$460,000 - $611,490
RENTED JAN 4, 2025
-- Bed
1 Bath
992 Sq Ft
0.36 Acres

Last Sold February 27, 2018

Last sale price $455,900 $460 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,510/month

Highlights

  • Newly Remodeled
  • 2-minute walk to Pacific Station
  • Gated Community
  • Long Beach Polytechnic High School Rated A
  • Gated Parking
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of January 2025

This beautiful Downtown Long Beach loft, located in the converted Newberry Department store in the heart of Long Beach’s lively Pine Ave, is just steps away from bars, restaurants, shopping, grocery stores and markets, Long Beach’s famed Shoreline Village, Pike, marina, and more. This spacious loft, with only one shared wall, features just under 1,000 square feet of living space, including a large gourmet kitchen with quartz countertops, two tone cabinets, and stainless steel and glass backsplash. The unit also includes a laundry closet with included Samsung washer and dryer, keyless entry, central A/C heat, engineered hardwood floors, a very spacious walk in closet, and floor to ceiling double sliding glass doors that lead out to a large private balcony with unobstructed views, which can easily become an extension of your indoor living space.
This unit features numerous recently completed custom upgrades throughout, including a floor to ceiling shelving unit with storage to separate the living space from the bedroom area, a stainless steel five burner gas range, renovated bathroom with solid walnut vanity, brass and black fixtures, and quartz counters, a Nest Learning Thermostat, and a Ring Camera Pro doorbell.

Last Agent to Rent the Property

John Andonian

AIM RESOURCES REAL ESTATE SERV Brokerage Phone: 626-253-8293 License #01014311 Listed on: 12/18/2024

Last Renter's Agent

John Andonian

AIM RESOURCES REAL ESTATE SERV Brokerage Phone: 626-253-8293 License #01014311 Listed on: 12/18/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,669

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • End Unit
  • Two or More Common Walls
  • West Facing Home
  • Density is 26-30 Units/Acre

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Gated Parking
  • Community Parking Structure

Home Design

  • Modern Architecture
  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 992 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Double Pane Windows
  • Sliding Doors
  • Panel Doors
  • Entryway
  • Family Room Off Kitchen
  • City Lights Views
  • Closed Circuit Camera

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Corian Countertops
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • High Efficiency Air Conditioning
  • Central Heating and Cooling System
  • High Efficiency Heating System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $2,495
  • Rent includes association dues, sewer, trash collection, water
  • Available 1/1/25
  • Tax Lot 1
  • Tax Tract Number 71130
  • Assessor Parcel Number 7280009134

Community Details

Overview

  • Property has a Home Owners Association
  • $100 HOA Transfer Fee
  • 28 Units
  • Downtown Subdivision

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,669

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2025-01-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2495
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK, Number Limit, Size Limit, Yes
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7280009134
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 992.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Corian Counters, Elevator, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Track Lighting
  • Stories: 3
  • Entry Location: 2
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.52
  • Room Type: Entry, Family Room, Kitchen, Laundry, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Corian Counters, Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: City Lights
  • Patio And Porch Features: Concrete, Covered, Enclosed, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage, Community Structure, Gated, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater Central, Water Line to Refrigerator
  • Heating Type: Central, High Efficiency, Natural Gas
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 26-30 Units/Acre, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 15797.00
  • Lot Size Acres: 0.3626

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 15797.0000 Square Feet
  • Number Of Units In Community: 28
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 71130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Feb 5, 2018
Sold by
H & M 26 Llc
Bought by
Markarian Minas M and Markarian Virginia B
Seller's Agent
John Andonian
AIM RESOURCES REAL ESTATE SERV
Buyer's Agent
MINAS MARKARIAN
AIM RESOURCES REAL ESTATE SERV
Sold Price
$2,300
Current Estimated Value
$554,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,073
Avg. Annual Appreciation
3.52%
Original Mortgage
$227,950
Outstanding Balance
$193,939
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$397,885
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
Markarian Minas M $456,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markarian Minas M $227,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2025 01/04/25 Rented $2,495 0.0% --
12/18/2024 12/18/24 For Rent $2,495 +4.2% --
02/28/2021 02/28/21 Rented $2,395 0.0% --
02/18/2021 02/18/21 For Rent $2,395 +4.1% --
03/25/2018 03/25/18 Rented $2,300 0.0% --
02/28/2018 02/28/18 For Rent $2,300 0.0% --
02/27/2018 02/27/18 Sold $455,900 0.0% $460 / Sq Ft
01/19/2018 01/19/18 For Sale $455,900 -- $460 / 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 $6,669 $518,844 $204,807 $314,037
2024 $6,669 $508,672 $200,792 $307,880
2023 $6,554 $498,699 $196,855 $301,844
2022 $6,151 $488,922 $192,996 $295,926
2021 $5,974 $479,336 $189,212 $290,124
2019 $5,886 $465,120 $183,600 $281,520
2018 $1,332 $94,745 $45,625 $49,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24251624

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-140