NOT LISTED FOR SALE

Estimated Value: $351,000 - $476,000

1 Bed
1 Bath
635 Sq Ft
$357/mo HOA Fee

Last Sold May 27, 2016

Last sale price $290,000 $457 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,887/month

34 Days on Market

Highlights

  • Panoramic View
  • Billiard Room
  • Security Guard
  • Long Beach Polytechnic High School Rated A
  • Walk-In Closet
  • Controlled Access

About This Home

As of May 2016

CORNER UNIT 11th floor 1 bedroom in the historic Cooper Arms building features unobstructed city views of Downtown LA, the Hollywood Sign, Surrounding Mountains, Signal Hill and Long Beach Skyline. This updated condo features only one common wall and no one residing above you. Located in the highly sought after neighborhood of the East Village Arts District, the Cooper Arms is on the National Historic Register of Buildings and designated a City Landmark. Conveniently located within a few blocks of the Beach, Pine Avenue's nightlife and restaurants, the Terrace Theatre, Convention Center, Metro Blue Line Transit to Los Angeles, and Rainbow Harbor. Urban living at its finest! Contemporary gray wood laminate flooring and quartz counter tops in the kitchen, welcome you to this beautiful property which combines history with a modern flair. Two HUGE walk in closets provide ample storage. The doors have been removed off the bedroom area to create an open layout. The stunning top floor Solarium, former ballroom of the Cooper Arms, is available to homeowners with billiards, wifi, and Ocean views. A tranquil, landscaped courtyard with barbecues and the gorgeous Grand Salon are on the main level. Come see why this is the perfect condo to call "home"

Last Agent to Sell the Property

Jeff Anderson

eXp Realty of California Inc License #01729514 Listed on: 03/23/2016

eXp Realty of California Inc

Co-Listed By

Lance Xavier

Think Boutiq Real Estate License #01956545

Last Buyer's Agent

Tito and Francoi Pichon

Keller Williams Realty License #01184183

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 0.46

HOA Fees

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • 635 Sq Ft Home
  • Split Level Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Radiant Heating System
  • Hot Water Heating System
  • Sewer Paid

Additional Features

  • Gas Range
  • Laundry Room
  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 29 / 114
  • Tax Tract Number 5760
  • Assessor Parcel Number 7281027149

Community Details

Overview

  • 159 Units

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Billiard Room
  • Recreation Room
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0

HOA Fees

$357 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Cooper Arms (CPA)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281027149
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 635.00
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 456.69
  • Room Type: Master Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Hills, Mountain(s), Panoramic
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Billiard Room, Controlled Access, Dues Paid Monthly, Guard, Hot Water, Management, Pets Permitted, Picnic Area, Recreation Room, Security, Sewer, Trash
  • Association Fee: 322.00
  • Association #2 Fee: 35.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 159
  • Number Of Units Total: 159

Tax Info

  • Tax Block: 114
  • Tax Lot: 29
  • Tax Tract Number: 5760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Rosales Lizet
Bought by
Lizet Rosales Separate Property Trust and Rosales
Current Estimated Value
$414,884

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 2, 2016
Sold by
Yagi Mikae and Mikae Yagi Living Trust
Bought by
Rosales Lizet
Seller's Agent
Jeff Anderson
eXp Realty of California Inc
Buyer's Agent
Tito and Francoi Pichon
Keller Williams Realty
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$275,500
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2015
Closed on
Apr 25, 2015
Sold by
Griggs Will and Griggs Trina
Bought by
Yagi Mikae and Mikae Yagi Living Trust
Seller's Agent
Lance Xavier
Think Boutiq Real Estate
Buyer's Agent
Lance Xavier
Think Boutiq Real Estate
List Price
$246,900
Sold Price
$250,000
Premium/Discount to List
$3,100
1.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%
Original Mortgage
$125,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Griggs Will and The Will Griggs Family Trust
Bought by
Griggs Will and Griggs Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,555
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Griggs Trina and Griggs Will
Bought by
Ldt Financial Inc

Purchase Details

Closed on
Dec 9, 2009
Sold by
Griggs Will and Griggs Trina
Bought by
Griggs Family Trust

Purchase Details

Closed on
Nov 30, 2006
Sold by
Row K Raghavendra and The Kurapaty L K Row Family Tr
Bought by
Griggs Will and Griggs Trina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 1998
Sold by
Row Lalitha C and Row Lalitha K
Bought by
The Kurapaty L K & Lalitha C Row Family
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
Lizet Rosales Separate Property Trust -- None Listed On Document
Rosales Lizet $290,000 Fidelity National Title
Yagi Mikae $250,000 First American Title Company
Griggs Will -- Servicelink
Ldt Financial Inc -- None Available
Griggs Family Trust -- None Available
Griggs Will $265,000 North American Title Co
The Kurapaty L K & Lalitha C Row Family -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosales Lizet $275,500
Previous Owner Yagi Mikae $125,000
Previous Owner Griggs Will $245,555
Previous Owner Griggs Will $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2016 05/27/16 Sold $290,000 +0.3% $457 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
04/19/2016 04/19/16 Price Changed $289,000 -3.6% $455 / Sq Ft
03/23/2016 03/23/16 For Sale $299,900 +20.0% $472 / Sq Ft
05/18/2015 05/18/15 Sold $250,000 +1.3% $394 / Sq Ft View Prior Sale
04/20/2015 04/20/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $246,900 -- $389 / 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 $4,351 $343,295 $236,756 $106,539
2024 $4,351 $336,564 $232,114 $104,450
2023 $4,273 $329,965 $227,563 $102,402
2022 $4,009 $323,496 $223,101 $100,395
2021 $3,918 $317,154 $218,727 $98,427
2019 $3,858 $307,749 $212,241 $95,508
2018 $3,775 $301,716 $208,080 $93,636
2016 $3,055 $253,812 $187,821 $65,991
2015 $2,448 $200,000 $140,000 $60,000
2014 $2,023 $160,000 $112,000 $48,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16060394

California Regional Multiple Listing Service (CRMLS)

APN: 7281-027-149