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
- Hydromassage or Jetted Bathtub
- Long Beach Polytechnic High School Rated A
- Open Floorplan
- 1-minute walk to Harvey Milk Promenade Park
About This Home
As of July 2025Welcome home to the iconic Insurance Exchange lofts! This building in the heart of The Promenade of Downtown Long Beach is one of the city's most unique and stunning examples of adaptive reuse architecture. Built in 1925 it was originally known as the Middough Building, then, in 1931 became known the Insurance Exchange Building. The unique architecture of this building and the clever rehab makes each unit a corner unit with an expanse of original brick, soaring ceilings and two walls of windows. The open concept kitchen with a massive kitchen island is outfitted with stainless steel Viking appliances, granite countertops and walnut hued custom cabinetry. Large sash windows let in west facing views and light, and a spacious walk-in closet provides generous storage. Deep soaking jacuzzi tub, walk-in shower, dual vanity and a separate guest powder room makes this loft as comfortable as it is architecturally stunning. Central AC and heat, secured entrance lobby, secured parking, separate private storage room adjacent to the unit and key fob entrance provides security and convenience. Registered as a historic building, it takes advantage of the Mills Act, a significant savings in property taxes for designated historically recognized buildings.
Last Agent to Sell the Property
Keller Williams Pacific Estate License #01355505 Listed on: 01/20/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,855
Year Built
- Built in 1925
HOA Fees
- $460 Monthly HOA Fees
Parking
- 1 Car Garage
- Parking Available
- Assigned Parking
Property Views
- City Lights
- Neighborhood
Interior Spaces
- 1,360 Sq Ft Home
- Open Floorplan
- Beamed Ceilings
- Brick Wall or Ceiling
- High Ceiling
- Recessed Lighting
- Family Room Off Kitchen
- Living Room
- Loft
- Concrete Flooring
Kitchen
- Open to Family Room
- Breakfast Bar
- Gas Oven
- Six Burner Stove
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- Hydromassage or Jetted Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
Additional Features
- Two or More Common Walls
- Suburban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 53766
- Assessor Parcel Number 7280019026
- $306 per year additional tax assessments
Community Details
Overview
- 14 Units
- Insurance Exchange Association, Phone Number (562) 505-6204
- Long Beach Home Solutions HOA
- Downtown Subdivision
Pet Policy
- Pet Restriction
Security
- Resident Manager or Management On Site
- 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
2.34%
Original Mortgage
$350,000
Outstanding Balance
$349,705
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$354,740
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
$349,705
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$354,740
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
2.36%
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
-
Mark Hughes
Seller's Agent in 2025
Mark Hughes
(818) 480-2864
1 in this area
6 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
6 in this area
221 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2023
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,868 Total Sales
-
Chris Teer
Seller's Agent in 2018
Chris Teer
Vista Sotheby’s International Realty
(310) 251-7192
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW22010079
APN: 7280-019-026
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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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