NOT LISTED FOR SALE

Estimated Value: $321,000 - $403,000

Studio
1 Bath
490 Sq Ft
$317/mo HOA Fee

Last Sold March 17, 2023

Last sale price $320,000 $653 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,461/month

3 Days on Market

Highlights

  • Ocean View
  • Updated Kitchen
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • 0.52 Acre Lot
  • Quartz Countertops

About This Home

As of March 2023

7th floor studio with breathtaking ocean and city views, breathtaking both day and night. Lots of natural light, spacious living room and dining areas are next to the windows to get the benefit of the views. Newly remodeled with vinyl flooring throughout, bright and airy galley kitchen with quartz counter tops, backsplash, dishwasher, garage disposal, microwave, refrigerator and stove. The unit has a large closet with new closet doors, upgraded electrical and WIFI ready. Bathroom has tub and shower combo with new tile, vanity and toilet. The community offers a heated Pool, Patio, indoor laundry, recreation/meeting room and is pet friendly. Centrally located in downtown Long Beach, walking distance to restaurants, the beach, East Village Arts District, Shoreline, Long Beach Conventional Center, hip shops, easy access to the 710 and 405 highways and much more. “A MUST-SEE WONT’ LAST LONG!" SEE 360 VIRTUAL TOUR!!!!!!

Last Agent to Sell the Property

Jacqueline Driscoll

The Jackson Real Estate Group License #01784893 Listed on: 02/25/2023

Last Buyer's Agent

Chayan Alavi

Tourvia License #01760177

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1958

Lot Details

  • 0.52

HOA Fees

  • $317 Monthly HOA Fees

Property Views

  • Ocean
  • City Lights

Interior Spaces

  • 1 Full Bathroom
  • 490 Sq Ft Home
  • Open Floorplan
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 17 / 99
  • Assessor Parcel Number 7281028096
  • $220 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1958

Lot Details

0

HOA Fees

$317 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Microwave, Dishwasher, Stove
  • Property Attached: Yes
  • Subdivision Name Other: Royal Palms (RP)
  • View: Yes
  • Zoning: LBPD30
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028096
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 490.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Eating Area: Breakfast Nook
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 653.06
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • View: City Lights, Ocean
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 163

Tax Info

  • Tax Block: 99
  • Tax Census Tract: 5760.01
  • Tax Lot: 17
  • TaxOtherAnnualAssessmentAmount: 220.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2023
Closed on
Mar 9, 2023
Sold by
William Walter Holmes Trust
Bought by
Bashi Seyed Amir Hossein
Seller's Agent
Jacqueline Driscoll
The Jackson Real Estate Group
Buyer's Agent
Chayan Alavi
Tourvia
List Price
$345,900
Sold Price
$320,000
Premium/Discount to List
-$25,900
-7.49%
Views
77
Current Estimated Value
$338,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,940
Avg. Annual Appreciation
3.15%

Purchase Details

Closed on
Sep 30, 2015
Sold by
Royal Palms Apartments Inc
Bought by
Holmes William W and William Walter Holmes 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
Bashi Seyed Amir Hossein $320,000 First American Title
Holmes William W -- Ticor Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2023 03/17/23 Sold $320,000 -7.5% $653 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/25/2023 02/25/23 For Sale $345,900 -- $706 / 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 $4,605 $332,928 $228,888 $104,040
2024 $4,605 $326,400 $224,400 $102,000
2023 $4,150 $315,180 $213,180 $102,000
2022 $534 $33,436 $10,029 $23,407
2021 $510 $32,782 $9,833 $22,949
2019 $499 $31,812 $9,543 $22,269
2018 $489 $31,189 $9,356 $21,833
2016 $449 $29,980 $8,994 $20,986
2015 $434 $29,530 $8,859 $20,671
2014 $437 $28,953 $8,686 $20,267
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23032123

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-096