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1604 East 1st Street

1604 East 1st Street, Long Beach, CA 90802
Multifamily in Bixby Park
Sold Dec 31, 2020
$1,475,000
$1,030,000 by Morgan Stanley Private Bank Na
Mortgage Due Jan 01, 2052
Sold Oct 08, 2010
$1,023,000
$767,250 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2040
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1604 East 1st Street in Long Beach, CA was first built in 1919 and is 105 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a quadplex style. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1604 East 1st Street has 4,512 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 8,274 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1604 East 1st Street sold most recently in Nov 18, 2020 for a total of $1,475,000. If you work out the math, that's approximately a cost of $326.91 per sqft. Before that, the property was also sold for $1,023,000 in Sep 22, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $18,853 in taxes each year. 1604 East 1st Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,534,590. If we break it down further, the land itself was valued at $936,360. Improvements to the property, however, were assessed at a total of $598,230. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 1919
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,274
  • Total Building Area: 4,512
  • Gross Building Area: 4,512
  • Building Area: 4,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,512
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALAMITOS BEACH TOWNSITE
  • Land Acres: 0.19
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: ALAMITOS BEACH TOWNSITE LOT/SEC 7 BLK/DIV/TWN 53

Ownership

  • Current Owner : WALD JAMES CARL
  • Current Owner 2: FARIN AZADEH
  • Previous Owner : WHITNAH JOSEPH R
  • Previous Owner 2: HUANG YUNCHI C
  • Owner Before Previous Owner: HO ANDREW PO JUNG
  • Owner Before Previous Owner 2: CHIU SHE TEEN
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Long Beach Unified School District
  • Census Tract: 576602

Zoning

  • Zoning: LBR4R

Geography

  • Assessors Map Reference: 75-E6
  • Parcel: 7265-014-007
  • Block: 53
  • Lot: 7
  • Municipality: SOUTH /ALAMITOS/CARROLL
  • Latitude: 33.7659
  • Longitude: -118.173

    Address

  • Full Address: 1604 E 1st St
  • Address - House Number: 1604
  • Street Direction: E
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: CA
  • City Name: Long Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 5935
  • Zip Code: 90802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,853
  • Tax Rate Code Area: 05-500

    Appraisal Valuation

  • Standard Deviation: 0.2321
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 1,802,019
  • High Value: 2,220,434
  • Low Value: 1,383,605

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,030,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,030,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,534,590
  • Assessed Land Value: $936,360
  • Assessed Improvements Value: $598,230

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11809791557
  • Current Sale Price: $1,475,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1759825
  • Previous Sale Recording Date: Oct 08, 2010
  • Previous Sale Contract Date: Sep 22, 2010
  • Previous Sale Amount: $1,023,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $1,032,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 08, 2010
  • Previous Mortgage Loan Amount: $767,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2040

About Bixby Park



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Frequently Asked Questions

What neighborhood is 1604 East 1st Street located in?
The 1604 East 1st Street is a multifamily located in the neighborhood of Bixby Park in Bixby Park, Long Beach.
What is the average sales price for listings in 1604 East 1st Street?
The average sales price for units in 1604 East 1st Street is $0 currently.

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