NOT LISTED FOR SALE

Estimated Value: $652,000 - $854,000

4 Beds
2 Baths
1,608 Sq Ft
$475/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2016

Last sale price $450,000 $280 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,706 / mo

145 Days on Market

Highlights

  • Corner Lot
  • Wrought Iron Fence
  • Heating System Uses Natural Gas
  • Long Beach Polytechnic High School Rated A

About This Home

As of February 2016

This is one of the larger duplex in the neighborhood that features 2 separated 2 car garages. Each garage has separate laundry hook ups and a drive way that can accommodate 2 more cars. The upstairs unit has a south facing balcony that enjoys the ocean breeze. Each unit has laminate floors with 2 bedrooms, a bath, separate living room and kitchen. The downstairs apartment is noted for its beautiful tall ceilings and a large walk in shower. This property is very close to downtown shopping and restaurants and is two blocks away from St. Mary's Hospital campus. For the investor or owner occupied you will both find this to be a property well maintained and ready to rent on an upside basis.

Last Agent to Sell the Property

Pete Tryce

Keller Williams Realty License #01329992 Listed on: 07/22/2015

Co-Listed By

Chuck Brewer

HomeSmart Realty Group License #01939550

Last Buyer's Agent

Cynthia Morfin

eXp Realty of California Inc License #01386528

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 2,511 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Corner Lot
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Interior Spaces

  • 1,608 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 5763
  • Assessor Parcel Number 7274011029

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,495
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

2,511 Sq Ft Lot

Parking

4

Listing Details

  • Inclusions: TWO SEPARATED 2-CAR GARAGES, AND SEPARATE METERED GAS AND ELECTRIC
  • Property Attached: No
  • Subdivision Name Other: Alamitos Beach (AB)
  • Property Type: Residential Income
  • Parcel Number: 7274011029
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Price Per Square Foot: 279.85

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 2511.00
  • Price Per Lot Square Foot: 179.21
  • Lot Size Acres: 0.0580

Multi Family

  • Gross Income: 2495.00
  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 2511.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 26
  • Tax Tract Number: 5763

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
Jul 22, 2015
Closed on
Dec 18, 2015
Sold by
Bought by
Seller's Agent
Pete Tryce
Keller Williams Realty
Buyer's Agent
Cynthia Morfin
eXp Realty of California Inc
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$764,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,144
Avg. Annual Appreciation
5.21%
Original Mortgage
$434,250
Outstanding Balance
$344,217
Interest Rate
3.94%
Mortgage Type
FHA
Estimated Equity
$419,927

Purchase Details

Closed on
Mar 4, 2013
Sold by
Bought by

Purchase Details

Closed on
May 9, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 2008
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
$232,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2008
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
$232,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2006
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
$490,500
Interest Rate
8.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2004
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
$175,000
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 12, 2000
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
$94,500
Interest Rate
7.82%

Purchase Details

Closed on
Aug 29, 2000
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
$94,500
Interest Rate
7.82%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 27, 1994
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
$110,700
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$450,000 First American Title Company
-- None Available
-- None Available
-- First American Title Ins Co
$290,000 First American Title Ins Co
$414,800 Financial Title Company
$545,000 Alliance Title
-- --
-- New Century Title Company
-- --
$135,000 Lawyers Title
-- Lawyers Title Company
$123,637 Landsafe Title
$118,304 Landsafe Title
-- --
$123,181 Old Republic Title Company
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 $434,250
Previous Owner $232,000
Previous Owner $490,500
Previous Owner $175,000
Previous Owner $94,500
Previous Owner $110,700
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
02/01/2016 02/01/16 Sold $450,000 0.0% $280 / Sq Ft
12/14/2015 12/14/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $450,000 -- $280 / 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 $7,231 $532,701 $372,892 $159,809
2024 $6,915 $522,257 $365,581 $156,676
2023 $6,798 $512,017 $358,413 $153,604
2022 $6,383 $501,979 $351,386 $150,593
2021 $6,253 $492,138 $344,497 $147,641
2019 $6,955 $477,543 $334,280 $143,263
2018 $5,978 $468,180 $327,726 $140,454
2016 $3,943 $315,462 $217,561 $97,901
2015 $3,787 $310,725 $214,294 $96,431
2014 $3,767 $462,087 $321,452 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB15160457

California Regional Multiple Listing Service (CRMLS)

APN: 7274-011-029

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