NOT LISTED FOR SALE

529 W 4th St Long Beach, CA 90802

West Village Neighborhood

Estimated Value: $1,321,000 - $1,624,000

9 Beds
6 Baths
3,812 Sq Ft
$380/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2021

Last sale price $1,250,000 $328 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,113 / mo

About This Home

This well priced and well located 4 unit property - currently configured as 5 units - is located in Long Beach, California only a few blocks from the Promenade, Pine Street Eateries, the Convention Center and the Pike outdoor shopping complex. The 5 unit property is comprised of 2 separate structures on a large 7497 SF lot. The front structure is a pre-craftsman house with 3 bedrooms/2bth, built in 1900.  The rear building is 1960-era construction and consists of 2 units with 2-Bedroom/1-Bth and 2 units with 1-Bedroom/1-Bth. All units are separately metered for gas and electricity. Front house was upgraded to newer plumbing and electricity in the 2000's. Both structures have newer roofs. This building is located two blocks away from the Long Beach Courthouse and walking distance to World Trade Center Long Beach and DTLB amenities. Tenants have convenient access to freeways as well as shops and restaurants. Coastal Long Beach has high demand and low vacancy rates. The city is currently investing in major redevelopment along with the Long Beach Port which is undergoing a $4 billion development. In addition, the $400 million Deukmajian Court House (Long Beach Courthouse) was completed in 2018. These factors, among many others, make this an excellent opportunity. Upside in the rents and amazing location! Don't miss this great investment opportunity in a dense rental market with low vacancy rate and strong income. Property address: 527 - 529 W 4th Street.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2016
Sold by
Ray Theresa K
Bought by
Ray Lance and Ray Theresa K
Current Estimated Value
$1,447,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,000
Outstanding Balance
$435,634
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,012,138

Purchase Details

Listed on
Oct 23, 2013
Closed on
Oct 1, 2013
Sold by
Ray Lance
Bought by
Ray Theresa K
Seller's Agent
Eileen Rivera
GE Dean and Associates
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$755,000
Sold Price
$755,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Nov 1, 2010
Sold by
Hebish Nady
Bought by
Shahid Jehan Alfie

Purchase Details

Closed on
Oct 19, 2010
Sold by
Us Bank National Association
Bought by
Shahid Jehan Alfie

Purchase Details

Closed on
Apr 25, 2009
Sold by
Le Truong
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 21, 2001
Sold by
Hud
Bought by
Le Truong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
7.09%

Purchase Details

Closed on
Jun 9, 2000
Sold by
Orozco Veronica and Gonzalez Francisco J
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Apr 24, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jan 6, 1997
Sold by
Orozco Veronica and Gonzalez Francisco J
Bought by
Gomez Teresa

Purchase Details

Closed on
Aug 2, 1996
Sold by
Delezma Maria
Bought by
Orozco Veronica and Gonzalez Francisco J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,629
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 1996
Sold by
Albright Beatrice
Bought by
Delzema Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,629
Interest Rate
8.2%
Mortgage Type
FHA
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
Ray Lance -- Ticor Title Co
Ray Theresa K -- Chicago Title Company
Ray Theresa K $755,000 Chicago Title Company
Shahid Jehan Alfie -- First American Title Company
Shahid Jehan Alfie $470,004 First American Title Company
Us Bank National Association $495,000 Accommodation
Le Truong $229,000 First Southwestern Title Co
Countrywide Home Loans Inc $251,911 Landsafe Title
Hud -- Landsafe Title
Gomez Teresa -- --
Orozco Veronica $247,000 Commonwealth Land Title Co
Delzema Maria $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Lance $547,000
Previous Owner Le Truong $183,000
Previous Owner Orozco Veronica $237,629
Previous Owner Delzema Maria $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2021 09/13/21 Sold $1,250,000 -3.8% $328 / Sq Ft View Prior Sale
05/18/2021 05/18/21 For Sale $1,299,000 +72.1% $341 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
10/25/2013 10/25/13 Sold $755,000 0.0% $198 / Sq Ft View Prior Sale
10/25/2013 10/25/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $755,000 -- $198 / Sq Ft

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 $17,879 $1,326,509 $859,578 $466,931
2024 $17,122 $1,300,500 $842,724 $457,776
2023 $16,837 $1,275,000 $826,200 $448,800
2022 $15,810 $1,250,000 $810,000 $440,000
2021 $11,080 $855,037 $600,226 $254,811
2020 $11,050 $846,271 $594,072 $252,199
2019 $10,923 $829,678 $582,424 $247,254
2018 $10,537 $813,410 $571,004 $242,406
2016 $9,686 $781,826 $548,832 $232,994
2015 $9,302 $770,084 $540,589 $229,495
2014 $9,249 $755,000 $530,000 $225,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Eileen Rivera

    GE Dean and Associates

    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Grace Olson

    Coldwell Banker Envision

    (562) 980-2946

    1 in this area

    27 Total Sales

    Grace Olson
    Section Image
  • Anthony Walker

    Buyer's Agent in 2021

    Anthony Walker

    Buckingham Investments, Inc

    (310) 982-7055

    3 in this area

    85 Total Sales

    Anthony Walker
    Section Image
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Map

California Los Angeles County Long Beach 90802 West Village

529 W 4th St, 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.

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