NOT LISTED FOR SALE

Estimated Value: $1,017,000 - $1,247,000

2 Beds
2 Baths
1,510 Sq Ft
$744/mo HOA Fee

Last Sold December 13, 2022

Last sale price $1,026,000 $679 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,550/month

40 Days on Market

Highlights

  • Ocean View
  • 0.71 Acre Lot
  • Main Floor Bedroom
  • Woodrow Wilson High School Rated A
  • Midcentury Modern Architecture
  • 3-minute walk to Junipero Beach/Long Beach City Beach

About This Home

As of December 2022

This is a rare opportunity to own a FRONT FACING PANAROMIC OCEAN view residence at the Galaxy Tower. Enjoy incredible coastline and amazing sunset views from Newport Coast to the Belmont Pier, Catalina Island, the Queen Mary and back toward the LA basin. This iconic mid century building has only 4 units per floor and no common walls. EVERY room has an ocean or city and sunset view. No building on the coast compares! This residence has over 1500 square feet of generous living space with access to your large OCEAN view balcony from BOTH the living room and main bedroom areas. The property has beautiful wood flooring in both the entry and dining areas, a hard to find elevated living area offering even better views of the ocean, and has also just been freshly painted and carpeted. The kitchen has been updated with granite counters and a built in desk area. Ocean views mesmerize at every turn. Closets line the entire wall of both bedrooms allowing a generous amount of storage not seen in most condos. The guest bedroom includes a murphy bed as well as a wonderful built in shelving feature to display your treasured possessions. There is even a large oversized storage closet in the common area hallway directly outside the unit. It is the only luxury high rise in historic Bluff Park, an area known for its' timeless architecture and proximity to the ocean. Cross the street, head down the staircase and in minutes find yourself on the bike and jogging paths enjoying miles of coastline. The building is situated mid way between DTLB, Belmont Shore and Retro Row allowing for a variety of dining and shopping options. Live your Southern CA dream! **Please check out the virtual tour**

Last Agent to Sell the Property

Robert Haaga

Pacific Sotheby's International Realty License #00993744 Listed on: 10/19/2022

Pacific Sotheby's International Realty

Last Buyer's Agent

Karim Abdulla

HomeSmart Realty West License #01838659

HomeSmart Realty West

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1967

Lot Details

  • No Common Walls

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Ocean
  • Coastline
  • Catalina
  • Panoramic
  • Bridge
  • City Lights
  • Mountain

Home Design

  • Midcentury Modern Architecture
  • Common Roof
  • Steel Beams
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,510 Sq Ft Home
  • Recessed Lighting
  • Storage
  • Laundry Room

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Utilities

  • Radiant Heating System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23880
  • Assessor Parcel Number 7264017036

Community Details

Overview

  • 80 Units
  • The Galaxy Homeowner's Association, Phone Number (562) 439-0111
  • Pmp Management HOA
  • The Galaxy Towers Subdivision
  • Maintained Community
  • 20-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1967

Lot Details

0

HOA Fees

$744 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: No
  • Security: Fire and Smoke Detection System
  • Subdivision Name Other: The Galaxy Towers (TGT)
  • View: Yes
  • Zoning: LBR2L
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7264017036
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1510.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Recessed Lighting, Storage
  • Stories: 20
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 679.47
  • Room Type: Main Floor Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Bridge(s), Catalina, City Lights, Coastline, Mountain(s), Ocean, Panoramic, Water
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Concrete, Glass, Steel

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Picnic Area, Storage, Maintenance Grounds, Trash, Pet Rules, Management, Controlled Access
  • Association Fee: 743.89
  • Association Fee Frequency: Monthly
  • Association Name: The Galaxy Homeowner's Association
  • Phone: 562-439-0111
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: PMP Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 31015.00
  • Lot Size Acres: 0.7120

Multi Family

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

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Nathoo Shafik Salim
Bought by
Sansa Ocean Enterprises Llc
Current Estimated Value
$1,091,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$423,274
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$668,135

Purchase Details

Closed on
Oct 3, 2024
Sold by
Sansa Ocean Enterprises Llc
Bought by
Nathoo Shafik Salim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$423,274
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$668,135

Purchase Details

Closed on
Feb 23, 2023
Sold by
Nathoo Shafik
Bought by
Sansa Ocean Enterprises Llc

Purchase Details

Listed on
Oct 19, 2022
Closed on
Nov 23, 2022
Sold by
Arnold L Shapiro Living Trust
Bought by
Sansa Ocean Enterprises
Seller's Agent
Robert Haaga
Pacific Sotheby's International Realty
Buyer's Agent
Karim Abdulla
HomeSmart Realty West
List Price
$999,000
Sold Price
$1,026,000
Premium/Discount to List
$27,000
2.7%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%

Purchase Details

Closed on
Sep 16, 2010
Sold by
Shapiro Arnold L and The Arnold L Shapiro Living Tr
Bought by
Shapiro Arnold L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.38%
Mortgage Type
New Conventional
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
Sansa Ocean Enterprises Llc -- --
Nathoo Shafik Salim -- Fidelity National Title
Sansa Ocean Enterprises Llc -- Fidelity National Title
Sansa Ocean Enterprises $1,026,000 Fidelity National Title
Shapiro Arnold L -- Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nathoo Shafik Salim $445,000
Previous Owner Shapiro Arnold L $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2022 12/13/22 Sold $1,026,000 +2.7% $679 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $999,000 -- $662 / 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 $13,256 $1,067,450 $798,507 $268,943
2024 $13,256 $1,046,520 $782,850 $263,670
2023 $13,037 $1,026,000 $767,500 $258,500
2022 $4,441 $358,414 $197,130 $161,284
2021 $4,346 $351,387 $193,265 $158,122
2019 $4,281 $340,967 $187,534 $153,433
2018 $4,185 $334,282 $183,857 $150,425
2016 $3,841 $321,303 $176,718 $144,585
2015 $3,686 $316,478 $174,064 $142,414
2014 $3,661 $310,280 $170,655 $139,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22225238

California Regional Multiple Listing Service (CRMLS)

APN: 7264-017-036