NOT LISTED FOR SALE

Estimated Value: $817,175

2 Beds
1 Bath
2,600 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 05, 2017

Last sale price $495,000 $190 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,090/month

105 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • Level Lot

About This Home

As of October 2017

This home is located at 921 E South St, Long Beach, CA 90805 since 28 April 2017 and is currently estimated at $817,175, approximately $314 per square foot. This property was built in 1927. 921 E South St is a home located in Los Angeles County with nearby schools including Bret Harte Elementary School, Lindbergh STEM Academy, and Jordan High School.

Last Agent to Sell the Property

Jonathan Montenegro

X-or Real Estate Services License #00943897 Listed on: 04/28/2017

Last Buyer's Agent

Benny Huynh

Advance Estate Realty License #01756802

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,756

Year Built

  • Built in 1927

Lot Details

  • 4,449 Sq Ft Lot
  • No Common Walls
  • No Landscaping
  • Level Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Unassigned Parking

Home Design

  • 2,600 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 730
  • Tax Tract Number 4009
  • Assessor Parcel Number 7124029027

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $45
  • Water Sewer Expense $120
  • New Taxes Expense $5,171
  • Operating Expense $6,836
  • Gross Income $43,200
  • Net Operating Income $27,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,756

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562-201-2655
  • Property Attached: No
  • Subdivision Name Other: North Long Beach (NLB)
  • Water Sewer Expenses: 120.00
  • Zoning: LBCNR
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 7124029027
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 190.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Trash Expense: 45.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, No Landscaping
  • Lot Size Sq Ft: 4449.00

Multi Family

  • Gross Income: 43200.00
  • Gross Operating Income: 42120.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 27120.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15000.00
  • Rent Control: No
  • Total Expenses: 6836.00
  • Vacancy Allowance: 1080
  • Vacancy Allowance Rate: 2.50

Tax Info

  • New Taxes Expense: 5171.00
  • Tax Census Tract: 5706.01
  • Tax Lot: 730
  • Tax Tract Number: 4009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2020
Sold by
Joya Lorena
Bought by
Joya Lorena and The Joya Revocable Living Trus
Current Estimated Value
$817,175

Purchase Details

Listed on
Apr 28, 2017
Closed on
Sep 19, 2017
Sold by
Flores Juan Lopez
Bought by
Joya Lorena
Seller's Agent
Jonathan Montenegro
X-or Real Estate Services
Buyer's Agent
Benny Huynh
Advance Estate Realty
List Price
$504,500
Sold Price
$495,000
Premium/Discount to List
-$9,500
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$486,034
Outstanding Balance
$406,192
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$393,815

Purchase Details

Closed on
Jul 14, 2006
Sold by
Lopez Juan
Bought by
Flores Juan Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2001
Sold by
Lopez Juan
Bought by
Lopez Juan and Soria Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,295
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1998
Sold by
Cazarez Gustavo
Bought by
Lopez Juan

Purchase Details

Closed on
Dec 10, 1996
Sold by
Matthews Harvey R
Bought by
Cazares Gustavo and Lopez Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,998
Interest Rate
7.59%
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
Joya Lorena -- None Available
Joya Lorena $495,000 Property Id Title Company
Flores Juan Lopez -- Ticor Title Co Fullerton
Lopez Juan -- South Coast Title
Lopez Juan -- --
Cazares Gustavo $136,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joya Revocable Living Trust $205,280
Closed Joya Lorena $20,170
Closed Joya Lorena $36,701
Open Joya Lorena $486,034
Previous Owner Flores Juan Lopez $115,000
Previous Owner Lopez Juan $155,295
Previous Owner Cazares Gustavo $133,998
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2017 10/05/17 Sold $495,000 -1.9% $190 / Sq Ft
10/05/2017 10/05/17 Price Changed $504,500 0.0% $194 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $504,500 -- $194 / 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 $7,756 $563,221 $341,347 $221,874
2024 $7,756 $552,178 $334,654 $217,524
2023 $7,618 $541,352 $328,093 $213,259
2022 $7,165 $530,738 $321,660 $209,078
2021 $7,007 $520,332 $315,353 $204,979
2020 $6,989 $514,998 $312,120 $202,878
2019 $6,907 $504,900 $306,000 $198,900
2018 $7,153 $495,000 $300,000 $195,000
2016 $2,790 $187,093 $68,781 $118,312
2015 $2,691 $184,283 $67,748 $116,535
2014 $2,675 $180,674 $66,421 $114,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17102813

California Regional Multiple Listing Service (CRMLS)

APN: 7124-029-027