NOT LISTED FOR SALE

Estimated Value: $612,000 - $748,000

1 Bed
1 Bath
1,866 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: April 17, 2025

Last sale price $635,000 $340 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,886 / mo

14 Days on Market

Highlights

  • Art Studio
  • 2-minute walk to Pacific Station
  • Loft
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of April 2025

This stunning industrial-vintage loft in the historic Kress Building offers a perfect blend of character, style, and flexibility. With its airy design, exposed brick walls, and soaring ceilings, this space radiates a cool studio vibe, providing endless opportunities to craft your ideal living environment. Once home to a private art collection and glassblowing studio, this loft is a true blank canvas. Thoughtfully arranged vignettes create distinct areas for entertaining, multiple dining options, a cozy sitting nook for unwinding, a spacious sleeping area, a separate office space, and an additional lounge area—allowing you to customize the flow to suit your lifestyle. The kitchen’s oversized island invites gatherings, culinary creativity, or simply soaking in the loft’s spacious ambiance. Conveniences like a full bath, in-unit laundry, and ample closet space enhance everyday living. Take your lifestyle to new heights with access to a stunning communal rooftop deck on the fifth floor. Here, you can enjoy breathtaking city views, a BBQ grill, and lounge or dining areas designed for relaxation and connection. Secure parking in the gated subterranean garage and key-fob-controlled entry add layers of convenience and peace of mind. Located in the heart of downtown Long Beach, the Kress Lofts immerse you in vibrant urban energy. Step out your door to discover local coffee shops, trendy boutiques, award-winning dining, and a thriving craft brewery scene. As a designated historic property, owning in the Kress Lofts offers more than just a home—it’s a chance to preserve a piece of architectural history. New owners may also qualify for property tax savings through the Mills Act, making this opportunity even more appealing. Create your masterpiece in this iconic loft and experience the perfect mix of historic charm, modern convenience, and urban living.

Last Agent to Sell the Property

Nick Resendez

Keller Williams Pacific Estate Brokerage Phone: 714-271-2565 License #01277907 Listed on: 03/12/2025

Keller Williams Pacific Estate

Last Buyer's Agent

Kenneth Lugo

Lugo Brothers RE License #01895618

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • 0.35

HOA Fees

  • $735 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,866 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Great Room
  • Loft
  • Art Studio
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009022
  • $535 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 49 Units
  • Kress HOA, Phone Number (800) 400-2284
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Dog Park
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0.35 Acres

HOA Fees

$735 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBCB
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280009022
  • Year Built: 1925
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1866.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 340.30
  • Room Type: Art Studio, Entry, Great Room, Kitchen, Laundry, Loft

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Heat Pump
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 734.51
  • Association Fee Frequency: Monthly
  • Association Name: Kress HOA
  • Phone: 800-400-2284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Gutters, Sidewalks, Street Lights, Urban
  • Association Management: Kress HOA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 15031.00
  • Lot Size Acres: 0.3451

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15031.0000 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
  • TaxOtherAnnualAssessmentAmount: 535.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Apr 3, 2025
Sold by
Bought by
Seller's Agent
Nick Resendez
Keller Williams Pacific Estate
Buyer's Agent
Kenneth Lugo
Lugo Brothers RE
List Price
$635,000
Sold Price
$635,000
Views
58
Current Estimated Value
$697,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,982
Avg. Annual Appreciation
7.31%
Original Mortgage
$476,250
Outstanding Balance
$469,704
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$228,278

Purchase Details

Closed on
Apr 23, 2018
Sold by
Bought by

Purchase Details

Closed on
Dec 14, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$635,000 Ticor Title
-- None Available
$217,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $476,250
Previous Owner $136,700
Previous Owner $100,000
Previous Owner $235,620
Previous Owner $110,000
Previous Owner $170,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2025 04/17/25 Sold $635,000 0.0% $340 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $635,000 -- $340 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,783 $258,000 $18,000 $240,000
2024 $3,951 $281,000 $17,000 $264,000
2023 $4,554 $330,000 $10,000 $320,000
2022 $4,390 $333,022 $20,398 $312,624
2021 $4,352 $333,022 $20,398 $312,624
2019 $3,986 $273,700 $10,000 $263,700
2018 $4,181 $316,810 $19,406 $297,404
2016 $3,837 $304,509 $18,653 $285,856
2015 $3,685 $299,936 $18,373 $281,563
2014 $3,656 $294,062 $18,014 $276,048
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25054900

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-022

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