NOT LISTED FOR SALE
0.28 Acres
-- Price per Acre
12,054 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $4,850,000

300 Days on Market

Highlights

  • City Lights View
  • 3-minute walk to 1St Street Station
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • 0.28 Acre Lot
  • 5-minute walk to Harvey Milk Promenade Park

About This Lot

As of April 2022

Long Beach's Zoned High Density - PD-30 Zoning and turns it upside down, giving you the potential to be part of the high-rise LB Downtown community!
Consists of two parcels: 2 APNs: 7281-016-009 & 7281-016-052
Opportunity to build 11 townhomes or 40+ residential units.

Last Agent to Sell the Property

Andre Lujan

Vista Pacific Realty License #01475314 Listed on: 05/23/2021

Last Buyer's Agent

David Robles

Real Broker License #01134528

Real Broker

Property Details

Property Type

  • Land

Lot Details

  • 12,054 Sq Ft Lot
  • Density is 36-40 Units/Acre
  • 7281-016-009
  • Property is zoned PD30

Additional Features

  • City Lights Views
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 14 / 92
  • Assessor Parcel Number 7281016052

Community Details

Overview

  • No Home Owners Association
  • Downtown Subdivision

Recreation

  • Bike Trail

Property Details

Property Type

Land

Lot Details

0.28 Acres

Listing Details

  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: PD30
  • Property Type: Land
  • Parcel Number: 7281016052
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 402.36

Exterior Features

  • View: City Lights

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Urban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 7281-016-009
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 12054.00
  • Lot Size Acres: 0.2767

Multi Family

  • Lot Size Area: 12054.0000 Square Feet

Tax Info

  • Tax Block: 92
  • Tax Census Tract: 5762.00
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2021
Closed on
Apr 1, 2022
Sold by
Lujan Ramon and Lujan Norma Tereza
Bought by
Merriman Aaron R
Seller's Agent
Andre Lujan
Vista Pacific Realty
Buyer's Agent
David Robles
Real Broker
List Price
$3,895,000
Sold Price
$4,850,000
Premium/Discount to List
$955,000
24.52%

Purchase Details

Closed on
Aug 23, 2017
Sold by
Lujan Irma
Bought by
Lujan Aaron Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2017
Sold by
Madan Madan A
Bought by
Madan Madan A and Madan Manju

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2017
Sold by
Madan Madan A
Bought by
Lujan Aaron Ray and Lujan Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$762,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2003
Sold by
Madan A K
Bought by
Madan A K and Madan Manju

Purchase Details

Closed on
Mar 11, 1994
Sold by
Investors Trust Deed Inc
Bought by
Madan A K and Madan Manju
Source: Public Records
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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
Merriman Aaron R $150,000 Ticor Title
Merriman Aaron R -- Ticor Title
Lujan Aaron Ray -- Old Republic Title
Madan Madan A -- Old Republic Title Co
Lujan Aaron Ray $1,525,000 Old Republic Title
Madan A K -- --
Madan A K $86,141 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lujan Aaron Ray $762,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $4,850,000 -3.0% --
04/02/2022 04/02/22 Price Changed $5,000,000 +25.0% --
03/19/2022 03/19/22 Pending -- -- --
09/10/2021 09/10/21 Price Changed $4,000,000 +5.4% --
06/16/2021 06/16/21 Price Changed $3,795,000 -2.6% --
05/23/2021 05/23/21 For Sale $3,895,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $20,027 $1,496,303 $1,485,691 $10,612
2024 $20,027 $1,466,964 $1,456,560 $10,404
2023 $19,662 $1,438,200 $1,428,000 $10,200
2022 $21,148 $1,635,106 $1,629,746 $5,360
2021 $20,467 $1,603,046 $1,597,791 $5,255
2019 $20,132 $1,555,500 $1,550,400 $5,100
2018 $19,489 $1,525,000 $1,520,000 $5,000
2017 $3,379 $198,843 $195,025 $3,818
2016 $3,183 $194,945 $191,201 $3,744
2015 $3,062 $192,017 $188,329 $3,688
2014 $3,017 $188,256 $184,640 $3,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21110637

California Regional Multiple Listing Service (CRMLS)

APN: 7281-016-052

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