NOT LISTED FOR SALE

Estimated Value: $488,000 - $591,000

-- Bed
1 Bath
1,080 Sq Ft
0.39 Acres

Last Sold September 04, 2020

Last sale price $429,000 $397 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,366/month

Highlights

  • Custom Home
  • 2-minute walk to Pacific Station
  • Loft
  • Long Beach Polytechnic High School Rated A
  • Open Floorplan
  • 4-minute walk to Harvey Milk Promenade Park

About This Home

As of April 2021

Absolutely beautiful loft in the desired Newberry Lofts building located on Pine Ave walking distance from restaurants, entertainment, shops and much more. This charming unit includes a cozy electric fireplace with stunning stonework. You will find a gorgeous barn-door at the entry leading to your spacious bathroom, walking closet and laundry area with stainless steel washer and dryer for your convenience. Elegant rich dark wood laminae flooring, modern quartz countertops, beautifully appointed tile backsplash. This is indeed a luxury place to be enjoyed. You will have your private patio to enjoy gatherings, which includes a great area for storage. This unit is unfurnished, it includes 1 secured parking space. Enjoy the nearby Shoreline area, fine dining, spas, yoga studios, metro line, LB Conventional Center and much more.

Last Agent to Rent the Property

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 03/16/2021

Last Renter's Agent

Mike Dunfee

Dunfee Real Estate Services License #01191497 Listed on: 03/16/2021

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

  • 0.39

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Custom Home
  • Turnkey

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Loft
  • Storage
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,295
  • Rent includes association dues, gardener, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 3/17/21
  • Tax Lot 1
  • Tax Tract Number 71130
  • Assessor Parcel Number 7280009144

Community Details

Overview

  • Property has a Home Owners Association
  • 28 Units
  • Downtown Subdivision

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • Dogs and Cats Allowed

Condo Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0

Parking

1

Rental Info

  • Additional Rent For Pets: Yes
  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-03-17
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2295
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBPD
  • Architectural Style: Custom Built
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7280009144
  • Year Built: 2018
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1080.00 Square Feet
  • Interior Amenities: Open Floorplan, Storage, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.03
  • Room Type: Laundry, Loft, Walk-In Closet
  • Bathroom Features: Shower In Tub, Quartz Counters
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 16900.00
  • Lot Size Acres: 0.3880

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 16900.0000 Square Feet
  • Management Co: MD Property Management
  • Management Co Phone: (562)4931400
  • Number Of Units In Community: 28
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5759.02
  • Tax Lot: 1
  • Tax Tract Number: 71130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2018
Sold by
H & M 26 Llc
Bought by
Desilva Ash Asela
Current Estimated Value
$548,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,200
Interest Rate
3%
Mortgage Type
New Conventional
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
Desilva Ash Asela $429,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desilva Ash Asela $343,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/06/2021 04/06/21 Rented $2,195 -4.4% --
04/01/2021 04/01/21 Price Changed $2,295 +4.6% $2 / Sq Ft
03/31/2021 03/31/21 Price Changed $2,195 -8.4% $2 / Sq Ft
03/16/2021 03/16/21 For Rent $2,395 0.0% --
09/04/2020 09/04/20 Sold $429,000 -2.1% $396 / Sq Ft View Prior Sale
05/26/2020 05/26/20 Price Changed $438,400 -8.4% $405 / Sq Ft
04/19/2019 04/19/19 For Sale $478,400 -- $442 / 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 $6,023 $464,361 $182,929 $281,432
2024 $6,023 $455,257 $179,343 $275,914
2023 $5,919 $446,331 $175,827 $270,504
2022 $5,556 $437,580 $172,380 $265,200
2021 $5,384 $429,000 $169,000 $260,000
2020 $2,792 $209,966 $51,782 $158,184
2019 $2,759 $205,850 $50,767 $155,083
2018 $1,440 $103,357 $49,772 $53,585
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21055304

California Regional Multiple Listing Service (CRMLS)

APN: 7280-009-144