$650,000
SOLD OCT 2, 2020 RENTED JUN 5, 2025
1 Bed
1 Bath
1,006 Sq Ft
$403/mo HOA Fee

Recently Sold

$646 Per Sq Ft

4% Below List Price

39 Days on Market

Highlights

  • Golf Course Community
  • 2-minute walk to Pacific Station
  • Fishing
  • Long Beach Polytechnic High School Rated A
  • Community Stables
  • 5-minute walk to Harvey Milk Promenade Park

About This Home

As of October 2020

Rarely available upper floor loft in the Historic Kress Building with CENTRAL AIR CONDITIONING! Views and natural light abound in this NY Chic urban masterpiece. Completely remodeled kitchen featuring gleaming Quartz countertops, custom cabinetry, built-in pantry, Bosch stainless steel appliances and a induction stove top. Also newly remodeled bathroom, to include glass enclosed shower, custom mosaic and subway tile, pedestal vanity, and more built in storage. A true SPA experience. The Kress is a Long Beach Historic Landmark which enjoys the benefits of the Mills Act providing an ample property tax savings. Extremely pet friendly complex. In the heart of the downtown Long Beach Entertainment corridor, you are footsteps away from the waterfront, nightlife, gourmet restaurants, the Metro blue line and so much more.

Last Agent to Sell the Property

William Hayward

Y Realty License #01722898 Listed on: 07/24/2020

Last Buyer's Agent

Rima Joumblat

Coldwell Banker Realty License #01344456

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,266

Year Built

  • Built in 1925

HOA Fees

  • $403 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Harbor
  • City Lights
  • Peek-A-Boo
  • Mountain
  • Hills
  • Neighborhood

Interior Spaces

  • 1,006 Sq Ft Home
  • Great Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Additional Features

  • Energy-Efficient Appliances
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50924
  • Assessor Parcel Number 7280009063

Community Details

Overview

  • 49 Units
  • Kress HOA, Phone Number (310) 294-5389
  • Bali Management HOA
  • Foothills
  • 9-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pet Restriction

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,266

Year Built

Built in 1925

Lot Details

0

HOA Fees

$403 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: stove, microwave
  • Property Attached: Yes
  • Subdivision Name Other: Kress Lofts
  • View: Yes
  • Zoning: LBCB
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280009063
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1006.00 Square Feet
  • Stories: 9
  • Entry Location: ground floor
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 8
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 646.12
  • Room Type: Great Room, Kitchen, Main Floor Bedroom

Exterior Features

  • View: City Lights, Harbor, Hills, Mountain(s), Neighborhood, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Trash, Sewer, Water, Pet Rules, Call for Rules, Security, Controlled Access, Hot Water
  • Association Fee: 403.00
  • Association Fee Frequency: Monthly
  • Association Name: Kress HOA
  • Phone: 310 294 5389
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Gutters, Horse Trails, Park, Watersports, Stable(s), Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: BAli Management

Schools

  • School District: Long Beach Unified

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 15028.00
  • Lot Size Acres: 0.3450

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15028.0000 Square Feet
  • Number Of Units In Community: 49
  • Number Of Units Total: 49

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 50924

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 4, 2020
Sold by
Stearns Joe P
Bought by
Rosner Madison Rose
Seller's Agent
William Hayward
Y Realty
Buyer's Agent
Rima Joumblat
Coldwell Banker Realty
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Current Estimated Value
$733,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,478
Avg. Annual Appreciation
2.59%
Original Mortgage
$260,000
Outstanding Balance
$232,819
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$500,659

Purchase Details

Listed on
Aug 12, 2016
Closed on
Jan 9, 2017
Sold by
Ramil Leonardo H
Bought by
Ramil Aurora H and Trust A Established Under The Ramil Fami
Seller's Agent
Gloria Connelly
Gloria Connelly
Buyer's Agent
Susan Boyle
Reel Properties
List Price
$575,000
Sold Price
$542,500
Premium/Discount to List
-$32,500
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$434,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2016
Closed on
Dec 21, 2016
Sold by
Ramil Aurora H
Bought by
Stearns Joe P
Seller's Agent
Gloria Connelly
Gloria Connelly
Buyer's Agent
Susan Boyle
Reel Properties
List Price
$575,000
Sold Price
$542,500
Premium/Discount to List
-$32,500
-5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2008
Sold by
Ramil Aurora H
Bought by
Ramil Leonardo H

Purchase Details

Closed on
Dec 29, 2004
Sold by
Ramil Aurora H and The Ramil Family Trust
Bought by
Ramil Aurora H and Trust A

Purchase Details

Closed on
Aug 20, 2004
Sold by
Winders Jeffrey A
Bought by
Ramil Aurora H and The Ramil Family Trust

Purchase Details

Closed on
Aug 13, 2001
Sold by
Rhee Steve D and Rhee Stacy S
Bought by
Winders Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.05%

Purchase Details

Closed on
Jun 13, 1995
Sold by
443-449 Pine Ave Partners Ii Ltd
Bought by
Rhee Steve D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
6.5%
Source: Public Records

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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 $650,000 Ticor Title
Interfamily Deed Transfer -- Ticor Title Company
Grant Deed $542,500 Ticor Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Grant Deed $479,000 Fatcola
Grant Deed $290,000 Old Republic Title
Grant Deed $183,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Previous Owner $434,000 New Conventional
Previous Owner $230,000 Unknown
Previous Owner $232,000 No Value Available
Previous Owner $48,400 Unknown
Previous Owner $170,000 Unknown
Previous Owner $164,700 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Rented $3,300 0.0% --
05/29/2025 05/29/25 For Rent $3,300 0.0% --
10/02/2020 10/02/20 Sold $650,000 -3.7% $646 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $675,000 +24.4% $671 / Sq Ft
01/31/2017 01/31/17 Sold $542,500 -5.7% $539 / Sq Ft
01/23/2017 01/23/17 For Sale $575,000 0.0% $572 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
08/18/2016 08/18/16 Price Changed $575,000 +3.6% $572 / Sq Ft
08/12/2016 08/12/16 For Sale $555,000 -- $552 / 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
2024 $3,266 $240,000 $149,000 $91,000
2023 $4,445 $335,000 $250,000 $85,000
2022 $3,870 $303,000 $200,000 $103,000
2021 $3,848 $303,000 $200,000 $103,000
2019 $3,338 $248,900 $100,000 $148,900
2018 $6,986 $553,350 $221,340 $332,010
2016 $5,193 $425,000 $88,800 $336,200
2015 $5,055 $425,000 $88,800 $336,200
2014 $4,782 $396,000 $82,700 $313,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20147257

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-063