NOT LISTED FOR SALE

Estimated Value: $430,000 - $580,000

2 Beds
1 Bath
820 Sq Ft
$495/mo HOA Fee

Last Sold October 03, 2022

Last sale price $490,000 $598 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,692/month

21 Days on Market

Highlights

  • Concierge
  • Ocean View
  • 0.52 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Private Pool
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2022

Top Floor of this iconic art deco building at 1st & Atlantic in the International City of Long Beach. This amazing 2 bedroom condo with VIEWS is 1 block from the beach! The entire living room wall has 5 ceiling to floor windows that show magnificent unobstructed VIEWS of the city, sunsets, fireworks and the Hollywood sign. Kitchen is equipped with all stainless appliances, including a French door refrigerator a bottom freezer, electric glass-top oven and above range microwave. Nice charcoal color granite counters and counter high breakfast area. Primary bedroom with a standard King has ample room, custom frosted-glass Anderson sliding closet doors and picturesque view of the city's sunsets. Hunter Douglas remote ceiling fans in both bedrooms. Guest bedroom accommodates a queen bed comfortably and boasts a peak-a-boo view of the OCEAN. Full bath features all new fixtures including a large Delta shower head with a hand-held faucet and soft water filter. Luxury toilet has a large, oval basin with a dual flush system. Flooring throughout is expresso Vinyl Laminate Wood. Living room and hall closet have Anderson 3 lite Euro frosted-glass expresso doors. All bedroom doors are equipped with Schlage lever satin nickel door handles. Enjoy breakfast on the rooftop deck while taking in views of the OCEAN, Queen Mary and even the Hollywood sign. Iconic neighborhood attractions: Crab Shack, Roscoe Chicken and Waffles, PF Chang, Bubba Gump Shrimp Factory, Thai Food, Breakfast Cafe, Night Clubs, The Pike, Movie Theaters, Aquarium of the Pacific, Shoreline Village, the Marina and BEST OF ALL - the OCEAN!!

Last Agent to Sell the Property

June Shoji

Century 21 On Target License #01316793 Listed on: 08/17/2022

Century 21 On Target

Co-Listed By

ROBERT WATKINS

RE/MAX TIME REALTY License #01459483

Last Buyer's Agent

Cynelle Barraza

Real Broker License #02166949

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,483

Year Built

  • Built in 1958

Lot Details

  • 0.52

HOA Fees

  • $495 Monthly HOA Fees

Property Views

  • Ocean
  • City Lights
  • Neighborhood

Home Design

  • 820 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Additional Features

  • Laundry Room
  • Private Pool
  • 1 Common Wall

Listing and Financial Details

  • Legal Lot and Block 17 / 99
  • Tax Tract Number 11933
  • Assessor Parcel Number 7281028154

Community Details

Overview

  • 163 Units
  • HOA Organizers Association, Phone Number (818) 778-3331
  • Royal Palms Subdivision
  • Maintained Community
  • 11-Story Property

Amenities

  • Concierge
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,483

Year Built

Built in 1958

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Royal Palms (RP)
  • View: Yes
  • Zoning: LBPD30
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028154
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 820.00 Square Feet
  • Stories: 11
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 597.56
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Neighborhood, Ocean
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Concierge, Maintenance Grounds, Trash, Water, Pets Permitted, Management, Controlled Access
  • Association Fee: 495.00
  • Association Fee Frequency: Monthly
  • Association Name: HOA Organizers
  • Phone: (818)778-3331
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: HOA Organizers

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 22564.00
  • Lot Size Acres: 0.5180
  • Latitude Manual: 33.76833900

Multi Family

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

Tax Info

  • Tax Block: 99
  • Tax Census Tract: 5760.01
  • Tax Lot: 17
  • Tax Tract Number: 11933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2022
Closed on
Sep 14, 2022
Sold by
Patricia Armstrong
Bought by
Aziz Mohammad
Seller's Agent
June Shoji
Century 21 On Target
Buyer's Agent
Cynelle Barraza
Real Broker
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%
Total Days on Market
21
Views
24
Current Estimated Value
$500,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,694
Avg. Annual Appreciation
-1.46%
Original Mortgage
$411,985
Outstanding Balance
$396,003
Interest Rate
5.13%
Mortgage Type
FHA
Estimated Equity
$75,271

Purchase Details

Listed on
Sep 20, 2021
Closed on
Sep 23, 2021
Sold by
Ledesma Imelda
Bought by
Armstrong Patricia
Seller's Agent
Mark Vinton
Vylla Home, Inc.
Buyer's Agent
June Shoji
Century 21 On Target
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$432,030
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 2019
Sold by
Ledesma Imelda and Ledesma Soledad
Bought by
Ledesma Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2017
Closed on
Aug 22, 2017
Sold by
Gilberstadt Douglas David
Bought by
Ledesma Imelda and Ledesma Soledad
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
Melissa Urena
Real Broker
List Price
$310,000
Sold Price
$330,000
Premium/Discount to List
$20,000
6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$297,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2015
Sold by
Royal Palms Apartments Inc
Bought by
Gilberstadt Douglas David
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
Aziz Mohammad $490,000 Usa National Title
Armstrong Patricia $440,000 North American Title Company
Ledesma Imelda -- Orange Coast Title Company
Ledesma Imelda $330,000 Title 365 Company
Gilberstadt Douglas David -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aziz Mohammad $411,985
Previous Owner Armstrong Patricia $432,030
Previous Owner Ledesma Imelda $243,500
Previous Owner Ledesma Imelda $297,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2022 10/03/22 Sold $490,000 -10.9% $598 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $550,000 +25.0% $671 / Sq Ft
10/15/2021 10/15/21 Sold $440,000 +3.5% $537 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $425,000 +28.8% $518 / Sq Ft
08/28/2017 08/28/17 Sold $330,000 +6.5% $402 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/18/2017 07/18/17 For Sale $310,000 -- $378 / 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 $6,483 $499,800 $346,800 $153,000
2023 $6,372 $490,000 $340,000 $150,000
2022 $5,414 $440,000 $300,000 $140,000
2021 $4,630 $375,515 $272,439 $103,076
2019 $4,223 $336,600 $234,600 $102,000
2018 $4,132 $330,000 $230,000 $100,000
2016 $2,913 $233,507 $152,287 $81,220
2015 $645 $45,688 $13,705 $31,983
2014 $646 $44,794 $13,437 $31,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22182105

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-154