NOT LISTED FOR SALE

641 E 6th St Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $1,265,354 - $1,608,000

8 Beds
4 Baths
3,520 Sq Ft
$419/Sq Ft Est. Value

Last Sold February 13, 2015

Last sale price $685,000 $195 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,633/month

86 Days on Market

Highlights

  • 4,507 Sq Ft lot
  • Spanish Architecture
  • 3 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Corner Lot
  • Ceiling Fan

About This Home

As of February 2015

This is a very clean and well maintained property desirably located directly across the street from Stevenson Elementary School. The property consists of four 2BR/1BA units. All units have wash/dryer hook-ups and individual water heaters in separate service porches. All units have hardwood and tile floors. All units have well maintained upgraded kitchens/bathrooms. The building's exterior was recently re-stucco'd and all windows have been well maintained and replaced as needed. This is a turn-key property with virtually no deferred maintenance.

Last Agent to Sell the Property

Alan Acree

Alan Acree, Broker License #01366012 Listed on: 10/15/2014

Last Buyer's Agent

Steve Hwang

License #01406095

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 4,507 Sq Ft Lot
  • Corner Lot

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Composition Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 4 Units
  • Vacancy Allowance $1,665

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 7274-018-043

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3520
  • Price Per Unit: 173750.00
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Garbage Disposal, Gas Dryer Hookup, Range/Oven
  • Price Per S Q F T: 197.44

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Wood Frame
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Garage Structures: 1
  • Parking Garage: Driveway - Concrete, Garage Is Detached
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan
  • Heating: Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water: Meter on Property
  • Water Expense: 2000.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 824.00
  • Maintenance Expense: 2500.00

Lot Info

  • Assessed Improvement Value: 46963
  • Assessed Land Value: 16858
  • Assessor Parcel Number: 7274-018-043
  • Geocode Override: No
  • Lot Location: Corner Lot
  • Lot Size Area: 4507

Rental Info

  • Owner Pays: Water
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.52
  • Number Of Units: 4
  • Rent Control: 0
  • Type Of Units: 2BR/1BA
  • Vacancy Allow: 1665
  • Vacancy Allow Percent: 3.00

Tax Info

  • Tax Expense: 8526.00
  • Tax New: 8004.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2014
Closed on
Jan 16, 2015
Sold by
Boyd Julie
Bought by
Kaunitz Family Trust
Seller's Agent
Alan Acree
Alan Acree, Broker
Buyer's Agent
Steve Hwang
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Current Estimated Value
$1,474,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$789,589
Avg. Annual Appreciation
7.31%
Original Mortgage
$513,750
Outstanding Balance
$392,928
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,081,661

Purchase Details

Closed on
Jan 10, 2002
Sold by
Boyd Arden F and Boyd Rita M
Bought by
Boyd Arden F

Purchase Details

Closed on
Nov 22, 1993
Sold by
Campbell Teresa M
Bought by
Boyd Arden F and Boyd Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,903
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaunitz Family Trust $685,000 First American Title
Boyd Arden F -- --
Boyd Arden F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaunitz Family Trust $513,750
Previous Owner Boyd Arden F $62,903
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2015 02/13/15 Sold $685,000 -1.4% $195 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
10/15/2014 10/15/14 For Sale $695,000 -- $197 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $10,889 $823,258 $576,884 $246,374
2024 $10,889 $807,117 $565,573 $241,544
2023 $10,703 $791,292 $554,484 $236,808
2022 $10,057 $775,777 $543,612 $232,165
2021 $9,842 $760,566 $532,953 $227,613
2019 $9,702 $738,010 $517,147 $220,863
2018 $9,409 $723,540 $507,007 $216,533
2016 $8,648 $695,446 $487,320 $208,126
2015 $6,940 $563,534 $394,474 $169,060
2014 $1,349 $63,821 $16,858 $46,963
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Alan Acree

    Alan Acree, Broker

    Section Image

  • S

    Buyer's Agent in 2015

    Steve Hwang

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Map

Source: The MLS

MLS Number: 14-802793

The MLS

APN: 7274-018-043

California Los Angeles County Long Beach 90802 East Village

641 E 6th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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