NOT LISTED FOR SALE

Estimated Value: $729,000 - $1,052,154

3 Beds
2 Baths
1,729 Sq Ft
$500/Sq Ft Est. Value

Sale Details

Date Sold: July 16, 2021

Last sale price $751,000 $434 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,619 / mo

37 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Front Yard
  • Long Beach Polytechnic High School Rated A
  • Heating Available

About This Home

As of July 2021

Own a great investment opportunity in a classic Craftsman duplex in the city of Long Beach. This is a duplex, 2 homes in a 1 lot. You, your tenants or both can enjoy the privacy of having 2 separate homes. The front unit is a 2 bedroom (den turned into a 3rd bedroom) and 1 bath at 1,152 sq ft. The back unit is a 1 bedroom and 1 bath unit at 568 sq ft. Both units have separate parking spaces. This is a great investment opportunity. Live in one unit, rent the other or rent both units. Both units will be

Last Agent to Sell the Property

Christine Almarines

Caliber Real Estate Group License #01412944 Listed on: 05/25/2021

Last Buyer's Agent

Christopher Phipps

Realty One Group West License #01504980

Realty One Group West

Range of Values:

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

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 6,728 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 1,729 Sq Ft Home
  • Craftsman Architecture
  • Fixer Upper

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway

Utilities

  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • Tax Lot 23
  • Assessor Parcel Number 7267028026

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,600
  • Professional Management Expense $2,100
  • Trash Expense $900
  • Water Sewer Expense $900
  • New Taxes Expense $9,562
  • Operating Expense $17,062
  • Net Operating Income $19,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1918 | Remodeled

Lot Details

6,728 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 2100.00
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: unknown
  • View: No
  • Water Sewer Expenses: 900.00
  • Zoning: LBR2N
  • Architectural Style: Craftsman
  • Property Condition: Fixer, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7267028026
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 434.36

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6728.00
  • Lot Size Acres: 0.1545

Rental Info

  • Tenant Pays: Cable TV, Electricity, Trash Collection

Multi Family

  • Insurance Expense: 3600.00
  • Lot Size Area: 6728.0000 Square Feet
  • Net Operating Income: 19200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4800.00
  • Rent Control: Yes
  • Total Expenses: 17062.00

Tax Info

  • New Taxes Expense: 9562.00
  • Tax Census Tract: 5764.03
  • Tax Lot: 23
  • Tax Tract Number: Wal...

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

Closed on
Mar 9, 1999
Sold by
Bought by
Current Estimated Value
$864,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
6.7%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- American Title Co
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
Closed $107,250
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
07/16/2021 07/16/21 Sold $751,000 +11.3% $434 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/15/2021 06/15/21 Price Changed $675,000 -11.8% $390 / Sq Ft
05/25/2021 05/25/21 For Sale $765,000 -- $442 / 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 $10,562 $796,965 $519,991 $276,974
2024 $10,137 $781,340 $509,796 $271,544
2023 $9,967 $766,020 $499,800 $266,220
2022 $9,357 $751,000 $490,000 $261,000
2021 $1,617 $94,922 $59,093 $35,829
2020 $1,612 $93,950 $58,488 $35,462
2019 $1,595 $92,109 $57,342 $34,767
2018 $1,443 $90,304 $56,218 $34,086
2016 $1,323 $86,799 $54,036 $32,763
2015 $1,278 $85,496 $53,225 $32,271
2014 $1,283 $83,822 $52,183 $31,639
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21105282

California Regional Multiple Listing Service (CRMLS)

APN: 7267-028-026

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