Seller's Agent in 2016
Mark Kachigan
Pabst, Kinney & Associates
(562) 225-4848
36 Total Sales
634 E 5th St Unit B Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $1,400,000 - $1,993,000
14
Beds
7
Baths
5,172
Sq Ft
$324/Sq Ft
Est. Value
Highlights
- 5,028 Sq Ft lot
- Property is near a park
- Granite Countertops
- Long Beach Polytechnic High School Rated A
- Wood Flooring
- No HOA
About This Home
As of July 2016Excellent low vacancy rental area in downtown Long Beach, close to the new Courthouse and one block to Cesar Chavez Park. All seven (7) units are LARGE (appx. 739 Sq.Ft. each) 2 bedrooms 1 bath with upgraded kitchens and baths over the past few years. New cabinets with granite counters, some new entry doors and some interior doors replaced, new flooring (laminate, ceramic tile). Most are very long term tenants = below market rents! There are 4 Garages in front, street access. Expenses: (recurring, insur, utility, permits, mgr) are per owner; Gardener expense shows what owner pays a tenant to take trash cans to front and clean courtyard. (maint, supply, tax) are estimated. There is a laundry room that is presently used as a storage room but could be emptied and used for laundry.
Last Agent to Sell the Property
Pabst, Kinney & Associates License #00644779 Listed on: 06/10/2016
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 5,028 Sq Ft Lot
- Lot Dimensions are 50 x 101
- Two or More Common Walls
- Paved or Partially Paved Lot
Parking
- 4 Car Direct Access Garage
- Parking Available
- Front Facing Garage
- No Driveway
- Assigned Parking
Home Design
- Property Attached
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 5,172 Sq Ft Home
- 2-Story Property
- Living Room
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 14 Bedrooms
- 7 Bathrooms
Location
- Property is near a park
- Property is near public transit
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 8 / 140
- Assessor Parcel Number 7278025015
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $410
- Gardener Expense $1,200
- Insurance Expense $2,272
- Maintenance Expense $5,500
- Professional Management Expense $2,400
- Supplies Expense $1,000
- Water Sewer Expense $2,588
- New Taxes Expense $14,900
- Gross Income $8,000
- Net Operating Income $62,314
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 6, 2020
Sold by
Lee Ji Sook
Bought by
Lee Ji Sook
Current Estimated Value
Purchase Details
Closed on
Aug 5, 2015
Sold by
Zhan Yena
Bought by
Zhan Tena and Lee Ji Sook
Purchase Details
Closed on
Feb 26, 2013
Sold by
Pham Dat
Bought by
Zhan Yena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,112
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 10, 2007
Sold by
Pham Dat
Bought by
Pham Dat and Pham Marijune
Purchase Details
Closed on
May 24, 2004
Sold by
Nelwan Sylvana
Bought by
Pham Dat and Pham Marijune
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,750
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 2, 2002
Sold by
Spruce Housing Associates Inc
Bought by
Nelwan Sylvana and Lam Kim Oanh T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,479
Interest Rate
6.74%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 26, 2002
Sold by
Stradford Jason
Bought by
Spruce Housing Associates Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 18, 2000
Sold by
Velasquez Dania Elizabeth
Bought by
Stradford Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.87%
Purchase Details
Closed on
Dec 3, 1999
Sold by
Heller Linda
Bought by
Velasquez Dania Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.87%
Purchase Details
Closed on
Dec 22, 1998
Sold by
Wilshire Funding Corp
Bought by
Heller Linda
Purchase Details
Closed on
Jun 1, 1998
Sold by
Angulo Rosa I
Bought by
Wilshire Funding Corp
Purchase Details
Closed on
Jul 9, 1997
Sold by
Rodriguez Adolfo
Bought by
Angulo Rosa I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,324
Interest Rate
7.57%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 2, 1997
Sold by
Trust Anderson, Jack E Co Tr Anderson Fam
Bought by
Rodriguez Adolfo and South Central Investments
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,324
Interest Rate
7.57%
Mortgage Type
FHA
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 |
|---|---|---|---|
| Lee Ji Sook | -- | California Members Title Co | |
| Lee Ji Sook | -- | California Members Title Co | |
| Zhan Tena | -- | Accommodation | |
| Zhan Yena | $576,500 | Landwood Title Company | |
| Pham Dat | -- | Accommodation | |
| Pham Dat | $593,000 | Old Republic Title | |
| Nelwan Sylvana | $356,000 | American Title Co | |
| Spruce Housing Associates Inc | $187,000 | -- | |
| Stradford Jason | $325,000 | Chicago Title | |
| Velasquez Dania Elizabeth | $169,000 | Chicago Title Co | |
| Heller Linda | $162,000 | Benefit Land Title | |
| Wilshire Funding Corp | $156,750 | Benefit Land Title Ins Co | |
| Angulo Rosa I | $310,000 | Commonwealth Title | |
| Rodriguez Adolfo | $152,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zhan Yena | $288,112 | |
| Previous Owner | Pham Dat | $444,750 | |
| Previous Owner | Nelwan Sylvana | $350,479 | |
| Previous Owner | Spruce Housing Associates Inc | $248,500 | |
| Previous Owner | Stradford Jason | $260,000 | |
| Previous Owner | Velasquez Dania Elizabeth | $184,000 | |
| Previous Owner | Angulo Rosa I | $296,324 | |
| Closed | Stradford Jason | $65,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2016 07/01/16 | Sold | $1,200,000 | -7.3% | $232 / Sq Ft |
| 06/01/2016 06/01/16 | Pending | -- | -- | -- |
| 04/22/2016 04/22/16 | For Sale | $1,295,000 | -- | $250 / 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 | $15,770 | $1,224,880 | $798,360 | $426,520 |
| 2024 | $15,770 | $1,200,863 | $782,706 | $418,157 |
| 2023 | $15,505 | $1,177,317 | $767,359 | $409,958 |
| 2022 | $14,555 | $1,154,233 | $752,313 | $401,920 |
| 2021 | $14,256 | $1,131,602 | $737,562 | $394,040 |
| 2020 | $8,561 | $648,787 | $450,392 | $198,395 |
| 2019 | $8,462 | $636,066 | $441,561 | $194,505 |
| 2018 | $8,224 | $623,595 | $432,903 | $190,692 |
| 2016 | $7,552 | $599,382 | $416,094 | $183,288 |
| 2015 | $7,256 | $590,379 | $409,844 | $180,535 |
| 2014 | $7,218 | $578,815 | $401,816 | $176,999 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Kachigan
-
Spencer Pabst
Buyer's Agent in 2016
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
1 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16085173
APN: 7281-006-002
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