NOT LISTED FOR SALE

Estimated Value: $691,000 - $772,000

1 Bed
1 Bath
1,425 Sq Ft
$398/mo HOA Fee

Last Sold January 29, 2019

Last sale price $575,000 $404 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,699/month

83 Days on Market

Highlights

  • City Lights View
  • 2-minute walk to Pacific Station
  • Property is near public transit
  • Long Beach Polytechnic High School Rated A
  • Open Floorplan
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of January 2019

Price Reduction! You will fall in love with this large corner unit loft in a historic landmark building located in the heart of Downtown Long Beach. Close proximity to dining, shopping, nightlife, gyms, public transportation and the Arts District of Long Beach. This unique 3 level floor plan offers large windows, exposed brick, polished concrete floors, 14 ft. ceiling heights, a spacious overhead loft and a modern open concept kitchen that includes a large island and Bosch appliances. The bonus overhead loft (which is not included in the square footage) can be used as an extra bedroom or office and features 7 storage cabinets creating ample storage. Unit includes washer/dryer and 1 parking space in secured garage. Additional parking is also available to rent across the street. An amazing large open air communal rooftop deck provides panoramic views of Downtown Long Beach and features a barbecue area for relaxing and entertaining. Welcome to your Urban Oasis!

Last Agent to Sell the Property

Jeff Smith

Home Smart Realty Group License #02011833 Listed on: 10/07/2018

Last Buyer's Agent

Mary Giacchino

Seven Gables Real Estate License #00933852

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,654

Year Built

  • Built in 1925

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $398 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available

Home Design

  • Modern Architecture
  • Turnkey
  • Brick Exterior Construction
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,425 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Family Room Off Kitchen
  • Loft
  • City Lights Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Stone
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Accessible Elevator Installed
  • Exterior Lighting
  • Radiant Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009019

Community Details

Overview

  • 49 Units
  • Bali Management Association, Phone Number (310) 294-5370
  • 9-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,654

Year Built

Built in 1925

Lot Details

0

HOA Fees

$398 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Card/Code Access
  • Subdivision Name Other: Kress Lofts
  • View: Yes
  • Zoning: LBCB
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280009019
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1425.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan
  • Stories: 9
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Concrete, Stone
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 403.51
  • Room Type: Loft
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick, Concrete

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Dues Paid Monthly, Controlled Access
  • Association Fee: 397.70
  • Association Fee Frequency: Monthly
  • Association Name: Bali Management
  • Phone: 3102945370
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 15028.00
  • Lot Size Acres: 0.3450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15028.0000 Square Feet
  • Number Of Units In Community: 49
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 50924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2025
Sold by
Cabrajac Chelsea M
Bought by
Chelsea M Cabrajac Trust and Cabrajac
Current Estimated Value
$733,226

Purchase Details

Closed on
Jun 13, 2022
Sold by
Joseph Asher
Bought by
Cabrajac Chelsea Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$711,750
Interest Rate
5.78%
Mortgage Type
Balloon

Purchase Details

Listed on
Oct 7, 2018
Closed on
Jan 4, 2019
Sold by
Beck Matthew and Beck Lindsay
Bought by
Asher Joseph
Seller's Agent
Jeff Smith
Home Smart Realty Group
Buyer's Agent
Mary Giacchino
Seven Gables Real Estate
List Price
$634,900
Sold Price
$575,000
Premium/Discount to List
-$59,900
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$545,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2013
Closed on
Oct 23, 2013
Sold by
Dean Jesse H
Bought by
Beck Matthew and Beck Lindsay
Seller's Agent
Kathy Shasha
Coldwell Banker Realty
Buyer's Agent
Paul Demboski
Keller Williams Pacific Estate
List Price
$489,900
Sold Price
$443,000
Premium/Discount to List
-$46,900
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.19%
Original Mortgage
$434,976
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2002
Sold by
Wallace Barry A and Wallace Judith M
Bought by
Dean Jesse H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.6%

Purchase Details

Closed on
Mar 6, 1999
Sold by
Campagna Michael and Campagna Mary
Bought by
Wallace Barry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,850
Interest Rate
6.91%

Purchase Details

Closed on
Oct 27, 1997
Sold by
J Peter Block Companies
Bought by
Campagna Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Chelsea M Cabrajac Trust -- None Listed On Document
Cabrajac Chelsea Michelle $750,000 Ticor Title
Asher Joseph $575,000 Lawyers Title
Beck Matthew $443,000 Old Republic Title Company
Dean Jesse H $340,000 Old Republic Title
Wallace Barry A $223,000 Orange Coast Title
Campagna Michael $195,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cabrajac Chelsea Michelle $680,000
Previous Owner Cabrajac Chelsea Michelle $711,750
Previous Owner Asher Joseph $35,000
Previous Owner Asher Joseph $537,500
Previous Owner Asher Joseph $538,800
Previous Owner Asher Joseph $545,000
Previous Owner Beck Matthew $438,000
Previous Owner Beck Matthew $432,567
Previous Owner Beck Matthew $434,976
Previous Owner Dean Jesse H $312,000
Previous Owner Dean Jesse H $57,000
Previous Owner Dean Jesse H $272,000
Previous Owner Wallace Barry A $211,850
Previous Owner Campagna Michael $142,500
Closed Dean Jesse H $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $575,000 -2.5% $404 / Sq Ft
12/05/2018 12/05/18 Price Changed $589,900 -1.7% $414 / Sq Ft
10/25/2018 10/25/18 Price Changed $599,900 -3.2% $421 / Sq Ft
10/19/2018 10/19/18 Price Changed $619,900 -0.8% $435 / Sq Ft
10/18/2018 10/18/18 Price Changed $624,900 -1.6% $439 / Sq Ft
10/07/2018 10/07/18 For Sale $634,900 +43.3% $446 / Sq Ft
12/05/2013 12/05/13 Sold $443,000 -3.7% $310 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
08/25/2013 08/25/13 Price Changed $459,900 -6.1% $322 / Sq Ft
07/31/2013 07/31/13 For Sale $489,900 -- $343 / 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 $3,654 $236,000 $158,000 $78,000
2024 $3,654 $268,000 $180,000 $88,000
2023 $4,808 $354,000 $250,000 $104,000
2022 $4,264 $326,000 $250,000 $76,000
2021 $4,240 $326,000 $250,000 $76,000
2019 $3,274 $242,000 $100,000 $142,000
2018 $6,099 $477,271 $109,889 $367,382
2016 $5,611 $458,740 $105,623 $353,117
2015 $5,384 $451,850 $104,037 $347,813
2014 $5,342 $443,000 $102,000 $341,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18246371

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-019