NOT LISTED FOR SALE

Estimated Value: $547,137 - $590,000

1 Bed
1 Bath
864 Sq Ft
51,684 Sq Ft Lot

Sale Details

Date Sold: June 3, 2021

Last sale price $540,000 $625 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,966 / mo

19 Days on Market

Highlights

  • Marina View
  • 1.19 Acre Lot
  • Banquet Facilities
  • Long Beach Polytechnic High School Rated A
  • High Ceiling
  • Community Fire Pit

About This Home

As of June 2021

Welcome to the iconic Historic Villa Riviera. This corner unit has unsurpassed VIEWS from Downtown LA to Downtown Long Beach & water/marina area views. Step inside the charming 1 bedroom 1 bath unit updated & move in ready. Hardwood floors main living, hall & entry. Stylish black & white ceramic in kitchen & dining area. Some appliances are new including new kitchen counters. Built in book cases add room for all your objects d'art, books and entertainment screen included Plaster walls w/ high cove ceilings. Bay windows. Views from every room. The bathroom original touches, including Sloan toilet & pedestal sink. The Villa Riviera is an award wining landmark built in 1928 and enjoys the status of being on the National Register of Historic Places as well as other accolades The building sits on the edge of the waterfront & has direct beach access. Conveniently walk-able to many shops, restaurants, entertainment such as theater live & film, Aquarium of the Pacific, or even a stroll or bike ride on the right out your door 7 mile bike path.(walk score 91). A great lifestyle awaits! The building hosts a ballroom, bike storage, roof deck recreation of BBQ, Fire Pit, Gazebo & games. There is a Ballroom for events w/ a kitchen for food prep or catering. An affordable guest suite for company. The HOA Fees include all the utilities including gas, electric, water/hot water, heat, Cable TV and Internet. Ask about the Mills Act for incredible tax savings when you own in the Villa Riviera

Last Agent to Sell the Property

Susan Boyle

Reel Properties License #01056722 Listed on: 04/09/2021

Last Buyer's Agent

Jordan Fisher

Jordan Fisher, Broker License #01474523

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • 1.19

HOA Fees

  • $705 Monthly HOA Fees

Property Views

  • Marina
  • City Lights

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 864 Sq Ft Home
  • High Ceiling
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Schools

  • Long Beach High School

Utilities

  • Central Heating
  • Hot Water Heating System
  • Sewer on Bond
  • Cable TV Available

Additional Features

  • Rain Gutters
  • 1 Common Wall
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 1774
  • Assessor Parcel Number 7265004076

Community Details

Overview

  • 134 Units
  • Villa Riviera HOA, Phone Number (562) 437-6703
  • First Residential HOA
  • Villa Riviera Subdivision
  • Maintained Community

Amenities

  • Community Fire Pit
  • Community Barbecue Grill
  • Banquet Facilities
  • Meeting Room
  • Laundry Facilities

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

1.19 Acres

HOA Fees

$705 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: All Appliances and TV in living area
  • Property Attached: Yes
  • Subdivision Name Other: Villa Riviera (VLR)
  • View: Yes
  • Zoning: LBPD5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004076
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 864.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, High Ceilings
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 625.00
  • Room Type: Walk-In Closet
  • Bathroom Features: Bathtub, Shower

Exterior Features

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer, Sewer On Bond
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Banquet Facilities, Meeting Room, Cable TV, Electricity, Gas, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pet Rules, Pets Permitted, Call for Rules, Management, Security, Hot Water
  • Association Fee: 705.00
  • Association Fee Frequency: Monthly
  • Association Name: Villa Riviera HOA
  • Phone: 562-437-6703
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Sidewalks, Urban
  • Association Management: First Residential

Schools

  • High School: Long Beach
  • High School2: LONBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 51682.00
  • Lot Size Acres: 1.1865

Multi Family

  • Lease Considered: No
  • Lot Size Area: 51682.0000 Square Feet
  • Number Of Units In Community: 134
  • Number Of Units Total: 134

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 1774

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2007
Sold by
Demcnease Paola Urquijo
Bought by
Mcnease Colin P
Current Estimated Value
$563,440

Purchase Details

Closed on
Jan 23, 2003
Sold by
Jones Kenneth C
Bought by
Mcnease Colin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Outstanding Balance
$95,204
Interest Rate
5.89%
Estimated Equity
$470,080

Purchase Details

Closed on
Jul 14, 1994
Sold by
Zagorski Mark and Zagorski Maria Elena
Bought by
Jones Kenneth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,200
Interest Rate
8.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcnease Colin P -- None Available
Mcnease Colin P $265,000 Commonwealth Land Title Co
Jones Kenneth C $91,500 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcnease Colin P $238,500
Previous Owner Jones Kenneth C $73,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $540,000 -2.7% $625 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $555,000 -- $642 / 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 $3,035 $222,000 $152,000 $70,000
2024 $2,829 $212,000 $150,000 $62,000
2023 $2,826 $212,000 $150,000 $62,000
2022 $2,299 $178,000 $120,000 $58,000
2021 $2,287 $178,000 $120,000 $58,000
2020 $2,038 $156,000 $100,000 $56,000
2019 $1,957 $148,400 $100,000 $48,400
2018 $2,163 $166,500 $80,000 $86,500
2016 $1,828 $146,200 $80,000 $66,200
2015 $1,684 $137,500 $70,000 $67,500
2014 $1,651 $126,500 $70,000 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21075081

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-076

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