NOT LISTED FOR SALE

Estimated Value: $1,014,000 - $1,165,000

3 Beds
2 Baths
1,417 Sq Ft
$773/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $845,000 $596 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,011/month

21 Days on Market

Highlights

  • Cul-De-Sac
  • Laundry Room
  • Back Yard
  • Fremont Elementary School Rated A

About This Home

As of December 2019

Great income producing property in desirable part of Long Beach. The main house is a Craftsman style home and the second home is Spanish style home together on one lot. Main unit has 2 bedroom and 1 bathroom and the second unit has one bedroom and one bathroom. Main unit has nice interior paint and recently modernized kitchen with nice Shaker cabinets, stainless steel appliances and granite counters; unit has dark rich laminate wood floors, wall heater and washer/dryer hookups. The second unit has laminate floors, newer interior paint and A/C. Each unit has a separate backyard. Main unit has plug for electric car. Garage is oversized, with rafters for storage, washer/dryer hookup and new roll up door. Located on a quiet cul sac with ample street parking. Appliances included in main unit are dishwasher, stove and microwave. Total square footage is 1,417 and lot is 4,557. Located near CSULB, VA and Kaiser Hospitals, Belmont Shores, Marina Pacifica and lots of shopping and restaurants. Nice walking trail behind the residence.

Last Agent to Sell the Property

Elizabeth Do

Keller Williams Realty License #01473012 Listed on: 10/30/2019

Keller Williams Realty

Last Buyer's Agent

Mohsen Shahbani

Coldwell Banker Realty License #01068932

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,673

Year Built

  • Built in 1909

Lot Details

  • 4,557 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Back Yard

Parking

  • 1 Car Garage

Home Design

  • 1,417 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5770
  • Assessor Parcel Number 7254021030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,160
  • Fuel Expense $1,140
  • Insurance Expense $1,080
  • Trash Expense $320
  • Water Sewer Expense $1,080
  • New Taxes Expense $8,439
  • Operating Expense $14,219
  • Gross Income $52,200
  • Net Operating Income $37,981

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,673

Year Built

Built in 1909

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Eastside (ES)
  • Water Sewer Expenses: 1080.00
  • Zoning: LBR3S
  • Property Type: Residential Income
  • Parcel Number: 7254021030
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 596.33

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 320.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 4557.00
  • Lot Size Acres: 0.1046

Multi Family

  • Electric Expense: 2160.00
  • Fuel Expense: 1140.00
  • Gross Income: 52200.00
  • Gross Scheduled Income: 52200.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 4557.0000 Square Feet
  • Net Operating Income: 37981.00
  • 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: 14219.00
  • Rent Control: No
  • Total Expenses: 14219.00

Tax Info

  • New Taxes Expense: 8439.00
  • Tax Census Tract: 5770.00
  • Tax Lot: 2
  • Tax Tract Number: 5770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2019
Closed on
Nov 18, 2019
Sold by
Baghdasarian Patrick
Bought by
Mohapatra Deba Prasad and Mohapatra Kasturee
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$850,000
Sold Price
$845,000
Premium/Discount to List
-$5,000
-0.59%
Current Estimated Value
$1,102,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,885
Avg. Annual Appreciation
4.68%

Purchase Details

Listed on
Oct 6, 2016
Closed on
Dec 12, 2016
Sold by
Kimble Elijah
Bought by
Baghdasarian Patrick
Seller's Agent
Danny Kimble
Homequest Real Estate
Buyer's Agent
Daniel Casado
Casado Real Estate Inc.
List Price
$659,000
Sold Price
$632,500
Premium/Discount to List
-$26,500
-4.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$621,043
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 13, 2012
Closed on
Mar 13, 2013
Sold by
Shaheen Kathleen S and Kathleen S Shaheen Trust
Bought by
Kimble Elijah
Seller's Agent
Robert Hovard
Broadmoor Realty, Inc.
Buyer's Agent
Danny Kimble
Homequest Real Estate
List Price
$629,000
Sold Price
$562,500
Premium/Discount to List
-$66,500
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$487,500
Interest Rate
3.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 2011
Sold by
The Robert Hovard Llc
Bought by
Shaheen Kathleen S and Kathleen S Shaheen Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 11, 2009
Sold by
Fdic
Bought by
Robert R Hovard Llc

Purchase Details

Closed on
Apr 3, 2009
Sold by
Fleischman Robert
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
May 23, 2006
Sold by
Johnson Michelle
Bought by
Fleischman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
1.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2006
Sold by
Fleischman Robert
Bought by
Johnson Michelle

Purchase Details

Closed on
Feb 13, 2006
Sold by
Ferguson Donald F and Ferguson Noreen R
Bought by
Ferguson Donald F and Ferguson Noreen R

Purchase Details

Closed on
Apr 11, 2005
Sold by
Stone Stephen
Bought by
Fleischman Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,150
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 2, 2001
Sold by
Stone Sharone
Bought by
Stone Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2001
Sold by
Bonyea Sharon and The Sharon Bonyea 1990 Trust
Bought by
Stone Sharon and Stone Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mohapatra Deba Prasad $845,000 Lawyers Title Company
Baghdasarian Patrick $632,500 First American Title Company
Kimble Elijah $562,500 First American Title Company
Shaheen Kathleen S $500,000 Chicago Title Company
Robert R Hovard Llc $345,000 Chicago Title Company
Indymac Federal Bank Fsb $419,106 None Available
Fleischman Robert -- Lawyers Title Company
Johnson Michelle -- None Available
Ferguson Donald F -- None Available
Fleischman Robert $599,000 Orange Coast Title
Fleischman Robert -- Orange Coast Title
Stone Stephen -- Landsafe Title
Stone Sharon -- Orange Coast Title
Stone Sharon -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baghdasarian Patrick $613,000
Previous Owner Baghdasarian Patrick $621,043
Previous Owner Kimble Elijah $487,500
Previous Owner Shaheen Kathleen S $50,000
Previous Owner Robert R Hovard Llc $195,000
Previous Owner Fleischman Robert $76,500
Previous Owner Fleischman Robert $612,000
Previous Owner Fleischman Robert $509,150
Previous Owner Stone Stephen $105,000
Previous Owner Stone Stephen $151,500
Previous Owner Stone Stephen $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $845,000 -0.6% $596 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/19/2019 11/19/19 For Sale $850,000 0.0% $600 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/30/2019 10/30/19 For Sale $850,000 +34.4% $600 / Sq Ft
01/20/2017 01/20/17 Sold $632,500 -2.5% $446 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
11/04/2016 11/04/16 Price Changed $649,000 -1.5% $458 / Sq Ft
10/06/2016 10/06/16 For Sale $659,000 +17.2% $465 / Sq Ft
03/27/2013 03/27/13 Sold $562,500 -10.6% $397 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
11/13/2012 11/13/12 For Sale $629,000 -- $444 / 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 $11,673 $924,126 $601,503 $322,623
2024 $11,673 $906,007 $589,709 $316,298
2023 $11,478 $888,244 $578,147 $310,097
2022 $10,769 $870,828 $566,811 $304,017
2021 $10,561 $853,754 $555,698 $298,056
2020 $10,534 $845,000 $550,000 $295,000
2019 $8,349 $658,053 $457,776 $200,277
2018 $8,114 $645,150 $448,800 $196,350
2016 $7,062 $585,130 $405,690 $179,440
2015 $6,777 $576,342 $399,597 $176,745
2014 $6,731 $565,053 $391,770 $173,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19254328

California Regional Multiple Listing Service (CRMLS)

APN: 7254-021-030