tomo logo

$875,000

Beds
2
Baths
2.0
sq ft
2,244

835 Locust Ave Unit 417, Long Beach, CA 90813

835 Locust Ave Unit 417

Long Beach, CA 90813

  • Pending
Located in Long Beach's 1927 Historic Masonic Temple building, this loft offers over 2200 square feet of living space, all on a single level. Enter through the building's grand lobby, considered one of the city's architectural treasures, and into this spacious loft that combines historic charm with modern renovations. The floorplan offers one of the most unique and functional layouts, with the living room/kitchen/dining room in the center and two generously sized bedrooms located on opposite wings. Rarely will you find a loft this wide open yet still offering areas with a high level of privacy. Recently renovated, this loft offers several unique features such as custom designed kitchen cabinets, quartz countertops, commercial grade appliances, a large waterfall island countertop, and built in cabinets for ample storage. A second full bathroom was recently added and the original bathroom was renovated, both with dual sinks and designer tiles. For a great night's sleep in the primary bedroom suite, there are remote controlled motorized shades and additional blackout shades. The original brick wall with large windows and a sliding door lead to the wide balcony, allowing you to relax outside without having to leave home. Custom steel partitions define multiple spaces but also maintain the airy feeling along with the high concrete ceilings. The inside laundry closet houses the stacked washer/dryer and adds even more storage space. In addition, this unit comes with a secured large storage cage in the basement and two deeded side by side parking spaces with EV plug in. The building offers many amenities including a gym, billiard room, outdoor patio with a large eating/sitting area, two BBQs, a firepit with lounge seating, secured visitor parking, and on-site management. This landmark building is located near downtown Long Beach and is walking distance to restaurants, shops, entertainment, the Arts District, the aquarium, the convention center, Shoreline Village, the pier, the marina, and the beach. It is also conveniently close to the metro and other public transportation and is centrally located for commutes to both LA and OC.

Details

Property type

Est. home value

$959,271

Lot size

1.0598 acres

Price per sq ft

$390

Year built

2005

Monthly HOA fee

$701.22

Price History

11/16/2024
CRMLS

CRMLS #SB24207429

Pending
$875,000
10/26/2024
CRMLS

CRMLS #SB24207429

Listed
$875,000
10/26/2024
CRMLS

CRMLS #SB24207429

Removed
$875,000

Schools & Community

Neighborhood: 

Willmore City

Elementary school: 

Long Beach

Middle school: 

Long Beach

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Long Beach Unified

Number of units in community: 

83

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

$141,596
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$663,404
Cash to seller
$141,596

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

Seller’s Loan History

Lender

Personal Re Services Inc

Loan start date

March 2022

Original loan amount

$700,000

Est. remaining balance

$663,404

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Joshua Amstone and Jennifer Amstone

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: Pending/Under Contract

Tomo last checked: 11/24/2024 at 8:15 PM

Listing updated: 11/15/2024 at 5:35 PM

Listed by: Debra Kahookele, Vylla Home, Inc Phone #: (562) 480-9884

MLS: CRMLS #SB24207429

CRMLS logo

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