Farahnaz Jarrault
Compass
(424) 338-9710
14 Total Sales
1 in Downtown
$667,968 Price
207 E Broadway Unit 302 Long Beach, CA 90802
Downtown NeighborhoodEstimated Value: $683,000 - $722,780
1
Bed
1.5
Baths
1,360
Sq Ft
5,053
Sq Ft Lot
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
Leisure Life Real Estate Brokerage Email: markhughesrealestate@gmail.com License #01930200 Listed on: 06/16/2025
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Property Details
Home Type
- Condominium
Year Built
- Built in 1925 | Remodeled
Lot Details
- 5,053
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
- Entry on the 3rd floor
- 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
- 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
Additional Features
- Laundry Facilities
- Card or Code Access
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 4, 2026
Sold by
Bought by
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
$400,000
Outstanding Balance
$398,057
Interest Rate
6.18%
Mortgage Type
New Conventional
Estimated Equity
$297,888
Purchase Details
Listed on
Jun 16, 2025
Closed on
Jul 8, 2025
Sold by
Bought by
Seller's Agent
Mark Hughes
Leisure Life Real Estate
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
-0.83%
Original Mortgage
$350,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 16, 2025
Closed on
Jul 2, 2025
Sold by
Bought by
Seller's Agent
Mark Hughes
Leisure Life Real Estate
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
Interest Rate
6.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2024
Sold by
Bought by
Purchase Details
Listed on
Mar 9, 2023
Closed on
May 11, 2023
Sold by
Bought by
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$779,000
Sold Price
$799,000
Premium/Discount to List
$20,000
2.57%
Views
97
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.30%
Original Mortgage
$719,100
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 20, 2022
Closed on
Mar 15, 2022
Sold by
Bought by
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
List Price
$679,000
Sold Price
$735,000
Premium/Discount to List
$56,000
8.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Purchase Details
Listed on
Jan 20, 2022
Closed on
Feb 2, 2022
Sold by
Bought by
Seller's Agent
Beatrix Whipple
Keller Williams Pacific Estate
List Price
$679,000
Sold Price
$735,000
Premium/Discount to List
$56,000
8.25%
Purchase Details
Listed on
Nov 30, 2017
Closed on
Jan 9, 2018
Sold by
Bought by
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
5.55%
Purchase Details
Closed on
Mar 19, 2010
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
$268,000
Interest Rate
5.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2009
Sold by
Bought by
Purchase Details
Closed on
Sep 12, 2005
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
$539,100
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown, CA
-
Farahnaz Jarrault
-
Dave Shorter
Dave Shorter
David Shorter, Broker
(562) 418-5957
37 Total Sales
3 in Downtown
$740K - $1.2M Price Range
-
Kathryn McCarthy
Kathryn McCarthy
First Team Real Estate
(657) 325-5928
27 Total Sales
1 in Downtown
$780,000 Price
-
Mike Dunfee
Mike Dunfee
Dunfee Real Estate Services
(424) 358-3624
127 Total Sales
100 in Downtown
$400K - $2.8M Price Range
-
OMAR MAYORGA
OMAR MAYORGA
RE/MAX MASTERS REALTY
(909) 479-2713
55 Total Sales
1 in Downtown
$345,000 Price
-
Fred Van Allen
Fred Van Allen
First Team Real Estate
(909) 284-5912
50 Total Sales
1 in Downtown
$572,000 Price
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 |
|---|---|---|---|
| -- | Lawyers Title Company | ||
| -- | First American Title Company | ||
| $702,000 | First American Title Company | ||
| -- | None Listed On Document | ||
| $799,000 | Ticor Title Company | ||
| -- | None Listed On Document | ||
| $735,000 | Ticor Title | ||
| $590,000 | Progressive Title Glendale | ||
| $335,000 | None Available | ||
| $355,900 | None Available | ||
| $599,000 | Chicago Title Co |
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 |
|---|---|---|---|
| Open | $400,000 | ||
| Closed | $350,000 | ||
| Previous Owner | $719,100 | ||
| Previous Owner | $268,000 | ||
| Previous Owner | $539,100 |
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 |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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 | View Prior Sale |
| 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
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 | $3,718 | $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
-
Mark Hughes
Seller's Agent in 2025
Mark Hughes
Leisure Life Real Estate
(818) 480-2864
1 in this area
41 Total Sales
-
Estefanita Hands
Buyer's Agent in 2025
Estefanita Hands
Beach Equities
(562) 508-9869
1 in this area
42 Total Sales
-
Beatrix Whipple
Seller's Agent in 2023
Beatrix Whipple
Keller Williams Pacific Estate
(562) 972-4336
5 in this area
191 Total Sales
-
G
Buyer's Agent in 2023
General NONMEMBER
NONMEMBER MRML
-
Chris Teer
Seller's Agent in 2018
Chris Teer
Vista Sotheby’s International Realty
(310) 251-7192
31 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25135286
APN: 7280-019-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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