NOT LISTED FOR SALE

Estimated Value: $1,250,000 - $1,523,000

4 Beds
4 Baths
3,344 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $1,002,777 $300 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,455/month

29 Days on Market

Highlights

  • 0.17 Acre Lot
  • Lawn
  • 4 Car Garage
  • Long Beach Polytechnic High School Rated A
  • Laundry Room
  • Wall Furnace

About This Home

As of April 2020

Very well maintained units. Oversized one bedroom units. Easy management. Great investment opportunity. Rents are close to market. Good long term tenants. Big back yard with 4 garages. Near Cal State Long Beach. Close to beach and downtown and easy access to the fwys and St Mary's hospital. This would be a good one to buy if you want to live in one and have the tenants help with the mortgage. If you are looking to buy multiple units this is an awesome buy. Don't let this one get away from you.

Last Agent to Sell the Property

Mary Edwards

RE/MAX College Park Realty License #01103542 Listed on: 11/18/2019

RE/MAX College Park Realty

Last Buyer's Agent

Clive Haylock

Real Estate America License #01804651

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,169

Year Built

  • Built in 1923

Lot Details

  • 7,481 Sq Ft Lot
  • Two or More Common Walls
  • Lawn
  • Back Yard

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • 3,344 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 2 / 6
  • Tax Tract Number 5515
  • Assessor Parcel Number 7273011032

Community Details

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $4,900

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,169

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • Zoning: LBPD29
  • Property Type: Residential Income
  • Parcel Number: 7273011032
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 299.87

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn
  • Lot Size Sq Ft: 7481.00
  • Lot Size Acres: 0.1717

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average1 Bed Area: 836 Square Feet
  • Gross Income: 4900.00
  • Gross Scheduled Income: 4900.00
  • Lot Size Area: 7481.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 5763.01
  • Tax Lot: 2
  • Tax Tract Number: 5515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 10, 2020
Sold by
Keddy James Edward and Martinez Keddy Regina
Bought by
James Raymon J
Seller's Agent
Mary Edwards
RE/MAX College Park Realty
Buyer's Agent
Clive Haylock
Real Estate America
List Price
$989,000
Sold Price
$1,002,777
Premium/Discount to List
$13,777
1.39%
Current Estimated Value
$1,337,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,900
Avg. Annual Appreciation
5.40%
Original Mortgage
$1,035,551
Outstanding Balance
$917,937
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$414,201

Purchase Details

Closed on
Dec 19, 2017
Sold by
Martinez Keddy Regina L
Bought by
Keddy James Edward and Martinez Keddy Regina Lucille

Purchase Details

Closed on
Sep 8, 2015
Sold by
Martinez Keddy Regina L
Bought by
Martinez Keddy Regina L and Keddy James E

Purchase Details

Closed on
Jun 14, 2011
Sold by
Bauman Pauline Wolf
Bought by
Martinez Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
4.45%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
James Raymon J $1,003,000 Provident Title
Keddy James Edward -- None Available
Martinez Keddy Regina L -- None Available
Martinez Regina $435,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Raymon J $1,035,551
Closed James Raymon J $1,035,551
Previous Owner Martinez Regina $326,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $1,002,777 +1.4% $300 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
11/18/2019 11/18/19 For Sale $989,000 -- $296 / 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 $14,169 $1,096,671 $710,868 $385,803
2024 $14,169 $1,075,169 $696,930 $378,239
2023 $13,929 $1,054,088 $683,265 $370,823
2022 $13,080 $1,033,420 $669,868 $363,552
2021 $12,812 $1,013,158 $656,734 $356,424
2020 $6,822 $499,593 $344,548 $155,045
2019 $6,744 $489,798 $337,793 $152,005
2018 $6,488 $480,195 $331,170 $149,025
2016 $5,882 $461,550 $318,311 $143,239
2015 $5,655 $454,618 $313,530 $141,088
2014 $5,632 $445,714 $307,389 $138,325
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19267097

California Regional Multiple Listing Service (CRMLS)

APN: 7273-011-032