NOT LISTED FOR SALE

Estimated Value: $592,000 - $603,605

2 Beds
1 Bath
958 Sq Ft
$314/mo HOA Fee

Last Sold June 26, 2024

Last sale price $565,000 $590 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,999/month

53 Days on Market

Highlights

  • Gated Community
  • Updated Kitchen
  • Property is near public transit
  • Long Beach Polytechnic High School Rated A
  • 0.25 Acre Lot
  • Quartz Countertops

About This Home

As of June 2024

Looking for a downtown condo near the beach? Look no further than 1616 E Ocean Blvd Unit 9. This unit is located in the beachfront Hamilton
Building. One of the notable features of this building is a shared community waterfront patio with fantastic views of the ocean. Unit 9 features
wood laminate flooring throughout and an in unit washer and dryer. The kitchen comes complete with white quartz countertops, stainless steel gas
stove, dishwasher, and refrigerator. For your safety the unit is gated and secured.

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc Brokerage Phone: 800-784-2616 License #01729514 Listed on: 03/14/2024

eXp Realty of California Inc

Co-Listed By

Susy Cabrera

eXp Realty of California Inc Brokerage Phone: 800-784-2616 License #01982851

Last Buyer's Agent

Erick Machuca Villarruel

PLF Real Estate Solutions License #02030426

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1921

Lot Details

  • 10,759

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 958 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Additional Features

  • Two or More Common Walls
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5500
  • Assessor Parcel Number 7265015027

Community Details

Overview

  • 13 Units
  • Hamilton HOA, Phone Number (562) 494-4455
  • Paragon Equities HOA
  • Alamitos Beach Subdivision
  • Maintained Community

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1921

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265015027
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 958.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Quartz Counters, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 589.77
  • Room Type: Kitchen, Living Room, Primary Bedroom
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Upper Level, Stackable
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Pet Rules, Pets Permitted, Weight Limit, Call for Rules, Management, Controlled Access
  • Association Fee: 314.18
  • Association Fee Frequency: Monthly
  • Association Name: Hamilton HOA
  • Phone: 562-494-4455
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Paragon Equities

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 10760.00
  • Lot Size Acres: 0.2470
  • Latitude Manual: 33.76466800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10760.0000 Square Feet
  • Number Of Units In Community: 13
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 5500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 19, 2024
Sold by
Cheun Ji Hee
Bought by
Gurrola Christina Margarita Go and Contreras Evangelina Gurrola
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Erick Machuca Villarruel
PLF Real Estate Solutions
List Price
$599,000
Sold Price
$565,000
Premium/Discount to List
-$34,000
-5.68%
Views
153
Current Estimated Value
$598,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,651
Avg. Annual Appreciation
3.85%
Original Mortgage
$536,750
Outstanding Balance
$529,422
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$69,229

Purchase Details

Closed on
Feb 13, 2012
Sold by
Ewert Grace E and Mew Keith
Bought by
Mew Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Hartigan Linda and The Estate Of Lacy Sidell Swai
Bought by
Mew Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Swaine Lacy S
Bought by
Sison Evelyn D

Purchase Details

Closed on
Jul 12, 2004
Sold by
Sison Evelyn D and Miles Robert S
Bought by
Sison Evelyn D

Purchase Details

Closed on
Jul 23, 2003
Sold by
Swaine Lacy S and Thelma L Swaine Trust
Bought by
Swaine Lacy S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gurrola Christina Margarita Go $565,000 Fidelity National Title
Mew Keith -- Lawyers Title
Mew Keith $400,000 Commonwealth Title
Sison Evelyn D -- Chicago Title
Sison Evelyn D -- Chicago Title
Swaine Lacy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurrola Christina Margarita Go $536,750
Previous Owner Mew Keith $304,000
Previous Owner Mew Keith $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Sold $565,000 -1.7% $590 / Sq Ft
04/03/2024 04/03/24 Price Changed $575,000 -4.0% $600 / Sq Ft
03/14/2024 03/14/24 For Sale $599,000 -- $625 / 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 $6,686 $576,300 $481,134 $95,166
2024 $6,686 $525,389 $420,317 $105,072
2023 $6,572 $515,088 $412,076 $103,012
2022 $6,164 $504,990 $403,997 $100,993
2021 $6,042 $495,089 $396,076 $99,013
2019 $5,953 $480,406 $384,329 $96,077
2018 $4,770 $385,000 $308,000 $77,000
2016 $4,130 $348,000 $278,100 $69,900
2015 $3,706 $320,000 $255,700 $64,300
2014 $3,752 $320,000 $255,700 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24051894

California Regional Multiple Listing Service (CRMLS)

APN: 7265-015-027