NOT LISTED FOR SALE

1242 E 4th St Unit 2 Long Beach, CA 90802

North Alamitos Beach Neighborhood

Estimated Value: $499,000 - $572,888

2 Beds
2 Baths
946 Sq Ft
$240/mo HOA Fee

Last Sold August 09, 2024

Last sale price $510,000 $539 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,333/month

14 Days on Market

Highlights

  • City Lights View
  • 0.21 Acre Lot
  • Eat-In Kitchen
  • Long Beach Polytechnic High School Rated A
  • Granite Countertops
  • 3-minute walk to Miracle On Fourth Street Park

About This Home

As of August 2024

Nestled blocks from the beach, this home perfectly blends coastal charm and modern comfort. Feel the cool sea breeze as you enter a light, airy atmosphere. The updated kitchen features granite countertops, light wood cabinets, and stainless steel appliances. The home transitions from tile floors in the kitchen to newer plank flooring in the living room, where large sliding glass doors open to a balcony, inviting natural light. Both bedrooms boast ample closet space, and the updated bathrooms provide a touch of luxury. Convenience is key with inside laundry, a newer water heater, a newer furnace, and fresh paint. This unit includes a private garage and a separate carport, ensuring ample parking and storage. Enjoy the vibrant local scene with shopping on Retro Row, diverse eateries, and more retail therapy on Shoreline Drive. Experience the best of coastal living in this beautifully updated home.

Last Agent to Sell the Property

Allison Van Wig

Keller Williams Coastal Prop. License #00985700 Listed on: 06/03/2024

Keller Williams Coastal Prop.

Last Buyer's Agent

Errol Jacobs

Accelerated Appraisals License #01961591

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1984

Lot Details

  • 8,995

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 946 Sq Ft Home
  • 1-Story Property
  • City Lights Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Additional Features

  • Two or More Common Walls
  • Central Heating

Community Details

  • Master Insurance
  • 9 Units
  • Embassy Park Association, Phone Number (562) 433-0934
  • Embassy HOA
  • Downtown Subdivision
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40172
  • Assessor Parcel Number 7275006063
  • $251 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,023

Year Built

Built in 1984

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBCNR
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7275006063
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 946.00 Square Feet
  • Stories: 1
  • Entry Location: front
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 539.11
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Embassy park
  • Phone: 5624330934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: embassy

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 8997.00
  • Lot Size Acres: 0.2065
  • Latitude Manual: 33.77142400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8997.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 5765.02
  • Tax Lot: 1
  • Tax Tract Number: 40172
  • TaxOtherAnnualAssessmentAmount: 251.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 2, 2024
Sold by
Thompson John B
Bought by
Jacobs Errol
Seller's Agent
Allison Van Wig
Keller Williams Coastal Prop.
Buyer's Agent
Errol Jacobs
Accelerated Appraisals
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Views
951
Current Estimated Value
$518,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,847
Avg. Annual Appreciation
4.11%
Original Mortgage
$433,500
Outstanding Balance
$429,365
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$101,607

Purchase Details

Closed on
Oct 30, 2002
Sold by
Huggins James
Bought by
Thompson John B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,140
Interest Rate
5.96%
Mortgage Type
VA

Purchase Details

Closed on
Nov 14, 1997
Sold by
World Svgs Bank
Bought by
Huggins James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,240
Interest Rate
7.33%
Mortgage Type
VA

Purchase Details

Closed on
May 27, 1997
Sold by
Peterson Nils O
Bought by
World S & L Assn Fsla
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Jacobs Errol $510,000 Fidelity National Title
Thompson John B $157,000 Gateway Title Company
Huggins James $62,000 --
World S & L Assn Fsla $55,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Errol $433,500
Previous Owner Thompson John B $50,000
Previous Owner Thompson John B $185,648
Previous Owner Thompson John B $203,536
Previous Owner Thompson John B $30,648
Previous Owner Thompson John B $161,654
Previous Owner Thompson John B $160,140
Previous Owner Huggins James $10,000
Previous Owner Huggins James $10,927
Previous Owner Huggins James $63,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $510,000 +2.0% $539 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $499,900 -- $528 / 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 $3,023 $510,000 $358,300 $151,700
2024 $3,023 $222,909 $127,783 $95,126
2023 $2,971 $218,539 $125,278 $93,261
2022 $2,791 $214,255 $122,822 $91,433
2021 $2,732 $210,055 $120,414 $89,641
2019 $2,693 $203,827 $116,844 $86,983
2018 $2,620 $199,831 $114,553 $85,278
2016 $2,409 $192,072 $110,105 $81,967
2015 $2,315 $189,188 $108,452 $80,736
2014 $2,303 $185,483 $106,328 $79,155
Source: Public Records

Agents Affiliated with this Home

  • Allison Van Wig

    Seller's Agent in 2024

    Allison Van Wig

    Keller Williams Coastal Prop.

    (562) 882-1581

    3 in this area

    283 Total Sales

    Section Image

  • E

    Buyer's Agent in 2024

    Errol Jacobs

    Accelerated Appraisals

    (562) 235-3231

    1 in this area

    1 Total Sale

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24110887

California Regional Multiple Listing Service (CRMLS)

APN: 7275-006-063

California Los Angeles County Long Beach 90802 North Alamitos Beach

1242 E 4th St Unit 2, Long Beach, CA

This home is located at 1242 E 4th St Unit 2, Long Beach, CA 90802 since 03 June 2024 and is currently estimated at $530,972, approximately $561 per square foot. This property was built in 1984. 1242 E 4th St Unit 2 is a home located in Los Angeles County with nearby schools including Stevenson Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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