NOT LISTED FOR SALE

Estimated Value: $666,452 - $826,000

2 Beds
2 Baths
960 Sq Ft
$593/mo HOA Fee

Last Sold May 05, 2021

Last sale price $624,900 $651 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,123/month

17 Days on Market

Highlights

  • Ocean View
  • 5-minute walk to 1St Street Station
  • Spa
  • Fitness Center
  • 24-Hour Security
  • Gated Parking

About This Home

As of May 2021

Panoramic views from this 2 bedroom 2 bath 5th floor condo in the Aqua Towers which is nearly ocean front living. You'll enjoy ocean views from every room. Many upgrades in this impressive condo include, Granite Counters, light cabinets, stacked glass tile back-splash, GE slide in range and built in microwave and dishwasher, stainless sink and brushed hardware throughout. Rich wood floors throughout finished with tall baseboards. Tiled kitchen floors. Both bathrooms have an abundance of upgrades, tiled walls. There is a large walk out balcony for relaxing and taking in the views. Lots of glass make this a bright home. The Aqua Towers is noted for the amenities which include 24 attended reception. Secured gated parking for vehicles and secured bicycle storage. HOA includes internet, fitness center, sauna, pool, spa BBQ area, water, trash and sewer. Lots of fun spots nearby for dining, shopping and entertainment. You'll love calling 388 E Ocean home.

Last Agent to Sell the Property

Raul Aldama

Realty One Group West License #01263994 Listed on: 03/19/2021

Realty One Group West

Last Buyer's Agent

Karen Anderson

Keller Williams Luxury License #01224307

Keller Williams Luxury

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2004

Lot Details

  • 2.77

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Assigned Parking
  • Community Parking Structure

Property Views

  • Panoramic
  • City Lights

Home Design

  • Turnkey

Interior Spaces

  • 960 Sq Ft Home
  • Open Floorplan
  • High Ceiling

Kitchen

  • Electric Range
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Across the Road from Lake or Ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278017118

Community Details

Overview

  • 278 Units
  • Aqua Towers Association, Phone Number (562) 435-0592
  • Downtown Subdivision
  • 18-Story Property

Recreation

  • Fitness Center
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

0

HOA Fees

$593 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD6
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278017118
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 960.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings, Open Floorplan
  • Stories: 18
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 650.94
  • Room Type: All Bedrooms Down, Laundry, Main Floor Bedroom, Main Floor Master Bedroom, Walk-In Closet
  • Spa Features: Community
  • Bathroom Features: Shower In Tub, Double Sinks In Master Bath, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Coastline, Ocean, Panoramic
  • Pool Features: Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Gym/Ex Room, Guard
  • Association Fee: 426.00
  • Association #2 Fee: 167.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Aqua Towers
  • Phone: 5624350592
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Aqua Towers

Lot Info

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

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 120481.0000 Square Feet
  • Number Of Units In Community: 278
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2013
Sold by
Adachi Yoko
Bought by
The Namdar Family Trust
Current Estimated Value
$728,613

Purchase Details

Closed on
Mar 8, 2011
Sold by
Adachi Yoko and Wang Yoko Adachi
Bought by
Adachi Yoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Wang Szu Po
Bought by
Wang Yoko Adachi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower I Llc
Bought by
Wang Szu Po and Wang Yoko Adachi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
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
The Namdar Family Trust $345,000 Usa National Title Co
Adachi Yoko -- Fidelity National Title Co
Wang Yoko Adachi -- Fidelity National Title Co
Wang Szu Po $588,000 First American Title Co La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adachi Yoko $198,000
Previous Owner Wang Szu Po $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $624,900 0.0% $651 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/19/2021 03/19/21 Price Changed $624,900 -90.0% $651 / Sq Ft
03/19/2021 03/19/21 For Sale $6,254,900 0.0% $6,516 / Sq Ft
07/01/2020 07/01/20 Rented $2,662 -3.0% --
06/18/2020 06/18/20 Under Contract -- -- --
04/22/2020 04/22/20 Price Changed $2,745 -52.2% $3 / Sq Ft
04/21/2020 04/21/20 Price Changed $5,745 +105.5% $6 / Sq Ft
04/01/2020 04/01/20 Price Changed $2,795 -1.9% $3 / Sq Ft
03/02/2020 03/02/20 Price Changed $2,850 +2.0% $3 / Sq Ft
02/29/2020 02/29/20 For Rent $2,795 +1.6% --
04/15/2019 04/15/19 Rented $2,750 0.0% --
04/08/2019 04/08/19 Under Contract -- -- --
03/15/2019 03/15/19 For Rent $2,750 +1.9% --
12/02/2018 12/02/18 Rented $2,700 0.0% --
10/26/2018 10/26/18 Under Contract -- -- --
10/08/2018 10/08/18 For Rent $2,700 +3.8% --
03/21/2017 03/21/17 Rented $2,600 0.0% --
02/26/2017 02/26/17 For Rent $2,600 -- --
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 $8,955 $676,409 $243,437 $432,972
2024 $8,569 $663,147 $238,664 $424,483
2023 $8,423 $650,145 $233,985 $416,160
2022 $7,900 $637,398 $229,398 $408,000
2021 $4,946 $390,710 $172,138 $218,572
2020 $4,932 $386,704 $170,373 $216,331
2019 $4,873 $379,123 $167,033 $212,090
2018 $4,769 $371,690 $163,758 $207,932
2016 $4,390 $357,258 $157,400 $199,858
2015 $4,214 $351,892 $155,036 $196,856
2014 $3,843 $322,000 $98,700 $223,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21058314

California Regional Multiple Listing Service (CRMLS)

APN: 7278-017-118

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