$2,250
SOLD NOV 2, 2013
1 Bed
2 Baths
1,630 Sq Ft
$468/mo HOA Fee

Recently Sold

$1 Per Sq Ft

99% Below List Price

65 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 4-minute walk to 5Th Street Station
  • 1.1 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Gated Parking
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of November 2013

This luxury commercial/retail loft(Work & Live Residence) is located in the renowned newly-constructed BLU Condominium building. This unit loft features about 900sf business (office or retail) space with luxury hardwood floor & ADA restroom, can be used as big living room or one bed & den, storage room, a large open space with 15ft ceilings and floor-to-ceiling glass frontage on 4th St. A private stairway leads to upstairs with large windows offering 2nd floor city views. The large bedroom features a room-sized walk-in closet. Amenities also include a lobby reception area(full-automated Keurig coffee machine, 3 set full couch set, small library equipped), a business center, a stunning private lounge with a full kitchen, balcony bar area overlooking the putting green, ,new machine gym, fire place patio, BBQ area, small fountain and an outdoor lounge area . 2 assigned side by side parking lot & 20 plus guest parking lot. Long beach free shuttle(Passport 4 lanes) goes just blocks from the shoreline, & steps from great places to eat, drink, shop & explore. Walking distance to Walmart, Fresh & easy, Albertsons, every Friday farmer's market and Nordstrom rack. About 1 minute to LA Metro station. TURN KEY CONDITION, SEEING IS BELIEVING.

Last Agent to Sell the Property

Young Shin

California USA Realty License #01366446 Listed on: 08/29/2013

Last Buyer's Agent

Young Shin

California USA Realty License #01366446 Listed on: 08/29/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,419

Year Built

  • Built in 2008

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • Public Parking
  • Subterranean Parking
  • Parking Available
  • Side by Side Parking
  • Gated Parking

Interior Spaces

  • 1,630 Sq Ft Home
  • Family or Dining Combination
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 2 Full Bathrooms

Location

  • Property is near public transit
  • Suburban Location

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Community Details

  • 50 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 7281009037

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,419

Year Built

Built in 2008

Lot Details

0

HOA Fees

$468 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281009037
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1630.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 1
  • Eating Area: In Family Room
  • Levels: Two
  • Price Per Square Foot: 1.38
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Gated, Public, Side by Side, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 468.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 47740.00
  • Lot Size Acres: 1.0960

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 47740.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • 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
Total Days on Market
65
Current Estimated Value
$822,626

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
$421,548
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$401,078

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 Type Sale Price Title Company
Interfamily Deed Transfer -- Pacific Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $314,500 First American Title Nhs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,000 New Conventional
Closed $375,000 Commercial
Closed $298,442 Commercial
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
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: PW13176055

California Regional Multiple Listing Service (CRMLS)

APN: 7281-009-037