NOT LISTED FOR SALE

925 Temple Ave Long Beach, CA 90804

Rose Park Neighborhood

Estimated Value: $874,108 - $1,176,000

3 Beds
4 Baths
2,305 Sq Ft
$437/Sq Ft Est. Value

Last Sold January 14, 2016

Last sale price $692,000 $300 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,114/month

63 Days on Market

Highlights

  • 2 Car Garage
  • Woodrow Wilson High School Rated A
  • 4-minute walk to Rose Park

About This Home

As of January 2016

Great 4 plex opportunity in the Rose Park Historic District. The front home is a large Bungalow with 2 bedroom/ 1 bath, newer remodeled kitchen, beautiful hardwood floors and laundry room. The rear units are comprised of a 1 bedroom and 2 Studios. The property also has 2 garages, large driveway, and newer roof. Live in one and rent the others or makes for a great investment. Take advantage of the upside in rents.

Last Agent to Sell the Property

Juan Huizar

Sage Real Estate Group, Inc. License #01417642 Listed on: 09/10/2015

Last Buyer's Agent

Kris Luong

Harvest Realty Development License #01899793

Harvest Realty Development

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,233 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 2,305 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 5769
  • Assessor Parcel Number 7262016008

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,738
  • Gross Income $3,625
  • Net Operating Income $30,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7262016008
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 300.22

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7233.00
  • Price Per Lot Square Foot: 95.67
  • Lot Size Acres: 0.1660

Multi Family

  • Gross Income: 3625.00
  • Gross Multiplier: 16.00
  • Gross Scheduled Income: 44100.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7233.0000 Square Feet
  • Net Operating Income: 30450.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13050.00
  • Rent Control: No
  • Total Actual Rent: 3625.00

Tax Info

  • New Taxes Expense: 8738.00
  • Tax Lot: 12
  • Tax Tract Number: 5769
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Wee And Wong Family Trust and Wee Hee Choon
Bought by
Nipamdy Llc and Potential Investment Llc
Current Estimated Value
$1,007,777

Purchase Details

Closed on
Jun 25, 2019
Sold by
Wee Hee Choon and Wong Linh Lynn Thoai Huynh
Bought by
Wee Hee Choon and Wong Linh Lynn Thoai Huynh

Purchase Details

Closed on
Apr 23, 2018
Sold by
Wee Hee Choon and Wong Linh Lynn Thom Huynh
Bought by
Wee Hee Choon and Wong Linh Lynn Thoai Huynh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 10, 2015
Closed on
Jan 21, 2016
Sold by
Wee Hee Choon and Tran Patrick
Bought by
Wee Hee Choon and Huynh Linh Thoai
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Kris Luong
Harvest Realty Development
List Price
$699,000
Sold Price
$692,000
Premium/Discount to List
-$7,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%

Purchase Details

Listed on
Sep 10, 2015
Closed on
Jan 12, 2016
Sold by
Huynh Linh Thoai
Bought by
Wee Hee Choon
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Kris Luong
Harvest Realty Development
List Price
$699,000
Sold Price
$692,000
Premium/Discount to List
-$7,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 10, 2015
Closed on
Nov 16, 2015
Sold by
Dee Virak and Dee Nakry
Bought by
Wee Hee Choon and Tran Patrick
Seller's Agent
Juan Huizar
Sage Real Estate Group, Inc.
Buyer's Agent
Kris Luong
Harvest Realty Development
List Price
$699,000
Sold Price
$692,000
Premium/Discount to List
-$7,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2015
Sold by
Dee Virak and Dee Nakry
Bought by
Dee Virak and Dee Nakry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,500
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2009
Sold by
Dee Virak and Dee Nakry
Bought by
Dee Virak and Dee Nakry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,172
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Dee Virak and Dee Nakry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,613
Interest Rate
6.27%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2008
Sold by
Ung Samnang
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-Wl1

Purchase Details

Closed on
Aug 8, 2005
Sold by
Quinn Irvine D and Quinn Kathreen V
Bought by
Ung Samnang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,650
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2002
Sold by
Quinn Irvine D and Quinn Kathreen V
Bought by
Quinn Irvine D and Quinn Kathreen V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.96%

Purchase Details

Closed on
Nov 1, 1995
Sold by
Kearns Francis X and Novak Carol Ann
Bought by
Quinn Irvine D and Vu Kathreen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,200
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nipamdy Llc $730,000 Wfg National Title Insurance C
Wee Hee Choon -- Westminster Title Company
Wee Hee Choon -- Westminster Title Co
Wee Hee Choon -- None Available
Wee Hee Choon -- Old Republic Title Company
Wee Hee Choon $692,000 Old Republic Title Company
Dee Virak -- Servicelink
Dee Virak -- Advantage Title Inc
Dee Virak $580,000 Fidelity National Title Co
Deutsche Bank National Trust Co $782,850 Accommodation
Ung Samnang $830,000 --
Quinn Irvine D -- Orange Coast Title
Quinn Irvine D $174,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wee Hee Choon $483,000
Previous Owner Wee Hee Choon $484,400
Previous Owner Dee Virak $501,500
Previous Owner Dee Virak $533,172
Previous Owner Dee Virak $527,613
Previous Owner Ung Samnang $704,650
Previous Owner Quinn Irvine D $255,000
Previous Owner Quinn Irvine D $139,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2016 01/14/16 Sold $692,000 -1.0% $300 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $699,000 -- $303 / 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 $10,496 $790,174 $541,216 $248,958
2024 $10,496 $774,681 $530,604 $244,077
2023 $10,317 $759,492 $520,200 $239,292
2022 $9,697 $744,600 $510,000 $234,600
2021 $9,818 $756,799 $492,139 $264,660
2020 $9,793 $749,040 $487,093 $261,947
2019 $9,679 $734,354 $477,543 $256,811
2018 $9,320 $719,956 $468,180 $251,776
2016 $7,398 $589,672 $348,052 $241,620
2015 $7,563 $621,350 $364,303 $257,047
2014 $7,524 $609,179 $357,167 $252,012
Source: Public Records

Agents Affiliated with this Home

  • Juan Huizar

    Seller's Agent in 2016

    Juan Huizar

    Sage Real Estate Group, Inc.

    (562) 307-0838

    2 in this area

    97 Total Sales

    Juan Huizar
    Section Image
  • Kris Luong

    Buyer's Agent in 2016

    Kris Luong

    Harvest Realty Development

    (626) 840-5876

    71 Total Sales

    Kris Luong
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15200532

California Regional Multiple Listing Service (CRMLS)

APN: 7262-016-008

California Los Angeles County Long Beach 90804 Rose Park

925 Temple Ave, Long Beach, CA

Not Listed for Sale

MultiFamily

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