NOT LISTED FOR SALE

Estimated Value: $3,135,000

1 Bed
1 Bath
700 Sq Ft
$4,479/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $226,000 $323 Per Sq Ft

Est. 1,287% increase in value since last sale

Current estimated payment $20,950/month

26 Days on Market

Highlights

  • Golf Course Community
  • 3-minute walk to Pacific Station
  • Main Floor Bedroom
  • Fishing
  • 0.26 Acre Lot
  • Bathtub with Shower

About This Home

As of April 2023

Own one, two, or three properties in the heart of downtown Long Beach at a super affordable price! These units are perfect for an investor or for an owner-user. The Seller for this unit is selling Unit 6 (downstairs one bedroom), Unit 10 (downstairs studio), and Unit 21 (upstairs one bedroom), all in the same gated building, known as Victor Court. Each unit is very roomy with a spacious living room, kitchen, and full bathroom. The HOA covers all utilities, except for the electric bill. The property taxes for each unit are substantially less than normal property taxes in this price range. Two lenders are currently working to see if financing is possibly an option for owner occupants in the complex, as this property is a stock co-op. This property is located in a prime location within walking distance to the beach, restaurants, shopping, and nightlife in the downtown Long Beach area. Hurry before it is too late!

Last Agent to Sell the Property

Danielle Whitney Moore

Keller Williams Realty License #01715547 Listed on: 02/15/2023

Keller Williams Realty

Co-Listed By

Lauren Yi

Keller Williams Realty License #02100328

Last Buyer's Agent

Eliisa Stowell

Surterre Properties Inc. License #01397481

Surterre Properties Inc.

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1919

Lot Details

  • 0.26 Acre Lot
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $173 Monthly HOA Fees

Interior Spaces

  • 700 Sq Ft Home
  • 2-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 7280011016

Community Details

Overview

  • 24 Units
  • Victor Court Association, Phone Number (562) 597-3390
  • Lissa Jacobson HOA
  • Downtown Subdivision

Recreation

  • Golf Course Community
  • Fishing
  • Water Sports
  • Bike Trail

Property Details

Home Type

Co-Op

Year Built

Built in 1919

Lot Details

0.26 Acres

HOA Fees

$173 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Property Sub Type: Stock Cooperative
  • Property Type: Residential
  • Parcel Number: 7280011016
  • Year Built: 1919
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Below
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 322.86
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gas, Trash, Sewer, Water
  • Association Fee: 173.00
  • Association Fee Frequency: Monthly
  • Association Name: Victor Court
  • Phone: (562) 597-3390
  • Senior Community: No
  • Common Interest: Stock Cooperative
  • Community Features: Biking, Fishing, Golf, Watersports, Sidewalks, Urban
  • Association Management: Lissa Jacobson

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 11237.00
  • Lot Size Acres: 0.2580

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11237.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 24

Tax Info

  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2012
Sold by
Gibbs Lee A
Bought by
Gibbs Lee A
Current Estimated Value
$3,135,000

Purchase Details

Closed on
Aug 17, 2011
Sold by
Gibbs Katherine A
Bought by
Gibbs Lee A and Katherine A Gibbs Revocable Family Trust

Purchase Details

Closed on
Jun 14, 2006
Sold by
Campbell Marjorie S
Bought by
Jacobson Lissa E

Purchase Details

Closed on
May 9, 1994
Sold by
Myers Julian W
Bought by
Myers Julian W and Myers Marion B
Source: Public Records
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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
Gibbs Lee A -- None Available
Gibbs Lee A -- None Available
Jacobson Lissa E -- None Available
Myers Julian W -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2023 04/17/23 Sold $226,000 +0.4% $323 / Sq Ft
03/13/2023 03/13/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $225,000 -- $321 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $53,585 $4,048,184 $1,821,683 $2,226,501
2024 $53,585 $3,968,809 $1,785,964 $2,182,845
2023 $43,072 $3,114,354 $1,401,459 $1,712,895
2022 $40,446 $3,050,453 $1,372,703 $1,677,750
2021 $32,382 $2,390,024 $1,075,510 $1,314,514
2020 $29,584 $2,139,821 $962,919 $1,176,902
2019 $29,731 $2,138,665 $962,399 $1,176,266
2018 $20,430 $1,393,395 $627,027 $766,368
2017 $119 $1,131,922 $396,172 $735,750
2016 $16,100 $1,109,728 $388,404 $721,324
2015 $14,326 $986,721 $345,352 $641,369
2014 $13,846 $829,189 $290,216 $538,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23026524

California Regional Multiple Listing Service (CRMLS)

APN: 7280-011-016

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