NOT LISTED FOR SALE

Estimated Value: $332,124

1 Bed
1 Bath
421 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: February 26, 2020

Last sale price $313,250 $744 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,550 / mo

13 Days on Market

Highlights

  • Concierge
  • Ocean View
  • Gated with Attendant
  • Long Beach Polytechnic High School Rated A
  • Art Studio
  • Fishing

About This Home

As of February 2020

Studio for sale in Downtown Long Beach on Ocean Blvd! Situated in the exceptionally sought-after neighborhood of the East Village Arts
District, the Cooper Arms is on the National Historic Register of Buildings and is an assigned City Landmark of Long Beach. This strikingly
charming condominium has a brand-new stove, comes with new paint, and two large walk-in closets for plenty of storage! The unit is
conveniently located within a few of blocks of the Beach, the Metro Blue Line Transit to Downtown Los Angeles, and numerous restaurants
for entertaining. HOA Amenities include a dazzling top floor Solarium/Game room, secured entrance with on-site management, a beautiful
courtyard, and the Grand Salon on the main floor. Secured parking is available for lease across the street at the 555 Restaurant or
the Chase Bank Building nearby.

Perfect for an owner / investor looking to rent to a tenant or utilize as an Airbnb short term rental with stunning beach & marina views!

Last Agent to Sell the Property

Edward Weng

eXp Realty of California Inc License #02007124 Listed on: 01/06/2020

eXp Realty of California Inc

Last Buyer's Agent

Eloy Villamil

Remax Innovative License #01799836

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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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 0.46

HOA Fees

  • $292 Monthly HOA Fees

Property Views

  • Ocean
  • Marina
  • Coastline
  • Harbor
  • Neighborhood

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 421 Sq Ft Home
  • Ceiling Fan
  • Wood Frame Window
  • Sliding Doors
  • Loft
  • Art Studio
  • Sound Studio
  • Wood Flooring
  • Pest Guard System

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Tile Countertops
  • Instant Hot Water

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Parking

  • Parking Available
  • Off-Site Parking

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Two or More Common Walls
  • Hot Water Heating System

Listing and Financial Details

  • Legal Lot and Block 29 / 114
  • Assessor Parcel Number 7281027030

Community Details

Overview

  • Master Insurance
  • 159 Units
  • Cooper Arms HOA, Phone Number (562) 436-3953
  • Sharp HOA Management HOA

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Banquet Facilities
  • Billiard Room
  • Meeting Room
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fishing
  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed with Restrictions
  • Pet Size Limit

Security

  • Gated with Attendant
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0.46 Acres

HOA Fees

$292 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated with Guard, Guarded, Smoke Detector(s)
  • Subdivision Name Other: Cooper Arms (CPA)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281027030
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 421.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Balcony, Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 744.06
  • Room Type: All Bedrooms Down, Art Studio, Dressing Area, Loft, Main Floor Master Bedroom, Sound Studio, Walk-In Closet
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub, Shower In Tub, Linen Closet/Storage, Remodeled
  • Room Kitchen Features: Tile Counters

Exterior Features

  • View: Coastline, Harbor, Marina, Neighborhood, Ocean
  • Pool Private: No
  • Construction Materials: Brick

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Site

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Instant Hot Water
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Pest Control, Billiard Room, Banquet Facilities, Recreation Room, Meeting Room, Concierge, Electricity, Gas, Insurance, Trash, Utilities, Sewer, Water, Pet Rules, Pets Permitted, Weight Limit, Guard, Security, Controlled Access, Hot Water
  • Association Fee: 291.95
  • Association Fee Frequency: Monthly
  • Association Name: Cooper Arms HOA
  • Phone: 562-436-3953
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Fishing, Hiking, Park, Watersports, Street Lights, Urban
  • Association Management: Sharp HOA Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • 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: 159
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 114
  • Tax Lot: 29

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jan 24, 2020
Sold by
Marengo Holdings Llc
Bought by
Seller's Agent
Edward Weng
eXp Realty of California Inc
Buyer's Agent
Eloy Villamil
Remax Innovative
List Price
$310,000
Sold Price
$313,250
Premium/Discount to List
$3,250
1.05%
Current Estimated Value
$332,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,874
Avg. Annual Appreciation
0.90%
Original Mortgage
$250,600
Outstanding Balance
$216,599
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$115,525

Purchase Details

Closed on
Apr 18, 2014
Sold by
Mok Chung Fan and Mok Yuen Ching
Bought by
Marengo Holdings Llc

Purchase Details

Closed on
Jan 26, 2011
Sold by
Mok Peter K and Mok Judy M
Bought by
Mok Chung Fan and Mok Yuen Ching

Purchase Details

Closed on
May 4, 2007
Sold by
Andershonis John
Bought by
Vander Vliet Tineke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,800
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2004
Sold by
Smith Donna
Bought by
Vliet Tineke Van Der

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2004
Sold by
Galvery William L and Galvery Kathleen P
Bought by
Smith Donna

Purchase Details

Closed on
May 16, 2003
Sold by
Bedard Dana G and Bedard Pamela J
Bought by
Galvery William L and Galvery Kathleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2003
Sold by
Bedard Donald J
Bought by
Bedard Dana G and Bedard Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1996
Sold by
Bedard Donald J
Bought by
Sharp Hoa Management Inc and Declaration Of Trust #31
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Village, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$313,500 First American Title Company
Marengo Holdings Llc -- None Available
Mok Chung Fan $180,000 Advantage Title Inc
Vander Vliet Tineke -- North American Title Co
Mok Peter K $261,000 North American Title Co
Vliet Tineke Van Der $239,000 Ticor Title Co
Smith Donna $210,000 Natc
Galvery William L $133,000 Natc
Bedard Dana G -- Natc
Sharp Hoa Management Inc -- Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,600
Previous Owner Mok Peter K $208,800
Previous Owner Vliet Tineke Van Der $191,200
Previous Owner Galvery William L $106,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/26/2020 02/26/20 Sold $313,250 +1.0% $744 / Sq Ft
01/06/2020 01/06/20 For Sale $310,000 -- $736 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,593 $349,430 $256,566 $92,864
2025 $4,593 $342,580 $251,536 $91,044
2024 $4,397 $335,863 $246,604 $89,259
2023 $4,320 $329,278 $241,769 $87,509
2022 $4,053 $322,823 $237,029 $85,794
2021 $3,968 $316,494 $232,382 $84,112
2020 $2,619 $201,754 $134,504 $67,250
2019 $2,587 $197,799 $131,867 $65,932
2018 $2,534 $193,922 $129,282 $64,640
2016 $2,336 $186,394 $124,263 $62,131
2015 $2,243 $183,595 $122,397 $61,198
2014 $2,323 $188,121 $131,685 $56,436
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20002968

California Regional Multiple Listing Service (CRMLS)

APN: 7281-027-064

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