$938,888
$20K PRICE DROP

Estimated payment $6,522/month

Total Views 3,996
2 Beds
2 Baths
1,091 Sq Ft
$861 Price per Sq Ft

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Clubhouse
  • Long Beach Polytechnic High School Rated A
  • 1.19 Acre Lot
  • Outdoor Cooking Area

About This Home

PRICE IMPROVEMENT! Over $8200 Tax Savings!! This Historic Exquisite & Stunning Penthouse-level 2 bed, 2 bath property offers nearly 12-foot ceilings and Sweeping Ocean Views. Once two units, now combined. Currently used as a One Bedroom and Den has been upgraded with Brazilian Mahogany wood floors and well-appointed lighting and ambiance, newer upscale cabinets, stainless steel appliances and granite counters. The stunning top of the world ocean views can be seen from every room. The primary bedroom can be separated to create an efficiency unit and has been used in the past as its own suite and can be leased. This space features a Murphy bed, built-in breakfast bar, kitchen, walk-in closet, and charming deco sink. The iconic Villa Riviera is recognized for its Neo-Gothic design, green copper roof surrounded by Gargoyles, and has received numerous preservation awards. HOA fees cover ALL utilities: Gas, Electric, Hot Water, Water, Heat, cable TV, and internet. The Mills Act benefits from low property taxes (currently assigned at approx. $3700/year- nearly $8200 per year savings- transferred to the new owner the day you close escrow.). Enjoy proximity to East Village, Shoreline Village, Downtown, and a 7-mile bike path. Please ask about the Mills Act Savings, The Parking arrangements through the HOA or other details about this amazing property.

Listing Agent

Susan Boyle

Reel Properties Brokerage Phone: 562-715-3905 License #01056722 Listed on: 07/17/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1928

HOA Fees

  • $1,337 Monthly HOA Fees

Property Views

  • Panoramic

Home Design

  • Entry on the 15th floor

Interior Spaces

  • 1,091 Sq Ft Home
  • 1-Story Property
  • French Mullion Window
  • Living Room
  • Den

Bedrooms and Bathrooms

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

Parking

  • Parking Available
  • Auto Driveway Gate
  • Assigned Parking
  • Community Parking Structure

Utilities

  • Central Heating
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block B-1 / 1
  • Tax Tract Number 5
  • Assessor Parcel Number 7265004132
  • $243 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 134 Units
  • Villa Riviera Association, Phone Number (562) 437-6703
  • Action HOA
  • Villa Riviera Subdivision
  • Maintained Community

Amenities

  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,832

Year Built

Built in 1928

Lot Details

0

HOA Fees

$1,337 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All Appliances - Some furnishings may stay
  • Property Attached: Yes
  • Subdivision Name Other: Villa Riviera (VLR)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004132
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1091.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 15
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 860.58
  • Room Type: All Bedrooms Down, Den, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite
  • Window Features: French/Mullioned

Exterior Features

  • View: Catalina, Ocean, Panoramic, Water
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Community Structure

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Clubhouse, Meeting Room, Storage, Cable TV, Electricity, Gas, Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pet Rules, Pets Permitted, Management, Security, Controlled Access, Hot Water
  • Association Fee: 1337.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Riviera
  • Phone: 562-437-6703
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
  • Association Management: Action

Lot Info

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

Multi Family

  • Lease Considered: No
  • Lot Size Area: 51693.0000 Square Feet
  • Number Of Units In Community: 134
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5766.01
  • Tax Lot: B-1
  • Tax Tract Number: 5-550
  • TaxOtherAnnualAssessmentAmount: 243.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,832 $278,000 $205,720 $72,280
2024 $2,832 $208,000 $150,000 $58,000
2023 $3,640 $273,000 $200,000 $73,000
2022 $3,267 $255,000 $155,000 $100,000
2021 $3,257 $255,000 $155,000 $100,000
2019 $2,600 $197,000 $100,000 $97,000
2018 $2,403 $181,800 $100,000 $81,800
2016 $2,273 $172,700 $100,000 $72,700
2015 $2,096 $169,800 $80,000 $89,800
2014 $1,981 $151,700 $80,000 $71,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Price Changed $938,888 -1.0% $861 / Sq Ft
10/31/2025 10/31/25 For Sale $948,000 0.0% $869 / Sq Ft
10/29/2025 10/29/25 Off Market $948,000 -- --
09/05/2025 09/05/25 Price Changed $948,000 -1.1% $869 / Sq Ft
07/17/2025 07/17/25 For Sale $959,000 +41.0% $879 / Sq Ft
04/07/2017 04/07/17 Sold $680,000 -2.5% $623 / Sq Ft View Prior Sale
01/18/2017 01/18/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $697,500 +9.8% $639 / Sq Ft
07/28/2015 07/28/15 Sold $635,000 -0.8% $582 / Sq Ft View Prior Sale
04/22/2015 04/22/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $639,900 -- $587 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $680,000 Ortc
Grant Deed $635,000 Ortc
Interfamily Deed Transfer -- None Available
Corporate Deed $602,000 First American Title Ins Co
Grant Deed $602,000 First American Title Ins Co
Grant Deed $460,000 California Counties Title Co
Grant Deed $157,000 First Southwestern Title Co
Trustee Deed $160,587 Fidelity National Title Ins
Quit Claim Deed -- Provident Title
Quit Claim Deed -- Provident Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $571,500 New Conventional
Previous Owner $481,600 Purchase Money Mortgage
Previous Owner $60,200 Credit Line Revolving
Previous Owner $322,700 Purchase Money Mortgage
Previous Owner $141,300 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25147328

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-132