NOT LISTED FOR SALE

Estimated Value: $816,525 - $961,000

5 Beds
3 Baths
1,728 Sq Ft
$519/Sq Ft Est. Value

Last Sold September 14, 2015

Last sale price $462,000 $267 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,439/month

3 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Laundry Room
  • 2 Car Garage

About This Home

As of September 2015

This home is located at 79 W Arbor St, Long Beach, CA 90805 since 05 July 2015 and is currently estimated at $897,131, approximately $519 per square foot. This property was built in 1948. 79 W Arbor St is a home located in Los Angeles County with nearby schools including Dooley Elementary School, Jordan High School, and Intellectual Virtues Academy.

Last Agent to Sell the Property

Raul Pelayo

United Real Estate Pacific States License #01103421 Listed on: 07/05/2015

United Real Estate Pacific States

Last Buyer's Agent

Ryan Dimang

Berkshire Hathaway HomeServices California Properties License #01793390

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,071

Year Built

  • Built in 1948

Lot Details

  • 6,461 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • 1,728 Sq Ft Home
  • Property Attached
  • Shingle Roof

Kitchen

  • Gas Cooktop
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 89
  • Assessor Parcel Number 7133033023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $855
  • Trash Expense $342
  • Water Sewer Expense $1,320
  • New Taxes Expense $6,198
  • Operating Expense $8,429
  • Net Operating Income $32,226

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,071

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Water Sewer Expenses: 1320.00
  • Property Type: Residential Income
  • Parcel Number: 7133033023
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formica Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Price Per Square Foot: 267.36

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Cooktop, Gas Water Heater, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Washer Hookup
  • Trash Expense: 342.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 6461.00
  • Price Per Lot Square Foot: 71.51
  • Lot Size Acres: 0.1480

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 33768.00
  • Insurance Expense: 855.00
  • Lot Size Area: 6461.0000 Square Feet
  • Net Operating Income: 32226.00
  • 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: 8715.00
  • Rent Control: No
  • Total Expenses: 8429.00

Tax Info

  • New Taxes Expense: 6198.00
  • Tax Lot: 89
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2015
Closed on
Sep 4, 2015
Sold by
Heng Sophy
Bought by
Yuk Sophenroath
Seller's Agent
Raul Pelayo
United Real Estate Pacific States
Buyer's Agent
Ryan Dimang
Berkshire Hathaway HomeServices California Properties
List Price
$479,000
Sold Price
$462,000
Premium/Discount to List
-$17,000
-3.55%
Current Estimated Value
$897,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,131
Avg. Annual Appreciation
6.43%
Original Mortgage
$315,000
Outstanding Balance
$248,091
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$613,206

Purchase Details

Listed on
Jul 5, 2015
Closed on
Aug 4, 2015
Sold by
Brown Otis C
Bought by
Yuk Sophearoath
Seller's Agent
Raul Pelayo
United Real Estate Pacific States
Buyer's Agent
Ryan Dimang
Berkshire Hathaway HomeServices California Properties
List Price
$479,000
Sold Price
$462,000
Premium/Discount to List
-$17,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$248,091
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$613,206

Purchase Details

Closed on
Mar 21, 2006
Sold by
Brown Eva E
Bought by
Brown Otis C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Yuk Sophenroath -- None Available
Yuk Sophearoath $462,000 Chicago Title Inland Empire
Brown Otis C -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuk Sophearoath $315,000
Previous Owner Brown Otis C $225,000
Previous Owner Brown Otis C $232,600
Previous Owner Brown Otis C $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2015 09/14/15 Sold $462,000 -3.5% $267 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
07/05/2015 07/05/15 For Sale $479,000 -- $277 / 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 $7,071 $546,907 $310,151 $236,756
2024 $7,071 $536,184 $304,070 $232,114
2023 $6,951 $525,671 $298,108 $227,563
2022 $6,530 $515,364 $292,263 $223,101
2021 $6,395 $505,260 $286,533 $218,727
2019 $6,303 $490,276 $278,035 $212,241
2018 $6,070 $480,664 $272,584 $208,080
2016 $5,661 $462,000 $262,000 $200,000
2015 $2,717 $213,519 $69,005 $144,514
2014 $2,709 $209,338 $67,654 $141,684
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW15145901

California Regional Multiple Listing Service (CRMLS)

APN: 7133-033-023