NOT LISTED FOR SALE
4 Beds
3 Baths
8,125 Sq Ft
7,493 Sq Ft Lot

Sale Details

Date Sold: December 11, 2015

Last sale price $1,550,000 $191 Per Sq Ft

9 Days on Market

About This Home

As of December 2015

Apartment building in Down Town Long Beach. 100% occupied. 9: 1 Bedroom, 1 Baths. 2 Singles. 1: 2 Bedroom, 2 Bathroom. Some units have been remodeled.

Last Agent to Sell the Property

Ryan Lusk

First Team Real Estate License #01882596 Listed on: 10/24/2015

First Team Real Estate

Last Buyer's Agent

Erin Kelly

Estate Properties License #01429937

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 7,493 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 6 Car Garage

Home Design

  • 8,125 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Community Details

  • 12 Units
  • Gross Income $10,886

Listing and Financial Details

  • Legal Lot and Block 1 / 35
  • Tax Tract Number 1
  • Assessor Parcel Number 7272019007

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

7,493 Sq Ft Lot

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Property Type: Residential Income
  • Parcel Number: 7272019007
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 190.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7493.00
  • Price Per Lot Square Foot: 206.86
  • Lot Size Acres: 0.1720

Multi Family

  • Gross Income: 10886.00
  • Gross Scheduled Income: 130632.00
  • Lot Size Area: 7493.0000 Square Feet
  • Number Of Units Total: 12
  • Rent Control: No

Tax Info

  • Tax Block: 35
  • Tax Lot: 1
  • Tax Tract Number: 1

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

Listed on
Oct 24, 2015
Closed on
Nov 2, 2015
Sold by
Bought by
Seller's Agent
Ryan Lusk
First Team Real Estate
Buyer's Agent
Erin Kelly
Estate Properties
List Price
$1,450,000
Sold Price
$1,550,000
Premium/Discount to List
$100,000
6.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Dec 18, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.6%
Mortgage Type
Seller Take Back
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
$1,535,000 Ticor Title Co
-- None Available
$970,000 Ticor Title Company
$920,000 Lawyers Title
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
Open $400,000
Open $1,200,000
Closed $1,000,000
Previous Owner $588,272
Previous Owner $200,000
Previous Owner $727,500
Previous Owner $650,000
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
12/11/2015 12/11/15 Sold $1,550,000 +6.9% $191 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
10/24/2015 10/24/15 For Sale $1,450,000 -- $178 / 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 $25,525 $1,817,122 $1,272,579 $544,543
2024 $24,386 $1,781,493 $1,247,627 $533,866
2023 $23,960 $1,746,563 $1,223,164 $523,399
2022 $22,514 $1,712,318 $1,199,181 $513,137
2021 $22,021 $1,678,744 $1,175,668 $503,076
2019 $21,706 $1,631,353 $1,140,798 $490,555
2018 $21,118 $1,599,414 $1,118,430 $480,984
2016 $19,421 $1,535,000 $1,075,000 $460,000
2015 $12,831 $993,871 $696,735 $297,136
2014 $12,797 $974,403 $683,087 $291,316
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15232599

California Regional Multiple Listing Service (CRMLS)
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