NOT LISTED FOR SALE

Estimated Value: $1,157,000 - $1,426,155

3 Beds
3 Baths
1,978 Sq Ft
$656/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $1,200,000 $607 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,182/month

4 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Spanish Architecture
  • Woodrow Wilson High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of May 2021

Unique investment opportunity in Long Beach! This one of a kind property features three opportunities for investment in one! The main house is a charming 3 bedroom, 1 bath Spanish Bungalow featuring built-ins, hardwood floors, crown molding, high rounded ceilings, and abundant natural light. In the kitchen, enjoy cherry wood cabinetry, subway tile backsplash, quartz countertops and stainless steel appliances including gas range - any chef's dream! The back house boasts two mirrored studio units each featuring water resistant vinyl plank flooring throughout, high ceilings, and updated kitchen with subway tile backsplash, quartz countertops, and gas ovens. current rental comps All units are vacant! Current market rentals for back units are $1700-2250. Live in the front and rent out the back studios. Fantastic opportunity. This one won't last!!

Last Agent to Sell the Property

Kimberly Olivo

Elevate Real Estate Agency License #01449552 Listed on: 04/18/2021

Elevate Real Estate Agency

Last Buyer's Agent

Juan Huizar

Sage Real Estate Group, Inc. License #01417642

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 5,850 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Wire Fence
  • Fence is in fair condition
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Triplex
  • Spanish Architecture
  • Bungalow
  • Entry on the 1st floor
  • Flat Roof Shape
  • Combination Foundation
  • Asphalt Roof
  • Plaster
  • Stucco

Interior Spaces

  • 1,978 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Shutters
  • Blinds
  • Stained Glass
  • Living Room with Fireplace
  • Home Office
  • Storage
  • Laundry Room
  • Utility Room
  • Center Hall
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 7262022011

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Signal View Subdivision

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1941 | Remodeled

Lot Details

5,850 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Signal View (SGV)
  • View: Yes
  • Zoning: LBR1N
  • Architectural Style: Bungalow, Spanish
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 7262022011
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1978.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Granite Counters, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 606.67
  • Room Type: All Bedrooms Down, Center Hall, Kitchen, Laundry, Living Room, Office, Utility Room
  • Window Features: Blinds, Shutters, Stained Glass
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Foundation: Combination
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Fair Condition, Wire
  • Pool Private: No
  • Roof: Asphalt, Flat
  • Spa: No
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Floor Furnace, Wall Furnace, Electric, Natural Gas
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Golf, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 5850.00
  • Lot Size Acres: 0.1343

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5850.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 5769.01
  • Tax Lot: 34
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Schuchmann Jacob and Shah Gopi
Bought by
Shamann Trust and Schuchmann
Current Estimated Value
$1,298,539

Purchase Details

Closed on
Apr 9, 2024
Sold by
Schuchmann Jacob and Shah Gopi
Bought by
Shamann Trust and Schuchmann

Purchase Details

Closed on
Oct 2, 2002
Sold by
Powell Allan and Walsh Judy
Bought by
Powell Allan C and Walsh Judith N
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shamann Trust -- None Listed On Document
Shamann Trust -- None Listed On Document
Powell Allan C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2021 05/24/21 Sold $1,200,000 +20.0% $607 / Sq Ft
04/26/2021 04/26/21 For Sale $1,000,000 -16.7% $506 / Sq Ft
04/25/2021 04/25/21 Off Market $1,200,000 -- --
04/22/2021 04/22/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $1,000,000 +29.0% $506 / Sq Ft
01/16/2021 01/16/21 Sold $775,000 -3.1% $392 / Sq Ft View Prior Sale
12/17/2020 12/17/20 For Sale $800,000 -- $404 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,114 $1,298,916 $649,458 $649,458
2024 $16,352 $1,273,448 $636,724 $636,724
2023 $16,076 $1,248,480 $624,240 $624,240
2022 $15,082 $1,224,000 $612,000 $612,000
2021 $9,965 $795,000 $550,000 $245,000
2020 $3,257 $230,677 $100,276 $130,401
2019 $3,218 $226,163 $98,310 $127,853
2018 $3,077 $221,738 $96,383 $125,355
2016 $2,827 $212,737 $92,642 $120,095
2015 $2,722 $209,543 $91,251 $118,292
2014 $2,718 $205,439 $89,464 $115,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21079576

California Regional Multiple Listing Service (CRMLS)

APN: 7262-022-011

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