NOT LISTED FOR SALE

Estimated Value: $900,000 - $982,836

5 Beds
2 Baths
2,074 Sq Ft
$446/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $649,000 $313 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,588/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Corian Countertops
  • Double Pane Windows
  • No HOA
  • Two Homes on a Lot
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2019

Two homes on one lot in Long Beach! Located in Bixby Knolls, this duplex is the perfect investment property with a 3 bedroom, 1 bathroom rear unit and a 2 bedroom, 1 bathroom front unit. Both units contain tile and wood style laminate floors and have been freshly painted. The property has tons of potential to be upgraded and turned into excellent rental units. A huge concrete driveway spans a large portion of the lot and can hold approximately 10 cars or so for multiple tenants. The lot also contains a variety of tropical & citrus tress, along with many other plants. Being located between Cal State Dominguez Hills and Long Beach Airport, this property has access to local shopping, restaurants, and entertainment options. Near both Del Amo & Long Beach Boulevards, this property is close to the 710, 91, and 405 freeways. Come and see this awesome property before it is gone!

Last Agent to Sell the Property

Veronica Lee

Coldwell Banker Realty License #01832103 Listed on: 11/05/2019

Coldwell Banker Realty

Co-Listed By

Gabriela Chavez Cisneros

KW College Park License #01999203

Last Buyer's Agent

Larry Sangiorgio

First Team Real Estate License #01419541

First Team Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 6,766 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Fence is in good condition
  • Level Lot
  • Garden
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Corian Countertops
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Parking Available
  • Private Parking
  • Driveway Level
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 571701
  • Assessor Parcel Number 7133033032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,120
  • Fuel Expense $1,920
  • Insurance Expense $1,000
  • Trash Expense $300
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,000
  • Operating Expense $15,740
  • Gross Income $48,000
  • Net Operating Income $32,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

6,766 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Subdivision Name Other: Bixby Knolls (BK)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LBR1N
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7133033032
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Corian Counters, Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 312.92
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Block, Good Condition, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Block, Concrete, Drywall Walls, Frame, Glass, Steel, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, On Site, Oversized, Private
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Garden, Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 6766.00
  • Lot Size Acres: 0.1553

Multi Family

  • Electric Expense: 3120.00
  • Fuel Expense: 1920.00
  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6766.0000 Square Feet
  • Net Operating Income: 32260.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 15740.00
  • Rent Control: No
  • Total Expenses: 15740.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Census Tract: 5717.01
  • Tax Lot: 24
  • Tax Tract Number: 571701

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Patel Nitesh and Patel Niti N
Bought by
Linga Bhairavi Llc
Current Estimated Value
$924,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$293,653
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$631,306

Purchase Details

Closed on
Nov 3, 2020
Sold by
Linga Bhairavi Llc
Bought by
Patel Nitesh and Patel Niti N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$293,653
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$631,306

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 17, 2019
Sold by
Patel Nitti and Patel Nitesh
Bought by
Linga Bhairavl Llc
Seller's Agent
Veronica Lee
Coldwell Banker Realty
Buyer's Agent
Larry Sangiorgio
First Team Real Estate
List Price
$649,000
Sold Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$325,000
Interest Rate
3.75%

Purchase Details

Listed on
Nov 5, 2019
Closed on
Nov 23, 2019
Sold by
Bunteung Foeun
Bought by
Patel Niti and Patel Nitesh
Seller's Agent
Veronica Lee
Coldwell Banker Realty
Buyer's Agent
Larry Sangiorgio
First Team Real Estate
List Price
$649,000
Sold Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.75%

Purchase Details

Listed on
Nov 5, 2019
Closed on
Nov 14, 2019
Sold by
Bunteung Prayong
Bought by
Bunteung Foeun
Seller's Agent
Veronica Lee
Coldwell Banker Realty
Buyer's Agent
Larry Sangiorgio
First Team Real Estate
List Price
$649,000
Sold Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.75%

Purchase Details

Closed on
Aug 10, 2005
Sold by
Bunteung Alison
Bought by
Bunteung Foeun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 9, 2005
Sold by
Bunteung Foeun
Bought by
Bunteung Foeun and Bunteung Alison

Purchase Details

Closed on
Jul 20, 2004
Sold by
Bunteung Dawloy and Bunteung Foeun
Bought by
Bunteung Foeun

Purchase Details

Closed on
Aug 29, 2003
Sold by
Bunteung Dawloy
Bought by
Bunteung Dawloy and Bunteung Foeun

Purchase Details

Closed on
May 1, 2003
Sold by
Lopez Rafael and Lopez Librada
Bought by
Bunteung Dawloy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,910
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1994
Sold by
Va
Bought by
Lopez Rafael and Lopez Librada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,001
Interest Rate
8.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 11, 1994
Sold by
Cal Western Reconveyance Corp
Bought by
Stm Mtg Company

Purchase Details

Closed on
Dec 29, 1993
Sold by
Causey Elizabeth E
Bought by
Bastin William D

Purchase Details

Closed on
Dec 20, 1993
Sold by
Kent Trubee B
Bought by
Bastin William D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Linga Bhairavi Llc -- Accommodation
Patel Nitesh -- Fidelity National Title
Linga Bhairavl Llc -- None Available
Patel Niti $649,000 First American Title Company
Bunteung Foeun -- First American Title
Bunteung Foeun -- First American Title Co
Bunteung Foeun -- --
Bunteung Foeun -- --
Bunteung Dawloy -- --
Bunteung Dawloy $360,000 Stewart Title Company
Lopez Rafael $160,500 --
Stm Mtg Company $139,371 Stewart Title
Va -- Fidelity National Title Ins
Bastin William D -- --
Bastin William D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Nitesh $330,000
Previous Owner Patel Niti $325,000
Previous Owner Bunteung Foeun $325,000
Previous Owner Bunteung Dawloy $322,910
Previous Owner Lopez Rafael $160,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2019 12/05/19 Sold $649,000 0.0% $313 / Sq Ft
11/08/2019 11/08/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $649,000 -- $313 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,870 $754,693 $328,093 $426,600
2024 $9,870 $739,896 $321,660 $418,236
2023 $9,150 $682,213 $315,353 $366,860
2022 $8,596 $668,837 $309,170 $359,667
2021 $8,421 $655,723 $303,108 $352,615
2020 $8,294 $649,000 $300,000 $349,000
2019 $5,965 $458,700 $242,159 $216,541
2018 $5,717 $449,707 $237,411 $212,296
2016 $5,251 $432,246 $228,193 $204,053
2015 $5,042 $425,754 $224,766 $200,988
2014 $5,011 $417,415 $220,364 $197,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19246249

California Regional Multiple Listing Service (CRMLS)

APN: 7133-033-032

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