$860,000
SOLD SEP 5, 2025
3 Beds
1 Bath
1,002 Sq Ft
8,111 Sq Ft Lot

Recently Sold

$858 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Mark Twain Elementary School Rated A-

About This Home

As of September 2025

Charming Fixer-Upper in the heart of Lakewood Village, one of Long Beach’s most desirable neighborhoods. Nestled on a massive 8,111 sq.ft. lot, this property offers endless potential—whether you’re dreaming of expanding the current home or adding an ADU for additional living space (buyer to verify with the City of Long Beach) or income potential.
The existing 3-bedroom, 1-bathroom home spans 1,002 sq.ft. and includes a recently renovated bathroom, a long gated driveway, and a detached 1-car garage. With great bones and a prime location, this home is a perfect canvas to customize and create something truly special.
Enjoy unbeatable access to the best of Long Beach: Steps to Mayfair Park with playgrounds, sports courts, and summer concerts. Short stroll to Norse Way Village for boutique shopping and local dining. Minutes to Lakewood Center featuring Costco, Home Depot, and local beaches, marinas, and the 91, 710, and 405 freeways. This home hasn’t been on the market in decades. Don’t miss your opportunity to put down roots in a welcoming community and enjoy the best of Southern California living year-round.

Last Agent to Sell the Property

Mert Malki

ARI Financial Inc Brokerage Phone: 949-887-9449 License #01741438 Listed on: 08/07/2025

Last Buyer's Agent

Dara Chay

Sky View Real Estate License #01217793

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 8,111 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LBR1N

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Schools

  • Twain Elementary School
  • Bancroft Middle School
  • Lakewood High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 19 / G
  • Tax Tract Number 111
  • Assessor Parcel Number 7181018018
  • $417 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

8,111 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LBR1N
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7181018018
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1002.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 858.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • Elementary School: Twain
  • High School: Lakewood
  • Middle Or Junior School: Bancroft
  • Elementary School #2: TWAIN
  • High School2: LAKEWO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8111.00
  • Lot Size Acres: 0.1862

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8111.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: G
  • Tax Census Tract: 5712.02
  • Tax Lot: 19
  • Tax Tract Number: 111
  • TaxOtherAnnualAssessmentAmount: 417.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2025
Closed on
Aug 26, 2025
Sold by
Loreen Gale Ferraro Living Trust and Ferraro Loreen Gale
Bought by
Khiev Sokun Sam and Khiev Kimly Nou
Seller's Agent
Mert Malki
ARI Financial Inc
Buyer's Agent
Dara Chay
Sky View Real Estate
List Price
$890,000
Sold Price
$860,000
Premium/Discount to List
-$30,000
-3.37%
Views
15
Current Estimated Value
$876,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,762
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Jul 17, 2012
Sold by
Ferraro Loreen Gale
Bought by
Ferraro Loreen Gale and Loreen Gale Ferraro Living Trust

Purchase Details

Closed on
Oct 27, 2009
Sold by
Shahon Loreen Gale
Bought by
Shahon Loreen Gale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5%
Mortgage Type
New Conventional
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

Date Type Sale Price Title Company
Grant Deed $860,000 California Best Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 Sold $860,000 -3.4% $858 / Sq Ft
08/13/2025 08/13/25 Pending -- -- --
08/07/2025 08/07/25 For Sale $890,000 -- $888 / 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 $2,306 $154,649 $90,368 $64,281
2024 $2,306 $151,618 $88,597 $63,021
2023 $2,266 $148,646 $86,860 $61,786
2022 $2,135 $145,732 $85,157 $60,575
2021 $2,087 $142,876 $83,488 $59,388
2019 $2,057 $138,640 $81,012 $57,628
2018 $1,935 $135,923 $79,424 $56,499
2016 $1,780 $130,647 $76,341 $54,306
2015 $1,714 $128,686 $75,195 $53,491
2014 $1,710 $126,167 $73,723 $52,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25174811

California Regional Multiple Listing Service (CRMLS)

APN: 7181-018-018

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