NOT LISTED FOR SALE

207 E Broadway Unit 201 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $1,500,386

1 Bed
2 Baths
2,730 Sq Ft
5,053 Sq Ft Lot

Sale Details

Date Sold: March 29, 2021

Last sale price $1,450,000 $531 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $9,371 / mo

116 Days on Market

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 2021

This 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

Juan Huizar

Sage Real Estate Group, Inc. License #01417642 Listed on: 08/10/2020

Co-Listed By

Caleb Baldwin

MJ Financial Services Inc License #02056751

Last Buyer's Agent

John Lindberg

Re/Max R. E. Specialists License #01010112

Re/Max R. E. Specialists
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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 in unit
  • 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

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1925 | Remodeled

Lot Details

5,053 Sq Ft Lot

HOA Fees

$531 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBCC
  • Architectural Style: Contemporary, Custom Built, Modern
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7280019024
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2730.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Brick Walls, Built-in Features, Elevator, High Ceilings, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Accessible Elevator Installed
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 531.14
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower, Quartz Counters, Remodeled, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • View: City Lights, Panoramic
  • Pool Private: No
  • Spa: No
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Microwave, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pet Rules, Pets Permitted, Call for Rules, Controlled Access
  • Association Fee: 530.90
  • Association Fee Frequency: Monthly
  • Association Name: INEX HOA
  • Phone: 562-505-6204
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Long Beach Home Solutions

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5055.00
  • Lot Size Acres: 0.1160

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5055.0000 Square Feet
  • Number Of Units In Community: 14
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5762.00
  • Tax Lot: 1
  • Tax Tract Number: 53766

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2026
Sold by
Bought by
Current Estimated Value
$1,500,386

Purchase Details

Closed on
Nov 23, 2021
Sold by
Bought by

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

Closed on
Dec 11, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,323,000
Interest Rate
2.73%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Jan 8, 2019
Closed on
Apr 13, 2019
Sold by
Bought by
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
1.11%
Original Mortgage
$501,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 8, 2019
Closed on
Apr 1, 2019
Sold by
Bought by
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
$501,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2014
Sold by
Bought by

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
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Commonwealth Land Title
$1,550,000 Fidelity National Title
$1,450,000 Ticor Title
-- Ticor Title Company
$1,385,000 Ticor Title Company
$1,290,000 Ticor Title Company
$796,483 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,441,500
Previous Owner $1,323,000
Previous Owner $501,000
Previous Owner $484,750
Previous Owner $623,250
Previous Owner $890,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,939 $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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20161207

California Regional Multiple Listing Service (CRMLS)

APN: 7280-019-024

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