NOT LISTED FOR SALE

Estimated Value: $1,060,000 - $1,243,000

6 Beds
3 Baths
2,865 Sq Ft
$411/Sq Ft Est. Value

Last Sold August 02, 2017

Last sale price $790,000 $276 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,129/month

28 Days on Market

Highlights

  • 15,435 Sq Ft lot
  • Traditional Architecture
  • Corner Lot
  • Property is near public transit
  • Wood Flooring
  • Private Yard

About This Home

As of August 2017

Incredible opportunity to own 2 units on a massive 15,000+ sq. ft. lot in Long Beach! The front SFR has been remodeled beautifully and boasts 4 bedrooms and 2 bathroom. Refinished original hardwood floors flow throughout the living and dining rooms and plenty of windows brighten the space with natural light. The upgraded kitchen shines with white shaker cabinets, sleek quartz countertops, and a new stainless steel range, dishwasher, and microwave/hood. The master suite boasts a huge bedroom with sliding glass door, plush designer carpet, dual remote fans and a large closet. The stunning master bath showcases a beautiful tiled shower and dual vanity sink, all on contemporary tiles. The second free-standing unit is comprised of 2 bedrooms and 1 bath. Completing this lot is a large 3-car garage and enough potential parking space to fit an RV. Easy freeway access, nearby shopping, and tons of potential here, this investment is guaranteed to move quick! Must be seen to be appreciated!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 05/05/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 60x257x60x256
  • No Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot
  • Rectangular Lot
  • Lot Has A Rolling Slope
  • Front Yard Sprinklers
  • Private Yard
  • Back and Front Yard

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Two Garage Doors
  • Driveway
  • RV Potential

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,865 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Two Homes on a Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 12 / 20
  • Assessor Parcel Number 7113003069

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $4,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7113003069
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 275.74
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Two Door, RV Potential
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Near Public Transit, Rolling Slope, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size: 60x257x60x256
  • Lot Size Sq Ft: 15435.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1272 Square Feet
  • Average3 Bed Area: 1593 Square Feet
  • Gross Income: 4300.00
  • Gross Scheduled Income: 51600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1350.00

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 5702.03
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Jones Elizabeth
Bought by
Elizabeth Jones Revocable Trust and Jones
Current Estimated Value
$1,177,589

Purchase Details

Closed on
Mar 28, 2018
Sold by
Jones Douglas and Jones Elizabth
Bought by
The Elizabeth Jones Revocable Trust and The Jones Family Revocable Trust

Purchase Details

Listed on
May 5, 2017
Closed on
Jul 27, 2017
Sold by
West Ridge Rentals Llc
Bought by
Jones Douglas and Jones Elizabeth
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$799,900
Sold Price
$790,000
Premium/Discount to List
-$9,900
-1.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%
Original Mortgage
$350,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2016
Sold by
Mid Cal Realty Services Inc
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Aug 11, 2016
Sold by
Williams Ronnie L
Bought by
Mid Cal Realty Services Inc

Purchase Details

Closed on
May 13, 2010
Sold by
Henderson Michael and The Truman F Henderson Living
Bought by
Williams Ronnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,002
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2008
Sold by
Henderson Truman F
Bought by
Henderson Michael and Truman F Henderson Living Trus

Purchase Details

Closed on
Aug 30, 1999
Sold by
Henderson Sally A
Bought by
Henderson Truman F and Henderson Henrietta T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Elizabeth Jones Revocable Trust -- None Listed On Document
Jones Elizabeth -- None Listed On Document
The Elizabeth Jones Revocable Trust -- None Available
Jones Douglas $790,000 Fidelity National Title Co
West Ridge Rentals Llc -- Accommodation
Mid Cal Realty Services Inc $560,000 Accommodation
Williams Ronnie L $490,000 Progressive Title Company
Henderson Michael -- None Available
Henderson Truman F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Douglas $350,000
Previous Owner Williams Ronnie L $450,002
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2017 08/02/17 Sold $790,000 +1.3% $276 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/26/2017 05/26/17 Price Changed $779,900 -2.5% $272 / Sq Ft
05/05/2017 05/05/17 For Sale $799,900 -- $279 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,665 $898,879 $614,425 $284,454
2024 $11,665 $881,255 $602,378 $278,877
2023 $11,475 $863,976 $590,567 $273,409
2022 $10,783 $847,037 $578,988 $268,049
2021 $10,570 $830,430 $567,636 $262,794
2020 $10,542 $821,916 $561,816 $260,100
2019 $10,422 $805,800 $550,800 $255,000
2018 $9,996 $790,000 $540,000 $250,000
2016 $6,460 $530,306 $335,500 $194,806
2015 $6,203 $522,341 $330,461 $191,880
2014 $6,167 $512,110 $323,988 $188,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17097194

California Regional Multiple Listing Service (CRMLS)

APN: 7113-003-069