NOT LISTED FOR SALE

Estimated Value: $421,000 - $473,000

2 Beds
1 Bath
730 Sq Ft
$450/mo HOA Fee

Last Sold September 27, 2024

Last sale price $455,000 $623 Per Sq Ft

Current estimated payment $3,338/month

14 Days on Market

Highlights

  • Coastline Views
  • 24-Hour Security
  • Granite Countertops
  • Long Beach Polytechnic High School Rated A
  • 0.52 Acre Lot
  • Community Pool

About This Home

As of September 2024

Welcome to your new home at the sought-after Royal Palms building in downtown Long Beach, just blocks from the beach!

Nestled in the heart of downtown Long Beach, you'll enjoy the vibrant urban neighborhood with a beachy vibe, filled with charming cafes, delectable restaurants, and stylish hotels. Entertainment options are endless with attractions like the Long Beach Performing Arts Theater, The Aquarium of the Pacific, The Pike, and Rainbow Harbor just a stone's throw away. Plus, being situated next to Vons makes grocery shopping easy.

The pet-friendly community offers a secured entrance for your peace of mind, a refreshing pool to relax by, convenient on-site laundry, trash chute, and Amazon lockers for all your delivery needs. HOA covers water, trash, forced air heat, maintenance, and on-site management.

Last Agent to Sell the Property

Waldin Gonzalez

Lifestyle Real Estate Brokerage Phone: 714-759-4232 License #01756984 Listed on: 08/20/2024

Co-Listed By

Elizabeth Manjarez

Lifestyle Real Estate Brokerage Phone: 714-759-4232 License #01946165

Last Buyer's Agent

Maria Jose Lora De Caprio

eXp Realty of California, Inc License #02188637

eXp Realty of California, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,766

Year Built

  • Built in 1958

Lot Details

  • 0.52

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • Automatic Gate

Property Views

  • Coastline
  • Panoramic
  • City Lights

Home Design

  • Entry on the 1st floor
  • Turnkey
  • No Roof

Interior Spaces

  • 730 Sq Ft Home
  • Stone Flooring
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Granite Countertops
  • Self-Closing Cabinet Doors

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Pest Guard System

Utilities

  • Cooling System Mounted To A Wall/Window
  • Standard Electricity

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Legal Lot and Block 17 / 99
  • Tax Tract Number 5760
  • Assessor Parcel Number 7281028071
  • $262 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 163 Units
  • Royal Palms Association, Phone Number (562) 435-5516
  • Royal Palms Subdivision
  • Maintained Community
  • 11-Story Property

Amenities

  • Trash Chute
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,766

Year Built

Built in 1958

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Furniture
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Security System, Smoke Detector(s)
  • Subdivision Name Other: Royal Palms (RP)
  • View: Yes
  • Zoning: LBPD30
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028071
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 730.00 Square Feet
  • Interior Amenities: Granite Counters, Trash Chute
  • Stories: 11
  • Common Walls: 2+ Common Walls
  • Flooring: Stone
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 623.29
  • Room Type: Galley Kitchen, Kitchen
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Granite Counters, Self-Closing Cabinet Doors

Exterior Features

  • View: City Lights, Coastline, Panoramic
  • Fence: No
  • Pool Features: Association, Community
  • Pool Private: No
  • Roof: None

Garage/Parking

  • Parking: No

Utilities

  • Laundry: Yes
  • Electric: Standard
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Pest Control, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pets Permitted, Call for Rules, Management, Controlled Access
  • Association Fee: 450.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms
  • Phone: 562.435.5516
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Royal Palms

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 22568.00
  • Lot Size Acres: 0.5181

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22568.0000 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: 5760
  • TaxOtherAnnualAssessmentAmount: 262.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Aug 25, 2023
Sold by
Mendez Michael Anthony
Bought by
Chen Fusheng
Seller's Agent
Jake Gordon
Compass
Buyer's Agent
Daralynn Dennis
Keller Williams South Bay
List Price
$418,000
Sold Price
$450,000
Premium/Discount to List
$32,000
7.66%
Views
49
Current Estimated Value
$455,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,324
Avg. Annual Appreciation
0.57%

Purchase Details

Listed on
May 29, 2019
Closed on
Jul 8, 2019
Sold by
Kok Bruce A and Kok Kimberly F
Bought by
Mendez Michael Anthony
Seller's Agent
Mark Vinton
Vylla Home, Inc.
Buyer's Agent
Jake Gordon
Compass
List Price
$375,000
Sold Price
$368,000
Premium/Discount to List
-$7,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.97%
Original Mortgage
$331,200
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2019
Sold by
Royal Palms Apartments Inc
Bought by
Kok Bruce A and Kok Kimberly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,200
Interest Rate
3.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 29, 2016
Closed on
Oct 14, 2016
Sold by
Kok Bruce A and Kok Kimberly F
Bought by
Kok Bruce A and Kok Kimberly F
Seller's Agent
Kendra Miller
Keller Williams Coastal Prop.
Buyer's Agent
Jake Gordon
Compass
List Price
$339,899
Sold Price
$290,000
Premium/Discount to List
-$49,899
-14.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%

Purchase Details

Listed on
Apr 29, 2016
Closed on
Oct 12, 2016
Sold by
Yakel Paul and Tan Yakel Siew
Bought by
Kok Bruce A and Kok Kimberiy F
Seller's Agent
Kendra Miller
Keller Williams Coastal Prop.
Buyer's Agent
Jake Gordon
Compass
List Price
$339,899
Sold Price
$290,000
Premium/Discount to List
-$49,899
-14.68%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Fusheng $450,000 First American Title
Mendez Michael Anthony $368,000 North American Title Company
Kok Bruce A -- Ticor Title Company
Kok Bruce A -- Ticor Title Company
Kok Bruce A $290,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Michael Anthony $331,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2024 09/27/24 Sold $455,000 0.0% $623 / Sq Ft
08/20/2024 08/20/24 For Sale $455,000 +1.1% $623 / Sq Ft
09/25/2023 09/25/23 Sold $450,000 +7.7% $616 / Sq Ft View Prior Sale
08/22/2023 08/22/23 Pending -- -- --
08/17/2023 08/17/23 For Sale $418,000 +13.6% $573 / Sq Ft
08/02/2019 08/02/19 Sold $368,000 +0.8% $504 / Sq Ft View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $365,000 -2.7% $500 / Sq Ft
05/29/2019 05/29/19 For Sale $375,000 +29.3% $514 / Sq Ft
10/24/2016 10/24/16 Sold $290,000 -3.3% $397 / Sq Ft View Prior Sale
09/27/2016 09/27/16 Price Changed $299,999 -3.2% $411 / Sq Ft
07/15/2016 07/15/16 Price Changed $309,900 -4.6% $425 / Sq Ft
05/25/2016 05/25/16 Price Changed $324,889 -4.4% $445 / Sq Ft
04/29/2016 04/29/16 For Sale $339,899 -- $466 / 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
2025 $5,766 $455,000 $200,000 $255,000
2024 $5,766 $450,000 $300,000 $150,000
2023 $4,988 $386,830 $116,678 $270,152
2022 $4,679 $379,246 $114,391 $264,855
2021 $4,659 $371,811 $112,149 $259,662
2019 $3,876 $301,716 $208,080 $93,636
2018 $3,794 $295,800 $204,000 $91,800
2016 $3,443 $280,000 $102,700 $177,300
2015 $2,025 $162,000 $59,400 $102,600
2014 $1,868 $146,000 $53,500 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24172681

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-071