NOT LISTED FOR SALE

Estimated Value: $517,000 - $580,000

1 Bed
1 Bath
839 Sq Ft
$702/ mo HOA Fee

Last Sold November 24, 2020

Last sale price $535,500 $638 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,919/month

28 Days on Market

Highlights

  • Concierge
  • Beach Front
  • Property has ocean access
  • Long Beach Polytechnic High School Rated A
  • Ocean View
  • Gated with Attendant

About This Home

As of November 2020

Enjoy expansive ocean views from this beach-facing condo in Long Beach’s historic gem, the Villa Riviera. The building’s legacy and old-world craftsmanship are sure to charm you and your guests. But the views of the Pacific Ocean, Catalina Island, endless sail boats and the Queen Mary might just take the cake! High ceilings and an open living room make the home feel larger. Find many of the original touches, including a 1920s/1930s era bathroom with original tile and tub, and hardwood floors in the living room. The bedroom has original parquet flooring hidden beneath carpet. Plenty of storage, large closets and a special “nook” that separates it from the en suite bathroom that could also double as a small office. The walk-in closet connected to the living room serves as home office perfect for work-from-home arrangements. The kitchen upgrades include a newer stainless-steel refrigerator and large microwave/convection oven. Enjoy views of Mt. Baldy and snow-lined mountains and the ocean. See mountains and the ocean simultaneously from the same windows! Community amenities include a beach front patio, barbeque grills, shuffleboard, cabana w/gas fire pit to enjoy on cooler evenings. Direct private access to the beach. Bicycle storage in a special, secure room. This condo is Mills Act approved, which means your property taxes are just a fraction of the normal rate! All utilities are included in the HOA payment: cable, high-speed internet, electric, trash, water and gas.

Last Agent to Sell the Property

Silvia Milligan

First Team Real Estate License #01435228 Listed on: 09/22/2020

First Team Real Estate

Last Buyer's Agent

Kim Valdez

Think Boutiq Real Estate License #02073154

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $702 Monthly HOA Fees

Property Views

  • Panoramic
  • Mountain

Home Design

  • French Architecture
  • Common Roof
  • Copper Roof
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Plaster

Interior Spaces

  • 839 Sq Ft Home
  • High Ceiling
  • French Mullion Window
  • Bay Window
  • Storage
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Parking

  • Circular Driveway
  • Automatic Gate

Outdoor Features

  • Property has ocean access
  • Patio

Location

  • Urban Location

Schools

  • Long Beach Elementary And Middle School
  • Long Beach High School

Utilities

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

Listing and Financial Details

  • Earthquake Insurance Required
  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 7265004081

Community Details

Overview

  • Master Insurance
  • 134 Units
  • Villa Riviera Condominium Assn Association, Phone Number (800) 428-5588
  • Firstservice Residential HOA
  • Villa Riviera Subdivision
  • Maintained Community
  • 15-Story Property

Amenities

  • Concierge
  • Outdoor Cooking Area
  • Community Fire Pit
  • Community Barbecue Grill
  • Meeting Room
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

1.19 Acres

HOA Fees

$702 per month

Listing Details

  • Structure Type: Multi Family
  • Ad Number: 562 394-7181
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Gated with Attendant, Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Gated with Guard, Smoke Detector(s)
  • Subdivision Name Other: Villa Riviera (VLR)
  • View: Yes
  • Zoning: LBPD5
  • Architectural Style: French
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004081
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 839.00 Square Feet
  • Interior Amenities: Elevator, High Ceilings, Storage
  • Stories: 15
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 638.26
  • Room Type: Walk-In Closet
  • Window Features: Bay Window(s), French/Mullioned

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Marina, Mountain(s), Ocean, Panoramic, Water
  • Pool Private: No
  • Roof: Common Roof, Copper
  • Spa: No
  • Construction Materials: Concrete, Plaster, Steel

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Other, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area, Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Fire Pit, Barbecue, Outdoor Cooking Area, Recreation Room, Meeting Room, Storage, Cable TV, Concierge, Earthquake Insurance, Electricity, Gas, Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pet Rules, Pets Permitted, Management, Security, Controlled Access, Hot Water
  • Association Fee: 701.77
  • Association Fee Frequency: Monthly
  • Association Name: Villa Riviera Condominium ASSN
  • Phone: 800 428-5588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: Firstservice Residential

Schools

  • Elementary School: Long Beach
  • High School: Long Beach
  • Middle Or Junior School: Long Beach
  • Elementary School #2: LONBEA
  • 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
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Sea Front

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2020
Closed on
Oct 28, 2020
Sold by
Peters Daniel L
Bought by
Leong Monica and Nguonly Esther
Seller's Agent
Silvia Milligan
First Team Real Estate
Buyer's Agent
Kim Valdez
Think Boutiq Real Estate
List Price
$550,000
Sold Price
$535,500
Premium/Discount to List
-$14,500
-2.64%
Current Estimated Value
$548,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,180
Avg. Annual Appreciation
0.46%
Original Mortgage
$401,625
Outstanding Balance
$357,389
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$191,291

Purchase Details

Listed on
Oct 10, 2016
Closed on
Jan 5, 2017
Sold by
Johnson John M
Bought by
Peters Daniel L
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Jo Ann Van Leuven
Estate Properties
List Price
$455,000
Sold Price
$437,500
Premium/Discount to List
-$17,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$393,300
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Baker James A
Bought by
Johnson John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Busch Robert A
Bought by
Baker James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Leong Monica $535,500 Western Resources Title Co
Peters Daniel L $437,500 Ortc
Johnson John M $390,000 Fidelity National Title Co
Baker James A $245,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leong Monica $401,625
Previous Owner Peters Daniel L $393,300
Previous Owner Johnson John M $312,000
Previous Owner Baker James A $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $535,500 -2.6% $638 / Sq Ft
09/22/2020 09/22/20 For Sale $550,000 +25.7% $656 / Sq Ft
02/22/2017 02/22/17 Sold $437,500 -2.2% $521 / Sq Ft View Prior Sale
12/30/2016 12/30/16 Pending -- -- --
12/15/2016 12/15/16 Price Changed $447,500 -1.6% $533 / Sq Ft
10/10/2016 10/10/16 For Sale $455,000 -- $542 / 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 $3,421 $262,000 $140,000 $122,000
2024 $3,421 $257,000 $180,000 $77,000
2023 $3,424 $257,000 $180,000 $77,000
2022 $2,917 $227,000 $150,000 $77,000
2021 $2,909 $227,000 $150,000 $77,000
2020 $2,065 $155,000 $100,000 $55,000
2019 $1,987 $147,500 $100,000 $47,500
2018 $2,163 $163,100 $80,000 $83,100
2016 $1,776 $145,300 $80,000 $65,300
2015 $1,634 $136,700 $70,000 $66,700
2014 $1,601 $125,700 $70,000 $55,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20197892

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-081

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