Tawna Burnett
Berkshire Hathaway HomeServices California Properties
(424) 688-6023
25 Total Sales
3 in East Village
$395K - $415K Price Range
634 E 5th St Unit B Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $1,249,000 - $1,499,000
14
Beds
7
Baths
5,172
Sq Ft
$269/Sq Ft
Est. Value
Highlights
- 5,028 Sq Ft lot
- Property is near park and public transit
- 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
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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
Additional Features
- Property is near park and public transit
- 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
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
Closed on
Aug 1, 2019
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,156,309
Interest Rate
3.7%
Mortgage Type
Commercial
Estimated Equity
$233,024
Purchase Details
Listed on
Jun 10, 2016
Closed on
Jun 16, 2016
Sold by
Bought by
Seller's Agent
Mark Kachigan
Pabst, Kinney & Associates
Buyer's Agent
Spencer Pabst
Pabst, Kinney & Associates
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%
Purchase Details
Closed on
Apr 11, 2012
Sold by
Bought by
Purchase Details
Closed on
Oct 19, 1994
Sold by
Bought by
Purchase Details
Closed on
Oct 7, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in East Village, CA
-
Tawna Burnett
-
Martin Gonzalez
Martin Gonzalez
(909) 298-1958
24 Total Sales
1 in East Village
$570,000 Price
-
Ross Gagnon
Ross Gagnon
Coldwell Banker Realty
(949) 518-3075
37 Total Sales
2 in East Village
$742,000 Price Range
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
152 Total Sales
1 in East Village
$249,000 Price
-
Kevin Freeman
Kevin Freeman
Re/Max R. E. Specialists
(213) 600-3360
18 Total Sales
1 in East Village
$320,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
125 Total Sales
10 in East Village
$340K - $1.4M Price Range
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 |
|---|---|---|---|
| $1,874,000 | First American Title Company | ||
| $1,200,000 | Western Resources Title Co | ||
| -- | None Available | ||
| -- | World Title Company | ||
| $186,000 | World 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 | $1,350,000 | ||
| Previous Owner | $835,000 |
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 |
|---|---|---|---|---|
| 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
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 |
|---|---|---|---|---|
| 2025 | $27,475 | $2,049,488 | $1,312,373 | $737,115 |
| 2024 | $26,296 | $2,009,303 | $1,286,641 | $722,662 |
| 2023 | $25,850 | $1,969,906 | $1,261,413 | $708,493 |
| 2022 | $24,260 | $1,931,281 | $1,236,680 | $694,601 |
| 2021 | $23,770 | $1,893,414 | $1,212,432 | $680,982 |
| 2019 | $16,306 | $1,248,480 | $873,936 | $374,544 |
| 2018 | $15,868 | $1,224,000 | $856,800 | $367,200 |
| 2016 | $4,040 | $263,900 | $70,934 | $192,966 |
| 2015 | $3,900 | $259,937 | $69,869 | $190,068 |
| 2014 | $3,913 | $254,846 | $68,501 | $186,345 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Kachigan
Seller's Agent in 2016
Mark Kachigan
Pabst, Kinney & Associates
(562) 225-4848
32 Total Sales
-
Spencer Pabst
Buyer's Agent in 2016
Spencer Pabst
Pabst, Kinney & Associates
(562) 884-6875
1 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16085173
APN: 7281-006-002
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.
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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