JL
Seller's Agent in 2019
Julieanne Lam Phan
Phan Property Management
(714) 655-1434
7 Total Sales
628 E 53rd St Long Beach, CA 90805
Long Beach Area
14
Beds
7
Baths
10,740
Sq Ft
0.35
Acre Lot
Highlights
- All Bedrooms Downstairs
- Living Room
- Laundry Facilities
- Granite Countertops
- Tile Flooring
- Wall Furnace
About This Home
As of March 2019Subject property is a 14-unit of all 2 bedroom/1bathroom situated on a huge lot of 15,266 square foot with 10,740 square foot building, and 16 gated parking space respectively. All units are 100% occupied with no rent control. Renovations include new decking, new decorative iron gate & handrail, new roof, some units were upgraded with new kitchen/bathroom cabinet with granite countertop and vinyl windows, exterior landscaping with King palms & sprinkler system. Great investment property with many potentials...Drive-by only. Do not disturb tenants. Thank you.
Last Agent to Sell the Property
Phan Property Management License #01218721 Listed on: 01/11/2019
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 15,266 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Property Attached
Interior Spaces
- 10,740 Sq Ft Home
- 2-Story Property
- Living Room
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 14 Bedrooms
- All Bedrooms Down
- All Upper Level Bedrooms
- 7 Bathrooms
Location
- Urban Location
Utilities
- Wall Furnace
- Standard Electricity
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 7130024015
Community Details
Building Details
- 14 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $187,344
Additional Features
- 14 Units
- Laundry Facilities
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
Jan 11, 2019
Closed on
Feb 14, 2019
Sold by
Bought by
Seller's Agent
Julieanne Lam Phan
Phan Property Management
Buyer's Agent
Matt Mahowald
Buckingham Investments, Inc
List Price
$3,200,000
Sold Price
$2,700,000
Premium/Discount to List
-$500,000
-15.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,175,000
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 2, 1999
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
$73,303
Interest Rate
7.66%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 28, 1996
Sold by
Bought by
Purchase Details
Closed on
Nov 19, 1994
Sold by
Bought by
Purchase Details
Closed on
Aug 9, 1994
Sold by
Bought by
Purchase Details
Closed on
Mar 2, 1994
Sold by
Bought by
Purchase Details
Closed on
Nov 29, 1993
Sold by
Bought by
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 |
|---|---|---|---|
| $2,700,000 | Old Republic Title Co | ||
| -- | -- | ||
| -- | -- | ||
| $305,000 | North American Title Company | ||
| -- | North American Title | ||
| $308,000 | Benefit Land Title Company | ||
| -- | -- |
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 | $1,990,000 | ||
| Closed | $2,800,000 | ||
| Closed | $2,175,000 | ||
| Previous Owner | $500,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $287,000 | ||
| Previous Owner | $73,303 | ||
| Previous Owner | $50,000 |
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 |
|---|---|---|---|---|
| 03/11/2019 03/11/19 | Sold | $2,700,000 | -3.6% | $251 / Sq Ft |
| 02/03/2019 02/03/19 | Price Changed | $2,800,000 | -12.5% | $261 / Sq Ft |
| 01/11/2019 01/11/19 | For Sale | $3,200,000 | -- | $298 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2026 | $41,380 | $3,072,133 | $967,152 | $2,104,981 |
| 2025 | $41,380 | $3,011,896 | $948,189 | $2,063,707 |
| 2024 | $39,531 | $2,952,841 | $929,598 | $2,023,243 |
| 2023 | $38,856 | $2,894,943 | $911,371 | $1,983,572 |
| 2022 | $36,496 | $2,838,180 | $893,501 | $1,944,679 |
| 2021 | $35,732 | $2,782,531 | $875,982 | $1,906,549 |
| 2019 | $9,007 | $533,764 | $273,288 | $260,476 |
| 2018 | $8,559 | $523,307 | $267,930 | $255,377 |
| 2016 | $7,846 | $502,604 | $257,527 | $245,077 |
| 2015 | $7,579 | $495,055 | $253,659 | $241,396 |
| 2014 | $7,609 | $485,359 | $248,691 | $236,668 |
Source: Public Records
Agents Affiliated with this Home
-
Julieanne Lam Phan
-
Matt Mahowald
Buyer's Agent in 2019
Matt Mahowald
Buckingham Investments, Inc
(310) 982-7055
29 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC19008853
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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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