$699,000
PENDING $100K PRICE DROP

207 E Broadway Unit 402 Long Beach, CA 90802

Downtown Neighborhood

Estimated payment $4,766/month

Total Views 6,077
1 Bed
2 Baths
1,360 Sq Ft
$514 Price per Sq Ft

Highlights

  • City View
  • 2-minute walk to 1St Street Station
  • Controlled Access
  • Long Beach Polytechnic High School Rated A
  • Midcentury Modern Architecture
  • 1-minute walk to Promenade Square Park

About This Home

New-York-style loft living in the Historical Insurance Exchange Building in Long Beach. An eight-story Beaux Arts building constructed in 1925, it was added to the National Register of Historic Places in 2003 and is currently part of the Mills Act tax abatement program. The building is one of downtown's finest terra cotta clad structures, with rich polychrome ornamentation. It underwent an adaptive reuse to create loft residential units. Original brick and mortar walls, exposed ducts, high ceilings, concrete beams and lots of large windows for amazing views. Gourmet kitchen with stainless steel Viking appliances, large counter tops and recessed lighting. Inside laundry, AC & heating. Also, a custom personal walk-in closet, large bathroom with a dual vanity, separate 2-person shower and deep tub with jetted jacuzzi and in-unit washer/dryer.. Bonus large separate storage room just outside front door.. Situated in the heart of Downtown Long Beach Dining & Entertainment District. Just a short distance to the Marina, Ocean, The Pike, restaurants, Performing Arts Center, Convention Center, Arts District, Shoreline Village, Pier, Aquarium of the Pacific, grocery stores and public transportation. Parking terms and conditions apply. Unit 401 also available for sale. 401 and 402 take up the entire 4th floor.

Listing Agent

Wesley Wellman

Wellman Realty Co. License #00467451 Listed on: 07/12/2024

Co-Listing Agent

Jules Ayora

Seven Gables Real Estate License #01274567

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 1925

HOA Fees

  • $482 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 7280-019-028

Community Details

Overview

  • 14 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,548

Year Built

Built in 1925

Lot Details

0

HOA Fees

$482 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: INEX
  • Entry Floor: 4
  • Living Area: 1360
  • Lot Acreage: 0.1161
  • Planned Urban Dev: 0
  • Unit Floor In Building: 4
  • Year Built: 1925
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 513.97

Exterior Features

  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 482.33
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 7280-019-028
  • Lot Size Area: 5057

Multi Family

  • Number Of Units: 14

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $4,548 $326,000 $226,000 $100,000
2023 $5,504 $403,221 $301,815 $101,406
2022 $5,078 $387,566 $290,097 $97,469
2021 $4,881 $348,000 $280,000 $68,000
2019 $4,324 $276,000 $200,000 $76,000
2018 $3,318 $254,000 $200,000 $54,000
2016 $4,324 $354,384 $265,259 $89,125
2015 $4,150 $349,062 $261,275 $87,787
2014 $4,121 $342,225 $256,157 $86,068
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Pending -- -- --
05/28/2025 05/28/25 Price Changed $699,000 -6.7% $514 / Sq Ft
11/01/2024 11/01/24 Price Changed $749,000 -6.3% $551 / Sq Ft
07/12/2024 07/12/24 For Sale $799,000 -- $588 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Title365 Company
Interfamily Deed Transfer -- None Available
Grant Deed $326,000 North American Title Company
Grant Deed $670,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,000 New Conventional
Previous Owner $244,500 New Conventional
Previous Owner $536,000 Fannie Mae Freddie Mac
Source: Public Records

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Source: The MLS

MLS Number: 24-418983

The MLS

APN: 7280-019-028