NOT LISTED FOR SALE

Estimated Value: $547,000 - $785,000

1 Bed
1 Bath
813 Sq Ft
0.65 Acres

Last Sold March 18, 2021

Last sale price $650,000 $800 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,464/month

Highlights

  • 0.65 Acre Lot
  • Neighborhood Views
  • Laundry Room
  • Long Beach Polytechnic High School Rated A
  • Community Pool
  • Central Heating

About This Home

As of April 2021

Stunning Luxury Condo on The Sand with Spectacular Ocean Views!

Ocean Terrace one is a private, luxury community located on the sands of Long Beach with spectacular views of the Pacific Ocean and direct access to the beach. This gated community boasts lushly landscaped grounds, a beautiful pool, spa and sundeck, 2 tandem parking spaces, and a large private storage room.

Unit #303 is situated on the ocean front for amazing, all day ocean views from the 3rd floor, directly above the sand. for spectacular sunsets and views of the beach. The unit has been completely renovated with beautiful flooring, paint, baseboards and a renovated kitchen and bathroom. Recessed, LED dimmable lighting and ceiling fans throughout, new, solid Douglas Fir interior doors throughout and a new, solid entrance door with dual glazed, frosted glass window. The kitchen comes equipped with a stove, dishwasher & microwave oven.

Other amenities include gated entry, covered and gated parking for 2 cars, some utilities paid and pets are considered. There is a $200 HOA Move in/out fee.

Last Agent to Rent the Property

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 03/22/2021

Last Renter's Agent

David Haas

Ernst & Haas Mngmnt Co., Inc. License #01126617 Listed on: 03/22/2021

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • 0.65

Parking

  • 2 Car Garage

Interior Spaces

  • 813 Sq Ft Home
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Security Deposit $2,900
  • Rent includes gas, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/1/21
  • Tax Lot 1
  • Tax Tract Number 31853
  • Assessor Parcel Number 7265005059

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Alamitos Beach Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Dogs Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2021-04-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2900
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Dogs OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7265005059
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 813.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.68
  • Room Type: Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 28369.00
  • Lot Size Acres: 0.6513

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 28369.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1
  • Rent Includes: Gas, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 31853

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Mar 2, 2021
Sold by
Ander Trust and Ander Gregg D
Bought by
Littman Darlynne C
Seller's Agent
David Haas
Ernst & Haas Mngmnt Co., Inc.
Buyer's Agent
David Haas
Ernst & Haas Mngmnt Co., Inc.
Sold Price
$2,995
Current Estimated Value
$702,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$699,959
Avg. Annual Appreciation
1.62%

Purchase Details

Closed on
Aug 21, 2020
Sold by
Ander Gregg D and Ander Nancy J
Bought by
Ander Gregg D and Ander Nancy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Ander Gregg D and Ander Nancy J
Bought by
Ander Gregg D and Ander Nancy J

Purchase Details

Listed on
Dec 6, 2016
Closed on
Jan 10, 2017
Sold by
Spunco Llc
Bought by
Ander Gregg D and Ander Nancy Jenkins
Seller's Agent
John Correa
Excel Realty
Buyer's Agent
John Correa
Excel Realty
List Price
$529,000
Sold Price
$517,000
Premium/Discount to List
-$12,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$267,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2016
Sold by
Bauer Robert D
Bought by
Spunco Llc

Purchase Details

Closed on
Jun 7, 1996
Sold by
Federal National Mortgage Association
Bought by
Bauer Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 8, 1996
Sold by
Lomas Mtg Usa Inc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 8, 1996
Sold by
Spaw Steve L and Spaw Jane A
Bought by
Lomas Mtg Usa Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Littman Darlynne C $650,000 Orange Coast Title
Ander Gregg D -- Lawyers Title
Ander Gregg D -- Lawyers Title Oc
Ander Gregg D -- None Available
Ander Gregg D $517,000 Ticor Title Company
Spunco Llc $350,000 First American Title
Bauer Robert D $125,000 First American Title Co
Federal National Mortgage Association -- First American Title Co
Lomas Mtg Usa Inc $217,881 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ander Gregg D $254,500
Previous Owner Ander Gregg D $267,000
Previous Owner Bauer Robert D $121,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Rented $2,995 0.0% --
03/22/2021 03/22/21 For Rent $2,995 0.0% --
03/18/2021 03/18/21 Sold $650,000 +2.4% $799 / Sq Ft View Prior Sale
02/18/2021 02/18/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $634,500 +22.7% $779 / Sq Ft
02/17/2017 02/17/17 Sold $517,000 -2.3% $635 / Sq Ft View Prior Sale
12/06/2016 12/06/16 For Sale $529,000 -- $650 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,793 $703,580 $281,432 $422,148
2024 $8,793 $689,785 $275,914 $413,871
2023 $8,646 $676,260 $270,504 $405,756
2022 $8,107 $663,000 $265,200 $397,800
2021 $6,813 $554,326 $225,161 $329,165
2020 $6,796 $548,643 $222,853 $325,790
2019 $6,716 $537,886 $218,484 $319,402
2018 $6,562 $527,340 $214,200 $313,140
2016 $2,126 $175,396 $78,015 $97,381
2015 $2,042 $172,763 $76,844 $95,919
2014 $2,031 $169,380 $75,339 $94,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21058123

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-059