$520,000
SOLD DEC 21, 2021

1250 E Ocean Blvd Unit 205 Long Beach, CA 90802

Alamitos Beach Neighborhood
1 Bed
1 Bath
700 Sq Ft
$180/mo HOA Fee

Recently Sold

$743 Per Sq Ft

4% Above List Price

19 Days on Market

Highlights

  • Property has ocean access
  • 24-Hour Security
  • 0.23 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Updated Kitchen
  • Open Floorplan

About This Home

As of December 2021

A rare opportunity has come along to own an affordable and spacious one bedroom/one bath condominium at the beach. The 1958 El Dorado Condominiums are an icon of Mid-Century design. Located in trendy Alamitos Beach, the building is on the beach side of Ocean Boulevard at 7th Place - a highly sought-after location! The building has direct access to the sand with the bike and jogging path just steps away! The unit has undergone a recent remodel with new kitchen and bath cabinets with soft-close drawers, new quartz cabinets, all new stainless steel appliances, new plumbing and lighting fixtures, newer dual-pane windows, bamboo laminate w/ base molding and porcelain and granite tile floors. You will appreciate the great light and flow this unit has. From the entry foyer to the must-have office/tech area and spacious living room, you will appreciate how the living areas open to the dining and kitchen. The bedroom hall has a floor to ceiling wall of useful linen storage. The inviting bathroom has a deep claw-foot tub w/ shower, cantilevered glass shelving and a window to let in the fresh ocean air. The spacious bedroom has plenty of room for a king sized bed as well as other furniture and offers both a wall of built in closets as well as a small walk-in closet. There is a 4-line bus stop at the opposite corner of 7th Pl, making shopping or dining in either downtown or Belmont Shore a quick ride or a leisurely jaunt away. And just 2.5 blocks to Broadway and you have your choice of neighborhood restaurants, shops and night-life. This is the best priced one bedroom condominium along Alamitos Beach! Don't wait to see this property!!

Last Agent to Sell the Property

Mike Albanese

Engel & Völkers Pasadena License #01977959 Listed on: 11/04/2021

Engel & Völkers Pasadena

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,939

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • Two or More Common Walls
  • Cul-De-Sac
  • Security Fence
  • Landscaped

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway Level
  • Automatic Gate
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 700 Sq Ft Home
  • Open Floorplan
  • Double Pane Windows
  • Panel Doors
  • Entrance Foyer
  • Living Room
  • Storage
  • Bluff Views
  • Home Security System

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Upgraded Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Low Flow Toliet
  • Soaking Tub
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Legal Lot and Block 3 / 8
  • Tax Tract Number 5500
  • Assessor Parcel Number 7265007162
  • $202 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 21 Units
  • El Dorado Association, Phone Number (562) 595-2592

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Dog Park
  • Bike Trail

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,939

Year Built

Built in 1958 | Remodeled

Lot Details

0

HOA Fees

$180 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Resident Manager, Security System, Smoke Detector(s)
  • View: No
  • Zoning: LBPD5
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265007162
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Interior Amenities: Elevator, Open Floorplan, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Panel Doors
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 742.86
  • Room Type: Foyer, Kitchen, Living Room, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Quartz Counters, Soaking Tub, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Fence: Yes
  • Fencing: Security
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Driveway Level, Garage Door Opener, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Microwave, Vented Exhaust Fan
  • Heating Type: Wall Furnace
  • Laundry Features: Community, In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Maintenance Front Yard
  • Association Fee: 540.00
  • Association Fee Frequency: Quarterly
  • Association Name: El Dorado
  • Phone: 5625952592
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: El Dorado

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Bluff, Corner Lot, Cul-De-Sac, Landscaped, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 9882.00
  • Lot Size Acres: 0.2269

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9882.0000 Square Feet
  • Number Of Units In Community: 21
  • Number Of Units Total: 21
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 5766.01
  • Tax Lot: 3
  • Tax Tract Number: 5500
  • TaxOtherAnnualAssessmentAmount: 202.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Dec 2, 2021
Sold by
Robertson Jeremy Dylan and Tracy Marsha Faye
Bought by
Melgarea Jesse
Seller's Agent
Mike Albanese
Engel & Völkers Pasadena
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%
Current Estimated Value
$531,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,487
Avg. Annual Appreciation
0.58%
Original Mortgage
$0
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Tracy Robert Nottingham
Bought by
Tracy Marsha Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Interest Rate
5.93%

Purchase Details

Closed on
Jan 15, 2003
Sold by
Morrison Stephanie
Bought by
Robertson Jeremy Dylan and Tracy Marsha Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,920
Interest Rate
5.93%

Purchase Details

Closed on
Apr 29, 1999
Sold by
Dunn Doris I
Bought by
Morrison Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $520,000 Orange Coast Title
Interfamily Deed Transfer -- Natc
Grant Deed $175,000 Natc
Grant Deed $64,000 United Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $139,920 No Value Available
Previous Owner $62,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Rented $2,095 0.0% --
04/07/2023 04/07/23 Price Changed $2,095 -8.7% $3 / Sq Ft
03/25/2023 03/25/23 For Rent $2,295 0.0% --
12/21/2021 12/21/21 Sold $520,000 +4.0% $743 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $500,000 -- $714 / 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 $6,939 $551,827 $244,077 $307,750
2024 $6,939 $541,008 $239,292 $301,716
2023 $6,822 $530,400 $234,600 $295,800
2022 $6,398 $520,000 $230,000 $290,000
2021 $2,990 $234,006 $151,324 $82,682
2019 $2,947 $227,068 $146,837 $80,231
2018 $2,878 $222,616 $143,958 $78,658
2016 $2,650 $213,973 $138,369 $75,604
2015 $2,545 $210,760 $136,291 $74,469
2014 $2,531 $206,633 $133,622 $73,011
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF21239127

California Regional Multiple Listing Service (CRMLS)

APN: 7265-007-162