NOT LISTED FOR SALE

Estimated Value: $458,371

1 Bed
1 Bath
680 Sq Ft
2.77 Acre Lot

Sale Details

Date Sold: August 20, 2020

Last sale price $395,400 $581 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,685 / mo

9 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to 1St Street Station
  • Automatic Gate
  • 24-Hour Security
  • Spa
  • 5-minute walk to Promenade Square Park

About This Home

As of August 2020

Breath taking unobstructed panoramic city light views that stretches all the way to downtown Los Angeles and the Hollywood Sign! The interior of this bright and airy condo features ultra high ceilings, a spacious kitchen with plenty of cabinet and counter top space that blends in with the living room, large bathroom with soak-in tub, walk-in closet, laundry closet that fits full size machines side by side, and central air conditioning and heating system. As a bonus, this unit comes with a PRIVATE DEEDED GARAGE (Garage #257) with automatic garage door opener and extra space for storage. The garage is conveniently located inside the tower's secure subterranean parking close to the elevators.
Aqua Towers are walking distance to the beach and a variety of restaurants, bars, coffee shops, the famous Pine Ave, the Shoreline Village and The performing Arts Center. The building amenities include 24/7 Security Concierge, 2 Fitness Centers, 2 Sauna Rooms, 2 Club Rooms, 4 Business Centers, 2 Pools, 2 Spas, 2 Sun Decks and 2 BBQ Areas. HOA monthly fees include Water (Hot & Cold), Sewer, Trash (Regular Trash & Recycling) and High Speed Internet service. All appliances, washer and dryer are included in the sale. Use the virtual tour link to view a 360 tour of this beautiful unit.

Last Agent to Sell the Property

Max Hunter

Realty Gratitude Corporation License #01887847 Listed on: 07/13/2020

Last Buyer's Agent

Royce Jefferson

Wiggs & Associates License #02102509

Range of Values:

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Value Increase
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Percent Increase
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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 2004

Lot Details

  • 2.77

HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Private Parking
  • Single Garage Door
  • Automatic Gate
  • Community Parking Structure

Interior Spaces

  • 680 Sq Ft Home
  • Family Room Off Kitchen
  • Living Room Balcony
  • Combination Dining and Living Room
  • City Lights Views
  • Closed Circuit Camera
  • Laundry in Kitchen

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Sewer Paid

Additional Features

  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 53405
  • Assessor Parcel Number 7278030029

Community Details

Overview

  • 274 Units
  • Aqua 388 Community Association, Phone Number (562) 495-1425
  • First Service Residential HOA
  • Alamitos Beach Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • 24-Hour Security
  • On-Site Manager or Management
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2004

Lot Details

2.77 Acres

HOA Fees

$605 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Card/Code Access, Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD6
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7278030029
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 680.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 581.47
  • Room Type: Kitchen, Living Room
  • Spa Features: Association
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Gated, On Site, Private, Structure
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, In Kitchen, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Barbecue, Outdoor Cooking Area, Gym/Ex Room, Clubhouse, Meeting Room, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pet Rules, Permitted Types, Management, Guard, Security, Controlled Access, Hot Water
  • Association Fee: 435.00
  • Association #2 Fee: 170.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: AQUA 388 Community Association
  • Phone: 562-495-1425
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: First Service Residential

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 120481.00
  • Lot Size Acres: 2.7659

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 120481.0000 Square Feet
  • Number Of Units In Community: 274
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 2
  • Tax Tract Number: 53405

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
Jul 13, 2020
Closed on
Jul 27, 2020
Sold by
Malekzadeh Youssef and Malekzadeh Zahra T
Bought by
Seller's Agent
Max Hunter
Realty Gratitude Corporation
Buyer's Agent
Royce Jefferson
Wiggs & Associates
List Price
$399,000
Sold Price
$395,400
Premium/Discount to List
-$3,600
-0.9%
Current Estimated Value
$458,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,971
Avg. Annual Appreciation
2.45%
Original Mortgage
$361,162
Outstanding Balance
$312,337
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$146,034

Purchase Details

Closed on
Oct 16, 2007
Sold by
Baer Rodney and Baer Rodney H
Bought by
Malekzadeh Youssef and Malekzadeh Zahra T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2006
Sold by
350 Ocean Tower Ii Llc
Bought by
Baer Rodney H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$395,500 Old Republic Title Company
Malekzadeh Youssef $350,000 Fidelity National Title Co
Baer Rodney H $400,000 First American Title Co La
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 $361,162
Previous Owner Malekzadeh Youssef $280,000
Previous Owner Baer Rodney H $313,600
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
08/20/2020 08/20/20 Sold $395,400 -0.9% $581 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $399,000 -- $587 / 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 $5,672 $436,549 $174,443 $262,106
2025 $5,672 $427,990 $171,023 $256,967
2024 $5,425 $419,599 $167,670 $251,929
2023 $5,329 $411,373 $164,383 $246,990
2022 $4,999 $403,308 $161,160 $242,148
2021 $4,891 $395,400 $158,000 $237,400
2020 $5,089 $402,000 $103,000 $299,000
2019 $4,760 $372,000 $95,500 $276,500
2018 $4,191 $326,000 $83,700 $242,300
2016 $4,008 $326,000 $83,700 $242,300
2015 $3,598 $299,000 $76,800 $222,200
2014 $3,640 $299,000 $76,800 $222,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20137415

California Regional Multiple Listing Service (CRMLS)

APN: 7278-030-029

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