NOT LISTED FOR SALE

701 E 6th St Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $1,536,000 - $1,885,000

14 Beds
8 Baths
2 Sq Ft
$849,959/Sq Ft Est. Value

Sale Details

Date Sold: April 9, 2019

Last sale price $1,300,000 $650,000 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,742 / mo

122 Days on Market

Highlights

  • 0.09 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Corner Lot

About This Home

As of April 2019

Town house style buildings (2) 4 Br, 2.25 Baths approx.. 1300 S.F, & (2) 3Br, 2Bath Approx. $ 1140 Sf. . Stacked single level. Tenants pay all utilities. Landlord pay Water & trash.

Actual Address: 614- 618 Lime St. & 701- 705 6th St.. 2 separated building on one lot.

Last Agent to Sell the Property

Nick Hoffman

Western International License #00811392 Listed on: 08/12/2018

Last Buyer's Agent

Debra Schrieber

Debra Schrieber, Broker License #01749813

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 4,056 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 18
  • Assessor Parcel Number 7274019015

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $445
  • Gardener Expense $360
  • Insurance Expense $2,200
  • Water Sewer Expense $2,700
  • New Taxes Expense $17,438
  • Operating Expense $23,381
  • Gross Income $7,260
  • Net Operating Income $63,739

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

4,056 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 2700.00
  • Zoning: LBPD30
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 7274019015
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 4056.00
  • Lot Size Acres: 0.0931

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 445.00
  • Gross Income: 7260.00
  • Gross Scheduled Income: 87120.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 4056.0000 Square Feet
  • Net Operating Income: 63739.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 23381.00
  • Rent Control: No
  • Total Actual Rent: 7260.00
  • Total Expenses: 23381.00

Tax Info

  • New Taxes Expense: 17438.00
  • Tax Census Tract: 5762.00
  • Tax Lot: 18

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

Listed on
Aug 12, 2018
Closed on
Apr 3, 2019
Sold by
Bought by
Seller's Agent
Nick Hoffman
Western International
Buyer's Agent
Debra Schrieber
Debra Schrieber, Broker
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
$1,699,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,918
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,276,453
Outstanding Balance
$1,109,382
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$590,536

Purchase Details

Closed on
Apr 18, 2015
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
$720,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
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
$483,750
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 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
$700,000
Interest Rate
4.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2001
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
$385,506
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 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
$214,000
Interest Rate
7.9%

Purchase Details

Closed on
Dec 13, 1999
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1998
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 1998
Sold by
Bought by

Purchase Details

Closed on
May 21, 1997
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
$267,588
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1997
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
$267,588
Interest Rate
7.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 10, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$1,300,000 Lawyers Title Company
$960,000 Lawyers Title Company
$645,000 North American Title Company
$875,000 Commonwealth Land Title Co
$392,000 North American Title Co
$171,500 United Title Company
-- Landsafe Title
$282,143 Landsafe Title
-- --
$269,000 Southland Title Corporation
-- Investors Title Company
$140,000 Fidelity National Title Ins
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
Open $1,276,453
Previous Owner $720,000
Previous Owner $483,750
Previous Owner $700,000
Previous Owner $385,506
Previous Owner $214,000
Previous Owner $267,588
Previous Owner $122,500
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
04/09/2019 04/09/19 Sold $1,300,000 -7.1% $650,000 / Sq Ft
12/12/2018 12/12/18 Pending -- -- --
08/12/2018 08/12/18 For Sale $1,399,000 -- $699,500 / 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 $19,367 $1,450,171 $942,611 $507,560
2024 $18,511 $1,421,737 $924,129 $497,608
2023 $18,200 $1,393,860 $906,009 $487,851
2022 $17,083 $1,366,531 $888,245 $478,286
2021 $16,732 $1,339,737 $870,829 $468,908
2019 $13,360 $1,034,497 $721,850 $312,647
2018 $12,992 $1,014,218 $707,697 $306,521
2016 $11,932 $974,639 $680,217 $294,422
2015 $8,391 $687,571 $479,701 $207,870
2014 $8,344 $674,104 $470,305 $203,799
Source: Public Records

Agents Affiliated with this Home

  • Nick Hoffman

    Seller's Agent in 2019

    Nick Hoffman

    Western International

    (714) 741-8020

    8 Total Sales

    Nick Hoffman
    Section Image

  • D

    Buyer's Agent in 2019

    Debra Schrieber

    Debra Schrieber, Broker

    (818) 782-9443

    1 Total Sale

    Debra Schrieber
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18196561

California Regional Multiple Listing Service (CRMLS)

APN: 7274-019-015

California Los Angeles County Long Beach 90802 East Village

701 E 6th St, Long Beach, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.