NOT LISTED FOR SALE

Estimated Value: $840,593

1 Bed
2 Baths
1,630 Sq Ft
1.1 Acres

Last Sold November 02, 2013

Last sale price $2,250 $1 Per Sq Ft

Est. 37,260% increase in value since last sale

Current estimated payment $5,094/month

Highlights

  • Fitness Center
  • 4-minute walk to 5Th Street Station
  • Subterranean Parking
  • Long Beach Polytechnic High School Rated A
  • 47,740 Sq Ft lot
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of November 2018

Blu is a new coastal city living experience in Long Beach from the creators of the Viceroy Santa Monica & award-winning Barker Block in downtown LA's Arts District. This hip 2008 built community is located in the heart of downtown Long Beach's urban village, just blocks from the shoreline & steps from great places to eat, drink, shop & explore. The contemporary residences are influenced by the coastal vibe and modern living style. Live/work unit with easy access by clients/business associates. This unit offers commercial space fronting 4th Street with metered parking directly in front of the entrance door. The commercial space might be used as office for your own business, like a CPA, Insurance agency...etc. with huge space and handicap-accessible restroom. The upstairs residence is lovely and features high-end finishes, a beautiful kitchen with stainless steel appliances, in-unit laundry, and a comfortable bedroom with a large walk-in closet. The tranquil bathroom has a tub and separate shower. The two parts of the property can be accessed separately. The commercial space can be added a room with portable shower in the bathroom in 1st floor. One of units in the building was divided room and office space. The residential unit is located steps away from the well-equipped gym, putting green,relaxing outdoor space and barbecue area. Two assigned parking spaces come with the unit. Commercial space should be used as business only. And whole unit should be occupied by same person.

Last Agent to Rent the Property

Young Shin

California USA Realty License #01366446 Listed on: 04/19/2018

Last Renter's Agent

George Parra

Berkshire Hathaway Home Services License #01949358

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,419

Year Built

  • Built in 2008

Lot Details

  • Two or More Common Walls
  • No Landscaping

Parking

  • Subterranean Parking
  • Parking Available
  • Side by Side Parking

Home Design

  • 1,630 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,000
  • 12-Month Minimum Lease Term
  • Available 5/6/18
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7281009037

Community Details

Overview

  • Property has a Home Owners Association
  • 83 Units

Amenities

  • Community Barbecue Grill

Recreation

  • Fitness Center

Pet Policy

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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,419

Year Built

Built in 2008

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2018-05-06
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 3000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: LBPD
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7281009037
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1630.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1.60
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Gym/Ex Room
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 47740.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 83
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2021
Sold by
Kim Young Sung and Kim Youmi Lee
Bought by
Kim Young Sung and Kim Youmi Lee
Current Estimated Value
$840,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$417,786
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$425,200

Purchase Details

Closed on
Nov 3, 2011
Sold by
Kim Young Sung and Lee You Mi
Bought by
Kim Young Sung and Lee You Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,442
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2011
Sold by
Gateway & 4Th Llc
Bought by
Kim Young S and Lee You Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,442
Interest Rate
4.05%
Mortgage Type
Commercial
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
Kim Young Sung -- Pacific Coast Title
Kim Young Sung -- None Available
Kim Young S $314,500 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Young Sung $465,000
Closed Kim Young Sung $375,000
Closed Kim Young S $298,442
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2018 11/13/18 Rented $2,600 -3.7% --
10/22/2018 10/22/18 For Rent $2,700 0.0% --
10/05/2018 10/05/18 Off Market $2,700 -- --
07/11/2018 07/11/18 Price Changed $2,700 -3.6% $2 / Sq Ft
07/10/2018 07/10/18 For Rent $2,800 0.0% --
07/09/2018 07/09/18 Off Market $2,800 -- --
06/13/2018 06/13/18 For Rent $2,800 0.0% --
05/16/2018 05/16/18 Off Market $2,800 -- --
04/19/2018 04/19/18 For Rent $2,800 +24.4% --
12/01/2013 12/01/13 Rented $2,250 0.0% --
11/02/2013 11/02/13 Sold $2,250 0.0% $1 / Sq Ft
10/25/2013 10/25/13 Under Contract -- -- --
10/25/2013 10/25/13 Off Market $2,250 -- --
09/23/2013 09/23/13 Price Changed $424,999 -5.5% $261 / Sq Ft
08/29/2013 08/29/13 For Sale $449,900 0.0% $276 / Sq Ft
06/19/2013 06/19/13 For Rent $2,350 -- --
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 $5,419 $394,579 $125,599 $268,980
2024 $5,419 $386,843 $123,137 $263,706
2023 $5,320 $379,259 $120,723 $258,536
2022 $5,000 $371,823 $118,356 $253,467
2021 $5,088 $364,534 $116,036 $248,498
2020 $5,063 $360,797 $114,847 $245,950
2019 $4,996 $353,724 $112,596 $241,128
2018 $4,874 $346,789 $110,389 $236,400
2016 $4,542 $333,324 $106,103 $227,221
2015 $4,368 $328,318 $104,510 $223,808
2014 $4,326 $321,887 $102,463 $219,424
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18087193

California Regional Multiple Listing Service (CRMLS)

APN: 7281-009-037