NOT LISTED FOR SALE

Estimated Value: $755,631 - $803,000

2 Beds
2 Baths
1,160 Sq Ft
$670/mo HOA Fee

Last Sold June 14, 2022

Last sale price $695,000 $599 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,481/month

8 Days on Market

Highlights

  • Concierge
  • 5-minute walk to 1St Street Station
  • 24-Hour Security
  • Ocean View
  • Fitness Center
  • In Ground Spa

About This Home

As of June 2022

Welcome to Aqua Towers in beautiful Downtown Long Beach. This is more than a unit for sale, this is a lifestyle. Enjoy breathtaking views of the ocean, harbor and all the activities and attractions that are surrounding this wonderful development. The interior of this special unit has 10 foot tall ceilings to add light and give it an open feeling. On one side of the sunlit living area is the primary master suite with full bath and large walk-in closet. On the other side is a junior suite that also has an ensuite full bathroom. The kitchen features granite counters, slate tile floor and built-in appliances. Indoor laundry with room for a full size washer and dryer is a great convenience. For year round comfort there is central AC & heating. The stunning vistas can be taken in from the living room, bedroom and the large balcony. Secure assigned parking space in the underground garage with elevator nearby. HOA fee and amenities include hot and cold water, internet service, 24/7 Security Concierge, fitness center with sauna, Club Room with business center and there's even a small pool and spa. Walkability? I don't know if you can find a more walkable location. Your just steps from the beach, biking trails, metro lines, local restaurants and shops on Pine Avenue, entertainment venues including the Terrace Theater, the Pike Outlet Mall with a movie cinema, East Village, Aquarium of the Pacific and so much more! Then there's the dozens of seasonal festivals at Rainbow Park and the annual Long Beach Grand Prix that you can enjoy from the comfort of your own balcony! HURRY!!

Last Agent to Sell the Property

Gary Krill

Compass License #01086159 Listed on: 04/27/2022

Compass

Last Buyer's Agent

Gary Krill

Compass License #01086159 Listed on: 04/27/2022

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • Two or More Common Walls
  • South Facing Home

HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Bridge

Interior Spaces

  • 1,160 Sq Ft Home
  • Living Room
  • Living Room Balcony
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Spa
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278017111

Community Details

Overview

  • Master Insurance
  • 276 Units
  • Aqua 388 Association, Phone Number (562) 495-1425
  • Aqua HOA
  • Downtown Subdivision
  • Maintained Community

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Sauna

Recreation

  • Fitness Center
  • Community Spa
  • Fishing
  • Park
  • Dog Park
  • Bike Trail

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$670 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD6
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017111
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1160.00 Square Feet
  • Interior Amenities: Granite Counters, Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 599.14
  • Room Type: Kitchen, Living Room, Two Masters
  • Spa Features: Association, In Ground

Exterior Features

  • Direction Faces: South
  • View: Bridge(s), Harbor, Ocean
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal
  • Heating Type: Central, Forced Air
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Concierge, Insurance, Maintenance Grounds, Water, Call for Rules, Management, Guard, Security, Controlled Access, Hot Water
  • Association Fee: 459.00
  • Association #2 Fee: 211.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Aqua 388 Association
  • Phone: 5624951425
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Fishing, Park, Sidewalks, Street Lights
  • Association Management: Aqua

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 120481.00
  • Lot Size Acres: 2.7659

Multi Family

  • Lease Considered: No
  • Lot Size Area: 120481.0000 Square Feet
  • Number Of Units In Community: 276
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 53405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 1, 2022
Sold by
Carlton Dowdy
Bought by
Zhang Lei
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Gary Krill
Compass
List Price
$688,000
Sold Price
$695,000
Premium/Discount to List
$7,000
1.02%
Current Estimated Value
$775,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,158
Avg. Annual Appreciation
3.02%
Original Mortgage
$445,000
Outstanding Balance
$420,909
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$354,249

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 25, 2022
Sold by
Arlene T Nakagawa Trust
Bought by
Zhang Yu and Zhang Lei
Seller's Agent
Gary Krill
Compass
Buyer's Agent
Gary Krill
Compass
List Price
$688,000
Sold Price
$695,000
Premium/Discount to List
$7,000
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Outstanding Balance
$420,909
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$354,249

Purchase Details

Listed on
Jun 27, 2018
Closed on
Aug 6, 2018
Sold by
Samotin Sheri L and Al Boldon S Family Trust
Bought by
Nakagawa Arlene T and Arlene T Nakagawa Trust
Seller's Agent
Ken Shields
Compass
Buyer's Agent
David J Veerman
Estate Properties
List Price
$588,000
Sold Price
$568,000
Premium/Discount to List
-$20,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$511,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2011
Sold by
Boldon Allifee
Bought by
Boldon Allifee and Al Boldons Family Trust

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Boldon Allifee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,504
Interest Rate
6.36%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhang Lei -- Fidelity National Title
Zhang Yu $695,000 Fidelity National Title
Nakagawa Arlene T $568,000 Equity Title Company
Boldon Allifee -- None Available
Boldon Allifee $607,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yu $445,000
Previous Owner Nakagawa Arlene T $511,200
Previous Owner Boldon Allifee $485,504
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2022 06/14/22 Sold $695,000 +1.0% $599 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $688,000 +21.1% $593 / Sq Ft
08/29/2018 08/29/18 Sold $568,000 0.0% $490 / Sq Ft View Prior Sale
07/25/2018 07/25/18 Price Changed $568,000 -3.4% $490 / Sq Ft
06/27/2018 06/27/18 For Sale $588,000 -- $507 / 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 $9,339 $737,537 $295,015 $442,522
2024 $9,339 $723,077 $289,231 $433,846
2023 $9,180 $708,900 $283,560 $425,340
2022 $7,446 $597,067 $239,668 $357,399
2021 $7,285 $585,361 $234,969 $350,392
2019 $7,178 $568,000 $228,000 $340,000
2018 $6,778 $536,483 $166,978 $369,505
2016 $5,488 $450,770 $136,043 $314,727
2015 $5,435 $459,000 $151,000 $308,000
2014 $4,939 $410,000 $134,700 $275,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22064319

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-111