NOT LISTED FOR SALE

Estimated Value: $574,000 - $805,000

1 Bed
1 Bath
1,192 Sq Ft
0.35 Acres

Last Sold October 11, 2017

Last sale price $540,000 $453 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,757/month

Highlights

  • City Lights View
  • 2-minute walk to Pacific Station
  • Great Room
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of December 2022

Step into a piece of history, the Kress Building Lofts, est. 1925. Approaching 1200 square feet, this magnificent, multi-level loft emanates style and
sophistication. Towering 14 foot ceilings and unfinished concrete walls create a stunning NY style urban setting, just block s from the beach. A n
enormous “wall of window” provides an abundance of natural light with an automatic warehouse door shutter, when privacy is warranted. T he
floors are a striking blend of polished concrete and driftwood stained hardwood, with gorgeous borders of river rock . A true chef's kitchen opens
into a massive great room and dining area, creating the perfect place to host your gatherings and yes, these appliances are included. A sprawling
master retreat that easily accommodates a California King sized bed and extensive closet space. The lovely bathroom boasts and enormous soaking
tub, a pedestal sink , linen storage and your stack able washer/dryer. This loft also features a raised platform work space, encased in brushed
aluminum, creating another decorative texture and additional storage. Common areas include a rooftop deck with panoramic harbor/city views and
a gourmet barbecue for outdoor entertaining. Parking is downstairs, secure and under 24 hour surveillance. Excellent freeway access to 710, 405
and 22 if your commute is by auto. Walk able access to gourmet dining, nightlife, fitness centers, shopping, LB Performing Arts/Convention Center,
Metrolink and your morning coffee house.

Last Agent to Rent the Property

William Hayward

Y Realty License #01722898 Listed on: 11/23/2022

Last Renter's Agent

William Hayward

Y Realty License #01722898 Listed on: 11/23/2022

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • 0.35

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,192 Sq Ft Home
  • Great Room
  • City Lights Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Baseboard Heating

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes association dues, gardener, sewer, trash collection, water
  • 24-Month Minimum Lease Term
  • Available 11/28/22
  • Tax Lot 1
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009020

Community Details

Overview

  • Property has a Home Owners Association
  • $250 HOA Transfer Fee
  • 49 Units
  • Kress Lofts HOA

Amenities

  • Community Barbecue Grill

Pet Policy

  • Limit on the number of pets
  • Pet Deposit $300
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2022-11-28
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Other: 250
  • Deposit Pets: 300
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Total Move In Costs: 6900.00
  • Transfer Fees: 250.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Inclusions: Refrigerator, dishwasher, washer/dryer, stove
  • Property Attached: Yes
  • Subdivision Name Other: Kress Lofts
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7280009020
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1192.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.68
  • Room Type: Great Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Heating Type: Baseboard
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue
  • Association Name: Kress Lofts HOA
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 15028.00
  • Lot Size Acres: 0.3450
  • Latitude Manual: 33.77261000

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 24 Months
  • Lot Size Area: 15028.0000 Square Feet
  • Number Of Units In Community: 49
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 50924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2017
Closed on
Sep 25, 2017
Sold by
Canzler Dustin P
Bought by
Gonzalez Ramon Ricardo
Seller's Agent
William Hayward
Y Realty
Buyer's Agent
William Hayward
Y Realty
List Price
$525,000
Sold Price
$540,000
Premium/Discount to List
$15,000
2.86%
Current Estimated Value
$667,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,311
Avg. Annual Appreciation
2.56%
Original Mortgage
$485,950
Outstanding Balance
$405,469
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$261,842

Purchase Details

Listed on
Jan 9, 2014
Closed on
Feb 6, 2014
Sold by
Decapite Kevin
Bought by
Canzler Dustin P
Seller's Agent
William Hayward
Y Realty
Buyer's Agent
Brian Wilson
First Team Real Estate
List Price
$396,000
Sold Price
$398,000
Premium/Discount to List
$2,000
0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.74%
Original Mortgage
$358,200
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2009
Sold by
Almarines Teresita and Lopez Regina
Bought by
Decapite Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
5.31%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2005
Sold by
Ruiz Reynaldo Almeda
Bought by
Almarines Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 21, 2005
Sold by
Senninger David and Walker Kristina
Bought by
Almarines Teresita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2002
Sold by
Walker Kristina
Bought by
Senninger David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.94%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Senninger David
Bought by
Walker Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
7.61%

Purchase Details

Closed on
Jul 8, 1997
Sold by
J Peter Block Companies
Bought by
Walker Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,500
Interest Rate
7.61%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gonzalez Ramon Ricardo $540,000 Ticor Title Company
Canzler Dustin P $398,000 Ticor Title Company
Decapite Kevin $345,000 Ticor Title Company
Almarines Teresita -- Ort
Almarines Teresita $475,000 Ort
Senninger David -- Investors Title Company
Walker Kristina -- Commonwealth Land Title Co
Walker Kristina $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Ramon Ricardo $485,950
Previous Owner Canzler Dustin P $358,200
Previous Owner Decapite Kevin $338,751
Previous Owner Almarines Teresita $380,000
Previous Owner Senninger David $238,400
Previous Owner Walker Kristina $159,500
Closed Almarines Teresita $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2022 12/27/22 Rented $3,200 0.0% --
12/26/2022 12/26/22 Off Market $3,200 -- --
11/23/2022 11/23/22 For Rent $3,200 +10.3% --
09/13/2019 09/13/19 Rented $2,900 0.0% --
09/11/2019 09/11/19 Off Market $2,900 -- --
08/29/2019 08/29/19 For Rent $2,900 0.0% --
10/11/2017 10/11/17 Sold $540,000 +2.9% $453 / Sq Ft View Prior Sale
09/14/2017 09/14/17 For Sale $525,000 +31.9% $440 / Sq Ft
02/20/2014 02/20/14 Sold $398,000 +0.5% $334 / Sq Ft View Prior Sale
01/09/2014 01/09/14 For Sale $396,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,490 $222,000 $90,000 $132,000
2024 $3,490 $249,000 $100,000 $149,000
2023 $4,358 $326,000 $200,000 $126,000
2022 $3,929 $306,000 $150,000 $156,000
2021 $3,905 $306,000 $150,000 $156,000
2019 $3,515 $249,000 $150,000 $99,000
2018 $6,844 $540,000 $216,000 $324,000
2016 $5,061 $412,141 $226,781 $185,360
2015 $4,858 $405,951 $223,375 $182,576
2014 $4,195 $343,000 $99,400 $243,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22246386

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-020

Your Personal Tour Guide

Ask me questions while you tour the home.