NOT LISTED FOR SALE

Estimated Value: $547,000 - $627,000

1 Bed
1 Bath
981 Sq Ft
$870/mo HOA Fee

Last Sold June 26, 2023

Last sale price $578,000 $589 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,794/month

63 Days on Market

Highlights

  • Ocean View
  • Across the Road from Lake or Ocean
  • Updated Kitchen
  • Long Beach Polytechnic High School Rated A
  • Ocean Side of Highway 1
  • 0.46 Acre Lot

About This Home

As of June 2023

PENTHOUSE STYLE 981 SF CORNER CONDO/LOFT WITH OCEAN VIEW, FULLY REMODELLED, with only one shared wall! Historic Cooper Arms building in East Village, downtown Long Beach. Welcome to this characterful iconic building well situated in the heart of the city, right by the ocean. This is one of the rarely available frontal end units that faces the ocean, and has a corner location with views of the ocean, marina, Queen Mary, the historic Villa Riviera, and beach all the way down to Belmont Pier. Better yet, not only does this condo have breathtaking views, it has also been extensively upgraded, made into open concept so the views can be enjoyed not only in the living room, but also from the kitchen, dining area, and bedroom. Modern interior features also updated electrical throughout, with grounded outlets, LED lighting, gorgeous chef's kitchen with center island, newer cabinetry, quartz countertops, a barn-door-style slider door to the bedroom and a doorway that has been widened to open up the property and allow more views, as well as being completely accessible. The building is 100 years old and is meticulously maintained, with onsite management and front desk personnel. The building has been earthquake retrofitted, and the ground floor level features a courtyard garden, ballroom, Rose Park Coffee and the ever popular Modica's deli. Walk easily to shops and services, and enjoy the city's best steakhouse, 555, right across the street! Come see what people love about this building, and surprise yourself with how gorgeous this particular unit 1001 is.

Last Agent to Sell the Property

Nancy Deprez

Vista Sotheby's Int'l Realty License #01899929 Listed on: 03/20/2023

Vista Sotheby's Int'l Realty

Last Buyer's Agent

Ken Do

Advance Estate Realty License #01757215

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,628

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $870 Monthly HOA Fees

Property Views

  • Ocean
  • Marina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 981 Sq Ft Home
  • Family Room
  • Living Room
  • Wood Flooring
  • Updated Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Ocean Side of Highway 1
  • Exterior Lighting

Location

  • Across the Road from Lake or Ocean
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 1 / 114
  • Tax Tract Number 1
  • Assessor Parcel Number 7281027120
  • $295 per year additional tax assessments

Community Details

Overview

  • 200 Units
  • Cooper Arms Association, Phone Number (562) 436-3953
  • Sea Breeze Management HOA
  • Cooper Arms Subdivision

Amenities

  • Meeting Room

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,628

Year Built

Built in 1923 | Remodeled

Lot Details

0

HOA Fees

$870 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Cooper Arms (CPA)
  • View: Yes
  • Zoning: LBCB
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281027120
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 981.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 589.19
  • Room Type: All Bedrooms Down, Family Room, Kitchen, Living Room, Main Floor Bedroom
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Marina, Ocean, Panoramic, Water
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Meeting Room
  • Association Fee: 869.91
  • Association Fee Frequency: Monthly
  • Association Name: Cooper Arms
  • Phone: 562-436-3953
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Sea Breeze Management

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 19946.00
  • Lot Size Acres: 0.4579

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19946.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 1
  • Waterfront Features: Across the Road from Lake/Ocean, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Block: 114
  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 295.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
May 27, 2023
Sold by
Chen Claire Y
Bought by
Do Khoa and Chau Tina
Seller's Agent
Nancy Deprez
Vista Sotheby's Int'l Realty
Buyer's Agent
Ken Do
Advance Estate Realty
List Price
$600,000
Sold Price
$578,000
Premium/Discount to List
-$22,000
-3.67%
Views
114
Current Estimated Value
$593,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,663
Avg. Annual Appreciation
2.14%
Original Mortgage
$375,000
Outstanding Balance
$366,880
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$236,785

Purchase Details

Closed on
Nov 7, 2012
Sold by
Chen Claire Y and Ashby Claire C
Bought by
Chen Claire Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2007
Sold by
Adams William
Bought by
Ashby Claire C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2006
Sold by
Rubin Bruce and Adams William
Bought by
Adams William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2003
Sold by
Rubin Bruce
Bought by
Rubin Bruce and Adams William

Purchase Details

Closed on
Jul 17, 2003
Sold by
Rubin Francile Ann
Bought by
Rubin Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Hagen Stephen E
Bought by
Rubin Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2001
Sold by
Malucky Maralyn B and Estate Of Blanche I Mcdaniel
Bought by
Hagen Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.06%

Purchase Details

Closed on
Sep 30, 1996
Sold by
Mcdaniel Blanche I
Bought by
Sharp Hoa Management Inc and California National Bank Of Long Beach
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Do Khoa $578,000 Ticor Title
Chen Claire Y -- Pacific Coast Title
Ashby Claire C $350,000 North American Title Co
Adams William -- Lawyers Title Company
Rubin Bruce -- --
Rubin Bruce -- --
Rubin Bruce $275,000 North American Title Co
Hagen Stephen E $181,000 North American Title Co
Hagen Stephen E -- North American Title Co
Sharp Hoa Management Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Do Khoa $375,000
Previous Owner Chen Claire Y $175,372
Previous Owner Chen Claire Y $243,200
Previous Owner Ashby Claire C $41,500
Previous Owner Ashby Claire C $114,965
Previous Owner Ashby Claire C $90,700
Previous Owner Ashby Claire C $260,000
Previous Owner Adams William $277,000
Previous Owner Rubin Bruce $220,000
Previous Owner Hagen Stephen E $0
Previous Owner Hagen Stephen E $20,000
Previous Owner Hagen Stephen E $155,000
Closed Rubin Bruce $27,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $578,000 -1.7% $589 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/12/2023 05/12/23 Price Changed $588,000 -2.0% $599 / Sq Ft
03/20/2023 03/20/23 For Sale $600,000 -- $612 / 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
2024 $7,628 $589,560 $306,000 $283,560
2023 $5,827 $450,703 $315,495 $135,208
2022 $5,466 $441,866 $309,309 $132,557
2021 $5,343 $433,203 $303,245 $129,958
2019 $5,261 $420,355 $294,251 $126,104
2018 $5,147 $412,114 $288,482 $123,632
2016 $3,668 $304,000 $211,000 $93,000
2015 $3,268 $277,000 $192,000 $85,000
2014 $2,749 $228,000 $158,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23037876

California Regional Multiple Listing Service (CRMLS)

APN: 7281-027-120