NOT LISTED FOR SALE

2137 Locust Ave Long Beach, CA 90806

Southeast Wrigley Neighborhood

Estimated Value: $990,000 - $1,254,000

6 Beds
4 Baths
2,694 Sq Ft
$425/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $1,170,000 $434 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,449/month

64 Days on Market

About This Home

As of February 2024

We are pleased to present 2137 Locust Avenue, a 4-unit investment property in Long Beach, California. This property has a BRAND NEW roof, new foundation for the front 3 bedroom house. The back structure has three 1 bedroom units. All four units are fully renovated. The property can be delivered with the front house vacant which makes for a PERFECT owner user or investment property. The property has excellent cash flow and upside with all the hard work already done. You don't want to miss out on this.

Last Agent to Sell the Property

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 11/13/2023

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,603

Year Built

  • Built in 1956

Lot Details

  • 6,254

Parking

  • 4 Car Garage

Interior Spaces

  • 2,694 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,254 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 7208-025-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,603

Year Built

Built in 1956

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2694
  • Lot Acreage: 0.1436
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Refrigerator
  • Price Per S Q F T: 432.44

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage - 1 Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 69.77
  • Assessed Improvement Value: 742499
  • Assessed Land Percent: 30.23
  • Assessed Land Value: 321660
  • Total Assessed Value: 1064159
  • Assessor Parcel Number: 7208-025-020
  • Lot Size Area: 6254

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.94
  • Number Of Units: 4
  • Total Annual Expense: 27753
  • Type Of Units: Standard
  • Vacancy Rate: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 24, 2024
Sold by
Okada Yoshiomi
Bought by
Samayoa-Ortega Juan Carlos and Samayoa Carlos
Seller's Agent
Jonathan Weir
Marcus & Millichap
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,165,000
Sold Price
$1,170,000
Premium/Discount to List
$5,000
0.43%
Views
313
Current Estimated Value
$1,143,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,206
Avg. Annual Appreciation
0.07%
Original Mortgage
$1,130,951
Outstanding Balance
$1,112,105
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$59,213

Purchase Details

Closed on
Dec 22, 2017
Sold by
Aoyam
Bought by
Okada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Listed on
Feb 21, 2017
Closed on
Apr 12, 2017
Sold by
Chhor Jim T and Chrea Sophie S
Bought by
Aoyama Zaisan Networks Usa Inc
Seller's Agent
Alex Krin
Elite Homes Realty
Buyer's Agent
John Chelius
Property Works RE, Inc.
List Price
$725,000
Sold Price
$710,000
Premium/Discount to List
-$15,000
-2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%

Purchase Details

Closed on
Jul 19, 2016
Sold by
Chhor Jim T
Bought by
Chhor Jim T and Chrea Sophie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,975
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 20, 2015
Closed on
Aug 6, 2015
Sold by
Tauch Suzanne S and Jones Jeffery Alan
Bought by
Chhor Jim T
Seller's Agent
Alex Krin
Elite Homes Realty
Buyer's Agent
Linh Duc Pham
First Services
List Price
$569,000
Sold Price
$569,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$558,607
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2008
Sold by
Jones Jeffery Alan
Bought by
Jones Jeffery Alan and The Jeffery Alan Jones Trust

Purchase Details

Closed on
Aug 18, 2004
Sold by
Byrom Kimberly
Bought by
Jones Jeffery Alan and Tauch Suzanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Byrom Jim and Byrom Kimberly
Bought by
Byrom Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2003
Sold by
White Candi M
Bought by
Byrom Jim and Byrom Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2001
Sold by
Kendler Oswald
Bought by
White Candi M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
9.75%

Purchase Details

Closed on
Mar 11, 1994
Sold by
Kendler Zlata
Bought by
Kendler Oswald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7%
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
Samayoa-Ortega Juan Carlos $1,170,000 Stewart Title Of California In
Okada -- --
Aoyama Zaisan Networks Usa Inc $710,000 Lawyers Title
Chhor Jim T -- Accommodation
Chhor Jim T $569,000 Lawyers Title
Jones Jeffery Alan -- None Available
Jones Jeffery Alan $585,000 Alliance Title
Byrom Kimberly -- United Title Company Orange
Byrom Jim $529,000 Old Republic Title Company
White Candi M $240,000 Southland Title
Kendler Oswald -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Samayoa-Ortega Juan Carlos $1,130,951
Previous Owner Okada --
Previous Owner Chhor Jim T $556,975
Previous Owner Chhor Jim T $558,607
Previous Owner Jones Jeffery Alan $468,000
Previous Owner Byrom Kimberly $374,500
Previous Owner Byrom Jim $396,750
Previous Owner White Candi M $191,200
Previous Owner Kendler Oswald $75,000
Closed White Candi M $47,980
Closed Byrom Kimberly $25,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,170,000 +0.4% $434 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
11/13/2023 11/13/23 For Sale $1,165,000 +64.1% $432 / Sq Ft
04/19/2017 04/19/17 Sold $710,000 -2.1% $284 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $725,000 +27.4% $290 / Sq Ft
08/12/2015 08/12/15 Sold $569,000 0.0% $228 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $569,000 -- $228 / 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 $14,603 $1,193,400 $785,400 $408,000
2024 $14,603 $1,107,148 $334,654 $772,494
2023 $14,357 $1,085,441 $328,093 $757,348
2022 $13,480 $1,064,159 $321,660 $742,499
2021 $13,211 $1,043,294 $315,353 $727,941
2020 $13,177 $1,032,597 $312,120 $720,477
2019 $13,023 $1,012,350 $306,000 $706,350
2018 $12,613 $992,500 $300,000 $692,500
2016 $7,159 $569,000 $200,000 $369,000
2015 $6,197 $500,000 $277,800 $222,200
2014 $4,917 $380,000 $211,100 $168,900
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Weir

    Seller's Agent in 2024

    Jonathan Weir

    Marcus & Millichap

    (310) 909-5500

    1 in this area

    66 Total Sales

    Jonathan Weir
    Section Image

  • S

    Buyer's Agent in 2024

    Subscriber Non

    Non-Participant Office

  • A

    Seller's Agent in 2017

    Alex Krin

    Elite Homes Realty

    (562) 392-5306

    1 Total Sale

    Alex Krin
    Section Image

  • J

    Buyer's Agent in 2017

    John Chelius

    Property Works RE, Inc.

    (310) 722-0360

    6 Total Sales

    John Chelius
    Section Image

  • L

    Buyer's Agent in 2015

    Linh Duc Pham

    First Services

See All Agents

Map

Source: The MLS

MLS Number: 23-332055

The MLS

APN: 7208-025-020

California Los Angeles County Long Beach 90806 Southeast Wrigley

2137 Locust Ave, Long Beach, CA

This home is located at 2137 Locust Ave, Long Beach, CA 90806 since 13 November 2023 and is currently estimated at $1,143,794, approximately $424 per square foot. This property was built in 1956. 2137 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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