Seller's Agent in 2021
Kevin King
Marcus & Millichap
(562) 257-1245
1 in this area
45 Total Sales
805 E 7th St Long Beach, CA 90813
Saint Mary's NeighborhoodEstimated Value: $3,686,382
4
Beds
3
Baths
8,000
Sq Ft
$461/Sq Ft
Est. Value
About This Home
As of November 2021$1000 SECURITY DEPOSIT ON APPROVED APPLICATION
Loft-Style Living in the Heart of the Arts District
About the Unit
Step into this stunning industrial-chic loft, designed for those who crave open space and modern conveniences. Featuring polished concrete floors, exposed wood beams, and soaring high ceilings, this unit delivers the perfect blend of raw character and contemporary comfort. Skylights flood the space with natural light, creating an airy and inviting atmosphere. The open-concept layout includes a stylish kitchen with sleek white cabinetry, a gas range, and ample counter space for cooking or entertaining. A spacious loft area offers flexibility for a bedroom, office, or creative workspace. Additional perks include an in-unit washer and dryer, ceiling fan, and a private entrance with a roll-up garage door, adding an urban edge to this unique home.
About the Property
This converted warehouse-style property embodies the creative energy of the Arts District. Designed for modern city dwellers, it offers a secure and private atmosphere with a minimalist industrial aesthetic. Residents enjoy the convenience of off-street parking and gated entry. The propertys distinctive exterior blends seamlessly with the vibrant neighborhood, while the interior units provide spacious, flexible layouts perfect for live-work lifestyles.
About the Neighborhood
Located in the heart of the Downtown Los Angeles Arts District, this property places you at the center of one of the citys most dynamic and sought-after neighborhoods. Just steps away from eclectic coffee shops, art galleries, and some of LAs top dining spots, youll never run out of things to explore. With easy access to public transportation, bike-friendly streets, and major freeways, commuting is a breeze. Whether you're an artist, entrepreneur, or urban explorer, this neighborhood offers the perfect balance of inspiration and convenience.
Last Agent to Sell the Property
Marcus & Millichap License #01158184 Listed on: 11/01/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $42,101
Year Built
- Built in 1924
Lot Details
- 6,251 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- 8,000 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 14 / 6
- Tax Tract Number 576302
- Assessor Parcel Number 7274020046
- $1,288 per year additional tax assessments
Community Details
Overview
- 7 Units
- Alamitos Beach Subdivision
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,500
- Fuel Expense $1,500
- Insurance Expense $3,300
- Professional Management Expense $1,000
- Trash Expense $1,500
- Water Sewer Expense $1,500
- New Taxes Expense $40,590
- Operating Expense $63,959
- Gross Income $202,507
- Net Operating Income $138,548
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2021
Closed on
Nov 15, 2021
Sold by
Peterson Michael Ryan and Peterson Lisa Marie
Bought by
Ishii Takashi and Ishii Kathleen Y
Seller's Agent
Kevin King
Marcus & Millichap
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$3,300,000
Sold Price
$3,150,000
Premium/Discount to List
-$150,000
-4.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,382
Avg. Annual Appreciation
4.37%
Purchase Details
Closed on
Aug 23, 2000
Sold by
Munson Robert A and Munson Ronald L
Bought by
Peterson Michael Ryan and Peterson Lisa Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Aug 10, 2000
Sold by
Munson Ronald L and Will Of Joy M Munson
Bought by
Munson Robert A and Munson Ronald L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.9%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ishii Takashi | $3,150,000 | Ticor Title | |
| Peterson Michael Ryan | $275,000 | North American Title | |
| Munson Robert A | -- | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peterson Michael Ryan | $734,000 | |
| Previous Owner | Peterson Michael Ryan | $150,000 | |
| Previous Owner | Peterson Michael Ryan | $623,750 | |
| Previous Owner | Peterson Michael Ryan | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | Off Market | $1,995 | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $1,995 | 0.0% | $3 / Sq Ft |
| 05/31/2025 05/31/25 | For Rent | $1,995 | 0.0% | -- |
| 11/29/2021 11/29/21 | Sold | $3,150,000 | -4.5% | $394 / Sq Ft |
| 11/22/2021 11/22/21 | Pending | -- | -- | -- |
| 11/01/2021 11/01/21 | For Sale | $3,300,000 | -- | $413 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $42,101 | $3,342,805 | $1,061,208 | $2,281,597 |
| 2024 | $42,101 | $3,277,260 | $1,040,400 | $2,236,860 |
| 2023 | $41,399 | $3,213,000 | $1,020,000 | $2,193,000 |
| 2022 | $38,834 | $3,150,000 | $1,000,000 | $2,150,000 |
| 2021 | $5,854 | $382,809 | $139,200 | $243,609 |
| 2020 | $5,836 | $378,885 | $137,773 | $241,112 |
| 2019 | $5,770 | $371,457 | $135,072 | $236,385 |
| 2018 | $5,512 | $364,174 | $132,424 | $231,750 |
| 2016 | $5,045 | $350,034 | $127,283 | $222,751 |
| 2015 | $4,865 | $344,778 | $125,372 | $219,406 |
| 2014 | $4,842 | $338,026 | $122,917 | $215,109 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2021
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,776 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21239701
APN: 7274-020-046
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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