tomo logo

$289,000

Beds
1
Baths
1.0
sq ft
471

1450 Locust Ave Unit 221, Long Beach, CA 90813

1450 Locust Ave Unit 221

Long Beach, CA 90813

  • 4 days on market
Great Complex in the heart of Long Beach. This 2nd floor unit features a spacious 1 bedroom, 1 bath with A/C and balcony. Units open up to a nice courtyard area and there is a large community laundry on each side of the complex for convenience. The complex offers gated parking, key fob access, association pool, and beautifully maintained grounds. Close to beach, parks, restaurants, Pine Street, Belmont Shore, shopping, freeways, and schools. This contemporary style condominium is a great fit for a small family, roommates, first time home buyers, and commuters. Come be part of all Downtown Long Beach has to offer and more, this home is for you!

Details

Property type

Condominium

Est. home value

$301,102

Lot size

0.506 acres

Price per sq ft

$614

Year built

1990

Monthly HOA fee

$235

Price History

12/30/2024
CRMLS

CRMLS #PW24255619

Listed
$289,000
+14.23%
05/27/2022
CRMLS

CRMLS #OC22068999

Sold
$253,000

Schools & Community

Neighborhood: 

Washington School

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

93

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$73,556
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$192,324
Cash to seller
$73,556

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

April 2022

Original loan amount

$202,400

Est. remaining balance

$192,324

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Crisaner Xicotencatl

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/02/2025 at 7:40 PM

Listing updated: 01/01/2025 at 1:28 PM

Listed by: Jason Davila, R.E.D. Real Estate Downtown Phone #: (256) 573-3733

MLS: CRMLS #PW24255619

CRMLS logo

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