NOT LISTED FOR SALE

Estimated Value: $540,000 - $700,000

1 Bed
1 Bath
816 Sq Ft
$545/mo HOA Fee

Last Sold September 01, 2023

Last sale price $580,000 $711 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,342/month

12 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • In Ground Pool
  • Long Beach Polytechnic High School Rated A
  • Property has ocean access
  • Updated Kitchen

About This Home

As of September 2023

Welcome to paradise by the beach! This stunning condo offers the epitome of coastal living with direct beach access and mesmerizing views of the iconic Queen Mary and Marina. Fully upgraded and thoughtfully designed, this home exudes modern elegance and comfort. Step inside to discover polished concrete floors that complement the open concept layout, creating a seamless flow from room to room. The kitchen is a chef's dream, featuring top-of-the-line Bosch stainless steel appliances and a convenient breakfast bar, perfect for casual dining or entertaining guests. The bathroom has been fully upgraded with tiled walls, bathtub and a custom-made glass sliding door. Nestled within the building complex, you'll and array of amenities that include a pool & spa, and a community clubhouse complete with a sauna. The unit comes with 2 assigned parking spaces and 2 large lockers for extra storage.

Last Agent to Sell the Property

Scott Kato

Circle Real Estate License #01363148 Listed on: 07/25/2023

Circle Real Estate

Co-Listed By

William Shum

Circle Real Estate License #02067662

Last Buyer's Agent

Kendra Miller

Keller Williams Coastal Prop. License #01396646

Keller Williams Coastal Prop.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $545 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Covered Parking
  • Automatic Gate
  • Assigned Parking

Property Views

  • Ocean
  • Marina

Home Design

  • Entry on the 5th floor
  • Turnkey

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Concrete Flooring
  • Home Security System
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Pool

  • In Ground Pool
  • In Ground Spa

Schools

  • Stevenson Elementary School
  • Franklin Middle School
  • Polytechnic High School

Additional Features

  • Property has ocean access
  • Urban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31853
  • Assessor Parcel Number 7265005039
  • $224 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 44 Units
  • Ocean Terrace Complex Association, Phone Number (310) 543-1995
  • Horizon Mgmt HOA
  • Ocean Terrace Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

0

HOA Fees

$545 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Security System
  • Subdivision Name Other: Ocean Terrace (OCT)
  • View: Yes
  • Zoning: LBPD5
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265005039
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 816.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 5
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 710.78
  • Room Type: Kitchen, Living Room
  • Spa Features: Association, In Ground
  • Bathroom Features: Shower In Tub, Linen Closet/Storage, Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • View: Marina, Ocean
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Recreation Room, Storage, Electricity, Gas, Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Pet Rules, Pets Permitted, Call for Rules, Security, Controlled Access
  • Association Fee: 545.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Terrace Complex
  • Phone: 310.543.1995
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Horizon Mgmt

Schools

  • Elementary School: Stevenson
  • High School: Polytechnic
  • Middle Or Junior School: Franklin
  • Elementary School #2: STEVEN
  • High School2: POLYTE

Lot Info

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

Multi Family

  • Lease Considered: No
  • Lot Size Area: 28369.0000 Square Feet
  • Number Of Units In Community: 44
  • Number Of Units Total: 44
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 31853
  • TaxOtherAnnualAssessmentAmount: 224.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 10, 2023
Sold by
Jeffrey R Record Revocable Trust
Bought by
Lee Julian David
Seller's Agent
Scott Kato
Circle Real Estate
Buyer's Agent
Kendra Miller
Keller Williams Coastal Prop.
List Price
$579,900
Sold Price
$580,000
Premium/Discount to List
$100
0.02%
Views
208
Current Estimated Value
$611,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,452
Avg. Annual Appreciation
2.22%
Original Mortgage
$406,000
Outstanding Balance
$395,083
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$216,369

Purchase Details

Closed on
Jun 29, 2018
Sold by
Record Jeffrey Richard
Bought by
Record Jeffrey R and Jeffrey R Record Revocable Trust

Purchase Details

Listed on
Jul 19, 2013
Closed on
Jul 25, 2013
Sold by
Hahir Bernard P
Bought by
Record Jeffrey Richard
Seller's Agent
Michael Robinson
Broadmoor Realty, Inc.
Buyer's Agent
Stuart Yormak
Trends RE Inc.
List Price
$339,000
Sold Price
$345,000
Premium/Discount to List
$6,000
1.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$276,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2004
Sold by
Hehir Bernard P
Bought by
Hehir Bernard P and Bernard P Hehir Revocable Trust
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
Lee Julian David $580,000 Fidelity National Title
Record Jeffrey R -- None Available
Record Jeffrey Richard $345,000 North American Title Company
Hehir Bernard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Julian David $406,000
Previous Owner Record Jeffrey Richard $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2023 09/01/23 Sold $580,000 0.0% $711 / Sq Ft
07/25/2023 07/25/23 For Sale $579,900 +68.1% $711 / Sq Ft
08/23/2013 08/23/13 Sold $345,000 +1.8% $423 / Sq Ft View Prior Sale
07/24/2013 07/24/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $339,000 -- $415 / 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 $7,432 $591,600 $420,138 $171,462
2024 $7,432 $580,000 $411,900 $168,100
2023 $5,203 $406,489 $258,504 $147,985
2022 $4,880 $398,520 $253,436 $145,084
2021 $4,782 $390,707 $248,467 $142,240
2019 $4,711 $379,121 $241,099 $138,022
2018 $4,599 $371,688 $236,372 $135,316
2016 $4,230 $357,257 $227,195 $130,062
2015 $4,058 $351,892 $223,783 $128,109
2014 $4,028 $345,000 $219,400 $125,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23137046

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-039