NOT LISTED FOR SALE

Estimated Value: $680,000 - $840,000

4 Beds
2 Baths
1,114 Sq Ft
$687/Sq Ft Est. Value

Last Sold September 04, 2015

Last sale price $420,000 $377 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,734/month

7 Days on Market

Highlights

  • Private Yard
  • Fireplace
  • Heating Available
  • Long Beach Polytechnic High School Rated A
  • 3 Car Garage
  • 1-Story Property

About This Home

As of September 2015

One of a kind in the city of Long Beach in a quiet and peaceful neighborhood!!!!! The property consist of 2 houses on a lot with 3 car garage. The property is gated and fenced and has been remodeled in the past two year with Wood Floor and Kitchen Counter top and garage has been reworked. Here is the perfect chance for new/first time home buyer to live in one and rent out the other. Owner recommend buyer to keep current tenant, these people are very nice and consider to be long term tenant. Buyer to verify permit and perform their own inspection regard to the property. Record showing 2 bedroom and 3 bath. Currently subject is 2 bedroom 1 bath each unit.

Last Agent to Sell the Property

Kammie Nguyen

Advance Estate Realty License #01901405 Listed on: 07/22/2015

Co-Listed By

Kaitlyn Nguyen

Advance Estate Realty License #01317864

Last Buyer's Agent

Ashley Ngo

Advance Estate Realty License #01398934

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,493

Year Built

  • Built in 1942

Lot Details

  • 4,019 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,114 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 7267
  • Assessor Parcel Number 7267017032

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $535
  • Water Sewer Expense $480
  • New Taxes Expense $3,269
  • Gross Income $2,200
  • Net Operating Income $22,116

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,493

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 7267017032
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 377.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 4019.00
  • Price Per Lot Square Foot: 104.50
  • Lot Size Acres: 0.0920

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 535.00
  • Lot Size Area: 4019.0000 Square Feet
  • Net Operating Income: 22116.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4284.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3269.00
  • Tax Lot: 2
  • Tax Tract Number: 7267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2019
Sold by
Nguyen Alexander
Bought by
Nguyen Alexander Vinh Quang and Nguyen Alexander Vinh Quang
Current Estimated Value
$765,775

Purchase Details

Listed on
Jul 22, 2015
Closed on
Sep 2, 2015
Sold by
Phung Hong Nhung T
Bought by
Nguyen Alexander
Seller's Agent
Kammie Nguyen
Advance Estate Realty
Buyer's Agent
Ashley Ngo
Advance Estate Realty
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$315,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2013
Closed on
Aug 9, 2013
Sold by
Kieng Jessica
Bought by
Phung Hong Nhung T
Seller's Agent
Audrey Flemmings
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Audrey Flemmings
Berkshire Hathaway HomeServices California Properties
List Price
$270,000
Sold Price
$262,000
Premium/Discount to List
-$8,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.03%

Purchase Details

Closed on
Dec 21, 2010
Sold by
Molina Bernardo
Bought by
Kieng Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,475
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2006
Sold by
Molina Teresa
Bought by
Molina Bernardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Nguyen Trung Hoai
Bought by
Molina Bernardo and Molina Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 26, 2001
Sold by
Nguyen Dan and Le Linda Hoa
Bought by
Nguyen Trung Hoai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,295
Interest Rate
5.77%
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
Nguyen Alexander Vinh Quang -- None Available
Nguyen Alexander $420,000 Orange Coast Title Co Socal
Phung Hong Nhung T -- Orange Coast Title Co Socal
Phung Hong Nhung T -- Orange Coast Title Co Socal
Phung Hong Nhung T $262,000 North American Title Company
Kieng Jessica $190,000 North American Title Company
Molina Bernardo -- Alliance Title Company
Molina Bernardo $445,000 Stewart Title Irvine
Nguyen Trung Hoai $121,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Alexander $315,000
Previous Owner Kieng Jessica $187,475
Previous Owner Molina Bernardo $440,000
Previous Owner Molina Bernardo $356,000
Previous Owner Nguyen Trung Hoai $108,295
Closed Molina Bernardo $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $420,000 +1.2% $377 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $415,000 +58.4% $373 / Sq Ft
08/19/2013 08/19/13 Sold $262,000 -3.0% $235 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
05/18/2013 05/18/13 For Sale $270,000 -- $242 / 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 $6,493 $497,191 $343,300 $153,891
2024 $6,493 $487,443 $336,569 $150,874
2023 $6,383 $477,886 $329,970 $147,916
2022 $5,996 $468,516 $323,500 $145,016
2021 $5,876 $459,330 $317,157 $142,173
2020 $5,861 $454,621 $313,905 $140,716
2019 $5,793 $445,707 $307,750 $137,957
2018 $5,580 $436,968 $301,716 $135,252
2016 $5,137 $420,000 $290,000 $130,000
2015 $3,284 $267,234 $183,596 $83,638
2014 $3,269 $262,000 $180,000 $82,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15161429

California Regional Multiple Listing Service (CRMLS)

APN: 7267-017-032