NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,109,573

6 Beds
6 Baths
2,750 Sq Ft
$376/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $600,000 $218 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,184/month

11 Days on Market

Highlights

  • Dual Staircase
  • Laundry Room
  • Partially Fenced Property
  • Long Beach Polytechnic High School Rated A
  • Family Room
  • Level Lot

About This Home

As of September 2016

Nice curb appeal facing to football field, long wide driveway to detached 4 car garage. Front house has 2 bedrooms 2 baths and duplex of 2 bedrooms 2 baths each on the back with townhouse style, all bedrooms are up stair. All units were completely remodeled in 2014 include plumbing and electrical.
Property is located in potential rental area, convenient to schools, recreation park, transportations and shopping.

Last Agent to Sell the Property

Jim Suos

First American Team Realty Inc License #01240200 Listed on: 07/01/2016

Last Buyer's Agent

Jim Suos

First American Team Realty Inc License #01240200 Listed on: 07/01/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 50x136
  • 1 Common Wall
  • Partially Fenced Property
  • Level Lot
  • Flag Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • Dual Staircase
  • Family Room
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 23 / 2
  • Tax Tract Number 5753
  • Assessor Parcel Number 7268008011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Water Sewer Expense $2,400
  • New Taxes Expense $6,329
  • Gross Income $4,200
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1921 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Poly High (PH)
  • Water Sewer Expenses: 2400.00
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 7268008011
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 218.18
  • Room Type: All Bedrooms Up, Family Room

Exterior Features

  • Foundation: Slab, Raised
  • Fencing: Partial
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls, Shingle Siding, Unknown, Wood Siding

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Flag Lot, Lot 6500-9999, Level with Street
  • Lot Size: 50x136
  • Lot Size Sq Ft: 6800.00
  • Price Per Lot Square Foot: 107.21

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1000.00
  • Net Operating Income: 46800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3600.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6329.00
  • Tax Block: 2
  • Tax Lot: 23
  • Tax Tract Number: 5753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
Chhen Jon Sen and Chhen Ly Chhing
Bought by
Chhen Jon Sen and Chhen Ly Chhing
Current Estimated Value
$1,033,393

Purchase Details

Listed on
Jul 1, 2016
Closed on
Aug 17, 2016
Sold by
Garcia Sovoutha
Bought by
Chhen Ly Chhing and Chhen Jon Sen
Seller's Agent
Jim Suos
First American Team Realty Inc
Buyer's Agent
Jim Suos
First American Team Realty Inc
List Price
$729,000
Sold Price
$600,000
Premium/Discount to List
-$129,000
-17.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$420,000
Outstanding Balance
$334,569
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$698,824

Purchase Details

Closed on
Feb 27, 2014
Sold by
Mee Joshua Ray
Bought by
Garcia Sovoutha

Purchase Details

Closed on
Feb 3, 2014
Sold by
Mee Joshua Ray
Bought by
Garcia Soroutha

Purchase Details

Closed on
Jan 20, 2014
Sold by
Leang David
Bought by
Mee Joshua Ray

Purchase Details

Closed on
Jun 12, 2007
Sold by
Leang Bandit
Bought by
Leang Bandit and Bandit Leang Living Trust

Purchase Details

Closed on
Mar 24, 2006
Sold by
Leang Bandit
Bought by
Leang Bandit and Leang David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2006
Sold by
Mee Bouthong
Bought by
Leang Bandit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 1998
Sold by
Rogers Dale J and Rogers Dale Joseph
Bought by
Mee Bouthong and Leang Bandit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,299
Interest Rate
7.06%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Chhen Jon Sen -- None Available
Chhen Ly Chhing $600,000 Ticor Title Company
Garcia Sovoutha -- Stewart Title
Mee Joshua Ray -- Stewart Title
Garcia Soroutha -- None Available
Mee Joshua Ray -- None Available
Leang Bandit -- None Available
Leang Bandit -- None Available
Leang Bandit -- None Available
Leang Bandit -- None Available
Leang Bandit -- None Available
Mee Bouthong $165,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chhen Ly Chhing $420,000
Previous Owner Leang Bandit $400,000
Previous Owner Mee Bouthong $161,299
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $600,000 -17.7% $218 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $729,000 -- $265 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,222 $696,346 $290,145 $406,201
2024 $9,222 $682,693 $284,456 $398,237
2023 $9,067 $669,308 $278,879 $390,429
2022 $8,522 $656,185 $273,411 $382,774
2021 $8,345 $643,319 $268,050 $375,269
2020 $8,323 $636,724 $265,302 $371,422
2019 $8,227 $624,240 $260,100 $364,140
2018 $7,923 $612,000 $255,000 $357,000
2016 $6,590 $528,120 $207,106 $321,014
2015 $6,330 $520,189 $203,996 $316,193
2014 $2,896 $211,001 $108,698 $102,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16143591

California Regional Multiple Listing Service (CRMLS)

APN: 7268-008-011