NOT LISTED FOR SALE

Estimated Value: $634,509

1 Bed
1 Bath
1,021 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: January 7, 2016

Last sale price $472,500 $463 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,145 / mo

6 Days on Market

Highlights

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

About This Home

As of January 2016

EXTRAORDINARY LOFT IN THE HISTORIC KRESS BUILDING! END UNIT WITH REMARKABLY LARGE WINDOWS AND FANTASTIC VIEWS OF THE CITY, HOLLYWOOD HILLS AND MUCH MORE! THIS HOME IS UNIQUELY SUITED FOR ANYONE SEEKING AN UPSCALE URBAN LIFE STYLE.
HOME FEATURES HARDWOOD FLOORS OPEN FLOOR PLAN, VAULTED CEILINGS, EXTRA LIGHTING, DESIGNER PAINT, TWO SETS OF CUSTOM CLOSETS FOR ADDITIONAL STORAGE, DEEP TUB IN A SPACIOUS BATHROOM. ADDITIONAL ITEMS THAT ARE INCLUDED ARE BUTCHER BLOCK ISLAND WITH ADDITIONAL STORAGE, STAINLESS STEEL REFRIGERATOR AND COUNTER TOP MICROWAVE. THERE'S ALSO AN EXTRA STORAGE UNIT IN FRONT OF THE SECURED PARKING FOR THIS UNIT. BUILDING BOASTS AN EXCEPTIONAL ROOF TOP AREA FOR ENTERTAINING OR RELAXING, SECURITY ACCESS FOR BOTH ENTRANCES AND FOR THE UNDERGROUND PARKING. THE KRESS BUILDING IS WITHIN WALKING DISTANCE TO THE BLUE-LINE TRAIN OFFERING TRAFFIC-FREE CONNECTION TO LOS ANGELES, SHOPS, THE NEW PIKE OUTLETS, DINING, FAMOUS ENTERTAINMENT SUCH AS THE QUEEN MARY, THE AQUARIUM OF THE PACIFIC AND MUCH MORE! BUILDING IS WIRED FOR HIGH SPEED VERIZON FIOS INTERNET AND TV.THIS HISTORICAL BUILDING IS A REAL GEM AND OFTEN FEATURED IN MOVIES AND COMMERCIALS! THIS HOME IS SPECIALLY DESIGNED FOR THE MOST DISTINGUISHED OF BUYERS! SCHEDULE YOUR PRIVATE TOUR TODAY!...

Last Agent to Sell the Property

Rochelle Chacon

Coldwell Banker Realty License #01759496 Listed on: 11/05/2015

Coldwell Banker Realty

Last Buyer's Agent

Carmen LeMon

Keller Williams Coastal Prop. License #01504247

Range of Values:

--
Value Increase
--
Percent Increase
--
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

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Private Parking
  • Front Facing Garage
  • Gated Parking
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • City Lights
  • Hills
  • Neighborhood

Home Design

  • Loft
  • Unfinished Walls
  • Interior Block Wall
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,021 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Brick Wall or Ceiling
  • Cathedral Ceiling
  • Recessed Lighting
  • Track Lighting
  • Storage
  • Wood Flooring

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Utilities

  • Radiant Heating System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009052

Community Details

Overview

  • Master Insurance
  • 36 Units
  • Bali Management Group, Inc. Association, Phone Number (310) 294-5370
  • Maintained Community

Amenities

  • Laundry Facilities

Security

  • 24-Hour Security
  • Controlled Access
  • Fire and Smoke Detector
  • Firewall

Property Details

Home Type

Condominium

Year Built

Built in 1925

Lot Details

0.35 Acres

HOA Fees

$315 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: BUTCHER BLOCK ISLAND, COUNTER TOP MICROWAVE, STACKABLE WASHER/DRYER, PORTABLE STORAGE UNIT IN GARAGE AREA
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: 24 Hour Security, Firewall(s), Fire and Smoke Detection System, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 7280009052
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1021.00
  • Interior Amenities: Built-in Features, Block Walls, Brick Walls, Cathedral Ceiling(s), High Ceilings, Open Floorplan, Recessed Lighting, Storage, Track Lighting, Unfinished Walls
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 462.78
  • Room Type: Loft

Exterior Features

  • View: City Lights, Hills, Neighborhood
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Garage Faces Front, Gated, Private, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Cooktop, Disposal, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: In Closet, In Kitchen, Inside, Stackable, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Dues Paid Monthly, Insurance, Maintenance Grounds, Security, Trash, Water
  • Association Fee: 315.00
  • Association Fee Frequency: Monthly
  • Association Name: Bali Management Group, Inc.
  • Phone: 310-294-5370
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains, Urban

Lot Info

  • Lot Size Sq Ft: 15028.00
  • Price Per Lot Square Foot: 31.44
  • Lot Size Acres: 0.3450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15028.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • 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
Nov 5, 2015
Closed on
Nov 17, 2015
Sold by
Lucens Wenzel
Bought by
Seller's Agent
Rochelle Chacon
Coldwell Banker Realty
Buyer's Agent
Carmen LeMon
Keller Williams Coastal Prop.
List Price
$475,000
Sold Price
$472,500
Premium/Discount to List
-$2,500
-0.53%
Current Estimated Value
$634,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,009
Avg. Annual Appreciation
2.79%
Original Mortgage
$441,281
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Heep Donald J
Bought by
Luczywek Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 2, 1998
Sold by
Heep Lisa M
Bought by
Heep Donald J

Purchase Details

Closed on
Mar 3, 1997
Sold by
443 449 Pine Ave Partners Ii Ltd
Bought by
Milne Madelaine A
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
-- Title 365
-- $472,500 Title 365
Luczywek Michael $490,000 Old Republic
Heep Donald J -- Commonwealth Land Title Co
Heep Donald J $195,000 Commonwealth Land Title Co
Milne Madelaine A $165,000 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 -- $411,000
Closed -- $426,000
Previous Owner -- $441,281
Previous Owner Luczywek Michael $440,000
Previous Owner Luczywek Michael $25,000
Previous Owner Luczywek Michael $391,000
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
01/07/2016 01/07/16 Sold $472,500 -- $463 / 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 $2,973 $226,000 $90,400 $135,600
2025 $2,973 $204,000 $82,000 $122,000
2024 $3,211 $230,000 $92,000 $138,000
2023 $4,266 $315,000 $100,000 $215,000
2022 $3,579 $273,000 $100,000 $173,000
2021 $3,559 $273,000 $100,000 $173,000
2019 $3,214 $239,000 $100,000 $139,000
2018 $6,226 $491,588 $196,115 $295,473
2016 $4,984 $415,000 $84,700 $330,300
2015 $4,852 $415,000 $84,700 $330,300
2014 $4,588 $387,000 $79,000 $308,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15240268

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-052

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