NOT LISTED FOR SALE

Estimated Value: $511,000 - $621,000

2 Beds
2 Baths
794 Sq Ft
$250/mo HOA Fee

Last Sold May 17, 2023

Last sale price $525,000 $661 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,674/month

3 Days on Market

Highlights

  • No Units Above
  • Gated Parking
  • 0.17 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • 5-minute walk to Miracle On Fourth Street Park

About This Home

As of May 2023

Immerse yourself in a Mediterranean-Isle haven in the heart of N. Alamitos Beach, DTLB, and experience the warm, cozy feeling of sun-filled days year-round. This top floor corner unit offers the perfect combination of beachside living and urban sophistication, making you feel right at home. As you step inside this impeccably remodeled condo, you'll notice the open floor plan, which invites you to relax and unwind. The kitchen, with its "white marble" quartz countertop, dual-tone Shaker cabinets, and top-line stainless-steel appliances, is perfect for preparing meals while enjoying the company of friends and family. The primary bedroom, complete with an en-suite bath and a private balcony, is a perfect retreat to enjoy some peace and quiet while basking in the ocean breeze. Both bedrooms offer wall-to-wall closets with mirrored doors; and both full-baths have floating-sink vanities, perfect for all your storage needs. With 2 reserved secured parking spaces, small laundry room storage, and shared bike rack, this turnkey unit is ideal for homeowners and investors alike. Within walking distance are shopping, dining, and entertainment options, such as the Art Theater and Retro-Row, you'll never want to leave this perfect oasis. Take a Virtual Tour and enjoy: https://view.3dtours.biz/cp/b458a457/

Last Agent to Sell the Property

David Liang

Two Elements License #01928650 Listed on: 04/12/2023

Last Buyer's Agent

Hilda Putzel

Keller Williams West Ventura County License #01934258

Keller Williams West Ventura County

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking
  • Parking Lot
  • Assigned Parking
  • Community Parking Structure

Property Views

  • City Lights
  • Mountain

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 794 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Pest Guard System
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 66299
  • Assessor Parcel Number 7266017066
  • $220 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 10 Units
  • Pacific Palms At Walnut Association, Phone Number (562) 630-7970
  • York Condo Services HOA
  • Alamitos Beach Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBCCP
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7266017066
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 794.00 Square Feet
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 661.21
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Garage, Gated, Parking Space, Private
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Storage, Insurance, Maintenance Grounds, Sewer, Water, Pet Rules, Pets Permitted, Management, Hot Water
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Pacific Palms at Walnut
  • Phone: (562) 630-7970
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: York Condo Services

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7517.00
  • Lot Size Acres: 0.1726

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 7517.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5765.02
  • Tax Lot: 1
  • Tax Tract Number: 66299
  • TaxOtherAnnualAssessmentAmount: 220.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2023
Closed on
Apr 25, 2023
Sold by
Lowe Thomas Peter
Bought by
Lepe Felipe and Aguilar Jennifer
Seller's Agent
David Liang
Two Elements
Buyer's Agent
Hilda Putzel
Keller Williams West Ventura County
List Price
$518,000
Sold Price
$525,000
Premium/Discount to List
$7,000
1.35%
Views
54
Current Estimated Value
$544,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,176
Avg. Annual Appreciation
1.38%
Original Mortgage
$509,250
Outstanding Balance
$494,248
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$49,928

Purchase Details

Listed on
Jul 13, 2016
Closed on
Oct 20, 2016
Sold by
Olivieri Vincent R
Bought by
Lowe Thomas Peter
Seller's Agent
Deborah Warren
Keller Williams Coastal Prop.
Buyer's Agent
David Liang
Two Elements
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.04%
Original Mortgage
$176,250
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2008
Sold by
Olivieri Sarah Hodges
Bought by
Olivieri Vincent R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2008
Sold by
Pacific Palms Investment Group Llc
Bought by
Olivieri Vincent R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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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
Lepe Felipe $525,000 Wfg National Title
Lowe Thomas Peter $235,000 Chicago Title Company
Olivieri Vincent R -- Lawyers Title
Olivieri Vincent R $247,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lepe Felipe $509,250
Previous Owner Lowe Thomas Peter $176,250
Previous Owner Olivieri Vincent R $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2023 05/17/23 Sold $525,000 +1.4% $661 / Sq Ft
04/15/2023 04/15/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $518,000 +120.4% $652 / Sq Ft
10/26/2016 10/26/16 Sold $235,000 0.0% $296 / Sq Ft View Prior Sale
07/27/2016 07/27/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $235,000 -- $296 / 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 $6,875 $546,210 $260,100 $286,110
2024 $6,875 $535,500 $255,000 $280,500
2023 $3,489 $262,143 $167,326 $94,817
2022 $3,276 $257,004 $164,046 $92,958
2021 $3,209 $251,966 $160,830 $91,136
2019 $3,163 $244,494 $156,060 $88,434
2018 $3,083 $239,700 $153,000 $86,700
2016 $2,337 $194,000 $121,000 $73,000
2015 $2,096 $178,000 $111,000 $67,000
2014 $1,874 $156,000 $97,400 $58,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23058057

California Regional Multiple Listing Service (CRMLS)

APN: 7266-017-066