NOT LISTED FOR SALE

2025 Locust Ave Unit C Long Beach, CA 90806

Southeast Wrigley Neighborhood

Estimated Value: $1,203,000 - $1,279,000

6 Beds
4 Baths
791 Sq Ft
$1,569/Sq Ft Est. Value

Last Sold August 19, 2014

Last sale price $580,000 $733 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $7,370/month

82 Days on Market

About This Home

As of August 2014

THIS IS A FNMA HOMEPATH-PATH PROPERTY. CHARMING 4 UNIT INCOME PROPERTY IN STRONG RENTAL AREA OF LONG BEACH. ALL UNITS ARE VACANT. FRONT BUILDING CONSISTS OF 3 ONE BEDROOM ONE BATHROOM UNITS. REAR DETACHED STRUCTURE HAS 4 CAR GARAGE PARKING AND ONE TWO BEDROOM ONE BATHROOM OWNERS UNIT ABOVE. ALL UNITS IN MOVE IN READY CONDITION. GREAT INVESTMENT OPPORTUNITY WITH TONS OF UPSIDE. NEW PAINT INSIDE & OUTSIDE. PLENTY OF PARKING. NICE STREET IN HIGHLY DESIRABLE AREA. EASY ACCESS TO FREEWAY, RESTAURANTS & ENTERTAINMENT. Receive up to 3.5% closing cost assistance for owner-occupant buyers and public entities who request the incentive at their initial offer during the First Look period, purchase a HomePath property in select states on or before April 30 and close by June 30, 2014. SUBMIT ALL OFFERS. AGENTS PLEASE READ PRIVATE REMARKS FOR OFFER SUBMISSION INFORMATION. AGENTS TO VERIFY ALL INFORMATION, LISTING AGENT MAKES NO WARRANTIES AND/OR REPRESENTATIONS ABOUT PROPERTY OR MLS INFO.

Last Agent to Sell the Property

Derek Andrews

Keller Williams Beverly Hills License #01188918 Listed on: 04/19/2014

Keller Williams Beverly Hills

Co-Listed By

Kyle Owens

Keller Williams Beverly Hills License #01930780

Last Buyer's Agent

Constance Wildasinn

License #01773776

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,405

Year Built

  • Built in 1932

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • 791 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7209-018-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,405

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 791
  • Year Built: 1932
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 790.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 170000
  • Assessed Land Value: 250000
  • Assessor Parcel Number: 7209-018-025
  • Geocode Override: No
  • Lot Size Area: 7500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: Detached
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Hatanaka Mark N and Hatanaka Marilou U
Bought by
Hatanaka Mark N and Hatanaka Marilou U
Total Days on Market
82
Current Estimated Value
$1,241,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,300
Outstanding Balance
$363,061
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$895,272

Purchase Details

Closed on
Nov 2, 2019
Sold by
Hatanaka Mark N and Hatanaka Marilou U
Bought by
Hatanaka Mark N and Hatanaka Marilou U

Purchase Details

Listed on
Apr 19, 2014
Closed on
Aug 15, 2014
Sold by
Fannie Mae
Bought by
Hatanaka Mark N and Hatanaka Marilou U
Seller's Agent
Derek Andrews
Keller Williams Beverly Hills
Buyer's Agent
Constance Wildasinn
List Price
$675,000
Sold Price
$580,000
Premium/Discount to List
-$95,000
-14.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$435,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2012
Sold by
Muneton Roberto
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 8, 2002
Sold by
Muneton Jose Luis
Bought by
Muneton Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Interest Rate
6.05%

Purchase Details

Closed on
Aug 22, 2001
Sold by
Kramar Glenn F and Kramar Jeanette Neuser
Bought by
Muneton Roberto and Muneton Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,492
Interest Rate
7.09%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Hatanaka Mark N -- Amrock
Hatanaka Mark N -- Amrock
Hatanaka Mark N -- None Available
Hatanaka Mark N $580,000 Old Republic Title Company
Federal National Mortgage Association $538,219 Accommodation
Muneton Roberto -- Provident Title
Muneton Roberto $250,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatanaka Mark N $400,300
Closed Hatanaka Mark N $435,000
Previous Owner Muneton Roberto $507,500
Previous Owner Muneton Roberto $350,000
Previous Owner Muneton Robert $96,500
Previous Owner Muneton Roberto $252,500
Previous Owner Muneton Roberto $246,492
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2014 08/19/14 Sold $580,000 -14.1% $733 / Sq Ft
07/10/2014 07/10/14 Pending -- -- --
04/19/2014 04/19/14 For Sale $675,000 -- $853 / 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
2024 $9,405 $683,399 $235,654 $447,745
2023 $9,244 $670,000 $231,034 $438,966
2022 $8,693 $656,863 $226,504 $430,359
2021 $8,505 $643,984 $222,063 $421,921
2020 $8,482 $637,382 $219,787 $417,595
2019 $8,385 $624,885 $215,478 $409,407
2018 $8,090 $612,633 $211,253 $401,380
2016 $7,437 $588,845 $203,050 $385,795
2015 $7,147 $580,000 $200,000 $380,000
2014 $5,444 $421,906 $251,135 $170,771
Source: Public Records

Agents Affiliated with this Home

  • Derek Andrews

    Seller's Agent in 2014

    Derek Andrews

    Keller Williams Beverly Hills

    (310) 432-6400

    34 Total Sales

    Derek Andrews
    Section Image

  • K

    Seller Co-Listing Agent in 2014

    Kyle Owens

    Keller Williams Beverly Hills

  • C

    Buyer's Agent in 2014

    Constance Wildasinn

See All Agents

Map

Source: The MLS

MLS Number: 14-753935

The MLS

APN: 7209-018-025

California Los Angeles County Long Beach 90806 Southeast Wrigley

2025 Locust Ave Unit C, Long Beach, CA

This home is located at 2025 Locust Ave Unit C, Long Beach, CA 90806 since 19 April 2014 and is currently estimated at $1,241,000, approximately $1,568 per square foot. This property was built in 1932. 2025 Locust Ave Unit C 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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