NOT LISTED FOR SALE

Estimated Value: $687,000 - $751,723

1 Bed
1 Bath
1,463 Sq Ft
0.53 Acres

Last Sold June 13, 2017

Last sale price $579,000 $396 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,071/month

Highlights

  • City Lights View
  • 1-minute walk to Pacific Station
  • Midcentury Modern Architecture
  • Long Beach Polytechnic High School Rated A
  • Open Floorplan
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of January 2024

Urban luxury Loft living in the heart of Downtown. This historical Walker building was built in 1929 by the architecture firm Meyer and Holler, famous for their luxury commercial buildings and movie theatres such as the Grauman’s Chinese and Egyptian theatres. It was named Walker Building after the department store it housed for 50 years. In the early 2000’s the building was adapted for mixed use by Interstices architects who designed the interior lofts. This four-story building contains 39 Manhattan-Style lofts and 7 contemporary penthouses on the rooftop whose art stone and original crenulation along the edge of the roof were recreated in concrete. Enter this unit thru a beautiful entrance hallway that opens up to its open concept living space. This loft has original oak hardwood floors, 13’ ceilings, amazing art-deco cement pillars. Kitchen has concrete counter tops with beautiful stainless-steel appliances including a 6-burner gas stove. Plenty of natural sunlight from the large front windows facing Pine Ave. Upper level loft bedroom. Large master bathroom has separated shower and tub with dual sinks. Separate walk-in closet with custom armoire glass doors and compartments. Inside washer/dryer closet. Plenty of private storage space hidden inside the unit. Secured subterranean parking. Community rooftop area with a firepit, BBQ, lounge area and conference room. Close to metrolink. Walk to marina, BEACH, Pike, Shoreline Village, Convention & Performing Arts Centers. The walkability & biking here makes this a perfect place to live.

Last Agent to Rent the Property

Debra Kahookele

Vylla Home, Inc License #01757031 Listed on: 11/08/2023

Last Renter's Agent

Debra Kahookele

Vylla Home, Inc License #01757031 Listed on: 11/08/2023

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1929

Lot Details

  • 0.53

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor
  • Turnkey
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,463 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Living Room
  • Loft
  • City Lights Views
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Dual Sinks
  • Separate Shower
  • Exhaust Fan In Bathroom

Additional Features

  • Patio
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,800
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 12/1/23
  • Tax Lot 1
  • Tax Tract Number 53171
  • Assessor Parcel Number 7280009097

Community Details

Overview

  • Property has a Home Owners Association
  • 44 Units
  • Walker Association, Phone Number (562) 221-2187
  • Built by Walker Bldg

Amenities

  • Community Barbecue Grill

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Year Built

Built in 1929

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-12-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3800
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7280009097
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1463.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Concrete, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.38
  • Room Type: Kitchen, Living Room, Loft, Walk-In Closet
  • Bathroom Features: Double Sinks In Bath(s), Exhaust Fan(s), Separate Tub And Shower

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: No
  • Builder Name: Walker Bldg
  • Pool Private: No
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue
  • Association Name: Walker
  • Phone: 562-221-2187
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 23229.00
  • Lot Size Acres: 0.5333

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 23229.0000 Square Feet
  • Management Co: Walker - Mike
  • Management Co Phone: 562-221-2187
  • Number Of Units In Community: 44
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 53171

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 8, 2017
Sold by
Sayama Dorothy S
Bought by
Marshall Michael J
Seller's Agent
Scott Hamilton
Engel & Völkers Long Beach
Buyer's Agent
William Hayward
Y Realty
List Price
$569,000
Sold Price
$579,000
Premium/Discount to List
$10,000
1.76%
Current Estimated Value
$727,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,431
Avg. Annual Appreciation
2.70%
Original Mortgage
$463,200
Outstanding Balance
$384,679
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$342,752

Purchase Details

Listed on
Aug 8, 2016
Closed on
Oct 17, 2016
Sold by
Forbes Michael R
Bought by
Sayama Dorothy S
Seller's Agent
Spencer Pabst
Pabst, Kinney & Associates
Buyer's Agent
Stephen Sakai
Corcoran Global Living
List Price
$569,000
Sold Price
$525,000
Premium/Discount to List
-$44,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.11%

Purchase Details

Closed on
Apr 9, 2002
Sold by
Walker Building Condominiums Lp
Bought by
Forbes Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.74%
Source: Public Records

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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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
Marshall Michael J $579,000 Orange Coast Title Company
Sayama Dorothy S $525,000 Fidelity National Title Co
Forbes Michael R $377,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Michael J $463,200
Previous Owner Forbes Michael R $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2024 01/22/24 Rented $3,475 0.0% --
12/12/2023 12/12/23 Under Contract -- -- --
11/14/2023 11/14/23 Price Changed $3,475 -3.5% $2 / Sq Ft
11/08/2023 11/08/23 For Rent $3,600 0.0% --
06/13/2017 06/13/17 Sold $579,000 +1.8% $396 / Sq Ft View Prior Sale
05/02/2017 05/02/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $569,000 +8.4% $389 / Sq Ft
10/28/2016 10/28/16 Sold $525,000 -4.4% $359 / Sq Ft View Prior Sale
10/17/2016 10/17/16 Pending -- -- --
09/13/2016 09/13/16 Price Changed $549,000 -3.5% $375 / Sq Ft
08/08/2016 08/08/16 For Sale $569,000 -- $389 / 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 $3,646 $243,000 $98,000 $145,000
2024 $3,646 $257,000 $103,000 $154,000
2023 $4,401 $318,000 $127,000 $191,000
2022 $7,958 $633,216 $251,537 $381,679
2021 $7,697 $620,801 $246,605 $374,196
2019 $7,584 $602,391 $239,292 $363,099
2018 $7,415 $590,580 $234,600 $355,980
2016 $5,692 $470,212 $187,185 $283,027
2015 $5,462 $463,150 $184,374 $278,776
2014 $5,397 $452,000 $180,000 $272,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23206422

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-097