NOT LISTED FOR SALE

1403 Locust Ave Long Beach, CA 90813

Washington School Neighborhood

Estimated Value: $725,000 - $969,000

2 Beds
2 Baths
1,457 Sq Ft
$587/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $435,000 $299 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $5,634/month

22 Days on Market

Highlights

  • Corner Lot
  • 5-minute walk to Anaheim Station
  • Laundry Room
  • Long Beach Polytechnic High School Rated A

About This Home

As of June 2021

INVESTOR OPPORTUNITY, PRICED TO SELL! This corner lot property has TONS of potential and is zoned LBR4R. Originally, this property may have physically been a DUPLEX, but it appears previous occupants/owner may have removed walls to join all the interior space. It is being sold "as-is" and is in need of substantial repair and/or tear down and rebuild your own palace! This property will require an all cash offer and purchaser will assume any and all occupants/debris/trash as well as city violations and substandard on property. Currently there are no working utilities, the gas meter, water heater, electrical meter have all been removed. Property is being marketed sight unseen, do not attempt to contact occupants.

Last Agent to Sell the Property

Annemarie Feil

Vylla Home, Inc. License #01793718 Listed on: 04/15/2021

Vylla Home, Inc.

Last Buyer's Agent

Felipe Alvarez

Vylla Home, Inc. License #01213601

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,589

Year Built

  • Built in 1911

Lot Details

  • 3,866 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • 1,457 Sq Ft Home

Parking

  • Parking Available
  • Parking Lot

Additional Features

  • Laundry Room
  • Urban Location
  • Septic Type Unknown

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 6 / 8
  • Tax Tract Number 2
  • Assessor Parcel Number 7269013026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,589

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LBR4R
  • Property Type: Residential Income
  • Parcel Number: 7269013026
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 298.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space

Utilities

  • Laundry: Yes
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3866.00
  • Lot Size Acres: 0.0888

Multi Family

  • Lot Size Area: 3866.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 5754.02
  • Tax Lot: 6
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2024
Sold by
Pham Ngoc Quang
Bought by
Duong Thi Le Ha
Current Estimated Value
$852,679

Purchase Details

Closed on
Mar 28, 2022
Sold by
Ek Financial Investment
Bought by
High Point Holdings Llc

Purchase Details

Closed on
Dec 8, 2021
Sold by
High Point Holdings Llc
Bought by
Ek Financial Investment

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 13, 2021
Sold by
Deutsche Bank National Trust Company
Bought by
High Point Holdings Llc
Seller's Agent
Annemarie Feil
Vylla Home, Inc.
Buyer's Agent
Felipe Alvarez
Vylla Home, Inc.
List Price
$309,900
Sold Price
$435,000
Premium/Discount to List
$125,100
40.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2020
Sold by
Garcia Sergio A
Bought by
Deutsche Bank National Trust Company and New Century Home Equity Loan Trust

Purchase Details

Closed on
May 27, 2005
Sold by
Tapia Juan G
Bought by
Garcia Sergio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2003
Sold by
A20 Investments Llc
Bought by
Basinet Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Vasquez Magdalena
Bought by
Tapia Manuel

Purchase Details

Closed on
May 20, 2002
Sold by
Vasquez Henrietta
Bought by
Tapia Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.6%
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
Duong Thi Le Ha -- Lawyers Title
Duong Thi Le Ha $360,000 Lawyers Title Company
High Point Holdings Llc -- Lawyers Title
Ek Financial Investment -- Accommodation
High Point Holdings Llc $435,000 Fidelity Natl Ttl Orange Cnt
Deutsche Bank National Trust Company $371,694 Accommodation
Garcia Sergio A $430,000 --
Basinet Michael -- Fidelity National Title Co
Tapia Juan G -- Southland Title Corporation
Tapia Manuel -- Orange Coast Title
Tapia Manuel $194,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High Point Holdings $300,000
Previous Owner High Point Holdings Llc $435,000
Previous Owner Garcia Sergio A $344,000
Previous Owner Tapia Juan G $202,500
Previous Owner Basinet Michael $245,000
Previous Owner Tapia Manuel $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $435,000 +40.4% $299 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $309,900 -- $213 / 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 $11,589 $360,000 $360,000 --
2024 $11,589 $900,000 $450,000 $450,000
2023 $8,539 $652,800 $397,800 $255,000
2022 $7,062 $560,000 $350,000 $210,000
2021 $5,436 $424,351 $252,590 $171,761
2020 $7,923 $537,301 $322,382 $214,919
2019 $18,981 $526,766 $316,061 $210,705
2018 $6,558 $516,438 $309,864 $206,574
2016 $6,034 $496,386 $297,833 $198,553
2015 $5,791 $488,931 $293,360 $195,571
2014 $5,754 $479,355 $287,614 $191,741
Source: Public Records

Agents Affiliated with this Home

  • Annemarie Feil

    Seller's Agent in 2021

    Annemarie Feil

    Vylla Home, Inc.

    (562) 400-0358

    1 in this area

    25 Total Sales

    Section Image
  • Felipe Alvarez

    Buyer's Agent in 2021

    Felipe Alvarez

    Vylla Home, Inc.

    (714) 875-3911

    1 in this area

    11 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21079487

California Regional Multiple Listing Service (CRMLS)

APN: 7269-013-026

California Los Angeles County Long Beach 90813 Washington School

1403 Locust Ave, Long Beach, CA

This home is located at 1403 Locust Ave, Long Beach, CA 90813 since 15 April 2021 and is currently estimated at $855,708, approximately $587 per square foot. This property was built in 1911. 1403 Locust Ave is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Washington 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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