NOT LISTED FOR SALE

Estimated Value: $1,013,000 - $1,216,000

2 Beds
2 Baths
1,550 Sq Ft
$744/mo HOA Fee

Last Sold November 04, 2022

Last sale price $1,000,000 $645 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,527/month

81 Days on Market

Highlights

  • White Water Ocean Views
  • Updated Kitchen
  • Open Floorplan
  • Woodrow Wilson High School Rated A
  • 0.71 Acre Lot
  • 3-minute walk to Junipero Beach/Long Beach City Beach

About This Home

As of November 2022

INCREDIBLE PANORAMIC OCEAN VIEWS! Rarely available in the iconic mid century Galaxy Towers is this remodeled 1500+ square foot residence that has some of the best ocean and sunset views on Ocean Blvd. Enjoy the stunning Panoramic views all the way up and down the coastline from Newport Coast to Downtown LA. This gorgeous residence boasts an open floor plan with luxury vinyl plank floors throughout. The completely remodeled kitchen with new white shaker cabinets, quartz counters, new stove, new stainless steel hood and porcelain tile floors offers ample storage and of course Ocean Views from the kitchen and dining room. Both bedrooms are generously sized and can both easily accommodate King Size Beds. Closets line the entire wall of both bedrooms providing ample storage not seen in most condos. The en-suite bath for the Ocean facing bedroom has been remodeled with a new double sink vanity, lighting, tile shower enclosure and porcelain tile floors. Feel like you are on vacation every day and enjoy the ocean breezes and white water views from the large private balcony that you can access from both the Living room and Ocean facing Bedroom... or head just across the street and down to the beach where you can bike or jog along miles of coastline. Storage is always a premium in any high rise so the large oversized storage closet directly outside the residence is a very rare convenience. The Galaxy Towers is such a unique property and the only luxury high rise in Bluff Park. The building has ONLY 4 UNITS per floor and none of the units have common walls. Perfectly situated in close proximity to fabulous dining and shopping on 2nd Street, Broadway and retro row.

Last Agent to Sell the Property

Serena Goss

Altamira Properties License #01722982 Listed on: 07/26/2022

Last Buyer's Agent

Lori Cowan

Naples Island Properties, Inc License #01852863

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967 | Remodeled

Lot Details

  • 0.71

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • White Water Ocean
  • Panoramic
  • City Lights

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 1,550 Sq Ft Home
  • Open Floorplan
  • Track Lighting
  • Roller Shields
  • Window Screens
  • Sliding Doors
  • Living Room Balcony
  • Dining Room

Kitchen

  • Updated Kitchen
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Quartz Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Remodeled Bathroom
  • Quartz Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • No Common Walls
  • Central Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23880
  • Assessor Parcel Number 7264017028

Community Details

Overview

  • 80 Units
  • The Galaxy Homeowner's Association, Phone Number (562) 433-7791
  • Pmp Management HOA
  • The Galaxy Towers Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Park

Pet Policy

  • Pets Allowed with Restrictions

Property Details

Home Type

Condominium

Year Built

Built in 1967 | Remodeled

Lot Details

0

HOA Fees

$744 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: All Appliances
  • Property Attached: No
  • Subdivision Name Other: The Galaxy Towers (TGT)
  • View: Yes
  • Zoning: LBR2L
  • Architectural Style: Mid Century Modern
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264017028
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1550.00 Square Feet
  • Interior Amenities: Living Room Balcony, Open Floorplan, Quartz Counters, Track Lighting
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 645.16
  • Room Type: All Bedrooms Down
  • Window Features: Roller Shields, Screens
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Exhaust Fan(s), Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: City Lights, Ocean, Panoramic, Water, White Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Electric Cooktop, Disposal, Range Hood, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Maintenance Grounds, Trash, Pet Rules
  • Association Fee: 743.89
  • Association Fee Frequency: Monthly
  • Association Name: The Galaxy Homeowner's Association
  • Phone: 562-433-7791
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: PMP Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 31015.00
  • Lot Size Acres: 0.7120
  • Latitude Manual: 33.76260100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31015.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5767.00
  • Tax Lot: 1
  • Tax Tract Number: 23880

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Oct 17, 2022
Sold by
Loomis David and Loomis Jennifer Kim
Bought by
Falciano Laura and Roberts Michael Donbeck
Seller's Agent
Serena Goss
Altamira Properties
Buyer's Agent
Lori Cowan
Naples Island Properties, Inc
List Price
$1,059,000
Sold Price
$1,000,000
Premium/Discount to List
-$59,000
-5.57%
Views
41
Current Estimated Value
$1,089,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,062
Avg. Annual Appreciation
2.75%
Original Mortgage
$300,000
Outstanding Balance
$289,313
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$799,749

Purchase Details

Closed on
Sep 28, 2011
Sold by
Loomis David and Loomis Jennifer Kim
Bought by
Loomis David and Loomis Jennifer Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Wells Fargo Bank Na
Bought by
Loomis David T and Kim Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Roberts Randal W
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2001
Sold by
Chabot Sheri June
Bought by
Roberts Randal W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,250
Interest Rate
6.73%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 3, 2001
Sold by
Ellmore Mareta and Julia H Hart Revocable Living
Bought by
Roberts Randal W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,250
Interest Rate
6.73%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Falciano Laura $1,000,000 Wfg National Title
Loomis David -- Fat
Loomis David T $495,000 Fidelity National Title Co
Wells Fargo Bank Na $474,359 Accommodation
Roberts Randal W -- Orange Coast Title
Roberts Randal W $307,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falciano Laura $300,000
Previous Owner Loomis David $388,000
Previous Owner Loomis David T $417,000
Previous Owner Roberts Randal W $306,250
Closed Roberts Randal W $46,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $1,000,000 -5.6% $645 / Sq Ft
07/26/2022 07/26/22 For Sale $1,059,000 0.0% $683 / Sq Ft
06/24/2016 06/24/16 Rented $2,500 0.0% --
05/27/2016 05/27/16 For Rent $2,500 -- --
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 $12,927 $1,040,399 $771,456 $268,943
2024 $12,927 $1,020,000 $756,330 $263,670
2023 $12,713 $1,000,000 $741,500 $258,500
2022 $7,368 $597,595 $392,241 $205,354
2021 $7,222 $585,878 $384,550 $201,328
2019 $7,119 $568,502 $373,145 $195,357
2018 $6,963 $557,356 $365,829 $191,527
2017 $6,804 $546,428 $358,656 $187,772
2016 $6,320 $535,715 $351,624 $184,091
2015 $6,062 $527,669 $346,343 $181,326
2014 $6,015 $517,334 $339,559 $177,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22163218

California Regional Multiple Listing Service (CRMLS)

APN: 7264-017-028