NOT LISTED FOR SALE

Galaxy Towers 2999 E Ocean Blvd Unit 1040 Long Beach, CA 90803

Bluff Park Neighborhood

Estimated Value: $1,039,354 - $1,074,000

2 Beds
2 Baths
1,510 Sq Ft
$699/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $875,000 $579 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,070/month

49 Days on Market

Highlights

  • Ocean View
  • 0.71 Acre Lot
  • Outdoor Cooking Area
  • Woodrow Wilson High School Rated A
  • Modern Architecture
  • 3-minute walk to Junipero Beach/Long Beach City Beach

About This Home

As of March 2021

Own the eminence of the ocean view from Long Beach's acclaimed Galaxy Towers, a Mid-Century Modern masterpiece by architects Hugh & Donald Gibbs. This 2br/2ba condo commands over 1500 sq ft of space, including a sea-breeze swept balcony linking master bedroom to living room. No common walls with other condos. A cascade of windows offers spectacular views of the Ocean across the horizon and the Orange County coastline to the south. Walk across Ocean Blvd to enjoy the luxuriously sunny strand of beach that fronts the property. Ample closet and storage space, a superabundance of built-in bookshelves, a chic built-in wet-bar, on-site laundry, and access to onsite parking and a bike rack round out the exclusive advantages of this airy gem. One parking space included. This luxury condo is a must see..... Incredible Ocean Views!!!!

Last Agent to Sell the Property

George Morales

Compass License #01984555 Listed on: 12/18/2020

Compass

Last Buyer's Agent

Sung W. Yi

One Properties License #00808681

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.71 Acre Lot
  • Property is zoned LBR2L

HOA Fees

  • $650 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Entry on the 10th floor

Interior Spaces

  • 1,510 Sq Ft Home
  • Bar
  • Custom Window Coverings
  • Tile Flooring
  • Ocean Views
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Garage
  • Private Parking

Utilities

  • Radiant Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 7264-017-055

Community Details

Overview

  • Association Phone (310) 694-0600
  • 20-Story Property

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 1967 | Remodeled

Lot Details

0.71 Acres

HOA Fees

$650 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: The Galaxy Homeowner's Association
  • Entry Floor: 10
  • Living Area: 1510
  • Lot Acreage: 0.7120
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 20
  • Year Built: 1967
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Microwave
  • Price Per S Q F T: 602.65
  • Windows: Custom Window Covering

Exterior Features

  • Balcony: Yes
  • Pool: No
  • Spa Yn: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage, Private
  • Total Parking: 1

Utilities

  • Heating: Radiant
  • Security: Resident Manager, Carbon Monoxide Detector(s)
  • Sewer: In Street Paid

Association/Amenities

  • Amenities: Assoc Barbecue, Outdoor Cooking Area
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 650.00
  • Phone: 3106940600|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7264-017-055
  • Lot Size Area: 31015

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 80

MLS Schools

  • School District: Long Beach Unified

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Shalaby Ahmed I
Bought by
Shalaby Ahmed
Current Estimated Value
$1,055,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Outstanding Balance
$523,682
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$531,907

Purchase Details

Closed on
Aug 10, 2016
Sold by
Fortis Olivier
Bought by
Fortis Lynnette

Purchase Details

Listed on
Feb 26, 2016
Closed on
Apr 7, 2016
Sold by
Oring Elliott L
Bought by
Fortis Lynnette
Seller's Agent
Robert Haaga
Pacific Sotheby's International Realty
Buyer's Agent
Jill Reeder
Compass
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Mar 23, 2005
Sold by
Oring Elliott L
Bought by
Oring Elliott L and Elliott L Oring 2005 Trust

Purchase Details

Closed on
Jun 2, 1998
Sold by
Nee Roy
Bought by
Oring Elliott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Interest Rate
7.01%

Purchase Details

Closed on
Apr 5, 1994
Sold by
Nee Roy
Bought by
Nee Roy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shalaby Ahmed -- California Title Company
Fortis Lynnette -- None Available
Fortis Lynnette $675,000 Fidelity National Title Co
Oring Elliott L -- --
Oring Elliott L $227,000 North American Title Co
Nee Roy -- United Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shalaby Ahmed $550,000
Previous Owner Oring Elliott L $170,250
Previous Owner Nee Roy $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2021 03/23/21 Sold $875,000 -3.8% $579 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $910,000 +34.8% $603 / Sq Ft
05/27/2016 05/27/16 Sold $675,000 0.0% $447 / Sq Ft View Prior Sale
04/08/2016 04/08/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $675,000 -- $447 / Sq Ft
Source: The MLS

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 $11,793 $947,125 $708,883 $238,242
2024 $11,793 $928,555 $694,984 $233,571
2023 $11,598 $910,349 $681,357 $228,992
2022 $10,875 $892,500 $667,998 $224,502
2021 $9,037 $738,209 $520,137 $218,072
2020 $9,013 $730,640 $514,804 $215,836
2019 $8,907 $716,314 $504,710 $211,604
2018 $8,712 $702,269 $494,814 $207,455
2016 $3,602 $300,607 $166,063 $134,544
2015 $3,457 $296,093 $163,569 $132,524
2014 $3,433 $290,294 $160,365 $129,929
Source: Public Records

Agents Affiliated with this Home

  • George Morales

    Seller's Agent in 2021

    George Morales

    Compass

    (310) 230-5478

    1 in this area

    22 Total Sales

    George Morales
    Section Image

  • S

    Buyer's Agent in 2021

    Sung W. Yi

    One Properties

    (213) 252-9100

    1 in this area

    6 Total Sales

    Sung W. Yi
    Section Image
  • Robert Haaga

    Seller's Agent in 2016

    Robert Haaga

    Pacific Sotheby's International Realty

    (562) 430-2121

    11 in this area

    22 Total Sales

    Robert Haaga
    Section Image
  • Jill Reeder

    Buyer's Agent in 2016

    Jill Reeder

    Compass

    (310) 924-9311

    23 Total Sales

    Jill Reeder
    Section Image
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About Galaxy Towers

Map

Source: The MLS

MLS Number: 20-671796

The MLS

APN: 7264-017-055

California Los Angeles County Long Beach 90803 Bluff Park

2999 E Ocean Blvd Unit 1040, Long Beach, CA

Not Listed for Sale

Detached

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