NOT LISTED FOR SALE

Estimated Value: $161,000 - $310,869

-- Bed
1 Bath
199 Sq Ft
$61/mo HOA Fee

Last Sold September 19, 2016

Last sale price $85,000 $427 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,386/month

77 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to 1St Street Station
  • Outdoor Cooking Area
  • Long Beach Polytechnic High School Rated A
  • Fireplace in Bathroom
  • Billiard Room

About This Home

As of September 2016

Why rent an office when you can own it for less than the monthly cost of a rental? This comfortable office condo with a 3/4 bath is located on the second floor of the Broadway (520 E. Broadway) Building, part of the historic Lafayette complex. HOA is only $61 a month and for this disbursement you have access to the top floor solarium of the Campbell Building ( a great venue for your client appreciation party) and one of the best free fitness centers in the city. Storage lockers, subject to availability, are available for rent and there are affiliations for parking lots in the East Arts District. All office furnishings are included. Use your equity line of credit or cash to purchase this condo. Owner may consider carrying back paper with a substantial down payment. This is an office/ work space and CAN NOT BE USED FOR RESIDENTIAL LIVING SPACE. There are only about 20 office condos in all of Long Beach and 12 of them are in the Lafayette.

Last Agent to Sell the Property

Jack Nendel

RE/MAX College Park Realty License #01398315 Listed on: 06/11/2016

RE/MAX College Park Realty

Last Buyer's Agent

Amable John Aguiluz XIII

First Team Real Estate License #01846637

First Team Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,396

Year Built

  • Built in 1948

Lot Details

  • 0.77

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • Parking Available

Home Design

  • 199 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Fireplace in Bathroom

Utilities

  • Hot Water Heating System
  • Sewer Paid

Additional Features

  • Laundry Room
  • Exterior Lighting
  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23932
  • Assessor Parcel Number 7281020150

Community Details

Overview

  • Lafayette HOA
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,396

Year Built

Built in 1948

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Lafayette Building (LF)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281020150
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 199.00
  • Entry Location: Elevator
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 427.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Billiard Room, Gym/Ex Room, Hot Water, Meeting Room, Maintenance Grounds, Outdoor Cooking Area, Pest Control, Pet Rules, Recreation Room, Sewer, Storage, Trash
  • Association Fee: 61.00
  • Association Fee Frequency: Monthly
  • Association Name: Lafayette HOA
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: Yes

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 23932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2020
Sold by
Pagtakhan Christian Lew
Bought by
Pagtakhan Michelle Chimai Ngo
Current Estimated Value
$220,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,044
Outstanding Balance
$48,100
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$173,523

Purchase Details

Listed on
Jun 11, 2016
Closed on
Aug 23, 2016
Sold by
Lee Daniel Kwan Haeng
Bought by
Pagtakhan Christian Lew and Pagtakhan Michelle Chimai Ngo
Seller's Agent
Jack Nendel
RE/MAX College Park Realty
Buyer's Agent
Amable John Aguiluz XIII
First Team Real Estate
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Feb 14, 2007
Sold by
Whittaker James
Bought by
The Daniel Kwan Haeng Lee & Yuri Imuta L

Purchase Details

Closed on
Mar 11, 2004
Sold by
Dziadkowiec Boleslaw
Bought by
Whittaker James

Purchase Details

Closed on
Jun 17, 2003
Sold by
Lableu Michel
Bought by
Dziadkowiac Bolaslaw

Purchase Details

Closed on
Jul 13, 1998
Sold by
Dassance David and The David Dassance Trust
Bought by
Lableu Michel

Purchase Details

Closed on
Sep 22, 1994
Sold by
Dassance David and David Dassance Trust
Bought by
Dassance Richard
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pagtakhan Michelle Chimai Ngo -- Fidelity National Title Co
Pagtakhan Christian Lew $85,000 Lawyers Title
The Daniel Kwan Haeng Lee & Yuri Imuta L $92,000 None Available
Whittaker James -- Natc
Dziadkowiac Bolaslaw -- --
Lableu Michel $4,000 Chicago Title Co
Dassance Richard $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pagtakhan Michelle Chimai Ngo $54,044
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $85,000 -5.5% $427 / Sq Ft
08/18/2016 08/18/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $89,900 +5.8% $452 / Sq Ft
06/04/2016 06/04/16 Off Market $85,000 -- --
06/02/2016 06/02/16 For Sale $89,900 -- $452 / 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 $1,396 $98,643 $40,617 $58,026
2024 $1,396 $96,710 $39,821 $56,889
2023 $1,370 $94,815 $39,041 $55,774
2022 $1,288 $92,957 $38,276 $54,681
2021 $1,253 $91,135 $37,526 $53,609
2019 $1,150 $88,434 $36,414 $52,020
2018 $1,125 $86,700 $35,700 $51,000
2016 $1,359 $104,115 $67,902 $36,213
2015 $1,306 $102,553 $66,883 $35,670
2014 $1,303 $100,545 $65,573 $34,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16120573

California Regional Multiple Listing Service (CRMLS)

APN: 7281-020-150