2137 Locust Ave Long Beach, CA 90806
Southeast Wrigley Neighborhood
5
Beds
4
Baths
2,500
Sq Ft
6,254
Sq Ft Lot
Highlights
- No HOA
- Cooling System Powered By Gas
- Wall Furnace
- Long Beach Polytechnic High School Rated A
- Laundry Room
About This Home
As of February 2024Great Investment Property! 4 Units...Front House has 2 bedrooms/ 1 bath, Rear 3 units with 1 bedroom/ 1 bath each, 4 car garages with alley access. Close to 710 and 405 Freeways, Schools, Shopping Center, Bus Lines, etc... Property is ideally for Investor or Owner occupant front house and rent out other 3 units to generate additional income for the mortgage payments.
Last Agent to Sell the Property
Elite Homes Realty License #01386368 Listed on: 01/20/2015
Last Buyer's Agent
Linh Duc Pham
First Services License #00853731
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,603
Year Built
- Built in 1956
Lot Details
- 6,254 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
Parking
- 4 Car Garage
- Parking Available
- Single Garage Door
- No Driveway
- Assigned Parking
Home Design
- Property Attached
Interior Spaces
- 2,500 Sq Ft Home
- Living Room with Fireplace
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Utilities
- Cooling System Powered By Gas
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Tax Lot 8
- Tax Tract Number 5730
- Assessor Parcel Number 7208025020
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $50
- Insurance Expense $1,000
- Trash Expense $100
- Water Sewer Expense $125
- New Taxes Expense $6,000
- Gross Income $3,955
- Net Operating Income $39,950
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%
Total Days on Market
57
Views
313
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,843
Avg. Annual Appreciation
-0.85%
Original Mortgage
$1,130,951
Outstanding Balance
$1,115,377
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$41,780
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
6.19%
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
7.50%
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%
Similar Home in Long Beach, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,170,000 | Stewart Title Of California In | |
| Deed | -- | -- | |
| Grant Deed | $710,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Grant Deed | $569,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $585,000 | Alliance Title | |
| Interfamily Deed Transfer | -- | United Title Company Orange | |
| Grant Deed | $529,000 | Old Republic Title Company | |
| Grant Deed | $240,000 | Southland Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,130,951 | FHA | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $556,975 | FHA | |
| Previous Owner | $558,607 | FHA | |
| Previous Owner | $468,000 | Purchase Money Mortgage | |
| Previous Owner | $374,500 | New Conventional | |
| Previous Owner | $396,750 | Purchase Money Mortgage | |
| Previous Owner | $191,200 | No Value Available | |
| Previous Owner | $75,000 | No Value Available | |
| Closed | $47,980 | No Value Available | |
| Closed | $25,500 | No Value Available |
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: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $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
-
S
Buyer's Agent in 2024
Subscriber Non
Non-Participant Office
-
Alex Krin
A
Seller's Agent in 2017
Alex Krin
Elite Homes Realty
(562) 392-5306
1 Total Sale
-
John Chelius
J
Buyer's Agent in 2017
John Chelius
Property Works RE, Inc.
(310) 722-0360
7 Total Sales
-
L
Buyer's Agent in 2015
Linh Duc Pham
First Services
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW15013348
APN: 7208-025-020
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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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