NOT LISTED FOR SALE

Estimated Value: $501,000 - $575,000

1 Bed
1 Bath
770 Sq Ft
$243/mo HOA Fee

Last Sold January 29, 2021

Last sale price $485,000 $630 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,672/month

33 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • 0.33 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Updated Kitchen
  • Midcentury Modern Architecture

About This Home

As of January 2021

Remodeled condo in excellent location with garage, some ocean views, beach access, and additional parking! The perfect place to "Stay At Home!"
This move-in ready condo features a remodeled kitchen with a new Miele refrigerator, new wine fridge and new vent hood. Newer electrical throughout, newer dual pane windows, new ceiling fans and new doors throughout condo. Recessed lighting with new switches, outlets, and dimmers. New interior paint. The beauty and the bonus for this light, bright, and open floor-plan condo is the amazing garage with new custom cabinets, new custom garage door and motor, and new epoxy flooring. Use this extended garage as gym space too! Bedroom with custom closets. Bathroom boasts walk in shower with travertine tile. Extremely hard to find a condo with this location AND an extended garage AND additional parking and beach level patio, great for entertaining. Low HOA too! Steps to the beach, easy access to bike paths, walk to Shoreline Village, close to restaurants, theaters, shopping, and more! This makes a perfect home or an ideal getaway at the beach.

Last Agent to Sell the Property

Jane Lau

Berkshire Hathaway HomeService License #01854188 Listed on: 12/03/2020

Berkshire Hathaway HomeService

Last Buyer's Agent

Elizabeth Valdez

Corcoran Global Living License #02112621

Corcoran Global Living

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1953

Lot Details

  • 0.33

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Available

Home Design

  • Midcentury Modern Architecture
  • Turnkey

Interior Spaces

  • 770 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Ocean Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Oven
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Property has ocean access
  • Beach Access

Additional Features

  • 1 Common Wall
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Tax Tract Number 5500
  • Assessor Parcel Number 7265006148

Community Details

Overview

  • 16 Units
  • Palisades Association Inc Association, Phone Number (562) 735-4276
  • Long Beach Home Solutions HOA
  • Downtown Subdivision

Recreation

  • Bike Trail

Additional Features

  • Laundry Facilities
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1953

Lot Details

0

HOA Fees

$243 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD5
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265006148
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 770.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 629.87
  • Room Type: Living Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Ocean
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Sewer, Water, Management
  • Association Fee: 243.34
  • Association Fee Frequency: Monthly
  • Association Name: Palisades Association Inc
  • Phone: 562-735-4276
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking
  • Association Management: Long Beach Home Solutions

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 14240.00
  • Lot Size Acres: 0.3269

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14240.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 1
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 5500

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
$542,118

Purchase Details

Listed on
Aug 19, 2019
Closed on
Oct 2, 2019
Sold by
Tussing Richard and Tussing Deborah
Bought by
Junco Michael M
Seller's Agent
Frank Casarez
eXp Realty of California Inc
Buyer's Agent
Jane Lau
Berkshire Hathaway HomeService
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$336,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tussing Richard E
Bought by
Tussing Richard and Tussing Deborah

Purchase Details

Closed on
Sep 9, 2013
Sold by
Tussing Richard E
Bought by
Tussing Richard E and Tussing Deborah D

Purchase Details

Closed on
Aug 29, 2006
Sold by
Chen Wen Biao
Bought by
Tussing Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2005
Sold by
Baca Andrew and Baca Andrea
Bought by
Baca Andrew

Purchase Details

Closed on
Nov 20, 1996
Sold by
Glendale Federal Bank Fsb
Bought by
Chen Wen Biao

Purchase Details

Closed on
Jun 7, 1996
Sold by
Vonborstel Edwin and Glendale Federal Bank Fsb
Bought by
Glendale Federal Bank Fsb
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
River City Royalties Llc $155,000 None Listed On Document
Junco Michael M $420,000 Chicago Title Company
Tussing Richard -- None Available
Tussing Richard E -- Accommodation
Tussing Richard E $375,000 North American Title Co
Baca Andrew -- Chicago Title
Chen Wen Biao $44,000 Fidelity National Title Ins
Glendale Federal Bank Fsb $88,394 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Junco Michael M $336,000
Previous Owner Tussing Richard E $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $485,000 -2.8% $630 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $499,000 +18.8% $648 / Sq Ft
10/23/2019 10/23/19 Sold $420,000 -2.3% $545 / Sq Ft View Prior Sale
08/19/2019 08/19/19 For Sale $429,900 -- $558 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,621 $524,978 $238,134 $286,844
2024 $6,621 $514,685 $233,465 $281,220
2023 $6,510 $504,594 $228,888 $275,706
2022 $6,106 $494,700 $224,400 $270,300
2021 $5,265 $424,351 $101,036 $323,315
2020 $5,252 $420,000 $100,000 $320,000
2019 $1,491 $106,020 $37,136 $68,884
2018 $1,449 $103,942 $36,408 $67,534
2016 $1,333 $99,908 $34,996 $64,912
2015 $1,283 $98,408 $34,471 $63,937
2014 $1,280 $96,481 $33,796 $62,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV20250206

California Regional Multiple Listing Service (CRMLS)

APN: 7265-006-148