Seller's Agent in 2017
Silvana Raiola
Landmark Realtors
(949) 874-0456
18 Total Sales
837 Temple Ave Long Beach, CA 90804
Rose Park NeighborhoodEstimated Value: $1,553,000 - $2,062,000
8
Beds
8
Baths
4,297
Sq Ft
$416/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Front Yard
- Woodrow Wilson High School Rated A
- Landscaped
- 3-minute walk to Rose Park
About This Home
As of July 2017Excellent 4 Unit building with 2 Bedrooms, 1.5 baths each and 4 single car garage. Extra parking spot for each unit in front of tenants' personal garages. Three units have long term 5, 7, and 10 year tenants. Only 1 unit is on lease. Upward income potential for all units. Landlord
has been very gracious to his long term tenants. A little upgrading as each tenant moves out will go a long way in increasing the rents. Seldom change of tenants and never vacant except for clean up. Exterior of Building was recently repainted. This is an investment opportunity for someone who appreciates Rose Park area and appreciates the increase in income value of this property. Please do not disturb tenants.
Please write your offers "Subject to Inspection and Approval of all units and garages within 3 days of acceptance. Offers will be processed quickly quickly. Agents may present their own offers. Owners live locally.
Last Agent to Sell the Property
Landmark Realtors License #00411102 Listed on: 06/07/2017
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 7,225 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Front Yard
Parking
- 4 Car Garage
- 4 Carport Spaces
Home Design
- 4,297 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 30
- Assessor Parcel Number 7262016018
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $732
- Insurance Expense $2,246
- Water Sewer Expense $2,248
- New Taxes Expense $13,749
- Operating Expense $18,975
- Gross Income $8
- Net Operating Income $54,959
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 11, 2023
Sold by
Babayan R Fredric
Bought by
Rfb Trust and Babayan
Current Estimated Value
Purchase Details
Closed on
Jun 22, 2022
Sold by
Coco Palms Trust
Bought by
Babayan R Fredric
Purchase Details
Listed on
Jun 7, 2017
Closed on
Jun 21, 2017
Sold by
Winters Henri V
Bought by
Raczkowski Veronica M and Fredric Babayan R
Seller's Agent
Silvana Raiola
Landmark Realtors
Buyer's Agent
Freddy Babayan
R. Fredric Babayan, Broker
List Price
$1,249,900
Sold Price
$1,175,000
Premium/Discount to List
-$74,900
-5.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$740,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2016
Sold by
Winters Henri Victor
Bought by
Winters Henri and Michovich Gary J
Purchase Details
Closed on
Jun 11, 2013
Sold by
Winters Henri V
Bought by
Winters Henri Victor and 2003 Winters Revocable Trust
Purchase Details
Closed on
Dec 3, 2003
Sold by
Buehn David L and Buehn Joyce J
Bought by
Winters Henri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,125
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 6, 2001
Sold by
Nhim Steve C and Chay Mony
Bought by
Buehn David L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
6.39%
Purchase Details
Closed on
Aug 12, 1996
Sold by
Home Svgs Of America Fsb
Bought by
Nhim Steve C and Chay Mony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.87%
Purchase Details
Closed on
Jun 4, 1996
Sold by
Benson Sharon L and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rfb Trust | -- | None Listed On Document | |
| Babayan R Fredric | -- | Accommodation/Courtesy Recordi | |
| Raczkowski Veronica M | $1,175,000 | First American Title Company | |
| Winters Henri | -- | None Available | |
| Winters Henri Victor | -- | None Available | |
| Winters Henri | $675,000 | -- | |
| Buehn David L | $382,000 | Fidelity Title | |
| Nhim Steve C | $185,000 | Investors Title Company | |
| Home Svgs Of America Fsb | $241,200 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Raczkowski Veronica M | $740,000 | |
| Previous Owner | Winters Henri | $502,125 | |
| Previous Owner | Buehn David L | $303,000 | |
| Previous Owner | Nhim Steve C | $148,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/21/2017 07/21/17 | Sold | $1,175,000 | -6.0% | $273 / Sq Ft |
| 06/19/2017 06/19/17 | Pending | -- | -- | -- |
| 06/07/2017 06/07/17 | For Sale | $1,249,900 | -- | $291 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $18,016 | $1,336,945 | $682,696 | $654,249 |
| 2024 | $17,231 | $1,310,731 | $669,310 | $641,421 |
| 2023 | $16,943 | $1,285,032 | $656,187 | $628,845 |
| 2022 | $15,908 | $1,259,836 | $643,321 | $616,515 |
| 2021 | $15,585 | $1,235,134 | $630,707 | $604,427 |
| 2020 | $15,543 | $1,222,470 | $624,240 | $598,230 |
| 2019 | $15,362 | $1,198,500 | $612,000 | $586,500 |
| 2018 | $14,928 | $1,175,000 | $600,000 | $575,000 |
| 2016 | $10,038 | $810,697 | $332,684 | $478,013 |
| 2015 | $9,640 | $798,520 | $327,687 | $470,833 |
| 2014 | $9,584 | $782,880 | $321,269 | $461,611 |
Source: Public Records
Agents Affiliated with this Home
-
Silvana Raiola
-
Freddy Babayan
Buyer's Agent in 2017
Freddy Babayan
R. Fredric Babayan, Broker
(949) 270-0440
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC17127034
APN: 7262-016-018
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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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