NOT LISTED FOR SALE

Estimated Value: $324,000 - $419,000

1 Bed
1 Bath
760 Sq Ft
$272/mo HOA Fee

Last Sold September 01, 2021

Last sale price $320,000 $421 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,624/month

71 Days on Market

Highlights

  • 0.17 Acre Lot
  • Laundry Room
  • Zoned Cooling
  • Long Beach Polytechnic High School Rated A

About This Home

As of September 2021

Excellent opportunity to invest in the East Village Arts District in Long Beach. This 1bed/1bath unit has been taken down to the studs and completely renovated with all new plumbing, electrical, ductless AC, and finishes. The property is currently used as a furnished rental and all furniture will be included with the sale. This location offers easy access to the beach, the convention center, the metro, and the shopping and entertainment in Downtown Long Beach. Don't let this opportunity pass you by! Check out the virtual tour!

Last Agent to Sell the Property

Cody Charnell

Sage Real Estate Group, Inc. License #01950585 Listed on: 05/17/2021

Last Buyer's Agent

Kevin Freeman

Re/Max College Park Realty License #01803875

Re/Max College Park Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • 7,514

HOA Fees

  • $272 Monthly HOA Fees

Home Design

  • 760 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • Two or More Common Walls
  • Urban Location
  • Zoned Cooling

Listing and Financial Details

  • Legal Lot and Block 21 / 74
  • Tax Tract Number 5762
  • Assessor Parcel Number 7281012115

Community Details

Overview

  • 20 Units
  • Downtown Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

0

HOA Fees

$272 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Downtown (DT)
  • View: No
  • Zoning: LBPD30
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7281012115
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 760.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 421.05
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 272.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7513.00
  • Lot Size Acres: 0.1725

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7513.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Block: 74
  • Tax Census Tract: 5762.00
  • Tax Lot: 21
  • Tax Tract Number: 5762

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2019
Sold by
K & J Apartments Llc
Bought by
K & J Apartivients Llc
Current Estimated Value
$374,911

Purchase Details

Listed on
May 14, 2018
Closed on
Jun 21, 2018
Sold by
Bennett Liia and Erkki Nieminen Family Living T
Bought by
Najah Jamshid and Sanaiha Kayvan
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
Cody Charnell
List Price
$199,000
Sold Price
$208,000
Premium/Discount to List
$9,000
4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Nieminen Erkki K and Nieminen Erkki
Bought by
Nieminen Erkki and Erkki Nieminen Family Living T

Purchase Details

Closed on
May 4, 2005
Sold by
Ridgeway Terry and Starr Penelope R
Bought by
Schonert Loren K and Attema Schonert Janine A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
K & J Apartivients Llc -- Stewart Title
Najah Jamshid $208,000 Stewart Title
Nieminen Erkki -- None Available
Schonert Loren K $99,500 Ticor Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/01/2021 09/01/21 Sold $320,000 0.0% $421 / Sq Ft
06/23/2021 06/23/21 Price Changed $320,000 -4.5% $421 / Sq Ft
05/17/2021 05/17/21 For Sale $335,000 +61.1% $441 / Sq Ft
06/22/2018 06/22/18 Sold $208,000 +4.5% $274 / Sq Ft View Prior Sale
05/14/2018 05/14/18 For Sale $199,000 -- $262 / 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 $4,660 $339,586 $159,181 $180,405
2024 $4,457 $332,928 $156,060 $176,868
2023 $4,378 $326,400 $153,000 $173,400
2022 $4,111 $320,000 $150,000 $170,000
2021 $2,827 $214,357 $103,056 $111,301
2020 $2,869 $216,403 $93,636 $122,767
2019 $2,833 $212,160 $91,800 $120,360
2018 $927 $55,476 $12,758 $42,718
2016 $850 $53,323 $12,263 $41,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21105102

California Regional Multiple Listing Service (CRMLS)

APN: 7281-012-115