NOT LISTED FOR SALE

402 E 1st St Unit 202 Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $2,552,110

1 Bed
1 Bath
800 Sq Ft
$3,190/Sq Ft Est. Value

Highlights

  • 0.09 Acre Lot
  • 3-minute walk to 1St Street Station
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Corner Lot
  • 3-minute walk to Promenade Square Park

About This Home

As of November 2024

Experience urban living at its finest in this expansive 1-bedroom, 1-bathroom apartment in the heart of East Village. The open-concept design effortlessly connects the gourmet kitchen—featuring sleek stainless steel appliances and gleaming granite countertops—to the bright and airy living space. Large windows, a skylight, and your own private patio invite an abundance of natural light, perfect for relaxing or entertaining. With in-unit laundry, ample storage, and fresh paint throughout, this home is move-in ready. Nestled in a vibrant neighborhood full of eclectic shops and dining, including a charming crepe café just steps away, and boasting a near-perfect. Walk Score of 96/100, this is your opportunity to live the quintessential East Village lifestyle.

Last Agent to Rent the Property

Dublin Wahlberg

Think Boutiq Real Estate Brokerage Phone: 323-578-1732 License #01755663 Listed on: 10/09/2024

Last Renter's Agent

Dublin Wahlberg

Think Boutiq Real Estate Brokerage Phone: 323-578-1732 License #01755663 Listed on: 10/09/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1902

Lot Details

  • 3,730 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Urban Location
  • No Heating

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Security Deposit $2,350
  • Rent includes gas, water
  • Available 10/11/24
  • Legal Lot and Block 6 / 114
  • Tax Tract Number 5760
  • Assessor Parcel Number 7281025004

Property Details

Home Type

Multi-Family

Year Built

Built in 1902

Lot Details

3,730 Sq Ft Lot

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-10-11
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Security: 2350
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBPD30
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 7281025004
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 800.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One, Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.81
  • Room Type: Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3730.00
  • Lot Size Acres: 0.0856

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 3730.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1
  • Rent Includes: Gas, Water

Tax Info

  • Tax Block: 114
  • Tax Census Tract: 5760.01
  • Tax Lot: 6
  • Tax Tract Number: 5760

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
$2,552,110

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
$2,171,517
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$380,593

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

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 Hotel Dartistes Llc $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2024 11/30/24 Rented $2,250 0.0% --
11/14/2024 11/14/24 Price Changed $2,250 -4.3% $3 / Sq Ft
10/09/2024 10/09/24 For Rent $2,350 +4.4% --
02/26/2024 02/26/24 Rented $2,250 0.0% --
02/05/2024 02/05/24 Under Contract -- -- --
01/13/2024 01/13/24 For Rent $2,250 +12.5% --
04/21/2021 04/21/21 Rented $2,000 -2.4% --
02/27/2021 02/27/21 For Rent $2,050 +2.5% --
02/28/2020 02/28/20 Rented $2,000 0.0% --
02/21/2020 02/21/20 Under Contract -- -- --
02/05/2020 02/05/20 Price Changed $2,000 -4.8% $3 / Sq Ft
01/02/2020 01/02/20 For Rent $2,100 -- --
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 $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

    Landlord's Agent in 2024

    Dublin Wahlberg

    Think Boutiq Real Estate

    (323) 578-1732

    1 in this area

    38 Total Sales

    Dublin Wahlberg
    Section Image
  • Cynthia Hesketh

    Buyer's Agent in 2021

    Cynthia Hesketh

    Think Boutiq Real Estate

    (562) 999-6343

    9 Total Sales

    Cynthia Hesketh
    Section Image
  • Coralyn Wahlberg

    Seller's Agent in 2020

    Coralyn Wahlberg

    Think Boutiq Real Estate

    (562) 999-6343

    1 Total Sale

    Coralyn Wahlberg
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24210039

California Regional Multiple Listing Service (CRMLS)

APN: 7281-025-004

California Los Angeles County Long Beach 90802 East Village

402 E 1st St Unit 202, Long Beach, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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