$310,000
$10K PRICE DROP

Estimated payment $2,495/month

Total Views 14,222
-- Bed
1 Bath
490 Sq Ft
$633 Price per Sq Ft

Highlights

  • City Lights View
  • Breakfast Area or Nook
  • Laundry Room
  • Wood Flooring
  • Park
  • 5-minute walk to Lincoln Park

About This Home

This 1922 Historic building has all the charm and is located in the heart of Downtown Long Beach. Roof top clubhouse, solarium with breathtaking views, 12th floor library, community laundry and walking distance to the Long Beach Convention Center, restaurants, Rainbow Lagoon Park, shopping, Long Beach Aquarium of the Pacific and so much more. As you enter the Sovereign Building you are welcomed by a beautiful grand lobby ordained with marble flooring and exquisite furnishings taking you back to the 1920's. Take advantage of the amenities in this centrally located condominium that has an on-site Manager, community laundry, personal storage area and optional parking space available to rent. The Sovereign allows Airbnb rentals, so whether you're looking for a getaway, income opportunity or to call it home sweet home, you will not be disappointed.

Listing Agent

Joanne Ortiz

Berkshire Hathaway HomeServices California Properties Brokerage Phone: 562-533-0033 License #01207097 Listed on: 04/09/2025

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,065

Year Built

  • Built in 1922

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Studio

Interior Spaces

  • 1 Full Bathroom
  • 490 Sq Ft Home
  • Wood Flooring
  • City Lights Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 3 / B
  • Assessor Parcel Number 7278005064
  • $240 per year additional tax assessments

Community Details

Overview

  • 102 Units
  • Sovereign Condominium Asso Association, Phone Number (562) 436-3475
  • Justin Hargrove HOA
  • Downtown Subdivision
  • Maintained Community
  • 12-Story Property

Amenities

  • Trash Chute
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Park
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,065

Year Built

Built in 1922

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD6
  • Property Sub Type: Studio
  • Property Type: Residential
  • Parcel Number: 7278005064
  • Year Built: 1922
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 490.00 Square Feet
  • Interior Amenities: Elevator, Trash Chute
  • Stories: 12
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Nook, In Kitchen
  • Entry Level: 1
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 632.65
  • Room Type: Kitchen

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Storage, Gas, Maintenance Grounds, Trash
  • Association Fee: 470.05
  • Association Fee Frequency: Monthly
  • Association Name: Sovereign Condominium Asso
  • Phone: 562-436-3475
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights
  • Association Management: Justin Hargrove

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7371.00
  • Lot Size Acres: 0.1692

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7371.0000 Square Feet
  • Number Of Units In Community: 102
  • Number Of Units Total: 102

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5760.01
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 240.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,065 $313,873 $218,727 $95,146
2024 $4,065 $307,720 $214,439 $93,281
2023 $3,994 $301,687 $210,235 $91,452
2022 $3,748 $295,772 $206,113 $89,659
2021 $3,650 $289,973 $202,072 $87,901
2020 $2,146 $162,491 $136,500 $25,991
2019 $2,120 $159,306 $133,824 $25,482
2018 $2,078 $156,183 $131,200 $24,983
2016 $1,682 $130,000 $109,200 $20,800
2015 $1,442 $112,000 $94,100 $17,900
2014 $1,382 $105,000 $88,200 $16,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $310,000 -3.1% $633 / Sq Ft
07/10/2025 07/10/25 For Sale $320,000 0.0% $653 / Sq Ft
07/09/2025 07/09/25 Off Market $320,000 -- --
04/09/2025 04/09/25 For Sale $320,000 +11.5% $653 / Sq Ft
06/17/2020 06/17/20 Sold $287,000 -4.0% $586 / Sq Ft
04/21/2020 04/21/20 For Sale $299,000 0.0% $610 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $299,000 -- $610 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $287,000 Ticor Title
Grant Deed $125,000 North American Title Co
Interfamily Deed Transfer -- North American Title Co
Grant Deed $44,000 Fidelity Title
Quit Claim Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $272,650 New Conventional
Previous Owner $104,170 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $112,375 Negative Amortization
Previous Owner $35,200 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25077756

California Regional Multiple Listing Service (CRMLS)

APN: 7278-005-064