NOT LISTED FOR SALE

150 The Promenade N Unit 502 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $804,000 - $853,000

3 Beds
3 Baths
1,750 Sq Ft
$701/mo HOA Fee

Last Sold January 27, 2023

Last sale price $765,000 $437 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,025/month

25 Days on Market

Highlights

  • Gated Parking
  • 2-minute walk to 1St Street Station
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • 1-minute walk to Promenade Square Park

About This Home

As of January 2023

Photos coming soon. Located in the heart of Downtown Long Beach is a desirable and secured building named Pacifica. Situated on The Promenade, just blocks away from the waterfront marina and the beach. This amazing, two-story, corner unit has double-pane, floor-to-ceiling windows, and with a southern exposure there is plenty of natural sunlight to enjoy. This well-designed 3-bedroom, 3-bath townhouse-style condo also has two large balconies offering plenty of space to relax and to entertain with family and friends. Entering on the top floor, a modern kitchen with stainless steel appliances, granite countertops and a center island with bar seating. As part of the open floor plan, the living room boasts a bonus nook, perfect for a work space, dining room or bar for entertaining. From the living room, step out onto the spacious open-air balcony to take in the full sun and ocean breezes. In addition, the upper floor has a bedroom and full bathroom. Lower-level living quarters showcases the very spacious master bedroom with a bonus nook, and master bath with dual sinks, separate shower and soaking tub as well as private toilet room. Master bedroom also features large walk-in closet as well as the full-sized second balcony. The third bedroom, full bathroom, hidden laundry area, and plenty of storage options are also located downstairs. This beautiful home has central air-conditioning on each floor and LED recessed lighting throughout. All appliances are included. Also included are two assigned, secured parking spaces in the subterranean parking garage. Amenities include: Water/Trash, Courtyard with BBQs, tables/seating, Firepit with couches, Community room with pool table, full kitchen, TV & seating area, Amazon storage hub package lockers, shared bike storage and much more (See attached supplemental document). Central Location makes Pacifica an Excellent Choice to fully enjoy Local Activities, Dining and Entertainment. Promenade Park sits adjacent to Pacifica. Close to Bike Station, Metro Line and the freeways. Walk to Pine Avenue for dining, entertainment and shopping. Close by are also the Performing Arts Center, Arts District, the Convention Center, The Pike, Shoreline Village, the Waterfront, Queen Mary and the Beach.

Last Agent to Sell the Property

Debra Kahookele

Vylla Home, Inc License #01757031 Listed on: 11/10/2022

Last Buyer's Agent

Michele Kreinheder

Compass License #01884449

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,255

Year Built

  • Built in 2008

Lot Details

  • 0.79

HOA Fees

  • $701 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Gated Parking
  • Guest Parking

Home Design

  • Modern Architecture
  • Turnkey

Interior Spaces

  • 1,750 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • City Lights Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

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

Schools

  • Long Beach Elementary And Middle School

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62186
  • Assessor Parcel Number 7280028081
  • $250 per year additional tax assessments

Community Details

Overview

  • 62 Units
  • Action Mgmt Association, Phone Number (800) 400-2284
  • Downtown Subdivision

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Billiard Room

Recreation

  • Park
  • Dog Park
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,255

Year Built

Built in 2008

Lot Details

0

HOA Fees

$701 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBCB*
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280028081
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1750.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Entry Location: Main Level
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 437.14
  • Room Type: Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Double Sinks In Bath(s), Double Sinks In Master Bath, Main Floor Full Bath, Privacy Toilet Door, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Guest, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Billiard Room, Water, Pet Rules, Pets Permitted, Call for Rules, Controlled Access
  • Association Fee: 701.24
  • Association Fee Frequency: Monthly
  • Association Name: Action Mgmt
  • Phone: 800-400-2284
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Dog Park, Park, Sidewalks, Street Lights, Urban
  • Association Management: Action Mgmt

Schools

  • School District: Long Beach Unified
  • Elementary School: Long Beach
  • Middle School: Long Beach
  • Elementary School: Long Beach
  • Middle Or Junior School: Long Beach
  • Elementary School #2: LONBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 34315.00
  • Lot Size Acres: 0.7878

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34315.0000 Square Feet
  • Number Of Units In Community: 62
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 62186
  • TaxOtherAnnualAssessmentAmount: 250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 12, 2022
Sold by
Cannon David G and Cannon Kaylin
Bought by
Langermann Lukas and Deaderick Lauren
Seller's Agent
Debra Kahookele
Vylla Home, Inc
Buyer's Agent
Michele Kreinheder
Compass
List Price
$815,000
Sold Price
$765,000
Premium/Discount to List
-$50,000
-6.13%
Views
40
Current Estimated Value
$820,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,167
Avg. Annual Appreciation
3.06%
Original Mortgage
$573,750
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
Lennar Long Beach Promenade Partners Llc
Bought by
Cannon David G and Cannon Kaylin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6%
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
Langermann Lukas $765,000 Lawyers Title Company
Cannon David G $550,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langermann Lukas $573,750
Previous Owner Cannon David G $287,000
Previous Owner Cannon David G $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $765,000 -1.3% $437 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $775,000 -4.9% $443 / Sq Ft
11/10/2022 11/10/22 For Sale $815,000 -- $466 / 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 $10,255 $795,905 $318,362 $477,543
2024 $10,255 $780,300 $312,120 $468,180
2023 $8,942 $680,742 $136,134 $544,608
2022 $8,391 $667,395 $133,465 $533,930
2021 $8,091 $654,310 $130,849 $523,461
2019 $7,967 $634,905 $126,969 $507,936
2018 $7,787 $622,457 $124,480 $497,977
2016 $7,156 $598,289 $119,648 $478,641
2015 $6,865 $589,303 $117,851 $471,452
2014 $6,266 $530,000 $106,000 $424,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22228984

California Regional Multiple Listing Service (CRMLS)

APN: 7280-028-081