NOT LISTED FOR SALE

1467 Obispo Ave Unit 5 Long Beach, CA 90804

Zaferia Neighborhood

Estimated Value: $372,000 - $426,000

1 Bed
1 Bath
570 Sq Ft
$231/mo HOA Fee

Last Sold February 23, 2024

Last sale price $357,970 $628 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,661/month

38 Days on Market

Highlights

  • City Lights View
  • End Unit
  • Laundry Room
  • Woodrow Wilson High School Rated A
  • 1 Car Attached Garage
  • 4-minute walk to Orizaba Park

About This Home

As of February 2024

Perfect, starter home or investment. This 1 bedroom, 1 bathroom turnkey condo is located in a nice area of Long Beach near the beach and traffic circle. Just a five minute drive to shopping, entertainment, schools, and more. Amenities include wood laminate flooring, granite counter tops in kitchen & bathroom, balcony, in complex laundry facility, gated carport parking space and low HOA. Did I mention nice city views!

Last Agent to Sell the Property

Juan Avendano

ReMax College Park Realty License #01281681 Listed on: 12/02/2023

ReMax College Park Realty

Last Buyer's Agent

Liz Mark

eXp Realty of California Inc License #02104317

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $231 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 570 Sq Ft Home
  • 3-Story Property
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 61683
  • Assessor Parcel Number 7259026034
  • $210 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • Val Vista Association, Phone Number (858) 764-1895
  • Management HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,280

Year Built

Built in 1987

Lot Details

0

HOA Fees

$231 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LBR2N
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7259026034
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 570.00 Square Feet
  • Stories: 3
  • Entry Location: Down stairs/Front door
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 628.02
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Call for Rules
  • Association Fee: 231.00
  • Association Fee Frequency: Monthly
  • Association Name: Val Vista
  • Phone: 858-764-1895
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Street Lights
  • Association Management: Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6081.00
  • Lot Size Acres: 0.1396

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6081.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Census Tract: 5751.03
  • Tax Lot: 1
  • Tax Tract Number: 61683
  • TaxOtherAnnualAssessmentAmount: 210.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2023
Closed on
Feb 15, 2024
Sold by
Arreguin Juan R and Arreguin Luz Maria
Bought by
Mason Ashley Elise
Seller's Agent
Juan Avendano
ReMax College Park Realty
Buyer's Agent
Liz Mark
eXp Realty of California Inc
List Price
$339,900
Sold Price
$357,970
Premium/Discount to List
$18,070
5.32%
Views
70
Current Estimated Value
$392,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,615
Avg. Annual Appreciation
3.39%
Original Mortgage
$340,071
Outstanding Balance
$334,446
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$42,885

Purchase Details

Closed on
Jun 4, 2007
Sold by
Arreguin Juan R
Bought by
Arreguin Juan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2007
Sold by
Val Vista Obispo Llc
Bought by
Arreguin Juan Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Mason Ashley Elise $358,000 Wfg National Title
Arreguin Juan R -- Accommodation
Arreguin Juan Ramon $249,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mason Ashley Elise $340,071
Previous Owner Arreguin Juan Ramon $199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $357,970 +5.3% $628 / Sq Ft
01/10/2024 01/10/24 Pending -- -- --
12/02/2023 12/02/23 For Sale $339,900 -- $596 / 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 $4,280 $365,129 $241,607 $123,522
2024 $4,280 $327,049 $235,768 $91,281
2023 $4,207 $320,638 $231,146 $89,492
2022 $3,948 $314,352 $226,614 $87,738
2021 $3,870 $308,189 $222,171 $86,018
2019 $3,342 $260,000 $185,000 $75,000
2018 $3,321 $260,000 $185,000 $75,000
2016 $2,493 $201,000 $144,000 $57,000
2015 $2,360 $195,000 $140,000 $55,000
2014 $1,891 $151,000 $109,000 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23217697

California Regional Multiple Listing Service (CRMLS)

APN: 7259-026-034