NOT LISTED FOR SALE

707 E Ocean Blvd Unit 1004 Long Beach, CA 90802

East Village Neighborhood

Estimated Value: $192,117,408

1 Bed
1 Bath
869 Sq Ft
1.11 Acres

Highlights

  • City Lights View
  • 48,504 Sq Ft lot
  • No HOA
  • Long Beach Polytechnic High School Rated A
  • Property is near public transit
  • Community Pool

About This Home

As of June 2018

Just Steps Away From Cool Ocean Breezes and Warm Sandy Beaches, The Current Embodies Modern Luxury in a Dynamic Downtown Long Beach Location. Reside in Long Beach's Newest High-Rise and Embrace a Sustainable Lifestyle Surrounded by Flawless Amenities, Breathtaking Seascapes and Endless Opportunities for Urban Adventure. Large Balcony, City View. Enjoy Resort Living Community Amenities Include Skyline Terrace - Overlook the City Lights while you Relax and Take in the Incredible Atmosphere of Long Beach at Dusk.

Last Agent to Rent the Property

Mike Dunfee

Engel & Völkers Long Beach License #01191497 Listed on: 04/20/2018

Engel & Völkers Long Beach

Last Renter's Agent

Out of Area Out of Area

Out of Area

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,848,631

Year Built

  • Built in 2016

Lot Details

  • 1.11

Parking

  • 1 Car Garage
  • Carport
  • Parking Available
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 869 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Two or More Common Walls
  • Property is near public transit
  • Central Air

Listing and Financial Details

  • Security Deposit $750
  • 12-Month Minimum Lease Term
  • Available 4/20/18
  • Tax Lot 1
  • Tax Tract Number 11933
  • Assessor Parcel Number 7281023095

Community Details

Overview

  • No Home Owners Association
  • 223 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,848,631

Year Built

Built in 2016

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2018-04-20
  • Credit Check Paid By: Tenant
  • Deposit Security: 750
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: Yes
  • Zoning: LBPD30
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7281023095
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 869.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.01
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 48504.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Number Of Units In Community: 223
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5760.01
  • Tax Lot: 1
  • Tax Tract Number: 11933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
707 East Ocean Boulevard Llc
Bought by
707 East Ocean Boulevard Lp
Current Estimated Value
$192,117,408

Purchase Details

Closed on
Apr 27, 2021
Sold by
707 East Ocean Boulevard Llc
Bought by
707 East Ocean Boulevard Lp

Purchase Details

Closed on
Mar 27, 2019
Sold by
Studio Management Services Inc
Bought by
707 East Ocean Boulevard Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2018
Sold by
Current Living Lp
Bought by
Studio Management Services Inc

Purchase Details

Closed on
Feb 26, 2018
Sold by
City Of Long Beach
Bought by
Current Living Lp

Purchase Details

Closed on
Feb 21, 2018
Sold by
City Of Long Beach
Bought by
Current Living Lp

Purchase Details

Closed on
Jul 3, 2017
Sold by
Current Living Lp
Bought by
Studio Management Services Inc

Purchase Details

Closed on
Jul 22, 2014
Sold by
Shoreline Development Partners Lp
Bought by
Current Living Lp

Purchase Details

Closed on
Oct 24, 2013
Sold by
Shoreline Gateway Llc
Bought by
Shoreline Development Partners Lp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
707 East Ocean Boulevard Lp -- First American Title Company O
707 East Ocean Boulevard Lp -- First American Title Company O
707 East Ocean Boulevard Lp -- First American Title Company O
707 East Ocean Boulevard Lp -- First American Title Company O
707 East Ocean Boulevard Lp -- First American Title Company O
707 East Ocean Boulevard Lp -- First American Title Company O
707 East Ocean Boulevard Lp -- First Amer Ttl Co Homebuilde
707 East Ocean Boulevard Lp -- First Amer Ttl Co Homebuilde
707 East Ocean Boulevard Lp -- First Amer Ttl Co Homebuilde
707 East Ocean Boulevard Lp -- First Amer Ttl Co Homebuilde
707 East Ocean Boulevard Lp -- First Amer Ttl Co Homebuilde
707 East Ocean Boulevard Lp -- First Amer Ttl Co Homebuilde
707 East Ocean Boulevard Llc -- First American Title Company
707 East Ocean Boulevard Llc -- First American Title Company
707 East Ocean Boulevard Llc -- First American Title Company
707 East Ocean Boulevard Llc -- First American Title Company
707 East Ocean Boulevard Llc -- First American Title Company
707 East Ocean Boulevard Llc -- First American Title Company
Studio Management Services Inc -- None Available
Studio Management Services Inc -- None Available
Studio Management Services Inc -- None Available
Studio Management Services Inc -- None Available
Studio Management Services Inc -- None Available
Studio Management Services Inc -- None Available
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Current Living Lp -- Accommodation
Studio Management Services Inc $132,850,000 First American Title Co
Studio Management Services Inc $132,850,000 First American Title Co
Studio Management Services Inc $132,850,000 First American Title Co
Studio Management Services Inc $132,850,000 First American Title Co
Studio Management Services Inc $132,850,000 First American Title Co
Studio Management Services Inc $132,850,000 First American Title Co
Current Living Lp $3,991,539 First American Title Company
Current Living Lp $3,991,539 First American Title Company
Current Living Lp $3,991,539 First American Title Company
Current Living Lp $3,991,539 First American Title Company
Current Living Lp $3,991,539 First American Title Company
Current Living Lp $3,991,539 First American Title Company
Shoreline Development Partners Lp $4,000,040 First American Title Company
Shoreline Development Partners Lp $4,000,040 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 707 East Ocean Boulevard Llc $55,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2018 06/25/18 Rented $2,620 0.0% --
05/22/2018 05/22/18 Price Changed $2,620 -0.2% $3 / Sq Ft
04/20/2018 04/20/18 For Rent $2,625 -- --
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 $1,848,631 $145,983,514 $28,673,299 $117,310,215
2024 $1,848,631 $143,121,093 $28,111,078 $115,010,015
2023 $1,817,428 $140,314,798 $27,559,881 $112,754,917
2022 $1,704,580 $137,563,529 $27,019,492 $110,544,037
2021 $1,663,707 $134,866,206 $26,489,699 $108,376,507
2020 $1,659,847 $134,003,601 $26,218,080 $107,785,521
2019 $1,626,102 $134,514,540 $25,704,000 $108,810,540
2018 $1,473,343 $118,607,482 $21,970,334 $96,637,148
2017 $955,492 $74,477,544 $21,539,544 $52,938,000
2016 $875,897 $73,017,200 $21,117,200 $51,900,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18091768

California Regional Multiple Listing Service (CRMLS)

APN: 7281-023-096