NOT LISTED FOR SALE

Estimated Value: $795,000 - $874,319

2 Beds
1 Bath
1,500 Sq Ft
$544/mo HOA Fee

Last Sold June 01, 2018

Last sale price $650,000 $433 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,978/month

51 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • 11,456 Sq Ft lot
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • Multi-Level Bedroom

About This Home

As of June 2018

HUGE PRICE REDUCTION! PENTHOUSE LOFT IN HISTORIC EBELL THEATRE BUILDING 3 BLOCKS FROM THE BEACH! Located in tree-lined residential beach neighborhood of Alamitos Beach, this unique property started out in the Roaring '20s as a Theatre, then was later converted to lofts in 2005. Historic features inside loft include original 1920s wood-beamed high ceiling & poured concrete walls. High soaring ceilings boast skylights that can be opened by remote, & have a moisture sensor & close automatically if it rains. 2 outdoor spaces, one on each level. Over 1500 SF of living space that is sleek polished concrete floors throughout, open concept m/multiple areas for gathering & working. Views from both balcony and rooftop deck show sparkling city lights at night & fireworks on 4th of July. Bathroom totally remodeled only 8 months ago & features double vanity & walk-in shower & separate tub. The loft has central heat & AC & laundry (included). Tons of storage via modern-styled cabinets & closets w/built-ins, & there are more storage units in the garage. 2 side-by-side parking spaces in secured parking structure. Fantastic property combines historical architecture, modern & contemporary aesthetic, open concept, top floor location & small intimate building (only 11 units) in a convenient, hip neighborhood where you can walk to the ocean or to downtown or Retro Row in 15 minutes. Across street from hip cafe & next to historic building, the Ebell Club, a stunning venue for weddings & filming.

Last Agent to Sell the Property

Nancy Deprez

Vista Sotheby's Int'l Realty License #01899929 Listed on: 04/02/2018

Vista Sotheby's Int'l Realty

Last Buyer's Agent

Anthony Bernard

Pinnacle Estate Properties License #01895306

Pinnacle Estate Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,202

Year Built

  • Built in 1924

Lot Details

  • 0.26

HOA Fees

  • $544 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 1,500 Sq Ft Home
  • Loft
  • Concrete Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Multi-Level Bedroom
  • 1 Full Bathroom
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7275004081

Community Details

Overview

  • Master Insurance
  • 11 Units
  • The Lofts At Ebell Theatre Association, Phone Number (562) 438-9891
  • Maintained Community

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,202

Year Built

Built in 1924

Lot Details

0

HOA Fees

$544 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Gas stove, microwave, dishwasher, refrigerator, washer, and dryer, wine fridge
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBR3S
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7275004081
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 433.33
  • Room Type: Loft, Multi-Level Bedroom
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s)

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Gated, Parking Space, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Gas Range
  • Heating Type: Central
  • Laundry Features: In Closet, Inside, Stackable
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 12
  • Amenities: Gym/Ex Room, Insurance, Maintenance Grounds, Trash, Water, Dues Paid Monthly
  • Association Fee: 544.00
  • Association Fee Frequency: Monthly
  • Association Name: The Lofts at Ebell Theatre
  • Phone: (562) 438-9891
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 11456.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 11
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5765.01
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 3, 2018
Sold by
Sabin Gregory Dane
Bought by
Pena Hugo E
Seller's Agent
Nancy Deprez
Vista Sotheby's Int'l Realty
Buyer's Agent
Anthony Bernard
Pinnacle Estate Properties
List Price
$649,000
Sold Price
$650,000
Premium/Discount to List
$1,000
0.15%
Current Estimated Value
$852,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,466
Avg. Annual Appreciation
3.59%
Original Mortgage
$617,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2015
Sold by
Henry Terri M
Bought by
Gregory Dane Sabin Anf Terri Marie Henry

Purchase Details

Closed on
May 13, 2009
Sold by
Henry Terri
Bought by
Henry Terri M and Terri M Henry Revocable Trust

Purchase Details

Closed on
Apr 19, 2006
Sold by
1100 East Third Group Llc
Bought by
Henry Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,200
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Pena Hugo E $650,000 Orange Coast Title
Gregory Dane Sabin Anf Terri Marie Henry -- None Available
Henry Terri M -- None Available
Henry Terri $689,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pena Hugo A $615,765
Closed Pena Hugo E $617,500
Previous Owner Henry Terri $570,000
Previous Owner Henry Terri $551,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $650,000 +4.0% $433 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
04/26/2018 04/26/18 Price Changed $625,000 -3.7% $417 / Sq Ft
04/02/2018 04/02/18 For Sale $649,000 -- $433 / 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
2025 $9,202 $739,583 $227,563 $512,020
2024 $9,202 $725,082 $223,101 $501,981
2023 $9,048 $710,866 $218,727 $492,139
2022 $8,486 $696,929 $214,439 $482,490
2021 $8,318 $683,265 $210,235 $473,030
2019 $8,197 $663,000 $204,000 $459,000
2018 $5,370 $432,000 $125,400 $306,600
2016 $6,144 $520,000 $324,800 $195,200
2015 $5,981 $520,000 $324,800 $195,200
2014 $6,051 $520,000 $324,800 $195,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18070783

California Regional Multiple Listing Service (CRMLS)

APN: 7275-004-081