Mark Simpson sold a four-bedroom, four-bath home at 416 W. Eighth St., in Long Beach, to California Resources Long Beach Inc. for $26,000 on Feb. 25.

The 1,918-square-foot home last sold for $655,000 in November 2005. It is located in the Downtown Long Beach neighborhood of Long Beach.

According to BlockShopper, there have been 3,762 home sales in Long Beach during the past 12 months with a median sale price of $420,000.

Address: 416 West 8th Street
Buyer(s): California Resources Long Beach Inc.
Seller(s): Mark Simpson
Sale date: Feb. 25, 2015