NOT LISTED FOR SALE

740 E Sunrise Blvd Long Beach, CA 90806

Estimated Value: $824,000 - $884,847

1 Bed
1 Bath
1,916 Sq Ft
$448/Sq Ft Est. Value

Last Sold April 09, 2014

Last sale price $430,000 $224 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,070/month

89 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Living Room
  • Long Beach Polytechnic High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of April 2014

BACK ON THE MARKET *** GREAT INVESTMENT OPPORTURITY *** Two Units * Four Single Car Garages * Each One Bedroom - One Bath - With Laundry Room off the Kitchen * Rents are $800 a Month * Garages have been Rented for $125 per Month * Please Do Not Disturb the Tenants * 742 Sunrise is Vacant and Can Be Viewed by Using Supra Lockbox on Front Door * Close to Memorial Hospital, Transportation, Shopping and Schools * Located in the Sunrise Historical District * Directions This Property is Just South of Willow and East of Atlantic *** NOT...NOT....NOT....A SHORT SALE OR A REO….THIS IS A REGULAR SALE

Last Agent to Sell the Property

Charlie Dunn

Charlie Dunn, Broker License #00952327 Listed on: 02/18/2014

Last Buyer's Agent

Grace Olson

GE Dean and Associates License #01788043

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1923

Lot Details

  • 6,698 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Property Attached
  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Assessor Parcel Number 7211006012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $400
  • Water Sewer Expense $1,800
  • New Taxes Expense $5,300
  • Operating Expense $8,700
  • Gross Income $2,900
  • Net Operating Income $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,345

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 7211006012
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 224.43
  • Room Type: Living Room

Exterior Features

  • Foundation: Raised
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Flat
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 6698.00
  • Lot Size Acres: 0.1540

Rental Info

  • Garage Rental Rate: 125.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Garage Income: 500.00
  • Gross Income: 2900.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6698.0000 Square Feet
  • Net Operating Income: 26100.00
  • Number Of Rented Garages: 4
  • 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: 8700.00
  • Rent Control: No
  • Total Expenses: 8700.00

Tax Info

  • New Taxes Expense: 5300.00
  • Tax Lot: 4
  • Tax Tract Number: 00000
  • Tax Annual Amount: 2345.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Barkin Deborah A
Bought by
Barkin Deborah A
Current Estimated Value
$857,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$366,861
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$490,851

Purchase Details

Listed on
Feb 18, 2014
Closed on
Mar 18, 2014
Sold by
Worthington Alan P
Bought by
Barkin Deborah A
Seller's Agent
Charlie Dunn
Charlie Dunn, Broker
Buyer's Agent
Grace Olson
GE Dean and Associates
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$422,211
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2000
Sold by
Worthington Alan P
Bought by
Worthington Alan P and Alan Worthington Revocable Living Trust
Source: Public Records

Range of Values:

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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
Barkin Deborah A -- Ticor Title Company Of Ca
Barkin Deborah A -- Ticor Title
Barkin Deborah A $430,000 Ticor Title
Worthington Alan P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barkin Deborah A $414,000
Closed Barkin Deborah A $422,211
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2014 04/09/14 Sold $430,000 +1.2% $224 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $425,000 -- $222 / 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 $6,969 $527,107 $245,166 $281,941
2024 $6,969 $516,772 $240,359 $276,413
2023 $6,853 $506,641 $235,647 $270,994
2022 $6,442 $496,708 $231,027 $265,681
2021 $6,311 $486,970 $226,498 $260,472
2019 $6,222 $472,529 $219,781 $252,748
2018 $5,957 $463,265 $215,472 $247,793
2016 $5,477 $445,278 $207,106 $238,172
2015 $5,259 $438,591 $203,996 $234,595
2014 $2,381 $179,605 $53,699 $125,906
Source: Public Records

Agents Affiliated with this Home

  • Charlie Dunn

    Seller's Agent in 2014

    Charlie Dunn

    Charlie Dunn, Broker

    (562) 430-4007

    1 Total Sale

    Charlie Dunn
    Section Image

  • G

    Buyer's Agent in 2014

    Grace Olson

    GE Dean and Associates

    (562) 980-2946

    29 Total Sales

    Grace Olson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14000246

California Regional Multiple Listing Service (CRMLS)

APN: 7211-006-012

California Los Angeles County Long Beach 90806

740 E Sunrise Blvd, Long Beach, CA

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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

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