NOT LISTED FOR SALE

West Ocean Towers 400 W Ocean Blvd Unit 2 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $1,348,373

-- Bed
-- Bath
1,930 Sq Ft
$699/Sq Ft Est. Value

About This Home

This home is located at 400 W Ocean Blvd Unit 2, Long Beach, CA 90802 and is currently estimated at $1,348,373, approximately $698 per square foot. 400 W Ocean Blvd Unit 2 is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2016
Sold by
Omar Issam Osman
Bought by
Genesis Investment Properties Llc
Current Estimated Value
$1,348,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$546,733
Outstanding Balance
$444,647
Interest Rate
3.41%
Mortgage Type
Commercial
Estimated Equity
$911,844

Purchase Details

Closed on
Oct 27, 2010
Sold by
Razaghi Kamran
Bought by
Trucap Reo Corp

Purchase Details

Closed on
Jan 11, 2010
Sold by
Razaghi Kamran
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 24, 2008
Sold by
Omar Issam Osman
Bought by
The Revocable Living Trust Of Issam Osma

Purchase Details

Closed on
Apr 23, 2008
Sold by
Bauguess Nancy C
Bought by
Omar Issam Osman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,604
Interest Rate
6.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2008
Sold by
Viewcor Long Beach I Lp
Bought by
Omar Issam Osman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,604
Interest Rate
6.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Genesis Investment Properties Llc $875,000 Ticor Title
Trucap Reo Corp $420,000 Accommodation
Wells Fargo Bank Na $470,000 Accommodation
The Revocable Living Trust Of Issam Osma -- None Available
Omar Issam Osman -- Fidelity National Title Co
Omar Issam Osman $707,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genesis Investment Properties Llc $546,733
Closed Genesis Investment Properties Llc $437,387
Closed Genesis Investment Properties Llc $451,000
Previous Owner Revocable Living Trust $440,000
Previous Owner Omar Issam Osman $488,604
Source: Public Records

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 $13,158 $1,010,360 $369,792 $640,568
2023 $12,932 $990,550 $362,542 $628,008
2022 $12,132 $971,129 $355,434 $615,695
2021 $12,674 $952,088 $348,465 $603,623
2019 $12,288 $910,350 $338,130 $572,220
2018 $12,011 $892,500 $331,500 $561,000
2016 $10,216 $784,691 $233,010 $551,681
2015 $9,810 $772,905 $229,510 $543,395
2014 $9,713 $757,766 $225,015 $532,751
Source: Public Records

About West Ocean Towers

Map

California Los Angeles County Long Beach 90802 Downtown

400 W Ocean Blvd Unit 2, Long Beach, CA

This home is located at 400 W Ocean Blvd Unit 2, Long Beach, CA 90802 and is currently estimated at $1,348,373, approximately $698 per square foot. 400 W Ocean Blvd Unit 2 is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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