Jack Nendel
RE/MAX Platinum Realty
(562) 612-7506
13 Total Sales
1 in Sunrise
$525,000 Price
822 E 20th St Long Beach, CA 90806
Sunrise Neighborhood
10
Beds
8
Baths
5,058
Sq Ft
6,504
Sq Ft Lot
Highlights
- Private Yard
- Long Beach Polytechnic High School Rated A
- Paved or Partially Paved Lot
About This Home
As of June 2018Eight unit Spanish style complex in the City of Long Beach. Unit mix is comprised of (3) 2 Bed / 1 Bath, (4) 1 Bed / 1 Bath & (1) Studio units. Current ownership has made significant interior & exterior improvements over the past two years including upgraded faux wood flooring, granite counters, new cabinets, stainless steel appliances & modernized bathrooms. Exterior improvements include new paint, new roof, concrete patios have been sealed, new vinyl wood plank fencing throughout the property for added privacy & replaced metal hand-railing/remote access gate. This is a stabilized cash flowing assets with realistic upside in rents by remodeling the remaining 4 units as they turn. Market cap rate well over 6.0%.
Last Agent to Sell the Property
eXp Realty of Greater L.A License #01946829 Listed on: 04/17/2018
Last Buyer's Agent
Jeffrey Billinger
The Hills Premier Realty, Inc. License #01475932
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 6,504 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
- Private Yard
Interior Spaces
- 5,058 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 10 Bedrooms
- 8 Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Urban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 2
- Tax Tract Number 5732
- Assessor Parcel Number 7210011002
Community Details
Overview
- 2 Buildings
- 8 Units
Building Details
- 9 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $30
- Fuel Expense $1,628
- Gardener Expense $938
- Insurance Expense $2,000
- Maintenance Expense $3,852
- Other Expense $1,600
- Trash Expense $2,288
- Water Sewer Expense $3,870
- New Taxes Expense $19,372
- Operating Expense $37,229
- Gross Income $119,220
- Net Operating Income $78,415
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
Closed on
Mar 10, 2021
Sold by
Tamhane Arundhati
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
$1,000,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 2020
Sold by
Tamhane Arundhati
Bought by
Sunhill Trust and Tamhane
Purchase Details
Listed on
Apr 17, 2018
Closed on
Apr 24, 2018
Sold by
Dietrichson Ketif and Dinh Binh
Bought by
Tamhane Arundhati
Seller's Agent
Andrew McAllister
eXp Realty of Greater L.A
Buyer's Agent
Jeffrey Billinger
The Hills Premier Realty, Inc.
List Price
$1,590,000
Sold Price
$1,552,500
Premium/Discount to List
-$37,500
-2.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 10, 2015
Sold by
Dietrichson Selma Mahamdi
Bought by
Dietrichson Ketil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
3.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 9, 2015
Sold by
Jimenez Cornelio C and Jimenez Maria R
Bought by
Dietrichson Ketil and Dinh Binh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
3.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 4, 2014
Sold by
Jimenez Cornelio C and Jimenez Maria R
Bought by
Jimenez Cornelio C and Jimenez Maria R
Purchase Details
Closed on
Dec 27, 2011
Sold by
Garcia Ovidio and Garcia Isabel
Bought by
Jimenez Cornelio C and Jimenez Maria R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,100
Interest Rate
3.96%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 13, 2009
Sold by
Jimenez Cornelio C and Jimenez Maria R
Bought by
Jimenez Cornelio C and Jimenez Maria R
Purchase Details
Closed on
May 30, 2009
Sold by
Jimenez Cornelio C and Jimenez Maria R
Bought by
Jimenez Cornelio C and Jimenez Maria R
Purchase Details
Closed on
Nov 22, 2006
Sold by
Jimenez Cornelio C and Jimenez Maria R
Bought by
Jimenez Cornelio C and Jimenez Maria R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 7, 2002
Sold by
E Street Investment
Bought by
Jimenez Cornelio C and Jimenez Maria R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
5.93%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 11, 2001
Sold by
Savell Investments Llc
Bought by
E Street Investment
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,250
Interest Rate
6.39%
Mortgage Type
Seller Take Back
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Sunrise, CA
-
Jack Nendel
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
117 Total Sales
2 in Sunrise
$600K - $680K Price Range
-
Marjorie Tyson
Marjorie Tyson
Coldwell Banker Envision
(424) 378-4827
18 Total Sales
1 in Sunrise
$600,000 Price
-
Andrew Villagomez
Andrew Villagomez
Real Broker
(442) 327-1202
78 Total Sales
1 in Sunrise
$1,220,000 Price
-
David Sevanian
David Sevanian
Responds QuicklyKeller Williams VIP Properties
(661) 430-5099
69 Total Sales
1 in Sunrise
$462,500 Price
-
Vanessa Velardez
Vanessa Velardez
Coldwell Banker Residential Br
(424) 242-1252
23 Total Sales
1 in Sunrise
$805,000 Price
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 |
|---|---|---|---|
| -- | Chicago Title | ||
| Sunhill Trust | -- | None Listed On Document | |
| Tamhane Arundhati | $1,552,500 | Fidelity National Title Com | |
| Dietrichson Ketil | -- | First American Title | |
| Dinh Binh | -- | First American Title | |
| Dietrichson Ketil | $805,000 | First American Title | |
| Jimenez Cornelio C | -- | None Available | |
| Jimenez Cornelio C | -- | Orange Coast Title Company | |
| Jimenez Cornelio C | -- | None Available | |
| Jimenez Cornelio C | -- | None Available | |
| Garcia Ovidio | -- | None Available | |
| Jimenez Cornelio C | -- | Fidelity National Title Co | |
| Jimenez Cornelio C | $490,000 | Fidelity National Title Co | |
| E Street Investment | -- | Fidelity National Title Co |
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 | $1,125,000 | ||
| Closed | Tamhane Arundhati | $1,000,000 | |
| Previous Owner | Tamhane Arundhati | $970,000 | |
| Previous Owner | Dietrichson Ketil | $1,165,000 | |
| Previous Owner | Dietrichson Ketil | $603,750 | |
| Previous Owner | Dietrichson Ketil | $603,750 | |
| Previous Owner | Jimenez Cornelio C | $389,100 | |
| Previous Owner | Jimenez Cornelio C | $350,000 | |
| Previous Owner | Jimenez Cornelio C | $343,000 | |
| Previous Owner | E Street Investment | $282,250 |
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 |
|---|---|---|---|---|
| 06/08/2018 06/08/18 | Sold | $1,552,500 | -2.4% | $307 / Sq Ft |
| 04/17/2018 04/17/18 | For Sale | $1,590,000 | -- | $314 / 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 |
|---|---|---|---|---|
| 2026 | $24,060 | $1,801,805 | $580,291 | $1,221,514 |
| 2025 | $24,060 | $1,766,476 | $568,913 | $1,197,563 |
| 2024 | $23,013 | $1,731,840 | $557,758 | $1,174,082 |
| 2023 | $22,618 | $1,697,883 | $546,822 | $1,151,061 |
| 2022 | $21,237 | $1,664,592 | $536,100 | $1,128,492 |
| 2021 | $20,799 | $1,631,954 | $525,589 | $1,106,365 |
| 2020 | $20,745 | $1,615,221 | $520,200 | $1,095,021 |
| 2019 | $20,501 | $1,583,550 | $510,000 | $1,073,550 |
| 2018 | $11,469 | $850,293 | $316,879 | $533,414 |
| 2016 | $10,549 | $817,276 | $304,575 | $512,701 |
| 2015 | $7,933 | $608,768 | $251,142 | $357,626 |
| 2014 | -- | $596,844 | $246,223 | $350,621 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew McAllister
AM
Seller's Agent in 2018
Andrew McAllister
eXp Realty of Greater L.A
(562) 423-8134
14 Total Sales
-
JB
Buyer's Agent in 2018
Jeffrey Billinger
The Hills Premier Realty, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS18088104
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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