NOT LISTED FOR SALE

Saint Regis Apartments 1030 E Ocean Blvd Unit 704 Long Beach, CA 90802

Alamitos Beach Neighborhood

Estimated Value: $390,000 - $476,000

1 Bed
1 Bath
620 Sq Ft
$318/mo HOA Fee

Last Sold July 13, 2016

Last sale price $295,000 $476 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,133/month

134 Days on Market

Highlights

  • Ocean Front
  • All Bedrooms Downstairs
  • Breakfast Bar
  • Long Beach Polytechnic High School Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of July 2016

Investors, can you imagine the last time you earned a 5.5% gross return on an investment of $305,000? This one bedroom condo, on 7th floor generates $1,400.00 per month as a rental. All utilities (gas, water & electric) are paid for in your HOA dues of $318.00 per month (HOA gives you FREE basic DIRECTV); and as a bonus you get to own an asset that will only appreciate and it is on the beach! This unit has a view of the Queen Mary (Fireworks on the 4th of July). Around springtime you can watch the World famous Grand Prix. You can walk to Shore Line Village, Pine Street and enjoy the restaurants, night clubs and all the other activities you hear advertised on the radio and television. Use the beach lot to grill or just enjoy the view. Did we mention depreciation to help offset your taxes? This Historical Building was completely re-piped in copper a few years ago, including all new traps, tub waste & overflows, and all new drain lines. Well you get the picture, this is not an opportunity to pass up!

Last Agent to Sell the Property

Bob Geraghty

Phoenix Realty & Properties License #01239822 Listed on: 01/26/2016

Last Buyer's Agent

Alice Chu

High Ten Partners, Inc. License #01001569

High Ten Partners, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,373

Year Built

  • Built in 1922

Lot Details

  • Ocean Front
  • Two or More Common Walls

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • On-Street Parking

Property Views

  • Ocean
  • Marina
  • Coastline
  • Panoramic
  • City Lights
  • Peek-A-Boo
  • Views of a landmark

Home Design

  • Split Level Home

Interior Spaces

  • 620 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Space Heater
  • Cable TV Available

Additional Features

  • Property has ocean access
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 7265005195

Community Details

Overview

  • 71 Units
  • 7-Story Property

Amenities

  • Picnic Area
  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,373

Year Built

Built in 1922

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Stove and Refrigerator
  • Other Phone Description: Agent Cell
  • Other Phone Number: 562-659-1534
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265005195
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 620.00
  • Stories: 7
  • Entry Location: Ground Level With Steps,Elevator
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Levels: Multi/Split
  • Price Per Square Foot: 475.81
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Coastline, Landmark, Marina, Ocean, Panoramic, Peek-A-Boo
  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Heating Type: Space Heater
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Cable TV, Picnic Area, Utilities
  • Association Fee: 318.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 71
  • Number Of Units Total: 71
  • Waterfront Features: Ocean Access, Ocean Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Jun 15, 2016
Sold by
Aur Inc
Bought by
Yu Lawrence Tonny and Yu Christy Soo
Seller's Agent
Bob Geraghty
Phoenix Realty & Properties
Buyer's Agent
Alice Chu
High Ten Partners, Inc.
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Current Estimated Value
$443,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,891
Avg. Annual Appreciation
4.60%
Original Mortgage
$221,250
Outstanding Balance
$183,413
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$259,053
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Yu Lawrence Tonny $295,000 Title365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Lawrence Tonny $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2016 07/13/16 Sold $295,000 -3.3% $476 / Sq Ft
06/08/2016 06/08/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $305,000 -- $492 / 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 $4,373 $335,655 $113,781 $221,874
2023 $4,298 $329,074 $111,550 $217,524
2022 $4,032 $322,622 $109,363 $213,259
2021 $3,952 $316,297 $107,219 $209,078
2019 $3,895 $306,918 $104,040 $202,878
2018 $3,813 $300,900 $102,000 $198,900
2016 $1,200 $89,409 $22,588 $66,821
2015 $1,155 $88,067 $22,249 $65,818
2014 $1,153 $86,343 $21,814 $64,529
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bob Geraghty

    Phoenix Realty & Properties

    (562) 659-1534

    2 in this area

    6 Total Sales

    Bob Geraghty
    Section Image
  • Alice Chu

    Buyer's Agent in 2016

    Alice Chu

    High Ten Partners, Inc.

    (626) 675-0308

    10 Total Sales

    Alice Chu
    Section Image
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About Saint Regis Apartments

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16018260

California Regional Multiple Listing Service (CRMLS)

APN: 7265-005-195

California Los Angeles County Long Beach 90802 Alamitos Beach

1030 E Ocean Blvd Unit 704, Long Beach, CA

This home is located at 1030 E Ocean Blvd Unit 704, Long Beach, CA 90802 since 26 January 2016 and is currently estimated at $443,891, approximately $715 per square foot. This property was built in 1922. 1030 E Ocean Blvd Unit 704 is a home located in Los Angeles County with nearby schools including Stevenson Elementary School, Franklin Middle School, and Long Beach Polytechnic High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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