NOT LISTED FOR SALE

Estimated Value: $529,777 - $596,000

1 Bed
1 Bath
845 Sq Ft
$875/mo HOA Fee

Last Sold April 09, 2024

Last sale price $550,000 $651 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,998/month

41 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • Fishing
  • Long Beach Polytechnic High School Rated A
  • Property has ocean access
  • 1.19 Acre Lot

About This Home

As of April 2024

Historic 1928 French Gothic Chateau condo building, ‘Villa Riviera”, perched above the blue Pacific Ocean and wide sandy beach. High walkability from miles of waterfront strolls on the beach or along the bike and walking path. Close to chic restaurants, grocery store, shopping, banks, medical, Shoreline Village, Aquarium, The Pike, Queen Mary and much more. This one bedroom condo offers one of the best and widest ocean views of all the standard one bedroom units in the building. Bathed in natural sunlight, enjoy the open kitchen with granite counters that flow into the living room and the special hidden closet that offers extra creativity and storage. Good storage, wine cooler and commercial stainless steel gas stove and oven. Enjoy sipping you coffee while you take in the fabulous views from the kitchen nook, living room or bedroom…even the bathroom has a great view. Make this your home or beach retreat. Enjoy the common area which includes a huge sundeck with propane bar-b-ques, tables, shuffle board, corn hole game and wide ocean views, plus a propane fire pit for evening visits. The ballroom is usually open during the day and available per reservation for your private parties for a small fee via the HOA(for use of building occupants). There is a bike/package room for deliveries of other than regular mail with package lockers. HOA fees include All Utilities: Spectrum high speed internet and their basic cable TV, gas, electric, water, hot water, heat, trash pick up on each floor, plus property maintenance, building exterior, roof, landscaping and Management company. Parking onsite is on a waiting list with many options nearby. Come and enjoy the beach lifestyle, cool ocean breezes and spectacular views. Hot water circulates through the building for very quick hot water and heating of the building and each unit. This property is approved under the Mills Act for historical buildings and has big tax savings, usually in the 40% to 60% range, buyer to verify as each unit varies.

Last Agent to Sell the Property

Jerry and Elena LeGris

Legris Team Real Estate Brokerage Phone: 949-510-2370 License #00885785 Listed on: 01/30/2024

Last Buyer's Agent

Jerry and Elena LeGris

Legris Team Real Estate Brokerage Phone: 949-510-2370 License #00885785 Listed on: 01/30/2024

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • Beach Front
  • Two or More Common Walls
  • Wrought Iron Fence
  • Block Wall Fence

HOA Fees

  • $875 Monthly HOA Fees

Property Views

  • Panoramic

Home Design

  • French Architecture
  • Entry on the 1st floor
  • Copper Roof

Interior Spaces

  • 845 Sq Ft Home
  • French Mullion Window
  • Family Room Off Kitchen
  • Living Room
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • Controlled Entrance

Outdoor Features

  • Property has ocean access
  • Patio
  • Exterior Lighting

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 576601
  • Assessor Parcel Number 7265004029

Community Details

Overview

  • 134 Units
  • Villa Riviera Condo Assoc Association, Phone Number (949) 716-3998
  • Powerstone HOA
  • Alamitos Beach Subdivision
  • 16-Story Property

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

1.19 Acres

HOA Fees

$875 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD5
  • Architectural Style: French
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004029
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 845.00 Square Feet
  • Stories: 16
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Family Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 650.89
  • Room Type: Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: French/Mullioned
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Catalina, Ocean, Panoramic, Water, White Water
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Copper

Garage/Parking

  • Parking: Yes
  • Parking Features: Controlled Entrance

Utilities

  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Cooktop
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue
  • Association Fee: 875.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Riviera Condo Assoc
  • Phone: 949-716-3998
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Fishing, Hiking, Sidewalks, Street Lights, Urban
  • Association Management: Powerstone

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: 134
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 576601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 12, 2024
Sold by
Clemensen David Andrew and Cle Diane
Bought by
Rouben And Zvart Potoukian 2008 Trust and Potoukian
Seller's Agent
Jerry and Elena LeGris
Legris Team Real Estate
Buyer's Agent
Jerry and Elena LeGris
Legris Team Real Estate
List Price
$578,000
Sold Price
$550,000
Premium/Discount to List
-$28,000
-4.84%
Views
210
Current Estimated Value
$560,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,444
Avg. Annual Appreciation
1.02%
Original Mortgage
$412,500
Outstanding Balance
$405,059
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$155,385

Purchase Details

Listed on
Mar 21, 2016
Closed on
Apr 20, 2016
Sold by
Luza Julio H
Bought by
Clemensen David A and Clemensen Diane S
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
George Ferrone
Keller Williams Realty
List Price
$447,500
Sold Price
$433,000
Premium/Discount to List
-$14,500
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.06%
Original Mortgage
$389,700
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 28, 2013
Closed on
Aug 13, 2013
Sold by
Luza Karen
Bought by
Luza Julio H
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Shel-lee Davis
Vista Sotheby's International Realty
List Price
$364,900
Sold Price
$375,100
Premium/Discount to List
$10,200
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.50%
Original Mortgage
$275,100
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Dorsey Dia M
Bought by
Amsberry James and The Amsberry Family Trust

Purchase Details

Closed on
Jul 3, 2003
Sold by
Egan Veda E and The Veda E Egan Family Trust
Bought by
Dorsey Dia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rouben And Zvart Potoukian 2008 Trust $550,000 Orange Coast Title
Clemensen David A $433,000 Ortc
Luza Julio H -- Lawyers Title Company
Amsberry James $575,000 Fidelity National Title Comp
Dorsey Dia M $289,000 Natc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouben And Zvart Potoukian 2008 Trust $412,500
Previous Owner Clemensen David A $389,700
Previous Owner Luza Julio H $275,100
Previous Owner Dorsey Dia M $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2024 04/09/24 Sold $550,000 -4.8% $651 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $578,000 0.0% $684 / Sq Ft
03/01/2023 03/01/23 Rented $2,795 0.0% --
12/23/2022 12/23/22 Price Changed $2,795 -3.5% $3 / Sq Ft
12/03/2022 12/03/22 For Rent $2,895 0.0% --
05/04/2016 05/04/16 Sold $433,000 -3.2% $512 / Sq Ft View Prior Sale
03/28/2016 03/28/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $447,500 +19.3% $530 / Sq Ft
08/31/2013 08/31/13 Sold $375,100 +2.8% $444 / Sq Ft View Prior Sale
07/28/2013 07/28/13 For Sale $364,900 -2.7% $432 / Sq Ft
07/24/2013 07/24/13 Pending -- -- --
07/22/2013 07/22/13 Off Market $375,100 -- --
07/03/2013 07/03/13 For Sale $364,900 -- $432 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,827 $209,000 $95,000 $114,000
2024 $2,827 $209,000 $95,000 $114,000
2023 $2,690 $198,000 $80,000 $118,000
2022 $2,121 $160,000 $80,000 $80,000
2021 $2,111 $160,000 $80,000 $80,000
2020 $1,849 $137,000 $80,000 $57,000
2019 $1,787 $131,000 $80,000 $51,000
2018 $5,635 $450,493 $104,040 $346,453
2016 $4,594 $388,842 $155,330 $233,512
2015 $4,407 $383,002 $152,997 $230,005
2014 $4,374 $375,500 $150,000 $225,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24020799

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-029

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