NOT LISTED FOR SALE

Estimated Value: $468,000 - $580,000

1 Bed
1 Bath
789 Sq Ft
0.6 Acres

Last Sold June 19, 2020

Last sale price $380,000 $482 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,127/month

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • 0.6 Acre Lot
  • Fremont Elementary School Rated A
  • Updated Kitchen
  • Great Room

About This Home

As of May 2024

Located in the heart of the premiere Belmont Heights neighborhood in Long Beach. Enjoy high end condominium living, all just steps to an array of
shops, restaurants and the ocean/beach. This large 1 bedroom, 1 bathroom unit of approx. 800 sq. ft. has been completely remodeled with high
end appointments through out. Just some of the high end upgrades include: luxury large plank wood texture vinyl floors, quartz countertops,
custom kitchen cabinets, luxury brass kitchen faucet, brass knobs and switches, custom walnut closet and hallway cabinets, Architectural LED
lighting fixtures, Hansgrohe bathroom fixtures with rain and handheld shower, Toto toilet, LG premium black stainless steel kitchen appliances
(French door refrigerator, stove/oven, microwave, dishwasher). Great layout with open concept kitchen that opens out to a large great room that
has 2 sets of sliders going out to a balcony that runs the length of the unit. Space for dining area. Large storage spaces and closet in bedroom.
Prime top floor location with elevator access to all levels. Secure building that includes a swimming pool. Includes 1 reserved underground covered
parking space + bonus storage. Laundry facilities available in building. Enjoy walkability and beach living while residing in luxury in this absolutely
turn key condo! Owner pays for HOA dues that includes water and trash. Tenant pays for all other utilities and services. Must have excellent credit
(700 FICO) and documented monthly gross income of 3x rent. NO smoking or sub leasing, VRBO, Air BnB, etc allowed. Will consider one small quiet
indoor only pet with extra deposit. The HOA rules only allow a small pet, so no exceptions. Unit is available first week of June 2024 on a 12 month lease term. 1 bedroom AC unit, toaster oven will be left AS IS with no warranty

Last Agent to Rent the Property

Mike Trossen

Equity Brokers Brokerage Phone: 562-233-5954 License #01466702 Listed on: 05/04/2024

Last Renter's Agent

Mike Trossen

Equity Brokers Brokerage Phone: 562-233-5954 License #01466702 Listed on: 05/04/2024

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1968 | Remodeled

Lot Details

  • 0.6

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Common Roof

Interior Spaces

  • 789 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Pane Windows
  • Great Room
  • Living Room
  • Storage
  • Laundry Room
  • Vinyl Flooring
  • Views of Woods

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Home Security

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Additional Features

  • Balcony
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $3,200
  • Rent includes association dues, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 6/3/24
  • Tax Lot 1
  • Tax Tract Number 34858
  • Assessor Parcel Number 7255022079

Community Details

Overview

  • Property has a Home Owners Association
  • 42 Units
  • Belmont Heights Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1968 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2024-06-03
  • Credit Check Paid By: Owner
  • Deposit Pets: 500
  • Deposit Security: 3200
  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Belmont Heights (BH)
  • View: Yes
  • Zoning: LBR34
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7255022079
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 789.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Quartz Counters, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.42
  • Room Type: Great Room, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • View: Trees/Woods
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Community Structure, Covered, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 25952.00
  • Lot Size Acres: 0.5958

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 25952.0000 Square Feet
  • Number Of Units In Community: 42
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5771.00
  • Tax Lot: 1
  • Tax Tract Number: 34858

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
May 22, 2020
Sold by
Friedman Dennis Michael and The Dennis Michael Friedman Tr
Bought by
Jain Shriya
Seller's Agent
Scott Underwood
Meadowbrook Realty
Buyer's Agent
Mike Trossen
Equity Brokers
List Price
$419,000
Sold Price
$380,000
Premium/Discount to List
-$39,000
-9.31%
Current Estimated Value
$512,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,813
Avg. Annual Appreciation
5.58%
Original Mortgage
$342,000
Outstanding Balance
$302,486
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$210,327

Purchase Details

Closed on
Sep 10, 1998
Sold by
Friedman Dennis M
Bought by
Dennis Michael Friedman Trust
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
Jain Shriya $380,000 Chicago Title
Dennis Michael Friedman Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Shriya $342,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2024 05/08/24 Rented $2,700 0.0% --
05/04/2024 05/04/24 For Rent $2,700 0.0% --
09/10/2023 09/10/23 Rented $2,700 0.0% --
08/27/2023 08/27/23 Price Changed $2,700 -5.3% $3 / Sq Ft
08/16/2023 08/16/23 For Rent $2,850 0.0% --
06/19/2020 06/19/20 Sold $380,000 -4.8% $482 / Sq Ft View Prior Sale
05/20/2020 05/20/20 Pending -- -- --
03/14/2020 03/14/20 Price Changed $399,000 -4.8% $506 / Sq Ft
02/28/2020 02/28/20 For Sale $419,000 -- $531 / 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 $5,289 $415,580 $251,645 $163,935
2024 $5,289 $407,432 $246,711 $160,721
2023 $5,199 $399,444 $241,874 $157,570
2022 $4,878 $391,613 $237,132 $154,481
2021 $4,782 $383,935 $232,483 $151,452
2020 $2,157 $162,410 $64,959 $97,451
2019 $2,047 $159,227 $63,686 $95,541
2018 $1,995 $156,106 $62,438 $93,668
2016 $1,832 $150,046 $60,014 $90,032
2015 $1,760 $147,793 $59,113 $88,680
2014 $1,752 $144,899 $57,956 $86,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24089874

California Regional Multiple Listing Service (CRMLS)

APN: 7255-022-079