NOT LISTED FOR SALE

Estimated Value: $322,000 - $375,000

-- Bed
1 Bath
490 Sq Ft
$317/mo HOA Fee

Last Sold February 28, 2023

Last sale price $310,000 $633 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,582/month

49 Days on Market

Highlights

  • Panoramic View
  • Gated Community
  • Midcentury Modern Architecture
  • Long Beach Polytechnic High School Rated A
  • 0.52 Acre Lot
  • Community Pool

About This Home

As of February 2023

11th floor studio with breathtaking mountain views, City of Los Angeles and Hollywood sign. A wall of glass welcomes you into your new home. The view will stop you in your tracks! The Large living and dining areas are next to the windows to get the benefit of the views. Bright and airy galley kitchen with electric appliances and a combo washer and dryer. Clean lines in the updated bathroom. The unit has a large closet and a storage locker located on the ground floor. The community offers a heated Pool, Patio, indoor laundry, recreation/meeting room and is pet-friendly. Central Location, enjoy the wonders of the Alamitos Beach, East Village Art District, Blocks to the beach, night life, shopping, Pine Ave, The Pike, Restaurants, Museums, Art Galleries, Performing Arts Center, Bike Paths, and all downtown amenities. Easy access to the 710 or 405. No short term rentals. Too much to mention…….

Last Agent to Sell the Property

Scott Chapman

Coldwell Banker Realty License #01389775 Listed on: 12/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Johnny Cho

CPGI License #01465797

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,159

Year Built

  • Built in 1958

Lot Details

  • 0.52

HOA Fees

  • $317 Monthly HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 490 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Sewer Paid

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 17 / 99
  • Assessor Parcel Number 7281028152

Community Details

Overview

  • 163 Units
  • Royal Palms Association, Phone Number (562) 435-5516
  • HOA Organizers HOA
  • Royal Palms Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,159

Year Built

Built in 1958

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Royal Palms (RP)
  • View: Yes
  • Zoning: LBPD30
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028152
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 490.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Area
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 632.65
  • Room Type: Kitchen
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
  • Fence: No
  • Pool Private: No
  • Spa: No
  • Construction Materials: Unknown

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, Inside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 317.38
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms
  • Phone: 562 435 5516
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
  • Association Management: HOA Organizers

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 22564.00
  • Lot Size Acres: 0.5180

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22564.0000 Square Feet
  • Number Of Units In Community: 163
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 99
  • Tax Census Tract: 5760.01
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Feb 17, 2023
Sold by
Marron Mary
Bought by
Obayani Airisa
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Johnny Cho
CPGI
List Price
$310,000
Sold Price
$310,000
Total Days on Market
49
Views
133
Current Estimated Value
$341,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,554
Avg. Annual Appreciation
4.38%
Original Mortgage
$155,000
Outstanding Balance
$150,976
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$190,578

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jan 31, 2023
Sold by
Friesen Rietta Rose
Bought by
Obayani Airisa
Seller's Agent
Scott Chapman
Coldwell Banker Realty
Buyer's Agent
Johnny Cho
CPGI
List Price
$310,000
Sold Price
$310,000
Views
133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$150,976
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$190,578

Purchase Details

Closed on
Apr 28, 2015
Sold by
Royal Palms Apartments Inc
Bought by
Friesen Rietta Rose

Purchase Details

Closed on
Apr 4, 2013
Sold by
Smith William R
Bought by
William Richard Smith Trust
Source: Public Records

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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
Obayani Airisa -- Fidelity National Title
Obayani Airisa $310,000 Fidelity National Title
Friesen Rietta Rose -- Ticor Title Company
William Richard Smith Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obayani Airisa $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $310,000 0.0% $633 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $310,000 0.0% $633 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/14/2023 01/14/23 Price Changed $310,000 -7.5% $633 / Sq Ft
12/13/2022 12/13/22 For Sale $335,000 +163.8% $684 / Sq Ft
02/14/2014 02/14/14 Sold $127,000 +1.6% $259 / Sq Ft
01/14/2014 01/14/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $125,000 +66.7% $255 / Sq Ft
04/04/2012 04/04/12 Sold $75,000 0.0% $136 / Sq Ft
12/16/2011 12/16/11 Pending -- -- --
11/04/2011 11/04/11 Price Changed $75,000 -11.8% $136 / Sq Ft
07/25/2011 07/25/11 For Sale $85,000 -- $155 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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
2024 $4,159 $316,200 $214,200 $102,000
2023 $1,768 $123,706 $70,690 $53,016
2022 $1,662 $121,281 $69,304 $51,977
2021 $1,619 $118,904 $67,946 $50,958
2019 $1,595 $115,380 $65,932 $49,448
2018 $1,563 $113,119 $64,640 $48,479
2016 $1,441 $108,729 $62,131 $46,598
2015 $1,386 $107,097 $61,198 $45,899
2014 $982 $76,847 $40,985 $35,862
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22250934

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-152