Landlord's Agent in 2022
Dublin Wahlberg
Think Boutiq Real Estate
(323) 578-1732
1 in this area
41 Total Sales
402 E 1st St Long Beach, CA 90802
East Village NeighborhoodEstimated Value: $2,952,505
2
Beds
2.5
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 2022This spacious 2 bedroom, 2 bathroom East Village apartment features an open floorplan, 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! Water and trash fees are included in the lease. Located in a the trendy Arts Village 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: 09/29/2022
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
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Location
- Property is near public transit
- Urban Location
Utilities
- Central Air
Community Details
- Property has a Home Owners Association
- 3 Units
- Downtown Subdivision
Listing and Financial Details
- Security Deposit $3,130
- Rent includes sewer, trash collection
- 12-Month Minimum Lease Term
- Available 9/29/22
- 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
$778,145
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 |
|---|---|---|---|---|
| 11/07/2022 11/07/22 | Rented | $3,090 | +3.3% | -- |
| 10/29/2022 10/29/22 | Under Contract | -- | -- | -- |
| 10/24/2022 10/24/22 | Price Changed | $2,990 | -4.5% | $2 / Sq Ft |
| 10/05/2022 10/05/22 | For Rent | $3,130 | 0.0% | -- |
| 09/30/2022 09/30/22 | Off Market | $3,130 | -- | -- |
| 09/29/2022 09/29/22 | For Rent | $3,130 | +56.5% | -- |
| 04/13/2020 04/13/20 | Rented | $2,000 | 0.0% | -- |
| 03/28/2020 03/28/20 | Under Contract | -- | -- | -- |
| 03/16/2020 03/16/20 | For Rent | $2,000 | -- | -- |
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
-
Kelsey Dudley
Landlord's Co-Listing Agent in 2022
Kelsey Dudley
CMC Realty & Lending
(559) 303-2121
1 in this area
13 Total Sales
-
Sara Legrand
S
Tenant's Agent in 2022
Sara Legrand
Surterre Properties Inc.
(949) 717-7100
40 Total Sales
-
Coralyn Wahlberg
Seller's Agent in 2020
Coralyn Wahlberg
Think Boutiq Real Estate
(562) 999-6343
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22212020
APN: 7281-025-004
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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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