NOT LISTED FOR SALE

425 E Ocean Blvd Unit 320 Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $647,000 - $678,000

2 Beds
2 Baths
1,245 Sq Ft
8,899 Sq Ft Lot Lot

Sale Details

Date Sold: May 25, 2017

Last sale price $477,500 $384 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,009 / mo

110 Days on Market

Highlights

  • Gated Parking
  • 4-minute walk to 1St Street Station
  • Wood Flooring
  • Long Beach Polytechnic High School Rated A
  • 8,899 Sq Ft lot
  • 5-minute walk to Promenade Square Park

About This Home

As of May 2017

Rarely on the market! Spacious condo in the trendy East Village Arts district! Walking distance to the beach and variety of coffee shops, bars, restaurants and entertainment. The condo has 2 master suites, a separate den/office, living room with a gas burning fireplace, dining area, custom hardwood floors, large private balcony and a huge storage closet. Washer and dryer are in the unit. The front door faces east and overlooks a beautiful courtyard with a fountain. The HOA dues include water, hot water, sewer, trash, TV/internet service provided by Frontier and maintenance of the common areas.

Last Agent to Sell the Property

Kent Ashcraft

Realty Gratitude Corporation License #01949765 Listed on: 01/04/2017

Last Buyer's Agent

Angela Jakum

License #01899415

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 8,899

HOA Fees

  • $474 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Guest Parking
  • Off-Site Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor
  • Stucco

Interior Spaces

  • 1,245 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Laundry closet

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 7281-025-253

Community Details

Overview

  • Association fees include cable TV, maintenance paid, sewer, trash, water and sewer paid, water
  • 15 Units
  • Association Phone (562) 494-4455
  • Low-Rise Community

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

8,899 Sq Ft Lot

HOA Fees

$474 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: 425 E Ocean
  • Entry Floor: 3
  • Living Area: 1245
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Year Built: 1989
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Ceramic Tile, Hardwood, Mixed
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Ceramic Counters, Galley Kitchen
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 392.77

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Gated, Offsite, Parking for Guests - Onsite

Utilities

  • Cooling: Central
  • Heating: Central, Fireplace
  • Security: Fire and Smoke Detection System, Gated

Association/Amenities

  • Amenities: Assoc Pet Rules, Elevator, Guest Parking, Hot Water
  • Pet Rules: Assoc Pet Rules, Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Cable TV, Maintenance Paid, Sewer, Trash, Water and Sewer Paid, Water
  • HOA Fees: 474.44
  • Phone: 562 494-4455 X 1
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 7281-025-253
  • Geocode Override: No
  • Lot Size Area: 8899

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2017
Closed on
May 19, 2017
Sold by
Spann Michael F
Bought by
Peretti Francesca and St Romain Samuel Joseph
Seller's Agent
Kent Ashcraft
Realty Gratitude Corporation
Buyer's Agent
Angela Jakum
List Price
$489,000
Sold Price
$477,500
Premium/Discount to List
-$11,500
-2.35%
Current Estimated Value
$723,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,247
Avg. Annual Appreciation
3.79%
Original Mortgage
$424,100
Outstanding Balance
$349,097
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$318,760

Purchase Details

Closed on
Aug 21, 2003
Sold by
Spann Michael F
Bought by
Spann Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 11, 2001
Sold by
Mccoy Melissa M
Bought by
Spann Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peretti Francesca $477,500 Old Republic Title Company
Spann Michael F -- United Title Company
Spann Michael F $229,000 Commonwealth Land Title Co
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 Peretti Francesca $424,100
Previous Owner Spann Michael F $225,000
Previous Owner Spann Michael F $183,200
Closed Spann Michael F $22,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2017 05/25/17 Sold $477,500 -2.4% $384 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $489,000 +2.4% $393 / Sq Ft
03/01/2017 03/01/17 Off Market $477,500 -- --
02/23/2017 02/23/17 Price Changed $489,000 -2.0% $393 / Sq Ft
01/04/2017 01/04/17 For Sale $499,000 -- $401 / Sq Ft
Source: The MLS

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 $7,332 $554,174 $221,089 $333,085
2024 $7,010 $543,308 $216,754 $326,554
2023 $6,889 $532,655 $212,504 $320,151
2022 $6,463 $522,212 $208,338 $313,874
2021 $6,317 $511,973 $204,253 $307,720
2019 $6,221 $496,790 $198,196 $298,594
2018 $6,078 $487,050 $194,310 $292,740
2016 $3,021 $246,203 $74,459 $171,744
2015 $2,898 $242,506 $73,341 $169,165
2014 $2,878 $237,757 $71,905 $165,852
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kent Ashcraft

    Realty Gratitude Corporation

  • A

    Buyer's Agent in 2017

    Angela Jakum

See All Agents

Map

Source: The MLS

MLS Number: 16-187408

The MLS

APN: 7281-025-253

California Los Angeles County Long Beach 90802 East Village

425 E Ocean Blvd Unit 320, Long Beach, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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