$394,566 - $569,000
RENTED JAN 2, 2025
1 Bed
1 Bath
580 Sq Ft
1.19 Acres

Last Sold December 06, 2016

Last sale price $305,000 $526 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,545/month

Highlights

  • City Lights View
  • 1.19 Acre Lot
  • Bike Trail
  • Long Beach Polytechnic High School Rated A
  • Laundry Room

About This Home

As of January 2025

Welcome to the Iconic and Historic Villa Riviera. Housed in an elegant, 1920’s era building. The Villa Riviera offers a combination of French architectural charm and urban flair in the heart of Downtown Long Beach just steps away from the sandy shores of the Pacific Ocean.
As you enter the double doors leading to the bedroom you will be captivated by the amazing city lights view and a separate spacious organized walk-in closet but, it doesn’t stop there... The bay windows in the living room overlook the same spectacular city lights view and in the evenings the view is breathtaking. And if you like to work from home there is a nicely sized office area. The bathroom is tastefully decorated with a custom vanity cabinet, a Calcutta marble countertop, natural marble hand carved vessel sink with a waterfall bathroom faucet, decorative tile flooring, white cast iron tub with a fixed frameless glass shower panel and white sublime tile from top to bottom. The kitchen has granite counters with a decorative backsplash, stainless steel appliances, stainless-steel sink with a filtered alkaline drinking water system, plenty of cabinet storage and an eating area. Additional amenities offered at the Villa Riviera is the community laundry area, the roof deck with outdoor BBQ’s and lounging areas overlooking the Pacific Ocean, San Pedro and the incredible view of the Queen Mary, the elegante ballroom, the meeting room, the beautiful guest lobby and on-site security. All utilities are included. The Aquarium of the Pacific, Downtown Long Beach Farmers Market, The Pike and Shoreline Village are just a few attractions that are minutes away. Plus, don’t forget to enjoy the 6- mile bike and walking path alongside the beach. This place you can call home offers comfort, luxury and modern convenience.

Last Agent to Rent the Property

Regina Guevara

Omnigold Realty Brokerage Phone: 562-964-0107 License #01148607 Listed on: 06/06/2024

Last Renter's Agent

Steven Small

Ryse Real Estate Group License #02014150

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,162

Year Built

  • Built in 1928

Lot Details

  • 1.19

Home Design

  • Entry on the 12th floor

Interior Spaces

  • 580 Sq Ft Home
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • 1 Common Wall
  • Septic Type Unknown

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes all utilities, cable TV, electricity, gas, trash collection, water
  • Available 6/10/24
  • Legal Lot and Block 1 / 1
  • Tax Tract Number 576
  • Assessor Parcel Number 7265004146

Community Details

Overview

  • Property has a Home Owners Association
  • $500 HOA Transfer Fee
  • 134 Units
  • Villa Riviera Subdivision
  • 16-Story Property

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,162

Year Built

Built in 1928

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-06-10
  • Credit Check Paid By: Tenant
  • Deposit Key: 35
  • Deposit Other: 50
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Transfer Fees: 500.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Subdivision Name Other: Villa Riviera (VLR)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7265004146
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 580.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 16
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 12
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 4.66
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 51693.00
  • Lot Size Acres: 1.1867

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 51693.0000 Square Feet
  • Number Of Units In Community: 134
  • Number Of Units Total: 136
  • Rent Includes: All Utilities, Cable TV, Electricity, Gas, Trash Collection, Water

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 576...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jan 11, 2017
Sold by
Joshua Damone
Bought by
Joshua Damone and Ramirez Claudia Angelica
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Karen Anderson
Keller Williams LA Harbor
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%
Current Estimated Value
$451,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,892
Avg. Annual Appreciation
4.52%

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 10, 2016
Sold by
Ramirez Claudia A
Bought by
Joshua Damone
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Karen Anderson
Keller Williams LA Harbor
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Outstanding Balance
$233,350
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$218,542

Purchase Details

Listed on
Oct 10, 2016
Closed on
Oct 25, 2016
Sold by
Harutunian Henric
Bought by
Joshua Damone
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Karen Anderson
Keller Williams LA Harbor
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Outstanding Balance
$233,350
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$218,542

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 24, 2015
Sold by
Riedel Michelle
Bought by
Harutunian Henric and Harutunian Suzanne
Seller's Agent
Jerry and Elena LeGris
Legris Team Real Estate
Buyer's Agent
Susan Boyle
Reel Properties
List Price
$279,900
Sold Price
$271,000
Premium/Discount to List
-$8,900
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Wells Fargo Bank Na
Bought by
Riedel Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,744
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2011
Sold by
Khalvati Reza
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Jan 30, 2001
Sold by
Shapiro Leon and Shapiro Faye Shirley
Bought by
Khalvati Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
10.99%
Source: Public Records

Range of Values:

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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
Joshua Damone -- Accommodation
Joshua Damone -- Ortc
Joshua Damone $305,000 Ortc
Harutunian Henric $271,000 Orange Coast Title Company
Riedel Michelle $164,000 Landsafe Title
Wells Fargo Bank N A $180,000 Accommodation
Khalvati Reza $106,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshua Damone $289,750
Previous Owner Riedel Michelle $159,744
Previous Owner Khalvati Reza $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/02/2025 01/02/25 Rented $2,700 +5.9% --
12/30/2024 12/30/24 Under Contract -- -- --
09/17/2024 09/17/24 Price Changed $2,550 -1.9% $4 / Sq Ft
06/06/2024 06/06/24 For Rent $2,600 +44.8% --
08/20/2020 08/20/20 Rented $1,795 0.0% --
07/28/2020 07/28/20 Under Contract -- -- --
07/06/2020 07/06/20 Price Changed $1,795 -10.0% $3 / Sq Ft
05/29/2020 05/29/20 Price Changed $1,995 -9.3% $3 / Sq Ft
04/30/2020 04/30/20 For Rent $2,200 0.0% --
12/06/2016 12/06/16 Sold $305,000 -3.2% $526 / Sq Ft View Prior Sale
10/21/2016 10/21/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $315,000 +16.2% $543 / Sq Ft
06/01/2015 06/01/15 Sold $271,000 -3.2% $467 / Sq Ft View Prior Sale
04/21/2015 04/21/15 Pending -- -- --
03/27/2015 03/27/15 For Sale $279,900 -- $483 / 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 $2,162 $162,000 $106,920 $55,080
2024 $2,162 $164,000 $100,000 $64,000
2023 $2,062 $156,000 $100,000 $56,000
2022 $2,722 $219,000 $150,000 $69,000
2021 $2,715 $219,000 $150,000 $69,000
2019 $1,372 $105,000 $70,000 $35,000
2018 $3,852 $311,100 $204,000 $107,100
2016 $3,349 $275,132 $101,525 $173,607
2015 $2,015 $171,395 $67,931 $103,464
2014 -- $168,039 $66,601 $101,438
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24113545

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-146