Seller's Agent in 2012
Jack Tanner
Beach Cities Properties, Inc.
(714) 209-5225
54 Total Sales
6300 N Paramount Blvd Long Beach, CA 90805
Ramona Park NeighborhoodEstimated Value: $1,173,332 - $1,335,000
8
Beds
4
Baths
3,310
Sq Ft
$378/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Double Pane Windows
- Laundry Facilities
- Corner Lot
- Tile Flooring
- Wood Siding
About This Home
As of January 2012See spread sheet in 'media' to view cash flow opportunity of over $530 per month with as low as 25% down w/non-owner occupied loan. All expenses have been accounted for including property management fees of 6%. This is agreat 1963 property with a single stucco structure for low maintenance & lower insurance costs. Termite inspection was completed and only $950 was spent to bring it up to standards. The exterior was just completely painted in Sept. at a cost of $5,000, so it is good to go on the outside. There is a separate space for an income producing laundry room and 4 individual garages. Newer windows all around & tiled showers over the tubs in the bathrooms. 3 tenants were at $1,100 & 1 was at $1,000. They could all easily be $1,100 with some new carpet and paint on the inside. (Section 8 goes as high as $1300 in 90805 for 2 bedrooms)Building will be vacant and close of escrow and you will be able to hand pick your own residents or have BeachCitiesManagement.com do it for you.
Last Agent to Sell the Property
Beach Cities Properties, Inc. License #01383525 Listed on: 10/01/2011
Last Buyer's Agent
Beach Cities Properties, Inc. License #01383525 Listed on: 10/01/2011
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,436
Year Built
- Built in 1963
Lot Details
- 4,746 Sq Ft Lot
- Corner Lot
Parking
- 4 Car Garage
Home Design
- Traditional Architecture
- Shingle Roof
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,310 Sq Ft Home
- Double Pane Windows
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 11
- Tax Tract Number 3878
- Assessor Parcel Number 7120012039
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $200
- Gardener Expense $500
- Insurance Expense $1,200
- Professional Management Expense $3,096
- Supplies Expense $200
- Trash Expense $200
- Water Sewer Expense $2,000
- New Taxes Expense $5,500
- Gross Income $4,300
- Net Operating Income $33,748
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 8, 2014
Sold by
Lake David and Hsiao Ya Sui
Bought by
The Lake Hsiao Revocable Living Trust
Current Estimated Value
Purchase Details
Closed on
Jul 10, 2013
Sold by
Lake David and Hsiao Ya Sui
Bought by
Lake David and Hsiao Ya Sui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Outstanding Balance
$232,334
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$982,158
Purchase Details
Listed on
Oct 1, 2011
Closed on
Dec 15, 2011
Sold by
Fatticci Linda and The 2006 Linda G Fatticci Trus
Bought by
Lake David and Hsiao Ya Sui
Seller's Agent
Jack Tanner
Beach Cities Properties, Inc.
Buyer's Agent
Jack Tanner
Beach Cities Properties, Inc.
List Price
$440,000
Sold Price
$450,000
Premium/Discount to List
$10,000
2.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$322,500
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2010
Sold by
Fatticci Linda G
Bought by
Fatticci Linda and 2006 Linda G Fatticci Trust
Purchase Details
Closed on
Oct 13, 2004
Sold by
Griff John
Bought by
Fatticci Linda G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 2, 2001
Sold by
Griff Lianna
Bought by
Griff John
Purchase Details
Closed on
Apr 4, 2001
Sold by
Hud
Bought by
Griff John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.21%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 27, 1999
Sold by
Norwest Mtg Inc
Bought by
Hud
Purchase Details
Closed on
Feb 5, 1999
Sold by
Atkins Vilas
Bought by
Norwest Mtg Inc
Purchase Details
Closed on
Mar 13, 1996
Sold by
Kelber Charles C and The Charles C Kelber Revocable
Bought by
Atkins Vilas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,236
Interest Rate
8.01%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 13, 1994
Sold by
Kelber Charles C
Bought by
Kelber Charles C
Purchase Details
Closed on
Feb 8, 1994
Sold by
Kelber Charles C
Bought by
Kelber Charles C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.75%
Purchase Details
Closed on
Dec 16, 1993
Sold by
Thorsmolle Skye
Bought by
Kelber Charles C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
5.75%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Lake Hsiao Revocable Living Trust | -- | None Available | |
| Lake David | -- | Accommodation | |
| Lake David | $430,000 | Fatcola | |
| Fatticci Linda | -- | None Available | |
| Fatticci Linda G | $650,000 | Chicago Title Company | |
| Griff John | -- | Provident Title | |
| Griff John | $210,500 | Provident Title | |
| Hud | -- | Benefit Land Title Company | |
| Norwest Mtg Inc | $189,960 | Benefit Land Title Ins Co | |
| Atkins Vilas | $165,000 | North American Title Co | |
| Kelber Charles C | -- | -- | |
| Kelber Charles C | -- | -- | |
| Kelber Charles C | -- | Old Republic Title Company | |
| Kelber Charles C | -- | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lake David | $318,000 | |
| Previous Owner | Lake David | $322,500 | |
| Previous Owner | Fatticci Linda G | $264,500 | |
| Previous Owner | Griff John | $217,000 | |
| Previous Owner | Griff John | $190,000 | |
| Previous Owner | Atkins Vilas | $165,236 | |
| Previous Owner | Kelber Charles C | $150,500 | |
| Closed | Griff John | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/20/2012 01/20/12 | Sold | $450,000 | +2.3% | $136 / Sq Ft |
| 11/09/2011 11/09/11 | Pending | -- | -- | -- |
| 10/01/2011 10/01/11 | For Sale | $440,000 | -- | $133 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,436 | $540,092 | $226,084 | $314,008 |
| 2024 | $7,436 | $529,502 | $221,651 | $307,851 |
| 2023 | $7,307 | $519,120 | $217,305 | $301,815 |
| 2022 | $6,874 | $508,943 | $213,045 | $295,898 |
| 2021 | $6,718 | $498,965 | $208,868 | $290,097 |
| 2019 | $6,623 | $484,168 | $202,674 | $281,494 |
| 2018 | $6,395 | $474,675 | $198,700 | $275,975 |
| 2016 | $5,876 | $456,244 | $190,985 | $265,259 |
| 2015 | $5,649 | $449,392 | $188,117 | $261,275 |
| 2014 | $5,626 | $440,590 | $184,433 | $256,157 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Tanner
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: P798412
APN: 7120-012-039
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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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