NOT LISTED FOR SALE

726 E 60th St Long Beach, CA 90805

Houghton Park Neighborhood

Estimated Value: $795,000 - $931,000

2 Beds
1 Bath
1,378 Sq Ft
$609/Sq Ft Est. Value

Last Sold December 01, 2014

Last sale price $385,000 $279 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,170/month

42 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Double Pane Windows
  • Laundry Room
  • Private Yard
  • Living Room
  • More Than Two Accessible Exits

About This Home

As of December 2014

CORNER LOT DUPLEX 2 BEDS 1 BATH EACH WITH ATTACHED GARAGES. LAUNDRY HOOK UPS IN GARAGE. SEPARATELY METERED. LIVE IN ONE AND RENT THE OTHER OR RENT THEM BOTH. CLOSE TO FREEWAYS. THIS IS PRICED TO SELL !

Last Agent to Sell the Property

KARLA JOSEPH

High Ten Partners, Inc. Listed on: 09/19/2014

High Ten Partners, Inc.

Last Buyer's Agent

Felipe Portillo

Portillo Real Estate License #00892423

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 5,181 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Bungalow
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Spanish Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,378 Sq Ft Home
  • Double Pane Windows
  • Living Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 16 / 8
  • Tax Tract Number 6521
  • Assessor Parcel Number 7124018016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $480
  • Gardener Expense $720
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,750
  • Gross Income $31,080
  • Net Operating Income $29,258

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • CapRate: 7.50
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: North Long Beach (NLB)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 7124018016
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Price Per Square Foot: 279.39
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Pool Private: No
  • Roof: Composition, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 5181.00
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 31080.00
  • Gross Scheduled Income: 31080.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5181.0000 Square Feet
  • Net Operating Income: 29258.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4750.00
  • Tax Block: 8
  • Tax Lot: 16
  • Tax Tract Number: 6521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Estrada Fermin and Estrada Erica
Bought by
Hickman James and Kelley Veronica
Current Estimated Value
$839,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$416,661
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$422,475

Purchase Details

Listed on
Sep 19, 2014
Closed on
Nov 25, 2014
Sold by
Montgomery Kenice T
Bought by
Estrada Fermin and Estrada Erica
Seller's Agent
KARLA JOSEPH
High Ten Partners, Inc.
Buyer's Agent
Felipe Portillo
Portillo Real Estate
List Price
$390,000
Sold Price
$385,000
Premium/Discount to List
-$5,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$378,001
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 20, 2008
Sold by
Arreola Jose C
Bought by
Mathews Kenice T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,321
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 2006
Sold by
Arreola Jose C
Bought by
Gayden Terril

Purchase Details

Closed on
Sep 20, 2006
Sold by
Duarte Xochilt and Santamaria Carlos A D
Bought by
Arreola Jose C

Purchase Details

Closed on
Jun 8, 2006
Sold by
Arreola Jose C
Bought by
Duarte Xochilt

Purchase Details

Closed on
Mar 13, 2006
Sold by
Orozco Aracely and Reyes Tomas
Bought by
Arreola Jose C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
7.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 24, 2003
Sold by
Orozco Nancy and Reyes Tomas
Bought by
Reyes Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.97%

Purchase Details

Closed on
Oct 31, 2002
Sold by
Orozco Sigifredo and Orozco Clementina
Bought by
Orozco Nancy

Purchase Details

Closed on
Apr 13, 1998
Sold by
Mccarthy Lovey E
Bought by
Del Mar South Bay Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,904
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1998
Sold by
Del Mar South Bay Inc
Bought by
Orozco Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,904
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 1998
Sold by
Mccarthy Richard E
Bought by
Mccarthy Lovey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,904
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1996
Sold by
Mccarthy Richard E
Bought by
Mccarthy Lovey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
8.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 12, 1996
Sold by
Federal National Mortgage Association
Bought by
Mccarthy Lovey E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
8.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 1, 1996
Sold by
Jones Clois L and Federal National Mortgage Asso
Bought by
Federal National Mortgage Association
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
Hickman James $675,000 First American Title Company
Estrada Fermin $385,000 First American Title Company
Montgomery Kenice T -- First American Title Company
Mathews Kenice T $290,000 First American Title Company
Arreola Jose C -- First American Title Company
Gayden Terril -- None Available
Arreola Jose C -- None Available
Duarte Xochilt -- None Available
Arreola Jose C $540,000 Ticor Title
Reyes Tomas -- First American Title Co
Orozco Nancy -- --
Del Mar South Bay Inc -- Investors Title Company
Orozco Araceli $150,000 Investors Title Company
Mccarthy Lovey E -- Investors Title Company
Mccarthy Lovey E -- Investors Title Company
Mccarthy Lovey E $85,000 Investors Title Company
Federal National Mortgage Association $106,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hickman James $472,500
Previous Owner Estrada Fermin $378,001
Previous Owner Mathews Kenice T $280,321
Previous Owner Arreola Jose C $432,000
Previous Owner Reyes Tomas $211,500
Previous Owner Del Mar South Bay Inc $2,904
Previous Owner Orozco Araceli $147,597
Previous Owner Mccarthy Lovey E $2,904
Previous Owner Mccarthy Lovey E $72,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2014 12/01/14 Sold $385,000 -1.3% $279 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $390,000 -- $283 / 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 $9,430 $738,208 $328,093 $410,115
2024 $9,430 $723,734 $321,660 $402,074
2023 $9,272 $709,544 $315,353 $394,191
2022 $8,703 $695,632 $309,170 $386,462
2021 $8,533 $681,993 $303,108 $378,885
2020 $5,487 $423,089 $203,302 $219,787
2019 $5,424 $414,794 $199,316 $215,478
2018 $9,899 $406,661 $195,408 $211,253
2017 $9,844 $398,688 $191,577 $207,111
2016 $4,818 $390,871 $187,821 $203,050
2015 $4,626 $385,000 $185,000 $200,000
2014 $3,772 $304,640 $210,097 $94,543
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    KARLA JOSEPH

    High Ten Partners, Inc.

    Section Image

  • F

    Buyer's Agent in 2014

    Felipe Portillo

    Portillo Real Estate

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14183083

California Regional Multiple Listing Service (CRMLS)

APN: 7124-018-016

California Los Angeles County Long Beach 90805 Houghton Park

726 E 60th St, Long Beach, CA

Not Listed for Sale

MultiFamily

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