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Seller's Agent in 2018
Manny Alvarez
Coldwell Banker Platinum Prop
(949) 552-0505
4 Total Sales
Estimated Value: $772,000 - $1,893,000
This Long Beach Spanish stucco triplex offers investors or owner-occupiers an exceptional value-added opportunity! With a newer roof, section 1 termite clearance, and a massive front yard, future owners are well on their way. With some polish and imagination, this property can yield an impressive cap rate and can become an asset to hold in one’s portfolio or re-sell for a handsome profit. The portion of the lot that is currently under-utilized can be re-configured so that the property has the neighborhood’s most sought-after amenity: off-street parking! The two upstairs 1/1 units have bright bathroom skylights, balconies, cozy kitchens with granite countertops, dinning areas, ceiling fans, windows throughout, and period-correct arched windows in the living room. These can easily accommodate a 40%-50% rent increase from current gross income. The first floor 1/1 unit can also accommodate a reasonable 25% to 35% increase after a modest amount of value-add improvements. All units have a dedicated 1 car garage with an additional 2 off-street spots on the parking pad behind the building. This property is listed below the sale price of DUPLEXES recently sold on the same trees-lined street/block… Don’t miss this opportunity! ...all of this in a great location about 8 blocks from the beach!
Last Agent to Sell the Property
Coldwell Banker Platinum Prop License #01928900 Listed on: 06/10/2018
Last Buyer's Agent
Coldwell Banker Platinum Prop License #01928900 Listed on: 06/10/2018
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gallyon Nicholas | -- | American Coast Title | |
| Gallyon Nicholas | -- | American Coast Title | |
| Gallyon Nicholas | -- | Corinthian Title Company | |
| Gallyon Charles | $685,000 | Corinthian Title Company | |
| Tran Luong Trust | -- | None Available | |
| Tran Luong T | $295,500 | Lsi Title Agency | |
| Ocwen Reo Trust | $325,500 | Accommodation | |
| Lee Sang H | -- | None Available | |
| 826 Rose Trust | -- | None Available | |
| Sakai Yukio | $850,000 | Oct La | |
| Perennial Investments | -- | Fidelity National Title Co | |
| Blumsack William B | $650,000 | Fidelity National Title Co | |
| Corona Gwendolyn | $425,000 | Fidelity National Title | |
| Stupak Paul Thomas | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gallyon Nicholas | $595,000 | |
| Closed | Gallyon Charles | $479,500 | |
| Previous Owner | Tran Luong T | $150,000 | |
| Previous Owner | Sakai Yukio | $170,000 | |
| Previous Owner | Sakai Yukio | $680,000 | |
| Previous Owner | Blumsack William B | $455,000 | |
| Previous Owner | Corona Gwendolyn | $406,300 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2018 10/31/18 | Sold | $685,000 | 0.0% | $336 / Sq Ft | |
| 10/31/2018 10/31/18 | Sold | $685,000 | -5.5% | $336 / Sq Ft | View Prior Sale |
| 09/15/2018 09/15/18 | Pending | -- | -- | -- | |
| 09/15/2018 09/15/18 | Pending | -- | -- | -- | |
| 06/10/2018 06/10/18 | For Sale | $725,000 | +1.4% | $355 / Sq Ft | |
| 05/14/2018 05/14/18 | For Sale | $715,000 | -- | $350 / Sq Ft |
| 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 | $9,965 | $764,126 | $535,447 | $228,679 |
| 2024 | $9,965 | $749,145 | $524,949 | $224,196 |
| 2023 | $10,591 | $798,341 | $546,111 | $252,230 |
| 2022 | $9,946 | $782,688 | $535,403 | $247,285 |
| 2021 | $9,016 | $705,938 | $494,672 | $211,266 |
| 2019 | $8,888 | $685,000 | $480,000 | $205,000 |
| 2018 | $4,535 | $335,225 | $238,234 | $96,991 |
| 2016 | $4,172 | $322,210 | $228,984 | $93,226 |
| 2015 | $4,011 | $317,371 | $225,545 | $91,826 |
| 2014 | $3,998 | $311,155 | $221,127 | $90,028 |
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Seller's Agent in 2018
Manny Alvarez
Coldwell Banker Platinum Prop
(949) 552-0505
4 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18137976
APN: 7267-016-017