NOT LISTED FOR SALE

Estimated Value: $1,233,000 - $1,369,000

2 Beds
2 Baths
1,540 Sq Ft
$875/mo HOA Fee

Last Sold March 29, 2023

Last sale price $1,075,000 $698 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $8,842/month

84 Days on Market

Highlights

  • Concierge
  • Ocean Front
  • Cabana
  • Long Beach Polytechnic High School Rated A
  • Gated with Attendant
  • Primary Bedroom Suite

About This Home

As of March 2023

Exquisite luxury OCEAN VIEW home with unobstructed 270-degree views, Glass-lined walls, fireplace and a penthouse pedigree.
With a design esthetic that acquaints itself to the interiors of Billionaires row on New York's famed Park Avenue, this custom designed ocean home with glass lined walls of windows exceed all expectations and set the platinum standard for the epitome of luxury living @ oceanfront with the added benefit of sheer electricity and sensual awareness of evening romantic views of cities near and far glamorized with explosions of lights, most familiar with NYC. Located in the Premier Ocean Front Community of The Ocean Club, this turnkey secluded corner property with 1 shared wall has 2 bedrooms, 2 bathrooms and 1540 sf. Floor to ceiling windows boasts stunning vantage points with beach, ocean, cities, harbor, coastline views coupled with a balcony for your chic entertaining or romantic evenings. This classically modernistic open floor plan style, remodeled with luxury materials of Canadian wood flooring, polished travertine tile and perfectly appointed custom cabinets, Viking and Sub-Zero appliances & wine refrigerator pleasing the most discerning of palettes. The 2nd bedroom has been converted into an office with exquisite build-in cabinetry, easily converted back into a bedroom. This luxury home with amenities as 24 hr concierge, dry cleaning service, secure acceptance of your packages, gym for you and your private trainer, guest suite rentable for overnight guests as the social room for your private parties or meetings. The expansive patio deck encourages room for entertaining or relaxation with a pool, jacuzzi, fire pit with a barbecue area accompanied by the gorgeous backdrop of the Pacific Ocean and Queen Mary. This home contains 2 secured underground parking spaces, direct access to the beach and walking distance to Pine Ave. and public transportation. This lifestyle luxury home with a spectacular spectrum of views and vantage points of the ocean, city and beyond can be your lottery ticket to your penthouse pedigree dream home. Information deemed reliable but not guaranteed. Buyer has responsibility of verification of all information in this unit including and not limited to the Ocean Club Rules, regulations and HOA Docs. Broker/brokers agents do not represent or guarantee accuracy of info see private remarks. There will be furniture for sale but will NOT be included as part of the RPA-see private remarks.

Last Agent to Sell the Property

Charles Provenzano

Vista Sotheby's Int'l Realty License #02079236 Listed on: 12/01/2022

Vista Sotheby's Int'l Realty

Last Buyer's Agent

Charles Provenzano

Vista Sotheby's Int'l Realty License #02079236 Listed on: 12/01/2022

Vista Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,879

Year Built

  • Built in 1984

Lot Details

  • Ocean Front
  • 1 Common Wall
  • South Facing Home
  • Front and Back Yard Sprinklers
  • Density is up to 1 Unit/Acre

HOA Fees

  • $875 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener
  • No Driveway
  • Gated Parking
  • Guest Parking

Property Views

  • Ocean
  • Marina
  • Coastline
  • Harbor
  • Catalina
  • Panoramic
  • Views of Vincent Thomas Bridge
  • Bridge
  • City Lights
  • Neighborhood

Home Design

  • Modern Architecture
  • Fire Rated Drywall
  • Steel Beams
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Built-In Features
  • Track Lighting
  • Awning
  • Tinted Windows
  • Plantation Shutters
  • Custom Window Coverings
  • Formal Entry
  • Living Room with Fireplace
  • Home Office
  • Center Hall

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Security Lights
  • Closed Circuit Camera
  • Pest Guard System

Pool

  • Cabana
  • Heated Spa
  • In Ground Spa
  • Heated Pool
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 25192
  • Assessor Parcel Number 7265008096
  • $265 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 116 Units
  • The Ocean Club Association, Phone Number (562) 435-0055
  • Management Trust HOA
  • Alamitos Beach Subdivision
  • Maintained Community

Amenities

  • Concierge
  • Community Fire Pit
  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Recreation Room

Recreation

  • Community Pool
  • Community Spa
  • Water Sports
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction
  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,879

Year Built

Built in 1984

Lot Details

0

HOA Fees

$875 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stackable wash/dryer; refrigerator; attached T.V.'s in living, small kitchen and den.
  • Property Attached: Yes
  • Security: Gated with Attendant, Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Resident Manager, Security Lights, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265008096
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1540.00 Square Feet
  • Interior Amenities: Built-in Features, Track Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 698.05
  • Room Type: All Bedrooms Down, Center Hall, Den, Entry, Formal Entry, Foyer, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Association, Community, Heated, In Ground
  • Window Features: Custom Covering, Plantation Shutters, Tinted Windows
  • Bathroom Features: Shower, Closet In Bathroom, Double Sinks In Master Bath, Stone Counters, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Exterior Features: Awning(s), Rain Gutters
  • View: Bridge(s), Catalina, City Lights, Coastline, Harbor, Marina, Neighborhood, Ocean, Panoramic, Vincent Thomas Bridge, Water
  • Patio And Porch Features: Cabana, Concrete, Patio, Patio Open
  • Pool Features: Association, Community, Fenced, Heated
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Glass, Steel

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Paved, Garage Faces Side, Garage Door Opener, Gated, Guest, No Driveway, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Sauna, Fire Pit, Barbecue, Pest Control, Billiard Room, Recreation Room, Concierge, Earthquake Insurance, Maintenance Grounds, Trash, Water, Pet Rules, Pets Permitted, Weight Limit, Call for Rules, Management, Controlled Access, Hot Water, Maintenance Front Yard
  • Association Fee: 875.00
  • Association Fee Frequency: Monthly
  • Association Name: The Ocean Club
  • Phone: 562.435.0055
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Gutters, Watersports, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Management Trust

Schools

  • School District: Long Beach Unified

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 42888

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 116
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 1
  • Tax Tract: 25192
  • Tax Tract Number: 25192
  • TaxOtherAnnualAssessmentAmount: 264.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Mar 7, 2023
Sold by
Linda Hazel Cleary Trust
Bought by
Bufano Tracy and Paine Scott A
Seller's Agent
Charles Provenzano
Vista Sotheby's Int'l Realty
Buyer's Agent
Charles Provenzano
Vista Sotheby's Int'l Realty
List Price
$1,199,999
Sold Price
$1,075,000
Premium/Discount to List
-$124,999
-10.42%
Views
58
Current Estimated Value
$1,288,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,260
Avg. Annual Appreciation
7.51%
Original Mortgage
$860,000
Outstanding Balance
$833,910
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$454,350

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 30, 2021
Sold by
Sharon Gerson Living Trust and Sharon Gerson Living Trust
Bought by
Linda Hazel Cleary Trust and Cleary
Seller's Agent
Teresa Fuller
COMPASS
Buyer's Agent
Linda Moss
Coldwell Banker Realty
List Price
$1,249,000
Sold Price
$1,195,000
Premium/Discount to List
-$54,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.64%
Original Mortgage
$822,375
Interest Rate
1.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Gerson Sharon K
Bought by
Gerson Sharon K and Sharon Gerson Living Trust

Purchase Details

Listed on
Nov 10, 2013
Closed on
Nov 27, 2013
Sold by
Keranen Michael Stephen
Bought by
Gerson Sharon K and Sharon Gerson Living Trust
Seller's Agent
Kent Miller
Keller Williams Luxury Homes
Buyer's Agent
NonMember AgentDefault
NonMember OfficeDefault
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.21%

Purchase Details

Closed on
Jul 20, 2010
Sold by
Keranen Michael S and Miller Kent R
Bought by
Keranen Michael Stephen and Miller Kent Robert

Purchase Details

Closed on
Aug 4, 2006
Sold by
Campbell Linda W and Linda W Campbell Trust
Bought by
Keranen Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Bufano Tracy $1,075,000 Ticor Title
Linda Hazel Cleary Trust $1,195,000 Pacific Coast Title
Gerson Sharon K -- None Available
Gerson Sharon K $890,000 Wfg Title Company
Keranen Michael Stephen -- None Available
Keranen Michael S $735,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bufano Tracy $860,000
Previous Owner Linda Hazel Cleary Trust $822,375
Previous Owner Keranen Michael S $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2023 03/29/23 Sold $1,075,000 -2.3% $698 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/04/2023 02/04/23 Price Changed $1,100,000 -4.3% $714 / Sq Ft
01/13/2023 01/13/23 Price Changed $1,150,000 -4.1% $747 / Sq Ft
12/30/2022 12/30/22 Price Changed $1,199,000 -0.1% $779 / Sq Ft
12/17/2022 12/17/22 Price Changed $1,199,995 0.0% $779 / Sq Ft
12/08/2022 12/08/22 For Sale $1,199,999 0.0% $779 / Sq Ft
12/07/2022 12/07/22 Price Changed $1,199,999 +0.4% $779 / Sq Ft
09/14/2021 09/14/21 Sold $1,195,000 0.0% $776 / Sq Ft View Prior Sale
07/28/2021 07/28/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $1,195,000 -4.3% $776 / Sq Ft
06/10/2021 06/10/21 For Sale $1,249,000 +40.3% $811 / Sq Ft
01/10/2014 01/10/14 Sold $890,000 -1.0% $578 / Sq Ft View Prior Sale
11/20/2013 11/20/13 Pending -- -- --
11/10/2013 11/10/13 For Sale $899,000 -- $584 / 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 $13,879 $1,118,430 $447,372 $671,058
2024 $13,879 $1,096,500 $438,600 $657,900
2023 $15,440 $1,218,900 $517,344 $701,556
2022 $14,475 $1,195,000 $507,200 $687,800
2021 $12,252 $1,007,925 $326,612 $681,313
2019 $12,076 $978,030 $316,925 $661,105
2018 $11,811 $958,854 $310,711 $648,143
2016 $10,864 $921,623 $298,647 $622,976
2015 $10,418 $907,781 $294,162 $613,619
2014 $9,268 $803,304 $393,455 $409,849
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22246642

California Regional Multiple Listing Service (CRMLS)

APN: 7265-008-096