NOT LISTED FOR SALE

Estimated Value: $427,000 - $549,000

2 Beds
1 Bath
730 Sq Ft
$466/mo HOA Fee

Last Sold January 25, 2023

Last sale price $459,000 $629 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,471/month

20 Days on Market

Highlights

  • Marina View
  • Fishing
  • Community Pool
  • Long Beach Polytechnic High School Rated A
  • 0.52 Acre Lot
  • Security Service

About This Home

As of January 2023

Invest in your future by buying real estate in an area that will solely appreciate in the years to come. Rare is the opportunity to become a property owner in an extremely sought-out coastal city of Downtown Long-beach for under $500,000, now is the time to buy. This beautifully kept condominium is only a 10 minute walk to what will be an amazing future development that will include a 14-acre retail and housing village at the former City Place Shopping Center. Inside the home, you will find an completely renovated kitchen and bathroom with its complimentary two bedrooms. All that is missing is your personal touch, in order to make it home. Parking is not deeded and the parking is assigned by HOA, as residents move in and move out. To top it all off, once you purchase this amazing unit, your local beach will only be a 12 minute walk. HOW AMAZING IS THAT.
Please feel free to reach out with any questions.

Last Agent to Sell the Property

Emmanuel Gamboa

Exclusive Realty Associates License #02041836 Listed on: 11/30/2022

Co-Listed By

Ryan Smagacz

Real Broker License #02126879

Last Buyer's Agent

Michael Brinkley

Compass License #02060200

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,678

Year Built

  • Built in 1958

Lot Details

  • 0.52

HOA Fees

  • $466 Monthly HOA Fees

Property Views

  • Marina
  • City Lights

Home Design

  • 730 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 11933
  • Assessor Parcel Number 7281028102

Community Details

Overview

  • Front Yard Maintenance
  • 164 Units
  • Royal Palms Association, Phone Number (626) 963-8871

Amenities

  • Recreation Room

Recreation

  • Community Pool
  • Fishing
  • Water Sports

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,678

Year Built

Built in 1958

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: (323)767-4482
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281028102
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 730.00 Square Feet
  • Common Walls: 2+ Common Walls
  • 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: 628.77
  • Room Type: All Bedrooms Down

Exterior Features

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

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Recreation Room, Management, Security, Controlled Access, Hot Water, Maintenance Front Yard
  • Association Fee: 466.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms
  • Phone: (626) 963-8871
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Fishing, Watersports, Sidewalks, Street Lights, Urban
  • Association Management: Royal Palms

Schools

  • School District: Los Alamitos Unified

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: 164
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 11933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2022
Closed on
Jan 3, 2023
Sold by
Gladney Napoleon W
Bought by
Turner Travis
Seller's Agent
Emmanuel Gamboa
Exclusive Realty Associates
Buyer's Agent
Michael Brinkley
Compass
List Price
$459,000
Sold Price
$459,000
Total Days on Market
20
Views
18
Current Estimated Value
$477,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,115
Avg. Annual Appreciation
1.66%
Original Mortgage
$321,300
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 24, 2018
Closed on
Jun 12, 2018
Sold by
Hunter Linda S
Bought by
Gladney Napoleon W
Seller's Agent
Linda Hunter
LB Brokerage, Inc
Buyer's Agent
John Graff
ASHBY & GRAFF
List Price
$389,000
Sold Price
$405,000
Premium/Discount to List
$16,000
4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$384,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2017
Sold by
Hatch Wendy and Estate Of Charles E Lyon
Bought by
Hunter Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2015
Sold by
Royal Palms Apartments Inc
Bought by
Lyon Charles E
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
Turner Travis $459,000 First American Title
Gladney Napoleon W $405,000 Ticor Title
Hunter Linda J $273,000 Ticor Title Company
Lyon Charles E -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Travis $321,300
Closed Turner Travis $321,300
Previous Owner Gladney Napoleon W $384,750
Previous Owner Hunter Linda J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $459,000 0.0% $629 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $459,000 +13.3% $629 / Sq Ft
07/10/2018 07/10/18 Sold $405,000 +4.1% $555 / Sq Ft
05/24/2018 05/24/18 For Sale $389,000 +42.5% $533 / Sq Ft
01/25/2018 01/25/18 Sold $273,000 -8.7% $374 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
06/09/2017 06/09/17 For Sale $299,000 -- $410 / 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 $5,678 $442,920 $273,408 $169,512
2023 $5,578 $434,237 $268,048 $166,189
2022 $5,232 $425,724 $262,793 $162,931
2021 $5,119 $417,378 $257,641 $159,737
2019 $5,041 $405,000 $250,000 $155,000
2018 $3,055 $234,600 $173,400 $61,200
2017 $761 $44,415 $13,324 $31,091
2016 $709 $43,545 $13,063 $30,482
2015 $685 $42,892 $12,867 $30,025
2014 -- $42,052 $12,615 $29,437
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22248984

California Regional Multiple Listing Service (CRMLS)

APN: 7281-028-102