NOT LISTED FOR SALE

Estimated Value: $658,159

1 Bed
1 Bath
1,005 Sq Ft
0.35 Acre Lot

Highlights

  • City Lights View
  • 2-minute walk to Pacific Station
  • Corner Lot
  • Long Beach Polytechnic High School Rated A
  • Main Floor Bedroom
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of September 2024

This striking newly remodeled 5th floor corner loft in the Historic Kress Building. The kitchen is a tasteful example of contemporary design and functionality with its stainless steel cabinetry, butcher-block countertops, vibrantly tiled back splashes and state-of-the art appliances. The living area is adorned by an abundance of stunning textures from its distressed hardwood floors, exposed brick facades, unfinished pine, bare concrete and expansive view windows. The well appointed bedroom area, boasts an enormous walk-in closet and more breathtaking views. The modern spa-like bathroom would be at home in any five star resort. Lease includes all major appliances and washer/dryer. Secure underground parking and additional storage included. Landlord pays water, sewer, trash and heat! In the heart of the walkable Downtown LB , steps to Metro Blue Line, Convention Center, gourmet restaurants, shopping and the beach. Available 1st week in September.

Last Agent to Rent the Property

William Hayward

Y Realty Brokerage Phone: 310-466-9671 License #01722898 Listed on: 08/01/2024

Last Renter's Agent

William Hayward

Y Realty Brokerage Phone: 310-466-9671 License #01722898 Listed on: 08/01/2024

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1925

Lot Details

  • Two or More Common Walls
  • Northeast Facing Home

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Parking Available
  • Parking Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,005 Sq Ft Home
  • Beamed Ceilings
  • Brick Wall or Ceiling
  • High Ceiling
  • Great Room
  • Living Room
  • City Lights Views

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Urban Location
  • Baseboard Heating

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes association dues, sewer, trash collection, water
  • Available 9/5/24
  • Legal Lot and Block 1 / 15
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009050

Community Details

Overview

  • Property has a Home Owners Association
  • $200 HOA Transfer Fee
  • 51 Units
  • 9-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0.35 Acres

Parking

1

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-09-05
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 7000.00
  • Transfer Fees: 200.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Standard Status: Closed
  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: stove, dishwasher, refrigerator, washer/dryer
  • Property Attached: Yes
  • Subdivision Name Other: Kress Lofts
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7280009050
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1005.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Brick Walls, High Ceilings
  • Stories: 9
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.18
  • Room Type: Great Room, Living Room, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Direction Faces: Northeast
  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, On Site, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Baseboard
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue
  • Senior Community: No
  • Community Features: Curbs, Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Size: 15031
  • Lot Size Sq Ft: 15028.00
  • Lot Size Acres: 0.3450

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 15028.0000 Square Feet
  • Number Of Units In Community: 51
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Block: 15
  • Tax Lot: 1
  • Tax Tract Number: 50924

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
Dec 6, 2017
Closed on
Jan 25, 2018
Sold by
Cusano Denise E and Cusano Denise Elaine
Bought by
Seller's Agent
William Hayward
Y Realty
Buyer's Agent
William Hayward
Y Realty
Sold Price
$2,750
Current Estimated Value
$658,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,409

Purchase Details

Listed on
May 11, 2014
Closed on
Sep 10, 2014
Sold by
Song In Chang
Bought by
Cusano Denise Elaine
Seller's Agent
William Hayward
Y Realty
Buyer's Agent
Nick Mercado
Beverly & Company Luxury Properties
List Price
$479,000
Sold Price
$453,000
Premium/Discount to List
-$26,000
-5.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Original Mortgage
$272,000
Outstanding Balance
$201,005
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$457,154

Purchase Details

Closed on
Sep 23, 2009
Sold by
Schmitt Robert J
Bought by
Song In Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2009
Sold by
Chin Mi Hoon
Bought by
Song In Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,750
Interest Rate
5.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2009
Sold by
Dealmeida Luzia M
Bought by
Schmitt Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1997
Sold by
Schmitt Linda M
Bought by
Schmitt Robert J
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
-- None Available
Cusano Denise Elaine $453,000 Ticor Title Company
Song In Chang $357,000 Lawyers Title
Song In Chang -- Lawyers Title
Schmitt Robert J -- Chicago Title Company
Schmitt Robert J $190,000 Commonwealth Land Title Co
Schmitt Robert J -- 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 $272,000
Previous Owner Song In Chang $267,750
Previous Owner Schmitt Robert J $142,000
Previous Owner Schmitt Robert J $40,000
Previous Owner Schmitt Robert J $134,000
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
09/22/2024 09/22/24 Rented $3,200 0.0% --
09/02/2024 09/02/24 For Rent $3,200 0.0% --
08/06/2024 08/06/24 Off Market $3,200 -- --
08/01/2024 08/01/24 For Rent $3,200 +8.5% --
01/21/2022 01/21/22 Rented $2,950 0.0% --
12/24/2021 12/24/21 For Rent $2,950 0.0% --
12/17/2021 12/17/21 Off Market $2,950 -- --
11/30/2021 11/30/21 For Rent $2,950 +3.5% --
07/22/2019 07/22/19 Rented $2,850 0.0% --
07/15/2019 07/15/19 Under Contract -- -- --
07/05/2019 07/05/19 Price Changed $2,850 -1.7% $3 / Sq Ft
06/10/2019 06/10/19 For Rent $2,900 +5.5% --
12/26/2017 12/26/17 Rented $2,750 0.0% --
12/19/2017 12/19/17 Price Changed $2,750 +3.8% $3 / Sq Ft
12/06/2017 12/06/17 For Rent $2,650 -- --
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 $3,370 $261,000 $80,910 $180,090
2025 $3,370 $234,000 $73,000 $161,000
2024 $3,696 $268,000 $83,000 $185,000
2023 $5,188 $388,000 $100,000 $288,000
2022 $4,365 $338,000 $100,000 $238,000
2021 $4,345 $338,000 $100,000 $238,000
2019 $3,178 $235,000 $100,000 $135,000
2018 $6,079 $478,486 $147,876 $330,610
2016 $5,594 $459,908 $142,135 $317,773
2015 $5,368 $453,000 $140,000 $313,000
2014 $4,551 $375,914 $115,827 $260,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24158645

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-050

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