NOT LISTED FOR SALE

Estimated Value: $1,163,000 - $1,398,616

8 Beds
5 Baths
3,118 Sq Ft
$410/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $1,025,000 $329 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,947/month

29 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 4 Car Garage
  • Long Beach Polytechnic High School Rated A

About This Home

As of December 2022

Great investment opportunity in the city of Long Beach. Both units will be delivered vacant so the new owner can have a fresh start with new tenants! Located right off of 7th street giving you direct access to the 22fwy and just 1 block away from Alamitos Ave which takes you straight to all the Shoreline Village hot spots ... Each unit has its own 2 car garage offering plenty of parking. There's also a large side yard offering space for pets or possibly potential for a large driveway (Buyer to verify with city). Both units come equipped with central a/c to keep you cool on those hot summer days. Back unit has a large open kitchen and comes with new built in microwave and stove.

Be sure to see the 3D Tour. There you can get a gauge of the flow of the entire property. Walk through both units as well as areas of the lot.

Last Agent to Sell the Property

Maria Palacios

Berkshire Hathaway H.S.C.P. License #01378393 Listed on: 10/18/2022

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Maria Palacios

Berkshire Hathaway H.S.C.P. License #01378393 Listed on: 10/18/2022

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,594

Year Built

  • Built in 1913

Lot Details

  • 6,255 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Lawn

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • 3,118 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 5 / 6
  • Tax Tract Number 576302
  • Assessor Parcel Number 7274020037

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Alamitos Beach Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Electric Expense $200
  • Fuel Expense $100
  • Insurance Expense $1,300
  • Trash Expense $60
  • Water Sewer Expense $90
  • Operating Expense $2,250
  • Gross Income $74,400
  • Net Operating Income $63,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,594

Year Built

Built in 1913

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 527500
  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Water Sewer Expenses: 90.00
  • Zoning: LBR4R
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7274020037
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 328.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Yard
  • Lot Size Sq Ft: 6255.00
  • Lot Size Acres: 0.1436

Multi Family

  • Electric Expense: 200.00
  • Fuel Expense: 100.00
  • Gross Income: 74400.00
  • Gross Scheduled Income: 74400.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 6255.0000 Square Feet
  • Net Operating Income: 63240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11160.00
  • Rent Control: No
  • Total Expenses: 2250.00

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5763.02
  • Tax Lot: 5
  • Tax Tract Number: 576302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Diaz Monteza Jose Clemente
Bought by
Diaz Properties 12 Llc
Current Estimated Value
$1,278,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 23, 2022
Sold by
Alvarenga Cruz Alicia
Bought by
Monteza Jose Clemente Dia
Seller's Agent
Maria Palacios
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Maria Palacios
Berkshire Hathaway H.S.C.P.
List Price
$1,055,000
Sold Price
$1,025,000
Premium/Discount to List
-$30,000
-2.84%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$717,600
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 21, 2022
Sold by
Orejel Family Living Trust
Bought by
Diz Monteza Jose Clemente
Seller's Agent
Maria Palacios
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Maria Palacios
Berkshire Hathaway H.S.C.P.
List Price
$1,055,000
Sold Price
$1,025,000
Premium/Discount to List
-$30,000
-2.84%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,600
Interest Rate
6.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 6, 2016
Sold by
Ceja Cervantes Roberto Orejel and Ceja De Orejel Maria G
Bought by
The Orejel Family Living Trust

Purchase Details

Closed on
Apr 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Cervantes Roberto Orejel and Orejel Maria Guadalupe

Purchase Details

Closed on
Apr 22, 2008
Sold by
Keth Saoroth
Bought by
Deutsche Bank National Trust Co and Impac Secured Assets Corp Mortgage Pass

Purchase Details

Closed on
Sep 26, 2007
Sold by
Ket Saoroth
Bought by
Pirc

Purchase Details

Closed on
Mar 10, 2006
Sold by
Uk Vandeth
Bought by
Keth Saoroth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$576,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 22, 2005
Sold by
Uk Vandeth
Bought by
Keth Saoroth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2003
Sold by
Uk Vandeth
Bought by
Keth Saoroth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,450
Interest Rate
7.4%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Morales Jose J and Morales Miguel A
Bought by
Keth Saoroth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
8.99%

Purchase Details

Closed on
Apr 5, 2001
Sold by
White Mountains Services Corp
Bought by
Morales Jose J and Morales Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.14%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 23, 2000
Sold by
Chase Mtg Company
Bought by
White Mountains Services Corp and Source One Mtg Services Corp

Purchase Details

Closed on
Jan 31, 2000
Sold by
Kirk Sharon and Kirk Brian
Bought by
Chase Mtg Company

Purchase Details

Closed on
Aug 25, 1998
Sold by
Sorajjakool Sorawoot
Bought by
Kirk Sharon and Kirk Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,783
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 1998
Sold by
Strachan Wallace and Strachan Roberta B
Bought by
Sorajjakool Sorawoot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.13%

Purchase Details

Closed on
Aug 26, 1995
Sold by
Strachan Wallace and Strachan Roberta B
Bought by
Strachan Wallace and Strachan Roberta B
Source: Public Records

Range of Values:

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Average Value
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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
Diaz Properties 12 Llc -- None Listed On Document
Monteza Jose Clemente Dia -- Orange Coast Title
Diz Monteza Jose Clemente $1,025,000 Orange Coast Title
The Orejel Family Living Trust -- None Available
Cervantes Roberto Orejel $122,000 First American Title Ins Co
Deutsche Bank National Trust Co $467,500 None Available
Pirc -- None Available
Keth Saoroth -- Lawyers Title
Keth Saoroth -- --
Keth Saoroth -- Chicago Title Co
Keth Saoroth $285,000 Commonwealth Title
Morales Jose J -- Fidelity National Title Ins
White Mountains Services Corp -- American Title
Chase Mtg Company -- American Title
Kirk Sharon $249,000 Benefit Land Title Company
Sorajjakool Sorawoot $120,000 Chicago Title Co
Strachan Wallace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Diaz Properties 12 Llc $93,500
Previous Owner Diz Monteza Jose Clemente $717,600
Previous Owner Keth Saoroth $576,000
Previous Owner Keth Saoroth $375,000
Previous Owner Keth Saoroth $307,500
Previous Owner Keth Saoroth $269,450
Previous Owner Keth Saoroth $242,250
Previous Owner Morales Jose J $170,000
Previous Owner Kirk Sharon $212,783
Previous Owner Sorajjakool Sorawoot $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $1,025,000 -2.8% $329 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $1,055,000 -- $338 / 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 $13,594 $1,213,800 $805,800 $408,000
2024 $13,594 $1,045,500 $683,400 $362,100
2023 $13,371 $1,025,000 $670,000 $355,000
2022 $4,947 $365,340 $103,138 $262,202
2021 $4,834 $358,177 $101,116 $257,061
2020 $4,820 $354,506 $100,080 $254,426
2019 $4,766 $347,556 $98,118 $249,438
2018 $4,544 $340,743 $96,195 $244,548
2016 $4,163 $327,512 $92,460 $235,052
2015 $4,002 $322,594 $91,072 $231,522
2014 $3,983 $316,276 $89,289 $226,987
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22224614

California Regional Multiple Listing Service (CRMLS)

APN: 7274-020-037