$825,000
SOLD DEC 11, 2019
3 Beds
2 Baths
2,147 Sq Ft
$533/mo HOA Fee

Recently Sold

$384 Per Sq Ft

3% Below List Price

43 Days on Market

Highlights

  • Gated Parking
  • 2-minute walk to Pacific Station
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of January 2022

Wonderfully large loft! with over 2100 sq ft to entertain in and some brand new upgrades, this open concept loft has three main bedrooms and another space that can be used for an office or workspace. It also has 2 baths with two large master closets. This unit has gas appliances and AC! very rare for a historic building. If you want something even more spectacular, take your party up to the 5th floor where the rooftop style outdoor space has an incredible lounge area that overlooks downtown. This loft boasts convenience at every corner with laundry located in the unit, air conditioning, and two tandem parking spaces (which really fits 3) and storage space below in the gated garage. This amazing "new york style" loft is extremely RARE and was originally the actual unit of the architect who built the lofts! Mills Act approved Building- new owners to apply, and VA & FHA approved!

Last Agent to Sell the Property

Ande Siler

Home Smart Realty Group License #02047088 Listed on: 09/29/2019

Home Smart Realty Group

Last Buyer's Agent

Jessalyn Wanlim

No Firm Affiliation License #02023961

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,343

Year Built

  • Built in 1925

HOA Fees

  • $533 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage
  • Gated Parking
  • Assigned Parking

Interior Spaces

  • 2,147 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Living Room
  • Loft
  • Bonus Room
  • City Lights Views

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Additional Features

  • 1 Common Wall
  • Urban Location
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 5542
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009030

Community Details

Overview

  • 50 Units
  • Brian Engel Association, Phone Number (310) 294-5388
  • Bali Management HOA

Amenities

  • Community Barbecue Grill
  • Picnic Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,343

Year Built

Built in 1925

Lot Details

0

HOA Fees

$533 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Kress Lofts
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280009030
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2147.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 384.26
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Jetted Tub

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Covered, Garage, Gated, On Site, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Zoned
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area
  • Association Fee: 533.12
  • Association Fee Frequency: Monthly
  • Association Name: Brian Engel
  • Phone: (310) 294-5388
  • Senior Community: No
  • Community Features: Urban
  • Association Management: Bali Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 15028.20
  • Lot Size Acres: 0.3450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.3450 Acres
  • Number Of Units In Community: 50
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 5542
  • Tax Tract: please check w assessor
  • Tax Tract Number: 50924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Dec 17, 2021
Sold by
Jay Lutz Brandon
Bought by
Enriquez Richard and Gutierrez Laura Samantha
Seller's Agent
Tim Majka
Keller Williams Coastal Prop.
Buyer's Agent
Richard Holt
Homesmart Evergreen Realty
List Price
$999,900
Sold Price
$955,000
Premium/Discount to List
-$44,900
-4.49%
Current Estimated Value
$982,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,630
Avg. Annual Appreciation
-0.71%
Original Mortgage
$764,000
Outstanding Balance
$705,016
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$226,265

Purchase Details

Listed on
Sep 29, 2019
Closed on
Nov 13, 2019
Sold by
Familian David F and Familian Karen Moss
Bought by
Lutz Brandon Jay
Seller's Agent
Ande Siler
Home Smart Realty Group
Buyer's Agent
Jessalyn Wanlim
No Firm Affiliation
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$660,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Blackhurst Richard G and Blackhurst Billie M
Bought by
Familian David

Purchase Details

Closed on
May 15, 2004
Sold by
Dejesus Roy S and Lara Paulet C
Bought by
Blackhurst Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Jacobs Mitch and Shen Mei Chi Cathy
Bought by
Skinner Stephen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2002
Sold by
Seth Nilesh Shirish and Lee Katherine Wan Kit
Bought by
Dejesus Roy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 6, 1999
Sold by
Holle Scott D and Holle Cecilia K
Bought by
Seth Nilesh Shirish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,400
Interest Rate
7.5%

Purchase Details

Closed on
Jun 12, 1996
Sold by
443-449 Pine Avenue Partners Ii Ltd
Bought by
Holle Scott D and Holle Cecilia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.01%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $955,000 Chicago Title
Grant Deed $825,000 Clearmark Title Company
Grant Deed $875,000 Old Republic Title Company
Grant Deed $770,000 Old Republic
Grant Deed $575,000 Ort
Grant Deed $384,000 Old Republic Title
Grant Deed $318,000 Orange Coast Title
Grant Deed $224,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $764,000 New Conventional
Previous Owner $660,000 New Conventional
Previous Owner $250,000 Future Advance Clause Open End Mortgage
Previous Owner $250,000 Credit Line Revolving
Previous Owner $460,000 Purchase Money Mortgage
Previous Owner $430,000 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $300,700 Unknown
Previous Owner $300,000 No Value Available
Previous Owner $254,400 No Value Available
Previous Owner $168,000 Seller Take Back
Closed $33,600 No Value Available
Closed $115,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $955,000 -2.1% $445 / Sq Ft
11/01/2021 11/01/21 Price Changed $975,000 -2.5% $454 / Sq Ft
09/13/2021 09/13/21 For Sale $999,900 +21.2% $466 / Sq Ft
12/11/2019 12/11/19 Sold $825,000 -2.9% $384 / Sq Ft
11/11/2019 11/11/19 Pending -- -- --
09/29/2019 09/29/19 For Sale $849,900 -- $396 / 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 $4,343 $291,000 $116,000 $175,000
2024 $4,343 $308,000 $123,000 $185,000
2023 $4,968 $359,000 $144,000 $215,000
2022 $10,595 $850,217 $334,934 $515,283
2021 $10,363 $833,547 $328,367 $505,180
2019 $8,425 $655,000 $112,200 $542,800
2018 $8,393 $655,000 $112,200 $542,800
2016 $6,875 $557,000 $95,400 $461,600
2015 $6,693 $557,000 $95,400 $461,600
2014 $6,262 $513,000 $87,900 $425,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19202111

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-030