NOT LISTED FOR SALE

70 W Arbor St Long Beach, CA 90805

Sutter Neighborhood

Estimated Value: $858,678 - $1,034,000

4 Beds
2 Baths
1,572 Sq Ft
$584/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $680,000 $433 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,572/month

About This Home

Great duplex opportunity within walking distance to Virginia Country Club at 68-70 West Arbor St., Long Beach, CA.
West Arbor St. comes with (2) 2-bed/1-bath units that are currently receiving strong rental income. The rear unit has been completely remodeled and in beautiful shape, perfectly suited for top of the market rent. Upgrades include new hardwood flooring, new kitchens and bathrooms, and a fresh layer of paint throughout. The property is equipped with a large, two-car garage, which is a great source for providing the new owner additional income. The massive, 7,000 Sq.Ft. lot comes with a nicely landscaped backyard, great for all family activities. Aside from being located adjacent to Bixby Knolls, 68-70 West Arbor St. has great freeway and transit access.
This is an ideal owner/user opportunity available in the up and coming North Long Beach.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 2, 2019
Sold by
Gudiel Otto R
Bought by
Alvarenga Steven and Alvarenga Connie Evadne
Seller's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Alan Fasnacht
Team Fasnacht Realty
List Price
$700,000
Sold Price
$680,000
Premium/Discount to List
-$20,000
-2.86%
Current Estimated Value
$917,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,920
Avg. Annual Appreciation
4.85%
Original Mortgage
$657,305
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 18, 2019
Sold by
Gudiel Veronica Burgoas
Bought by
Gudiel Otto R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,305
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 13, 2015
Sold by
Hall John Raymond
Bought by
Fitzpatrick Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2015
Sold by
Fitzpatrick Jo Ann
Bought by
Gudiel Otto R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2007
Sold by
Fitzpatrick Jo Ann and The Ella Jane Meyer Trust
Bought by
Fitzpatrick Jo Ann

Purchase Details

Closed on
Jun 15, 2007
Sold by
Meyer Ella Jane
Bought by
Meyer Ella Jane and The Ella Jane Meyer Trust

Purchase Details

Closed on
Oct 25, 2001
Sold by
Meyer Jane and Estate Of Bernard N Meyer
Bought by
Meyer Ella Jane
Source: Public Records

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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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
Alvarenga Steven $680,000 First American Title Company
Gudiel Otto R -- First American Title Company
Fitzpatrick Jo Ann -- Chicago Title Company
Gudiel Otto R $450,000 Chicago Title Company
Fitzpatrick Jo Ann -- None Available
Meyer Ella Jane -- None Available
Meyer Ella Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarenga Steven $657,305
Previous Owner Gudiel Otto R $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2019 11/19/19 Sold $680,000 -2.9% $433 / Sq Ft View Prior Sale
08/29/2019 08/29/19 For Sale $700,000 -- $445 / Sq Ft

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 $9,552 $743,675 $415,582 $328,093
2024 $9,552 $729,094 $407,434 $321,660
2023 $9,393 $714,799 $399,446 $315,353
2022 $8,820 $700,784 $391,614 $309,170
2021 $8,647 $687,044 $383,936 $303,108
2019 $6,236 $477,543 $265,302 $212,241
2018 $5,997 $468,180 $260,100 $208,080
2016 $5,517 $450,000 $250,000 $200,000
2015 $4,698 $390,000 $280,000 $110,000
2014 $4,532 $370,000 $265,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • Cameron Samimi

    Seller's Agent in 2019

    Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

    (310) 259-7556

    206 Total Sales

    Cameron Samimi
    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Parker Boehle

    Lyon Stahl Investment Real Estate, Inc.

    Section Image
  • Alan Fasnacht

    Buyer's Agent in 2019

    Alan Fasnacht

    Team Fasnacht Realty

    (562) 243-5948

    82 Total Sales

    Alan Fasnacht
    Section Image
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Map

California Los Angeles County Long Beach 90805 Sutter

70 W Arbor St, Long Beach, CA

Not Listed for Sale

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