NOT LISTED FOR SALE

Estimated Value: $351,000 - $406,000

1 Bed
1 Bath
606 Sq Ft
$178/mo HOA Fee

Last Sold April 04, 2024

Last sale price $386,000 $637 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,457/month

38 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • End Unit
  • Long Beach Polytechnic High School Rated A
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of April 2024

Ideal location! This spacious, lovely 1-bedroom in the heart of Alamitos Beach is in a quiet area of an attractive residential neighborhood, yet in easy walking distance to the beach, downtown shops and nightlife, the Arts District, Retro Row and Shoreline Village.

This home is packed with pluses: +beautiful original oak floors, +fresh paint in the open kitchen and living room, +tons of storage space throughout the unit, +large windows looking onto the spacious courtyard with mature, well-kept garden, +newer remodeled kitchen and bathroom, +high-end kitchen appliances, incl. dishwasher, microwave, garbage disposal and gas range/oven, +custom cabinets, +plenty of granite countertops with a matching built-in dining/entertaining bar, +custom crown molding throughout unit, +double-pane windows, +ceiling fan in bedroom, +gated front and back entrance, +low HOA fee.


+Buyer may opt to take over rental of on-site garage with door opener (month-to-month basis).
+Neighborhood walk score of 93/100 and dense network of bike lanes.
+Separate laundry unit for HOA members.

+HOA fee includes trash, water, sewer, building maintenance, controlled access, gardening, insurance.

+Two blocks and you descend to the beach and bike path, taking you to Yoga on the Bluff, volleyball and basketball courts, playgrounds, cafés and much more directly on the beach!

Last Agent to Sell the Property

Rob Regan

Keller Williams Coastal Proper License #02208390 Listed on: 02/09/2024

Keller Williams Coastal Proper

Last Buyer's Agent

Lori Loucks

Seven Gables Real Estate License #01818471

Seven Gables Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • On-Street Parking

Interior Spaces

  • 606 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Double Pane Windows
  • Dining Room
  • Storage
  • Laundry Room
  • Wood Flooring
  • Courtyard Views

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Patio
  • Front Porch

Schools

  • Franklin Middle School
  • Polytechnic High School

Utilities

  • Wall Furnace
  • Hot Water Heating System
  • Standard Electricity

Additional Features

  • Grab Bar In Bathroom
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 7265002163

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 12 Units
  • Olive Crest Association, Phone Number (562) 432-3322
  • Appleby Property Management HOA
  • Maintained Community

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Bike Trail

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,969

Year Built

Built in 1955 | Remodeled

Lot Details

0

HOA Fees

$178 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: LBR4
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265002163
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 606.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Storage, Tile Counters
  • Stories: 2
  • Entry Location: main gate
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 636.96
  • Room Type: Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Exhaust Fan(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Insurance, Maintenance Grounds, Trash, Sewer, Water, Management, Controlled Access, Hot Water, Maintenance Front Yard
  • Association Fee: 178.00
  • Association Fee Frequency: Monthly
  • Association Name: Olive Crest
  • Phone: 562-432-3322
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Urban
  • Association Management: Appleby Property Management

Schools

  • School District: Long Beach Unified
  • Middle School: Franklin
  • High School: Polytechnic
  • High School: Polytechnic
  • Middle Or Junior School: Franklin
  • High School2: POLYTE

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2024
Closed on
Mar 29, 2024
Sold by
Diekmann Ginger A
Bought by
Mora Carlos
Seller's Agent
Rob Regan
Keller Williams Coastal Proper
Buyer's Agent
Lori Loucks
Seven Gables Real Estate
List Price
$389,000
Sold Price
$386,000
Premium/Discount to List
-$3,000
-0.77%
Views
148
Current Estimated Value
$381,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,877
Avg. Annual Appreciation
-0.71%
Original Mortgage
$347,400
Outstanding Balance
$343,803
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$38,807

Purchase Details

Closed on
Jul 31, 2018
Sold by
Page Ellie
Bought by
Diekmann Ginger A

Purchase Details

Listed on
Jul 26, 2012
Closed on
Oct 3, 2012
Sold by
Liu Shajia
Bought by
Diekmann Gordon J
Seller's Agent
David Guarino
First Team Real Estate
Buyer's Agent
Valerie Condon
Keller Williams Coastal Prop.
List Price
$125,000
Sold Price
$122,000
Premium/Discount to List
-$3,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$75,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Liu Shajia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2010
Sold by
Langemeier Lori
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 7, 2004
Sold by
Gray Kathleen A and Mcgraw Stephanie A
Bought by
Langemeier Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Mora Carlos $386,000 Provident Title Company
Diekmann Ginger A -- None Available
Diekmann Gordon J $122,000 Western Resources Title Comm
Liu Shajia $98,000 Ticor Title Riverside
Federal Home Loan Mortgage Corporation $169,234 Accommodation
Langemeier Lori $215,000 Equity Title
Gray Kathleen A -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mora Carlos $347,400
Previous Owner Diekmann Gordon J $75,000
Previous Owner Liu Shajia $70,000
Previous Owner Langemeier Lori $244,000
Previous Owner Langemeier Lori $63,000
Previous Owner Langemeier Lori $172,000
Closed Langemeier Lori $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $386,000 -0.8% $637 / Sq Ft
02/09/2024 02/09/24 For Sale $389,000 +218.9% $642 / Sq Ft
10/31/2012 10/31/12 Sold $122,000 -2.4% $201 / Sq Ft
07/26/2012 07/26/12 For Sale $125,000 -- $206 / 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 $1,969 $147,278 $60,360 $86,918
2023 $1,932 $144,391 $59,177 $85,214
2022 $1,815 $141,561 $58,017 $83,544
2021 $1,773 $138,786 $56,880 $81,906
2020 $1,768 $137,364 $56,297 $81,067
2019 $1,746 $134,672 $55,194 $79,478
2018 $1,695 $132,032 $54,112 $77,920
2016 $1,558 $126,907 $52,011 $74,896
2015 $1,497 $125,001 $51,230 $73,771
2014 $1,491 $122,553 $50,227 $72,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24010148

California Regional Multiple Listing Service (CRMLS)

APN: 7265-002-163