NOT LISTED FOR SALE

425 E Ocean Blvd Unit 240 Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $605,000 - $714,000

2 Beds
2 Baths
1,171 Sq Ft
8,899 Sq Ft Lot Lot

Sale Details

Date Sold: September 28, 2021

Last sale price $595,000 $508 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,753 / mo

23 Days on Market

Highlights

  • Primary Bedroom Suite
  • 4-minute walk to 1St Street Station
  • 0.2 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Gated Community
  • 5-minute walk to Promenade Square Park

About This Home

As of September 2021

Amazing East Village turnkey 2 bedroom, 2 bath condo with BONUS ROOM AND 2 CAR GARAGE! Welcome to 425 E. Ocean, this is a small unit building that's big on features. Walk in and notice the beautiful flooring, remodeled kitchen with quartz counters, beverage frig, dining area, breakfast nook, living room with fireplace, patio off the living room area, plus inside full sized laundry. Don't forget the BONUS room that can easily be used as a 3rd bedroom, workout room, home office or you name it! All this and a private tandem 2 car garage and storage space off the garage. HOA covers internet, premium cable including HBO, gated guest parking, water, sewer and trash. A short walk to the beach and bike path, and walkable to shops, restaurants, 4th St and close to the Blue Line. This one has it all!

Last Agent to Sell the Property

Tina Burke

eXp Realty of California Inc License #01838777 Listed on: 07/29/2021

eXp Realty of California Inc

Last Buyer's Agent

Deborah Leisher

Independent Properties License #01464657

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $496 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available
  • Tandem Garage

Home Design

  • Turnkey

Interior Spaces

  • 1,171 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 44766
  • Assessor Parcel Number 7281025250

Community Details

Overview

  • 15 Units
  • 425 E. Ocean Association, Phone Number (562) 494-4455
  • Paragon HOA
  • Downtown Subdivision

Recreation

  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

8,899 Sq Ft Lot

HOA Fees

$496 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBCB
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281025250
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1171.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 508.11
  • Room Type: All Bedrooms Down, Bonus Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Cable TV, Trash, Sewer, Water, Pets Permitted, Controlled Access
  • Association Fee: 496.00
  • Association Fee Frequency: Monthly
  • Association Name: 425 E. Ocean
  • Phone: 5624944455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Sidewalks, Urban
  • Association Management: Paragon

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 8899.00
  • Lot Size Acres: 0.2043

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8899.0000 Square Feet
  • Number Of Units In Community: 15
  • Number Of Units Total: 14

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 44766

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 5, 2020
Sold by
Okoya Koren Susannah Tariere and Okoya Koren James
Bought by
Jacobs Daniel Warren
Seller's Agent
James Stinnett
Right Move Real Estate
Buyer's Agent
Tina Burke
eXp Realty of California Inc
List Price
$539,000
Sold Price
$534,000
Premium/Discount to List
-$5,000
-0.93%
Current Estimated Value
$657,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,565
Avg. Annual Appreciation
3.35%
Original Mortgage
$427,200
Outstanding Balance
$377,448
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$278,410

Purchase Details

Closed on
Jul 15, 2015
Sold by
Okoya Koren Sussanah Tariere
Bought by
The Okoya Koren Family Trust

Purchase Details

Listed on
Mar 6, 2013
Closed on
Apr 4, 2013
Sold by
Koren James Rufus
Bought by
Okoya Susannah
Seller's Agent
Shannon Jones
Keller Williams Pacific Estate
Buyer's Agent
Mfanisi Norman
Keller Williams Pacific Estate
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$341,050
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 6, 2013
Closed on
Mar 13, 2013
Sold by
Gutierrez Gilbert and Gutierrez Frances
Bought by
Okoya Susannah
Seller's Agent
Shannon Jones
Keller Williams Pacific Estate
Buyer's Agent
Mfanisi Norman
Keller Williams Pacific Estate
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,050
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2003
Sold by
Guillen Tony Jess
Bought by
Gutierrez Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 1995
Sold by
Emc Mtg Corp
Bought by
Guillen Tony Jess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,900
Interest Rate
9.27%

Purchase Details

Closed on
Aug 20, 1993
Sold by
California Loan Partners Lp
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Jacobs Daniel Warren $534,000 Chicago Title Company
The Okoya Koren Family Trust -- None Available
Okoya Koren Susannah Tariere -- None Available
Okoya Susannah -- Chicago Title Company
Okoya Susannah $359,000 Chicago Title Company
Gutierrez Gilbert $344,000 Lawyers Title
Guillen Tony Jess $90,000 Fidelity National Title Ins
Emc Mtg Corp -- --
California Loan Partners Lp -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Jacobs Daniel Warren $427,200
Previous Owner Okoya Susannah $341,050
Previous Owner Gutierrez Gilbert $275,200
Previous Owner Guillen Tony Jess $80,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2021 09/28/21 Sold $595,000 0.0% $508 / Sq Ft
08/21/2021 08/21/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $595,000 +11.4% $508 / Sq Ft
03/05/2020 03/05/20 Sold $534,000 -0.9% $456 / Sq Ft View Prior Sale
01/31/2020 01/31/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $539,000 +50.1% $460 / Sq Ft
04/12/2013 04/12/13 Sold $359,000 0.0% $307 / Sq Ft View Prior Sale
03/12/2013 03/12/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $359,000 -- $307 / Sq Ft
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 $8,301 $631,417 $249,383 $382,034
2024 $7,939 $619,038 $244,494 $374,544
2023 $7,802 $606,900 $239,700 $367,200
2022 $7,401 $595,000 $235,000 $360,000
2021 $6,723 $539,532 $202,072 $337,460
2020 $5,062 $404,223 $122,729 $281,494
2019 $5,000 $396,298 $120,323 $275,975
2018 $4,883 $388,528 $117,964 $270,564
2016 $4,488 $373,442 $113,384 $260,058
2015 $4,307 $367,833 $111,681 $256,152
2014 $4,274 $360,629 $109,494 $251,135
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21165436

California Regional Multiple Listing Service (CRMLS)

APN: 7281-025-250

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