93
  • Gross Scheduled Income: 43200.00
  • Lot Size Area: 6074.0000 Square Feet
  • Net Operating Income: 30701.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 1
  • Number With Carpet: 1
  • Operating Expense: 10771.00
  • Other Expense: 10771.00
  • Other Expense Description: Est Tot
  • Vacancy Allowance Rate: 4.00

Tax Info

  • New Taxes Expense: 3750.00
  • Tax Area: 11933
  • Tax Block: 1
  • Tax Lot: 0.
  • Tax Tract Number: 3395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2014
Sold by
Tan Bruce and Tea Keng Po
Bought by
The Bruce Tan & Po Tea 2014 Living Trust
Current Estimated Value
$676,566

Purchase Details

Listed on
Nov 6, 2011
Closed on
Dec 5, 2011
Sold by
Wynbergen Lionel and Wynbergen Van Wybergen
Bought by
Williams Linda
Seller's Agent
Raleigh Dew
Coldwell Banker Realty
Buyer's Agent
Lal Akatrai
Berkshire Hathaway HomeServices California Properties
List Price
$299,500
Sold Price
$250,000
Premium/Discount to List
-$49,500
-16.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%

Purchase Details

Listed on
Nov 6, 2011
Closed on
Nov 30, 2011
Sold by
Williams Linda and Williams Van Wynbergen
Bought by
Tan Bruce and Tea Keng Po
Seller's Agent
Raleigh Dew
Coldwell Banker Realty
Buyer's Agent
Lal Akatrai
Berkshire Hathaway HomeServices California Properties
List Price
$299,500
Sold Price
$250,000
Premium/Discount to List
-$49,500
-16.53%

Purchase Details

Closed on
Dec 14, 1993
Sold by
Vanwynbergen Lionel and Vanwynbergen Elvira Ann
Bought by
Vanwynbergen Lionel and Vanwynbergen Elvira Ann
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
The Bruce Tan & Po Tea 2014 Living Trust -- None Available
Tan Bruce -- None Available
Tan Bruce $250,000 None Available
Vanwynbergen Lionel -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2012 01/05/12 Sold $250,000 -16.5% $70 / Sq Ft
11/28/2011 11/28/11 Pending -- -- --
11/06/2011 11/06/11 For Sale $299,500 -- $84 / 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 $4,592 $314,001 $200,964 $113,037
2024 $4,592 $307,845 $197,024 $110,821
2023 $4,515 $301,810 $193,161 $108,649
2022 $4,260 $295,893 $189,374 $106,519
2021 $4,155 $290,092 $185,661 $104,431
2019 $4,097 $281,490 $180,155 $101,335
2018 $3,885 $275,972 $176,623 $99,349
2016 $3,557 $265,257 $169,765 $95,492
2015 $3,425 $261,273 $167,215 $94,058
2014 $3,409 $256,156 $163,940 $92,216
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Raleigh Dew

    Coldwell Banker Realty

    Section Image

  • j

    Seller Co-Listing Agent in 2012

    jack irvin

    Coldwell Banker Realty

    (562) 254-5630

    44 Total Sales

    jack irvin
    Section Image

  • L

    Buyer's Agent in 2012

    Lal Akatrai

    Berkshire Hathaway HomeServices California Properties

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P802282

California Regional Multiple Listing Service (CRMLS)

APN: 7211-008-025

California Los Angeles County Long Beach 90806 Sunrise

621 E 23rd St, Long Beach, CA

This home is located at 621 E 23rd St, Long Beach, CA 90806 since 06 November 2011 and is currently estimated at $676,566, approximately $188 per square foot. This property was built in 1946. 621 E 23rd St is a home located in Los Angeles County with nearby schools including Bobbie Smith Elementary, Nelson Academy, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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