NOT LISTED FOR SALE

Estimated Value: $524,000 - $544,598

1 Bed
1 Bath
864 Sq Ft
$580/mo HOA Fee

Last Sold November 19, 2013

Last sale price $330,000 $382 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,583/month

87 Days on Market

Highlights

  • Beach Access
  • Marina View
  • 1.19 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • All Bedrooms Downstairs
  • Galley Kitchen

About This Home

As of November 2013

The Historic Villa Riviera offers gorgeous restored one bedroom corner unit with the most incredible city views of Downtown Long Beach to the sign on Hollywood Hills to a glimpse of the Marina. Restored to perfection with respect to the original features which include hardwood floors, deco tile bath, coved ceiling, plaster walls, exposed Mahogany windows and doors. the open-ended galley kitchen offers Carrara Marble, stainless steel dish washer, refrigerator, microwave and oven stove with gas cook-top. Plenty of closets and wonderful cross views and breezes. The HOA fee includes all the utilities including gas, electrical, water, hot water, heat, cable TV and yes internet. Plus this unit is on the benefit of The Mills Act which saves the new owner tremendous savings in property taxes which is transferable in a sale. The Villa Riviera is on The National Register of Historic Places and is considered one of the City of LB most distinctive Landmarks. Built in 1928 and sold originally as Stock-Co-Op and is now organized legally as a condominium.

Last Agent to Sell the Property

Susan Boyle

Reel Properties License #01056722 Listed on: 07/29/2013

Last Buyer's Agent

Susan Boyle

Reel Properties License #01056722 Listed on: 07/29/2013

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • 1.19

HOA Fees

  • $580 Monthly HOA Fees

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 864 Sq Ft Home
  • Entryway
  • Galley Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Beach Access
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 0077
  • Tax Tract Number 7
  • Assessor Parcel Number 7265004096

Community Details

Overview

  • 134 Units
  • 15-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Stove, Refrigerator, Free Standing Euro type AC
  • Property Attached: Yes
  • Subdivision Name Other: Villa Riviera (VLR)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004096
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 864.00
  • Stories: 15
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Price Per Square Foot: 381.94
  • Room Type: All Bedrooms Down, Entry, Galley Kitchen

Exterior Features

  • View: City Lights, Harbor, Hills, Marina
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 580.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 51693.00
  • Lot Size Acres: 1.1870

Multi Family

  • Lease Considered: No
  • Lot Size Area: 51693.0000 Square Feet
  • Number Of Units In Community: 134
  • Number Of Units Total: 134
  • Waterfront Features: Beach Access

Tax Info

  • Tax Lot: 0077
  • Tax Tract Number: 007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2015
Sold by
Narong David Kongpiwatana
Bought by
Narong David Kongpiwatana and The David Kongpiwatana Narong Revocable
Current Estimated Value
$535,400

Purchase Details

Listed on
Jul 29, 2013
Closed on
Oct 2, 2013
Sold by
Joez Stephen Martin
Bought by
Narong David Kongpiwatana
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Susan Boyle
Reel Properties
List Price
$344,900
Sold Price
$330,000
Premium/Discount to List
-$14,900
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
May 7, 2012
Sold by
Moss Jessica and Jocz Stephen
Bought by
Jocz Stephen Martin and Moss Jessica Te

Purchase Details

Closed on
Dec 23, 2010
Sold by
Moss Jessica
Bought by
Moss Jessica and Jocz Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,800
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 1993
Sold by
Glendale Federal Bank
Bought by
James Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,150
Interest Rate
6.94%
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
Narong David Kongpiwatana -- None Available
Narong David Kongpiwatana $330,000 --
Jocz Stephen Martin -- None Available
Moss Jessica -- Lsi
James Stephen E $113,500 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moss Jessica $132,800
Previous Owner James Stephen E $102,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2013 11/19/13 Sold $330,000 -4.3% $382 / Sq Ft
07/29/2013 07/29/13 For Sale $344,900 -- $399 / 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 $2,766 $220,000 $99,000 $121,000
2024 $2,766 $211,000 $100,000 $111,000
2023 $2,927 $224,000 $100,000 $124,000
2022 $2,348 $186,000 $100,000 $86,000
2021 $2,339 $186,000 $100,000 $86,000
2019 $2,087 $155,700 $100,000 $55,700
2018 $2,144 $161,400 $80,000 $81,400
2016 $1,828 $142,700 $80,000 $62,700
2015 $1,736 $138,700 $70,000 $68,700
2014 $1,707 $136,700 $70,000 $66,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13150846

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-096