NOT LISTED FOR SALE

Estimated Value: $292,000 - $350,000

Studio
1 Bath
472 Sq Ft
$355/ mo HOA Fee

Last Sold September 19, 2024

Last sale price $349,000 $739 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,150/month

19 Days on Market

Highlights

  • High Ceiling
  • Laundry Room
  • Ceiling Fan
  • Ceramic Countertops
  • Central Heating
  • 5-minute walk to Lincoln Park

About This Home

As of September 2024

This home is located at 360 W Ocean Blvd Unit 503, Long Beach, CA 90802 since 03 August 2024 and is currently estimated at $327,632, approximately $694 per square foot. This property was built in 1922. 360 W Ocean Blvd Unit 503 is a home located in Los Angeles County with nearby schools including Cesar Chavez Elementary School, Washington Middle School, and Juan Rodriguez Cabrillo High School.

Last Agent to Sell the Property

Michael Robinson

Broadmoor Realty, Inc. Brokerage Phone: 562 857-9000 License #00597913 Listed on: 08/03/2024

Last Buyer's Agent

NICO PHILLIPS

Nexgen Realtors License #02151645

Nexgen Realtors

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1922

Lot Details

  • 7,370

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1 Full Bathroom
  • 472 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Ceramic Countertops
  • Laundry Room

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 3 / B
  • Assessor Parcel Number 7278005083
  • $237 per year additional tax assessments

Community Details

Overview

  • 86 Units
  • Sovereign Condo Association, Phone Number (562) 436-3475
  • Sovereign Condo HOA
  • Built by SOVEREIGN CONDO
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1922

Lot Details

7,370 Sq Ft Lot

HOA Fees

$355 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBPD6
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278005083
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 472.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, High Ceilings
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 739.41
  • Room Type: Kitchen

Exterior Features

  • Builder Name: SOVEREIGN CONDO
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 355.00
  • Association Fee Frequency: Monthly
  • Association Name: Sovereign Condo Association
  • Phone: 562 436-3475
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: SOVEREIGN CONDO

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 86
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5760.01
  • Tax Lot: 3
  • TaxOtherAnnualAssessmentAmount: 237.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2024
Closed on
Aug 23, 2024
Sold by
Broadmoor Realty Inc
Bought by
Placencia James and Mcmanus Cori
Seller's Agent
Michael Robinson
Broadmoor Realty, Inc.
Buyer's Agent
NICO PHILLIPS
Nexgen Realtors
List Price
$375,000
Sold Price
$349,000
Premium/Discount to List
-$26,000
-6.93%
Views
63
Current Estimated Value
$327,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,368
Avg. Annual Appreciation
-4.07%
Original Mortgage
$334,650
Outstanding Balance
$330,564
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
-$2,932

Purchase Details

Closed on
May 8, 2024
Sold by
Sandra Rush Elkins Revocable Trust and Elkins Sandra Rush
Bought by
Broadmoor Realty Inc

Purchase Details

Closed on
Feb 9, 2022
Sold by
Rush Elkins Sandra
Bought by
Sandra Rush Elkins Revocable T

Purchase Details

Closed on
Apr 12, 2011
Sold by
Elkins Sandra Rush
Bought by
Elkins Sandra Rush and The Sandra Rush Elkins Revocable Trust

Purchase Details

Closed on
Mar 21, 2011
Sold by
Elkins Sandra Rush
Bought by
Elkins Sandra Rush and The Sandra Rush Elkins Trust

Purchase Details

Closed on
Jan 19, 2005
Sold by
Elkins Sandra Rush and Sandra Rush Elkins Trust
Bought by
Thomas E Timmerman Trust

Purchase Details

Closed on
Dec 13, 2002
Sold by
Jimmerman Thomas E and Elkins Sandra Rush
Bought by
Elkins Sandra Rush and The Sandra Rush Elkins Trust

Purchase Details

Closed on
Oct 22, 2002
Sold by
Timmerman Thomas E Trust
Bought by
Timmerman Thomas E Trust

Purchase Details

Closed on
Jan 10, 1997
Sold by
Timmerman Thomas E
Bought by
Sharp Hoa Management Inc and Title Insurance & Trust Companys Declara
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
Placencia James $346,000 Ticor Title Company
Broadmoor Realty Inc $250,000 Ticor Title Company
Sandra Rush Elkins Revocable T -- Law Offices Of Norman Rasmusse
Sandra Rush Elkins Revocable Trust -- Law Offices Of Norman Rasmusse
Elkins Sandra Rush -- None Available
Elkins Sandra Rush -- None Available
Elkins Sandra Rush -- None Available
Thomas E Timmerman Trust -- --
Elkins Sandra Rush -- --
Timmerman Thomas E Trust -- --
Sharp Hoa Management Inc -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Placencia James $334,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2024 09/19/24 Sold $349,000 0.0% $739 / Sq Ft
08/22/2024 08/22/24 Pending -- -- --
08/09/2024 08/09/24 Price Changed $349,000 -6.9% $739 / Sq Ft
08/03/2024 08/03/24 For Sale $375,000 -- $794 / 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 $526 $346,000 $260,000 $86,000
2024 $526 $22,604 $3,374 $19,230
2023 $513 $22,161 $3,308 $18,853
2022 $486 $21,728 $3,244 $18,484
2021 $448 $21,303 $3,181 $18,122
2019 $441 $20,674 $3,088 $17,586
2018 $435 $20,270 $3,028 $17,242
2016 $403 $19,484 $2,911 $16,573
2015 $396 $19,193 $2,868 $16,325
2014 $401 $18,818 $2,812 $16,006
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24159975

California Regional Multiple Listing Service (CRMLS)

APN: 7278-005-083

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