NOT LISTED FOR SALE

Estimated Value: $1,134,000 - $1,274,000

4 Beds
4 Baths
3,344 Sq Ft
$369/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2020

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

Est. 23% increase in value since last sale

Current estimated payment $7,879 / mo

29 Days on Market

Highlights

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

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

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 in unit

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

Year Built

Built in 1923

Lot Details

7,481 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 10, 2020
Sold by
Bought by
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
$1,232,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,881
Avg. Annual Appreciation
3.39%
Original Mortgage
$1,035,551
Outstanding Balance
$913,870
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$318,788

Purchase Details

Closed on
Dec 19, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2011
Sold by
Bought by

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:

--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,003,000 Provident Title
-- None Available
-- None Available
$435,000 Orange Coast Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,812 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19267097

California Regional Multiple Listing Service (CRMLS)

APN: 7273-011-032

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