Seller's Agent in 2021
Juan Huizar
Sage Real Estate Group, Inc.
(562) 307-0838
2 in this area
95 Total Sales
207 E Broadway Unit 201 Long Beach, CA 90802
Downtown NeighborhoodEstimated Value: $1,446,512 - $1,636,000
1
Bed
2
Baths
2,730
Sq Ft
$531/mo
HOA Fee
Highlights
- Sauna
- 2-minute walk to 1St Street Station
- Custom Home
- Long Beach Polytechnic High School Rated A
- Panoramic View
- 1-minute walk to Harvey Milk Promenade Park
About This Home
As of March 2021This is a unique live-work opportunity to own the entire 2nd floor of the Historic Insurance Exchange building, where rich history meets modern class. Situated directly above The Promenade in the heart of Downtown Long Beach, this carefully restored property is steps from some of the best restaurants, bars, and shops that the area has to offer. The key fob provides secure entry and grants access to the elevator and the private floor, which welcomes you with a large, versatile open space. The property also consists of 5 large rooms (or offices), a dedicated conference room, open seating, library, lobby, kitchen, 2 bathrooms, washer and dryer, and sauna! The entire floor is encompassed by large, 6-foot tall windows that provide great views and an abundance of natural light to emphasize the gorgeous original brick and exposed concrete ceilings. Due to its rare live-work zoning, any owner could convert a portion of the floor to living space to fit their needs, such as additional bedrooms, a gym, and much more. Other notable attractions within close proximity include the Pacific Ocean, Marina, Convention Center, Performing Arts Center, Shoreline Village, the Pike, the Aquarium, and the Arts District.
Last Agent to Sell the Property
Sage Real Estate Group, Inc. License #01417642 Listed on: 08/10/2020
Co-Listed By
Caleb Baldwin
INTI Realty License #02056751
Property Details
Home Type
- Condominium
Year Built
- Built in 1925 | Remodeled
Lot Details
- 5,053
HOA Fees
- $531 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
Property Views
- Panoramic
- City Lights
Home Design
- Custom Home
- Contemporary Architecture
- Modern Architecture
- Turnkey
- Brick Exterior Construction
Interior Spaces
- 2,730 Sq Ft Home
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- Brick Wall or Ceiling
- High Ceiling
- Sauna
Kitchen
- Updated Kitchen
- Range Hood
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Remodeled Bathroom
- 2 Full Bathrooms
- Quartz Bathroom Countertops
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Exterior Lighting
- Rain Gutters
Additional Features
- Accessible Elevator Installed
- No Common Walls
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 53766
- Assessor Parcel Number 7280019024
Community Details
Overview
- 14 Units
- Inex HOA, Phone Number (562) 505-6204
- Long Beach Home Solutions HOA
- Downtown Subdivision
Recreation
- Bike Trail
Pet Policy
- Pets Allowed with Restrictions
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 23, 2021
Sold by
Hatjackrey Llc
Bought by
Snh Broadway Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,441,500
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 8, 2019
Closed on
Apr 13, 2019
Sold by
Rundel Megan E
Bought by
Kelsey James M
Seller's Agent
Debra Kahookele
Vylla Home, Inc
Buyer's Agent
Juan Huizar
Sage Real Estate Group, Inc.
List Price
$1,400,000
Sold Price
$1,385,000
Premium/Discount to List
-$15,000
-1.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$484,750
Interest Rate
4.2%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 8, 2019
Closed on
Apr 1, 2019
Sold by
Fifth Sun Llc
Bought by
Kelsey James M
Seller's Agent
Debra Kahookele
Vylla Home, Inc
Buyer's Agent
Juan Huizar
Sage Real Estate Group, Inc.
List Price
$1,400,000
Sold Price
$1,385,000
Premium/Discount to List
-$15,000
-1.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,750
Interest Rate
4.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 5, 2014
Sold by
Loft Developments Inc
Bought by
Fifth Sun Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$890,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 29, 2008
Sold by
Evans Barrett and Basinger Catherine
Bought by
Loft Developments Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kelsey James M | -- | Ticor Title Company | |
| Kelsey James M | $1,385,000 | Ticor Title Company | |
| Fifth Sun Llc | $1,290,000 | Ticor Title Company | |
| Loft Developments Inc | $796,483 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kelsey James M | $484,750 | |
| Closed | Kelsey James M | $623,250 | |
| Previous Owner | Fifth Sun Llc | $890,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/29/2021 03/29/21 | Sold | $1,450,000 | -3.3% | $531 / Sq Ft | |
| 12/04/2020 12/04/20 | Pending | -- | -- | -- | |
| 10/19/2020 10/19/20 | Price Changed | $1,499,000 | -4.8% | $549 / Sq Ft | |
| 08/10/2020 08/10/20 | For Sale | $1,575,000 | +13.7% | $577 / Sq Ft | |
| 05/15/2019 05/15/19 | Sold | $1,385,000 | -1.1% | $507 / Sq Ft | View Prior Sale |
| 02/14/2019 02/14/19 | Pending | -- | -- | -- | |
| 01/08/2019 01/08/19 | For Sale | $1,400,000 | -- | $513 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,824 | $475,000 | $261,250 | $213,750 |
| 2024 | $7,824 | $563,000 | $400,000 | $163,000 |
| 2023 | $10,853 | $807,000 | $500,000 | $307,000 |
| 2022 | $8,964 | $688,000 | $400,000 | $288,000 |
| 2021 | $6,750 | $535,000 | $400,000 | $135,000 |
| 2020 | $6,796 | $535,000 | $400,000 | $135,000 |
| 2019 | $12,241 | $380,000 | $200,000 | $180,000 |
| 2018 | $5,092 | $392,000 | $200,000 | $192,000 |
| 2016 | $15,456 | $1,309,672 | $523,869 | $785,803 |
| 2015 | $14,822 | $1,290,000 | $516,000 | $774,000 |
| 2014 | $7,721 | $651,305 | $260,522 | $390,783 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Huizar
-
C
Seller Co-Listing Agent in 2021
Caleb Baldwin
INTI Realty
-
John Lindberg
Buyer's Agent in 2021
John Lindberg
RE/MAX
(562) 897-1113
2 in this area
47 Total Sales
-
Debra Kahookele
Seller's Agent in 2019
Debra Kahookele
Vylla Home, Inc
(310) 781-0839
12 in this area
30 Total Sales
-
Cameron Jacques
Seller Co-Listing Agent in 2019
Cameron Jacques
Kinnery's Brokerage House
(562) 800-0838
1 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20161207
APN: 7280-019-024
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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