NOT LISTED FOR SALE

Estimated Value: $1,249,000 - $1,499,000

8 Beds
4 Baths
4,004 Sq Ft
$347/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2013

Last sale price $576,225 $144 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $9,025 / mo

141 Days on Market

Highlights

  • 0.09 Acre Lot
  • Contemporary Architecture
  • No Heating
  • Long Beach Polytechnic High School Rated A

About This Home

As of April 2013

SUPERB, LOCATION, LOCATION, LOCATION, CURB APPEAL GREAT 4-PLEX EACH UNITS WITH 2 BEDROOMS, 1 BATH LARGE ROOMS, HARDWOOD FLOORS, NEW EXTERIOR PAINT, ACROSS FROM STEVENSON ELEMENTARY SCHOOL, ONLY FEW BLOCKS FROM THE BEACH, CLOSE TO SHOPPING CENTER, BUS STATION, GREAT INVESTMENT PROPERTY.

Last Agent to Sell the Property

Severcan Naman

Together Realty License #01818161 Listed on: 08/15/2012

Last Buyer's Agent

Bruce Kang

Bruce Kang, Broker License #01873702

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,742

Home Design

  • 4,004 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3,742 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 70
  • Tax Tract Number 5762
  • Assessor Parcel Number 7281006002

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Other Expense $5,000
  • Pest Control $223
  • Professional Management Expense $1,500
  • Water Sewer Expense $1,000
  • New Taxes Expense $8,554
  • Gross Income $4,250
  • Net Operating Income $33,426

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

3,742 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 5.71
  • Professional Management Expense: 1500.00
  • View: No
  • Water Sewer Expenses: 1000.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7281006002
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 143.91

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 223.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3742.00
  • Lot Size Acres: 0.0860

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1100
  • Gross Income: 4250.00
  • Gross Multiplier: 11.47
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 33426.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 17574.00
  • Other Expense: 5000.00
  • Other Expense Description: REPAIRS

Tax Info

  • New Taxes Expense: 8554.00
  • Tax Block: 70
  • Tax Lot: 5
  • Tax Tract Number: 5762

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
Feb 6, 2020
Sold by
Bought by
Current Estimated Value
$1,389,333

Purchase Details

Closed on
Aug 5, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2013
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
$288,112
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2007
Sold by
Bought by

Purchase Details

Closed on
May 24, 2004
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
$444,750
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
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
$350,479
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2002
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
$248,500
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2000
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
$260,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 3, 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
$260,000
Interest Rate
7.87%

Purchase Details

Closed on
Dec 22, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 9, 1997
Sold by
Bought by

Purchase Details

Closed on
Jun 2, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Village, CA

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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
-- California Members Title Co
-- California Members Title Co
-- Accommodation
$576,500 Landwood Title Company
-- Accommodation
$593,000 Old Republic Title
$356,000 American Title Co
$187,000 --
$325,000 Chicago Title
$169,000 Chicago Title Co
$162,000 Benefit Land Title
$156,750 Benefit Land Title Ins Co
$310,000 Commonwealth Title
$152,000 Commonwealth Land Title Co
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
Previous Owner $288,112
Previous Owner $504,000
Previous Owner $444,750
Previous Owner $460,000
Previous Owner $352,406
Previous Owner $350,479
Previous Owner $248,500
Previous Owner $260,000
Previous Owner $184,000
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
04/30/2013 04/30/13 Sold $576,225 -1.5% $144 / Sq Ft
01/03/2013 01/03/13 Pending -- -- --
08/15/2012 08/15/12 For Sale $585,000 -- $146 / 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 $16,484 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S708766

California Regional Multiple Listing Service (CRMLS)

APN: 7281-006-002

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