NOT LISTED FOR SALE

Estimated Value: $1,129,222 - $1,352,000

6 Beds
2 Baths
4,616 Sq Ft
$262/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2021

Last sale price $1,000,000 $217 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,666 / mo

33 Days on Market

Highlights

  • Fishing
  • Hiking Trails
  • Carpet
  • Long Beach Polytechnic High School Rated A
  • 6 Car Direct Access Garage
  • Wall Furnace

About This Home

As of October 2021

Great opportunity for any investor looking for a fully occupied and producing tri-plex. All units are under one roof with each unit having it’s own extra-large 2 car garage with their own access. Roof was redone about 6 years ago with the outside stucco siding receiving its own fresh coat of paint. The interior of the units have been updated with newer flooring, paint, counter tops and other updates about a year ago. Each unit offers your tenants 3 bedrooms and 1 bath with a newer galley style kitchen in about 700ish sq.ft. each. Units have been well maintained and are located in walking distance to local shops, restaurants, parks, and St. Mary hospital. Close to downtown Long Beach it has a walking score of 87, transit score of 67 and a bikeable score of 70. Tenants pay for their own gas and electric. Please do NOT DISTURB TENANTS.

Last Agent to Sell the Property

JANETTE SKINNER

KELLER WILLIAMS REALTY License #02015756 Listed on: 08/11/2021

KELLER WILLIAMS REALTY

Last Buyer's Agent

Jimmy Thach

Seal Real Estate License #01386221

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 6,253 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Direct Access Garage
  • Parking Available

Home Design

  • Triplex

Interior Spaces

  • 4,616 Sq Ft Home
  • 2-Story Property
  • Gas Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Legal Lot and Block 4 / 2
  • Tax Tract Number 576
  • Assessor Parcel Number 7274022014
  • $8,352 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • Alamitos Beach Subdivision

Recreation

  • Fishing
  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $1,440
  • Operating Expense $1,440
  • Gross Income $57,360
  • Net Operating Income $57,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

6,253 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Water Sewer Expenses: 1440.00
  • Zoning: LBR4R
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 7274022014
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 216.64

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Park, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6253.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 57360.00
  • Gross Scheduled Income: 58800.00
  • Lot Size Area: 6253.0000 Square Feet
  • Net Operating Income: 57360.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Range: 3
  • Operating Expense: 1440.00
  • Rent Control: No
  • Total Actual Rent: 4900.00
  • Total Expenses: 1440.00

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5763.02
  • Tax Lot: 4
  • Tax Tract Number: 576...
  • TaxOtherAnnualAssessmentAmount: 8352.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2009
Sold by
Amnuay Amphai
Bought by
Pung See Pao
Current Estimated Value
$1,211,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$185,047
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,026,009

Purchase Details

Closed on
Mar 13, 2009
Sold by
Lenders Group A Partnership
Bought by
Yang Susan and Pung See Pao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$185,047
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,026,009

Purchase Details

Closed on
Feb 6, 2009
Sold by
Ket Saoroth
Bought by
Lenders Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$185,047
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,026,009

Purchase Details

Closed on
Dec 6, 2007
Sold by
Zeits Richard R and Zeits Thyra K
Bought by
Keth Saoroth

Purchase Details

Closed on
Jun 12, 2007
Sold by
Ket Saoroth
Bought by
Zeits Richard R and Zeits Thyra K

Purchase Details

Closed on
Feb 21, 2007
Sold by
Uk Vandath
Bought by
Ket Saoroth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
7.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2006
Sold by
Carson Escrow Llc
Bought by
Ket Saoroth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2006
Sold by
Uk Vandath
Bought by
Ket Saoroth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2006
Sold by
Bilbool Raymond
Bought by
Carson Escrow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Hud
Bought by
Bilbool Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,440
Interest Rate
6.22%

Purchase Details

Closed on
May 8, 1998
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Mar 10, 1997
Sold by
United Car Wash Corp
Bought by
Calderon Maria G Najarro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,029
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 1997
Sold by
Brahms Sharon Tr Brahms Trust
Bought by
United Car Wash Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,029
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1994
Sold by
Brahms Sharon and Brahms Trust
Bought by
Brahms Sharon and Brahms Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pung See Pao -- North American Title Company
Yang Susan -- North American Title Company
Yang Susan $520,000 North American Title Company
Lenders Group $363,237 None Available
Keth Saoroth -- None Available
Zeits Richard R -- None Available
Ket Saoroth -- Southland Title Company
Ket Saoroth $729,000 Financial Title Company
Ket Saoroth -- Financial Title Company
Carson Escrow Llc -- Financial Title Company
Bilbool Raymond $243,000 First Southwestern Title Co
Hud -- Benefit Land Title Ins Co
Norwest Mtg Inc $268,593 Benefit Land Title Ins Co
Calderon Maria G Najarro $260,000 Commonwealth Land Title
United Car Wash Corp $125,000 Commonwealth Title
Brahms Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Susan $294,000
Previous Owner Ket Saoroth $588,000
Previous Owner Ket Saoroth $583,200
Previous Owner Bilbool Raymond $206,440
Previous Owner Calderon Maria G Najarro $249,029
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $1,000,000 -8.2% $217 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $1,089,000 -- $236 / 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 $14,940 $1,061,207 $689,785 $371,422
2024 $14,266 $1,040,400 $676,260 $364,140
2023 $14,016 $1,020,000 $663,000 $357,000
2022 $13,173 $1,000,000 $650,000 $350,000
2021 $8,472 $618,627 $428,284 $190,343
2019 $8,352 $600,281 $415,582 $184,699
2018 $8,048 $588,512 $407,434 $181,078
2016 $7,392 $565,662 $391,614 $174,048
2015 $7,109 $557,166 $385,732 $171,434
2014 $7,066 $546,253 $378,177 $168,076
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21177160

California Regional Multiple Listing Service (CRMLS)

APN: 7274-022-014

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