NOT LISTED FOR SALE

Estimated Value: $905,000 - $1,043,000

4 Beds
3 Baths
2,080 Sq Ft
$480/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $585,000 $281 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,807/month

74 Days on Market

About This Home

As of June 2017

Beautiful Triplex in the heart of Long Beach!! Amazing location across the street from the beautiful Houghton Park. Perfect for an investor or end-user to live in one while the other two units pay the mortgage. NO RENT CONTROL with great long-term, month-to-month tenants make this property very flexible to either keep the tenants, increase the rents, and/or an end-user can move in. Rents are well under market value. ONE unit to be delivered VACANT. Units mix is 2/1, 1/1, 1/1. The 2-bedroom has an additional bed and bath. Buyer to verify permits for it. The triplex has beautiful spacious units with natural light shining through every room. All of the charm and character has been brought back to life with the modern upgrades you want. Beautiful, original hardwood floors central AC and heat, two-car garage and much more.

Last Agent to Sell the Property

Jeremy Daniels-Stock

Barefoot Realty License #01886149 Listed on: 03/31/2017

Last Buyer's Agent

Jeremy Daniels-Stock

Barefoot Realty License #01886149 Listed on: 03/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,855

Year Built

  • Built in 1939

Lot Details

  • 6,900

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,080 Sq Ft Home
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,900 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 7124-004-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,855

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2080
  • Year Built: 1939
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 298.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 212283
  • Assessed Land Value: 217461
  • Assessor Parcel Number: 7124-004-024
  • Geocode Override: No
  • Lot Size Area: 6900

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 0
  • Total Annual Expense: 12000
  • Type Of Units: 3
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2019
Sold by
Liu Lee Chuan
Bought by
Liu Lee Chuan and The Lee Chuan Liu Revocable Trust
Current Estimated Value
$925,778

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 30, 2017
Sold by
906 Harding Llc
Bought by
Li Lee Chuan
Seller's Agent
Jeremy Daniels-Stock
Barefoot Realty
Buyer's Agent
Jeremy Daniels-Stock
Barefoot Realty
List Price
$639,900
Sold Price
$585,000
Premium/Discount to List
-$54,900
-8.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.81%
Original Mortgage
$438,750
Outstanding Balance
$365,823
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$633,460

Purchase Details

Closed on
Aug 8, 2013
Sold by
Distressed Assets Opportunity Fund Llc
Bought by
906 Harding Llc

Purchase Details

Closed on
Oct 1, 2010
Sold by
Rosendo Roberto and Rosendo Gloria
Bought by
Distressed Assets Opportunity Fund

Purchase Details

Closed on
Mar 20, 2006
Sold by
Rosendo Ana and Rosendo Roberto
Bought by
Rosendo Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Rosendo Ana
Bought by
Rosendo Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1999
Sold by
Maisch Maurice R and Maisch Winnie A
Bought by
Rosendo Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,381
Interest Rate
7.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Liu Lee Chuan -- Fidelity National Title Co
Li Lee Chuan $585,000 Fidelity Sherman Oaks
906 Harding Llc -- None Available
Distressed Assets Opportunity Fund $274,700 Accommodation
Rosendo Roberto -- Investors Title
Rosendo Ana -- Ticor Title Co Glendale
Rosendo Ana $198,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Lee Chuan $438,750
Previous Owner Rosendo Roberto $405,000
Previous Owner Rosendo Roberto $363,000
Previous Owner Rosendo Ana $250,000
Previous Owner Rosendo Ana $194,372
Previous Owner Rosendo Ana $196,381
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $585,000 -5.6% $281 / Sq Ft
05/10/2017 05/10/17 Price Changed $619,900 -3.1% $298 / Sq Ft
03/31/2017 03/31/17 For Sale $639,900 -- $308 / Sq Ft
Source: The MLS

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 $8,855 $678,935 $406,201 $272,734
2024 $8,855 $665,624 $398,237 $267,387
2023 $8,703 $652,574 $390,429 $262,145
2022 $8,176 $639,779 $382,774 $257,005
2021 $8,007 $627,235 $375,269 $251,966
2019 $7,892 $608,634 $364,140 $244,494
2018 $7,616 $596,700 $357,000 $239,700
2016 $5,424 $429,744 $217,461 $212,283
2015 $5,212 $423,290 $214,195 $209,095
2014 $5,188 $415,000 $210,000 $205,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-216910

The MLS

APN: 7124-004-024