$740,009
SOLD JUL 12, 2022
2 Beds
2 Baths
1,168 Sq Ft
$1,299/mo HOA Fee

Recently Sold

$634 Per Sq Ft

7% Below List Price

53 Days on Market

Highlights

  • Ocean Front
  • Automatic Gate
  • Gated Community
  • Long Beach Polytechnic High School Rated A
  • Ocean Side of Highway 1
  • 1.19 Acre Lot

About This Home

As of July 2022

The exclusive historic Villa Riviera is an iconic residential high rise on the water’s edge in the City of Long Beach. This rarely offered 2 Bed, 2 Bath, 1168 Sq ft. double corner unit offers a 180 degree sweeping vista from the San Gabriel and Saddleback Mountains, Downtown LA, Signal Hill, to the blue of the Pacific Ocean. Beautiful original hardwood floors, plaster walls & coved ceilings. Both bathrooms have the original stunning deco tile, pedestal sinks, and Sloan commodes that complete the nostalgic charm. The warm galley kitchen is efficiently designed including hardwood floors, loads of cabinets, and granite counters. The dining nook boasts original built-in cabinets to display your dining china etc. Plenty of closets including two walk-ins and a formal coat closet in the entry. The second bedroom has a separate, numbered entrance and one could have it as a separate unit with little effort.

As a significant benefit, the HOA fees cover literally ALL UTILITIES: gas, electricity, hot water, heat, cable TV, and internet. After basic services typical for associations, the HOA takes care of all the necessities for which one would normally pay separately. The monthly costs of these utilities could be valued at $300-$500 depending on usage, unit size etc.

The community offers a Grand Ballroom with a kitchen for catering, an incredible deck overlooking the ocean, BBQ facilities, and a guest suite for overnight guests (for a small fee). The building sits in the heart of a vibrant downtown, with 7 miles of walking, running and bike path out your door. Many events, shops, theaters and restaurants are all within walking distance: the Aquarium of the Pacific, Terrace Theater / Performing Arts Center, East Village Arts District, etc. The Villa Riviera is a French Chateau style 1928 architecturally award-winning landmark listed on the National Register of Historic Places, featuring a patina copper roof ornamented with distinctive gargoyles. Owners enjoy reduced property taxes under a Mills Act contract with the City. The Villa Riviera has parking, both indoors and outdoors, leased to residents at a monthly fee. Ask agent for details.

Last Agent to Sell the Property

Susan Boyle

Reel Properties License #01056722 Listed on: 04/19/2022

Last Buyer's Agent

Maxwell Thurman

T.N.G. Real Estate Consultants License #02038853

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,095

Year Built

  • Built in 1928

Lot Details

  • Ocean Front
  • 1 Common Wall
  • Security Fence
  • Wrought Iron Fence

HOA Fees

  • $1,299 Monthly HOA Fees

Property Views

  • City Lights
  • Peek-A-Boo
  • Mountain

Home Design

  • French Architecture
  • Pillar, Post or Pier Foundation
  • Copper Roof
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Partial Copper Plumbing

Interior Spaces

  • 1,168 Sq Ft Home
  • Awning
  • French Mullion Window
  • Bay Window
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Gas Oven
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Parking

  • Parking Available
  • Automatic Gate

Outdoor Features

  • Property has ocean access
  • Waterfront with Home Across Road
  • Ocean Side of Highway 1
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 576601
  • Assessor Parcel Number 7265004156
  • $100 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 134 Units
  • Villa Riviera Association, Phone Number (949) 372-4015
  • Powerstone HOA
  • Built by King
  • Alamitos Beach Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Laundry Facilities

Pet Policy

  • No Pets Allowed
  • Pet Restriction

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,095

Year Built

Built in 1928

Lot Details

0

HOA Fees

$1,299 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Stove Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community
  • Subdivision Name Other: Alamitos Beach (AB)
  • View: Yes
  • Zoning: LBPD5
  • Architectural Style: French
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004156
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1168.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Granite Counters
  • Entry Location: 9th Floor
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 633.57
  • Room Type: All Bedrooms Down, Galley Kitchen, Kitchen, Main Floor Bedroom, Walk-In Closet
  • Window Features: Bay Window(s), French/Mullioned
  • Bathroom Features: Shower In Tub

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Exterior Features: Awning(s)
  • View: Catalina, City Lights, Coastline, Mountain(s), Ocean, Peek-A-Boo, Water
  • Fence: Yes
  • Fencing: Security, Wrought Iron
  • Builder Name: King
  • Pool Private: No
  • Roof: Copper
  • Spa: No
  • Construction Materials: Concrete, Steel

Garage/Parking

  • Parking: Yes
  • Parking Features: Gated

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Electric: Standard
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Amenities: Barbecue, Recreation Room, Cable TV, Electricity, Gas, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pet Rules, Pets Not Permitted, Management, Security, Maintenance Front Yard
  • Association Fee: 1298.50
  • Association Fee Frequency: Monthly
  • Association Name: Villa Riviera
  • Phone: 949-372-4015
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights, Urban
  • Association Management: Powerstone

Schools

  • School District: Long Beach Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 51682.00
  • Lot Size Acres: 1.1865
  • Latitude Manual: 33.76610400

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: Ocean Access, Ocean Front, Ocean Side Of Highway 1, Waterfront With Home Across Road

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 576601
  • TaxOtherAnnualAssessmentAmount: 100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jul 8, 2022
Sold by
Ximena Juarez
Bought by
Arellano Gerardo
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Maxwell Thurman
T.N.G. Real Estate Consultants
List Price
$799,000
Sold Price
$740,009
Premium/Discount to List
-$58,991
-7.38%
Current Estimated Value
$713,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,706
Avg. Annual Appreciation
-1.19%
Original Mortgage
$703,009
Outstanding Balance
$669,861
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$43,612

Purchase Details

Listed on
Apr 19, 2022
Closed on
Jun 16, 2022
Sold by
Judson Feder Living Trust
Bought by
Thurman Maxwell and Arellano Gerardo
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Maxwell Thurman
T.N.G. Real Estate Consultants
List Price
$799,000
Sold Price
$740,009
Premium/Discount to List
-$58,991
-7.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$703,009
Outstanding Balance
$669,861
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$43,612

Purchase Details

Closed on
Feb 3, 2021
Sold by
Feder Judson J
Bought by
Feder Judson J and Judson Feder Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Orange Coast Title
Grant Deed $740,500 Orange Coast Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $703,009 New Conventional
Previous Owner $115,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2023 04/19/23 Rented $3,000 0.0% --
04/07/2023 04/07/23 Under Contract -- -- --
03/16/2023 03/16/23 For Rent $3,000 0.0% --
07/12/2022 07/12/22 Sold $740,009 -0.7% $634 / Sq Ft
06/12/2022 06/12/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $745,000 -6.8% $638 / Sq Ft
04/19/2022 04/19/22 For Sale $799,000 -- $684 / 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 $1,095 $107,000 $78,000 $29,000
2024 $1,095 $72,420 $51,000 $21,420
2023 $1,063 $71,000 $50,000 $21,000
2022 $2,914 $228,000 $110,000 $118,000
2021 $2,900 $228,000 $110,000 $118,000
2020 $2,464 $190,000 $100,000 $90,000
2019 $2,390 $182,700 $100,000 $82,700
2018 $2,182 $166,600 $80,000 $86,600
2016 $1,983 $158,500 $80,000 $78,500
2015 $2,085 $172,000 $80,000 $92,000
2014 $1,887 $146,200 $80,000 $66,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22074104

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-164