NOT LISTED FOR SALE

Estimated Value: $739,000 - $896,000

2 Beds
1.5 Baths
1,770 Sq Ft
$559/mo HOA Fee

Last Sold October 10, 2023

Last sale price $720,000 $407 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,574/month

16 Days on Market

Highlights

  • Fitness Center
  • 3-minute walk to 5Th Street Station
  • 1.01 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • Gated Parking
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of October 2023

Discover urban living at its finest in this modern loft-style condo in one of downtown Long Beach's trendiest districts - East Village Arts District. With soaring ceilings and abundant natural light, this modern abode exudes charm and contemporary flair with new paint and carpet. The open-concept design flows effortlessly, offering a versatile living space, while a well-appointed kitchen makes cooking a breeze! Enjoy peace and quiet in this tranquil complex, complete with a dedicated lounge, fitness center, and 2 dedicated side-by-side parking spaces. With a near perfect WalkScore of 98 out of 100, the property is directly across the street from coffee shops, eateries, and boutiques, while being situated in the heart of the ever-growing Downtown Long Beach. Less than a mile to Alamitos Beach, the Pike, and Retro Row, here is your chance to live the vibrant and sophisticated lifestyle you've always dreamed of in this urban gem.

Last Agent to Sell the Property

Caleb Baldwin

INTI Realty License #02056751 Listed on: 08/12/2023

Co-Listed By

Juan Huizar

Sage Real Estate Group, Inc. License #01417642

Last Buyer's Agent

Nora Fregoso Rodriguez

Realty Executives All Cities License #02103390

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,579

Year Built

  • Built in 2006

Lot Details

  • 1.01

HOA Fees

  • $559 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • Gated Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Turnkey
  • No Roof

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Sliding Doors
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Hydromassage or Jetted Bathtub

Accessible Home Design

  • Accessible Elevator Installed
  • Accessibility Features
  • Accessible Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53306
  • Assessor Parcel Number 7281001021
  • $685 per year additional tax assessments

Community Details

Overview

  • City Place Lofts Association, Phone Number (949) 716-3998
  • Powerstone Property Management HOA
  • Maintained Community

Amenities

  • Meeting Room
  • Recreation Room

Recreation

  • Fitness Center
  • Bike Trail

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,579

Year Built

Built in 2006

Lot Details

0

HOA Fees

$559 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Loft
  • Property Type: Residential
  • Parcel Number: 7281001021
  • Year Built: 2006
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1770.00 Square Feet
  • Interior Amenities: Elevator, Granite Counters, High Ceilings
  • Stories: 2
  • Entry Location: Ground Floor
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: Accessible Elevator Installed, Disability Features, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 406.78
  • Room Type: All Bedrooms Up, Primary Bathroom
  • Bathroom Features: Jetted Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Pool Private: No
  • Roof: None

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Door Opener, Gated, Off Street, On Site
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Recreation Room, Meeting Room, Maintenance Grounds, Trash, Sewer, Water, Controlled Access
  • Association Fee: 559.44
  • Association Fee Frequency: Monthly
  • Association Name: City Place Lofts
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Powerstone Property Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 44026.00
  • Lot Size Acres: 1.0107

Multi Family

  • Lease Considered: No
  • Lot Size Area: 44026.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5762.00
  • Tax Lot: 1
  • Tax Tract Number: 53306
  • TaxOtherAnnualAssessmentAmount: 685.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 15, 2023
Sold by
Kwok Family Irrevocable Trust
Bought by
Bonnell Sara Lorraine and Bonnell Lawrence Eugene
Seller's Agent
Caleb Baldwin
INTI Realty
Buyer's Agent
Nora Fregoso Rodriguez
Realty Executives All Cities
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Views
260
Current Estimated Value
$795,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,524
Avg. Annual Appreciation
5.17%
Original Mortgage
$520,000
Outstanding Balance
$507,143
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$288,381

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 22, 2016
Sold by
Trevino Samuel G
Bought by
The Kwok Family Irrevocable Trust
Seller's Agent
Mike Dunfee
Engel & Völkers Long Beach
Buyer's Agent
Chester Chang
Dilbeck Real Estate
List Price
$549,000
Sold Price
$542,000
Premium/Discount to List
-$7,000
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Jun 5, 2008
Sold by
4Th Street Loft Partners Llc
Bought by
Trevino Samuel G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bonnell Sara Lorraine $720,000 Endpoint Title
The Kwok Family Irrevocable Trust $542,000 Ticor Title
Trevino Samuel G $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonnell Sara Lorraine $520,000
Previous Owner Trevino Samuel G $335,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $720,000 -0.7% $407 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $725,000 +33.8% $410 / Sq Ft
02/08/2016 02/08/16 Sold $542,000 -1.3% $306 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $549,000 -- $310 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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 $9,579 $734,400 $346,800 $387,600
2024 $9,579 $720,000 $340,000 $380,000
2023 $8,297 $616,697 $244,630 $372,067
2022 $7,791 $604,606 $239,834 $364,772
2021 $7,498 $592,752 $235,132 $357,620
2019 $7,378 $575,173 $228,159 $347,014
2018 $7,199 $563,896 $223,686 $340,210
2016 $6,524 $527,000 $105,000 $422,000
2015 $5,743 $473,000 $94,600 $378,400
2014 $5,404 $438,000 $87,600 $350,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23137399

California Regional Multiple Listing Service (CRMLS)

APN: 7281-001-021