NOT LISTED FOR SALE

1962 Locust Ave Long Beach, CA 90806

Southeast Wrigley Neighborhood

Estimated Value: $745,000 - $889,000

4 Beds
3 Baths
1,931 Sq Ft
$426/Sq Ft Est. Value

Last Sold January 25, 2012

Last sale price $268,000 $139 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $4,875/month

140 Days on Market

Highlights

  • Central Heating and Cooling System
  • Long Beach Polytechnic High School Rated A
  • 4 Car Garage

About This Home

As of January 2012

Awesome 3 unit property with hardwood floors and tile throughout. Great investment opportunity. Spacious layout and open flow. All units Vacant and ready for market rents. Located on quiet street in residential area, near services and shopping. This property is a must see and agreat buy.

Last Agent to Sell the Property

Martin Szumanski

Martin Szumanski License #01497236 Listed on: 07/22/2011

Last Buyer's Agent

Allen Medenilla

License #01943994

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,724

Year Built

  • Built in 1954

Lot Details

  • 4,500

Parking

  • 4 Car Garage

Home Design

  • 1,931 Sq Ft Home
  • Triplex

Additional Features

  • 4,500 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 7209-014-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,724

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1931
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 147.54

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Private Garage
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 157454
  • Assessed Land Value: 179948
  • Assessor Parcel Number: 7209-014-006
  • Lot Size Area: 4500

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2021
Sold by
Perez Jose M and De Lourdes Frias
Bought by
Perez Jose M and De Lourdes Frias
Current Estimated Value
$822,333

Purchase Details

Listed on
Jul 22, 2011
Closed on
Dec 7, 2011
Sold by
Federal National Mortgage Association
Bought by
Perez Jose and Frias Maria
Seller's Agent
Martin Szumanski
Martin Szumanski
Buyer's Agent
Allen Medenilla
List Price
$324,900
Sold Price
$268,000
Premium/Discount to List
-$56,900
-17.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$201,000
Outstanding Balance
$137,969
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$668,698

Purchase Details

Closed on
Oct 20, 2010
Sold by
Young Robert T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 17, 2003
Sold by
Young Robert T and Young Sopheap
Bought by
Young Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2003
Sold by
Men Rina
Bought by
Men Rina and Kong Vireak

Purchase Details

Closed on
Nov 8, 2002
Sold by
Chung Rany
Bought by
Young Robert T

Purchase Details

Closed on
Dec 17, 1993
Sold by
Chung Rany and Young Robert Touch
Bought by
Chung Rany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.09%

Purchase Details

Closed on
Dec 13, 1993
Sold by
Ung Sopheap
Bought by
Young Robert Touch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.09%
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
Perez Jose M -- None Available
Perez Jose $268,000 Lsi Title Company Ca
Federal National Mortgage Association $325,929 Accommodation
Young Robert T -- Gtc
Men Rina -- --
Young Robert T -- --
Chung Rany -- Provident Title
Young Robert Touch -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jose $201,000
Previous Owner Young Robert T $320,000
Previous Owner Young Robert T $60,000
Previous Owner Young Robert T $80,000
Previous Owner Young Robert T $232,400
Previous Owner Chung Rany $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2012 01/25/12 Sold $268,000 -17.5% $139 / Sq Ft
12/09/2011 12/09/11 Pending -- -- --
07/22/2011 07/22/11 For Sale $324,900 -- $168 / Sq Ft
Source: The MLS

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 $4,724 $336,610 $163,280 $173,330
2024 $4,724 $330,011 $160,079 $169,932
2023 $4,641 $323,541 $156,941 $166,600
2022 $4,369 $317,198 $153,864 $163,334
2021 $4,270 $310,980 $150,848 $160,132
2020 $4,259 $307,793 $149,302 $158,491
2019 $4,210 $301,759 $146,375 $155,384
2018 $4,043 $295,843 $143,505 $152,338
2016 $3,720 $284,357 $137,934 $146,423
2015 $3,578 $280,087 $135,863 $144,224
2014 $3,567 $274,601 $133,202 $141,399
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Martin Szumanski

    Martin Szumanski

    (310) 770-0528

    13 Total Sales

    Martin Szumanski
    Section Image

  • A

    Buyer's Agent in 2012

    Allen Medenilla

  • R

    Buyer's Agent in 2012

    REALTOR.COM UNKNOWN

See All Agents

Map

Source: The MLS

MLS Number: 11-542841

The MLS

APN: 7209-014-006

California Los Angeles County Long Beach 90806 Southeast Wrigley

1962 Locust Ave, Long Beach, CA

This home is located at 1962 Locust Ave, Long Beach, CA 90806 since 22 July 2011 and is currently estimated at $822,333, approximately $425 per square foot. This property was built in 1954. 1962 Locust Ave is a home located in Los Angeles County with nearby schools including Jackie Robinson Academy, Long Beach Polytechnic High School, and We the People High School.

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