NOT LISTED FOR SALE

Estimated Value: $330,000 - $411,000

Studio
1 Bath
472 Sq Ft
$394/ mo HOA Fee

Last Sold July 09, 2024

Last sale price $410,000 $869 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,797/month

54 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Open Floorplan
  • Long Beach Polytechnic High School Rated A
  • 0.46 Acre Lot
  • Clubhouse

About This Home

As of July 2024

Welcome to The Cooper Arms on Ocean Blvd! This is a Unique Opportunity to own an EAST-FACING, Partial Ocean-View condo in one of Long Beach's most Iconic Pieces of History - The Cooper Arms Building! This 7th-floor condo was fully renovated in 2023, with Quarts Countertops and Backsplash, One-Inch Cork is under New Flooring (for Added Insulation). Woody walls were installed in the study area. All New Retro Shower Fixture, Retro Fridge, Custom Stove, Dishwasher and Magnetic Darkening Shades, (Fully Furnished) - All Furniture, including an adjustable Bed with BeautyRest Mattress, all High-End (It's less than one year old). Furniture is included. All you need to bring are your personal belogings. The walls are painted with natural non-toxic and hypoallergenic lime wash paint (Currently it's activated with a short-term rental permit). Community laundry, 24-hour surveillance, and on-site management is offered in this building. It's within a Short-Walk to Pine Avenue's Nightlife and Restaurants, Shoreline Village, Convention and Performing Arts Center, Metro Blue Line and a Short Drive to California State University of Long Beach. Either for Investment or Primary, or Both, it's an Awsome Opportunity! It's a Must See!

Last Agent to Sell the Property

Pedro Padilla

Elevate Real Estate Agency Brokerage Phone: 714-501-6262 License #01894425 Listed on: 04/14/2024

Elevate Real Estate Agency

Last Buyer's Agent

Pedro Padilla

Elevate Real Estate Agency Brokerage Phone: 714-501-6262 License #01894425 Listed on: 04/14/2024

Elevate Real Estate Agency

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1923

Lot Details

  • 0.46

HOA Fees

  • $394 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 472 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Living Room
  • Art Studio

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 29 / 114
  • Tax Tract Number 5536
  • Assessor Parcel Number 7281027077
  • $230 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Picnic Area
  • Clubhouse
  • Billiard Room
  • Meeting Room
  • Recreation Room

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 1923

Lot Details

0.46 Acres

HOA Fees

$394 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Subdivision Name Other: Cooper Arms (CPA)
  • View: Yes
  • Zoning: LBCB
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281027077
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 472.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Furnished, Living Room Balcony, Open Floorplan, Quartz Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 868.64
  • Room Type: Art Studio, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Coastline, Ocean
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Connected
  • Laundry: No
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Refrigerator
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Clubhouse, Billiard Room, Recreation Room, Meeting Room, Trash, Water, Management, Security, Controlled Access
  • Association Fee: 393.93
  • Association Fee Frequency: Monthly
  • Association Name: Cooper Arms
  • Phone: 562-436-3953
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: SeaBreeze Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 19950.00
  • Lot Size Acres: 0.4580
  • Latitude Manual: 33.76700000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19950.0000 Square Feet
  • Number Of Units In Community: 200
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 114
  • Tax Census Tract: 5760.01
  • Tax Lot: 29
  • Tax Tract Number: 5536
  • TaxOtherAnnualAssessmentAmount: 230.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2024
Closed on
Jul 2, 2024
Sold by
Buric Branka
Bought by
Maharramli Sarvat
Seller's Agent
Pedro Padilla
Elevate Real Estate Agency
Buyer's Agent
Pedro Padilla
Elevate Real Estate Agency
List Price
$429,999
Sold Price
$410,000
Premium/Discount to List
-$19,999
-4.65%
Views
34
Current Estimated Value
$381,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,926
Avg. Annual Appreciation
-4.19%
Original Mortgage
$288,750
Outstanding Balance
$284,220
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$96,854

Purchase Details

Listed on
Mar 8, 2023
Closed on
Mar 21, 2023
Sold by
Coast Endeavors Llc
Bought by
Buric Branka
Seller's Agent
Mike Dunfee
Dunfee Real Estate Services
Buyer's Agent
Pedro Padilla
Elevate Real Estate Agency
List Price
$359,000
Sold Price
$360,000
Premium/Discount to List
$1,000
0.28%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$288,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2021
Sold by
Silva Gaston
Bought by
Ortega Terry C

Purchase Details

Listed on
Aug 6, 2015
Closed on
Aug 28, 2015
Sold by
Lethers Paul J and Lethers Shing Ann
Bought by
Coast Endeavors Llc
Seller's Agent
Karen Seka
HomeSmart Realty Group
Buyer's Agent
Jeff Anderson
eXp Realty of California Inc
List Price
$229,000
Sold Price
$216,000
Premium/Discount to List
-$13,000
-5.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Closed on
Oct 24, 2010
Sold by
Lethers Paul J and Lethers Shing Ann
Bought by
Lethers Paul J and Lethers Shing Ann
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
Maharramli Sarvat $410,000 Western Resources Title
Buric Branka $360,000 Lawyers Title Company
Ortega Terry C -- Stewart Title Of California In
Coast Endeavors Llc $216,000 None Available
Lethers Paul J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maharramli Sarvat $288,750
Previous Owner Buric Branka $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2024 07/09/24 Sold $410,000 -4.7% $869 / Sq Ft
04/14/2024 04/14/24 For Sale $429,999 +19.4% $911 / Sq Ft
04/11/2023 04/11/23 Sold $360,000 +0.3% $763 / Sq Ft View Prior Sale
03/20/2023 03/20/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $359,000 +66.2% $761 / Sq Ft
09/10/2015 09/10/15 Sold $216,000 -1.4% $458 / Sq Ft View Prior Sale
08/25/2015 08/25/15 Pending -- -- --
08/10/2015 08/10/15 Price Changed $219,000 -4.4% $464 / Sq Ft
08/06/2015 08/06/15 For Sale $229,000 -- $485 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,793 $410,000 $287,000 $123,000
2024 $4,793 $367,200 $265,200 $102,000
2023 $3,288 $245,767 $159,294 $86,473
2022 $3,087 $240,949 $156,171 $84,778
2021 $3,018 $236,225 $153,109 $83,116
2020 $3,010 $233,804 $151,540 $82,264
2019 $2,973 $229,220 $148,569 $80,651
2018 $2,912 $224,726 $145,656 $79,070
2016 $2,683 $216,000 $140,000 $76,000
2015 $844 $58,830 $36,770 $22,060
2014 $845 $57,678 $36,050 $21,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24074256

California Regional Multiple Listing Service (CRMLS)

APN: 7281-027-077

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