NOT LISTED FOR SALE

Estimated Value: $407,000 - $491,000

2 Beds
1 Bath
834 Sq Ft
$218/mo HOA Fee

Last Sold August 05, 2020

Last sale price $340,000 $408 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,949/month

7 Days on Market

Highlights

  • Gated Community
  • 0.38 Acre Lot
  • Concrete Porch or Patio
  • Long Beach Polytechnic High School Rated A
  • Bathtub with Shower
  • Tile Countertops

About This Home

As of August 2020

Investor's Dream. This home is located in a beautiful community in the Downtown/Alamitos Beach area. The unit has been rented for about 18 years. The potential is unlimited. This unit has a coveted garage reducing the parking challenges in the area. The grounds are lovely and consistently well maintained. The tax records show it to be a one bedroom. There are two bedrooms in the unit. In the living room is a second door leading to a wonderful private balcony area. This unit could be stunning.

Last Agent to Sell the Property

Karen Franssen

First Team Real Estate License #01250469 Listed on: 07/01/2020

First Team Real Estate

Last Buyer's Agent

Eileen Rivera

GE Dean and Associates License #01208517

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1958

Lot Details

  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $218 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Fixer Upper
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 834 Sq Ft Home
  • Panel Doors
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Concrete Porch or Patio
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 13 / 130
  • Tax Tract Number 130
  • Assessor Parcel Number 7275012082

Community Details

Overview

  • Master Insurance
  • 20 Units
  • Park Imperial HOA, Phone Number (562) 434-6247
  • Park HOA
  • Alamitos Beach Subdivision
  • Maintained Community

Pet Policy

  • Pets Allowed with Restrictions

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1958

Lot Details

0

HOA Fees

$218 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Everything in the unit including rolled up carpet.
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: No
  • Zoning: LBR2N
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7275012082
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 834.00 Square Feet
  • Interior Amenities: Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 407.67
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Raised
  • Fence: No
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Pet Rules, Pets Permitted
  • Association Fee: 218.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Imperial HOA
  • Phone: 562 434 6247
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 16540.00
  • Lot Size Acres: 0.3797

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16540.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Block: 130
  • Tax Census Tract: 5765.02
  • Tax Lot: 13
  • Tax Tract Number: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2025
Sold by
Vertical Web Ventures Inc
Bought by
River City Royalties Llc and Edison Operating Company Llc
Current Estimated Value
$448,966

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 15, 2020
Sold by
Grandon Virginia M
Bought by
Wright Susan
Seller's Agent
Karen Franssen
First Team Real Estate
Buyer's Agent
Eileen Rivera
GE Dean and Associates
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$306,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2005
Sold by
Daniels Lillian E and Miller Sandra C
Bought by
Daniels Lillian E

Purchase Details

Closed on
Sep 17, 2002
Sold by
Quest Richard C
Bought by
Grandon Virginia Mae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
River City Royalties Llc $155,000 None Listed On Document
Wright Susan $340,000 First American Title Company
Daniels Lillian E -- Chicago Title
Grandon Virginia Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wright Susan $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $340,000 0.0% $408 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $339,900 -- $408 / 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 $4,635 $368,024 $108,242 $259,782
2024 $4,635 $360,809 $106,120 $254,689
2023 $4,554 $353,736 $104,040 $249,696
2022 $4,273 $346,800 $102,000 $244,800
2021 $4,269 $340,000 $100,000 $240,000
2020 $2,078 $154,928 $75,477 $79,451
2019 $2,054 $151,892 $73,998 $77,894
2018 $1,997 $148,915 $72,548 $76,367
2016 $1,837 $143,134 $69,732 $73,402
2015 $1,766 $140,985 $68,685 $72,300
2014 $1,759 $138,224 $67,340 $70,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20128299

California Regional Multiple Listing Service (CRMLS)

APN: 7275-012-082