NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,236,000

3 Beds
2 Baths
1,551 Sq Ft
$618/mo HOA Fee

Last Sold May 03, 2019

Last sale price $850,000 $548 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,834/month

64 Days on Market

Highlights

  • Concierge
  • Beach Front
  • Property has ocean access
  • Long Beach Polytechnic High School Rated A
  • Ocean View
  • Roof Top Pool

About This Home

As of May 2019

OCEAN VIEW CONDO ON THE SAND!!
Come home kick off your shoes and sink into your mini oasis on the beach. Daily walks on the beach, yoga at Bixby park, ride your bike along the boardwalk as far as to San Diego or just take in the sunsets and fresh air.
Just minutes walking to the famous waterfront boardwalk of Shoreline Village where you can enjoy live entertainment and casual and fine dining.
This corner unit boasts one of the largest floor plans at 1500 E Ocean Blvd with 3 bedrooms including a master suite with walk in closet and private balcony. The ensuite includes large jetted tub, dual sinks, and a separate stand-up shower.
There are two additional bedrooms giving you plenty of space for larger families or guests.
Light and bright living Room has gas fireplace and 2 sets of large sliding glass doors accessing balcony making this open floor plan ideal for entertaining. Gourmet kitchen with granite counters and breakfast bar include separate beverage fridge in addition to stainless appliances.
Additional balcony off dining area is great for barbecues and outdoor cooking.
Great building with secure covered and gated parking with additional locked storage space for bikes and all your outdoor gear.
This luxury community features, clubhouse with full kitchen, pool, spa, fitness center, large sundeck over the sand, concierge, and direct beach access. 1 mile from the Blue Line Metro train to LA /Union station makes it an easy commute to downtown LA or LAX.

Last Agent to Sell the Property

Jack Harriman

Seven Gables Real Estate License #01920575 Listed on: 01/29/2019

Seven Gables Real Estate

Last Buyer's Agent

Bob Martin

Compass License #01063632

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2000

Lot Details

  • Beach Front
  • End Unit
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $618 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Auto Driveway Gate
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Ocean
  • Coastline

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,551 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Electric Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Convection Oven
  • Built-In Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Home Security

Accessible Home Design

  • No Interior Steps

Pool

  • Roof Top Pool
  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Living Room Balcony
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Location

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52245
  • Assessor Parcel Number 7265015071

Community Details

Overview

  • 70 Units
  • 1500 Ocean Association, Phone Number (949) 535-4540
  • Maintained Community

Amenities

  • Concierge
  • Community Barbecue Grill
  • Recreation Room
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2000

Lot Details

0

HOA Fees

$618 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPPD5
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265015071
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1551.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 548.03
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath, Exhaust Fan(s), Privacy Toilet Door, Separate Tub And Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Pots & Pan Drawers

Exterior Features

  • Exterior Features: Barbecue Private, Rain Gutters
  • View: Coastline, Ocean, Water
  • Pool Features: Association, Community, Fenced, In Ground, Roof Top
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Built-In Storage, Community Structure, Controlled Entrance, Covered, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Recreation Room, Storage, Concierge, Maintenance Grounds
  • Association Fee: 618.00
  • Association Fee Frequency: Monthly
  • Association Name: 1500 Ocean
  • Phone: 949.535.4540
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lot 20000-39999 Sqft, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 37910.00
  • Lot Size Acres: 0.8703

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37910.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Census Tract: 5766.02
  • Tax Lot: 1
  • Tax Tract Number: 52245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
Apr 5, 2019
Sold by
Brattain Kimebrly A
Bought by
The Paul J Cummings Trust
Seller's Agent
Jack Harriman
Seven Gables Real Estate
Buyer's Agent
Bob Martin
Compass
List Price
$855,000
Sold Price
$850,000
Premium/Discount to List
-$5,000
-0.58%
Current Estimated Value
$1,189,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,319
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Jan 25, 2015
Closed on
Mar 31, 2015
Sold by
Pc Orange Llc
Bought by
Brattain Kimberly A
Seller's Agent
Coralyn Wahlberg
Think Boutiq Real Estate
Buyer's Agent
Coralyn Wahlberg
Think Boutiq Real Estate
List Price
$775,000
Sold Price
$760,000
Premium/Discount to List
-$15,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%
Original Mortgage
$570,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2014
Sold by
Xue Guorong
Bought by
Pc Orange Llc

Purchase Details

Closed on
Sep 13, 2005
Sold by
Weichert Relocation Resources Inc
Bought by
Xue Guorong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 2, 2005
Sold by
Jeter James R
Bought by
Weichert Relocation Resources Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 30, 2005
Sold by
Zhao Tongzhu
Bought by
Xue Gurong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
5.76%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 22, 2004
Sold by
Jeter James R and Jeter Rose M
Bought by
Jeter James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Highemith Robert and Bouker Kristina
Bought by
Jeter James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2002
Sold by
Walker John R
Bought by
Walker John R and Trust Of John R Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Interest Rate
6.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 30, 2002
Sold by
Taylor Mary Lynn and Davis Marvin L
Bought by
Walker John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,250
Interest Rate
6.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 22, 2000
Sold by
1500 Ocean Llc
Bought by
Davis Marvin L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Paul J Cummings Trust $850,000 Lawyers Title
Brattain Kimberly A $760,000 Fidelity National Title Co
Pc Orange Llc $680,000 Provident Title Company
Xue Guorong $860,000 Chicago Title
Weichert Relocation Resources Inc $860,000 Chicago Title
Xue Gurong -- Chicago Title Co
Jeter James R -- --
Jeter James R $559,000 Old Republic Title Company
Walker John R -- --
Walker John R $500,000 Equity Title
Davis Marvin L $500,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brattain Kimberly A $570,000
Previous Owner Xue Guorong $536,000
Previous Owner Jeter James R $555,000
Previous Owner Jeter James R $447,000
Previous Owner Walker John R $374,250
Closed Jeter James R $55,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2019 05/03/19 Sold $850,000 -0.6% $548 / Sq Ft
01/29/2019 01/29/19 For Sale $855,000 +12.5% $551 / Sq Ft
04/28/2015 04/28/15 Sold $760,000 -1.9% $490 / Sq Ft View Prior Sale
03/25/2015 03/25/15 Pending -- -- --
01/25/2015 01/25/15 For Sale $775,000 +2.0% $500 / Sq Ft
01/16/2015 01/16/15 Off Market $760,000 -- --
01/16/2015 01/16/15 For Sale $775,000 -- $500 / 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 $11,823 $948,186 $539,016 $409,170
2024 $11,823 $929,596 $528,448 $401,148
2023 $11,627 $911,370 $518,087 $393,283
2022 $10,903 $893,501 $507,929 $385,572
2021 $10,694 $875,982 $497,970 $378,012
2020 $10,666 $867,000 $492,864 $374,136
2019 $376 $818,814 $461,229 $357,585
2018 $9,932 $802,760 $452,186 $350,574
2016 $9,134 $771,589 $434,628 $336,961
2015 $7,860 $680,000 $369,800 $310,200
2014 -- $730,000 $322,600 $407,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19020117

California Regional Multiple Listing Service (CRMLS)

APN: 7265-015-071