$525,000
SOLD JAN 9, 2025
1 Bed
1 Bath
864 Sq Ft
$1,035/mo HOA Fee

Recently Sold

$608 Per Sq Ft

7% Below List Price

201 Days on Market

Highlights

  • Beach Front
  • Fishing
  • 1.19 Acre Lot
  • Long Beach Polytechnic High School Rated A
  • City Lights View
  • Clubhouse

About This Home

As of January 2025

BACK ON MARKET ** BUYER COULD NOT PERFORM ** PRICE IMPROVEMENT !! Welcome to the Historic Villa Riviera Coastal High-Rise. This incredible corner unit offers mostly City and some Ocean/Marina views. One bedroom one bathroom of approximately 864 Sq Ft offers hardwood floors throughout with a semi open floor plan as the some of the kitchen has been opened to living and dining area. Kitchen cabinets and many upgraded appliances along with granite counters in this galley kitchen design. The bathroom has been upgraded with a fanciful seafoam accent tile. This historic masterpiece offers living large details with the pleasure of viewing the pacific ocean coastline and the sophisticated high rise city scape - even all the way to Downtown LA and the mountains beyond. This is a an award wining property that is recognized as an architecturally acclaimed French Chateauesque design and on the National Register of Historic Places. Has also been recognized by the Los Angeles Conservancy and the State of California Historic Preservation Foundation. Enjoy the 7 mile bike/ walk path along the beach steps outside the building or stroll to The East Village Arts District, Lively Downtown Pine Ave, Performing Arts center, or Aquarium of the Pacific - it's all right there. Walk Score 89 HOA fees include ALL the utilities (hot water, heat, electricity, cable tv and internet) The Mills Act is also a designation that allows for up to 60% savings on your property taxes.

Last Agent to Sell the Property

Susan Boyle

Reel Properties Brokerage Phone: 562-715-3905 License #01056722 Listed on: 05/21/2024

Last Buyer's Agent

Holly Kovich

Holly Kovich and Associates License #01350418

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1928

Lot Details

  • Beach Front
  • 1 Common Wall

HOA Fees

Home Design

  • French Architecture
  • Entry on the 9th floor
  • Common Roof
  • Copper Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 864 Sq Ft Home
  • Crown Molding
  • Bay Window
  • Center Hall
  • City Lights Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Dressing Area
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Location

  • Property is near public transit
  • Urban Location

Schools

  • Long Beach High School

Utilities

  • Radiant Heating System
  • Underground Utilities
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 2
  • Assessor Parcel Number 7265004086
  • $227 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1928

Lot Details

0

HOA Fees

$1,035 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Villa Riviera (VLR)
  • View: Yes
  • Zoning: LBPD5
  • Architectural Style: French
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7265004086
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 864.00 Square Feet
  • Interior Amenities: Crown Molding, Elevator, Tile Counters
  • Stories: 16
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 9
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 607.64
  • Room Type: Center Hall, Dressing Area
  • Window Features: Bay Window(s)

Exterior Features

  • View: City Lights
  • Pool Private: No
  • Roof: Common Roof, Copper
  • Spa: No
  • Construction Materials: Concrete

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Radiant
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Outdoor Cooking Area, Picnic Area, Clubhouse, Meeting Room, Management
  • Association Fee: 987.70
  • Association #2 Fee: 47.00
  • Association #2 Fee Frequency: Monthly
  • 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

Schools

  • High School: Long Beach
  • High School2: LONBEA

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Near Public Transit
  • 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 Front

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5766.01
  • Tax Lot: 1
  • Tax Tract Number: 02
  • TaxOtherAnnualAssessmentAmount: 227.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Dec 13, 2024
Sold by
Ronald Young-Soares Living Trust and Young-Soares Ronald
Bought by
Scott Kaitlin B
Seller's Agent
Susan Boyle
Reel Properties
Buyer's Agent
Holly Kovich
Holly Kovich and Associates
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%
Views
144
Current Estimated Value
$530,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,245
Avg. Annual Appreciation
1.02%
Original Mortgage
$315,000
Outstanding Balance
$312,532
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$217,713

Purchase Details

Closed on
Apr 7, 2012
Sold by
Soares Ronald Young
Bought by
Young Soares Ronald and Ronald Young Soares Living Trust

Purchase Details

Closed on
Jul 30, 2011
Sold by
Soares Ronald Young
Bought by
Young Soares Ronald and Ronald Young Soares Living Trust

Purchase Details

Closed on
Apr 20, 2010
Sold by
Frost Amanda Delwin and Frost Christopher Paul
Bought by
Soares Ronald Young

Purchase Details

Closed on
Apr 20, 2005
Sold by
Beach Julie and Beach Richard
Bought by
Wade Amanda Delwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 23, 2003
Sold by
Beach Julie and Beach Richard
Bought by
Beach Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.5%
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 Type Sale Price Title Company
Grant Deed $525,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $310,000 Lawyers Title La
Grant Deed $365,000 Commonwealth Land
Interfamily Deed Transfer -- Security Union Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Previous Owner $292,000 Fannie Mae Freddie Mac
Previous Owner $172,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2025 01/09/25 Sold $525,000 -0.9% $608 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $529,900 -6.2% $613 / Sq Ft
05/21/2024 05/21/24 For Sale $565,000 -- $654 / 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 $2,754 $214,000 $114,000 $100,000
2024 $2,754 $203,000 $100,000 $103,000
2023 $3,637 $274,000 $100,000 $174,000
2022 $2,717 $210,000 $100,000 $110,000
2021 $2,708 $210,000 $100,000 $110,000
2019 $1,891 $139,500 $100,000 $39,500
2018 $4,443 $351,676 $136,132 $215,544
2016 $4,088 $338,022 $130,847 $207,175
2015 $3,923 $332,946 $128,882 $204,064
2014 $3,897 $326,425 $126,358 $200,067
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24088074

California Regional Multiple Listing Service (CRMLS)

APN: 7265-004-086