Landlord's Agent in 2020
Dublin Wahlberg
Think Boutiq Real Estate
(323) 578-1732
1 in this area
42 Total Sales
402 E 1st St Unit 201 Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $2,952,505
2
Beds
2
Baths
1,600
Sq Ft
$1,845/Sq Ft
Est. Value
Highlights
- 0.09 Acre Lot
- 3-minute walk to 1St Street Station
- End Unit
- Long Beach Polytechnic High School Rated A
- Property is near public transit
- 3-minute walk to Promenade Square Park
About This Home
As of November 2020This spacious 2 bedroom, 2 bathroom East Village apartment features an open floorplan and is reminiscent of an artist's loft. Huge gourmet kitchen with stainless appliances is open to the living area with large windows and a skylight. Master suite has a private patio. Stackable washer and dryer in the unit, plenty of storage, bamboo flooring, fresh paint, and much more! Located in a trendy neighborhood with plenty of shops and restaurants and a high Walk Score of 97/100, this is truly East Village living at its finest!
Last Agent to Rent the Property
Think Boutiq Real Estate License #01755663 Listed on: 10/23/2020
Last Renter's Agent
Think Boutiq Real Estate License #01755663 Listed on: 10/23/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $35,644
Year Built
- Built in 1902
Lot Details
- 3,730 Sq Ft Lot
- End Unit
- 1 Common Wall
Home Design
- Apartment
Interior Spaces
- 1,600 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
- Suburban Location
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 3 Units
- Downtown Subdivision
Listing and Financial Details
- Security Deposit $2,800
- 12-Month Minimum Lease Term
- Available 10/20/20
- Legal Lot and Block 6 / 114
- Tax Tract Number 5760
- Assessor Parcel Number 7281025004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 28, 2025
Sold by
V & V Lp
Bought by
Creme Long Beach Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,180,000
Outstanding Balance
$2,174,360
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$803,873
Purchase Details
Closed on
May 1, 2019
Sold by
402 East First Llc
Bought by
V & V Lp
Purchase Details
Closed on
Sep 16, 2015
Sold by
Hotel D Artistes Llc
Bought by
402 East First Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,150,000
Interest Rate
3.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 13, 2005
Sold by
Paradigm Redevelopment
Bought by
Hotel Dartistes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
6.35%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 3, 2002
Sold by
Wagner Kenneth L
Bought by
Paradigm Redevelopment
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Creme Long Beach Llc | $2,650,000 | Fidelity National Title | |
| V & V Lp | $2,325,000 | Ticor Title | |
| 402 East First Llc | $2,100,000 | Ticor Title Company Of Ca | |
| Hotel Dartistes Llc | $1,312,500 | Alliance Title Company | |
| Paradigm Redevelopment | $520,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Creme Long Beach Llc | $2,180,000 | |
| Previous Owner | V & V Lp | $1,500,000 | |
| Previous Owner | V & V Lp | $1,500,000 | |
| Previous Owner | 402 East First Llc | $2,150,000 | |
| Previous Owner | Hotel Dartistes Llc | $942,000 | |
| Previous Owner | Hotel Dartistes Llc | $975,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2020 11/05/20 | Rented | $2,800 | 0.0% | -- |
| 10/23/2020 10/23/20 | For Rent | $2,800 | +7.7% | -- |
| 02/02/2016 02/02/16 | Rented | $2,600 | -3.7% | -- |
| 12/16/2015 12/16/15 | Price Changed | $2,700 | -6.9% | $2 / Sq Ft |
| 12/02/2015 12/02/15 | For Rent | $2,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $35,644 | $2,542,723 | $1,126,453 | $1,416,270 |
| 2024 | $35,644 | $2,492,866 | $1,104,366 | $1,388,500 |
| 2023 | $34,957 | $2,443,987 | $1,082,712 | $1,361,275 |
| 2022 | $32,860 | $2,396,067 | $1,061,483 | $1,334,584 |
| 2021 | $31,783 | $2,349,086 | $1,040,670 | $1,308,416 |
| 2020 | $31,636 | $2,325,000 | $1,030,000 | $1,295,000 |
| 2019 | $30,608 | $2,228,536 | $1,199,165 | $1,029,371 |
| 2018 | $29,844 | $2,184,840 | $1,175,652 | $1,009,188 |
| 2016 | $27,477 | $2,100,000 | $1,130,000 | $970,000 |
| 2015 | $19,911 | $1,492,396 | $596,958 | $895,438 |
| 2014 | $19,711 | $1,463,163 | $585,265 | $877,898 |
Source: Public Records
Agents Affiliated with this Home
-
Dublin Wahlberg
-
Coralyn Wahlberg
Seller's Agent in 2016
Coralyn Wahlberg
Think Boutiq Real Estate
(562) 999-6343
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20221368
APN: 7281-025-004
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