Kathryn McCarthy
First Team Real Estate
(657) 325-5928
27 Total Sales
1 in Downtown
$780,000 Price
100 W 5th St Unit 2D Long Beach, CA 90802
Downtown NeighborhoodEstimated Value: $612,000 - $748,000
1
Bed
1
Bath
1,866
Sq Ft
0.35
Acre Lot
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 2025This 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
Keller Williams Pacific Estate Brokerage Phone: 714-271-2565 License #01277907 Listed on: 03/12/2025
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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
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
2018 Richard A Oelschlaeger Trust and Robert Oelschlaeger
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
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
7.09%
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
Oelschlaeger Richard Allen
Bought by
Oelschlaeger Richard A and 2018 Richard A Oelschlaeger Trust
Purchase Details
Closed on
Dec 14, 1995
Sold by
443-449 Pine Avenue Partners Ii Ltd
Bought by
Oelschlaeger Richard Allen
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown, CA
-
Kathryn McCarthy
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
121 Total Sales
95 in Downtown
$439K - $2.8M Price Range
-
OMAR MAYORGA
OMAR MAYORGA
RE/MAX MASTERS REALTY
(909) 479-2713
55 Total Sales
1 in Downtown
$345,000 Price
-
Fred Van Allen
Fred Van Allen
First Team Real Estate
(909) 284-5912
52 Total Sales
1 in Downtown
$572,000 Price
-
Aaron Mostow
Aaron Mostow
Rodeo Realty
(747) 204-0419
5 Total Sales
1 in Downtown
$549,000 Price
-
Esteban Alcala
Esteban Alcala
Suarez Realty Group
(626) 699-9474
2 Total Sales
2 in Downtown
$805,000 Price Range
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 | ||
| Oelschlaeger Richard A | -- | None Available | |
| Oelschlaeger Richard Allen | $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 | Oelschlaeger Richard Allen | $136,700 | |
| Previous Owner | Delschlaeger Richard A | $100,000 | |
| Previous Owner | Oelschlaeger Richard Allen | $235,620 | |
| Previous Owner | Oelshclaeger Richard Allen | $110,000 | |
| Previous Owner | Oelschlaeger Richard Allen | $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 |
|---|---|---|---|---|
| 2026 | $3,783 | $288,000 | $115,200 | $172,800 |
| 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
-
Nick Resendez
NR
Seller's Agent in 2025
Nick Resendez
Keller Williams Pacific Estate
(562) 239-2692
1 in this area
13 Total Sales
-
Kenneth Lugo
Buyer's Agent in 2025
Kenneth Lugo
Lugo Brothers RE
(714) 797-0000
1 in this area
78 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25054900
APN: 7280-009-022
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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