207 E Broadway Unit 302 Long Beach, CA 90802
Downtown Neighborhood
1
Bed
1.5
Baths
1,360
Sq Ft
$460/mo
HOA Fee
Highlights
- City Lights View
- 2-minute walk to 1St Street Station
- Cathedral Ceiling
- Long Beach Polytechnic High School Rated A
- Contemporary Architecture
- 1-minute walk to Harvey Milk Promenade Park
About This Home
As of July 2025Welcome to the iconic Insurance Exchange Lofts in the heart of Downtown Long Beach’s vibrant Promenade—a stunning example of 1925 architecture reimagined through adaptive reuse. Originally the Middough Building, this historic gem offers true corner-unit living with exposed brick, soaring ceilings, and walls of north- and west-facing windows that flood the space with natural light. The open-concept kitchen features a massive island, granite countertops, stainless steel appliances, and custom walnut cabinetry, while the spa-like bath boasts a deep-soaking jacuzzi tub, rain shower, and dual vanities, plus a separate guest powder room. Central heat and A/C, secured fob entry, private parking, and a large personal storage room add comfort and convenience. Best of all, this Mills Act-registered building provides significant property tax savings—an extraordinary opportunity to own a piece of Long Beach history with modern flair.
Last Agent to Sell the Property
Brokerage Email: markhughesrealestate@gmail.com License #01930200 Listed on: 06/16/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,855
Year Built
- Built in 1925 | Remodeled
HOA Fees
- $460 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Parking Lot
- Assigned Parking
- Community Parking Structure
Property Views
- City Lights Views
- Orchard Views
Home Design
- Contemporary Architecture
- Traditional Architecture
- Flat Roof Shape
- Brick Exterior Construction
- Brick Foundation
- Unfinished Walls
- Fire Rated Drywall
- Pre-Cast Concrete Construction
- Concrete Perimeter Foundation
Interior Spaces
- 1,360 Sq Ft Home
- 1-Story Property
- Built-In Features
- Beamed Ceilings
- Brick Wall or Ceiling
- Cathedral Ceiling
- Jalousie or louvered window
- Atrium Windows
- Entrance Foyer
- Family Room Off Kitchen
- Formal Dining Room
- Loft
- Storage
- Concrete Flooring
Kitchen
- Open to Family Room
- Breakfast Bar
- Walk-In Pantry
- Gas Oven
- Six Burner Stove
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- Stone Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Exterior Lighting
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- 220 Volts
- Natural Gas Connected
- Cable TV Available
Additional Features
- No Interior Steps
- Two or More Common Walls
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 53766
- Assessor Parcel Number 7280019026
- $306 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 14 Units
- Insuranceexchange Association, Phone Number (562) 505-6204
- Downtown Subdivision
Pet Policy
- Pets Allowed
Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 16, 2025
Closed on
Jul 8, 2025
Sold by
Gilbert Jenna
Bought by
Romano Cesare Paolo
Seller's Agent
Mark Hughes
Buyer's Agent
Estefanita Hands
Beach Equities
List Price
$714,400
Sold Price
$702,000
Premium/Discount to List
-$12,400
-1.74%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$350,000
Outstanding Balance
$350,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$354,445
Purchase Details
Listed on
Jun 16, 2025
Closed on
Jul 2, 2025
Sold by
Scott And Donna Aney Family Trust and Aney Steven Scott
Bought by
Romano Cesare Paolo
Seller's Agent
Mark Hughes
Buyer's Agent
Estefanita Hands
Beach Equities
List Price
$714,400
Sold Price
$702,000
Premium/Discount to List
-$12,400
-1.74%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$350,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$354,445
Purchase Details
Closed on
May 23, 2024
Sold by
Aney Steven Scott
Bought by
Scott And Donna Aney Family Trust
Purchase Details
Listed on
Nov 30, 2017
Closed on
Jan 9, 2018
Sold by
Mcclurg Taylore Devin
Bought by
Barton William D and Barton Erica L
Seller's Agent
Chris Teer
Vista Sotheby’s International Realty
Buyer's Agent
Beatrix Whipple
Keller Williams Pacific Estate
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Purchase Details
Closed on
Mar 19, 2010
Sold by
Us Bank National Association
Bought by
Mcclurg Taylore Devin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
5.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2009
Sold by
Marquez Idelfonso
Bought by
Us Bank National Association
Purchase Details
Closed on
Sep 12, 2005
Sold by
Loft Developments Inc
Bought by
Marquez Idelfonso and Marquez Cheryl Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,100
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Long Beach, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title Company | |
| Grant Deed | $702,000 | First American Title Company | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $590,000 | Progressive Title Glendale | |
| Grant Deed | $335,000 | None Available | |
| Trustee Deed | $355,900 | None Available | |
| Grant Deed | $599,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $350,000 | New Conventional | |
| Previous Owner | $268,000 | New Conventional | |
| Previous Owner | $539,100 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $702,000 | -1.7% | $516 / Sq Ft |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $714,400 | -10.6% | $525 / Sq Ft |
| 06/12/2023 06/12/23 | Sold | $799,000 | +2.6% | $588 / Sq Ft |
| 03/09/2023 03/09/23 | For Sale | $779,000 | +6.0% | $573 / Sq Ft |
| 02/23/2022 02/23/22 | Sold | $735,000 | +8.2% | $540 / Sq Ft |
| 01/20/2022 01/20/22 | For Sale | $679,000 | +15.1% | $499 / Sq Ft |
| 01/30/2018 01/30/18 | Sold | $590,000 | -1.5% | $407 / Sq Ft |
| 01/09/2018 01/09/18 | Pending | -- | -- | -- |
| 01/03/2018 01/03/18 | For Sale | $599,000 | +1.5% | $413 / Sq Ft |
| 12/22/2017 12/22/17 | Off Market | $590,000 | -- | -- |
| 11/30/2017 11/30/17 | For Sale | $599,000 | -- | $413 / 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 | $3,855 | $246,000 | $98,400 | $147,600 |
| 2024 | $3,855 | $266,000 | $200,000 | $66,000 |
| 2023 | $6,035 | $442,000 | $300,000 | $142,000 |
| 2022 | $5,403 | $411,000 | $250,000 | $161,000 |
| 2021 | $5,203 | $341,000 | $200,000 | $141,000 |
| 2019 | $3,508 | $253,000 | $100,000 | $153,000 |
| 2018 | $3,022 | $233,000 | $100,000 | $133,000 |
| 2016 | $4,369 | $365,283 | $146,113 | $219,170 |
| 2015 | $4,192 | $359,797 | $143,919 | $215,878 |
| 2014 | $4,161 | $352,750 | $141,100 | $211,650 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mark Hughes
(818) 480-2864
1 in this area
4 Total Sales
-
Buyer's Agent in 2025
Estefanita Hands
Beach Equities
(562) 508-9869
1 in this area
43 Total Sales
-
Seller's Agent in 2023
Beatrix Whipple
Keller Williams Pacific Estate
(562) 972-4336
7 in this area
224 Total Sales
-
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,761 Total Sales
-
Seller's Agent in 2018
Chris Teer
Vista Sotheby’s International Realty
(310) 251-7192
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25135286
APN: 7280-019-026
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