NOT LISTED FOR SALE

Estimated Value: $746,000 - $860,000

2 Beds
2 Baths
1,451 Sq Ft
$386/mo HOA Fee

Last Sold December 31, 2018

Last sale price $540,000 $372 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,258/month

8 Days on Market

Highlights

  • Ocean View
  • No Units Above
  • Contemporary Architecture
  • Woodrow Wilson High School Rated A
  • 0.47 Acre Lot
  • 3-minute walk to Bixby Park

About This Home

As of December 2018

Ocean Views and a truly rare opportunity to customize your new condo. Mid-century property in need of remodeling is currently offering the best views you can find under 550k! With its spacious 2br this condo has ocean view from the living room, dining room and kitchen area you can’t find anywhere else. Clear 180 degree view from your own private balcony awaits. Located on the top floor (4th level) of the Ocean Aire Imperial building; this property enjoys a fantastic location. It’s Just one block from the ocean, a half block form Bixby Park and its farmer’s market, and 7 minutes away from The Pike and Promenade. Other features include 2 car parking garage, inside laundry, king size bedrooms, security entrance, and elevator. Huge upside potential for the savvy & discerning buyer. A must see today!

Last Agent to Sell the Property

Albert Soto

True Inmobiliaria License #01478858 Listed on: 11/30/2018

Co-Listed By

Vianey Reyes

First Team Real Estate License #02057404

Last Buyer's Agent

Thomas Hoehn

RE/MAX College Park Realty License #01811407

RE/MAX College Park Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $386 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Side by Side Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights

Home Design

  • Contemporary Architecture
  • Cosmetic Repairs Needed
  • Fixer Upper
  • Stucco

Interior Spaces

  • 1,451 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • Patio
  • Terrace

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Radiant Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 31712
  • Assessor Parcel Number 7264028144

Community Details

Overview

  • 28 Units
  • Ocean Air Imperial Association, Phone Number (562) 531-1955
  • Maintained Community

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

HOA Fees

$386 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LBR3S
  • Architectural Style: Contemporary
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264028144
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1451.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 4
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 372.16
  • Room Type: Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • View: Catalina, City Lights, Coastline, Ocean, Panoramic
  • Patio And Porch Features: Terrace
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range
  • Electric: Electricity - On Property
  • Heating Type: Radiant
  • Laundry Features: Electric Dryer Hookup, In Closet, Inside, Stackable
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer, Water, Dues Paid Monthly, Controlled Access
  • Association Fee: 386.00
  • Association Fee Frequency: Monthly
  • Association Name: Ocean Air Imperial
  • Phone: 562.531.1955
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 20605.00
  • Lot Size Acres: 0.4730

Multi Family

  • Lease Considered: No
  • Lot Size Area: 20605.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5767.00
  • Tax Lot: 10
  • Tax Tract Number: 31712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Dec 13, 2018
Sold by
Martens William M and Revocable Living Trust Of Bert
Bought by
Jocelyne Giakonmis Alexandre and Jocelyne Giakonmis
Seller's Agent
Albert Soto
True Inmobiliaria
Buyer's Agent
Thomas Hoehn
RE/MAX College Park Realty
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$810,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,457
Avg. Annual Appreciation
5.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Jocelyne Giakonmis Alexandre $540,000 Western Resources Title Comp
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $540,000 -1.8% $372 / Sq Ft
12/08/2018 12/08/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $549,900 -- $379 / Sq Ft
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 $7,609 $602,376 $234,257 $368,119
2024 $7,609 $590,565 $229,664 $360,901
2023 $7,482 $578,986 $225,161 $353,825
2022 $7,019 $567,635 $220,747 $346,888
2021 $6,880 $556,506 $216,419 $340,087
2020 $6,862 $550,800 $214,200 $336,600
2019 $6,782 $540,000 $210,000 $330,000
2018 $2,005 $146,767 $66,729 $80,038
2016 $1,839 $141,070 $64,139 $76,931
2015 $1,768 $138,952 $63,176 $75,776
2014 $1,762 $136,231 $61,939 $74,292
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18283336

California Regional Multiple Listing Service (CRMLS)

APN: 7264-028-144