NOT LISTED FOR SALE

207 E Broadway Unit 801 Long Beach, CA 90802

Downtown Neighborhood

Estimated Value: $956,000 - $1,386,000

2 Beds
2 Baths
2,810 Sq Ft
5,057 Sq Ft Lot

Highlights

  • Wine Cellar
  • 2-minute walk to 1St Street Station
  • Primary Bedroom Suite
  • Long Beach Polytechnic High School Rated A
  • Rooftop Deck
  • 1-minute walk to Harvey Milk Promenade Park

About This Home

As of May 2024

Custom designed rooftop penthouse top of the historical Insurance Exchange building in the heart of Downtown Long Beach. Large windows in every room & large wraparound balcony allows for amazing panoramic city & ocean views to the Hollywood Hills & Pacific Ocean. Direct elevator access allows you to feel & see the architectural open floor plans through glass panels separating its levels. The first level has 16’ high ceilings, custom kitchen & cabinets featuring pull out shelves & storage. Viking appliances, 6-burner stove w/a griddle & double oven, built in side by side refrigerator, trash compactor, dishwasher, microwave & wine refrigerator. 1st level has a family room, bathroom & 2nd SMALL bedroom or can be used as an office with walk-in closet. Main 2nd level has built-in TV w/surround sound, gas fireplace, formal living area & room for 16-person dining table. Glass double doors open to the wraparound west balcony side. Leading to the upper 3rd level the stairs consist of open walnut treads & glass panel railings. 3rd level provides open master suite w/window walls on the south & west sides. Floating walls separate master bedroom from its master bath. Down the hall is the laundry room & 2 large walk-in closets that lead to the 3rd level deck. HVAC systems & water heaters for lower & upper levels. Renovated in 2005, earthquake retrofitted, fire sprinklers and monitored fire alarms. Historical Building. NOTE: ***Pictures from 2020 prior to building being built across the promenade and down the street.

Last Agent to Rent the Property

Debra Kahookele

Vylla Home, Inc Brokerage Phone: 3107810839 License #01757031 Listed on: 04/01/2024

Last Renter's Agent

Debra Kahookele

Vylla Home, Inc Brokerage Phone: 3107810839 License #01757031 Listed on: 04/01/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,240

Year Built

  • Built in 1925

Lot Details

  • 5,057

Parking

  • 3 Car Garage
  • Parking Available
  • Parking Lot
  • Off-Site Parking

Property Views

  • Panoramic
  • Views of Vincent Thomas Bridge
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,810 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Patio
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • No Common Walls
  • Urban Location

Listing and Financial Details

  • Security Deposit $8,500
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/1/24
  • Tax Lot 1
  • Tax Tract Number 53766
  • Assessor Parcel Number 7280019035

Community Details

Overview

  • Property has a Home Owners Association
  • 12 Units

Recreation

  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,240

Year Built

Built in 1925

Lot Details

0

Parking

3

Rental Info

  • Available Date: 2024-04-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 8500
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LBCC
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7280019035
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2810.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Elevator, Storage, Unfurnished
  • Stories: 3
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.35
  • Room Type: Kitchen, Main Floor Bedroom, Primary Bathroom, Primary Suite, Separate Family Room, Walk-In Closet, Wine Cellar
  • Bathroom Features: Bathtub, Double Sinks In Primary Bath, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Vincent Thomas Bridge
  • Patio And Porch Features: Roof Top, Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Off Site, Parking Space
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Barbecue, Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Trash Compactor
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Sidewalks, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5057.00
  • Lot Size Acres: 0.1161

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 5057.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2021
Sold by
Peterson Daniel G and Peterson Pegeen C
Bought by
Peterson Daniel G and Peterson Pegeen C
Current Estimated Value
$1,231,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,000
Outstanding Balance
$407,622
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$821,373

Purchase Details

Closed on
Oct 31, 2020
Sold by
Peterson Daniel and Peterson Pegeen
Bought by
Peterson Daniel G and Peterson Pegeen C

Purchase Details

Closed on
Dec 12, 2005
Sold by
Loft Developments Inc
Bought by
Peterson Daniel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peterson Daniel G -- Wfg Title Company Of Ca
Peterson Daniel G -- Wfg Title Company Of Ca
Peterson Daniel G -- None Available
Peterson Daniel G $1,000,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Daniel G $447,000
Closed Peterson Daniel G $715,000
Closed Peterson Daniel G $717,000
Closed Peterson Daniel G $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Rented $6,600 0.0% --
04/16/2024 04/16/24 Under Contract -- -- --
04/01/2024 04/01/24 For Rent $6,600 +13.8% --
01/15/2021 01/15/21 Rented $5,800 -7.9% --
01/04/2021 01/04/21 Under Contract -- -- --
11/12/2020 11/12/20 Price Changed $6,300 -8.0% $2 / Sq Ft
10/04/2020 10/04/20 Price Changed $6,850 -22.2% $2 / Sq Ft
08/12/2020 08/12/20 For Rent $8,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2025 $8,240 $515,000 $231,750 $283,250
2024 $8,240 $595,000 $400,000 $195,000
2023 $10,823 $803,000 $500,000 $303,000
2022 $10,005 $774,000 $500,000 $274,000
2021 $9,604 $405,000 $250,000 $155,000
2020 $5,158 $405,000 $250,000 $155,000
2019 $5,179 $414,000 $250,000 $164,000
2018 $5,087 $398,000 $250,000 $148,000
2016 $10,609 $897,000 $406,000 $491,000
2015 $10,327 $897,000 $406,000 $491,000
2014 $9,565 $820,000 $371,400 $448,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24053710

California Regional Multiple Listing Service (CRMLS)

APN: 7280-019-035